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RCI, the global leader in vacation exchange and part of the Wyndham Worldwide family of brands (NYSE: WYN), has reached a milestone celebrating 25 years happy vacations in India.
“RCI has grown to become the pioneer of holiday exchange and has today revolutionized the concept of timeshare. It has played a pivotal role in shaping the holiday exchange legacy and has spurred the expansion of its supreme offerings in the Indian market. With unique products and unparalleled vacation options, RCI has shaped the future of timeshare in the country. It has been our endeavor to offer our customers with quality service at the best value. We have constantly strived to deliver to the best of our ability in a way that our clients, partners and stakeholders can be proud of,” says Sabina Chopra, Managing Director, RCI India.
Resonating the sentiment, Jonathan Mills, Head Asia Pacific, RCI said “It is a coveted milestone for us to complete 25 years of operation in India, a key market for us. At RCI, there is nothing more important than delivering a positive holiday experience for our customers. Given the rapidly evolving travel landscape in India, our endeavor is to be responsive towards the needs of the customer, respect their opinions and deliver great experiences. We will continue to work towards creating magical moments and happy holidays for our RCI family in India.”
Since its inception in India in 1992, RCI has affiliated resorts in over 60 unique destinations across the country, giving holidaymakers access to more than 200 resorts in India as well as the global portfolio of more than 4,300 resorts across 110 countries. RCI has partnered with some of the best timeshare developers in the business. From Mahindra Holidays to Sterling Holidays which are RCI’s oldest partners to Country Vacations and other independent properties, giving owners more choices and quality vacation opportunities than any other exchange company that in the world.
Ms. Chopra adds, “In our journey over the years we have come to understand the main criteria for customers to choose timeshare over other travel options is the hassle free experience. We have seen a burgeoning growth in the higher-end of the segment with a growing affluence in families, which is a key contributor to the potential of timeshare in India. We have seen a growth rate of almost 55% in the last ten years and can confidently say that the segment will only continue to expand vigorously.”
Club Mahindra Holidays have been one of RCI’s oldest partners.
“RCI is one of the forerunners in establishing the vacation ownership concept in India and we are glad to partner with them in this journey. One of the distinguishing factor of RCI is their resort ranking systems that follows thorough quality checks making it easier for a member to choose a property within any given destination in India and abroad. We are proud to establish that our resorts are ranked very high and are some of the most sought-after properties for vacationing. We look forward to our continued association of crafting valuable business prospects together,” said Ramesh Ramanathan, Managing Director, Sterling Holidays, who are one of the oldest RCI partners in India.
“Just like any Silver Anniversary occasion, the partners cannot help but toast and remember with fondness the challenges they have overcome together to achieve what is truly a testament of compassion, compromise and conviction in each other. RCI and Kamats have come a long way and the proof of this is the highly satisfied families who have been able to roam the world while bonding and broadening their children’s horizons. We look forward to the day where this Silver turns to a Midas Touch 50,” said Vishal Vithal Kamat, CEO, Kamat Hotels India Limited.
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