Geoff Ballotti, CEO for Group RCI, said Australia's timeshare development industry would continue to grow because of the high demand from the States.
"Australia is actually the most demanded place. Out of our 4400 resorts, people want to come to Australia more than anywhere else," said Mr Ballotti.
"The biggest market for timeshare is America and the least visited vacation destination for Americans is Australia.
"Australia is important to us for that simple reason. Because there is such a demand for Australia we are optimistic the big brands will want to develop here."
He also said that the Gold Coast, the heart of the nation's timeshare industry, was vital to the growth of the product in Australia.
He said Americans had smothered the industry, while Australians still did not realise its full value.
Mr Balloti is attending the Australian timeshare conference being held on the Gold Coast this week.
Source: Goldcoast.com.au
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