March/April 2010 Developments - 58

About VOASA VOASA stands for ‘Vacation Ownership Association of Southern Africa’. It was previously known as TISA (Timeshare Institute of Southern Africa). The name change was necessary in order for TISA (now VOASA) to evolve with the ever-changing industry, an industry that is constantly introducing innovative new products and propositions – products such as Points Clubs, Fractional Ownership and Destination or Private Residence Clubs, which fall within the timeshare category set out in the Property Timesharing Control Act No. 75 of 1983 and / or Share Blocks Control Act No. 59 of 1980. Though these new products are considered to be different from standard timeshare, they still require representation by an industry body. VOASA is committed to strong ethical standards – this is essential to promote the long-term interests of the shared vacation ownership industry in Southern Africa. South Africa boasts a mature R2bn shared vacation ownership industry, totalling more than 200 resorts with an 85% occupancy rate of 500 000 shared vacation ownership weeks. Purchasing a shared vacation product is a chance to lock into a lifestyle for many years to come at today’s prices. If you stay in a hotel, all you are presented with at the end of your stay is the bill – which is likely to be higher with every passing year. With shared vacation ownership, however, you are buying at today’s prices and you are buying into the concept of a future holiday lifestyle – not just a break. Family and friends can take advantage of your purchase, and the product is very flexible. You can even leave a legacy of wonderful vacations to your children and your children’s children. Shared vacation ownership products include: Conventional Timeshare, Points Clubs, Fractional Ownership, Destination and Private Residence Clubs – all of which are a large and respected part of the global hospitality industry. Shared vacation ownership is now a major part of the global tourist industry. VOASA / Interval International invites you to its 2010 conference at the Breakers Resort in Durban from 29-31 August 2010. VOASA also invites you to take up any one of the sponsorship packages. No other positioning opportunity reaches such a massive gathering of the industry. See you there! Tel: 021 914 9693 | Email: voasa@voasa.co.za Fax: 021 914 5202 | Website: www.voasa.co.za COOPERATIVE ASSOCIATION OF RESORT EXCHANGERS, INC. Make A Difference! Join us in making a difference in the vacation industry. Membership gives C.A.R.E. companies the tools to provide enhanced services to owners/members through additional fulﬁllment opportunities. Member companies are also able to utilize inventory and generate revenue through wholesale rentals and expanded exchange options. To ﬁnd out more, call today 1-800-636-5646 or visit www.care-online.org. The mission of C.A.R.E. is to promote ethical and outstanding vacation services by providing information, education and networking opportunities. Visit us at Booth #325 C.A.R.E. MEMBERS INCLUDE: RESORT DEVELOPERS • PROPERTY MANAGERS • SERVICE PROVIDERS • TRAVEL CLUBS • TRAVEL AGENCIES • WHOLESALERS Developments • March/April 2010

March/April 2010 Developments

Table of Contents for the Digital Edition of March/April 2010 Developments