In his last address to the Australian Timeshare and Holiday Ownership Council (ATHOC), Geoff Ballotti, president and CEO for Group RCI, announced that Australia is the most sought after timeshare location these days. There is then the possibility that timeshare owners who want to seek for relief from their timeshares will increase in the country.

The demand for timeshare in Australia is based on the data gathered from timeshare owners who are mostly composed of Americans. Americans are the biggest market of timeshares. And most Americans have not gone to Australia for a vacation. So, they are looking at Australia to avail of their timeshare vacation week.

With this booming interest in Australia, the possibility of also increasing the need for timeshare relief in the area must concern not only the timeshare owners but most especially the legislators. Proper legislations must be put in place to protect the citizenry as well as the timeshare companies from also experiencing the current situation in other countries where timesharing is both gaining positive and negative feedback.

Regulation of companies who market timeshares should be strictly done. The number of fraudulent sales agents and companies should not increase with the increase of the demand for Australian timeshares.

It is good to know that the Australian Securities and Investments Commission is strict in their regulation of the timeshare industry. The Commission not only demands for financial services license but also clear paper works and presentations. With the rate of regulation in Australia, those interested to purchase timeshares may be well-informed enough not to need timeshare relief in the future.