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TIME DIVISION
A system of establishing the value of a week typically based upon season. For example: a week 3 (Mid January) purchased at a New England beach resort would not hold the same value as a midsummer week at the same resort due to the fact that the season in January is not conducive to vacationing on the beach. Time divisions are expressed as high time or red time meaning prime time, white time or medium time meaning medium desirability, or blue time or low time meaning the least desirable time.
     Some resorts such as Hawaiian resorts consider all weeks as prime time since their tropical climate permits pleasant vacations throughout the calendar year. Aditionally, many resorts offer year-round activities, often referred to as four season resorts, in which the owner may participate in a variety of seasonal activities. Other factors that affect the interval week?s desirability would be holidays and special local events.