Holidaymakers claim timeshare compensation

Holidaymakers have brought the first High Court case against a timeshare exchange company, alleging they were victims of an operation that kept them in the dark and rented out their properties for the company’s profit, writes Jane Croft.

Four people are seeking compensation from RCI Europe, but a further 483 timeshare owners are part of the legal case and 9,000 members of a UK timeshare action group will be affected by the judgment.
Members claimed RCI’s exchange system, allowing timeshare owners to swap rights to use one property for one in another location was “opaque” and “frustrating”. RCI said it was entitled to use members’ timeshares as it saw fit because of a clause in its contract with members referred to as the “permitted use” clause. The case continues