CREDIT
SYSTEM OVERVIEW
Traditional Timeshare
Vacation ownership has definitely evolved over the past
30 years. Traditionally people would purchase a timeshare
week at a single resort for a fixed period of time every
year. This system is restrictive and does not offer the
flexibility and location choices that many couples and families
desire today.
A New Evolution
In the last 15 years a new concept in vacation ownership
began to evolve. A system was developed that allowed vacation
owners to purchase an allotment of vacation credits in a
Club system. Vacation clubs give members access to resorts
within a resort group, under a variety of different plans.
In credit-based programs, owners purchase credits that can
be redeemed for access to various types of accommodations,
resort locations, amenities, number of days use, and other
travel services. Credit-based programs appeal to owners
because they provide the flexibility to design their own
vacations.
How it Works
A member purchases a set of credits that are renewable every
year (Annual Membership) or every other year (Biennial Membership).
These credits are deposited into your account for use at
any of the locations within the Club. The size of unit can
range from a standard Studio unit up to a 3 bedroom unit,
depending on the resort you choose. The member simply “withdraws”
the credits from his/her account and redeems them according
to the credit values set by the Club. The credit values
will vary depending on the resort, the season and unit size.
The table below shows an example of credit values for a
particular resort:
| Season |
Studio |
1 Bedroom |
2 Bedroom |
3 Bedroom |
| Prime |
12,000 |
15,000 |
25,000 |
40,000 |
| High |
10,000 |
18,000 |
20,000 |
35,000 |
| Mild |
8,000 |
11,000 |
15,000 |
28,000 |
GeoHoliday Example
This diagram helps simplify how the Club system works for
GeoHoliday

By pre-paying the accommodation
portion of their annual vacations TODAY, GeoHoliday Members
enjoy access to all present and future vacations at today's
prices, effectively stopping inflation in its tracks.
View GeoHoliday Resort
locations |