The Fractional and Shared Ownership Trade Association (FSOTA) has become a member of the trade body for vacation ownership, Resort Development Organisation (RDO). Formerly known as OTE (Organisation for Timeshare in Europe) RDO changed its name and opened up its membership to reflect changes in the vacation ownership industry, which has moved well beyond traditional forms of timeshare to include offerings such as ‘floating weeks’, the points system, fractional ownership, private residence clubs, destination clubs and condo hotels.