Canadian Resort and Travel Association (CRTA), the industry-based trade association dedicated to furthering Vacation Ownership in Canada and throughout the world, will concentrate primarily on international timeshare resorts and vacation clubs with high levels of Canadian members. Previously the Association was a tight consortium of Canadian-based resorts. Although this is still an important aspect of CRTA, the view toward consumer education and protection is a fresh approach.
According to Gaetan Babin RRP, CRTA Chairperson, President and CRTA CEO, “Our membership efforts are focused to include timeshare properties the world over, as Canadians make up a considerable percentage of owners, particularly in Mexico and the Caribbean.”
According to recent article in Timesharing Today, “Mexico is second in the world in the number of timeshare developments and number of sales, exceeded only by the U.S.” AMDETUR (Mexico’s timeshare trade association) estimates that non-Mexican nationals have bought between 70 percent and 80 percent of the available Mexican timeshare inventory in 647 resorts, every year between 2007 and 2019. These levels are virtually consistent in the Caribbean as well.
“We know that close to half a million Canadian timeshare owners have purchased in North America including Mexico and the Caribbean. Our goal is to create a CRTA Standard of Excellence, so that consumers and developers alike are protected. This will be an extra layer of consumer protection which will continue to further trust amongst Canadians purchasing vacations elsewhere. The CRTA stamp of approval will also greatly benefit the resort developers providing by another sales tool to offer assurance to prospective buyers.”