Timeshare Point Systems

With today’s timeshare point systems you have more options than ever before.

Join the millions of families that have discovered the freedom and flexibility that can be enjoyed with timeshare point systems.  Vacation ownership allows you to enjoy exotic locations, play golf or snow skiing at your favourite spot without the worry of being impacted by inflation.

Timeshare ownership is offered in two different forms:

1. Deeded timeshare gives the purchaser ownership interest in a piece of residential real estate property. Most timeshares within the  USA are deeded.

2. Non-deeded timeshare requires owner to purchase a club membership, license or lease. In return the owner gets access to a property for a specific amount of weeks each year for a predetermined number of years. Non-deeded ownership is gaining popularity in Europe and in countries where foreigners can’t own real estate.

With most of the timeshare point systems owners are given greater flexibility and may elect to:

• Assign their points to be exchanged for airline tickets, hotels, travel packages, cruises, etc.
• Split the time used into several 2 or 3-day increments.
• Rent all or part of their actual usage time and use the remainder of the points themselves.
• Rent more points from either the internal exchange entity or another owner to get a larger unit or more vacation time or a better location.
• Save or move points from one year to another.

Which of the options are available depend on the developers. Therefore it is important to read the ‘fine print’ of your contract.

Point charts are available for each resort indicating how many points are required for a night’s stay in a given size of unit, during a particular day of the week and time of the year. More points are required for peak season times.

Timeshare point systems are sold by many developers. Some of the major companies are listed below.

RCI offers by far the largest and most diverse points system. RCI offers more than 3700 timeshare resorts worldwide, plus airline tickets, hotels, cruises, car rentals and more. You can spend your annual allotment of points just like cash money – you pay per night wherever you want.

Wyndham Fairfield points, called Fairfield Fairshare Plus, have a completely different point structure to RCI. The value of a Wyndham Fairfield point is roughly about 1/3 of an RCI point. Its members can also spend their holidays at thousands of additional resorts around the world via RCI.

Marriott Vacation Club, a leader in this industry, offers luxury vacation timeshare. The owner of a Marriott timeshare can forego the occupancy rights to their vacation condo in return for Marriott Rewards points. These points can be converted to airline tickets, other Marriott hotels, etc.

Note: People that buy resale Marriott timeshare are not allowed to opt to participate in the Marriott Rewards Points program unless the resale points are purchased from Marriott.

Hilton Grand Vacations Club (HGVC Club) points are used in a fashion similar to Marriott points. Hilton has numerous affiliated resorts to provide club members with large selection of travel destinations.

Disney Vacation Club offers resorts located within the famous Walt Disney World Resort, as well as other locations. To become a member one must purchase a one-time real estate interest in one of the Disney Resorts, and thereafter pay annual dues. The membership has an expiration date of 50 years after the initial offering of the property.

Of course, there are many more timeshare point systems available. However, the bigger the organisation the more flexibility you may have.