Train’Shares – Enhanced timesharing

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A unique aspect of (click on) timesharing’s continuing growth is preeminent
all-inclusive personal property Train’Shares^TM on private railroad Cars.

America’s Trains (“ATs”) provides all-inclusive Journey by Rail vacations  on luxurious private passenger railroad cars (“Cars”) that include a growing number of routes throughout the USA and into Canada. Depending on the itinerary, Journeys include en-route layovers where passengers live on board an elegant Car while enjoying nearby things to do.

Normal individual (single) Journeys by Rail can be purchased at prices (fares) below comparable foreign train vacations (there are no others in the U.S.) but are available to Train’Share (timeshare) owners at a much lower price and with other significant benefits.

Typical timeshare buyers have rights to prepaid real estate property vacations for years to come at a low total cost that includes maintenance fees to cover upkeep and management of the property, the administration of a timeshare owner’s association, and possible charges to pay property taxes, specific service fees and otherwise. Normally, timeshare owners pay for dining and other guest services. Train’Shares are similar except that they provide prepaid rights to personal property (not real estate) vacations, there is no association so most of the related costs are eliminated because business management is provided directly by ATs, and there is only a single Journey use fee that is a fixed percentage of the normal individual Journey by Rail fare for selected Journeys. Train’Shares are all-inclusive vacations that include fine dining, complimentary beverages of all kinds, off car activities and other guest services.

Many timeshares are part of mixed use real estate resorts that sell timeshares and regular individual vacations. ATs’ is a mixed use development. The percentage of total available Journeys by Rail sold and subsequently consumed as Train’Shares may vary as deemed appropriate by ATs.

Some specific Train’Share ownership details and features include:

• Five to 11 day Journey vacations year after year.
• Optional term of ownership. Annual or biennial (every second year) for 10 years or perpetually, or for one year if cancellation rights are used.
• All inclusive Journeys include luxury accommodations, fine dining, complimentary beverages of all kinds, off car activities and other services.
• A changing choice of year round vacation itineraries, throughout the USA and into Canada.
• Assured availability with numerous Journeys and dates to choose from. Over twice as many Journeys by Rail compared to the number of sold Train’Shares, including time periods allocated for individual (single) Journeys.
• Choices of number of days, bedroom category and a growing number of Journey routes.
• Simple, easy, all-inclusive. Pick a Journey, arrive at the departure station, walk on board and enjoy unique, luxurious all-inclusive vacations.
• En route layovers for a day or so with a multitude of off car activities to choose from, while living on board luxurious rail Cars.
• Free shuttle services during layovers, to and from parked ATs Cars where passengers reside.
• No low, undesirable months. Routes change to avoid adverse seasonal weather conditions.
• Special theme Journeys like golf, skiing, special events and others.
• Points based Train’Share (timeshare) ownership and flexibility. Train’Share buyers purchase a preferred number of points that they use like currency to acquire annual or more frequent Journey vacations of their choice at a fraction of the normal fare; for this purpose each point is equal to $1.00. The purchased number of points can be based on a buyer’s vacation interests and the fares for preferred Journeys by Rail. Journeys with higher or lower fares can be selected and paid for by using future or saved points. Points are valid for one year but are automatically renewed each year at no cost during the term of Train’Share ownership. Additional points are automatically given to Train’Share owners at no cost to provide for inflationary price increases.
• Point purchase prices are different based on the term of ownership. The one time purchase price is $1.95 per point for a 10 year term; if the expected average published fare for Journeys that will be used is $21,000, 21,000 points should be purchased and the cost is $40,950,  $4,095 per Journey over a 10 year period. The one time purchase price is $2.63 per point for a perpetual term (forever); if the expected average published fare is $21,000, 21,000 points should be purchased and the cost is $55,230, which is $1,841 per Journey over a 30 year period. In the second year after the purchase date, a 10 year term Train’Share can be converted to a perpetual Train’Share for $0.98 per point. Point prices are expected to increase without notice. Points are valued at $1.00 when acquiring Journeys by Rail.
• There is just one, a single Train’Share fee for each used Journey that is normally fixed at 47% and will always be less than 48% of the current normal published fare (on ATs’ web site). There are no other mandatory charges.
• Much lower overall Journey by Rail costs. If the annualized original cost of points is combined with the single 47% of published fare fee when Journeys are used, over time the average total cost of an annual perpetual term Journeys is below 50% of normal Journey prices. Low fares are enhanced partially because Train’Share owners receive free additional points to cover the cost of inflation while published Journey fares increase by at about 3% per year.
• No fees are owed if an annual Journey is not used and it is given to ATs. ATs pays the fee. This does not affect an owner’s other Journeys.
• Gift or will Train’Shares for use by children, grandchildren or others.
• Flexible Journey procedures allow Train’Share owners to take more than one annual or longer than normal Journeys that can be paid for by borrowing points from future years, and to save (bank) unused points for use in future years.
• Journeys by Rail can be rented through existing travel agencies looking for inventory. Train’Share owners keep net income.
• Train’Shares can be sold: back to ATs for an amount that equals the price originally paid, less the value of Journeys and services used to date; or, elsewhere and the price may be based on the number of remaining Journeys (years) for which there should be continuing demand.
• Journeys can be exchanged through the world’s largest timeshare exchange entity, RCI, for one or more of over 4,000 worldwide resorts and for cruises.
• Ongoing availability of immaculate Cars is assured be ATs’ need for Journeys to sell as individual Journey vacations and related car optimum Car care, modifications and enhancements.

The sale of typical real estate timeshares is governed by the State in which they are sold. Because Train’Shares are real property, there may not be any applicable governing regulations. Although it may not be required, ATs by its own accord uses sales documentation similar to documents required for the sale of typical timeshares, starting with a Disclosure Statement.

ATs  Train’Share rights and the related use of Journeys by Rail are governed by a Train’Share Purchase Agreement, Declarations, and normal Journey Terms and Conditions.

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