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M E M B E R S H I P P R I V I L E G E SPreferred Residences offers unique person-to-person service for exchange reservations and assistance with all lifestyle and leisuremembership benefits. Through our Member-Services Centers <strong>in</strong> Miami and <strong>in</strong> London, advisors are able to accommodate the needs of ouraffluent members on a worldwide basis.Global Exchange OpportunitiesThe opportunity to exchange enhances the appeal of sharedownership. Preferred Residences members can use their exchangeprivilege to visit extraord<strong>in</strong>ary properties <strong>in</strong> the world’s mostdesirable dest<strong>in</strong>ations.• Owners of vacation time at a Preferred Residences resort candeposit accommodations for future use or await exchangeconfirmation before rel<strong>in</strong>quish<strong>in</strong>g their accommodations.• Weekly accommodations at Preferred Residences resorts areconverted to po<strong>in</strong>ts values based on unit configuration, theseason of the time rel<strong>in</strong>quished, and the deposit lead time.• Po<strong>in</strong>ts allocated to weekly accommodations are available fortravel from one year prior to two years after the <strong>check</strong>-<strong>in</strong> date.This provides a three-year travel w<strong>in</strong>dow.• The po<strong>in</strong>ts-based exchange program offers the flexibility tomake the best use of members’ vacation time.• Personalized concierge-style service — <strong>in</strong>clud<strong>in</strong>g a courtesycall prior to f<strong>in</strong>aliz<strong>in</strong>g exchange accommodations — ensuresacceptability.Preferred Concierge ServicesSophisticated travelers have come to expect service that is efficient,reliable, and skillfully delivered. Preferred Concierge services areavailable 24 hours a day via phone and email to assist with:• Restaurant recommendations and reservations• Helpful tourist and city details• Theater, movie, and sport<strong>in</strong>g event tickets• Golf course <strong>in</strong>formation and tee-time book<strong>in</strong>gs• Shopp<strong>in</strong>g and gift selection• Spa treatment reservations

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