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| Your Location: Timeshare Users Group Advice: Vacation Internationale's Vacation Timeshare Program |updated: 4/28/08 |
Vacation Internationale’s Vacation Time Share (VTS) Program
Vacation Internationale’s timeshare
program is actually called Vacation Time Share (VTS), but is most often
referred to as either Vacation Internationale or simply VI.
The
VTS program is one
of the oldest timeshare programs in the United States.
Opening in 1974 as
a floating week timeshare in Hawaii, they soon added additional
resorts.
By 1976, there were a total of four resorts. Bob Ringenburg
(one of the two
founding owners) decided there had to be an easier and more flexible
way for
the members to use their week. Thus, the ex-Boeing engineer
went to work
on developing the very first timeshare point system. Today, there are 34 resorts in the VTS program and the
original point system is still in effect. The point system
allows members
to stay as little as one day (in most cases) or up to several weeks at
any one
resort OR island hop in Hawaii, by staying a few days at several
different
resorts (this however
will result in maid fees).
Point
System
Each year your allocation of points is deposited into your
account. You
have 12 months in which to use your points or they will be
forfeited. You
can avoid this by having this problem by having your account(s) in the
automatic “Time Bank”. The Time Bank allows you to use your
points in a
three-year window rather than the standard 12-month window. You may
also borrow
ahead from your next year (as long as you time bank)
Point
Usage
Reservations may be made from 2 days –365 days months in
advance. There
are always at least 3 seasons used at each of the 34
resorts, Prime, Choice and Quiet. Most VI
resorts
have studio, 1 bedroom and 2 bedroom units. The amount of points one
could use
at the different resorts is almost as varied as the number of resorts
in the
VTS system, but typically, the studios
average 59-77 points per week, the 1 bedrooms 77-105
points per week and
the 2 bedrooms 94-133
points per week.
Membership
Costs
Operating Fund: More commonly referred to as a maintenance fee, it
includes on
site management and check in; maid and linen service; interior
maintenance and
repairs; HOA fees; utilities; property taxes, insurance; land leases;
reservation services; off site resort administration management fee;
and
refurbishment reserves to refurbish and upgrade every unit every five
years. The 2007-2008 operating fund is $6.56
per point.
Maid
Points:
Each unit
has a maid point fee based upon size, a studio is 70
points, a 1 bedroom is 91
points and a 2 bedroom is 112.
These
point cover from 1 to 8 night stays. Each use of a suite will incur
maid
points. (except bonus time rentals)
Your annual points will have a corresponding number of maid points. If
for
example you choose to use you points during a low season, you may use
more maid
points than regular points. i.e. The
Hololani on Maui during the Quiet
Season a 2 bedroom unit for 7 nights would be 94.5 annual
points , but the
maid points will be 112. You will need to rent any maid points over
your annual
allowance.
Time
Bank:
As
mentioned earlier, it allows you to use your allocated points in a
three-year
window rather than a one-year window. You must bank your
points at least
10 months prior to the start date of your allocated points, but once
done can
be banked automatically each year (if requested).
Bonus
Time:
Within 15
days of check in, rentals of excess units are available on a 1st
come 1st served basis at very affordable rates.
Direct
Owner
Exchanges
( DOE program)
VI
accepts
any red or white week in the US, Canada, Mexico, or Europe for deposit.
You
will receive
|
Studios |
70 |
|
1
Bedroom |
91 |
|
2
Bedroom |
112 |
|
3
Bedroom |
133 |
In
order to
make a deposit you will need to use the on line form, pay the $125 fee
and
agree to add any exchanger as your guest and furnish updated check in
confirmations. These
deposits are available to VI owners as exchanges for the same point
values, plus
$125 per week exchange fee. There
have
been some daily exchanges available from some of the World Mark
resorts. The
costs vary.
Resorts
in
the VTS System
#
Blackbird Lodge WA
#
The Clock Tower BC
#
The Cove at Yarmouth MA
#
Cypress Pointe FL
#
Elkhorn Village / Indian Springs ID
#
Embarcadero OR
#
Fairway Villa HI
#
Hololani
HI
#
Kapaa Shore HI
#
Kihei Kai Nani HI
#
Kingsbury of Tahoe CA
#
The Lodge at Lake Tahoe CA
#
Marina Inn CA
#
The Oasis CA
#
Papakea
HI
#
The Pines / Kittyhawk OR
#
Point Brown WA
#
Pono Kai
HI
#
Riverview
MA
#
Royal Kuhio HI
#
Sand Pebble FL
#
Sea Mountain HI
#
Sea Village
HI
#
Sedona Springs AZ
#
Tahoe Beach & Ski Club CA
#
Torres Mazatlan MX
#
Vacation Internationale at Terrell
Creek WA
#
Vallarta Torre MX
#
Valley Isle HA
#
The Village at Steamboat CO
#
The Village of Loon Mountain NH
#
Villas at Poco Diablo AZ
#
Villas de Santa Fe NM
#
Villas of Sedona
AZ
There are several
types of
ownerships in the resale market. The originals were sold as a right to
use,
many of them were for 30 years. In recent years they have
been
selling perpetual RTU’s. Be aware when purchasing, of the
time left to use. VRI (Vacation Resorts International)
was hired as the management company in 2004 andThey have done a great
job of
upgrading the units/resorts. There is talk that somehow the
VI
resorts and the VRI (alsoORE/MROP) may be combines in an internal
exchange
company. This has yet to materialize. At the present time RCI or any of
the
independent trade companies are how you can make external trades.
-----------
You
can find more information and discussion about Vacation
Internationale's system along with all other timeshare systems on the TUGBBS
online Timeshare community forums where it is always free to
join and get questions from owners and experts on any timeshare related
issue!
Send comments/feedback by email to: tug@tug2.net Timeshare Users Group
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Phone: (904) 298-3185
Homepage updated Apr 23, 2008 by B. Rogers - Send email regarding this page to tug@tug2.net