Millennials Love Investing in Timeshares: Bluegreen Vacations CEO
Timeshares apparently just aren't for boomers any longer, millennials are getting in the mix says Bluegreen Vacations CEO Shawn Pearson.
Millennials dabbling in the timeshare market? The answer is yes, Bluegreen Vacations (BXG) - Get Report CEO Shawn Pearson told TheStreet at Stifel's 2018 Cross Sector Insight Conference.
With millennials favoring experiences, it makes sense they would show interest in timeshares. According to the American Resort Development Association (ARDA), 30% of timeshare owners are millennials. The average age of a timeshare owner is mid 50s, says ARDA.
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