What is timeshare exchange?
One of the most exciting things about timesharing is the opportunity to exchange your interval for weeks at other resorts. There are two types of exchange options available to owners – internal exchange and external exchange. Internal exchange refers to the practice of trading your week for an interval of similar value within the same resort family or group. For instance, an owner of a Wyndham Bonnet Creek timeshare in Lake Buena Vista, Florida, might trade her interval for a week at Wyndham Pagosa in Pagosa Springs, Colorado. External exchange refers to the practice of “depositing” or “banking” your time share week with an exchange company so that you can then trade it for a week at a resort outside your resort family or group. For instance, that same owner might exchange her week at Wyndham Bonnet Creek for a week at Diamond Resorts Polo Towers Suites in Las Vegas using the services of an external exchange company. The three largest and most well-respected exchange companies are Reso