National Timeshare Owners Association Widens Reach Into Canada

Association Joins CRDA and Partners With Finance Company Team To Help Canadian Residents With Timeshare Financing Needs. End Quote

Orlando, FL (1888PressRelease) February 05, 2014 - Today the NTOA has joined the Canadian Resort Development Association as part of its mission to connect the timeshare community with the industry and to work to provide a better understanding of timesharing as well as to protect and preserve owner rights.

"We are very excited to join CRDA and to collaborate in their owner education programming and look forward to participating in the association's outreach programs The NTOA has a growing number of Canadian timeshare owners and our relationship with CRDA will help us to better support these members", said Greg Crist, CEO of the NTOA.

Jon Zwickel, CRDA President & CEO was enthusiastic about NTOA's entry into the burgeoning Canadian market, saying "NTOA is an advocate for timeshare owners and CRDA is an advocate for the Canadian shared ownership industry. Aligning our interests makes imminent sense, so I am pleased to welcome NTOA as a CRDA member."

The association also today announced that they have welcomed the Canadian financial service provider, Crelogix, to their growing list of Trusted Affiliates. This partnership will enable Canadian residents to locally finance their USA timeshare purchases through the reliable services of Crelogix.

"We recognize that many Canadian residents own and purchase timeshare in the United States," said Lisa Ann Schreier, the NTOA's Executive Director. "The secondary market has become very attractive to timeshare owners as published in a recent AIF study. With this marketplace stabilizing, the need for specialized financing is being addressed for timeshare resales. We think this is right in step with affordable vacation ownership acquisition and Crelogix offers great programs and financial services for our Canadian members."

Crelogix Vice President, Nick Carter added, "We support the good work that the NTOA is doing on behalf of Canadian and US timeshare owners. We see the need to provide timeshare owners with advocacy and good information, both of which will promote and encourage timeshare usage."

About CRDA:
CRDA is an industry association that is dedicated to furthering the ownership-based vacation and resort development industry, both in Canada and abroad. Since its founding in 1980, CRDA has become the preeminent industry association representing all forms of Vacation Ownership in Canada. The Association is governed by an elected Board of Directors. CRDA regularly hosts conferences that encourage B-2-B opportunities, networking and education.

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