Timeshares are growing in India. In fact, through the last seven years, it has been growing by 18-20% year-on-year says Radhika Shastry, RCI India Managing director.

Shastry was the guest of the debut episode of Today’s Timeshare, a podcast that is dedicated to the industry and produced on behalf of RCIVentures.com.

“We continued to see growth even during the last year’s downturn - and again this year the industry has been doing extremely well both in terms of sales and the number of people taking holidays,” said Shastry. “In many ways the industry here has been insulated from the effect of the global downturn.”

Ranjana Biswas, senior manager of PR and communications for RCI India, also joined Shastry in the podcast.

Biswas says that the mindset in holidaying in India has drastically changed. Biswas explained: “Through timeshare Indians are looking at a lot of new holiday experiences, and no longer restricted to spending seven days on the beach.”