Wednesday, January 26, 2005

Season colors regarding SEASONS in timeshare exchanging

"SEASON"

If you are thinking of buying a timeshare, it is very important to understand the concept of "season" discussed below, and to understand resort ratings.See article about resort ratings and how to buy a powerful exchange week

Most timeshare resorts have times of the year when the demand is higher than others.

These times of the year are referred to as the "season", much the same way as hotels rate the times of the year as being "on season" and "off season", and where rates vary substantially according to the time of year.

Accordingly, timeshare sales prices and values differ substantially depending upon what time of year the owner is privileged to use the timeshare.

For RCI, the seasonal designations pertaining to greater or lessor member demand for space at the resort, are color coded:
Red time = greater demand White time = average demand Blue time = lessor demand

Red is the most valueable and owners of a Red week can request the prime times of the year in exchange, as well as the lessor-demand times of the year.

In other words,owners of Red weeks can request any of the 52 weeks of the year.

For standard exchanges White or Blue time owners are limited to the non-prime times of the year to exchange into a resort.

For short notice exchanges (60 days or less in advance of travel) colors are ignored and a Blue or White week is allowed to exchange for a Red week.

The RCI Directory designates for each resort, which weeks of the year are rated as Red, White, or Blue.

For I.I. Interval International, the same concept applies, but the I.I. colors for the same seasonal demand periods, are Red, Yellow, and Green.

For some resort destinations the demand is high year around, so they are rated Red year around.

For floating time resorts, there is a common misconception that if a week is Red, it means that a reservation can be made during any of the 52 weeks of the year.

This may or may not be true, depending on the resort. The resort's rules and regulations set forth what the reservation period (from and to) is for each color designation.

Questions: Visit us at www.alltimeshare.com , the home page for Timeshare Resales Worldwide, the oldest timeshare broker on the Internet.

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