If you’re looking to invest in a vacation ownership program, Wyndham Vacation Ownership may be a great option for you. This company has been in the timeshare industry for over 50 years and offers a wide range of properties to choose from. Here’s how their program works:
What is Wyndham Vacation Ownership?
Wyndham Vacation Ownership is a timeshare company that allows members to purchase vacation ownership interests (VOIs) in their resorts. These VOIs entitle members to use a specific unit at the resort for a set period of time each year.
How does it work?
When you become a member, you’ll purchase a specific number of points that can be used towards booking vacations at any of Wyndham’s resorts. The number of points you’ll need for each vacation will vary based on factors like the resort location, size of the unit, and time of year.
You can use your points to book vacations up to two years in advance, and you have the flexibility to book shorter or longer stays depending on your needs. If you don’t use all your points in one year, they can typically be carried over into the next year or even banked for future use.
What are the benefits?
One of the biggest benefits of Wyndham Vacation Ownership is flexibility. You can choose from over 220 resorts worldwide, so you’re not limited to just one location. Additionally, since you’re purchasing points rather than a specific unit or week, you have more control over when and where you vacation.
Another benefit is access to Wyndham’s exchange program. If you want to visit a location outside of Wyndham’s network, you can exchange your points through companies like RCI or Interval International.
What are the costs?
The cost of membership will depend on factors like the number of points you purchase, the resort location, and any financing options you choose. You’ll also be responsible for annual maintenance fees, which cover things like property taxes and upkeep.
It’s important to carefully consider the costs before investing in a vacation ownership program. Make sure you understand all the fees involved and that they fit within your budget.
Conclusion
Wyndham Vacation Ownership can be a great option for travelers who want flexibility and control over their vacations. By purchasing points, you have more options when it comes to resort locations and vacation lengths. Just make sure to carefully consider all costs before making a decision.