The world’s largest timeshare exchange network adds new 25 new properties in the third quarter and moves from licensing to a wholly-owned business model in Japan to aid expansion
RCI, the largest timeshare exchange network in the world, has added more than 25 properties to bring its total to almost 4,500 affiliated resorts and is changing the way it operates in Japan.
Among new resorts added in the third quarter is the Grand Class property in Mexico, which is part of Grand Velas resort in the Riviera Maya, the only family-friendly all inclusive resort in the Mexican Caribbean to be rated Five Diamonds by the AAA.
The Grand Class upscale suites at the Playa del Carmen resort feature private plunge pools on each terrace, spacious lounge areas with plasma televisions, and bathrooms with rain showers.
In Turkey, two new Akropol properties have joined the RCI network, including the Akropol Resort and Spa, at Alanya, which is planned to open next year.
The Registry Collection program, the world’s largest luxury exchange scheme, added a new property in Barbados through an affiliation with Saint Peter’s Bay. Members can stay in the resort’s beautifully appointed three-bedroom homes and penthouses, which are strategically laid out to maximize sea views. The property offers access to the stunning beach, as well as a lagoon-style swimming pool, a state-of-the-art fitness center, and personal concierge services.
RCI President, Gordon Gurnik, says, “Each of these new properties offers its own diverse and captivating vacation experience, and we are proud to bring our members these additional flexibility options and high-quality choices.”
The group is also expanding and changing the way it operates in Japan, where it has 25 affiliated resorts. RCI has just held its first Business Partner Appreciation Lunch at the Park Hyatt Tokyo for around 40 guests, including Mike Uchida, Vice President of Hilton Grand Vacations Club and Norikiyo Kihara, Senior Manager of Disney Vacation Club.
Ricardo Montaudon, Managing Director of RCI Asia Pacific, explains, “RCI is thankful for our partners’ continued support over the past year as we increase our presence in Japan by moving from a licensing model to a wholly owned business model where we can fully deploy our resources to grow shared ownership in this high-potential market.
“We will continue to provide our affiliated resorts and their members with excellent exchange services, in addition to new and exciting benefits and programs to come.”
With Japan’s highly developed economy and popular tourism destinations, there are great opportunities to accelerate the growth of the industry, he says.
Norikiyo Kihara, says, “It is assuring to hear about RCI’s history, achievements and track records, as well as its future strategies for Japan. Shared ownership works differently in Japan, so the introduction on global shared ownership market is useful for us to understand how shared ownership works in the rest of the world and how we can leverage it.”
Leo Okazaki, director of Business Development for RCI Japan, says future growth prospects and opportunities for shared ownership in Japan are strong.
“Shared ownership is a proven travel management tool that will benefit local businesses, developers and consumers alike. Japan is now a strategic region for RCI and we are confident that with the support of our partners, we can help bring the shared ownership industry in Japan to new heights of success.”
The expansion in Japan comes after RCI reached 50-plus resorts in China earlier in the year.
RCI, which was founded 40 years ago as Resort Condominiums International, has nearly 4,500 affiliated resorts in more than 100 countries. It has 3.7million subscribers and runs a week-for-week exchange system, and points system. Some RCI-affiliated resorts offer property purchase options.
By Adrian Bishop, Editor, OPP Connect