Despite the inevitable downturn in 2020, Disney Vacation Club still achieved its third-best month for sales in the pandemic era during 2021. Â
These booming sales figures are a testament to the longevity and popularity of this timeshare scheme. So, if you’re considering signing up for a vacation product, DVC could be a good choice for you.Â
Keep reading to find out more about how DVC Points work and if they’re the best option for you.Â
How Are Points Different to Timeshare?
When timeshare initially came into being, owners bought a fixed week. This means they vacationed every year at the same time and in the same resort.Â
Before long, this system proved to be too restrictive for many owners, and the timeshare developers responded by coming up with resort exchanges.
Resort exchange companies offer the opportunity to swap your existing week for one of the same value at a different resort.
Soon, this concept evolved again and timeshare developers started offering an exchange system of their own. Now, people could buy points, which are a type of holiday currency.
Through this system, each week at a resort has a points value based on its desirability and time frame. You can see how this works by looking at the Grand Floridian points charts as an example.Â
Now timeshare owners could trade in their weeks with a timeshare club and holiday at alternative destinations anywhere in the world. They could also sign up as members of these clubs by purchasing vacation club points to use at resorts owned by the developer.
In exchange for this privilege, members pay annual fees that contribute to the upkeep of the resorts.Â
How Do DVC Points Work?
Disney Vacation Club is one of the companies offering this convenient vacation planning solution for its members. When you buy into this scheme, you initially buy Disney points at a Home Resort of your choosing.
This gives you the benefit of booking your vacations at this resort ahead of members with different home resorts. Your choice of home resort affects your annual fees as well as the trading power of your points.
You must use your points within a year, or they expire. With DVC, each resort year runs according to a specific use year, which determines how and when you use your points.Â
If you can’t use your points within a specified year, you can save them to use next year, if you notify the club in advance. You can also space bank them with Interval International to use at other resorts.
You can book a full week, mid-week, or weekend vacation at most resorts during out-of-season periods.Â
The final option for points owners is renting out their points to the public to cover some of the fees associated with timeshare ownership. Renting out DVC points is a great option especially for those who are having problems in keeping up with the payment of the many fees that come with timeshare ownership. This will keep owners from being a part of the many who have missed payments over time and eventually have timeshares that default.
Maximizing Your DVC Membership
The best thing you can do with your DVC points is to enjoy the magical experiences on offer at the prestigious DVC resorts with your family.Â
When you vacation at these properties, you get to enjoy a wealth of cost-saving benefits, including nearby access to some of the world’s best theme parks.Â
If a timeshare getaway isn’t your cup of tea, browse our website for more of the best vacation ideas.
Facebook
Twitter
Instagram
LinkedIn
RSS