Holiday Inn Club Vacation - Awful

I was completely misled during my Holiday Inn Vacations presentation. The sales rep painted a rosy picture of an "exclusive private club" that would be a valuable investment, a legacy for my children, and easy to use or rent out. None of this is true. Reality check: Booking vacations is nearly impossible without planning a YEAR in advance. When I tried to rent out unused points, I hit wall after wall due to "limited availability." Yet mysteriously, these same "sold out" rooms appeared available to the general public on regular booking sites! The worst revelation? This "investment" is actually considered a "junk asset" I can't sell or leverage. The promised value was pure fiction. Their exit process is a complete joke. After numerous ignored calls and emails, they finally responded only to tell me I'm on my own to find a buyer - they'll just handle the paperwork afterward. So much for their "comprehensive exit solution." The maintenance fees are the final insult - continually rising with no end in sight. Passing this financial burden to my children would be cruel, not the "legacy" I was promised. What parent would willingly saddle their kids with escalating fees they can't escape? Don't fall for the friendly presentation and empty promises. This "private club" is nothing but a financial trap with no realistic escape.

jamesd1400I was completely misled during my Holiday Inn Vacations presentation. The sales rep painted a rosy picture of an "exclusive private club" that would be a valuable investment, a legacy for my children, and easy to use or rent out. None of this is true.

Sales reps have a notorious reputation for giving misleading "facts", telling half-truths, and outright lying. I don't know if you are still in your rescission period or not but, if you are, you have a chance to rescind and cancel the purchase.

If not, then you have a few options. One is to try to make use of what you already bought and have. If you feel that keeping up with the annual fees is too much or not a good use of your money, then just stop paying and let your membership lapse. You might face a barrage of annoying collection calls and letters and possibly a hit to your credit score. But these are just minor.

The biggest piece of advice is to not go seeking the services of these exit companies, charities, and law firms that claim they can get you out of your agreement or sue the sales people. These are generally scams.

I appreciate the advice and yes, I'm just stopping payments on the timeshare. Hindsight is 20/20 and I fell into a trap I shouldn't have. I appreciate you reaching out.