Resort Development International
Article Submitted by:
July 15, 1997
The information presented here is believed to be correct. However,
it is my interpretation of the RDI Vacation Club's features. All information
is subject to change!
Resort Development International (RDI) originated in 1982 and is headquartered
in Fort Myers, Florida. RDI now manages and operates approximately 20 Vacation
Club resorts for over 60,000 families. RDI's current staff includes 125
corporate employees with a total staff exceeding 1200.
Prior to January 1994, owners bought a deeded fixed or flex week
at a specific RDI managed property. These owners are referred to as Founders.
Owners buying after January 1994 purchase points rather than a fixed
week. These owners are not locked into a specific week or a even a specific
resort. However, legally, the buyer is still deeded a specific week at
a specific unit at a specific resort, known as their home resort. These
owners are referred to as Vacation Club members.
All condominium unit-weeks must be owned debt-free prior to sale
to Vacation Club members.
RDI Vacation Club Resorts
||Paradise Isle Resort
||Anna Maria Island
||Via Roma Beach Resort
||Dolphin Beach Club
Fantasy Island Resort II
||Ft. Myers Beach
||Mariner's Boat House
Tropical Sands Resort
Windward Passage Resort
||Orlando's Sunshine Resort
||Outrigger Beach Resort
||Panama City Beach
||Landmark Holiday Beach Resort
Ocean Towers Beach Club
Panama City Resort & Club
||Petit Crest Villas
||Shennandoah Crossing Farm & Club
||Christmas Mountain Village
A Vacation Club member owns a set number of points. He decides the number
of points to buy based on his desired accommodations. A typical resort's
point schedule is:
The members I've met have bought as few as 6000 and as many as 14000
points, with the typical purchase being 8000. Founders may convert to the
point system for around $2000.
Your points are credited to your account on the first day of your
personal fiscal year. The month following your purchase date becomes the
first month of your fiscal year. For instance, if you bought on April 15,
your fiscal year would always start on May 1.
Making a Reservation
Reservations are made by contacting a RDI vacation counselor at a toll
Members may make a reservation at any of the RDI Vacation Club Resorts
from eleven months to as little as two days in advance. Locations and dates
are confirmed on a first-come, first-served basis.
A Founder can make a reservation only at his home resort up to twelve
months in advance. This results in a 30-day protection of the Founder's
use rights in his home resort.
Requests for less than a seven night stay during red time can only
be made five months in advance. However, requests for at least a 2 night
stay during white or blue time can be made up to eleven months in advance.
There is a 3 night minimum stay during Holidays.
Once you have made a reservation, the appropriate number of points
is deducted from your balance. A written confirmation of your reservation
and remaining point balance is mailed to you.
Should you cancel or change your reservation, a $35 fee will be assessed.
After your first reservation of the year, you will be charged a $20-$65
cleaning fee depending on the accommodations reserved.
The RDI Vacation Club is associated with the Resorts Condominiums International
(RCI) exchange system. In order to exchange, you first make a reservation
with RDI for a specific resort and week. RDI can then deposit your reserved
week into the RCI SpaceBank pool. Or, if you prefer, you may contact RCI
directly to make the spacebank request.
Once your week is spacebanked, the exchange is processed as any other
RCI exchange. Refer to TUG's How
to Exchange or RCI's Vacation Exchange
pages for additional details on making a RCI exchange.
Saving and Borrowing Points
Points may be saved for one additional year. To save your point balance,
you must contact RDI not less than ninety days before your fiscal year
ends. Points are not automatically saved.
You may also borrow next year's points. However, next year's maintenance
fees must be paid before your reservation can be posted. RDI will hold
the reservation until you send in the fees. Or, you may pay over the phone
using a credit card.
By saving and/or borrowing points, you can increase your vacation
flexibility. For instance, if you don't have time to vacation this year,
you could save your points and reserve 2 weeks next year.
In theory, you can triple the number of points you have to use at
one time -- by saving last year's points, using this year's, and borrowing
Please note all fees are representative and subject to change.
A. Maintenance Fees
Cover the common expenses of maintaining the club properties.
Due on November 1.
Consist of $170 base fee + 2.2 cents per point + Real Estate Taxes.
Real Estate taxes are apportioned by the amount of your undivided interest
in your home resort.
Representative fees for an 8000 point owner:
B. Vacation Club Dues
|Real Estate Taxes
C. Special Assessments
Cover the overhead expenses of the Vacation Club point system.
Due on the first day of your fiscal year.
Currently $79.00 + tax.
Are given an RDI "Gold" Card which gives you access to Bonus Time (see
Cover unexpected expenses such as natural catastrophes.
Apportioned among all Vacation Club members.
Last special assessment occurred when hurricane Opal did about $2.5
million dollars damage to the three Panama City Beach resorts. After insurance
payments, there was about an $800,000 shortfall.
Vacation Club members were assessed at a rate of 3/10ths of a cent per
point. So, an 8000 point owner was assessed $24.
Founder owners in the affected resorts paid a much larger assessment
-- either $69 or $140 depending on which resort they owned.
To give Vacation Club members added flexibility and access to unreserved
time at the RDI resorts, Bonus Time may be bought for a quick getaway or
to extend a regularly reserved vacation. Features of the Bonus Time program
May be made at any of the Vacation Club resorts.
Does not affect your point balance.
May be reserved up to 10 days in advance.
Has a two night minimum stay. Is on a first-come, first-served basis.
Is currently charged at a nightly rate of 1/7th of the requested resort's
RV and Wilderness campsites at the Christmas Mountain and Shennandoah
Crossing Campgrounds are available for $1 per night.
Discounts with participating merchants around the resorts have been
Membership in the Universal Studios and Anheuser-Busch Theme Park discount
RDI also operates RDI Vacation Rentals as a separate division. If you
desire, you may contract with them to rent your reserved week. As long
as there is no pending reservation of your week, you may cancel the contract
at any time.
RDI operates an in-house travel agency -- Vacation Shoppe Travel.