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VOASA Corporate profile

VOASA stands for 'Vacation Ownership Association of Southern Africa'. It was previously known as TISA (Timeshare Institute of Southern Africa). The name change was necessary in order for TISA (now VOASA) to evolve with the ever-changing industry, an industry that is constantly introducing innovative new products and propositions - products such as Points Clubs,Fractional Ownership and Destination or Private Residence Clubs,which fall within the shared vacation ownership category set out in the Property Timesharing Control Act No.75 of 1983 and / or Share Blocks Control Act No.59 of 1980.

Though these new products are considered to be different from standard shared vacation ownership, they still require representation by an industry body. Each prospective member's application and documentation will be vetted, not only for legal compliance, but also for consumer protection. All members of VOASA are required to adhere to the industry Code of Conduct. VOASA is committed to strong ethical standards. This is essential to promote the long-term interest of the shared vacation ownership industry in Southern Africa.



The Vacation Ownership Association of Southern Africa, once known as the Timeshare Institute of South Africa (TISA), now represents fractional ownership schemes as well. Its first conference was held in June this year, where it officially launched its new name (VOASA), logo and identity, signalling the reinvention of, and dramatic changes to, this industry body.

VOASA's purpose is to provide innovative solutions to industry challenges. For consumers, the name change means that VOASA will be the mediator for any queries or complaints relating to timeshare and any other sharedvacation-ownership products.

The conference brought to light key industry issues, including: the important new Consumer Protection Bill, which will change the way the industry communicates with customers; the new Companies Bill and the effect it has on share blocks; and the shift in tourism to a greener approach and ensuing benefits to resorts and developers.

The conference opened with a presentation by keynote speaker Howard Nusbaum, president of the American Resort Development Association, who reviewed the shared-vacation ownership industry in the US and highlighted the effects of the global credit crisis.

Senior Consultant at Michalsons Attorneys, Brendan Hughes, spoke about the significant practical impact that the new Consumer Protection Act will have on the nature of contractual warranties provided to consumers, refund policies and the general formulation of contractual terms and conditions, particularly standard form contracts and the way in which those contracts must be interpreted by courts. 'Although the Act puts up several new legal hurdles for business to clear, it also offers businesses the opportunity to promote confidence and certainty in their offerings to consumers, and this will ultimately help drive consumer purchasing decisions,' said Brendan.

Professor Piet Delport of the University of Pretoria gave a very informative presentation concerning the interaction between the Share Blocks Control Act 1980 and the new Companies Act. Highlighting the duties and liability of directors, corporate governance and the enforcement of duties and rights of shareholders, Professor Delport also covered transitional arrangements with regards to the implementation of the Act.

The shared-vacation-ownership industry has taken on its responsibility of implementing ways to help decrease global warming, and as such delegates like Greg McManus of the Heritage Environmental Management Company and Barney Beukes of SIRAC spoke at the conference. Greg discussed environmental rating and management systems for responsible tourism. Barney presented to delegates SIRAC's energy-saving heat pumps. 'Hot water is the major consumer of power in a home,' said Barney. 'By utilising a SIRAC heating pump you can save 65 per cent of your water-heating costs by employing the free solar energy that is available. The SIRAC heating pump is ozone-and global-warming-neutral and it has been accepted by the Montreal Protocol.'

The conference also advised the industry about marketing messages, particularly those that, according to the new legislation, are no longer allowed. Various guest speakers discussed in detail the concepts of Internet marketing and promoting a conscious brand throughout the industry. For example, Deon Robbertza of Zoom, the first advertising company in South Africa to be 100 per cent carbon neutral, discussed the subject of 'Adapt or Die - The Conscious Brand'. 'It's about single-planet living and offering consumers an ethically correct choice, 'Deon said.' It's about leaving our environment in a better state than we found it and, at the same time, sustaining realistic business growth. We shouldn't be waiting for consumers to demand this choice - we should be offering it as a matter of principle. And we need to do it organically, starting with a focus on the product'.

VOASA went on to recognise pioneers in the industry with an awards ceremony. Award categories, and winners, included:

Industry Team of the Year (Kwa Maritane Bush Lodge);

Industry Performer of the Year (Judy Pousson of The Holiday Club);

Service Excellence (Dirk Wilson of FractionalOwnership.co.za.).

A Lifetime Achievement Award went to Brian Stocks of Sun International Vacation Club.

All the delegates at the conference signed a FIFA soccer ball to demonstrate their dedication to, and support of, the 2010 World Cup festivities.

Q&A with Alex Bosch
VOASA


The former Timeshare Institute of Southern Africa (TISA) recently re-branded to VOASA – Vacation Ownership Association of Southern Africa, why was this?

[AB] The Timeshare Institute of Southern Africa (TISA) was officially landed in 1993 with the mission and object intention to govern business practices within the Timeshare industry through a Code of Conduct to protect the interest of both consumers and the industry and promoting an equitable, negotiated balance between these interests.  The industry in 1993 consisted of conventional timeshare week modules utilised by timeshare owners.

The industry has since evolved through the introduction of new products based on the underlying timeshare structures such as timeshare points, vacation clubs, destination clubs and fractional ownership, giving the consumer greater flexibility and choice.  In 2007 TISA created a business strategy plan in terms of which these new products would be incorporated in the industry which had evolved to a model of shared vacation ownership products and to re-brand the industry, hence the name change and re-branding to Vacation Ownership Association of Southern Africa (VOASA) to embrace all stakeholders in the shared vacation ownership industry.

SAAFI also merged with VOASA - Does this imply that VOASA are the only shared vacation ownership body in Southern Africa?

[AB] VOASA is the only shared vacation ownership body or association with a code of conduct agreed with and mandated by the Department of Trade and Industry (DTI) – other informal associations may exist but are not known by VOASA.

Is VOASA a voluntary organisation?

[AB] VOASA is a self-regulated non-profit association funded through it's membership base with no governmental subsidy

How many members does VOASA have?

[AB] The current membership of  VOASA totals 197 members; the greater majority thereof being corporate entities

What services does your organisation offer vacation ownership companies and individuals?

[AB] VOASA offers guidance on legislation affecting the industry; ensuing that accommodation schemes are, structured correctly in terms of the required legal framework; attending on general enquiries or complaints received pertaining to the industry and an alternative dispute resolution through mediation.

What membership categories do you offer?

[AB] VOASA offers membership in Developer, Exchange Organisation, Owners Association, Brokers and managing agent categories.

What events to VOASA have planned for 2010?

[AB] VOASA will attend a stand at the Annual Indaba Exposition, various workshops for members as well as the Annual VOASA Conference in August 2010 in Durban

Has your organisation assisted resorts with offering accommodation for the 2010 FIFA world cup visitors?

[AB] VOASA assisted a number of timeshare resorts and vacation clubs to engage in discussion with MATCH, the accommodation arm of FIFA 2010, and to enter into agreements endorsed by VOASA.

What major changes do you for see for the shared vacation ownership industry over the next 12 months?

[AB] As in all property related industries, the shared vacation ownership market has been negatively affected by the current economic downturn.

Indications are positive that the economy and thus the property market will pick up later in 2010. Against this, our industry is faced with the challenges of the new Companies Act 2008 and the Consumer Protection 2008, both statures of legislation coming into effect during 2010; to balance the effect and the sustainability of the industry to positively grow.

 Contact Details
Location: Cape Town, Western Cape, South Africa
Contact person: Melanie Hatjigiannakis
Office Phone: +27 (0)21 914 9693
Cell Phone: Not Available
Email: Email agent
Website: Visit website
Location: Johannesburg, Gauteng, South Africa
Contact person:
Melanie Hatjigiannakis
Office Phone: +27 (0)11 258 0045
Cell Phone: Not Available
Email: Email Agent
Website: Visit website

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