Jukaso Group has announced its latest venture into Vacation Ownership business.
With a vision to become a dominant player in the domestic market by 2017, the group is working on acquiring properties in destinations like London, Dubai, Goa, Mussoorie, Nainital and South India.
Speaking about the new business, Rajiv Khanna, chairman of Jukaso Group said, “There are currently only 3 lakh time share members in India whereas the potential base is over 100 million. With quite an extensive base of rooms to start with, we feel we have an edge in the market. We are also the only ones to offer properties in Europe to begin with for time share.”
Citing similar opinion, Rominder Khanna, chief operating officer of Jukaso Resorts Pvt Ltd said, “At Jukaso, we aim to deliver the best experiences to our guests. Not only will we provide value for money but also will add innovative and exciting features which have never been experiences in the concept of vacation ownership,” Rominder Khanna, Chief Operating Officer at Jukas Resorts Pvt Ltd.
The group will launch the product among Indian consumers in the third quarter of financial year 2013-14. The core team has started working on the product design, recruitment and setting up the processes.
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