Extended NAICS Code 812990-31 - Vacation Time Sharing Plans
Extended NAICS Code 812990-31 Description (NAICS 8-digit)
Vacation Time Sharing Plans is an industry that involves the purchase of a vacation property or properties by a group of individuals who then share the use of the property or properties for a specified period of time each year. This industry is also known as timeshare or vacation ownership. The concept of timeshare is to provide individuals with the opportunity to own a vacation property without the full financial burden of owning the property outright. The timeshare owner is responsible for paying an annual maintenance fee, which covers the cost of maintaining the property, and in return, they are granted the right to use the property for a specified period of time each year.
Hierarchy Navigation for Extended NAICS Code 812990-31
Parent Code (less specific)
Tools
- Timeshare management software
- Online booking systems
- Customer relationship management (CRM) software
- Property management software
- Accounting software
- Reservation management software
- Marketing automation software
- Online payment processing systems
- Inventory management software
- Customer feedback and review management software
Industry Examples of Vacation Time Sharing Plans
- Vacation resorts
- Condominiums
- Beach houses
- Ski lodges
- Golf resorts
- Lakefront cabins
- Luxury villas
- Theme park resorts
- Mountain retreats
- Urban timeshares
Extended NAICS Code 812990-31 - Vacation Time Sharing Plans
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