Questions Raised about India Timeshare Market

For several years, we’ve been hearing only good things about the state of timeshare sales in India. India has been a vacation hot deal with strong timeshare sales both from residents and from abroad. In fact, business has been so good, that some India timeshare companies have established targeted offices in cities such as Washington DC and London because these areas have large populations of residents whose parents or grandparents live in India and who visit there regularly.

India timeshare sales have boomed, in part, because people who make annual trips to visit their India homeland recognize the value of owning timeshare weeks at resorts located near their family and friends. Additionally, India has long been considered a safe vacation destination, with a warm climate, beautiful beaches, and a rich and splendorous cultural heritage, that is geographically well located for millions of travelers.

So I was surprised to read the recent post from India news source, Sify.com, stating, “The concept (timeshare ownership) failed because their owners apparently did not intend to honour their commitments to the consumers who paid money up-front and booked time in resorts. It was also alleged that after building these resorts, consumers holding valid timeshare were told that the resort was unavailable while walk-in customers were provided room because they paid cash.”

The India Timeshare and Timeshare Resale Market

I challenge this statement as a problem of “throwing the baby out with the bathwater.” I would certainly not call India timeshare a failed concept. While it appears that India timeshare owners are raising a complaint about their inability to exchange timeshare while their exchange company seems perfectly willing to rent timeshare weeks to non-owners, they are simply voicing a problem that is confronting timeshare owners in all parts of the world.

A detailed and highly-informative article posted by IndLawNews depicts a much more positive picture of timesharing in India, stating, “Timeshare is one of the most evolved and profitable sectors in the hospitality and leisure industry. Introduced in India barely 15 years ago, the timeshare industry is growing manifold with big brands such as Resort Condominiums International (RCI), Ramada Hotels & Resorts, Club Mahindra, Hyatt Vacation Club, etc. entering the business. Much of it still remains untapped and developers keep coming up with new, innovative and attractive deals.”

I venture to say that timeshare ownership in India is still an excellent idea and a perfect solution for both vacationers and people who travel regularly there. Every nation that has embraced the concept of timeshare ownership has soon found that new legislation must be introduced to regulate timeshare buying and timeshare selling within their marketplace.

Growing pains in the India timeshare market maybe, but a failure? Not a chance!