To cancel your Royal Holiday Club timeshare ownership, you must know the following factors. They are:
- Understanding The Royal Holiday Club Contract
- Royal Holiday Club Rescission Period
- Negotiating Directly With The Resort
- Selling The Timeshare
- Avoiding Resale Scams
- Stopping Maintenance Fees (Risky Option)
- Royal Holiday Club Cancellation Policy
- Working With A Timeshare Exit Company
- Reviews And
- Escrow Services
If you are a new Royal Holiday Club member or an existing tired member looking for a way to get rid of the timeshare. Save this helpful guide and follow the steps to get a smooth exit.
Disclaimer: This helpful guide is provided only to inform owners about timeshare exit options. Any information provided here is general.
Understanding The Royal Holiday Club Contract
Understanding the Royal Holiday Club contract is very important before signing it. Many people think they are getting a great vacation package, but when reality hits, they realize they are stuck in a contract that is hard to escape.
The company often uses high-pressure sales tactics, promising luxury vacations and discounts. But once you sign, you might find booking a trip difficult, fees keep increasing, and the benefits are not as great as they seemed. Many members complain they pay extra but cannot use their vacations as expected.
Cancelling a Royal Holiday Club membership is another nightmare. The contract is designed to make cancelling nearly impossible, with hidden clauses and expensive penalties. Customer service often ignores requests or gives misleading information, making it frustrating to get help. Many people feel trapped, paying for something they no longer want or can afford.
Royal Holiday Club Rescission Period
If you have purchased ownership and cannot adjust to it, you can cancel the timeshare within the rescission period. The rescission period is known as the cooling-off period because it releases the owner’s stress by allowing them to cancel the timeshare within 3-10 days.
To cancel the timeshare within the rescission period, you must write a timeshare rescission letter, clearly mention your purpose for canceling in the subject line, attach relevant documents, and send it to the resort.
Important Tip: For future purposes, keep a record of every document and letter you send to the resort. They can drag you into any trouble when they know you have decided to cancel the contract.
Negotiating Directly With The Royal Holiday Club
Contact the Royal Holiday Club directly and explain why you want to cancel. Be firm but polite, and mention financial hardship, unused benefits, or misleading sales tactics. If they refuse to cooperate, ask for a written response.
If the Royal Holiday Club refuses to negotiate, don’t give up. Request to speak with a supervisor or ask about any deed-back programs they may offer. Some timeshare companies allow members to return their membership for a fee. If they continue to delay or ignore your requests, do not worry; you have other options to explore.
Do not panic if the resort refuses to cooperate with you, as every resort has the same. Read how to cancel Silverleaf timeshare ownership, and you will learn that the situation is the same for every timeshare exit.
Selling The Royal Holiday Club Timeshare
When cancelling becomes difficult, selling can be one option to get rid of the timeshare. But reselling is not as simple as you think. It is more complicated than selling kitchenware or home appliances.
Want to know why?
Because the timeshare industry is the victim of scams. Secondly, everybody is aware of the scams and poor services these resorts give to their owners, so selling becomes a challenging and energy-draining task for the owner.
If you wish to sell your timeshare, list it on RedWeek or Airbnb.
Avoiding Resale Scams
If you decide to resell the timeshare, be attentive in every step you take. Most scams are witnessed while reselling the timeshare.
Common Timeshare Resale Scams To Watch Out For
- Upfront Fee Scams: A company claims they can sell your timeshare quickly but asks for an upfront payment. Once you pay, they disappear or make excuses about why they can’t sell it.
- Fake Buyers Scam: Scammers pretend they already have a buyer lined up, but you must pay “processing fees” or “closing costs” before the deal goes through. After you pay, the buyer never exists.
- Fake Real Estate Agents: Some fraudsters pose as legitimate agents, promising to sell your timeshare for a reasonable price. They may use counterfeit credentials and professional-looking websites to gain trust.
- Title Transfer Fraud: A scammer claims they will transfer your timeshare to a new owner, relieving you of future payments. Instead, they take your money and never complete the transfer, leaving you responsible.
- Too-Good-To-Be-True Offers: If a company guarantees it can sell your timeshare at a high price, be suspicious. The resale market is often weak; legitimate companies don’t promise quick sales at premium prices.
- Cold Call Scams: If someone contacts you out of the blue offering to sell your timeshare, it’s likely a scam. Legitimate resale companies do not randomly call timeshare owners.
Why Stopping Maintenance Fees Is A Risky Option
Often, owners are misled by the complex timeshare exit plan. If you are advised to stop paying the maintenance fees, don’t, as it will affect your credit score and make the cancellation process difficult. And you don’t want that to happen.
So the simple step is to visit Timeshare Exit Advice, your ultimate exit resource, when you don’t understand anything or feel puzzled in the timeshare industry.
Royal Holiday Club Cancellation Policy
According to Royal Holiday’s Operating Rules, if you cancel a reservation at least 91 days before the start date, you’ll pay a $40 cancellation fee, and your Holiday Credits will be returned. Canceling between 31 and 90 days before incurs a $100 fee, and credits will be returned. Cancellations within 30 days result in forfeited credits.
Working With A Timeshare Exit Company
Does the Royal Holiday Club exit sound complex? Do not worry—work with a timeshare exit company. A reputable company can help you get out of complex timeshares like the Royal Holiday Club within days.
To connect with a legitimate timeshare exit company, visit Timeshare Exit Advice. Here, you will find a plethora of timeshare exit companies’ reviews and ratings. It will help you learn about the timeshare exit companies and how to connect with one. Also, you will learn about escrow power and that you must only work with a timeshare exit company that offers Escrow.
Royal Holiday Club Reviews
Royal Holiday Club, established in 1983, offers a points-based vacation ownership program with access to numerous destinations worldwide. However, member experiences vary, with several expressing dissatisfaction.
On ConsumerAffairs, Royal Holiday Club has a rating of 1.4 out of 5 stars based on 335 reviews. Common complaints include aggressive sales tactics, unfulfilled promises, and challenges in booking desired vacations. One reviewer mentioned that while the hotel was beautiful and provided excellent service, cleanliness was a concern.
The Better Business Bureau (BBB) has also recorded member grievances. A long-term member noted that their annual points, which initially provided 10 vacation days per year, had diminished to just three days despite rising maintenance fees. The member stated, “Royal Holiday Club is a total scam.”
Discussions on Reddit echo these concerns, with users labeling the club as “scammers” and advising others to steer clear.
Escrow Services
In the timeshare exit industry, where timeshare scams are a secondhand game, it is important to work with companies that offer Escrow.
Learn more about Escrow and its impact on the timeshare exit industry.
Final Thoughts
Royal Holiday Club cancellation can be challenging as the resort uses tactics to indulge the owner in the complex process. But you can save yourself by contacting Timeshare Exit Advice at the right time.
When planning to cancel the timeshare, contact us to learn about the timeshare exit companies. Look for the one that suits your needs; we will help you connect with it on the go.
Found this guide useful? Save, share, and follow the tips for your Royal holiday club cancellation with Timeshare Exit Advice today! Your no.1 timeshare exit resource where the exit is guaranteed.
What is royal holiday club timeshare point redemption?
Royal Holiday Club operates on a points-based system, allowing members to redeem “Holiday Credits” for accommodations and other vacation-related benefits.
Can I cancel the timeshare during the rescission period?
Yes, you can if you are within the rescission window.
How do I know if the exit company is legitimate?
To check the credibility of the timeshare exit company, visit Timeshare Exit Advice.
Is Royal Holiday Club ownership a scam?
Royal Holiday Club is not technically a scam, as it has been a legally registered vacation club since 1983. However, many customers feel misled or trapped by aggressive sales tactics.
