Timeshare in South Africa: Evolution, Failure and Reform Available to Purchase

Presents an overview of the timeshare industry in South Africa. Gives special attention to the reasons why the industry continues to grow, despite major failures. Emphasis is placed on the creation of the property trust in which the timeshare properties are registered with the timeshare investors as beneficiaries. Concludes that the growth of the timeshare market in South Africa is attributed to the corrective measures and bona fide intentions of the current operators.