Journal of Retail & Leisure Property

TABLE 5

FROM:

An economic analysis of a timeshare ownership

Atupele Powanga and Luka Powanga

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Table 5. Vacation lodging costs

Period ending 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
  $ $ $ $ $ $ $ $ $ $
Room rate per week* 2,8002,9403,0873,2413,4033,5743,7523,9404,1374,344
Plus room tax @10%** 280 294 309 324 340 357 375 394 414 434
Total cost3,0803,2343,3963,5653,7443,9314,1274,3344,5514,778
           
Cumulative costs$38,739.91         

* Based on $400 per room per night over a seven-day period

** From Marriott Vacation International Inc.

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