Shared Leisure Services
TM Holiday Asia
We specialize in Shared Leisure services and have legal contacts in different countries worldwide.
At TM Holiday Asia Co Limited we offer a bespoke, flexible and transparent approach, adapting services to the needs of each individual family. We are able to assist the customers at every stage of their ownership, ensuring that the end product is workable and can be differentiated from other products out there in the market place.
Product Structures
We have a selection of shared leisure legal structures and models available. We have specialist knowledge in the following areas:
- Floating weeks
This is the traditional timeshare product where the Member or Owner purchases a “right to use” for a specific length of time. At the end of the project, the property either returns to the developer, or it can be sold and distributed amongst the members or owners. Each member or owner pays an annual management fee, which is usually linked to inflation.
- Vacation Clubs
With this type of product, the Purchaser (Member) buys “points” or “weeks”. The “Points” can be used as a currency to book different sized units at different times of the year. A Vacation Club product is particularly suited to small resorts, although it can work well if linked to an exchange company points/weeks programme.
- Mixed use
This type of product is where a Resort Developer combines traditional Freehold (whole or fractional ownership) with a timeshare product, be that weeks or points.
- Multi-Destination Club
This type of product is usually based on the Vacation Club system but rather than being a single resort the Developer has additional resorts or inventory in other destinations so offering a wider choice of vacation opportunities to his purchasers. This type of product is particularly well suited to a hotel chain or large independent resort developer.
- Fractional projects
Within this type of project, you will find a range of different product types, but essentially the purchaser will be a “set of weeks” which can range from 3 to 12 weeks. The Fractional product usually has a higher price point than timeshare and is in general a higher end product.
“Our flexible approach to our clients’ needs allows us to provide an enhanced service to the shared leisure professionals we work with.
We know that every client has individual requirements and we look at their products on a case by case basis before making our recommendations and creating a menu of services that suits the unique nature of their vacation.
Exchange Companies
There are three main vacation exchange organizations that offer shared leisure owners the possibility to exchange their home resort weeks or points:
Interval International
RCI
DialanExchange