A new report on time sharing in the Caribbean to be released by RCI Consulting shows that resort timesharing continues to be one of the fastest-growing vacation and real estate industries in the region. There are 128 timeshare projects on 15 Caribbean islands, with 8,150 built timeshare units. Most of these are located in Aruba with 30.4% and St. Maarten with 18.3%. The Dominican Republic is third with 13.3%, followed by the Bahamas with 11.3%, the US Virgin Islands with 6.1%. Residents of the United States account for about 75 percent of all timeshare purchasers in the Caribbean. Nearly one-third (33.1 percent) of all purchasers reside in four US states — New York, New Jersey, Massachusetts and Florida. Europeans account for 11.7 percent and Canadians for 5.7 percent of all purchasers.
