Timeshare Points System
Essentially, with this form of timesharing, the member buys a number of annually allocated points, which can be used to exchange for holiday accommodation. These, if not immediately used, can be accumulated for a set number of years before they expire. This allows the member to book a luxury or longer holiday that will require more points than one year’s allocation. In the resale market, prices are far less than the prices at which new points are sold.
The points system may well prove to be your right option. There is no doubt that the concept of points usage has one major benefit, and that is, it’s provision for “flexibility” from one year to the next. Retired people often opt for this type of timeshare as it allows them many short stays, in a low demand time, which take fewer points. Certain points clubs do not charge reservation or exchange fees, which is also a saving for the retired folk.
These clubs are just that – “Clubs” – with membership rules. An annual membership fee is payable, as is an annual levy for the maintenance and management of the Club’s timeshare portfolio.
Different timeshare points clubs offer different benefits, so if you are interested in this form of timeshare, we would need to know how you intend to use the points so that we can best advise you to suit your needs.