Quote:
Originally Posted by lawren2
That doesn't make any sense but this is RCI we are talking about.  |
It doesn't make sense and I don't really understand it but I'm going to take a stab at it.
When a resort becomes points affiliated, RCI does an audit of the resort and assigns a point value for each week of the year based on whatever formula they use (I guess I could ask our mgmt company what that is). This becomes fixed for the life? of the master points contract? So from an accounting standpoint, the total points redeemed for exchanges have to equal what was originally allocated to that resort. If RCI allowed an exchange for less than the pre-agreed points amount, they'd be in violation and "owe" the resort.
In exchanging points for weeks from standard weeks resorts, there is no contract in place with that resort. All RCI does is move inventory around from what they have. To make up for that imbalance, they take from other deposits. Somewhere in the points contract is wording that gives RCI that right to take a week from deposited inventory? in the overall pot as an accounting.
I'm not sure if my explanation is correct but that's my non-educated guess
