The Fractional and Shared Ownership Trade Association (FSOTA) has become the first new member of the Resort Development Organisation (RDO) since it changed its name from Organisation for Timeshare in Europe to reflect changes in the vacation ownership industry.
While remaining a stand-alone association, FSOTA members will now be bound by RDO’s code of conduct, which aims to protect consumers and promote best practice and fair trading in the industry.
“We renamed ourselves as RDO so we could truly reflect the extensive range of holiday options now available in the vacation ownership market,” said Richard McIntosh, Chairman of RDO. “With FSOTA joining us we are able to significantly increase our representation of the fractional ownership market.”
Piers Brown, chairman of FSOTA, acknowledged the benefits of becoming part of an association like RDO, which has a track record of representing the industry and enforcing high standards. "We expect fractional and shared ownership to continue to increase in popularity and membership of RDO will help the industry grow," he said.
FSOTA is a newly formed organisation dedicated to the responsible and sustainable growth of the fractional and shared ownership industry in Europe. Businesses in this industry interested in applying for membership or receiving more information can email firstname.lastname@example.org.