United Kingdom
United States
Asia Pacific
Timeshare loopholes ‘to be closed’
A new timeshare bill updating original law passed in 1994 has been voted for by the European Parliament.
Crucially, the directive includes a total ban on deposits or advance payments.
Consumers will also have a standard 14-day cooling off period to be able to withdraw from the contract without incurring costs.
It will also mean that consumers have to receive comprehensive information about what they are buying so that this is received and understood prior to any signature.
The Timeshare Association, which represents more than 70 European resorts, welcomed the new bill, saying many loopholes that existed before have now been closed.
CEO Harry Taylor said: “We as an organisation support and encourage any action which will assist the consumer in receiving the correct and valid information they need in order to make an informed decision as to buying timeshare and also prevent the fraudulent practices which have so damaged the industry.
“The previous bill was not flexible enough to cover such products as canal boats and as usual there were companies that were able to circumvent the law. For instance the introduction of holiday clubs.
“Also there was the confusing aspect of there being different rulings in different countries.
“This new European legislation will remove any confusion and protect consumers whether they are buying in Spain or Greece.â€
by Phil Davies
Phil Davies
Exploring Brooklands Museum with Alex Patterson
Global Tourism Challenges and Upcoming Events: A Conversation with Don Welsh
Peebles Barbeque: A Legacy of Flavor and Tradition
Exploring Bok Tower Gardens with Erica Smith
Rue’s Living Water Boat Cruises: Exploring Winter Haven’s Chain of Lakes
Durango and Silverton Railroad: A Timeless Journey Through History and Scenic Beauty
Walt Leger on New Orleans’ Resilience and Major Events Ahead
Cindy Mackin Shares Estes Park’s Winter Thrills
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
Royal Caribbean issues Legionnaires’ disease warning
Qatar Airways adding Manchester flights
Jet2 unveils Samos as new Greek destination for summer 2026
EU entry-exit system delayed again
ATC strike in Greece could disrupt flights this week