RCI Timeshare Exchange Increasing Owner Benefits through Greater Transparency

Here at Sell My Timeshare NOW and The Timeshare Authority blog, “transparency” is a word we have used when talking about timeshare for more than seven years. We know it’s been over seven years because that’s how old our company is, and transparency has been our focal point since day one. Finally, you’re hearing the word crop up more and more frequently in the messaging and talking points of others in the timeshare industry.

Late last month, Wyndham Worldwide, owners of Wyndham Resorts, Wyndham Timeshares, and RCI timeshare exchange, announced that RCI has enhanced its RCI Weeks timeshare exchange program. The new features were implemented to allow members to know the market value of their vacation intervals once they are deposited with RCI.

RCI CEO Geoff Ballotti explains, “In the increasingly transparent online vacation planning world that we live in, this is something our members have been consistently asking for. It’s one of the most exciting things we’ve ever done for our members—it’s really unprecedented.

“Transparency is important because people want to have more control over how they trade their timeshare vacation for another vacation they’d like to take. From our customer service, marketing and technology teams, we’ve brought together our entire company to solve for our members’ request to give them what they want in terms of knowing the trading power value of their deposited timeshare week and what it will take to get them to where they want to vacation, allowing them access to vacations that they might not have been able to book in the past.”

RCI Timeshare Exchange Features

Here are the nuts and bolts of what these new features mean to you as a timeshare owner and RCI exchange member:

  1. RCI Weeks members can compare the trading power value of their deposited week to the trading power value of the timeshare interval they want to exchange into.
  2. This flexibility allows the RCI member to transact into higher-valued vacation.
  3. For the first time, RCI is providing a deposit credit if the trading value of the deposited timeshare interval exceeds the interval the owner has exchanged into.

It’s a move in the right direction. Any time the timeshare industry increases transparency and flexibility, or provides realistic solutions to enhance either long-term or short-term timeshare ownership, then timeshare becomes a product that is more valued by the consumer and more competitive in the arena of vacation ownership products.