For those owners who want to get out of their timeshare contracts, timeshare exchange might be a good alternative instead of simply getting rid of it. Many owners look for varieties when it comes to their vacation units. Today, both RCI and Interval International have 80% of timeshare owners worldwide deposited their weeks to exchange each year and 20% use their weeks in their home resorts.
The question is how does the timeshare owner quickly determine the likelihood of getting the exchange he wants? You can count on high owner occupancy in high priced and top of the line timeshares, especially in the peak seasons, and any timeshare that’s part of a club like Hyatt, Hilton, Westin, Disney, Welk, Diamond, VRI, Wyndham/World Mark and Marriott now that they have launched their points program.
With very a high owner occupancy level or OOL, that owner is less likely to want to exchange to another resort because of what they paid at least for the first 4-5 years or so. But after 5 years they may be more likely to try out the exchange system opening up more availability for the rest of us.
Meanwhile, timeshare clubs are even harder to exchange to. The reason behind this is that the members don’t have to use RCI or II to transfer to other resorts within the club. So far less inventory makes it into the exchange companies’ pools.
On the other hand, to determine how much availability there is in a resort during any time of the year, all you have to do is ask. You can ask the RCI or II this question but depending on which exchange councilor you’re talking with, they might not give you the answer. If this happens, you can try again later or simply call the vacation resort itself and find out.