Incorrect premise... thanks for correcting me...
T_R_Oglodyte said:
That is an incorrect basic premise. There are many floating week systems that have exactly that one-to-one correspondence.
The rest of your discussion, which I have not quoted, also proceeds incorrectly. It is certainly true that in a floating week system not everyone will get the week that they want. A property operated floating week system accomodtes that through exchanges. When the resort knows they are not going to be fully occupied, they bank the week with an exhange company. Then when a member tries to get a reservation and nothing is available that they can make, they can accept a banked week.
I admit that if there are floating weeks, or point system resorts, that have a one to one correspondence between the number of members and the number of Villa Weeks, then my statement is mistaken, and most of what I fear about the floating weeks and points system would not happen. Some of it would happen, but not the worst of it.
I also admit that I have only had good experience with the way things are done at the Royal Resorts, which is that we each own a specific Villa on a specific week, so no reservations are necessary, and nobody has ever had any problem renting out or renting into the Royal Resorts.
So based on my own good experience and the bad experience I have read and discussed on TUG about the "Royal" Sunset (which nobody should confuse with a Royal Resort...) and the Mayan Palaces, I came to my own conclusion about why and how this happens, and perhaps I jumped to conclusions about the entire floating weeks and point systems. I hadn't thought of a floating weeks or points system that is actually honest, but now you are telling me that there are some, and that makes me happy.
Good. Thanks for correcting me. It is good to know that there are some good resorts with floating weeks and/or points...
Please tell me which they are, so that I will feel more comfortable if I ever want to trade or rent into one of them in the future.
In any case, I advise anybody that buys into a floating weeks or points system that this should be very clearly specified in the contract, that they will not oversell the resort.
Sally, if your contract says this, then I really (really) do think you made a good buy. If not, someday you will wake up to reality. You keep on telling us about the tough world and reality, but you don't seem to see that it's your own head that's on the block.
But then, assuming that there are resorts that have a floating week system, or a points system, and that it is written into the contract that there is not going to be overselling... WHAT IS THE ADVANTAGE of having a floating weeks or points system? Why not sell one-to-one, your specific time, your specific Villa, and then have an internal exchange for those who sometimes need to exchange or upgrade or downgrade? This is all of the good, and none of the bad, and there are no seeds of discord, as I think exist inherently in the floating weeks and points system.
EVEN IF there is a one to one correspondence in a floating weeks system, somebody is going to be left unhappy because they couldn't get exactly what they wanted, when they wanted it, or the view they wanted, or they couldn't go the week their friends were going to go, etc. None of this happens if everybody owns their specific week and specific Villa.
Maybe this thread should be discussed in a separate New Post...
T_R_Oglodyte said:
I am in the minority in TUG, because I believe that resorts that have floating week systems should bulk bank and not allow owners to select weeks for deposit. My rationale follows some of your thinking - the most demanded weeks should be reserved for owners. A bulk banking system effectively relieves some of the pressure on owner reservations for peak times.
It is certainly true that some floating resorts have oversold their inventory. But contrary to what you seem to be asserting, overselling is not intrinsic to floating week systems.
I don't see why the owners should not be allowed to select high season weeks for deposit. If you bought RED weeks, you have to be allowed to pick a RED week and do whatever you want to with it. If you want to trade with me, you have to give me the weeks I want, or else you can't trade with me. I own VERY RED so I might want RED or BLUE but you should be allowed to pick one of those weeks and deposit it into R.C.I. or else I can't find those RED weeks I need to make a trade, either with you or through R.C.I. and if it is not there, I can't trade through R.C.I. either.
Sally should be able to reserve a week 7 in February, or a week 25 in July, rent it to me, and I should have 100% confidence that I will arrive and Sally's reservation will be honored, no questions asked.
According to Sally, if I buy a cheap week to stay at the Grand Mayan from her on e-Bay, I should not count on getting it because those are the facts of life, I haven't paid my dues, even though she has paid them for me, etc.
"Owners" should be no different than "Exchange Visitors" in any way. I was severely mistreated at Disney Vacation Village (DVC) many years ago, as an exchange visitor. I don't know if this has to do with the fact that it is a point system but in any case, I was asked to leave the swimming pool with my family at Wilderness Lodge. I would not have been asked to leave if I had been the owner who rented to me at Old Key West, where I was "only" an exchange guest....
For your information, the owner who rented to me had recommended that I should go visit Wilderness Lodge, and I could have a good time in their pools... The owner and many other DVC members were shocked at my mistreatment... In any case, that is the last time I ever visited Disney Vacation Village, which I think is a great place to visit... but go as an owner, or don't go. Now that I know the rules, that I am a second class citizen at Disney Vacation Village, I choose to go elsewhere where I am welcome. - Ellis