WorldMark timeshare Club property
History of the brand:
WorldMark by
Trendwest, this holiday was originally called point-based club founded in 1983
by Jeld-Wen Inc., a private window and door manufacturer in Klamath Falls, Oregon.
By the end of the 1980s, selling timeshare on Eagle Crest began to rise and
Jeld-Wen assigned William f. comb with the task of developing a program
extended timeshare. He has conducted interviews with the owners of timeshare
Eagle Crest and discovered that many owners just wanted more flexibility in
their property. Jeld-Wen at the end of 1989, a company called Trendwest has
that sold the product to the timeshare shared WorldMark the Club, which is considered
to be the first system of points based in the industry!
The unique system
has flourished, annual sales more than $ 45 million in 1993 and overshadowed
the sum of $ 100 million brand in 1996 to reach! In 2002, was acquired by
Cendant Corporation Trendwest mammoth-owned trademarks, RCI, timeshare Fairfield and Wyndham.
Wyndham, WorldMark today is owned by the Corporation (stock ticker WYN) and has
over 270,000 members.
WorldMark Timeshare Resorts:
WorldMark allows
stations in both high-traffic tourist markets such as Orlando,
New Orleans, Las Vegas
and Anaheim-and
a huge selection of reader to locations within a few hours of urban areas.
WorldMark been very selective in the drives, they acquire have a crowned Golden
Crown and a five star resorts in the whole system. Many drives is shared
development properties that may also the property if the property notarized on
individual train station or as part of another affiliate point such as Wyndham
Vacation Club system.
Affiliate and
reciprocal agreements are still subject to future changes, but at the time of
writing this article the WorldMark vacation destinations include the following
features:
WorldMark the Club:
WorldMark Bison
Ranch in Overgaard
WorldMark Pinetop
WorldMark Rancho Vistoso Oro
Valley
WorldMark Cascade
Lodge Whistler
WorldMark
Whistler Sundance
Canadese
WorldMark in Vancouver
WorldMark Victoria
WorldMark op
Angel Camp
WorldMark Bass Lake
WorldMark grote
beer in Big Bear Lake
WorldMark clear Lake in Nice
WorldMark Dolphin
Cove in Anaheim
WorldMark Indio
WorldMark Marina
Marina duinen
WorldMark Mission Valley
in San Diego
WorldMark Oceanside Harbor
op Oceanside
WorldMark Palm Springs
Beachcomber WorldMark
Pismo Beach
WorldMark San Diego
WorldMark San Francisco
WorldMark Solvang
WorldMark Windsor
WorldMark Estes Park
WorldMark
Steamboat Springs
WorldMark
OceanWalk in Daytona Beach
WorldMark
Kingstown Reef in Orlando
WorldMark Denarau
Island
WorldMark Kapaa
kust in Kauai
WorldMark Kihei Maui
WorldMark Kona in
Kailua
WorldMark Valley
Isle op Maui
WorldMark
uiteinde van pijl in Harrison
WorldMark McCall
WorldMark Galena
WorldMark New Orleans
Avenue Plaza
WorldMark koraal
Baja in San Jose del Cabo
WorldMark La
Paloma in Strand Rosarito
WorldMark Branson
WorldMark Lake van de Ozarks in Osage Beach
WorldMark West Yellowstone
WorldMark
LasVegas
WorldMark Las Vegas-Spencer Street
Tropicana Las
Vegas WorldMark
WorldMark Reno
Zuid-oever van
WorldMark Zephyr Cove
WorldMark Tahoe
in Stateline
WorldMark Grand Lake
in Afton
WorldMark walvis Pointe Depoe
Bay
WorldMark Eagle
Crest in Redmond
WorldMark
Gleneden-Gleneden strand
WorldMark
uitgevoerd Y Klamath Falls
WorldMark
schoener landing in Newport
WorldMark Seaside
WorldMark New Braunfels
WorldMark Bear Lake in Garden City
WorldMark Midway
WorldMark St. George
WorldMark Wolf Creek
in Eden
WorldMark herten Harbor
WorldMark Birch Bay,
Blaine
WorldMark Camlin
in Seattle
WorldMark Discovery
Bay om Townsend
WorldMark Lake
Chelan in de oevers van Lake Chelan
WorldMark
Leavenworth
WorldMark Long Beach
Ocean Shores dorp WorldMark Mariner
WorldMark
Surfside Inn in Ocean
Park
WorldMark Asia Pacific:
WorldMark Balarat
in Sebastopol, Victoria
WorldMark Trinity
links in Cairns, Queensland
WorldMark South Pacific
Bay, Coffs Harbour,
NSW
WorldMark Flynns
Beach in Port Macquarie, NSW South
WorldMark Golden Beach
in Queensland
WorldMark Kirra Beach
in Queensland
WorldMark
Esplanade waterfront in Lakes entrance, Victoria
WorldMark
Pokolbin Hill in Pokolbin, NSW
South Castle
WorldMark Port Macquarie in New South Wales
WorldMark Port Stephens Salamander
Bay, NSW South
WorldMark Marama
in Rotorua, New Zealand
WorldMark Seven Mile Beach, Tasmania
WorldMark
Trendwest Suites Sydney South NSW
WorldMark Lake Wanaka,
Wanaka New Zealand
WorldMark members
receive at present also mutual use on many Wyndham Vacation Club affiliate
stations, as well as various international holiday fair destinations.
Introduction to the property, system and use strategies:
The first line of
timeshare is that the property should never be considered as a financial
investment in real estate. Timeshare does not usually appreciate over time.
WorldMark the Club and WorldMark Asia Pacific are two separate companies, but
with a system of common booking annual credit assignments work together. Owners
in a single system can access stations in the other, but they have a slightly
smaller window of booking from their own system. Both systems are not
transferred properties to a specific allocation of the annual appropriations.
(The only exception to this would be the original owners of the Eagle Crest
Resort, which may have an underlying action.).
Almost all of the
properties are classified as premier memberships. Accessions premier retrieved
using the time bonus.
Seasons:
WorldMark follows
three denominations one season. During the high season they are red, white and
blue for the mid-season for the low demand season.
Exchange:
The easiest way
to book your WorldMark credits used another subsidiary of Club. To go outside
the Club member stations, a system for the exchange of third parties must be
used such as RCI, Interval International or a smaller independent system such
as SFX stations.
Annual fee:
Please consider
always annuities before making a timeshare purchase.
As a general
rule, the annual allocation of credits or points determines the annual
contribution (notarized by the original owner to Eagles Crest is the
exception). The fee consists of a basic amount, which then is adjusted by the
number of credits that belong. Most buyers who add to their current composition
credits would combine accounts to avoid this additional annual fee. After the
evaluation of the basic amount the owners pay an extra amount for every 2500
credits property.
The amount will be charged for the cost of maintenance of WorldMark in 2010 were:
7,000 credits = $
474,25
8,000 credits = $
584,81
9 000 credits = $
584,81
10,000 credits =
$ 584,81
11 000 credits =
$ 695,37
12,000 credits =
$ 695,37
13 000 credits =
$ 805,93
14 000 credits =
$ 805,93
15,000 credits =
$ 805,93
16,000 credits =
$ 916,49
17,000 credits =
$ 916,49
18 000 credits =
$ 1 027,05
19,000 credits =
$ 1 027,05
20 000 credits =
$ 1 027,05
You can see there
are certain levels to the point where a larger allocation has the same rights
as a lower level. Besides, you can still get the Bank or sell the unused points
from your account each year-give you more use or further reduce your annual
costs!
Cost of the
household must also be paid with every booking. Each owner will receive the
free household each year at least one service (a free token of household is
given for every 10,000 credits that belong).
Fresh WorldMark by household for 2010 were:
Studio/Hotel = $
44
1 bedroom hotel =
$ 58
2 Hotel room = $
67
Studio = $ 51
1 room = $ 67
Room 2 = $ 74
Bedroom 3 = $ 80
2 BR chalet = $
80
3 bedroom Chalet
= $ 89
2 BR Penthouse =
$ 95
3 BR Penthouse =
$ 110
4 BR Penthouse =
$ 125
3 Presidential BR
= $ 110
4 Presidential BR
= $ 125
Finally, systems
might also be indirect costs necessary for various services and transactions
such as RCI exchange certificates and deposits of system reviews.
Reservations:
Red season
bookings require a minimum of seven nights, when booking 91 days to 13 months
in advance the dates requested. This reserve can be shared between two or more
drives as a group booking reservation, but still must be at least seven
consecutive days. White and blue season reservations can be made up of 48 hours
prior to 13 months in advance the dates for use. There is no minimum period
required for these reservations, with the exception of weekend bookings only.
Weekend
reservations only require that the Friday and Saturday only when it is
available. As a different day of the week is booked in combination with Friday
or Saturday it does not constitute a booking weekend only (for example, a
reserve Thursday & Friday or Saturday, Sunday, Monday booking are both
acceptable!). Owners have a weekend only reservations about 5000 credits keep
in their account for each property.
Saving and borrowing of credits:
Once registered,
remains available appropriations for two years. WorldMark policy for
registration of credits are among the most friendly owner in the industry and
give you an incredible amount of flexibility and protection against the loss of
points for failure to use! You can use the WorldMark also borrow future funds.
If you have short credits for a reservation request, you can borrow from your
future use without having to pay in advance the cost of maintenance of the
following year.
Bookings for time bonus:
This privilege is
only available for memberships of Minister-president. These reservations are
made with money and require no cleaning fee. For 2010 was the rate for bookings
for time bonus $ 0.05 per credit, with a minimum fee of $ 30. per night.
Reservations can
be made 14 days prior to travel dates (five days or less if you book the
reservation made on behalf of the prompt) and you can continue up to a maximum
of four consecutive days. The weekend only book requirement for the extra time,
so applies if you have a Friday night by bonus-time book-you should also book
Saturday night, if it is available.
Owners may have
time booking only bonus pending at a time. However, you can use Group booking
reservations on multiple drives to reserves consecutive days. There is no restriction
on the total number of reservations each year bonus that you can, but members
may only make a reservation only bonus time weekend each quarter for every
10,000 credits property.
Time reservations alien Bonus:
This includes the
use of time bonus for stations in Hawaii, Fiji and San
Jose del Cabo. The cost of credit is the same as time reservations standard
bonus.
Reservations can
be made 30 days in advance travel dates and there are no restrictions for guest
bookings. You can stay up to a maximum of thirty consecutive days and can use
the principle of group booking to stay on multiple drives during this period
(this is a fantastic benefit to stations in Hawaii,
because it lets owners to island hop and explore the breathtaking Islands!). The weekend only book requirement for the
extra time, so applies if you have a Friday night by bonus-time book-you should
also book Saturday night, if it is available.
Owners may have
time booking only bonus pending at a time. However, you can use Group booking
reservations on multiple drives to reserves consecutive days. There is no
restriction on the total number of reservations each year bonus that you can,
but members may only make a reservation only bonus time weekend each quarter
for every 10,000 credits property.
WorldMark owner education program:
This is another
aspect of the WorldMark property that really impressed me! The Club regularly
offers free education workshops owners in many of their stations.
The article I quoted from http://vacation-times.org