Why does ARDA have a Code of Ethics?
ARDA and its members are committed to the highest standards and ethical behavior in vacation resort development. To demonstrate that commitment, all ARDA members as a condition of membership must agree to comply with the ARDA Code of Ethics. The Code consists of not only general conduct requirements, but specific requirements for members to adhere to regarding the projection of the interests of consumers, regarding the standards for disclosure of information to the public, rules regarding resort management, base guidelines for resale activities, as well as administrative procedures for interpretation and enforcement of the Code. The Code even provides for a comprehensive listing of “best practices” for industry members to follow, giving additional guidance to companies doing business in the timeshare and vacation ownership arena. All activities subject to the Code shall be designed to be honest and fair, and to be conducted with integrity, dignity and propriety.