Vacation Exchange and Rental Members Definition & Meaning | Hotel & Leisure Term | CSIMarket
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Glossary

Vacation Exchange and Rental Members

Hotel & Leisure Term

Vacation Exchange and Rental Members is a process that allows individuals or families to exchange their vacation homes with other owners. This unique concept has taken the vacation industry by storm and is now considered a popular trend among travelers all around the world.

In the hotel and leisure industry, Vacation Exchange and Rental Members play a very significant role. It helps to provide a diverse range of accommodations from which travelers can choose when planning their vacations. The industry benefits from this method as it increases bookings and maximizes profitability.

Moreover, Vacation Exchange and Rental Members can also help hotel owners address the issue of overbooking. In peak seasons when hotels are overbooked, there is a chance that guests may be turned away or offered less than ideal rooms. The Vacation Exchange and Rental Members concept can ease this concern by providing alternative options for guests.

In summary, Vacation Exchange and Rental Members is a unique concept that allows travelers to save money while experiencing different vacation destinations. It benefits the hotel and leisure industry by offering alternative accommodation options, increasing bookings, and maximizing profitability.


More Glossary Terms Beginning with V
  • Vacation Exchange and Rental Annual Rev. Per Member
    1
    Hotel & Leisure Term Letter: V
  • Vacation Exchange and Rental Members
    1
    Hotel & Leisure Term Letter: V
  • Vacation Exchange Timeshare
    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 vacatio
    Hotel & Leisure Term Letter: V
  • Vacation Ownership Tours
    Represents the number of tours taken by guests in Company efforts to sell vacation ownership interests.
    Hotel & Leisure Term Letter: V
  • Vacation Ownership Volume Per Guest
    Represents revenue per guest and is calculated by dividing the gross vacation ownership interest sales, by the number of tours.
    Hotel & Leisure Term Letter: V
  • Vacation Rental Transactions
    Represents the number of transactions that are generated in connection with customers booking their vacation rental stays.
    Hotel & Leisure Term Letter: V
  • Vaccine
    A suspension of living, attenuated or killed microorganisms or genetic material administered for the prevention or treatment of infectious or hereditary diseases.
    Health Care Term Letter: V
  • Value At Risk VaR
    A measure of the dollar amount of potential loss from adverse market moves in an ordinary market environment.
    Financial Term Letter: V
  • Variable Interest Entity
    Entity defined by ASC 810, Consolidation, and that must be consolidated by its primary beneficiary. A variable interest entity has one or both of the following characteristics: (1) its equity at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support from other parties, or (2) as a group, the equity investors lack one or more of the f
    Financial Term Letter: V
  • Vascular
    arteries, veins, vessels that carry or circulate blood.
    Health Care Term Letter: V
  • Vascular Access
    Vascular Access is the means of entering the vasculature percutaneously in order to place a variety of catheters. Vascular Access can be either venous or arterial in nature and can occur at various points of the body. The most typical vascular access points are femoral (groin), subclavian (upper chest), internal and external jugular (neck), brachial and radial (arm).
    Health Care Term Letter: V
  • Vasoactivity
    Affecting blood vessels especially in respect to the degree of their relaxation or contraction.
    Health Care Term Letter: V