kpbadger
TUG Member
- Joined
- Jan 26, 2023
- Messages
- 2
- Reaction score
- 4
- Points
- 53
- Resorts Owned
- Holiday Inn Club Vacations at Lake Geneva
We're preparing to list our points from HICV at Lake Geneva for sale (purchased a TUG membership to list here). I understand there are some nuances about this particular resort when it comes to Holiday Inn Club transfers. I just want to make sure I understand all this so I don't give misinformation to anyone.
We have points from Lake Geneva from a purchase back in 2005 when it was still the Marcus Vacation Club. From what I have read, if someone buys a HICV contract resale, that only allows them to book at their own resort, not all HICV resorts. But what I further read, Lake Geneva is one of a small number of resorts for which this is not true, meaning someone could buy these points and still be able to book at any HICV property just like I do. Is this correct? Can someone provide a brief explanation of why this is true?
I have also read words to the effect of "Lake Geneva is one of the resorts that still has residual value upon resale." Is this because of the same "special" consideration with regard to the HICV points, or is there something else at play here?
I admit feeling like a fool for coming here to learn what exactly I bought, 18 years after I bought it, so I am grateful for any advice that you may have to offer. Thanks in advance!
We have points from Lake Geneva from a purchase back in 2005 when it was still the Marcus Vacation Club. From what I have read, if someone buys a HICV contract resale, that only allows them to book at their own resort, not all HICV resorts. But what I further read, Lake Geneva is one of a small number of resorts for which this is not true, meaning someone could buy these points and still be able to book at any HICV property just like I do. Is this correct? Can someone provide a brief explanation of why this is true?
I have also read words to the effect of "Lake Geneva is one of the resorts that still has residual value upon resale." Is this because of the same "special" consideration with regard to the HICV points, or is there something else at play here?
I admit feeling like a fool for coming here to learn what exactly I bought, 18 years after I bought it, so I am grateful for any advice that you may have to offer. Thanks in advance!