
Vacation Clubs offer highly flexible use of multiple resorts, subject to certain advance reservation priorities and rules. The principles of timeshare or fractional ownership still apply – the consumer purchases just what they need and intend to use. The consumer is still purchasing future holidays, but, with a Vacation Club, the consumer would then also own a membership that entitles him or her to exchange the value of their interest for a vacation interval at another resort within the club. Many Vacation Clubs also provide the ability to exchange their interval with other Vacation Club or Timeshare owners through there affiliation with an exchange company like RCI or Interval International.
Vacation Clubs are an increasingly popular way for developers to add value to the vacation ownership product by providing specific consumers with both an ownership interest in real property or a right to use, and multi-site flexibility. Hotel owners and operators often consider membership clubs as an opportunity to diversify their product mix and generate front-loaded revenue streams. FNTC America’s solutions and services provide vacation club members and managers a wide range of operational and transactional benefits by attracting new customers, increasing customer loyalty, facilitating cross-selling, improving ownership stability, increasing year round occupancy levels, maximizing resort profitability and controlling transactional costs.
FNTC America act as trustee and provide trustee services to the Timeshare and Shared Ownership Industry. Collaborating with resort developers legal advisors, FNTC design and implement flexible and cost effective solutions to support Vaction Clubs, Timeshare resorts, Home Owners Associations, Management Companies and Hotel Groups.
For more information on how FNTC America can help your business please email FNTC America or contact by phone at (+1) 866 978 2571
