A question that has been asked is what is a Holiday Pack and is it subject to timeshare laws? There is no simple answer to this, it appears that these are not subject to the regulations set down for timeshare and discount holiday clubs. It would seem that this depends on which company you are dealing with.
Many timeshare companies have used packs as a last resort, usually when the client does not want to purchase a timeshare or cannot afford it at that time. These were known as exit packs, many sales staff called them the try before you buy option.
Basically the pack consists of around 5 weeks of holidays which must be used in 36 months. Usually the first two weeks are taken at the resort of purchase, it gives the purchaser a taste of the standards in timeshare resorts. The other weeks can be taken from the inventory available.
The charge for these holiday packs are around the £4000 mark, but again this varies from company to company. This is paid for either on the day, or a deposit is taken and the balance paid on the customer’s return home. As we know, for timeshare or holiday clubs a deposit within the 14 day cooling off period is illegal, so how do these companies get away with it?
Most of the ones I have come across have the duration below 36 months usually 35, this it would seem circumvents the timeshare laws. Also these are holidays paid for in advance and can be booked at anytime within the period specified. So in effect, the company can claim they are acting as a travel agent thereby they do not come within the scope of the timeshare directives.
It must also be noted that in many instances these holidays come with the provision of attending a sales presentation. In other words the opportunity to sell you another product.
As far as cost is concerned, you must also take into account that the price is for accommodation only, you still have to add the cost of flights and then what it will cost in meals and drinks. So they may not actually be cost effective for everyone. Granted, most timeshare resorts are of a higher standard than many offered by high street travel agents. But today with the internet, you may find the same resorts offered by online booking companies at a cheaper price, some tour operators such as Thomson/Tui also have deals with many of these resorts.
So it pays to do your homework, unfortunately this may not be possible while on holiday. Many of these offers of holiday packs follow the old timeshare system of only available on the day. The only advice is if you don´t feel right don’t buy.
If you have purchased one of these holiday packs Inside Timeshare would like to share your experiences with other readers, whether it be good or bad. In This way others will get the information they need to make decisions to buy or not to buy.