India Timeshare Looks to Capitalize on Weakened US Dollar
Saturday, December 29, 2007
India is a growing market for timeshares resorts. Not only does the magic of India attract multitudes of tourists, but there are also large populations with Indian heritage who live around the world and who make regular trips to visit family and friends in India. For many people with Indian ancestry, owning an India timeshare is the perfect solution to annual or biannual visits to their homeland.
Two India timeshare resorts recently to receive recognition for their amenities and quality are Ffort Radisson Holiday Klub and Orange County. Ffort Radisson Holiday Klub (note the resort name often appears with both the traditional “Ffort” spelling and the Americanized version, “Fort”) is designed with a historic theme and is built on 160 acres along the Hoogly River. Orange County is located in Western Ghats on a coffee and spice plantation.
Both Ffort Radisson and Orange County are Resorts of International Distinction and recipients of the AIRDA (All India Resort Development Association) Gold Crown Award for consistently surpassing international standards of excellence in timeshare resort quality and hospitality. AIRDA is a member of ARDA – the American Resort Development Association – and works to further the development of timeshare resorts and timeshare vacationing in India, addressing both the interests of the timeshare industry and of the timeshare owner or timeshare renter.
But just how serious is India about the timeshare industry?
Anand Mahindra, chief of India’s $6 billion Mahindra Group was recently quoted in Newsweek as saying, “We’re the largest time-share operators in India. Club Mahindra, part of our real-estate division – with 22 resorts worldwide – will list in 2008. With the currency factor and the rising affluence and leisure time in India, it is the fastest-growing company in our group. Indian tourism is No 2 in the world after China.”
Mahindra’s point is that the weakened US dollar makes America a prime market for a company such as his with widely diversified interests and that is interested in buying into US manufacturing while the dollar is soft in the international market. Mahindra and Mahindra’s businesses go far beyond timeshare resorts and include automobile manufacturing, tractors, financial services, insurance, retail, and a number of other products and niche markets.
Look for this timeshare company and others to be making advances in the timeshare industry, seeking to build on the heightened interest in India timeshares and the weakened value of the US dollar. And if you are interested in keeping US dollars in the United States and still owning India timeshare, look at timeshare resales and timeshare rentals advertised at Sell My Timeshare NOW. When you buy timeshare resales, you are bypassing the middleman, and dealing directly with the person who currently owns the timeshare weeks. In this troubled economy, timeshare resales are the true win-win for people who want to sell timeshare and for people who want to buy timeshare.
Be sure to visit our timeshare blog again on Monday, when I will be sharing a really interesting account of timesharing in India.