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Timeshare or Vacation Exchange

Hotel & Leisure

provides to owners of intervals flexibility with respect to vacations through vacation exchanges. To participate in a vacation exchange, an owner generally contributes intervals to an exchange company’s network and then indicates the particular resort or geographic area to which the owner would like to travel, the size of the unit desired and the period during which the owner would like to vacation.

The exchange company then rates the owner’s contributed intervals based upon a number of factors, including the location and size of the unit or units, the quality of the resort or resorts and the time period or periods during which the intervals entitle the owner to vacation. The exchange company then generally offers the owner a vacation with a comparable rating to the vacation that the owner contributed.

Exchange companies generally derive revenues from owners of intervals by charging exchange fees for exchanges and through annual membership dues.


Hotels & Leisure Industry

   
     

Timeshare or Vacation Exchange

Hotel & Leisure

provides to owners of intervals flexibility with respect to vacations through vacation exchanges. To participate in a vacation exchange, an owner generally contributes intervals to an exchange company’s network and then indicates the particular resort or geographic area to which the owner would like to travel, the size of the unit desired and the period during which the owner would like to vacation.

The exchange company then rates the owner’s contributed intervals based upon a number of factors, including the location and size of the unit or units, the quality of the resort or resorts and the time period or periods during which the intervals entitle the owner to vacation. The exchange company then generally offers the owner a vacation with a comparable rating to the vacation that the owner contributed.

Exchange companies generally derive revenues from owners of intervals by charging exchange fees for exchanges and through annual membership dues.


Hotels & Leisure Industry

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