One-Year Holiday Club Contracts

 

One-year holiday club contracts have emerged as a growing product since the since the implementation of the EU Timeshare Directive (2008/122/EC) in 2011. With high front-loaded costs, these contracts are renewable on an annual basis (effectively making them a longer product) and therefore may fall outside the revised EU Timeshare Directive.

Clients who fall into these contracts or renew, may lose rights in the protection provided despite the payment of high initial cost.