Renting a timeshare out for special events

[sile]

We have a points-based timeshare with Grandview in LV. We can't really make use of the timeshare right now, so we've been thinking about renting it out.

So far, it appears that timeshare rentals tend to be flexible. What we'd like to do is use our points to reserve units during special events (NASCAR, PGA tour, etc), then rent out out reservation for the event.

Is this feasible? Has anybody tried it?

Thanks in advance for the assistance.

 

[DeniseM]

Many people here rent their timeshares. The problem with renting in Las Vegas is that with more than 30 timeshares, there is more supply than demand.

Here is a current thread on the topic - http://www.tugbbs.com/forums/showthread.php?t=157490

 

[Karen G]

It can't hurt to give it a try. Be prepared to maybe use it yourself if you aren't able to rent it out. You'll have a lot of competition including RCI Extra Vacations where Grandview rentals often appear at bargain prices.

 

[tschwa2]

We have a points-based timeshare with Grandview in LV. We can't really make use of the timeshare right now, so we've been thinking about renting it out.

So far, it appears that timeshare rentals tend to be flexible. What we'd like to do is use our points to reserve units during special events (NASCAR, PGA tour, etc), then rent out out reservation for the event.

You can't use your points to reserve units through RCI and then rent them out. You can only use your deeded week to rent out. If your resort allows you to reserve 2 split weeks Fri-Mon (3 nts) and Mon-Fri (4 nts) you can also rent that out.

 

[AwayWeGo]

Easier Said Than Done. (Then Again, Isn't Everything?)

The weenie is that if you use your Grandview points to get a Grandview reservation, then that's an RCI reservation. By rule, renting out RCI reservations is not permitted -- even when the reservation is for exchanging back into your own timeshare.

Renting out your own deeded time at Grandview (instead of taking the points) is OK -- but as stated your rental offers will be in competition with RCI Last Call & Extra Vacation offerings.

Full Disclosure: We were at Grandview At Las Vegas last week on RCI Last Call. Had a wonderful time.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​