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Owners Timeshare News

We’ve Joined ARDA. Here’s Why It Matters To You.

Mike Kennedy, our Cofounder and CEO, on KOALA’s new partnership with ARDA and why it matters to you, our owner community.

Mike Kennedy - Feb 25, 2021

Before co-founding KOALA, my job at The Hilton Club was to work with owners to help them get the most out of their timeshares. The majority of my clients were very happy with the benefits that ownership brought. But for those who weren’t using their timeshare, the options became more complicated. I learned how challenging it can be for owners to earn rental income and make better use of their unused time. My cofounder James and I felt compelled to create a reliable solution.

Enter KOALA. We use technology to help our customers by enabling them to confidently rent to anyone and making the entire experience as simple as possible. Running our business ethically — and with transparency, diligence, and care for our community of timeshare owners — is a fundamental part of our culture.

That’s why membership in the American Resort Development Association (ARDA) is important. By partnering with ARDA, we’ll be able to provide the best possible tools for timeshare owners — wherever you’re located and whatever stage you’re at in your ownership journey.

ARDA is recognized as “the official body of accountability and information for the timeshare industry.” ARDA’s member roster is made up of the most trusted developers in the industry, reliable timeshare resale companies, and now, KOALA!

What ARDA Membership Means for You:

We’re proud to be one of the few start-ups in the association. Membership in ARDA bestows a measure of legitimacy and trust within the industry that will help us grow — and help you grow with us. Endorsement by our peers in the timeshare business will help us forge partnerships and collaborations, boost word of mouth, and ultimately bring more eyeballs to the site — which means more bookings and more opportunities for you to benefit from your timeshare ownership. 

In addition, ARDA’s objective to bring transparency and strong consumer protections to the timeshare industry makes common cause with KOALA’s own mission. 

ARDA has been an advocate for some of the most notable consumer reforms in the timeshare industry. Over its decades-long history, ARDA has pushed for improvements that are now considered industry-wide best practices — such as rescission (”cooling off”) periods and escrow for purchaser funds. 

ARDA has also introduced The Responsible Exit Coalition, which brings together virtually every trusted developer in the industry to establish better support systems for owners. The Coalition’s website provides resources and tools to inform you of your developer’s exit policies, help you make informed decisions on exiting your timeshare, and avoiding scams and mistakes in the process. It is a tremendous resource for the entire industry, and KOALA applauds the efforts that ARDA has put into it.

KOALA and ARDA’s shared commitment to ethics and transparency makes our partnership a natural fit. By making it easy and secure to rent your timeshare, KOALA puts you in the driver’s seat. Meanwhile, ARDA advocates for industry changes that will improve transparency in the space — from the sales process to the exit market.

Membership in ARDA bestows a measure of legitimacy and trust within the industry that will help us grow — and help you grow with us.

If, like most owners, you enjoy having a timeshare but are looking for more options for those times when you can’t use it, KOALA provides tools for renting your timeshare. That can help defray some of your maintenance fees and other costs. Here’s what we do:

  • Help you create a listing
  • Recommend an optimal price — that sweet spot between making your pricing competitive and covering your costs
  • Market your listing to travelers around the world
  • Protect you with Host insurance of $1 million, at no charge to you 
  • Secure all payments through an accredited payment system
  • Provide customer support along the way 
  • And NEVER charge you upfront fees for the above. Ever. 

Whether you choose to use or rent your timeshare, joining our community of like-minded owners will provide you with valuable, unbiased insights about the industry and options as a timeshare owner. We’re thrilled and honored to have you on this journey with us.

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timeshare owners and vacationers.

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