In the eighties, during the early stages of timeshare in India, there was no regulatory mechanism to monitor and guide early bird operators. Especially in terms of a balanced, unified approach to meeting customer needs. This lack of regulatory mechanism led to inconsistencies in the quality and delivery of services, which hampered the growth of timeshare.
In 1998, a visionary group of resort developers and RCI, joined hands to set the foundation for India’s first regulated body for vacation ownership – a body that would adopt and abide by a code of ethics reflecting fair practices.
Read the complete interview with Mr B.S. Rathor on the AIRDA website
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