posted 01-15-2003 14:36
Hello, it's Madge!I am here again to provide some answers for you. Please be assured that I am keeping careful track of your questions and will continue to post answers. Please direct any account-specific questions or issues by e-mail to feedback@rci.com, or by telephone to 800/338-7777.
Issue: Why are Bonus Vacations so expensive?
Response: It is important that we work with resorts to preserve the value of timeshare weeks while providing attractively priced vacation options for our members. If our Bonus Vacations are priced too low, it can undermine resorts' sales efforts. It is just not a true reflection of resorts' values, and in the end, can negatively affect the timeshare industry overall. We feel a strong commitment to provide quality vacations for our members at fair prices, and we believe that Bonus Vacations still represent an excellent value for our members.
Issue: From EV Magazine, March-April 2001, Ken May says: "If a member of RCI Points exchanges points for an interval from the RCI Weeks system, an interval of equivalent value is moved from the RCI Points system to the RCI Weeks system." How does RCI determine what is "equivalent"?
Response: The same system that RCI uses to establish trading power - the ratings derived from member comment cards plus our personal on-site inspections -- is the basis for assessing points valuations on RCI Points resorts. Therefore, a unit taken from a Points resort to compensate for a Weeks unit taken by a Points member will be essentially the same in terms of Gold Crown, or RID or standard overall quality; similar in regional demand, and member demand for the resort; similar in size; and so on down the line. It will be equivalent, based on similar Trading Power guidelines to those used within the exchange program.
Issue: Resorts are charging varying prices for conversion to the Points program. Can RCI establish more consistency with this? Some resorts are charging very high prices.
Response: Purchase prices among resorts vary widely, and RCI does not control the sales aspect of timesharing. RCI Points is different in that these are already owners who are simply being charged a fee to participate in a different kind of exchange program. When a resort decides to become RCI Points-affiliated, there are several criteria they must meet with their reservations and operations systems. For some resorts, this involves very little change, and for others, it involves a complete revamp of their systems. Because costs vary among resorts to participate in RCI Points, these costs are passed on to owners wishing to convert to the new program.
RCI does provide suggested pricing to resorts for conversions to the RCI Points program. If we become aware of pricing that is unusually high, we may contact resorts to try to determine whether their pricing structures could be detrimental to their sales or undermine the integrity of the RCI Points program. Ultimately, pricing decisions are still made by the resorts.
Issue: If I convert to RCI Points and later sell my timeshare, does the resort have the right to decide whether or not the new owner will be in the Points program?
Response: If you have converted an owership to RCI Points and later sell that week, your new purchaser will have the option to participate in Points or to use the RCI Weeks program. RCI processes the Membership Transfer Application (MTA) for the Points membership, and collects the MTA fee for Points of $199. The MTA fee for Weeks is $49.
Issue: When will Australian and European Points members have online access to their accounts?
Response: We have an implementation planned for the Second Quarter of this year that will allow European members online access to their accounts. We also plan to implement this for Australian members; however, it is not in our plans for 2003.
Issue: Is there a "pecking order" for web initiatives that can be posted?
Response: As discussed in the first Internet Advisory Board meeting, RCI will be providing the board with a comprehensive listing of proposed improvements to the website. These will be divided into categories of a) Quick improvements, b) Medium time frame improvements, and c) Long-term improvements.
Issue: What are the One-Plus-One weeks that appear in my account?
Response: When you confirm an exchange in an area targeted for the One-Plus-One promotion, an additional vacation week at special rates is deposited into your account automatically. It appears online as a One-Plus-One week; however, it cannot be accessed online. You will need to contact an RCI Guide to confirm these.
For every regular exchange confirmed into targeted areas, members may confirm an additional week into any of the same areas for $199.99 domestic (299.99 CD) and $239.99 international (359.99 CD). Availability is in the following regions:
East Coast - VA Beach To Myrtle Beach
North Interior US - IL, IN, OH, WV, KY, VA
Pennsylvania
TN & Smoky Mtn Resorts in NC & GA
Canada - Ontario & Quebec
East Coast - Maine to Maryland
Great Lakes Area (WI, MI, MN, IA, SD)
Ozarks (MO, AR, OK)
Texas - Inland
Florida - Southeast
All International Destinations
Issue: Does the one-in-four year rule apply to an entire account, or to the individuals using the confirmed vacations? If I send a guest to a one-in-four resort, will I also be restricted?
Response: Typically, the one-in-four year rule applies to an account, not to an individual. If you send a guest to a one-in-four year resort, you will not be able to visit that resort yourself for four more years.
Issue: Can VEP scores be displayed online?
Response: RCI does not rate resorts; however, its members do, and we track that information. VEP scores are used behind-the-scenes to help us determine value-for-value exchanges. They are also provided to resorts to help them improve their facilities and service. VEP scores also contribute to a resort's eligibility for the Gold Crown and RID awards.
The Resort of International Distinction award (RID) requires resorts to meet established standards in the areas of unit quality, housekeeping, maintenance, hospitality, and check-in/check-out procedures. The Gold Crown award requires resorts to meet more stringent standards in these areas, as well as resort amenities, unit amenities, and guest services.
When you confirm an exchange vacation, our system has determined that the comment card data of the deposited resort is comparable to that of the requested resort at that time. Because VEP scores change continuously, it's possible that the VEP score of a resort will be higher or lower than it was at the time of confirmation.
VEP scores are proprietary and will not be publicly posted. Resorts are at liberty to provide their VEP scores to owners at their discretion.
Issue: How is marketable inventory determined? At what point does it become marketable inventory?
Response: Timeframes for marketable inventory vary by the type of inventory, and when it is deposited. Inventory that is very heavily supplied but lightly demanded may become marketable shortly after being deposited. Where supply is forecasted to be only slightly greater than demand, inventory will typically be designated as marketable closer to its check-in date. Where demand exceeds supply, inventory will become marketable only as a result of last-minute deposits or cancellations.
Issue: Do Points members receive priority over Weeks members for their searches?
Response: Weeks inventory is assigned a Points value based on region, quality, season, and bedrooms. Weeks inventory can then be accessed based on these values by Points members with sufficient point balances in their accounts. When a Points member confirms Weeks inventory, Points provides Weeks with inventory of similar value, based on Trading Power, in order to
keep the Weeks system balanced.
Issue: Are members who are part of a club like Fairfield or Hilton given priority in RCI's system? Are subscription fees the same?
Response: Resorts offer varying programs, some of which offer points-based vacations and other travel products, such as airfare. RCI processes vacation exchanges for these members according to the same Trading Power guidelines applied to other members. Some members pay for their RCI memberships as part of their club packages, while others renew their memberships with us directly at standard renewal prices. While we value the
members our larger resort clients bring us, we value our other members as well and make every effort to offer quality products and services to every RCI member.
Issue: What is the most efficient way for members to transfer weeks to friends or relatives who are also RCI members? Current process of faxing to Customer Service seems cumbersome.
Response: Since RCI memberships are secure, we must have written
authorization to transfer a deposited week from your account into another. This authorization must be sent to our Customer Service Department for processing. It may be simpler and faster to add a Guest Certificate to the week you wish to give and allow your guest to call and be served as your guest. The $49 fee will apply in either case.
Issue: Can RCI go back to the previous Resort Choices format that allowed several resort ID numbers to be entered in one field?
Response: We are compiling and evaluating the feedback and suggestions we are receiving from our members about the website, including the Resort Choices section. I can't give you an answer yet; however, I can assure you that your feedback has not fallen on deaf ears.
Issue: I am having trouble updating existing ongoing searches online.
Response: If you are initiating a new ongoing search, you will have the option to add resort choices. However, when you go back to an ongoing search to make changes to your resort choices, you will not see the Add/Modify button. This a known bug and our technical staff is working on the problem. They hope to have it fixed very soon.
Thank you for your patience as I become acclimated to this new forum. My responses should begin to be more frequent and in more of an individual question/answer style.
~ Madge