Holiday Inn Vacation Club: Timeshare Guide & Travel Benefits

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Holiday Inn Vacation Club: Timeshare Guide & Travel Benefits

Introduction: What is Holiday Inn Vacation Club?

Holiday Inn Vacation Club is a timeshare program. It is part of the IHG Hotels & Resorts family. IHG is a big hotel company. The program offers vacation ownership. Members buy points or weeks at resorts. They use these for vacations every year. The program started in 1999. It has grown a lot since then. Today, it has many resorts across the United States. Some are in popular vacation spots. These include Florida, Arizona, and South Carolina.

Timeshares are a way to prepay for vacations. You pay once to own a share of a resort. Then you pay yearly fees. In return, you get a guaranteed vacation spot. Holiday Inn Vacation Club makes this simple. It uses a points-based system. This gives members flexibility. You are not tied to one resort or one week. You can choose where and when to go. This guide will explain everything. We will cover how it works. We will discuss the costs and benefits. We will also share tips for potential buyers.

Many people enjoy timeshares. They like having a regular vacation. It becomes a family tradition. Holiday Inn Vacation Club offers quality resorts. They have comfortable rooms and good amenities. The brand name is trusted. IHG is known for good service. This program brings that to vacation ownership. But it is a big decision. You should understand it fully before buying. This article will give you all the information you need.

How Holiday Inn Vacation Club Works

The system is based on points. Members buy a certain number of points. These points are like vacation currency. You use them to book stays. The number of points needed depends on the resort. It also depends on the room size and season. Points are renewed every year. You get the same amount each year. You can also borrow points from next year. Or you can save points for two years. This gives you planning options.

The Points System Explained

Points are the heart of the program. When you buy, you choose a points package. Common packages are 5,000, 7,500, or 10,000 points. More points cost more money. Each point has a value. You use it to book nights. A studio room in low season might cost 5,000 points for a week. A two-bedroom in high season might cost 20,000 points. The club provides a points chart. This chart shows costs for all resorts and seasons. You can see it on their website.

Booking is done online or by phone. You log into your account. You search for available dates. Then you use your points to confirm the booking. It is similar to booking a hotel. But you use points instead of cash. Points can also be used for other things. You can use them for hotel stays at IHG properties. You can use them for cruises or airline miles. This is called the IHG Rewards Club partnership. It adds more value to your points.

Types of Ownership

There are two main types of ownership. The first is deeded ownership. This means you own a real estate interest. It is usually for a specific week at a specific resort. The second is points-based ownership. This is more common in Holiday Inn Vacation Club. You own a right to use points each year. This is not a real estate deed. It is a right-to-use contract. Both types have pros and cons. Deeded ownership can be sold or passed on. Points ownership is more flexible.

Your contract lasts for a certain term. Many contracts are for 10, 20, or 30 years. Some are even for life. You must pay maintenance fees every year. These fees cover resort costs. They include cleaning, repairs, and taxes. Fees can increase over time. This is an important cost to consider.

Benefits of Joining Holiday Inn Vacation Club

There are many benefits to joining. The first is predictable vacations. You know you have a place to stay each year. This is great for family planning. The second is quality accommodations. Holiday Inn Vacation Club resorts are well-maintained. They often have full kitchens and living areas. This is better than a standard hotel room. You can cook meals and save money.

Another benefit is the exchange network. Holiday Inn Vacation Club is part of RCI. RCI is a global timeshare exchange company. This means you can trade your points. You can use them at thousands of other resorts worldwide. You can go to Europe, Asia, or the Caribbean. This greatly expands your options. You are not limited to Holiday Inn resorts.

Members also get discounts on other travel. You can get lower rates on rental cars. You can get discounts on theme park tickets. The program often has special offers for members. There are also member events and parties. These can make vacations more fun. The sense of community is a benefit too. You meet other members who love to travel.

Comparison with Traditional Timeshares

Traditional timeshares are often fixed-week. You own the same week every year. Holiday Inn Vacation Club is more flexible. The points system lets you choose different times. You can also choose different resorts. This is a big advantage. Traditional timeshares can be hard to trade. The RCI network makes trading easier. Holiday Inn is also a trusted brand. Some timeshare companies are not well-known. This can be risky for buyers.

A study by the American Resort Development Association (ARDA) shows satisfaction. Timeshare owners report high satisfaction levels. Over 85% are happy with their purchase. They like the quality and consistency. Holiday Inn Vacation Club likely follows this trend. Their resorts receive good reviews from owners.

Costs and Financial Considerations

Buying a timeshare is a big financial decision. You need to understand all costs. The first cost is the purchase price. This is the upfront payment for your points. Prices vary based on points amount. They also vary based on the resort. A typical price might be $10,000 to $20,000. Sometimes you can pay in installments. There is often financing available. But financing adds interest costs.

The second cost is annual maintenance fees. These fees are mandatory. They cover the operation of the resort. Fees are divided among all owners. The average fee is about $500 to $1,000 per year. But it can be higher for premium resorts. Fees tend to increase each year. This is due to inflation and rising costs. You must budget for this yearly expense.

There are also other potential costs. These include special assessments. If a resort needs a big repair, owners might pay extra. There are also exchange fees if you use RCI. Booking fees might apply for reservations. You should read the contract carefully. It will list all possible fees.

Is It a Good Investment?

Timeshares are not good financial investments. They usually lose value over time. Reselling a timeshare is difficult. The resale market is flooded. You often sell for much less than you paid. A report by the Federal Trade Commission (FTC) warns buyers. Timeshares are a purchase for lifestyle, not profit. You should buy only if you want vacations. Do not buy to make money.

Consider the total cost over time. Add the purchase price and 20 years of fees. Compare that to renting similar vacations. For some people, owning is cheaper. For others, renting is better. It depends on how much you travel. It also depends on your vacation preferences.

Popular Holiday Inn Vacation Club Resorts

The club has many resorts in great locations. Here are some of the most popular ones:

  • Orange Lake Resort in Orlando, Florida: This is a huge resort. It has four golf courses and multiple pools. It is near Disney World. Families love this location.
  • Scottsdale Resort in Arizona: This resort is in the desert. It has beautiful views and great weather. It offers golf and spa services. It is perfect for a relaxing getaway.
  • Myrtle Beach Resort in South Carolina: This is a beachfront property. It has ocean views and direct beach access. Myrtle Beach has many attractions. This resort is great for summer vacations.
  • Gatlinburg Resort in Tennessee: This resort is in the Smoky Mountains. It is ideal for nature lovers. You can go hiking and see wildlife. The fall colors are spectacular.
  • Lake Geneva Resort in Wisconsin: This is a lakeside resort. It offers water sports and fishing. It is a popular spot for Midwest families.

Each resort has its own character. They all have standard Holiday Inn quality. Rooms are clean and comfortable. Most have full kitchens and separate bedrooms. This is great for families or groups.

Real Member Experiences

Many members share their stories online. John from Ohio says, "We go to Orlando every year. Our kids love the pools at Orange Lake. Having a kitchen saves us money on food." Sarah from Texas says, "We traded our points for a week in Spain. It was amazing. The process was easy through RCI." These stories show the program's value. But there are also negative stories. Some people feel trapped by yearly fees. Others find booking difficult during peak seasons. It is important to hear all sides.

Practical Tips for Potential Buyers

If you are thinking of buying, follow these tips. They will help you make a smart decision.

1. Research Thoroughly

Do not buy on impulse. Timeshare sales presentations are high-pressure. They offer gifts for attending. Take your time to think. Research online. Read reviews from current owners. Visit the Timeshare Users Group (TUG) website. It is a good resource for unbiased information.

2. Consider the Resale Market

Buying resale can save you money. Many owners want to sell. You can find listings on websites like eBay or RedWeek. Resale prices are much lower. Sometimes you can get points for 50% less. Be careful of scams. Use a reputable timeshare resale company.

3. Rent First

Try before you buy. You can rent a timeshare week from an owner. This lets you experience the resort. You can see if you like the system. Many owners rent out their unused weeks. Websites like RedWeek offer rentals.

4. Understand the Contract

Read every word of the contract. Pay attention to the fine print. Understand the fee structure. Know the cancellation policy. In many states, you have a right to cancel. This is called a rescission period. It is usually 3 to 10 days. You can cancel for any reason in this period.

5. Calculate the True Annual Cost

Add the yearly maintenance fee to your travel budget. Divide your purchase price by the number of years. Add that to the yearly fee. This gives you the real annual cost. Compare this to hotel costs. Is it worth it for you?

6. Plan for the Long Term

Timeshares are long-term commitments. Think about your future. Will you still want to go to the same places in 10 years? Will your family situation change? Make sure it fits your long-term plans.

Step-by-Step Guide to Buying

If you decide to buy, follow these steps:

  1. Attend a Presentation: Often you need to attend a sales tour. You will get a tour of the resort. A salesperson will explain the program. Listen but do not feel pressured.
  2. Choose Your Points Package: Decide how many points you need. Consider how you will use them. A smaller package might be enough if you travel in low season.
  3. Review the Contract: Take the contract to your room. Read it carefully. Do not sign on the spot. Ask questions about anything unclear.
  4. Use Your Rescission Period: If you sign, you can still cancel. Send a cancellation letter within the legal period. Send it by certified mail. Keep a copy for yourself.
  5. Complete the Purchase: If you are sure, complete the payment. Set up your account online. Start planning your first vacation.

FAQ Section

1. What is the difference between Holiday Inn Vacation Club and Holiday Inn hotels?

Holiday Inn hotels are for short stays. You book a room for a few nights. Holiday Inn Vacation Club is for longer vacations. You own a share in a resort. You can stay for a week or more. The resorts have more space and amenities.

2. Can I use my points at any Holiday Inn hotel?

Yes, but not directly. You can convert your points to IHG Rewards points. Then you can use them at IHG hotels. This includes Holiday Inn hotels. The conversion rate is set by the club. It may not be the best value. Using points at resorts is usually better.

3. What happens if I cannot use my points in a year?

You have options. You can save points for next year. The club allows a one-year save. You can also rent your week to someone else. Or you can donate your points to charity. Some programs allow this.

4. Are there any hidden fees?

The main fees are the purchase price and maintenance fees. But there are other fees. These include reservation fees, exchange fees, and guest certificate fees. Ask for a full list of fees before buying.

5. Can I sell my timeshare if I no longer want it?

Yes, you can sell it. But it can be hard. The resale market has many listings. You will likely sell for less than you paid. Be wary of companies that promise quick sales for high fees. They are often scams.

6. Is financing available for the purchase?

Yes, the club offers financing. But the interest rates can be high. It is better to pay cash if possible. If you finance, treat it like any other loan. Understand the terms and total cost.

7. How does the RCI exchange work?

You pay a fee to join RCI. Then you deposit your points into the RCI system. You search for available weeks at other resorts. When you find one, you confirm the exchange. There is an exchange fee for each trade. Popular resorts and seasons require planning ahead.

Statistics and Industry Data

The timeshare industry is big. According to ARDA, in 2022:

  • There were over 1,500 timeshare resorts in the United States.
  • About 10 million families owned a timeshare.
  • The average occupancy rate was about 80%.
  • The industry contributed billions to the economy.

A study by the American Hotel & Lodging Association shows trends. Vacation ownership is growing. More people want predictable vacations. They like the space of a resort. The flexibility of points systems is popular. Holiday Inn Vacation Club is part of this trend.

Conclusion: Is Holiday Inn Vacation Club Right for You?

Holiday Inn Vacation Club offers a way to secure yearly vacations. The points system provides flexibility. The resorts are in good locations. The quality is consistent. For families who travel every year, it can be a good choice. It simplifies vacation planning. It offers more space than a hotel room.

But it is not for everyone. It is a long-term financial commitment. The yearly fees are ongoing. The resale value is poor. You should only buy if you love to travel. You should be sure you will use it for many years.

Do your homework. Research the resorts. Consider renting first. Look at the resale market. Calculate the true cost. If it makes sense for your family, it can bring years of happy memories. If not, there are other ways to vacation. The goal is to enjoy your time off. Choose the option that gives you the most joy for your money.

Remember, a timeshare is a lifestyle purchase. It is not an investment. Go in with your eyes open. Understand what you are buying. Then you can make the best decision for your future travels.

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