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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-17-2005 05:25     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
After much research I think we have decided that RCI points is the best way for us to go and we do have a property (resale GC) that we are interested in and is attainable at a very good price for 90000points. The question that I still have is this- if so many people are buying points through resorts that they probably never plan to visit, are there not going to be more people with points than there are desirable locations to use your points at? If demand outstrips supply is there excessive competition for the good trades and, if so, am I foolish to buy points and then end up not getting anything I am really interested in? We would travel primarily at March Break and New Years which are high demand times- am I going to regret my points purchase because we won't get good locations? Also, if a lot of resorts are sitting empty because people bought points through them with no intention of going there, what happens to the upkeep of these resorts and the maintenance fees? The points program almost seems too good to be true so I am just trying to make sure it really would work for us. Any hepl/advice would be greatly appreciated!
Also- if I have a deeded high-point value week at the resort , can I switch to another week at the resort that uses fewer points- ie stay there during the lower demand week I want and keep the excess points to use elsewhere?Thanks
Chris

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teepeeca

TUG Member

Posts: 657
From: vacaville, ca., usa
Registered: Dec 2000

posted 04-17-2005 07:08     Click Here to See the Profile for teepeeca   Click Here to Email teepeeca     Edit/Delete Message   Reply w/Quote Post A Reply
Hello Chris,

I'm NOT a "points" person, but will "try" to answer some of your concerns.

If people buy "points" to use at other resorts (high-demand/value), then the availability, or "lack thereof" will prevail, and it will be "harder and harder" to obtain the "good" resort(s).

As far as "points" people buying at resorts "just to get the points" and not intending to stay there, it IS STILL their "home" resort, and they ARE responsible for their annual mx fees, so that shouldn't impact the various resorts.

If you DO use points, and stay (either at your home resort, or another resort) in an "off" season, or using a smaller unit (etc.), and paying "less" points for the stay, then you WILL have "extra points "left-over", which can (may) be used for stays at other resorts.

Hope I've answered some of your questions/concerns.

Tony

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caribbean

TUG Member

Posts: 1403
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

posted 04-17-2005 08:38     Click Here to See the Profile for caribbean   Click Here to Email caribbean     Edit/Delete Message   Reply w/Quote Post A Reply
Chris-

First of all welcome to TUG. I would like to invite you to join and become a member for the low fee of $15; it will be best money you have ever spent. To do so allows you to access a large database of resort reviews, sales data, and to search the BBS for older posts with relevent information.

As to points, depending on where, when, etc., you want to travel, it may or may not work well for YOU. But you could say the exact same thing about the weeks system. Having been a member and daily reader on TUG for the last 3+ years, I have noticed that the people wanting to trade into high demand areas during high demand times tend to have more trouble getting what they want and thus become unhappy with the trade system. Often it is better to buy into these high demand places/weeks if you want to go there often. Others that desire to travel during less demand times seem to have a much better success in obtaining desired trades. You may want to consider this in your decision process.

You question owning at a resort and never going there. I own 2 weeks in Australia, in the points system and altough I do want to go there some day, I obviously don't use it. But there are plenty of RCI owners in Australia just waiting to book into my unit. That is how trading works. Don't assume that eveyrone wants to travel at the same time as you. There are plenty of people like myself that don't have kids, don't need to travel during school vacations, and frankly purposely schedule our vacations during the spring and fall times when the crowds and kids are much less. So I guess we are the typical off season traveler that is happy to go and use some of those less desired time periods and get great trades into some super places using both the points and weeks systems.

I might suggest that you take your time before making the plunge. There is a wealth of information on this site and it could take months to read up on most of it. Read and ask questions, then after you have a better understanding of what will work best for YOU, then and only then should you be making a purchase. Keep in mind that many people will offer an opinion of what you need to buy that is based on what works for THEM. I have repeatedly seen people recommend Fairfield to people living and traveling exclusively on the west coast and likewise recommendations of WorldMark to people living and traveling exclusively on the east coast. Both are good systems, but don't necessarily work for everyone. It is my personal opinion that to buy into any of these "systems" and receive a value for the additional membership fee, you need to be able to use their actual resorts to some degree. But every person has individual travel needs and thus every person as a unique mix of TS that fulfills THEIR needs.

Welcome.

Patty
( a happy owner of both points and weeks )

------------------
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

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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-17-2005 11:19     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
Thank you for the info- I did join TUG just because I am trying to do as much research as possible to see if this is a wise decision for us. So far I have gained a lot of info but in some ways I am more confused than ever! There are so many variables to think about!
Chris

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caribbean

TUG Member

Posts: 1403
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

posted 04-17-2005 11:47     Click Here to See the Profile for caribbean   Click Here to Email caribbean     Edit/Delete Message   Reply w/Quote Post A Reply
Chris-

Well you are most definitely in the right place to do your research. Glad to see you are a member. You are still listed as a non-member. Go up to the top of the page where it says profile and click on that. Then sign in to your profile and change yourself so you are listed as a member. And once again, welcome.

Yes it can be very confusing and there are so many ways to go, but that is what makes TSing good. With so many options, there is something for everyone. And you have already somehow managed to not make the mistake most of us did by buying from the developer the first time around. So you are already well ahead of the game. Congratulations on that!!

Keep reading and take your time. That good deal, or another like it, will stilll be there in a couple of months when you know better what will work best to get you where you want to vacation. It is a buyers market. TS can be a real value if you do it right, but it does take work and persistance. A lot of us here get almost as much fun from the thrill of the search as actually traveling, that is till we are at the resort. AT least the fun of searching online helps keep you dreaming and occupied between trips. Ahhhh - 4 more days of work till my next trip. And it really irritates everyone at work that we can manage to take 6-7 weeks of vacation every year and keep going to all these great places, all on a state employees salary. They just can't figure it out.

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

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Judy321

TUG Member

Posts: 1014
From:
Registered: Mar 2004

posted 04-17-2005 12:39     Click Here to See the Profile for Judy321   Click Here to Email Judy321     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by chris209:
... if so many people are buying points through resorts that they probably never plan to visit, are there not going to be more people with points than there are desirable locations to use your points at?

Although quite a few Tuggers buy at resorts just to get into points, Tuggers are a very small fraction of the total population of timeshare owners. I suspect that the vast majority of people joining RCI Points are doing so because a salesman talked them into it. So, they aren't seeking out resorts just to join points.

I suppose some of the resorts being used as cheap entry to Points could end up having their point values devalued, *if* their contract with RCI allows RCI to devalue resorts that have low demand. I wouldn't think your 90,000 point GC would fall into this category, though.

quote:
Originally posted by chris209:
...Also- if I have a deeded high-point value week at the resort , can I switch to another week at the resort that uses fewer points- ie stay there during the lower demand week I want and keep the excess points to use elsewhere?
Chris

I believe so, yes.

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ttt

TUG Member

Posts: 1050
From: Matawan, NJ
Registered: Dec 2000

posted 04-17-2005 15:22     Click Here to See the Profile for ttt   Click Here to Email ttt     Edit/Delete Message   Reply w/Quote Post A Reply
One thing that potential purchasers of points should be aware of is that the points systems to not solve supply demand problems. If you are flexible in your exchange plans, points can work fine, but if you are looking for a high demand area each year, it is difficult to exchange into if you have points & nearly impossible in weeks unless you have a top level trader....

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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-18-2005 05:04     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
Does anyone here have experience with success in using their points to book a beachfront in Florida for weeks 52 or 11 or perhaps Lake Tahoe or Hawaii in the same weeks? I am just trying to decide how feasible this plan is! My first introduction to the concept of timeshares came about during a recent stay at the Marriott Ocean Watch in Myrtle Beach- we almost got hooked into purchasing a week but I decided to do some research. This is when I learned about the idea of RCI points but I do want to ensure it is a good idea and will let us have maximum flexibility- we prefer to go to different places rather than the same place every year and we do travel several times yearly. That having been said- the Marriott properties are beautiful and perhaps I could see myself at Ocean Pointe yearly!! But if the point system can get me into decent properties that we would enjoy then I think it is the way to go for us- just need to hear others' experiences with the reality of the system and whether it really works

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JimJ

TUG Member

Posts: 1108
From: Ruston, LA, USA Own:Landmark Holiday Beach Resort,Paradise Isle,Summit,Bay Club of Sandestin,Mount Amanzi,Strand Pavilion,La Lucia Sands,Durban Sands
Registered: Dec 2000

posted 04-18-2005 08:39     Click Here to See the Profile for JimJ     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by chris209:
.... The question that I still have is this- if so many people are buying points through resorts that they probably never plan to visit, are there not going to be more people with points than there are desirable locations to use your points at? If demand outstrips supply is there excessive competition for the good trades and, if so, am I foolish to buy points and then end up not getting anything I am really interested in? ... Chris

This same scenario was true with the weeks system long before all the points programs got going. Conventional wisdom says that 80% of the travelers want to vacation is 20% of the time (i.e., everyone wants to go to the beach in the summer and skiing in the winter and have to travel when there are school breaks). Therefore, whether it is weeks or points, early planning is the key.

With points, if you have enough points and are first in line you should be able to trade well. If you wait to the last minute to plan your trip there will likely not be much choice available. The key is advance planning.

With weeks, you may own a week that might not have sufficient "trade power" to ever get you some really desireable location.

I own only weeks. They have worked well for us. However, I can plan far in advance and we also do not always want to travel during prime seasons. We bought all our weeks resale at good prices. If I were younger and just getting into timesharing though I would give serious consideration to the points systems now.

------------------
JimJ

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bogey21

TUG Member

Posts: 1156
From: fort worth, texas usa
Registered: Sep 2001

posted 04-18-2005 13:31     Click Here to See the Profile for bogey21   Click Here to Email bogey21     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by chris209:
The question that I still have is this- if so many people are buying points through resorts that they probably never plan to visit, are there not going to be more people with points than there are desirable locations to use your points at?

Remember that us Points owners can always raid the RCI Weeks System!!

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heatherdcl

TUG Member

Posts: 65
From: Ontario, Canada.
Registered: Apr 2002

posted 04-18-2005 17:21     Click Here to See the Profile for heatherdcl   Click Here to Email heatherdcl     Edit/Delete Message   Reply w/Quote Post A Reply
Hello Chris,
I'm going to play devil's advocate but, as much as I agree with research, there comes a point where you have to take the plunge and learn from your own experience. Research is fine up to a point and then practical experience is the best teacher. Don't research for too long or else you will become paralyzed by uncertainty, and timeshare life will pass you by. Take the plunge and have fun playing with your options!

------------------
Heather

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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-19-2005 05:32     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
You're probably right- the more research I do the more confusing the options seem! However, I really do not want to lose a significant sum of money on something that won't even work for us so I thought it would be helpful to learn from others' experiences. I am still wondering if anyone has had good results with using points to book into Florida beachfront or Caribbean or Lake Tahoe during New Years or weeks 11 or 12-this would help me "take the plunge". The other option I am now looking at is a week in the Banff or Tahoe that we could either use or trade- see, the more I research the more I come up with new ideas!

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LeeB

TUG Member

Posts: 1150
From: San Jose, CA, USA Mountain Retreat, Makai Club, Winners Circle
Registered: Dec 2000

posted 04-19-2005 11:14     Click Here to See the Profile for LeeB   Click Here to Email LeeB     Edit/Delete Message   Reply w/Quote Post A Reply
The more specific your questsions, the better the replies. Like you just did, regarding certain weeks and destinations.

You can also call up RCI and ask them questions. Most of the people answering the phones are not motivated to lie to you, although of course they will put a positive spin on things. If you ask if there is availability to a Points member in the times/places you want, they should be able to tell you something. Report back here what they said and somebody will comment on it.

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Lee Boylan

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edhues

TUG Member

Posts: 431
From: Plattsburgh, NY Cliff Club, DVC, RHC, Marriott Streamside, TCJH, Sandy Point Beach, Durban Spa and Sands, Ngwenya, Silversands, Sunshine Bay
Registered: Feb 2002

posted 04-19-2005 21:44     Click Here to See the Profile for edhues   Click Here to Email edhues     Edit/Delete Message   Reply w/Quote Post A Reply
It is exceedingly difficult to trade into a week 52 at any decent location and quite difficult to trade into a nice week 11 at a desirable location like the Caribbean or a Rocky Mountain ski week. There just aren't that many deposits from such high demand times. If you want to spend week 52 in a timeshare every year, you should buy to use, not trade.

[This message has been edited by edhues (edited 04-19-2005).]

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sylcro

TUG Member

Posts: 2
From: Shediac,NB,Canada
Registered: Apr 2005

posted 04-19-2005 22:26     Click Here to See the Profile for sylcro   Click Here to Email sylcro     Edit/Delete Message   Reply w/Quote Post A Reply
Dear Chris209, You are looking for GC Beachfront in Florida week 52. I own week 52 at Fairways of Palmaire in Pompano Beach. The resort is GC and although not on the beach they offer members full usage of their sister resort which is 10 min away in Pompano on the Beach. The sister resort is called Fairfield Royal Vista and they even have a daily shuttle service to and fro to my understanding. My husband and I just purchased the week this spring so we went in and looked the resort over and saw our unit. It's a very large spacious 1 bdrm,large livingroom,diningroom and huge bath. There is a balcony accessible from the livingroom and bedroom as I recall and I was not disappointed with our purchase. The sister resort on the beach is nice too; we went in and took a tour on the beach as well. I don't know if this would suit you but I just deposited it with RCI and put in my own search request. I think they would still have it if you were interested in speaking with them. I'm not sure how it works once a week has been deposited with them, maybe some other TUGS might have some ideas?

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boyblue

TUG Member

Posts: 386
From: Nassau, Bahamas
Registered: Jul 2003

posted 04-20-2005 11:51     Click Here to See the Profile for boyblue   Click Here to Email boyblue     Edit/Delete Message   Reply w/Quote Post A Reply
I just checked and I see availability but I'm not familiar with the resorts so I couldn't tell if it is up to your standard. I get the impression that you are looking for 5 star properties if that is the case remember the Marriotts, DVC's and HGVC's are with II. Also with II you have the option to search before you deposit.

If I were looking for top shelf I would go with II.

------------------
A Toast: Champagne to our real friends & real pain to our sham friends.

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dw00103

TUG Member

Posts: 194
From: Vancouver, Canada Owner: Dikhololo, Castleburn
Registered: Jan 2002

posted 04-20-2005 17:23     Click Here to See the Profile for dw00103   Click Here to Email dw00103     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by caribbean:
Chris-

And it really irritates everyone at work that we can manage to take 6-7 weeks of vacation every year and keep going to all these great places, all on a state employees salary. They just can't figure it out.

Patty



Aah to be a government employee!! 6-7 weeks of holidays!! The MAXIMUM we EVER get is 5 weeks!!


------------------
David

[This message has been edited by dw00103 (edited 04-20-2005).]

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caribbean

TUG Member

Posts: 1403
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

posted 04-21-2005 08:28     Click Here to See the Profile for caribbean   Click Here to Email caribbean     Edit/Delete Message   Reply w/Quote Post A Reply
David-

Well after 25 + years with a lower salary than private industry, the vacation/personal leave time and the future retirement benifits are the only thing good about being a state employee. The older I get and closer to that final retirement date, 4 years/7 mths, not that I am counting, the more I am valuing that old defined benefits retirement plan; it's looking better every day!! I can see the light at the end of the tunnel and it isn't my husband's train ( enginner on railroad ) coming toward me.

Patty


quote:
Originally posted by dw00103:
[QUOTE]Originally posted by caribbean:
[b]Chris-

And it really irritates everyone at work that we can manage to take 6-7 weeks of vacation every year and keep going to all these great places, all on a state employees salary. They just can't figure it out.

Patty



Aah to be a government employee!! 6-7 weeks of holidays!! The MAXIMUM we EVER get is 5 weeks!!

[/B][/QUOTE]

------------------
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

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sfwilshire

TUG Member

Posts: 2249
From: Clinton TN
Registered: Jan 2003

posted 04-21-2005 09:52     Click Here to See the Profile for sfwilshire   Click Here to Email sfwilshire     Edit/Delete Message   Reply w/Quote Post A Reply
Well .... I'm a quasi-Federal government employee and am maxed out at 5 weeks plus 1 day. I also got one more holiday when I worked for the State.

Got in too late for civil service retirement, too. Somebody remind me why I work there again? Oh yeah, it buys the groceries.

Sheila

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timeos2
Moderator
TUG Volunteer

Posts: 1912
From: Rochester, NY : Cypress Pointe & Westgate VV, Orlando Fl;FF Kingsgate Williamsburg, VA(FF Pts);Cove @ Yarmouth, Cape Cod MA;Rayburn CC, TX-RCI Pts
Registered: Dec 2000

posted 04-21-2005 18:28     Click Here to See the Profile for timeos2   Click Here to Email timeos2     Edit/Delete Message   Reply w/Quote Post A Reply
As a former Government employee - now on the early retirement plan - I can say that the pay and the demands over my 30 years of services were WAY below what I could have earned "on the outside". But the dedication and concern that I saw for the taxpaying public never waivered. I too counted the days toward the end as that was the one and only benefit I saw that the "normal" employee of a for profit corporation couldn't count on. But right to that last day I gave it 110% and never did I actually use the 5 weeks vacation I had earned by staying in the system for 30 years. I did cash them out on that last day but the County of Monroe and the State of New York got one heck of a bargain for almost exactly 30 years. I don't feel one bit of guilt that I earned 100% medical, dental and my state tax free income over the remainder of my lifetime when I see the obscene salaries paid to corporate America while I was earning 50-60% of what a similar job in the private sector paid. If I took 3 or 4 weeks of my 5 weeks vacation toward the end I earned it. I know this wasn't a serious post about Government Employees but I wanted to say that they do serve with pride.

------------------
John Chase
Use Email Icon above for contact address

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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-22-2005 05:50     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
Everyone has been very helpful and so I have a couple more questions. I had originally considered purchasing 72000 or 90000 RCI points and then became concerned about owning points through a resort that I probably would rarely visit and then being unable to find anything acceptable to book with my points because we would be looking primarily at weeks 52, 10, 11 or 12 (prime times). SO< I began to think that buying a week in Lake Tahoe might be good because we would ski there sometimes and could also trade it through II. However, with further research , I have again come full circle to the idea of points as it gives us more flexibility. I do like to research A LOT (maybe too much!!) so here are my lingering questions-
1)does anyone have experience with using their points to book into nice ski resorts or beach (California or Florida or Caribbean) resorts during the weeks noted above?
2) I keep reading that points are points but I have also read about a VEP factor (?). If my points are bought through a GC resort will that somehow limit my choices?
3)If points are points, what happens if the resort you purchase them through goes out of business etc? I know this is unlikely but I am trying to figure out if I own the points independent of the resort or not.
4) How available are the RCI weeks resorts through the points program- are these usually taken by weeks owners and then points people get the leftovers? Several of the resorts I like are not points resorts!
5) What is a reasonable cost for 92000 or 72000 points - do you pay extra for banked points? I keep reading .04 cents per point but this seems hard to find!
I know this is a lot of questions but I appreciate any and all advice! Thanks
Chris

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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-22-2005 05:52     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
One last question!- can all bookings be done online or do you still have to call in and do an ongoing search to get the best results? I like to do these things myself if possible

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bogey21

TUG Member

Posts: 1156
From: fort worth, texas usa
Registered: Sep 2001

posted 04-22-2005 09:11     Click Here to See the Profile for bogey21   Click Here to Email bogey21     Edit/Delete Message   Reply w/Quote Post A Reply
I think you are overanalyzing. You have asked a lot of good questions and received a lot of good answers. Get on with it and bite the bullet. Buy a Points Week in Lake Tahoe for around 4 cents a point or less with a MF somewhere around 1 cent per point. Make sure you buy a week you can use if you don't like what is available from RCI Points.

You can make your point reservations on RCI's website but really also call as sometimes the RCI Guides will see things you cannot.


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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-22-2005 10:43     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
Whoa! I don't think I am overanalyzing- everyone here has advised me to find out as much as I can, which I have been trying to do, and it is helpful advice from some of the people on this board that has made me question some of my original thoughts! I don't think that is a bad thing! I would like HELPFUL advice about some of the questions I posed in my last posting, as those questions have all arisen from things people have said to me on these boards. I want to make sure this is a reasonable decision for us to make and that I am not being unrealistic about what is possible with points and what is not.

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chris209

TUG Member

Posts: 12
From:
Registered: Apr 2005

posted 04-22-2005 10:47     Click Here to See the Profile for chris209   Click Here to Email chris209     Edit/Delete Message   Reply w/Quote Post A Reply
Also, I don't see much available as points resorts in Tahoe (I was looking at a WEEK there at The Ridge but then was told that it might not be a great trader because it is always easy to find weeks there anyway) and I sure haven't been able to find much in the 4 cents per point range anywhere!

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