The New Vacation Revolution

Once you buy a timeshare interval, you may want to exchange it to vacation at another resort.

A fundamental concept behind many large timeshare exchange companies is that they strive to provide a “like for like” resort exchange. This rule is set to prevent members from feeling as if they have been swindled.

As an example, consider the owner of a Manhattan New Year’s week 3 bedroom interval. Since New York City is a popular vacation destination, the demand for their interval is quite high. This timeshare owner would be disappointed if the only available exchange was a studio in Idaho in low season.

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If you own a timeshare week and want to trade it, then you will likely need to use a timeshare exchange agency’s interval swapping system. This article will provide an introduction into how that works.

In simplest terms, spacebanking your timeshare week is the first and most important step required to exchange your timeshare week for the opportunity to stay at another fantastic resort. When you “spacebank” your week, you give up your right to use your particular timeshare week to an exchange company.

The exchange company, in turn, allows you to trade your week for the opportunity to stay at other resorts, take a cruise, etc. Upon spacebanking your week, the exchange company may allow other timeshare owners to exchange their week for your resort, or they may rent it out through a travel agent or as a vacation escape.

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