Be part of the (click on) “huge”, “incredible”, “massive”, “impressive” growth of post Covid timesharing
Train’Share rights and use of Journeys by Rail are governed by a Train’Share Purchase Agreement, Declarations and Journey Terms and Conditions.
Timesharing made better, an overview
Train’Share buyers (“Owners”) have rights to exclusive five to 11 day Journeys by Rail (“Journeys”), the USA’s unique, preeminent, all-inclusive luxury vacations the best timesharing rights, eliminating perceived timeshare ownership concerns.
Owners enjoy frequent annual (every year) or biennial (every second year) Journeys throughout the USA and into Canada for an Initial Term of 10 years or for a Perpetual Term (75 year old rail cars remain in service), at less than 40% of the normal Journey cost and with special timeshare benefits. An initial Term can be extended at a later date to become a Perpetual Term.
Train’Share ownership is represented by the one-time purchase of a selected number of Points. Points are used to pay for Journeys year after year. Points work like currency. No matter what the one-time purchase cost for Points is, each Point is always valued at $1.00 when paying for Journeys.
Points are valid for one (the current) year but are automatically renewed each year thereafter, at no cost.
Buyers typically purchase a number of Points based on the price of Journeys they expect to use each year; but, can enjoy Journeys of any length or price by using Points from future years, that were unused in previous years (delayed), by acquiring additional points or by paying any additional amount with cash.
Train’Share owners pay the lowest Journey fare published at https://americantrainvacations.com/journeyinfo (or replacement web site) when a related reservation is confirmed. If such lowest fare is $15,000 for two persons ($7,500 per person), it takes 15,000 Points to pay for it (at $1.00 per Point), year after year using the same annually renewed (at no cost) Points.
If average current Journey fares increase, Owners automatically receive an appropriate number of Additional Points at no cost to ensure that the buying power of the total number of Points purchased and owned by them is not diluted.
Owners pay a single Journey Use Fee equal to 33% of the Normal Fare for individual Journeys as described on the America’s Trains’ web site at the time a Journey reservation is confirmed (“Use Fee Percent”) to cover consumable operating and administrative costs.
If Owners don’t use a Journey they don’t have to pay a Journey Use Fee. There are no other mandatory fees or charges.
The Journey Use Fee is subject to change, decrease or increase, if approved by a majority Train’Share Owners. ATs guarantees that Journey Use Fees will not exceed the approved Use Fee Percent amount. Any excess costs are paid by ATs.
Points from future years, that were unused in previous years (delayed), by acquiring additional points or by paying any additional amount with cash
If an Owner wants to enjoy higher priced or more Journeys, any additional cost can be paid using Points that were unused (banked) in previous years, by using future year Points in advance, by paying cash for the higher amounts, or by purchasing Additional Points at the current Point price prorated to reflect the number of remaining ownership years for an Initial 10 year Term Train’Share, and for a Perpetual Term prorated to reflect ownership for 30 years (a Perpetual Term is actually for much longer). If a lower priced Journey is used, surplus current year Points can be banked, saved for future use.
The cost per Train’Share Journeys is less than half the cost for similar quality luxury resort vacations, below the cost of equivalent timeshare resorts, and a fraction of the cost for similar foreign train vacations (there are no others in the USA).
Journeys are all-inclusive. Points pay for all on-board and some specified off-Car services including dining, all kinds of beverages, things to do, and personalized service.
Points can be used to pay for more than one Journey in the same year.
Owners can use Points to pay for other vacations offered by the world’s largest vacation exchange entity, with over 4,500 worldwide locations to choose from.
Points can be loaned to other persons.
Owners can rent Journeys directly or through travel agents that are looking for Journey inventory, and keep net income.
Owners can sell Train’Shares. The retail value of future unused Train’Share Journey vacations supports the Train’Share resale market.
Owners can sell their Points back to ATs after using at least six Journey nights. ATs will pay Owners the original amount paid for the Points less the value of Journeys and other goods or services that have been used to date. ATs retains a service charge equal to 2% of the price paid for the Points that are being repurchased.
In addition to selecting Journeys from those allocated to Train’Shares, Train’Share Owners have rights to reserve Journeys during time periods that are allocated for and would otherwise be sold as individual (single) Journeys. This provides a significant number of additional Journeys to choose from.
The present purchase price per Point is $1,50. The Normal Fare for a typical 7 night Journey by Rail in a Master Suite is about $16,000 which would be paid for with 16,000 Points. Therefore, the cost of a related Train’Share would be $24,000 (16,000 X $1.50)
Because Points are automatically renewed each year, at no cost, the initial full one-time purchase cost of Points is amortized over many years. The purchase price of an annual (one year) Initial Term (10 years) Point is $1.50 which is $0.15 per year. The purchase price of a Perpetual Term Point is $2.03; assuming that the Perpetual Term is only for 30 years, which should be much longer (75 year old rail cars are in service), the annual cost per Point is under $0.07
The total Train’Share Owner cost for a $15,000 eight day Journey (for two passengers), including the amortized original cost of Points plus the Journey Use Fee, is about $7,050 for Initial Term Train’Shares and $5,850 for Perpetual Term Train’Shares. This is about 47% and 39% of the normal Journey fare.
This is not an offer to sell nor a solicitation to residents of any state or other jurisdiction where regulatory requirements have not been fulfilled.