Many of the owners are trying to get out of their timeshares nowadays because they are tied to the same destination that they’re going to visit every year. However, there are innovations done by a number of companies to answer this problem such as the vacation exchange. This works if the owner of a timeshare unit is in good financial standing with a certain member resort of a vacation exchange company. Then, it allows the owner to deposit their timeshare week(s), and exchange their week(s) with the company’s available inventory. With this option, a timeshare owner has a variety of locations to choose from.
However, when about vacation exchange networks, II or Interval International is one of the big names in this industry. It is a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc. and recently, it had announced the renewal of its master affiliation agreement with Marriott Vacation Club International which is the timeshare division of Marriott International, Inc. The multi-year agreement extends the relationship which was first established in 1990 between two leaders in the shared ownership industry.
With the said agreement, Interval will continue to provide Marriott Vacation Club owners with both internal and external vacation exchange services, as well as an array of other leisure programs and benefits that reinforce the value proposition of their purchase. These also include offering the option of trading their accommodations for a resort within the Marriott portfolio or from among the 2,500-plus resorts in Interval's worldwide network. In turn, other Interval members are able to exchange into Marriott Vacation Club's beach, ski, golf, spa, and themed-entertainment resorts in internationally recognized vacation destinations.
The idea of going to the same vacation destination every year made some of the owners want to get rid of their timeshares. Some of them even hire a timeshare transfer company such as the Transfer Smart. But through the vacation exchange networks such as the Interval International, the owners have an option to hold their vacations on other locations and with the affiliations of these companies to the timeshare operators, consumers demands’ are made effective and efficient.