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Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
Paul Gardner Bougaard – RDO Chief Executive
RDO Update
Key achievements 2014
• Review of the 2nd pan European Timeshare Directive: responding to
consultations, providing data & statistics, hosting workshops
• Claims working group established to examine the activities of non-
regulated companies that exploit consumers
• Complaints filed about Google ads
• Meetings to be held with the MOJ, Banks & Financial
Ombudsman Service
Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
Key achievements 2014
• RDO Board signed off new Exit Strategy November 2014
• RDO Enforcement & the Timeshare Task Force (backed by
TATOC & RDO) working to have fraudulent/deceptive
companies investigated by the authorities & closed down
• Complaints from consumers addressed & in some cases,
refunds provided
Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
Key achievements 2014
• 1st joint RDO- TATOC seminar held March 2014
• Over 100 attendees
• Positive feedback from delegates
• Successful RDO5 conference took place in London
• Press event held in Tenerife, highlighting benefits of timeshare
in the Canary Islands
Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
Main Challenges
• Some European countries still in recession, impacting on the
industry
• Products need to be adapted to target a younger demographic
• Increasing numbers of claims companies targeting owners & the
industry
• Continued focus by media & legislators on long-term perpetuity
contracts & the perceived lack of exit routes for legacy owners
Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
2015 Priorities
• Timeshare Directive review process to continue
• CMA report recommending consideration of a legal right to
exit to be reviewed by the UK government:
• RDO will continue to focus on tightening up on its
Code of Conduct in terms of surrenders
• New RDO policies adopted to be promoted to
legislators & the media, demonstrating our
commitment to looking after owners
Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
2015 Priorities
• Continue developing the relationship with TATOC
• Pursue the major fraudsters, resulting in prosecutions
• Launch a sales accreditation scheme
• Conduct a KPI analysis of our members
• Ensure the industry’s properly represented at the German
parliament (the Bundestag)
Annual Conference 2015
TATOC Annual Conference 2015 – Time For Change
2015 Priorities
• Hold a seminar in Tenerife to educate the hotel sector about the
timeshare industry
• Launch an integrated social, digital & media campaign to
promote the positives of timeshare holidays and get not only the
industry but also owners actively engaged in it

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Paul Gardner Bougaard - The annual RDO report

  • 1. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change Paul Gardner Bougaard – RDO Chief Executive RDO Update Key achievements 2014 • Review of the 2nd pan European Timeshare Directive: responding to consultations, providing data & statistics, hosting workshops • Claims working group established to examine the activities of non- regulated companies that exploit consumers • Complaints filed about Google ads • Meetings to be held with the MOJ, Banks & Financial Ombudsman Service
  • 2. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change Key achievements 2014 • RDO Board signed off new Exit Strategy November 2014 • RDO Enforcement & the Timeshare Task Force (backed by TATOC & RDO) working to have fraudulent/deceptive companies investigated by the authorities & closed down • Complaints from consumers addressed & in some cases, refunds provided
  • 3. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change Key achievements 2014 • 1st joint RDO- TATOC seminar held March 2014 • Over 100 attendees • Positive feedback from delegates • Successful RDO5 conference took place in London • Press event held in Tenerife, highlighting benefits of timeshare in the Canary Islands
  • 4. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change Main Challenges • Some European countries still in recession, impacting on the industry • Products need to be adapted to target a younger demographic • Increasing numbers of claims companies targeting owners & the industry • Continued focus by media & legislators on long-term perpetuity contracts & the perceived lack of exit routes for legacy owners
  • 5. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change 2015 Priorities • Timeshare Directive review process to continue • CMA report recommending consideration of a legal right to exit to be reviewed by the UK government: • RDO will continue to focus on tightening up on its Code of Conduct in terms of surrenders • New RDO policies adopted to be promoted to legislators & the media, demonstrating our commitment to looking after owners
  • 6. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change 2015 Priorities • Continue developing the relationship with TATOC • Pursue the major fraudsters, resulting in prosecutions • Launch a sales accreditation scheme • Conduct a KPI analysis of our members • Ensure the industry’s properly represented at the German parliament (the Bundestag)
  • 7. Annual Conference 2015 TATOC Annual Conference 2015 – Time For Change 2015 Priorities • Hold a seminar in Tenerife to educate the hotel sector about the timeshare industry • Launch an integrated social, digital & media campaign to promote the positives of timeshare holidays and get not only the industry but also owners actively engaged in it