How Does Holiday Inn Club Vacations Work: A Comprehensive Guide
Holiday Inn Club Vacations (HICV) is a brand of innovative vacation ownership products featuring several flexible club and points-based programs. Using a points-based system, Holiday Inn Club Vacations makes it possible for owners to visit myriad destinations and customize vacations at their will. In this review, we will address everything you need to know related with HICV – from how the club works ownership- and booking-wise down to pricing essentials and benefits of membership.
About Holiday Inn Club Vacations Ownership
This is another way for families and travelers to own a piece of their future vacations through Holiday Inn Club Vacations. Instead of a classic fixed-week timeshare, owners at HICV utilize the points system to book vacations in an any day unit.
- Ownership: HICV works on points and not by weekly intervals allowing the owners to purchase a point which then can be used within any IHG resorts.
- Resort Network: Affiliated with resorts in popular locations like Orlando’s top theme parks, Las Vegas and Myrtle Beach to give owners more places to stay.
- Points-based System: This system allows vacation owners to plan multiple destinations, various dates of travel, and types of accommodations depending on your needs.
Understanding the Points-Based System in Holiday Inn Club Vacations
The points-based system at Holiday Inn Club Vacations offers maximum flexibility, allowing owners to use their points as currency for their vacations.
- Points as Currency: Each point has a specific value and can be used to book accommodations at various HICV resorts.
- Variable Points Based on Travel Factors: Points required for a stay will vary depending on factors such as the location, season, unit size, and length of stay.
- Annual Points Allotment: Owners receive an annual allotment of points, and unused points can be saved for future use, enhancing flexibility.
How to Purchase Holiday Inn Club Vacation Points
To become a member, individuals can purchase points directly through HICV or from the resale market, which may come at a lower cost.
- Direct Purchase: Buying points directly from HICV often comes with extra benefits and perks, including easier access to additional HICV services.
- Resale Market: The resale market allows buyers to purchase points at lower prices, though certain HICV benefits and privileges may be limited.
- One-Time Purchase or Financing Options: Members can choose a one-time payment or explore financing options to make ownership more affordable.
Booking Options and Destination Choices with Holiday Inn Club
Holiday Inn Club Vacations offers a broad range of booking options, from different destinations to various unit sizes, allowing members to tailor their stays.
- Variety of Destinations: HICV includes over 28 resorts across the U.S., from beach getaways to urban escapes.
- Flexible Booking Options: Members can choose from studio units to multi-bedroom villas, allowing customization based on family size or personal preference.
- Seasons and Peak Times: Points required may increase during high-demand seasons, such as holidays and school vacation periods, providing more value during off-peak travel.
Using Points to Book at Partner Resorts and International Destinations
In addition to the HICV properties, points can frequently be used for other experiences as well — many times there will also be partner resorts and international stays available.
- RCI Exchange Network: RCI offers an alternative where members trade points within the same network, and get access to more than 4,000 resorts worldwide.
- Redeemable Vacation Experiences Beyond Resorts: You can redeem your points for cruises, guided tours and even hotel stays outside of the HICV network.
- Required Approval: The collaboration with RCI allows HICV members to travel throughout Europe, Asia and other world countries.
Banking, Borrowing, and Transferring Points for Flexibility
One of the major upsides to being able to use a points system with HICV is rather than just cashing them in, you also are able to bank, borrow or transfer points which can help you plan your future vacations whether they be long term or short.
- Banking Points: If members are unable to use all their points in one year, they can bank them for future vacations as well so planning on a trip might be more timely and frankly easier.
- Points Borrowing: Members can borrow points from the next year which is useful when booking longer or premium stays.
- Point Transfers: A benefit in some family points programs which allows you to share or sell your rewards with other members of the program.
Member Benefits and Perks with Holiday Inn Club Vacations
Not only is the points system incredibly flexible, but HICV members also receive a long list of perks that bring more to every vacation.
- Members Only Offers: Reduced rates on activities, dining and amenities at select resorts in-store.
- Priority Booking: During busy travel periods, higher tier members are typically given access to priority booking.
- Club level of membership: The benefits include mandates X% discount on rooms with higher perks for silver, gold and platinum customers like personalized room upgrades at time booking.
Financial Overview: Initial Investment and Maintenance Fees
Like any type of vacation ownership program, owning an HICV membership does carry financial obligations including the cost of purchasing in and lock monthly maintenance fees.
- Initial Investment: The initial cost for buying points is dependent on the total number of them and their market value.
- Annual Maintenance fees: This funds the upkeep of the property, staff and amenities. Please note that fees differ within different locations and as a function of point ownership level.
- Bigger up-Front Investment: Although the buy-in may be high, years of decreases in your vacation spending could help balance out that expense — particularly for those who love to travel regularly.
Is Holiday Inn Club Vacations Right for You?
For those wanting flexibility and diversity in their vacations, but also desiring the benefits of membership with Holiday Inn Club Vacations offers a nice solution. Still, if you are finding how to exit or re-evaluate your fraction of ownership in the timeshare world, do not worry as CancelTimeshareGeek has got that covered for you. We are most experienced and provide expert help to consumers phase-out timeshare, educate you what is accessible and fit you through the procedure.
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