Bournemouth, UK (August 14, 2012) — Recent findings of European timeshare watchdogs RDO suggest changing holiday habits and a lack a viable exit routes are two key issues marring otherwise high levels of satisfaction amongst existing timeshare owners.
Having identified the growing need for greater flexibility and a viable exit route, Worldwide Timeshare Hypermarket (WWTH) today launched eXpectations, a unique product that promises to help address these issues for many timeshare owners.
eXpectations is a timeshare points club run in conjunction with the world’s largest timeshare exchange organisation, RCI. The club allows owners of a traditional timeshare week to convert this into a yearly allocation of eXpectations points. These can then be used like a currency and with far greater flexibility to book holidays through RCI.
Phil Watson, CEO of WWTH provided an example of how eXpectations can provide a solution for owners whose holiday habits have changed.
“Many owners will have first purchased timeshare when they had young children who have since flown the nest. eXpectations can greatly benefit these owners since a two bedroom timeshare in peak season will very often convert into enough eXpectations points to give a couple two, three or even four weeks of holiday in a one bedroom apartment outside of the school holidays. This can help reintroduce some of the annual savings the same owners will hopefully have experienced when they were tied down to holidaying in the peak season.”
eXpectations also provides an option for owners considering how to exit timeshare. Having converted an existing timeshare into points, members can make use of their points over three years and then, if they so wish, give six months’ notice and simply walk away without any further obligation to either eXpectations or their original resort.
Commenting on the move, Harry Taylor, executive chairman of the Timeshare Association said, “eXpectations is a great product tackling two of the biggest issues facing the industry today.”
The concept of timeshare points is not new with many internationally well-known organisations offering points-based timeshare. However, what makes eXpectations so unique is how the club has been formed.
WWTH have leveraged their position as Europe’s largest timeshare resale company and acquired hundreds of timeshare weeks from the resale market. Using this approach WWTH have considerably reduced their initial setup costs and built a balanced portfolio of well-run timeshares.
This strategy means that not only are eXpectations points some of the most competitively priced products on the market, but also that the annual management fees paid by eXpectations club owners will be some of the lowest in the industry.
For more information please visit http://www.expectationsholidays.co.uk or call 0871 521 1595
About Worldwide Timeshare Hypermarket
A UK company founded in 1995, Worldwide Timeshare Hypermarket are Europe’s largest timeshare resale company. Happy to be in the public eye the company advertise regularly on TV and are sponsors of the UK Travel Channel. As members of both the RDO and TATOC, WWTH have built a solid reputation as a reliable and trusted organisation in a confusing marketplace.
SOURCE: Worldwide Timeshare Hypermarket