hello, I am researching different types of timeshare for an article and would like to know what is a point system?
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Dear Peter,
Timeshare points are an increasingly popular alternative to owning a traditional, fixed-week of timeshare. Rather than owning the right to occupy a pre-determined sized unit within a particular resort, members of points-based timeshare clubs own a set amount of annually allotted units (generally known as points).
The Point is the “currency” in which the value and price of the vacations at the point system resorts are established. Within the Club, each complex, each accommodation unit and each season have a value in Points; so you do not pay for your vacation with money but with the Points you have.
Instead of having a weekly participation in a specific resort and season, resort members will have points to reserve nights in the resorts of the contracted club, many of them supposedly spread around the world and with various travel and stay options.
The problem is that all of this is always subject to availability at the Resort’s discretion, therefore, when you try to book a desired vacation, the resort usually responds that everything is busy on those dates or that you do not have enough points to enjoy the chosen destination… Any timeshare still has availability restrictions and limitations, so you do not have complete freedom to plan your vacation.
I hope this answer will enable you to fully understand how points work. Should you have any further questions please don’t hesitate to contact us.