The units typically consist of two bedrooms and two baths, or three bedrooms and three baths. Bi-annual Ownership, or Alternate Year Ownership , allows use of a resort ownership product every other year and cost less than annual ownership at comparable resorts. Seeing the World through Exchange Vacations Vacation Ownership offers unparalleled flexibility and the opportunity for affordable worldwide travel through vacation ownership exchange. Through the international vacation exchange networks, owners can trade their timeshare interval for vacation time at comparable resorts around the world. I. Typically, the exchange company will directly solicit annual membership.
Owners individually elect to become members of the affiliated exchange company.
To exchange, the owner places his or her interval into the exchange company s pool of resorts and weeks available for exchange and, in turn, chooses an available resort and week from that pool. The exchange companies charge an exchange fee, in addition to an annual membership fee, to complete an exchange. Exchange companies and resorts frequently offer their members the additional benefit of saving or banking vacation time in a reserve program for use in a different year. A vacation ownership purchase is a significant commitment, not only financially, but also in terms of future vacations. You should be sure that the resort or club in which you purchase an interest will provide many pleasant vacations for years to come and can evolve with your lifestyle.