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Newbie needs to know what ARP is...

Discussion in 'Wyndham Vacation Resorts' started by craigtug, Apr 1, 2013.

  1. craigtug

    craigtug TUG Member

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    Trying to get the key lingo and terms down so I can make good decisions as I embark on this TS journey and see the term ARP come up a lot. What is it and why is it important (or not)?
     
  2. winnipiseogee

    winnipiseogee TUG Member

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    ARP - advanced reservation priority. It means that you have a window to make reservation before things get opened up to the unwashed masses. Typically it refers to the home resort at Wyndham. So if I owned at Wyndham Bonnet creek I could book a reservation 12 months prior to check-in. Regular Wyndham members are only allowed to book 10 months prior to check-in.

    The big benefit is if you are trying to book for holiday and/or school vacation weeks.
     
  3. ronparise

    ronparise TUG Member

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    Actually its 13 months

    And its not terribly important to have unless certain places at certain times is terribly important to you....most reservations you can get at 10 months

    Exceptions may be Wisconsin Dells July 4, New Orleans Mardi Gras, Bonnet Creek 3 and 4 bedrooms Christmas and Easter, Daytona Bike Week. Bentley Brook Presidents week and there are others that I havent thought of.... So if there is something you really want every year, whether its on my list or not, buy your points deeded at that resort for ARP
     
  4. craigtug

    craigtug TUG Member

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    Ron - thank you... this helps a lot.
    Craig
     
  5. pacodemountainside

    pacodemountainside TUG Member

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    Acronyms

    The following should prove helpful!

    Also, might want to check pages 339-341 of Directory.

    Timeshare Glossary & Forum Acronyms

    The following is a list of the more common terms, acronyms and jargon used in postings and descriptions on TS Forums. Additions welcome!

    10-100

    Have to go to bathroom

    10-17

    Have to get a cold beer/Margarita


    AC

    Accommodation Certificate - An extra week offered by II as an incentive for depositing a high-demand week. Restricted usage

    ARP

    Allows owner at a Wyndham resort to book at 13 month mark while others have to wait until 10 month point

    BF

    Boy friend

    BR

    Bedroom

    Bribe

    Payment to get one to a sales pitch

    CWA

    Wyndham membership plan vs deeded ownership

    DAE

    Dial an Exchange - Independent Exchange company

    Developer

    Corporations like Wyndham and Westgate that put up $300K condo, divide into 52 Intervals and sell for around $1,500,000

    DBW

    Developer Bonus Week

    DH

    Dear/ Deceased/Darling/Dumb/Darn Husband

    DIL

    Daughter in law

    DVC

    Disney Vacation Club

    DS

    Dear/Deceased/Darling/Dumb/Darn Spouse or son

    DW

    Dear/Deceased/Darling/Dumb/Darn Wife

    EH

    Extra Holidays, WWW rental arm


    EOY

    "Every Other Year" - a timeshare you get to use every other year

    EY

    "Every Year" - a timeshare you get to use every year.

    FIL

    Father in Law

    Fixed Week

    One owns specific unit and week at specific resort. Great for popular events.

    Floating Week

    Owner requests a desired date from the timeshare resort every year subject to availability at the time of request.

    FF

    Fairfield Resorts, now Wyndham

    Fractional ownership

    Fancy name for owing several weeks at same resort

    FK

    "Full Kitchen"

    FROR or ROFR

    "First Right of Refusal". Used by some high demand resorts to control resale values.

    FWIW

    For What its Worth

    GF

    Girl friend

    GBR

    Guest Bedroom


    GC

    "Gold Crown". An RCI designation of their highest quality resort or Gift/Guest Certificate

    GMTA

    Great Minds Think Alike

    GV

    Garden View or Mountain View (or occasionally, a parking lot view)


    HGVC

    Hilton Grand Vacation Club

    HHI

    Hilton Head Island


    HTD

    Have to Disagree

    HTH

    Hope this Helps

    Incentive

    Nice word for bribe

    II

    "Interval International", an exchange company.

    IMHO

    In my Honest/Humble Opinion

    IMO

    In my Opinion

    Interval

    One timeshare week.

    IOW

    In Other Words

    LOL

    Lot's of luck or laughing out loud

    JK or J/K

    Just Kidding

    JMHO

    Just my Humble/Honest Opinion

    KISS

    Keep it Simple Stupid

    LH

    "Lease hold". Timeshare is deeded property on leased land.

    LK

    Limited kitchen

    LMK

    Let me Know

    LTNS

    Long Time No See

    Lockout

    If allowed, a timeshare unit can be subdivided and used as two smaller units for the purposes of use or exchange. e.g.: a three bedroom unit might be split and deposited as one 2BR unit and one BR unit giving the owner two weeks for use or exchange.

    Lurker

    Non participating visitor to BBS sites.

    MF

    Maintenance fee

    MIL

    Mother in Law

    MOD

    Person who keeps posters honest and Forum on track

    MIR

    Mail in Rebate

    MROP

    Multi Resort Ownership Plan

    MVCI

    Marriott Vacation Club International

    Owner update

    Euphemism for TS sales pitch generally without a meaningful bribe

    NB

    Nearby or newbie

    NP

    No Problem


    OBO

    "Or Best Offer".


    OBX

    Outer Banks of North Carolina

    OF

    Ocean Front

    OMG

    Oh My God/Gosh

    OP

    Original Poster (who started the thread)

    OT

    Off Topic

    OTOH

    On The Other Hand

    OV

    Ocean View

    Parking Pass Tango

    Body snatcher dance

    Personal Rep

    Salesperson who claims to be your personal TS genie

    PHD

    Piled higher and deeper

    PM

    Private Message


    PCC

    Post Card Company - company who sends postcards to unsuspecting buyers recommending they pay thousands of dollars to give their timeshare away.

    POV

    Point of View

    Profeco

    "Procuraduria Federal De Consumido" or Federal Bureau of Consumer interests in Mexico - an organization known to assist timeshare owners who have been scammed or ripped off by Mexican timeshares.

    Rack rate

    Non discounted hotel room rate.

    RCI

    "Resorts Condominium International", an exchange company.


    RHC

    Royal Holiday Club

    ROFR

    Right of First Refusal

    Right of Rescission

    Time period immediately after sale in which the buyer can cancel the sale for full refund, generally 3-10 days.

    RTU

    "Right To Use". Timeshare ownership has an expiration date.


    Seagull/Sea-gul

    David Siegel who owns Westgate TSs and $100 million pad in Florida


    Sales weasel

    Most TS sales people

    Scammer

    Person who cold calls offering lots of money for your worthless TS


    Shill

    Person generally new to Forum who touts a scammer

    SA

    Special Assessment

    SA Week

    South African Timeshare


    SFX

    "San Francisco Exchange" , an exchange company.


    SIL

    Sister in Law

    SO

    Significant Other



    SVO

    Starwood Vacation Owner - Someone who knows a Starwood Timeshare

    SVN

    Starwood Vacation Network - the exchange system for Starwood owners

    Thirty Rules of Conduct for Wyndham Sales People

    Guide for Wyndham sales weasels to increase their guile



    TPI

    Trading Places International - an independent exchange company



    TPU

    Trading Power Unit - an arbitrary value assigned to Exchange Weeks within RCI



    Trade Power

    A measure of desirability of a timeshare week for use in exchanging. Based on location, time of year, unit size and resort quality.


    TTYL

    Talk to You Later



    TUG

    "Timeshare Users Group"



    T/S

    Timeshare or ownership interval.

    Up front money

    Hard earned dollars scammer rips you for

    VC

    Vacation Counselor - a phone rep at one of the exchange companies



    VEP score:

    "Vacation Exchange Profile". An RCI resort rating score (company confidential).


    VOI Trust

    Document governing how Wyndham triumphant runs owner's railroad

    VOIP

    Phone system allowing scammers to hide their location


    Wastegate


    Slang for Westgate


    WB

    Welcome Back



    WK

    Week



    WTG

    Way to Go



    WKORV

    Westin Ka'anapali Ocean Resort Villas



    WM

    WorldMark


    WWW


    Wyndham World Wide who owns, Wyndham, WorldMark, Shell, RCI, EH and others



    WVO


    Wyndham Vacation Operation


    YMMV

    Your Mileage May Vary


    YW

    Your Welcome

    A compilation
     
  6. ronparise

    ronparise TUG Member

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    Holy S%^t Paco

    I was going to suggest our newbie learn one new term a day and one new concept a week, and for next week was going to suggest the Points Credit Pool. Your list scare even me (and I dont scare easily)...way to much to swallow in one bite
     
  7. JudyS

    JudyS TUG Member

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    I'm impressed, Paco! I didn't even know this software allowed posts of that length.
     
  8. pacodemountainside

    pacodemountainside TUG Member

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    This post is 6KB, but not sure how many characters.

    System limit is 15K characters.

    It really isn't that many characters, just strung out!
     
  9. ronparise

    ronparise TUG Member

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    ...........Like me
     
  10. FreeIn2010

    FreeIn2010 TUG Member

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    I'm just curious... Did anyone actually read them all? Lol. I made to the C's before I quit.
     
  11. pacodemountainside

    pacodemountainside TUG Member

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    Ron:

    Be happy you can have a bad hair day!
     
  12. pacodemountainside

    pacodemountainside TUG Member

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    Devastated my Tome did not grab you around the ankles! Sending Manny, my cat, to fetch another Corona!
     
  13. FreeIn2010

    FreeIn2010 TUG Member

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    Well it's definitely good info to have as a reference but my attention span is not what it used to be. I'm kinda hoping it's not just me.
     
  14. JudyS

    JudyS TUG Member

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    Wait, so are you saying there's a bunch of "strung out" characters here on TUG? :)
     
  15. craigtug

    craigtug TUG Member

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    Paco, wow! Thanks. A 10-17 is in order after that.

    Craig
     

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