How does the &Hamlet app actually work?

Imagine a large and cozy cabin right in the middle of the ski slope, or a beautiful villa along the coast of Spain – your vacation home dream has become a reality. Shared ownership through &Hamlet is meant to be joyful, easy, and predictable. Therefore, it is only natural that the usage is distributed fairly. Our proprietary scheduling system ensures that you can enjoy your dream holiday home when you desire.

The &Hamlet Scheduling System in a Nutshell

In a national survey conducted by &Hamlet, holiday home owners in Norway reported using their second homes for an average of only 43 days per year. When you purchase a 1/8 ownership in an &Hamlet, you are guaranteed to use your property for at least 45 days per year – giving you the same number of days as the average use of a vacation home.

Stays are scheduled through &Hamlet's app. The system allows you to reserve a stay up to two years in advance and as close as 48 hours before arrival. To ensure a fair distribution among shareholders, you can hold up to six reservations at any given time. Each stay must last a minimum of two nights and can usually last up to two weeks. The more shares you own, the longer stays you can schedule.

In the smart scheduling system, we have defined several special dates based on Norwegian holidays, as well as peak seasons based on the property's location. To ensure a fair distribution of the most popular periods, you can always keep one reservation during a popular holiday or vacation period and three reservations during the peak seasons. There is also a limit on the number of stays allowed during holidays and peak seasons. The scheduling system learns from the owners' use patterns, so the definition of the peak seasons is adjusted for each unique &Hamlet, making the distribution even more equitable. If you used the vacation home during the first part of the Christmas holiday, the other owners have priority the following year. This example is based on a 1/8 ownership. If you own multiple shares, you naturally have increased priority for special days.

Last-Minute Reservations and Cancellations

One advantage of owning a holiday home is freedom and flexibility. The scheduling system allows for the use of your &Hamlet home on a short notice. A short-notice stay is defined as a reservation made between 2 and 30 days in advance. These stays do not count towards the allocated 45 days per year per 1/8 ownershare and are not subject to the rules for holidays and peak seasons. If your &Hamlet have availability in the next 30 days, you can schedule a stay and use it without any restrictions. You can also cancel a reservation without it counting against your 45 days per year per ownership, as long as you cancel within 30 days before the stay. If you cancel the reservation after this period, it will count towards your allotted days, unless one of the other owners schedule a stay on any of your original days. When cancelling, the other owners will be notified to have the opportunity to schedule a short-notice stay.

&Hamlet has developed this reservation system to ensure a fair and equitable distribution of the year and maximize the usage of the vacation home. We continuously optimize and improve the platform to provide you with the best experience. You can use your &Hamlet as many days per year as the average vacation home, all while saving costs and owning the vacation home that you could normally only dream of.

&Hamlet is your dream, your holiday home – only smarter.

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