What does exchange do for timeshare owners?
Have you ever felt limited in your options to travel and utilize your timeshare? Are you tired of going to the same location year after year? Have your travel habits changed, leaving you feeling stuck with your current ownership? Resort Travel & Xchange (RTX) is your solution to these problems and many more. With RTX, you are able to exchange your usage (points, float week, or fixed week), allowing you to travel to and experience exciting new locations.
How does it usually work?
Traditionally, exchange companies work as a third party that will attempt to facilitate trading of usage between members for the cost of membership and an exchange fee. The members of these exchange companies must belong to specific resorts, meaning they are limited to searching other ‘member resorts’ when they attempt to make an exchange. While this approach does open up more options for members of these companies, it is also restrictive because there may or may not be a ‘member resort’ in the location to which they wish to travel.
Additionally, the costs associated with these companies’ memberships and exchange fees are becoming increasingly prohibitive.
What makes RTX different?
RTX’s business model is different. At RTX, we will accept usage from members without requiring them to choose a specific resort. While you can make a specific request for exchange, you are primarily encouraged to make requests by location/region, opening up the possibility for travel to resorts and destinations that would otherwise be unavailable.
So how does it work? You have two ways that you can exchange with RTX. The first option is bank-first. This means that you are depositing your usage (points or weeks) with RTX before you have an exchange destination planned. You may be depositing your usage because you know you will not be able to travel during your specific week or before the end of your usage year. RTX is a great way to extend the life of your vacation beyond its usage year. Many members opt to save two or more years of usage with the program, allowing them to take one big vacation later on.
The second way RTX works for you is the request-first option. This option is very popular, and actually allows our members to make a request and review available options before committing their points or week to the program. While other exchange companies require you to deposit your usage before they will conduct a search, RTX members are able to ensure that they are getting what they want before they deposit their own usage. Any time you wish to make an exchange with RTX, there is a flat fee of $127 for online exchanges and $147 for custom search exchanges payable at the time of booking. Click here to see information on rebates that will post to your account every time you make an exchange. The rebates vary depending on your level of membership.
How does RTX make sure people get a fair trade for their weeks?
RTX members who own a week will have their week assigned to one of four seasons, which will determine when and where you will be able to exchange. The seasons are rated by color, including gold (peak), red, yellow and green (off-peak). You will be able to exchange into a color season and unit size comparable to your deposit. Click here for more information about the Premium Plus membership, which offers the benefit of unit size upgrades and information on how long your usage will last when you deposit it with RTX.
How does RTX make sure people get a fair trade for their points?
RTX has special agreements with some points-based vacation ownership programs that allow members to deposit their points directly into RTX . There is no need to use the points to make a reservation to deposit, meaning that you will no longer need to worry about the possibility of there not being a suitable week available for you to deposit. Simply deposit your points into RTX, and then use them to book your exchange vacation! RTX seeks to cut out the unnecessary steps and make the process of getting you on vacation less of a hassle.
This is just an overview of what a vacation exchange is and how RTX works to facilitate exchanges for its members. For more information please see our Frequently Asked Questions section, or give us a call at +1 888 988-4789. RTX representatives are standing by to help answer all of your questions and send you on vacation today.