iTravex is a 'Points Based Internet Travel Exchange' exclusively for vacation rental property owners and their relatives, friends and associates. iTravex is not a typical vacation home, house, apartment, flat, condo, villa or chalet reciprocal exchange. Members are not required to arrange direct swaps or trades. Members earn points for hosting a stay (1 point is equivalent to 1 USD) to then spend their points anytime, anywhere in the world. Points do not expire.