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Take time to share quality time with loved ones. That's what timeshare is all about!
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Fairfield Resorts, Inc., More Owners Than Anyone Anywhere Fairfield Resorts has introduced more families to timeshare than any other company in the world. Today, over half a million families enjoy the Fairfield lifestyle, vacationing annually at one of more than 70 world-class resorts in 21 states and U.S. territories — representing 9,000-plus timeshare condominiums. Headquartered in Orlando, Florida, the company has close to 9,000 employees nationwide. Fairfield specializies in the marketing and sales of vacation timeshare based upon a point system. Fairfield points are called Fairfield Fairshare Plus. (FSP) Members purchase a piece of real estate for which they receive an allotment of points every year. Then they use these points to customize their vacation, based upon the number of bedrooms, length of stay, and season. Fairfield designates the demand of the time of year from highest to lowest, in the following order: Prime, High, Value, and Quiet. Resorts are all over USA from Myrtle Beach, South Carolina to the shores of California, including Branson, Missouri, the snow-powdered slopes of Pagosa, Colorado and new resorts being built continually such as in Las Vegas, NV and Sedona, AZ Fairfield members can also vacation at thousands of additional resorts around the world via RCI. Fairfield assigns a point value to each resort based on the size of the unit, the location, season. Members refer to these charts when they plan their vacation, to see how many points are required to get the vacation they want. High demand locations and larger accommodations require more points. Quieter time and smaller unit require fewer points. Members receive the same number of points every year. Any unused points expire at the end of the Use Year. Points do not automatically rollover. However, if a member cannot use all of their points during the Use Year, there are several options available but the best option is to convert left-over points into a week and deposit it with RCI. The member will then have 2 years to use the week. If a member runs out of points and needs additional points, they may borrow from next year's allotment or rent additional points. These options are only available for reservations confirmed within 90 days of the check-in date. Points are deducted from the use-year in which the check-in date takes place. The cost to rent additional points is $5 per thousand points. For example if a member owns 105,000 points, but wants a vacation requiring 154,000 points, the member is short 49,000 points. So the point rental would cost $5 times 49 equals $245. A Use Year is a twelve-month period during which members must use their annual allotment of points. For many resorts the use year starts on Jan. 1, but not for all resorts. The date when points accumulate each year is often referred to as the "anniversary date". The term for the maintenance fee is FairShare Plus Assessment, referred to as the FSP Fee. The FSP Fee includes RCI dues, so no additional fee is paid to RCI. The FSP fee is broken down into two parts. Part A is the Property Owners Association fee, which covers all maintenance items. Part B is the Program Assessment Fee which covers the management of the reservations system, its staff, telephone and computer systems, member directories, RCI dues, annual audit, postage, printing and other related expenses. LENGTH OF STAY: There is a 2-night minimum stay for FairShare Plus reservations. For some very high demand resorts, there is a 7-night minimum stay during Prime season. Check-in for any reservation requiring a one-week minimum stay could fall on either Friday, Saturday, or Sunday. Members may allow their guests to use the member reservation by obtaining a Guest Certificate ($25.00).
Information subject to change without notice. |
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