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Timeshare Points Verses Timeshare Weeks – Pros and Cons
Deciding between timeshare points or timeshare weeks can be a difficult decision. So, which direction to take?
Well, the best thing to do is take a look at your lifestyle.
If you want to return to your resort every year at the same time for a full week or travel only in weekly increments…or, if you like steamy, private, romantic getaways just for two (and love having the excuse that you only have limited space), then it is easier to opt for the week system and explain to friends or in-laws that there is no more time available . However, if you need or want to include other people in your timeshare from time to time, you should probably consider the point system. Flexibility is the main advantage of the points system. Any unit size can be chosen if you have enough points in your account and the unit is available. In the weekday system, you are limited to the same unit size as your resort unit, or smaller, when traveling. Let’s say once it’s just you and your partner traveling; then a studio would be perfect. Another time it’s you two and you decide to bring the kids and you need a two bedroom, and another time it’s you and the kids and your parents or friends or a group of friends – and you need a four bedroom. Or, say, you just fancy having a more or less luxurious space depending on your mood or your needs for this trip… With timeshare points, you have the flexibility to tailor your desires to your needs at the time.
Take a look at these two scenarios:
Scenario A: Timeshare Points
Let’s say you own a three bedroom in a timeshare points system, for example. You can have enough points to spend two or more weeks in a one-bedroom or two-bedroom unit, or take plenty of mini-vacations in smaller units. You are not locked into size or length of stay like in the one week timeshare system. With timeshare points, if you find your plans change or life events affect your trip, or if you just like having the flexibility to travel when you want, you can plan a getaway anytime as long as you have the points and units are available. This part is the same in the weekday system, but if you only want to travel for a few days, you will have to redeem the whole week and give up the remaining days.
Scenario B: Timeshare Weeks
If you like knowing that you will have the same length of vacation each year, then the one-week timeshare model would be best for you. The good thing about this model is that it “forces” you to take a vacation. So, if you are a workaholic personality, this may be best for you!
If you like to vacation at the same time every year and can’t wait for it to always be that time every year, timeshare weeks are a great option. Note that with the weekday system, you are generally limited to having your week occur at the same time of year. You can also swap your weeks for other periods, just be aware that there is some planning and a bit of detail involved in the process.
With the timeshare points system, you are not limited to this seven-day usage time. If you don’t feel like using the whole week every year, you can use just a few nights, or more than the seven days depending on how much points you have. The way most weekly systems are set up forces you to use the whole week every year, whether you like it or not. So with timeshare points you have more freedom. If you are a week owner and your needs require you to trade your weeks for another period, sometimes you have to wait to see the results of your current week. With timeshare points, you can reserve the unit of your choice at any time and know on the spot that you have accommodation. Don’t like to plan? No problem. With the points system, you can reserve any size unit when available for a minimum number of points by making reservations 45 days or less from check-in. If you own a timeshare week, you also need to realize that you are limited to other resorts that are on the weekday system. You do not have access to stations that are on a point system. It is estimated that over 50% of Timeshare Week resorts have switched to the new points system. Also, be aware that you will pay the exchange and membership fees to the exchange company annually, whether you have points or weeks.
In the weeks system, your expenses for your annual maintenance fees are generally equal to one week of vacation. In the timeshare points system, you are still entitled to pay the annual maintenance fee, but you can expand your points to allow for more vacations each year and borrow points from next year’s allocation or rent additional points if necessary. Point members have found that they end up paying less per night of stay, in some cases ranging from 25% to 45% depending on various fees.
So you need to do some simple math and some soul-searching to figure out which style is right for you; timeshare weeks or timeshare points.
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