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Re: Converting weeks to points (by Greg H.):

My wife and I own a deeded week in Sedona, Az. where all 52 weeks are 'red' weeks. We attended a 90 minute "owner update" meeting which was nothing but a sales pitch to try to get us to convert our deeded week into points. The sales people said that we would be given some amount, say 10-gazillion points, in trade for our deeded week. I asked the sales people how many points are needed to get a full week at the same resort and they said it varied according to the dates. My wife asked to see the binder of information that showed how many points would be needed for each week, and she saw that we would need some larger amount, say 15-gazillion points, for the same week we were staying there as a deeded week owner. She showed me the binder because I had to see that for myself and she was totally correct. So I asked the sales people what would happen if we wanted to stay there and we were short by 5-gazillion points, and they said we could pay extra cash to make up the difference.

In my opinion, the introduction of 'points' by the timeshare industry was a scam to provide them a way to obscure that they are selling beyond 100% occupancy. This became obvious when my wife and I forgot to place our reservation for a week in Vail, Colorado, and three months into the year we were told that week 50 was the only week left to reserve. I figured that if we were that last owners to make a reservation and there was only one week left to reserve, then it would just sit there until my wife and I reserved it. WRONG!! After discussing with my wife whether to space-bank it, or reserve it, or do something else, I called back and the last week was gone. I asked how that could happen, and the timeshare reservations person told me that points people could, and actually did, get it. So we lost a week because points people exceeded 100% occupancy for the resort.