Exchange Timeshare
Some people buy a timeshare so they can return to the same resort year after year. Others, however, like the long-run savings of timeshare, but want more variety in travel destinations, so they enjoy the flexibility they gain with exchange.
exchange timeshare
The concept of exchange is a simple one. When you buy a timeshare at a particular resort, that resort will almost always be affiliated with at least one timeshare exchange company, the most prevalent being Resort Condominiums International (RCI) and Interval International (II). Timeshare exchange programs give you the flexibility of buying a timeshare someplace like Vermont and exchanging that unit for a comparable unit in any other timeshare resort in the world affiliated with the exchange company.
Your resort may also have an internal exchange program. For instance, if you own a Hyatt Vacation Club timeshare, you can choose to exchange to another Hyatt resort instead of going into the RCI or II systems. Obviously, the bigger the network of timeshare resorts, the more exchange options you have.
Common sense should prevail here: if you buy an off-season timeshare week, you can generally exchange for off-season timeshare weeks in the same unit size. Trading up (and even DOWN, even if you request it) is usually difficult or impossible.
In pursuit of its mission to be the market maker in global travel and leisure, RCI offers the world’s leading timeshare exchange services through RCI Points, the first worldwide points-based exchange system, and RCI Weeks, RCI’s traditional week-for-week exchange system.
Last year, more than 2 million exchanges were confirmed through RCI, sending an estimated 7.5 million people on vacation. RCI provides integrated timeshare solutions in addition to exchange through RCI Market Links, including consulting, travel agency ,and technological support.
Vacation ownership offers unparalleled flexibility and the opportunity for affordable worldwide travel through timeshare exchange. Through the international timeshare exchange networks, owners can trade their timeshare interval for vacation time at comparable resorts around the world.
Most resorts are affiliated with an exchange company that administers the exchange service for its members. Typically, the Exchange Company will directly solicit annual membership. Owners individually elect to become members of the affiliated Exchange Company.
HTSE is dedicated to give each member personalized service and the best use of your timeshare week. We have Hawaii timeshare exchange availability, Hawaii condo rentals, travel services to Hawaii, Lawai Beach Resort timeshare resales and much more....We have knowledgable Vacation Counselors here to help you!
Please be aware that depositing (banking) and renting your week are two different options. If you want to use your week for future use on an exchange then depositing your week is the option. If you DO NOT want to use your week and have
Ready to purchase an additional week or sell your week? Contact Edward J. MacDowell our onsite timeshare resales broker at Lawai Beach Resort. Over 30 years of real estate experience on KauaiEmail - lawaivision@gmail.com Call 808-651-0660 or toll free 866-860-4873 ext 5
Rental prices will vary depending on resort location. Lawai Beach Resort has set rental prices. Our fee is 25% for any rental amount over $1000.00 or $250.00 under $1000.00. If your week doesn't get rented you have the option of using your week or depositing with an exchange company
Yes we can start a search for you! A lot of inventory doesn't make it to the site since we do have waitlist for particular areas. Getting on the waitlist early helps your chances of confirming your exchange.
Starting a search helps to get you on the waitlist. Many of our deposits you will not see online because we are confirming members on the waitlist. If you are charged the exchange fee to start a search and we do not find a week for you we will refund your exchange fee.
Please be aware if you would like to list your week in the rental pool DO NOT deposit the week. Once you deposit your week it will be used for exchange ONLY. If you have questions please ask one of our vacation counselors before making any deposits
For most timeshare owners, RCI is an exchange network to trade in their interval for another destination around the world, while, for others, RCI is a great pool of destinations that offers great discounted weeks and travel savings. RCI offers 3 pools of vacations: Exchange Vacations- trading deposited weeks for other destinations; Extra-vacations offering destinations of 60 days+ of arrival for a purchase price; and Last Call Vacations in which weeks within 45 days and less of arrival can be purchased between 395CAD and 450CAD depending on the size of accommodation.
If you are considering buying a timeshare to use basically for trading to other destinations around the world, we would recommend that you take into consideration the Trading Power of your timeshare week or perhaps consider buying into a substantial quantity of RCI Points.
Most resorts in the timeshare industry are affiliated with an exchange network to allow their owners the alternative of exchanging their week to another property instead of returning to the same place, same time year after year. What that means to timeshare owners is by depositing their week in the pool of that particular exchange network, they may in return request another destination, at another time of the year, in another size of accommodation than what they own. Chances are your home resort may very well be affiliated with RCI and therefore, it is important for you to understand the mechanics of timeshare exchanges in the RCI weeks system and how RCI assigns trading power to specific ownership.
Traditionally, RCI used to grant exchanges based on your ownership to obtain similar in exchange. Factors such as the Resort Classification where you own - Gold Crown, Silver, International Distinction and so on - the calendar week and travel season such as RED, WHITE and BLUE seasons - blue being the low and RED the high season - the size of your accommodation from studio to 1, 2 or 3 bedrooms - were all taken into consideration in your exchange. Therefore, for a vacation owners who wanted to trade a 'blue studio' for ex., in a high season for a 2 bedrooms, it was barely impossible until agents started assigning availability to the first come first served basis. Pressured by complaints to come up with a more transparent system to assign weeks fairly according to what members owned, RCI established around 2008 a trading value to members' weeks. Based on a point-based scale, deposited weeks were from then on assigned a value between 3 to 60 points when deposited for exchanges.
At the time of deposit, RCI assigns a value to your vacation time, called Deposit Trading Power. This Trading Power will determine what Exchange vacation options will be available to you when searching for a destination. Depositing in RCI is free and weeks members can deposit as early as 2 years to 9 months prior to the check-in date for them to obtain the full Deposit Trading Power for exchanges.
To determine the trading value of your interval, RCI will still take into consideration the level of your resort's classification, the size of your accommodation as well as the travel season of your week. For exemple, a week in Florida in a 2-bedroom condo may have a value between 22 and 32. What will assign the highest value of your deposit however will also depend on the time of deposit. To encourage members to deposit as early as possible, the Time of Deposit is now an important factor to obtain the highest Trading Value for your timeshare week - the sooner you deposit your timeshare in RCI, the greater your exchange value. The earliest to deposit a week is between 2 years to a minimum of 9 months prior check-in date. This will give you the maximum Deposit Trading Power available to you. Anytime after that, the value will be diminished down to a minimum of 45% of the interval value if your week were deposited 14 days and less from the check-in date.
The Deposit Trading Power has definitely made the weeks exchange more transparent, more flexible and certainly simpler to manage for timeshare owners. Therefore, if your week value equals somewhere around 15 to 20 - depending on the time you deposited your week - you would benefit from accessing an exchange that would only require 10 points... therefore, leaving you with an excess of points in your account for further exchanges. Should you be short of trading value to access the desired destination and accommodation, it may be possible for you to combine, for a fee, 2 weeks to increase the trading value in your account and access the desired destination.
When you deposit your week, RCI assigns a trading power value, known as Deposit Trading Power. Deposit Trading Power is assigned by a variety of criteria, including demand, supply, season, unit type, and type of deposit and time of deposit. Upon deposit, you will then be able to exchange into any week with an equal or lesser Exchange Trading Power value.
During the exchange process, your Deposit Trading Power is compared against the trading power of all available exchanges, referred to as Exchange Trading Power, to determine which Exchange Vacations are available to you. Exchange Trading Power is the value assigned to all resort inventory available for exchange in the RCI system. Unlike Deposit Trading Power, which is locked-in, Exchange Trading Power is always changing based on supply and demand.
The sizes of accommodation in timeshare resorts vary from studios (basically a hotel suite with mini-kitchen facilities, for 2 to 4 people) to up to 1, 2 or 3 bedroom condos with full kitchen facilities, accommodating up to 10-12 people. The same trading value applies here too, except that it is translated in an RCI Points-Based ownership. If you previously owned a fixed week in a 2-bedroom in a home resort that has recently converted their weeks into RCI Points, the RCI points you may be allowed to convert your week into may vary anywhere from 45,000 to 95,000 RCI Points. The biggest advantage of the RCI Points System is that it no longer discriminates against what members own and is fully translated into an allotment of points deposited in the members' account on a yearly or biennial basis. The RCI Points system has greatly simplified the exchanges and members can now book upon availability based on a first-come, first-served basis. 041b061a72