Hapimag is a Swiss non-profit, points based shared holiday concept that primarily caters to German, Swiss, Austrian, and Dutch shareholders.

With approximately 1,500 employees, Hapimag continues construction and the management of all resorts owned by the company.   Hapimag resorts are all built with a local distinctive character. In addition, Hapimag has programs for group travel, holiday activity programs and sight seeing holidays. These services can be booked either with or without Hapimag points. As a non-profit making organization, excess revenues are paid back to the shareholders.   When Hapimag has plans to develop new resorts or is searching for new locations, the company always listens to its shareholders. While Hapimag has never had a formal relationship with the timeshare-industry, Hapimag is now a key member of the ARDA and the European OTE .

While studio, one and two bedroom apartments with fully equipped kitchens are available, most of the accommodation is equipped for 4 persons sharing.   An average two-room apartment is 60 square meters. The holiday resorts are located in: Every year Hapimag shareholders receive a travel catalogue with information about all the available resorts. Furthermore they receive the twice a year the club magazine " Holiday " and the brochure "Tips, trips and tariffs", in which contains a detailed point table and all reservation information.

Points

Hapimag sells ownership shares. Each share is worth 12 points each year. Each holiday accommodation is assigned a points value based on location and season to be used exclusively by Hapimag shareholders. The points assignment for a each  resort/season/accommodation ranges from a minimum of 4 to a maximum of 24.  

Hapimag reserves the right to adjust assignments each year, but only within the 4 to 24 points range. Increasing the point assignment for one accomodation requires a complementary reduction of the same point amount at another. This insures that there is no overall “point inflation”.

The points can be used up to one year in advance. It is also possible to save the points for up to four years. A high season week for a two room (one bedroom and one living room with sofa as sleeping bed) apartment will cost 24 points (max. 4 persons). If a studio is chosen 3 points can be deducted and for a three-room apartment four points have to be added. The seasons of Hapimag are different from those of the exchange companies. Beach resorts will cost 24 points in July and August and this applies to winter resorts in February and around Christmas.  City resorts always cost 24 points, the maximum points required for any resort in the Hapimag system. It is possible to transfer or combine points from one shareholder to another.

Costs

Each owner of a Hapimag share has an obligation to pay an annual for maintenance fee of 285 Swiss francs (approx. £125) for each share owned. In addition, Hapimag charges for service costs of cleaning, heating, linen, etc., and this can vary for each location, with the second week being roughly half the price.  (e.g. 1 week)

Reservations

To give all shareholders equal rights to obtain a certain accommodation Hapimag uses a fair reservation system. Some resorts are more popular than others are and this implies that shareholders cannot spend their holidays in the same resorts every year. The year is divided in four seasons. Hapimag has a final date, which is half a year before the beginning of the season. Before the final date all reservations will be treated equally. With one exception: a preference status applies to shareholders, which apply for the same resort if they weren't allowed the first year because of lack of space. After this final date all reservations are treated by the incoming date (First come, first served).

A list of available accommodation can be obtained from Hapimag or through their website hapimag.com