If you’re a member of the Holiday Inn Vacation Club and are looking to leave, there are a few things you should know. While it is possible to exit the club, the process can be complex and may come with some financial consequences.
Understanding the Holiday Inn Vacation Club
The Holiday Inn Vacation Club (HIVC) is a timeshare program that allows members to purchase points and use them to book stays at various resorts around the world. Members can also exchange their points for stays at other resorts outside of the HIVC network.
Why Do People Want to Leave?
There are several reasons why someone might want to exit the HIVC. For instance, they may no longer be able to afford the annual maintenance fees or have found that they aren’t using their membership as much as they thought they would. Others may have experienced issues with booking availability or customer service and are looking for a way out.
What Are Your Options?
If you’re looking to leave the HIVC, there are a few options available:
- Sell your membership: You can try selling your membership on online marketplaces like eBay or Craigslist. However, keep in mind that there is no guarantee that you’ll find a buyer and that you may need to sell your membership for less than what you paid for.
- Transfer your membership: You can also transfer your membership to someone else.
The HIVC offers a program called “Holiday Inn Club Connect” which allows members to transfer their ownership rights to another person.
- Exit through the HIVC: Finally, you can also exit through the HIVC directly. The company offers an exit program called “Holiday Inn Club Resolution” which allows members who meet certain criteria to terminate their membership.
What Are the Financial Consequences?
Exiting the HIVC may come with some financial consequences. For instance, if you choose to sell your membership, you may need to do so at a loss. Additionally, there may be fees associated with transferring your membership or exiting through the HIVC’s program.
Conclusion
While it is possible to exit the Holiday Inn Vacation Club, it’s important to carefully consider all of your options and understand any financial consequences that may come with them. If you’re unsure about how to proceed, it may be helpful to consult with a legal or financial professional who can provide guidance.