Peppertree Vacation & Travel Club Rules
One Great Vacation After Another
Peppertree Vacation and Travel Club
The Peppertree Vacation & Travel Club
(PVTC) is designed to offer you exceptional flexibility, so you can
go where you want at the time that suits your schedule. The Club
operates on a system of Vacation Points, which puts control of your
vacation lifestyle right where it belongs - in your hands. With
Vacation Points, you can divide your total vacation time into
increments of as little as one night at a time in one or more
locations. You can travel to any of the Club locations at any season
of the year. Best of all, your Vacation Points are renewed each
year, making the Club a source of vacations and happy memories year
after year. The following guidelines refer to basic membership.
Please consult your membership agreement and contract for specific
terms and conditions of different levels of membership.
Vacation Points: Your Ticket to Travel
Each year you can use your Points to pay
for a stay at any PVTC resort or to exchange into any resort
affiliated with Interval International. Vacation Points are your
annual currency to use in traveling the
Vacation Points = Vacation Value
Your Vacation Points are renewed
annually. Once you have paid for your Vacation Points as a
member of the Club you are able to use them every year.
Please Note: In order to use points for
reservations or exchanges, all dues and assessments
must be current.
How Vacation Points Work
Peppertree has given a Point value to
every unit at every resort for every night of the year.
Naturally, larger accommodations at the most popular
resorts during the times of year when most people want to
vacation require the greatest number of Points. More
specifically, the factors considered in assigning Point
values include:
- Season of the year
- Day of the week
- Cost of operating each resort and
its amenities
- Unit size and type
- Historical occupancy percentages and
demand levels (the popularity of the location)
Click here for a detailed Point schedule
for each PVTC resort. It is in every member's interest that Point
values correspond to levels of demand for a particular location and
season as closely as possible. Therefore, we monitor demand levels
over time to determine if and when Point values should be adjusted.
Although changes in Point values have been rare, they may change
over time, due to changes in demand patterns, for one example.
For Your Protection
For all Vacation Points purchased,
vacation intervals of equal or greater Points value somewhere in the
PVTC resort network are conveyed to the Club Trust. At all times,
the Trust holds actual vacation ownership weeks with a Point value
at least equal to all outstanding Points. Of course, each available
unit can be used by only one family at a time, so a particular
location at a particular time can be fully booked. So, plan ahead
and make your reservations as early as possible.
Receiving Your Vacation Points
Points will be allocated to you
automatically each year (also referred to as a "Use Year").
You must use your annual Points within
that year unless you bank Points or make an internal reservation or
external exchange. The timing of your Use Year is as indicated in
your contract. Points can be banked up to sixty (60) days before
your Use Year start date. In order to use points for reservations or
exchanges all dues and assessments must be current.
Banking and Borrowing Vacation Points
For every family, there are years in
which normal vacation plans simply don't work for one reason or
another. If you are not able to use all of your Points during a
particular Use Year, you may bank them for use in the next Use Year.
Just call 1-888-737-7373.
Sooner or later you may want to make a
reservation that requires more Points than you have available, in
which case you can borrow points from future usage.
To Bank Points:
- You must be current with all Club
assessments, loan payments, charges, and/or penalties, as
applicable.
- You may bank up to 100% of the
annual allotment at any time up to 60 days before the last day
of your current Use Year.
- You may not bank Points that have
already been banked from the prior year. Thus, if you bank
Points during Year I, you must use them during Year 2 or they
will expire.
- Once you have banked your Points,
you may not retrieve them for use during the current Use Year.
To Borrow Points:
- You may borrow up to 100% of your
annual allocation of Points for the following year.
- You may make only one borrowing
transaction during any year, up to the limit of 100% of the
following year's Points.
- All of the Points from your current
year must be used before you may borrow from your allocation for
the next year.
- When you make reservations using
borrowed Points, the first night of the vacation period you are
reserving must fall within 45 days of the date your reservation
is confirmed.
- You may not borrow Points that you
have previously banked.
- You may not use borrowed Points
unless you have paid all Club dues applicable to the current
year and the year from which you are borrowing, and you must be
current on all other loan payments, assessments, charges, fees
or other obligations.
Renting Additional Points
At times you may need additional Points
to complete a single reservation. There are two ways to accomplish
this on a one-time basis through the Club. First, as previously
described, you can simply borrow up to 100% of next year's points.
If you still need more Points you may also rent the additional
points you need. The current rental rate, which is subject to
change, is $0.25 per Point. Your Club Counselor will be happy to
discuss the details of this program.
Making Your Reservation
Use the PVTC resort listings and Vacation
Point charts on this website or in your handbook to determine which
resort you wish to visit, how long you plan to stay and how many
Points your vacation will require. We suggest that you consider more
than one location when planning a trip. Also be sure your request
doesn't exceed the published occupancy limit for the accommodations.
Then, for fastest service, call toll-free at I-888-737-7373. For
every reservation you will receive a confirmation number. Just
present the confirmation number when you check in at the resort.
Reservation Transactions: Free or Fee?
Every year, you may select one day as your No-Fee Transaction Day.
On this day, you may make as many reservation transactions as you
like without paying a fee. When you complete a reservation
transaction on any other day, you will be charged a processing fee
of $19 at the time of confirmation. You will only be charged $19 per
transaction day, regardless of how many reservations you make on
that day.
Confirmation Priority
The Peppertree Vacation and Travel Club
handles reservation requests on a first-requested, first-confirmed
basis. All accommodations are assigned on a space-available basis
and are subject to the PVTC's reservation lead-time policies and
minimum stay requirements. Because the Club has inventory in each
destination area, consider all the options you might enjoy.
Reservations in Advance
How far in advance of your desired
vacation may you request reservations? It depends on the type of
Points you wish to use and your membership type.
- Using your regular or banked Points,
you may reserve accommodations up to 12 months before the first
night of your requested vacation.
- Using borrowed Points, you have a
45-day lead-time before the first night of your requested
reservation.
- To make your reservation or to
check-in, you must be current with all Club dues, assessments,
loan payments, charges, fees or other obligations.
Home Resort Preference for Charter
Members
Charter members originally purchased a
vacation week in the form of a deeded interest and then converted
the use of the vacation week to points. These owners have assigned
all the rights and benefits relating to their vacation week to the
Club Trustee for use in the Club's inventory pool. In exchange, they
received points equal in value to those required to book into that
week and unit type at their former Home Resort.
Charter members have access to their
original week 30 days before it is made available to other Club
members, or 13 months prior to the date of travel. Home Resort
Preference reservations can be guaranteed only if reserved within
the 13th month prior.
Reservations for Family Members
You may use your Points to reserve Club
accommodations for members of' your immediate family. Be sure to
make the reservation in your family member's name and receive a
guest confirmation number. In general, your immediate family members
are entitled to enjoy PVTC accommodations and facilities as if you
were using them yourself. In some cases, capacity limits or
members-only provisions may restrict access.
If You Have to Cancel
We would prefer that you don't cancel
reservations, as we have to plan Club usage for the maximum benefit
of all Club members. Once you make a reservation, you block
others who might also wish to use that unit. Cancellations may
lead to units going vacant that could have been used by another Club
member. Because we understand that sometimes cancellations are
unavoidable, we have created the following guidelines:
- There is a cancellation fee of $37
for all cancelled reservations.
- All of your Vacation Points will be
returned to you if:
- you make a reservation and
cancel within 24 hours (end of business the next day)
- you cancel your reservation 30
days or more ahead of your check-in date.
- you make a reservation and
cancel within 24 hours (end of business the next day)
- If you do not cancel within 24 hours
of booking, and/or are less than 30 days prior to check-in, none
of your Vacation Points will be returned to you.
- As soon as you become aware that you
have to cancel a reservation, we urge you to contact PVTC so we
can let another family use the accommodations.
Lead Time and Minimum Stay
In general, the farther out the
reservation date, the greater the minimum stay requirement.
Please use the guidelines below when planning your vacation.
Reservation Lead Time: 13 months
Home Resort Preference (Charter Members)
Reservation Lead Time: 12 - 6 months
Minimum Stay: 7 or more continuous nights
Reservation Lead Time: 6 months - 30 days
Minimum Stay: 3 nights
Reservation Lead time: 29 days – Arrival
Minimum Stay: I night
External Exchanges
Membership in the Peppertree Vacation and
Travel Club allows you to visit any PVTC Resort. However, a
membership in the Peppertree Vacation and Travel Club is also a
passport to a whole world of vacation opportunities. Your Club
membership includes membership in Interval International, an outside
exchange company. Through Interval International, your Club
membership allows you to trade your Points to visit any of the more
than 2,400 fine resorts in their exchange network. Traveling to a
PVTC resort doesn't cost anything extra. However, an external
exchange requires an exchange fee through Interval International.
Still, an external exchange allows a wide variety of choices at a
very affordable cost.
To travel beyond the PVTC network with an
external exchange, just follow these steps:
- Consult your
Interval International
Resort Directory and decide where you would like to go. The
more flexible you can be, both as to where and when you want to
travel, the better your chances for success.
- Call 1-888-737-7373, talk to a
Vacation Club Counselor and make a reservation request. Please
have some alternate resorts and travel times in mind.
- If your vacation choices are not
immediately available, your request can be placed on a waiting
list.
- Upon confirmation of your exchange
request, Interval International will send you a confirmation
with the details of the resort and destination you have
selected.
- All Interval International exchanges
must be made in one week increments.
- The exchange fees charged by
Interval International may vary from year to year. Consult your
Club Counselor for the current fee.
A Special Bargain on Last-Minute
Travel: Flexchange®
Any PVTC member has the opportunity to
complete an external exchange for a special low Point value. The
Flexchange Program allows any external exchange made 59 days or less
from the check-in date to be accomplished for II00 points,
regardless of the location, time of year and unit size you choose.
Call Reservations at 1-888-737-7373 for more information.
Understanding Your Documents
This information is also available in
your handbook and has been compiled for the benefit of all PVTC
members and sets forth our policies as of the date of publication.
This information is subject to the terms, provisions and conditions
contained in the Trust Agreement of the Peppertree Vacation and
Travel Club as amended from time to time at the sole discretion of
the Club, each member's Club Membership Agreement and all other
documents and instruments referenced in either of the forgoing
documents (collectively the "Club Documents"). In the event a
conflict between any of the Club Documents and the information in
this handbook, the provisions of the Club Documents shall control.
Unless the context otherwise requires or as specifically set forth
herein to the contrary, all terms used herein shall have the meaning
ascribed to them by the Trust Agreement.
