Consumers: EU steps up protection for holiday makers
The 1994 EU Timeshare Directive gives consumers basic rights to clear information, a ban on deposits and the right to withdraw and change their minds. Today the Commission adopted a proposal to tackle loopholes in the current legislation . Most importantly it will extend the scope to cover new products which have emerged on the market – like discount holiday clubs, and "timeshare-like" holidays on cruise boats, canal boats and caravans - and also extend the protection to important services like timeshare resale and exchange clubs. The new rules should ensure that consumers are equally well protected across the EU and will create a level playing field for traders.
For further information on the Timeshare Directive proposal, please visit: