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I have often been asked how timeshare concepts can boost resort development in India. And the answer to that is not a simple one-liner. Because the timeshare and vacation ownership business model comes with a long life cycle – helping promoters plan the roll out of investments and resources. It also gives them a long buy-in from customers. In addition to paying upfront they continue to use the facilities and pay for other services such as F&B.

The longer version of that answer has to do with India as a booming hospitality market and poised for growth through relatively newer models such as timeshare and vacation ownership.

More at this link, on the AIRDA website >

http://www.airda.org/html/industry/letter_chairman_sep10.html

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B.S. Rathor is the Chairman & Principal Advisor at AIRDA. An Honours Graduate in Electrical Engineering from IIT Kharagpur, B.S. Rathor joined AIRDA after his retirement from Ford India, where he was Vice President. Earlier, he has held senior executive positions in English Electric & GEC Alstom.

Our interview with him was unusual, because he had to wear two hats to answer these questions. The hat of an end-consumer, and the hat of Chairman at AIRDA.

More at this link, on the AIRDA website >

http://www.airda.org/html/news/views_anil_rathor.html

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