In 1998, a visionary group of resort developers and RCI inked a blueprint for an independent body – an association with a purpose and an agenda – keeping in mind the nascent profile of timeshare in the country and the constructive role that could be played by developers to grow the industry. Importantly, to work hand-in-hand with both promoters and consumers. This was how the foundation was laid for the All India Resort Development Association (AIRDA).
AIRDA’s key member segments include timeshare developers, exchange companies, marketers and other participant stakeholders. In addition to playing catalyst for the vacation ownership industry, AIRDA also assumes the role of an ombudsman – ensuring that the promoter-consumer relationship is ethical, fair and value-based.
Promoter members commit to adopt and abide by a code of ethics that reflect fair practices and set the stage for strong, sustainable and profitable businesses. The code also seeks to protect that most important link in the value chain – customers.
There’s more about timeshare in India, on the AIRDA website > www.airda.org