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Original Message:

Resort converting --- to RTU? (by KC):

An update:

On review of the InnSeasons website, it appears to me that what Inn Seasons is actually doing is adopting a "vacation club" or "right to use" membership program. In essence, owners ("members" might be a more appropriate term) will apparently have "right to use" privileges at ANY the various InnSeasons facilities --- as opposed to having deeded ownership of a specific week at any one specific resort. This involves a "deeded trust" program for participants. Maintenance fees are likely tied to the amount of "points" purchased. Different weeks in different places will "cost" different amounts of points. The points are likely of no use or value whatsoever outside of the internal Inn Seasons network, although weeks which get reserved with those points MIGHT still be exchangeable with II (that's not at all clear to me at this juncture). I still have questions about Inn Seasons charging people like Tracy thousands of dollars to retain their (already exisitng) access rights. It would seem, on its face at least, that a prime week already owned by deed (*IF*, in fact, a deeded fixed week is indeed what Tracy has now) would have an inherent (and VERY high) "conversion to points value" already. You don't get much more "valuable" than a July 4, beachfront week in coastal New England. So how/why does Inn Seasons want another $5,900 from Tracy? I don't know, but I will attempt to find out. They may or not talk to me, since I'm certainly not a prospective buyer of this severely limited and overpriced program --- and I have no intentions of attending any sales-weasel presentations.