Thursday, August 09, 2001, updated at 15:49(GMT+8)
Business
RCI: "China Has Great Potential in Tourism Industry"
Wednesday saw RCI, the world largest vacation exchange company announce that RCI Asia-Pacific Pte Ltd. has formally set up its branch office in Beijing. This means RCI has turned over a new chapter to tap for the largest potential market in China.
"China has always been an important market in our opinion,"said Peter Wright, managing director of RCI Asia-Pacific at the founding ceremony. "It has a vast territory with a huge population. It has numerous scenic spots and great potential in the development of tourism industry. RCI will work hard to make more people understand the new concept of vacation exchanges and to find a method to make our current and coming RCI-affiliated members develop their time-sharing business in a better way".
As reported the measures of time-sharing vacation and using of holiday houses first came into being in Europe. Now it has turned out to be one aspect that sees the most rapid development. Being the world largest provider of vacation exchange products and services, RCI has more than 3,700 vacation villages and hotels in over 100 countries. It possesses the first service system for vacation exchanges and week-to-week exchange system based on points. Last year, RCI finished more than 2 million times of exchanges through its systems, by means of which more than 7.5 million persons were sent to different resorts across the world. It is a subsidiary of Cendant Corporation headquartered in New York.
Wednesday saw RCI, the world largest vacation exchange company announce that RCI Asia-Pacific Pte Ltd. has formally set up its branch office in Beijing. This means RCI has turned over a new chapter to tap for the largest potential market in China.