Definitions
IVHE Prime Time
IVHE Prime Time are Pre-Booked Peak Availability Slots for IVHE members.
Pre-Booked
IVHE Prime Time must be booked at least 12 weeks in advance of the Prime Time starting date.
Peak Availability
Prime Time must be in either high season for the geographical location of that property or premium holiday periods.
Premium Holiday Periods
Premium holiday periods are Christmas, New Year, Easter and periods with major special events or festivals particular to a country or region that attract high levels of tourism.
High Season
High season depends on geographical location, for example high season in the Mediterranean is July and August whilst in the Caribbean and most ski locations, it would be Jan, Feb and March.
Prime Time Credits
Once a request for IVHE Prime Time has has been approved, members earn credits equal to the credit value for the booked period.
Prime Time Credits may be used without the requirement for a trade to be agreed for the Prime Time Period.
If a trade is not agreed for the IVHE Prime Time Period, members still retain the Prime Time Credits.
Members Obligations
Once IVHE Prime Time has been approved, the property must be kept available for an IVHE member for that period and treated as if the trade has been agreed.
Changes to IVHE Prime Time Periods
Changes to the Prime Time dates are possible up to the time a trade has been agreed for the period.
If a trade has not been agreed for the Prime Time Period two weeks before it starts, members are free to take on a last minute rental or use the property themselves and still retain the Prime Time Credits.
Members may decide whether to treat trade requests received for periods close to Prime Time weeks as a use of the Prime Time or not. If, for example, the first week in July has been booked as IVHE Prime Time and a trade request is received for the last week in July, it is up to the member to accept the trade as a new one or to change the Prime Time week to the last week in July.
Number and length of Prime Time Periods permitted
IVHE Prime Time is booked for a minimum period of one week and a maximum period of two weeks for a property. If two weeks are booked, they do not need to be consecutive.
Where two weeks of IVHE Prime Time have been booked for a property and trades are agreed for both weeks, one further week of IVHE Prime Time may be booked.
Members with more than one property listed on the IVHE website may book IVHE Prime Time for a maximum of two properties.
Members with multi unit properties where some or all units are of the same type, typically commercial properties like Hotels, B&B's and resorts, can book IVHE prime Time for a maximum of two units per property.
Other Conditions
Members must have provided at least 2 photos of the property for display on the IVHE website.
Cancellation of IVHE Prime Time Periods
IVHE Prime Time Periods may be cancelled as long as a trade has not been agreed for that period and the member has sufficient credits left on their credit account, such that the cancellation does not create an overdrawn position.
On cancellation of a Prime Time Period, Prime Time credits will be cancelled.
IVHE's Rights
The approval of requests for IVHE Prime Time and any changes made to Prime Time Periods is at the sole discretion of IVHE.
Anyone found breaking these terms and conditions could lose their credits and membership.