South African Peak Week Trading Power

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

It looks like the market based RCI weeks system has failed again. Check out this thread on the South Africa Board on TUG: "Punished for Peak Ownership"

This is a keen example of why not knowing your trading power upfront can really hurt you.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

It just shows that the market did not think it was quite as ''peak'' as those who gave it that designation. That's the nature of a system based on supply and demand. Frozen values serve those who own areas with an oversupply and aritificially set values.

The same thing could be shown in the system here with weeks designated ''red'' ages ago that are now dogs due to changes in supply, demand. or both since those seasonal designations were set.

It is not a problem of a market system, but a problem of rigid values that may have been inflated to begin with and may also become more so over time, when there is no mechanism to regularly adjust them.

Of course, in this instance, it also shows that the merger of the US and SA systems, while an improvement upon what used to exist, is not complete. SA for many years operated under a franchise system with a seperate database from the US, Europe, Caribbean, etc.. It seems that some elements of that remain.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

South Africas was the "bomb" because it traded so well. I knew it was a matter of time before that was "corrected" and apparently they still haven't got it right.

[grest Senior Member Find all posts View Profile Close grest]

I own a peak and a flex week. My peak week is performing just as it always has, but I've lost some power with the flex...I guess like everything else in this funny timeshare world, it depends...
Connie

[ebram Senior Member Find all posts View Profile Close ebram]

Don't understand?

I don't understand how any SA week can have any trade power. Who in the US goes to SA to trade in USAweeks in to be exchanged for SA weeks? If no US weeks are traded for SA weeks, where are the US weeks going to come from from for people who bank SA weeks, and want US weeks(especially prime and not excess weeks)? It was just a way for RCI to make money exchanging unused weeks(like for blue weeks).Now they can rent those weeks. Blue weeks owners can a least use their weeks, but who in the USA is going to SA to use an unwanted SA TS?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

SA Trade Test

Anyone care to see the results of a SA Trade Test I did Over Yonder in 2003, one in which I included my crappy, inexpensive domestic resort, and a couple others submitted domestic resort results?

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Ebram, South Africa is a location where Europeans vacation a lot.

[ebram Senior Member Find all posts View Profile Close ebram]

Maybe. But that doesn't get you many USA prime weeks for SA owners to exchange into.