Author
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Topic: Lockoff units and RCI points allocation
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abelee TUG MemberPosts: 393 From: Upstate New York, USA Registered: Sep 2001
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posted 04-04-2005 06:26
If a unit is, for example, a 3 bedroom lockoff and worth "X" amount of points, can one typically get more points if the A/B units were split and the weeks ( i.e. 2br/1br) deposited separately? Has anyone had any experience with this arrangement?IP: Logged |
caribbean TUG MemberPosts: 1355 From: Goochland, VA OWN : Sandy Point Beach & Boambee Bay in RCI pts Australia; Sandpiper Beach Club 2BR FL; 2 weeks - Royal Holiday Club Registered: Dec 2001
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posted 04-04-2005 08:56
This might not be true in all cases, but I have looked at several places, and it seems that for a points resort, the total of the separate units is equal to the whole, ie the Suite + 2BR = 3BR.BUT, I have noticed that for a lot of weeks resorts where you could use points for deposit, this is not always the case. Quite often it is an advantage to split the lock-off and deposit separately. Guess you just have to check in each situation. Patty ------------------ It’s these changes in latitudes, changes in attitudes Nothing remains quite the same With all of our running and all of our cunning If we couldn’t laugh we would all go insane - Buffett IP: Logged |
nightnurse613 TUG MemberPosts: 68 From: Phoenix, AZ own: Ridge @ Sedona Golf, AZ Sam Rayburn, TX Registered: Nov 2004
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posted 04-05-2005 20:00
I've done this with my 2 bedroom weeks lockoff and RCI. The pts were awarded based on each seperate unit and were quite significant.IP: Logged |
PA TUG MemberPosts: 3768 From: San Antonio, TX 78258 Registered: Mar 2002
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posted 04-05-2005 20:30
I am pretty sure that you will always get more RCI Points by locking out and making separate deposits.IP: Logged |
Roger TUG MemberPosts: 1635 From: Registered: Dec 2000
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posted 04-06-2005 05:48
I looked into this sometime toward the end of last year. It appeared (from the few examples that I looked at) that people got the same number of points if they deposited the parts versus the whole (confirming what Patty said).What also appears to be true is that people with lockoffs get more points total than someone with simply a two bedroom unit. When units cannot be divided, a two bedroom unit gets about 40% more (figures vary some from resort to resort) than a one bedroom at the same resort. The total package at a lockoff is worth about 80% to 90% more than the larger one bedroom unit. This helps account for one of Carolinian's favorite whipping boys - the Vacation Village resorts near Orlando. (They sell lockoff units.) He says that they are overpointed, noting how two bedroom units get more points than other comparable two bedroom units in the area. What he should be comparing is how the one bedroom parts compare with other bedroom units in the area. That is how they are being exchanged. ------------------ Owner since 1996 (a paltry one) TUG member since 1997 IP: Logged |
abelee TUG MemberPosts: 393 From: Upstate New York, USA Registered: Sep 2001
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posted 04-06-2005 09:00
A curious thing - can ( or should) the points allocation for a conversion be LESS than what the resort charges to rent the same week? For example, I came across a situation where a two bedroom will cost approximately 50k points to reserve at the resort, but they only allow about 40k points for the annual RCI points deposit. Therefore, it seems, you would have to come with an additional 10k points if you later decide to use your own facility!! Does this make sense? I thought the two figures were always comparable!IP: Logged |
PA TUG MemberPosts: 3768 From: San Antonio, TX 78258 Registered: Mar 2002
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posted 04-06-2005 09:44
quote: Originally posted by abelee: A curious thing - can ( or should) the points allocation for a conversion be LESS than what the resort charges to rent the same week? For example, I came across a situation where a two bedroom will cost approximately 50k points to reserve at the resort, but they only allow about 40k points for the annual RCI points deposit. Therefore, it seems, you would have to come with an additional 10k points if you later decide to use your own facility!! Does this make sense? I thought the two figures were always comparable!
The only time I know of where they aren't exactly the same is when you deposit a floating week at a resort that won't allow you to select your week to deposit. In that case, you would get the average number of points for your season. Then if you select a particular week, the points required could be more, less or the same as the average for that season.
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PA TUG MemberPosts: 3768 From: San Antonio, TX 78258 Registered: Mar 2002
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posted 04-06-2005 09:46
quote: Originally posted by Roger: I looked into this sometime toward the end of last year. It appeared (from the few examples that I looked at) that people got the same number of points if they deposited the parts versus the whole (confirming what Patty said). ....
Do you have a specific example? I haven't ever seen a resort where the lockout deposit = the same as if you split it and make 2 deposits. If your statement is true, I wonder if it is ONLY true at a resort that doesn't allow you to select the particular unit that's deposited?
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sfwilshire TUG MemberPosts: 2174 From: Clinton TN Registered: Jan 2003
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posted 04-06-2005 10:21
quote: Originally posted by PA: The only time I know of where they aren't exactly the same is when you deposit a floating week at a resort that won't allow you to select your week to deposit. In that case, you would get the average number of points for your season. Then if you select a particular week, the points required could be more, less or the same as the average for that season.
But this point variance is only true if you exchange into your own resort. If you book during your home resort period (or whatever the term is .... can't seem to get this into my memory banks), it is a no loss/no gain. They charge you exactly what they would have credited you in points to use your own floating week as long as you reserve it at the right time. Another possibility is that there are different types of units at the resort and yours is not the same as the one that you are taking. For example, a 2br lockout would cost more points than a 2br non-lockout unit. Sheila
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smmora TUG MemberPosts: 172 From: Livermore, CA Registered: Jul 2001
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posted 04-06-2005 10:25
Floating Snowbird 2bdrm points DO NOT equal the 3 studios it lockoffs intoFixed Week VV Weston 2bdrm points DO equal the 2 1 bdrms it lockoffs into (1 bdrm ltd kitchen & 1 bdrm full kitchen)
------------------ smmora IP: Logged |
Roger TUG MemberPosts: 1635 From: Registered: Dec 2000
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posted 04-06-2005 11:20
quote: Originally posted by abelee:
For example, I came across a situation where a two bedroom will cost approximately 50k points to reserve at the resort, but they only allow about 40k points for the annual RCI points deposit.
Like the others that have responded, I have never seen this with the exception of - Floating weeks. (Although, as Sheila mentioned, even with floating weeks, the number of points given and the number of points needed to reserve are the same if you book back into your own resort during the time period over which your unit floats.)
- Floating holidays (such as Thanksgiving). In essence, what RCI does is allow a resort to sell someone week 48 (that might not be the right number) as Thanksgiving week. Whoever buys that week gets the number of points allocated to Thanksgiving week. Most years it would be week 48. On the oddball year for which Thanksgiving falls on week 47, the owner does not see the point value of his week plummet (even though it is not Thanksgiving week), but gets the same level of points. Actually reserving week 48 that year, however, (since it does not include Thanksgiving) would be fairly cheap. The reverse would be true for anyone who buys week 47. They would get a smaller allocation of points every year including the odd year that includes Thanksgiving. (Hope you can figure this out.)
Just to be clear, abelee, I am not saying that you are wrong, but rather that I have never seen it. If it is happening at a particular resort, it would be objectionable just for the reasons that you cite. It certainly is not common practice. ------------------ Owner since 1996 (a paltry one) TUG member since 1997 [This message has been edited by Roger (edited 04-06-2005).] IP: Logged |
Roger TUG MemberPosts: 1635 From: Registered: Dec 2000
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posted 04-06-2005 11:34
quote: Originally posted by PA: Do you have a specific example? I haven't ever seen a resort where the lockout deposit = the same as if you split it and make 2 deposits.
I don't have a catalogue in front of me, so I will point to an easy example since so much has been made of it on the Exchange Board... Go to the Points chart for "Vacation Village at Parkway." You will notice that the number in the right hand column always equals the sum of the two numbers in the columns to the left (one of which is for the larger portion of the lockout and the other for the smaller). Last fall I found a number of examples like this... the whole was given the total of the two parts. Patty has apparently seen the same thing. I might add that I have actually stayed at Vacation Villages in the Berkshires where the room layouts are the same as in Florida. The Massachusettes resort (somewhat oddly in my mind) is NOT a points resort. Still, when I have shopped around for it, I have almost never seen a full unit (both sides of the lockout) available. I take this to mean that RCI would be just as happy giving out the two units separately in that they get two exchange fees. In the case of Points resorts, they appear to be honest enough to pass on the separate point values to whomever deposits regardless of whether it was deposited as a single unit or two separate units. ------------------ Owner since 1996 (a paltry one) TUG member since 1997 [This message has been edited by Roger (edited 04-06-2005).] IP: Logged |