Who Own's the Units in II's Getaway's

[Sugarcubesea]

I have always wondered who actually own's these units? Sometimes you can find some great deals in Getaway's especially when they are having a sale.

I scored a week at a resort that I wanted to go to for less then the cost of the MF's for that resort for that week.

So I started thinking, who own's these and instead of buying a week at resorts that I like and want to go to should I just continue to buy the getaway. Does II actually own these units and puts these in the Getaways vs the units we deposit?

 

[Panina]

I have always wondered who actually own's these units? Sometimes you can find some great deals in Getaway's especially when they are having a sale.

I scored a week at a resort that I wanted to go to for less then the cost of the MF's for that resort for that week.

So I started thinking, who own's these and instead of buying a week at resorts that I like and want to go to should I just continue to buy the getaway. Does II actually own these units and puts these in the Getaways vs the units we deposit?

I think the getaway pool is a mix, units owned by the HOA trying to rent-hotel own units, not timeshares, that are offered in getaways - our deposits that II offer as getaways that are off season that anticipate might not trade, units within a few weeks that also might not trade, etc.

Many of these getaways are offered for less then owning and paying maintenance fees but if you want prime time and prime area the rates will be more then owning plus chances are you most times you won’t see them as getaways.

 

[A.Win]

I completely agree that Getaways and Last Calls are wonderful bargains. The problem is that they don't work so well for peak weeks. So the Getaway is less than MFs 75% of the time. But most people want the peak season. During that 25% when kids are out of school, the Getaways are more expensive than MFs.

Also, owning allows you to exchange for a lot of places that cannot be found cheaply through Getaways.

Overall, I agree that low season for most timeshares are terrible purchases. In fact, most the free giveaways on Ebay and TUG are in low seasons.

 

[mdurette]

What do you think the developer gets for these getaway deposits? Money up front from II or a percentage of the sale when it is purchased.

Also. Why would they just sell directly through their own site and get more money.

 

[Sugarcubesea]

I think the getaway pool is a mix, units owned by the HOA trying to rent-hotel own units, not timeshares, that are offered in getaways - our deposits that II offer as getaways that are off season that anticipate might not trade, units within a few weeks that also might not trade, etc.

Many of these getaways are offered for less then owning and paying maintenance fees but if you want prime time and prime area the rates will be more then owning plus chances are you most times you won’t see them as getaways.

What do you think the developer gets for these getaway deposits? Money up front from II or a percentage of the sale when it is purchased.

Also. Why would they just sell directly through their own site and get more money.

Thanks, I was surprised and happy to find the week 50 I needed for a purchase price for the week cheaper then what I would have paid in MF's if I owned that week...

 

[Panina]

Thanks, I was surprised and happy to find the week 50 I needed for a purchase price for the week cheaper then what I would have paid in MF's if I owned that week...

You definitely got a rarer one. They do pop up.

 

[Sugarcubesea]

You definitely got a rarer one. They do pop up.

I guess I got really lucky then...I'm so happy and I hope it happens again for next year....

 

[tschwa2]

I guess I got really lucky then...I'm so happy and I hope it happens again for next year....

Week 50 is low season everywhere. It isn't unusual to get something for less than mf especially if the MF's are $1000+

 

[Panina]

Week 50 is low season everywhere. It isn't unusual to get something for less than mf especially if the MF's are $1000+

The place and area she got it was harder

 

[Sugarcubesea]

Week 50 is low season everywhere. It isn't unusual to get something for less than mf especially if the MF's are $1000+

I did not realize that week 50 on the gulf coast of FL was low season...

 

[tschwa2]

This is for gulf coast from Tampa going south.

Well there are only 6 weeks in the year with lower tdi than the 85 for week 50. Most snowbirds don't head down to Florida until mid January. Week 51 and 52 get a bump because of school holidays and although I think non holiday late November through December is a great time to travel to warm weather destinations because it is after hurricane season but cold enough at home that it feels like you are getting out of the cold it is still low season. A lot of people wait and spend the holidays at home with family before migrating.

 

[dioxide45]

--Deleted--

 

[dioxide45]

This is for gulf coast from Tampa going south.

Well there are only 6 weeks in the year with lower tdi than the 85 for week 50. Most snowbirds don't head down to Florida until mid January. Week 51 and 52 get a bump because of school holidays and although I think non holiday late November through December is a great time to travel to warm weather destinations because it is after hurricane season but cold enough at home that it feels like you are getting out of the cold it is still low season. A lot of people wait and spend the holidays at home with family before migrating.

Right, regardless of location, week 50 really isn't super high demand.

 

[Panina]

I did not realize that week 50 on the gulf coast of FL was low season...

Yes lower but the specific area ( only a few resorts) you want to be in has lower inventory due to fewer units so no guarantee you will be able to rent at a low price. I usually see November weeks and early December for rent but week 50 not as much. I actually got a week 50 on Marco Island to guarantee I always have it.

 

[Theiggy]

Based on what I’ve seen in Getaways, I think there are some really fabulous deals to be had and I love deals! I recently upgraded to platinum on a 50% off promo to get priority viewing of getaways. I was going to buy another TS but I’m thinking the getaways will serve my needs! I can only travel on school vacations but it’s not a problem based on what I’m seeing and where I like to go. In August we went to St. Thomas on a getaway for less than half of current maintenance fees for owners. I’m loving the options especially if you search frequently and use the app for searches!


Sent from my iPhone using Tapatalk

 

[youppi]

Week 50 is low season everywhere. It isn't unusual to get something for less than mf especially if the MF's are $1000+

What is your definition of everywhere ?
What is your definition of low season ?

If we use II TDI where the range goes from 50 to 150, we could say that a TDI 120 to 150 is not low season and everywhere is everywhere on the planet then

For week 50:
Colorado TDI = 150 https://www.intervalworld.com/iimedia/images/tdi/2018/TDI-9.jpg
Western Canada, Ski Area TDI = 135 https://www.intervalworld.com/iimedia/images/tdi/2018/TDI-10.jpg
Mexico, Cancun TDI = 130 https://www.intervalworld.com/iimedia/images/tdi/2018/TDI-14.jpg
Utah TDI = 125 https://www.intervalworld.com/iimedia/images/tdi/2018/TDI-53.jpg
Lake Tahoe TDI = 120 https://www.intervalworld.com/iimedia/images/tdi/2018/TDI-11.jpg
Mexico Baja Peninsula TDI = 120 https://www.intervalworld.com/iimedia/images/tdi/2018/TDI-38.jpg
Many places like Australia, New-Zealand, South Africa, Thailand, Dubai, ... are also high/peak season for week 50

Tips: To find quickly where week 50 is high/peak season, see the II TDI charts tab at https://docs.google.com/spreadsheet...8NPz0Pmm6KZZYcVsMoMIrwenxcIYwT2gD62Y/pubhtml#