Wednesday, January 18, 2006

Timeshare coming to China in a big way


According to a new article in the Standard Weekly, a site in China, RCI believes that some day there will be more timeshare owners in China then the total of all owners there are today.

RCI has a total of about 3.2 million members. About 10,000 of them are in China, but John Paul Nichols, who runs the company's international operations from dual offices in Beijing and Mexico City, believes the domestic tally could eventually grow to match RCI's entire global roll in size.

A remarkable thought, when you consider that the Chinese constitution explicitly acknowledged the general principle of the sanctity of private property only in 2004.

Full story.

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Larry Hayden

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