Timeshare Exchanges: A Guide
It has been stated that eighty percent of timeshare owners consign their weeks to exchange while the remaining twenty percent spend it on their home resorts. presuming that the Owner Occupancy Level is at 20%, then it is expected that getting a trade to whatever you want is quite simple.
It is conversely unfortunate as resorts no longer have low OOL’s. As a matter of fact, most resorts during certain times of the year have an OOL of up-to ninety percent. This is how a timeshare owner can quickly get to determine the OOL and probability of getting the exchange they want.
Since some big clubs have launched their point programs you could count on high OOL in the high priced and top of the game timeshares. It is much easier to get this information during the festive seasons as this is when most people are looking to get booked into resorts and clubs with their families.
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If somebody pays a lot of money to spend at a resort, then clearly it is hard for them to get an exchange to another resort as it is they have already made their payments. Owner Occupancy levels are expected to be very high with such customers. But if this person maybe decides to go to some different place say maybe different country and takes their family with them then they are more likely to try out the exchange systems which in turn opens up availability to the rest of us.
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Nevertheless, the buying price is not the only factor in the case of a high OOL. Some resorts are known to have high OOL during all seasons, and hence this makes it difficult to get reservations.
One is not likely to get an exchange at a timeshare club as this is considered very hard. This is because club owners do not have to use RCI or II to transfer to other resorts within the club. Because of this reason, clubs have a great OOL.
Confirming the OOL of an individual resort during the time you are planning on attending is now very simple to all. Try getting this information from RCI and II but be sure to get the right advisors. RCI might not have access to all the information one needs about different resorts. Calling the resort by yourself is also an option you could consider.
Lastly, it does not mean that if a resort has a high OOL in a particular year then it’ll remain like that for all the following years to come. In addition, nowadays there are so many resorts which are of interest, and you need not worry about missing out on getting a good resort for your vacations. Resorts situated in the major metropolitan areas are likely to have high OOL. Most people do not want to travel far these days, so they just opt to settle in resorts that are close by.