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A14   LOCAL
                    Monday 5 March 2018


















            40 years of Time Share: Aruba Shows World Leader Role from Beginning


            ORANJESTAD  –  The  Univer-                                                                                         2017.
            sity of Aruba (UvA) together
            with Aruba Tourism Author-                                                                                          The effect of time share on
            ity  (ATA)  and  Aruba  Time-                                                                                       our  economy  turns  out  to
            share  Association  (ATSA)                                                                                          be  20%  of  the  GDP  (Gross
            recently  organized  a  con-                                                                                        Domestic  Product).  Both
            ference where not only the                                                                                          the inventory of time share
            celebration  of  40  years  of                                                                                      rooms as well as the quan-
            the  time  share  industry  in                                                                                      tity  of  visitors/owners  of
            Aruba took place, but also                                                                                          weeks  for  time  share  are
            important  research  infor-                                                                                         stable.  Aruba  represents
            mation was shared, carried                                                                                          the  highest  percentage
            out by students of the Fac-                                                                                         of  repeated  visitors  in  the
            ulty of Hospitality and Tour-                                                                                       region  of  the  Caribbean,
            ism  Management  Studies                                                                                            time  share  owners  are
            (FHTMS).  One  of  the  most                                                                                        the  biggest  contributors
            appreciated persons in our                                                                                          to  this  fact.  The  category
            time  share  industry  sector                                                                                       where  to  belong  the  time
            and tourism in general, Jan                                                                                         share  owner  is  called  the
            van Nes, was honored dur-                                                                                           ‘baby  boomer’  (65  years
            ing the interesting event.                                                                                          old  and  up).  Many  bring
                                                                                                                                along their families and all
            President  of  ATSA,  Ursell                                                                                        together  contribute  to  our
            Arends,  mentioned  during                                                                                          economy. Another interest-
            his  dynamic  speech  that                                                                                          ing fact that was shown by
            there  is  a  new  role  for  the                                                                                   the research is that almost
            social  aspect  within  the   who launched a complete  students are the next gen-      generation.                  all  Time  Share  owners  visit
            time  share  sector,  among   new  foundation,  called  eration and they are need-                                  our island for over 10 years.
            others to strengthen bonds   Happy  Community  Fund.  ed in the sector of tourism.  Time Share & Local Econo-       They feel that Aruba is their
            with  the  Red  Cross  and   Among  others  they  will  However,  a  lot  of  students  my                          second  home  and  praise
            stimulate  sports  for  young   contribute to an affordable  express that they find work-  CEO  of  ATA,  Ronella  Tjin   the  friendly  locals  and
            children  and  teens  within   and quality children’s care  ing  in  tourism  unattractive  Asjoe-Croes,  presented  in-  beautiful beaches.
            football  club  SV  Britannia.   for locals. Last but not least  due to the long hours and  formation  and  data  that
            The coming five years ATSA   ATSA  works  together  with  working on weekends/holi-    showcase  the  importance    University Research
            will support these organiza-  the university and supports  days. He states that it is sig-  of the time share industry in   A group of students of the
            tions.  There  is  also  a  new   them with funds for educa-  nificant  for  the  time  share  Aruba. The concept of time   university  Faculty  of  Hospi-
            collaboration  with  Centro   tion.                       sector to focus on this fact  share  started  in  the  island   tality and Tourism Manage-
            pa Desaroyo Aruba (CEDE)                                  and  make  the  work  more  in  1977  with  Aruba  Beach   ment  Studies  (FHTMS)  car-
                                         Arends emphasizes that the  appealing  to  the  young  Club  as  pioneer,  followed    ried out profound research
                                                                                                   by  Playa  Linda  Beach  Re-  with  regards  to  the  time
                                                                                                   sort  and  many  others  in   share  industry  under  the
                                                                                                   the  80’s  and  90’s.  Time   guidance of Professor Rob-
                                                                                                   share  visitors  cover  26%  of   in di Pietro (University South
                                                                                                   the  total  stayover  visitors   Carolina)   and   deacon
                                                                                                   in Aruba during the last 20   John Warlaw. The outcome
                                                                                                   years  between  1977  and    was presented by the pro-
                                                                                                   2017.  The  average  growth   fessor and showed that the
                                                                                                   of the industry was 3.4% (5%   majority  of  the  tourists  in
                                                                                                   worldwide from 2013). With   Aruba  are  in  the  age  cat-
                                                                                                   regards to the affluent visi-  egory  of  50-years-old  and
                                                                                                   tors, specifically those com-  up.  The  motive  for  visitors
                                                                                                   ing from the United States,   to  purchase  a  time  share
                                                                                                   it can be stated that there   is  the  satisfaction  with  the
                                                                                                   was  a  growth  of  5.7%  in   resort they are staying in. A
                                                                                                   2017 compared to the year    time share owner shows re-
                                                                                                   before.  The  market  share   peated  visits  to  the  island:
                                                                                                   of this group counts for 57%   70%  is  coming  for  over  10
                                                                                                   of the total visitors coming   years to the island with an
                                                                                                   to  Aruba  between  2013     average stay of 12,5 days.
                                                                                                   –  2017,  meaning  that  we
                                                                                                   have an average increase            Continued on Page 16
                                                                                                   of  4%  between  2013  and
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