How The Ownership Agreement Works

Becoming a shared owner also enables both Reserved Weeks and Freedom Weeks to be exchanged for the same entitlement at over 2’000 resorts available within our Exchange Programme. Once more, the facility also permits exchanged weeks to be banked for up to 3 years.*

  • The exchange process commences with the owner claiming their Reserved Weeks or Freedom Weeks with David Lloyd Resorts.
  • Once confirmed within David Lloyd Resorts, the weeks to transfer are taken out of the Resort inventory and deposited into the Exchange programme inventory.
  • Owners can then search the Exchange inventory for a new destination and departure date
  • If, after making a deposit into the Exchange inventory, the owner is unable to make a new reservation immediately, they can then exercise their right to hold their entitlement open for up to 3 years (*this maximum would be achieved by confirming departure with David Lloyd Resorts 12 months from date of departure and then instructing our Exchange Partner to hold their allocation open for 2 years).
One or both shared weeks can be exchanged as desired.