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Original Message:

Re: I'm interested in buying Hilton or Hyatt VC - Why have so many hit the resale market? (by Lisa M.):

Kathi, in a system where you are buying a specific block of time, like Marriott, the season is EVERYTHING. In a points system, it really isn't. When you buy your TS, you are buying a deeded property for a specific week PLUS some more points. All that deeded property week does for you is guarantee your reservation (if you act in the allotted amount of time). If you don't choose to take it, oh well, no problem. So, really what you are buying is those points that can be used anywhere at anytime. Does it cost more points to use them at a resort during the supposed "platinum" season, absolutely! I think that is the equalizing factor. If you want to stay in Aspen, in January, it is going to cost you a boat load of points. If you want to stay in San Antonio, in January midweek, it is going to cost you very very few points. Thanks so much for your explanation. I was not aware how the programs worked that are not point based. Lisa