Many timeshare owners are unaware that they may be able to use their timeshare to exchange for a cruise vacation, or that their vacation ownership may entitle them to a discounted rate for cruises. In order to compete with many of the discount vacation websites that are popping up, timeshare exchange companies and vacation club memberships such as RCI, Hilton Grand Vacation Club and Interval International have started offering cruise vacations as perks for membership.
A website has been created – RCI Class Action Lawsuit – to help inform consumers regarding the latest RCI settlement proposal, and effectively spread the word on exactly what RCI is proposing. The site is an excellent source for information for all RCI Weeks members (both past and present week owners) looking to decode the complicated legal jargon RCI is pressing to have passed through the court system. I urge all weeks members to visit the site and carefully digest all of the facts presented, and make an educated decision on whether or not to accept or reject the settlement. This suit is time-sensitive and if you are an objector you must act before November 20, 2009.
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Founded in 1974, RCI has been a pioneer of the concept of timeshare exchange vacations. RCI has more than three million members worldwide, who enjoy vacations at RCI’s over 3,700 affiliated resorts. R.C.I. time share owners and resorts are a unique community of travel enthusiasts that value timesharing as a great way to get their money’s worth while traveling. RCI members benefit from the knowledge, experience and resources of RCI’s Guides, who provide assistance in the planning of exchange vacations. RCI provides the opportunity for exchange vacations, which allow members to discover new places and enjoy the freedom of resort vacationing all over the world. RCI is considered within the timeshare industry as the global leader in vacation exchange.
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Many timeshare owners and potential buyers are given misinformation regarding what exactly a timeshare exchange company does for its members, and the benefits of taking part in a traditional exchange program. For example, did you know that as a timeshare owner you have the right to go with any exchange company that deals with your resort? Did you know that there are many small exchange companies out there offering no enrollment dues or exchange fees? I have spoken with many timeshare owners that believed because they signed up for a Resort Condominiums International membership when they first purchased your timeshare, that they needed to conduct all of their future trades through RCI. While I am sure it is lucrative for RCI to convince its members that they need to continue to renew their membership with them, it simply is not true. It is time to separate the facts from fiction and find out the truth about timeshare exchange companies.
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It seems that no two RCI timeshare packages are the same; one person may have a set week every year with an additional two bonus weeks to use, while another person may have points that renew every other year with two weeks of extra vacations. Make sure you know exactly what your timeshare includes, so you can utilize the time to its fullest potential – rest assured that RCI will not go out of their way to remind you of any bonus time you have left over. Once you know what kind of time you are working with, you can explore the many ways RCI has for members to utilize extra weeks or points they may have accrued.
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