Podcast: Timeshare – True, Tried and Tested

TD Syndicated Partner
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Featuring: Barry Robinson, Wyndham Vacation Clubs Asia Pacific

 

Timeshare – True, Tried and Tested

 

Today, timeshare has evolved from visiting the same destination at the same time annually into vacation clubs like Club Wyndham South Pacific, where timeshare owners use a flexible, points-based system to choose:

  • Destination
  • Apartment type
  • Season of travel
  • Nights to stay

The club’s 60,000 members have access to 51 properties in Australia, New Zealand, Fiji, Indonesia, Thailand, Japan, the US and Europe. Holiday destinations range from tropical Port Douglas and the lively Gold Coast to the rugged beauty of Phillip Island and Wanaka in New Zealand. Owners make a one-off payment to receive credits annually for the life of the club. They can save credits from the previous year or borrow from the next year to take longer holidays. A small levy contribution per credit helps to keep apartments in excellent condition.

As a product for families, club resorts feature excellent amenities, which can include pools, day spas, dining, bars, complimentary equipment hire and kids’ clubs. About 55 per cent of club apartments have two or more bedrooms, offering plenty of space and often boasting kitchens and laundries.

Club Wyndham South Pacific partners with the world’s largest exchange provider, RCI, to offer owners even more options. Through RCI, owners can exchange their points to stay a week at 4,300 properties globally.

Club Wyndham is a global brand with a customer-centric team capable of delivering consistently high standards of service and personalised experiences across a resort portfolio. The earliest timeshare products set aside time for cleaning and renewal; the modern club features an annual deep cleaning program and a refurbishment schedule to keep apartments contemporary.

The club continues to evolve the timeshare offering. Owners have been able to access their own travel club for years and, now, they can utilise Lifestyle by Wyndham. This e-commerce platform features more than 150 brands with exclusive offers on everyday goods, services and experiences of up to 76 per cent off the market price.

Timeshare’s core purpose remains to secure the family holiday and, even in the post COVID-19 world, owners are doing this. They are using the product’s flexibility or utilising exchange to make a quick return to holidaying. The best practice health and hygiene standards in place across the Club Wyndham South Pacific portfolio also give them renewed confidence to travel again.

Wyndham Destinations Asia Pacific Pty Ltd ACN 090 083 613 is a corporate authorised representative of Wyndham Vacation Clubs South Pacific Limited ACN 090 503 923 AFSL 225200 the issuer of Club Wyndham South Pacific ARSN092 334 015. You should consider the current Product Disclosure Statement available from www.wyndhamap.com/pds for Club Wyndham South Pacific before deciding whether to acquire this product.

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