Royals Club International eyes to be among the top three players in timeshare space
Coinciding with the 75th anniversary celebration of India’s independence, Royals Club International, one of India’s fastest growing vacation ownership companies in the country, is celebrating the completion of five very successful years of offering exciting domestic and exotic vacations. Royals Club International, established in 2017, has emerged as a key go to company for the Indian holiday makers in the timeshare or vacation ownership space and is now eyeing to be one of the top three vacation ownership companies in India within the next few years. Today, the company boasts of one of the biggest choices of holidays, destinations, experiences, and above all, ease and comfort of travel.
Commenting on the journey of the past five years, Arvind Singh, CMD, Royals Club International, said, “This is a momentous occasion for us. We celebrate the completion of five eventful years of journey in the timeshare vacation ownership space along with the celebration of the yearlong Azadi ka Amrit Mahotsav for the country. Membership growth and our financial performance have been impressive and the long-term forecast also remain strong. Despite the far-reaching impacts that Covid-19 have had on businesses, Royals Club International has witnessed strong revenue performance even in the fiscal year 2021-22. In revenue terms, we recorded almost 12-fold growth in the first three years of operation, before the Covid-19 pandemic struck. However, as Covid has waned and market opened we have seen great response for the Royals Club’s timeshare products.”
The robust growth and business performance was made possible despite the strong headwinds because of the pandemic, public fear to travel, loss of savings and jobs and lately the inflation. “We are in for long haul and seriously committed to travel and tourism. The financial result is testimony of the public trust and goodwill that Royals Club has assiduously built over the last five years. We would like to profusely thank our members across the country and promise to bring greater transparency and value to their holidays and vacation experiences,” Singh said.
Outlining company’s growth plan, he said,“We have started our journey only five years ago. We have long term plan and vision ahead of us. And with the highly professional and dedicated team that we have, we are confident that Royals Club International will be one of top three players in the timeshare – vacation ownership space within the next five to six years. There is huge untapped opportunity in the timeshare segment for serious players with long term vision and strategic business clarity,” said Singh while outlining company’s growth plan over the next few years.