Special Report: The Timeshare Industry in 2025
Key Industry Developments:
- Westgate Resorts founder David Siegel passes away at 89
- Major consolidation continues with Hilton Grand acquiring Bluegreen Vacations
- Legal challenges and consumer advocacy reshape industry practices
- Digital transformation and subscription models emerge as alternatives
End of an Era: Westgate Resorts Founder David Siegel Dies at 89
The timeshare industry marks the end of an era with the passing of David Siegel, founder and CEO of Westgate Resorts, who died on April 7, 2025, at the age of 89. Siegel, a controversial and influential figure in the industry, built Westgate into one of the largest privately-owned timeshare companies in the world.
Siegel's legacy is complex. While he created thousands of jobs and helped develop the modern timeshare model, his company also faced numerous legal challenges over sales practices. Westgate Resorts has been the subject of class action lawsuits alleging high-pressure sales tactics, according to consumer legal news site Top Class Actions.
Industry analysts are now watching closely to see how Westgate's leadership transition will affect its business practices and the broader timeshare landscape.
Major Industry Consolidation Continues
Beyond the Westgate transition, the timeshare industry continues to undergo significant consolidation:
- ▶ Hilton Grand Vacations acquired Bluegreen Vacations for $1.5 billion (November 2023)
- ▶ Hilton previously acquired Diamond Resorts from Apollo Global Management
- ▶ Marriott Vacations Worldwide continues to expand its portfolio
- ▶ Travel + Leisure Co. (formerly Wyndham Destinations) diversifies beyond traditional timeshare models
Legal Challenges Reshape Industry Practices
The timeshare industry in 2025 is increasingly shaped by legal challenges and regulatory scrutiny. Multiple major developers face class action lawsuits over sales practices, with allegations ranging from high-pressure sales tactics to misrepresentation of product benefits and resale value.
"We're seeing a gradual shift in how timeshare companies operate in response to legal pressure," explains consumer rights attorney Jennifer Martinez. "The most forward-thinking companies are moving toward more transparent sales processes and offering more flexible ownership options."
These legal challenges have coincided with increased media scrutiny, including high-profile investigations by major news outlets and television programs like Last Week Tonight with John Oliver, which characterized lying as "a key strategy" in timeshare sales.
The Future: Digital Transformation and New Models
As traditional timeshare companies face challenges, new models are emerging that address common consumer complaints. Subscription-based vacation clubs, fractional ownership with clear exit paths, and digital platforms that facilitate more flexible booking are gaining traction.
"The industry is at an inflection point," says travel industry analyst Michael Chen. "Companies that adapt to changing consumer expectations around flexibility, transparency, and digital experience will thrive. Those that cling to outdated sales tactics and rigid ownership models will continue to face backlash."
"The next generation of vacation ownership will look very different from the traditional timeshare model. Consumers are demanding flexibility, digital-first experiences, and clear, fair exit options."
— Industry analyst quoted in Hospitality Trends Report 2025
What This Means for Current Timeshare Owners
If you currently own a timeshare with one of the major developers:
- Industry consolidation may affect your ownership rights and resort access
- Watch for communications about ownership changes or program modifications
- Be aware that legal settlements may create new exit opportunities
- Consider consulting with a timeshare exit specialist to understand your options