RDO
The OTE has changed its name to the RDO (Resort Development Organisation), please read the quote below for more details on the name change.
OTE (Organisation for Timeshare in Europe) announced today that it has changed its name to Resort Development Organisation (RDO). The new name is reflective of developments in the vacation ownership industry, which has changed dramatically since the 1960s when timeshare was first sold, giving the consumer a fixed week at one resort. Since then new forms of vacation ownership have emerged giving the consumer more flexibility and choice, such as ‘floating weeks’*, the points system* and, more recently, fractional ownership*, private residence clubs*, destination clubs* and condo hotels*.
"The Organisation for Timeshare in Europe (RDO) was established to improve representation for reputable companies in the timeshare sector and promote fair trading, quality within and growth of the timeshare industry.
Its members lead the industry in their commitment to strong ethical standards with the aim of raising the standards of the industry as a whole, ensure fair trading and satisfaction of timeshare owners."
The RDO has members from all areas of the timeshare industry ranging from developers to marketing companies, as well as firms such as solicitors and resale agents.
Members of RDO are here to help improve the image of the timesharing industry and to provide safe and reputable companies for timeshare owners and those looking to become timeshare owners to work with.