Thai Vacation Ownership Association (TVOA)
TVOA : สมาคมของผู้ประกอบการธุรกิจไทม์แชร์ไทย
The vacation ownership or timeshare is the trading and exchange of
to use of the resort accommodation i.e. hotels, condominiums for a
period of time. People can purchase the rights to use the accommodation
advance for the period of 20, 30 or 40 years and retain rights to
use the accommodation
for 7 days a year.
Timeshare business had appeared in Thailand serveral years ago but
due to the problem of credibility. Thai consumers had confused timeshare
business with the Blisshers, the devastative pyramid-chain share operators,
the creditability of the timeshare business operators also suffered.
When the timeshare business had re-emerged in Thailand, the business
operators have been looking forward to restore the creditability of
the timeshare business.
As a result, the fast expansion of timeshare business in Thailand
during the last 3 years
are registered. There are more than 30 local real-estate operators
the timeshare business. In order to protect the consumers from the
opertors and regulate themselves, the timeshare business operators
established an association.
The Thai Vacation Ownership Association (TVOA) was established by
business operators in 1997 with the support from RCI and I.I., the
two largest vacation
time rights exchange business operators in the world.
Both RCI and I.I. are founding members since 1997. The present President
of TVOA is
Mr. Christopher Huie, Managing Director of Tai-Pan Hotel
TVOA was established with an aim to protect the consumers and act
as the catalyst in
the development of local timeshare business to meetthe international
Another agenda of the association are the promotion of public understanding
and initiate the generation of the law and regulation on this matter
the consumers and genuine timeshare business operators.
The establishment of the association of the timeshare business operators
as the crucial step in the development of timeshare business as envisaged
development of this business in the other countries. When timeshare
in any countries, there were both good and bad business operators
and often the image
of the business was tamished in the eyes of the public. Therefore
the good business
are naturally join together to form the organization or association
to regulate themselves
and push the legislators to enact law and regulations on this business.
All these efforts will lead to the establishment of business ethic
to be the foundation for
the making of law. Finally the creditability of the business will
be raised as the consumers
are assured by the high standard of the profession and the protection
from the law.