Sat through the presentation today at Po'ipu and got the following information:
1. Beginning in October new Club Select properties may be deposited for Club points only five times. After that the property may be used for Club Select again only if a new developer purchase is made. Properties already in Club Select (or that are added before October) continue to have unlimited numbers of conversions.
2. They are no longer allowing additional properties to added to a Club account after a developer purchase if the property is a resale. Apparently there was a recent memo that went out on this. Existing options are unaffected, but they are not writing new ones.
1. Beginning in October new Club Select properties may be deposited for Club points only five times. After that the property may be used for Club Select again only if a new developer purchase is made. Properties already in Club Select (or that are added before October) continue to have unlimited numbers of conversions.
2. They are no longer allowing additional properties to added to a Club account after a developer purchase if the property is a resale. Apparently there was a recent memo that went out on this. Existing options are unaffected, but they are not writing new ones.
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