The aim of this new directive is to create a simplified and coherent framework for the regulation of timeshare and long-term holiday products, as well as exchange and resale. The new directive extends the entire scope of the current rules:

In respect to:-

• Long-term holiday products (i.e. holiday clubs)
• Shorter-term contracts – all purchases for a period of one year or more including tacit renewal of shorter periods
• All forms of holiday accommodation (including boats and other movable property such as caravans or cruise ships) European Commission, Review of the Timeshare Directive (94/47/EC), June 2006
• Re-sale of timeshare or holiday club membership by consumers
• Exchange services (i.e. some timeshare owners pay an additional fee to join an exchange club, where they can swap their week in, say, the Canaries for a week in another location). See here UK version

Last modified: 3rd September 2020