Your thoughts may have wandered on what are timeshare seasons and it got you thinking if there’s really a big difference. Definitely! When planning to buy a timeshare property, it is as important to consider both location and timeshare season to ensure getting the best bang for your buck. Like in hotel bookings, “season” is equivalent to “demand” in timeshare weeks, points or what-have-you types.
So, what are timeshare seasons? Generally, this refers to a timeshare property’s trading power or trading value. It is meant to distinguish when demands are high, intermediate or low. When you book for a hotel or a flight, peak season or times when the demand is high like say Christmas, New Year or Springbreak, the room rates and airfare can be quite steep. Prices rise during times when there’s high demand for these entities and timeshare share such demand definitive system.
Most timeshare resort developers have their own timeshare calendar that serves as a guide for owners as well as prospective buyers to know the difference between a “red season” for a summer in Mexico where sun worshippers tend to flock and “silver season” during summertime in Lake Tahoe’s ski areas.
Timeshare season may not look important at first glance, but if you plan to say rent or have plans for a resale then, such can make a huge difference. During high season in a particular location, a timeshare weeks’ worth will definitely be more valuable than low-season weeks. This, in effect, will impact buy-in costs as well as the value of the property in the event of a resale or a rental in the marketplace. Timeshare seasons are then, color-coded to clearly reference a demand. In the US, this can be red-white-blue for high-intermediate-low demand respectively. In various clubs both international and domestic, this can be tagged as platinum, gold or silver to signify high demand, intermediate demand, and low demand respectively.
What is the Red Season for timeshare?
RCI and various timeshare resort developers have a “red week” or “red season” as their premium ownership. Being the most valuable time of the year, owning weeks when demands can be high means sky-high rates for your timeshare rentals or more probability of getting a fast resale. For ardent vacationers, this also means more chances of getting that coveted exchange for top weeks in other resorts and vacation destinations.
If you own a “red week”, opting for a week when demand can be low often means upgrades or more stay time. Some destinations like Florida, however, is rated R-season all year round. So owning timeshare week or deeded timeshare ownership on this side of the planet always equates to high trading power.
What is the Silver Season in a timeshare?
As opposed to Red Season (Red week), Silver Season means low desirability or low demand. Think summer weeks in a ski resort or winter time at a beach resort. Most of the weeks falling within the silver season are either fixed or floating weeks. Weeks falling under the Silver color code can be traded with weeks with lesser or perhaps, similar value BUT never with a greater value from platinum or gold.
This season, however, offers the most affordable price tag compared to either Platinum (Red) or Gold (Blue). It also gives you various advantages like low tourist traffic, no waiting time at topnotch restaurants and watering holes, low flight fare, and other incidences uncommon during peak season.
All in all, buying a timeshare requires careful thought. Regardless of what timeshare season you wish to buy, it is essential that you carefully laid out the main purpose of purchasing a timeshare property. If it means for business opportunities like rental, go for the best season to get high trading power. If you want a relaxing vacation, choose what’s easy for the pockets and with no stressors abound. As always, the best timeshare season should fit your own vacation style.