Exchange Companies & Associates
Another very attractive reason for owning timeshare is the opportunity to exchange your week for a week at any of more than 5,700 other timeshare resorts in over 101 countries worldwide. For this you must become a member of an exchange organisation. You may choose to return to your home resort year after year, trade it for any of the thousands of affiliated resorts throughout the world, or alternate back and forth between the two! It is this kind of owner flexibility that brought the timeshare industry from nothing more than a great idea 30 years ago to the multi-billion dollar industry it is today.
Can I exchange my Timeshare weeks for another place?
Most reputable Timeshares sold are exchangeable around the world through R.C.I., I.I., Dial an Exchange or exchange organisations.
What is an Exchange Company and how does it work?
There are several timeshare exchange companies. The most known are Resort Condominiums International (R.C.I.) and Interval International (I.I.). These exchange companies are affiliated with over 5,000 resorts across the globe. The concept is really quite simple. Timeshare exchanging means to trade your week at your resort with another timeshare owner's week at another resort. Between R.C.I. and I.I., over 3.4 million exchanges were processed last year alone. Joining is easy and affordable! Costs for joining I.I. is £75 for 1 year, £150 for 3 years and £281 for 5 years and for R.C.I. £139 for 2 years, £185 for 3 years, £235 for 4 years and £290 for 5 years. There is now another exchange company, Dial an Exchange, which although much smaller, offers an efficient and friendly service at much lower rates. Obviously the choice of resorts is more limited.
(http://www.rci.com)
RCI
is a subsidiary of Cendant Corporation and the world's leading global provider of products and services to the timeshare industry, with more than 3,700 affiliated resorts in 100 countries. RCI offers the world's largest timeshare exchange services through RCI Points, the first worldwide points-based exchange system, and RCI Weeks, RCI's traditional week-for-week exchange system. In 2004, more than 2.6 million exchanges were booked through RCI, sending an estimated 7.5 million people on vacation. RCI provides integrated timeshare solutions in addition to exchange including consulting, travel agency and technological support.
RCI membership is £139 for 2 years, £185 for 3 years, £235 for 4 years and £290 for 5 years.
Cost of exchanging is TBA
(http://www.cendant.com)
Cendant
is one of the foremost providers of travel, real estate, vehicle, and financial services in the world. Cendant's Real Estate Division is the leader in the world's largest industry, with affiliates responsible for more than one out of every four homes sold or purchased in the U.S. Cendant also runs one of the country's largest retail mortgage originators, the leading relocation services company, and franchises a leading commercial real estate brokerage system. Cendant's Travel Division is one of the largest providers of travel services around the world. Cendant's Vehicle Services Division is the leader in the vehicle management industry. In addition to providing fleet and fuel-card management services, Cendant also runs the largest non-municipally owned car park in the U.K. and the second largest general-use car rental company in the U.S. Cendant's Financial Services Division includes the second largest tax preparation company in the country. The Division also offers insurance and loyalty marketing programs to financial institutions that are looking to enhance the value added services they offer to their customers. Cendant's Travel Distribution Division has four principal components: reservations transactions systems provider WizCom, which handles reservations for more than 115 hotel and car rental chains in over 40 countries; Cendant's travel agency business; Galileo, Trip.com and the off-line operations of Cheap Tickets, Inc.
(http://www.intervalworld.com)
For nearly 30 years, Interval International has delivered the proven solutions and support that timeshare developers need to succeed, from the industry's highest quality resort network and exchange programme to world class, value added membership benefits, to powerful sales and marketing tools. They are the exchange company of choice for some of the world's leading hospitality brands such as Marriotts and many independent developers. Interval International vacation exchange network includes more than 2,000 resorts and more than 1.7 million member families worldwide. The company affiliated resorts are known in the timeshare industry for maintaining the highest standards. Interval provides its members - vacation owners from around the world - with comprehensive exchange services and a variety of other exciting benefits. Membership is limited to owners at Interval-affiliated resorts. And while the properties are not owned or managed by Interval International, they all must meet Interval's criteria for quality which gives the consumer an assurance of quality. Costs for joining II is £75 for 1 year, £150 for 3 years and £281 for 5 years.
Cost of exchanging is £95 within Europe and £105 worldwide.
(http://www.dialanexchange.com)
Dial An Exchange is an independent exchange company much smaller than RCI or II. By offering personal service and excellent value for money, Dial An Exchange has become a leader in the holiday home exchange business and their quality of service is good. Dial An Exchange started in Australia in 1995. The operation was extended to Europe in 1999, when a business was opened in the UK. The Australia/New Zealand business is owned and managed by Francis Taylor and Marc Chouniard. The European business is owned and managed by Philip A. Green. Customers are treated as individuals and offered a friendly, helpful, personal service. They are able to obtain holiday weeks for exchange in many other countries such as USA, Canada, Mexico, Caribbean, and South Africa through their well established network of trading partners. Dial An Exchange IS NOT part of the timeshare business. Dial An Exchange exists for the benefit of existing Timeshare owners so that they can benefit from the most flexible use of their ownership. The exchange fee is £69 and there is no charge for membership.
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