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16-31 October 2007  
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Home - Market - Article

Vacation ownership (timeshare) introduced as a subject in Institute of Hotel Management

EH STAFF - Bangalore

All India Resort Development Association (AIRDA) has introduced vacation ownership (timeshare) as a subject as part of the syllabus of the Institute of Hotel Management, on advice of the National Council of Hotel Management & Catering Technology, Ministry of Tourism.

N S Bhuie, director for Studies, NCHM says "The National Council has done extensive research and held detailed discussions with AIRDA and its members to evolve course material which will be relevant to the Indian industry and also provide successful candidates with better job opportunities."

According to B S Rathor, chairman, AIRDA "Vacation ownership (timeshare) is one of the fastest growing segments of the hospitality industry and will require skilled and trained personnel. Introduction of the subject in the syllabus of the IHM is very timely and appropriate."

"Vacation ownership industry in India has been growing at a CAGR of 20 per cent over the last few years and is a great driver of domestic leisure tourism in the country," he adds.

AIRDA is the national representative of the vacation ownership (timeshare) industry in India and works towards disciplined expansion of the industry by self-regulating business conduct and building credibility and image through education and communication.

 


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