*ads are disabled when logged in*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 23 years! Join the tens of thousands of other owners here to get any and all Timeshare questions answered!
  3. We completed the upgrade of the TUGBBS forums recently and are still working on issues/customizations/changes etc. Please post in the thread in the ABOUT TUGBBS section with your feedback. Note if you are unable to log in or access the forums please email us at tug@tug2.net!
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice

Diamond resort US points, a good deal or not?

Discussion in 'Buying, Selling, Renting' started by vacationer2011, Dec 13, 2011.

  1. vacationer2011

    vacationer2011 TUG Member

    Joined:
    Dec 7, 2011
    Messages:
    3
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bay Area California
    I live in Northern CA and am interetsed in buying into a timeshare. I have stayed at the Diamond resort locations in CA and I see some good deals in buying points to get in. But I have a few concerns and I would appreciate any perspective:
    1. Maintenance fees are too high
    2. U.S. collection is very limited & only has 2 locations in CA
    3. Availability seems to be scarce & have to reserve long time ahead of the planned trip.
    4. It seems unclear whether I can join their club or not and at what cost. This would be to use their other locations.
    5. Lots of complaints about their fees going up drastically every year.
    6. Unsure how many points I need to reserve at different times of the year. It seems like no one can answer how many points are needed for example for a 1 bedroom at peak season in Lake Tahoe, it seems to be a moving target. So I am not sure if I will get 1 week or 2 weeks for 11,000 points? And by week do they mean 5 days or 7 days.
    I appreciate any feedback,

    Thank you.
     
  2. artringwald

    artringwald TUG Member

    Joined:
    Apr 22, 2011
    Messages:
    2,110
    Likes Received:
    1
    Trophy Points:
    38
    Location:
    Oakdale, MN
    I can't address all your concerns, but to book a 1 bedroom in Lake Tahoe from 07-Jul-2012 to 14-Jul-2012 costs 10,000 points. In 2006, the maintenance fee payment for our week in Kauai was $875. The 2012 fee is $1353, not including the special assessment (a whole other story). It's hard to say whether the fees went up because the previous management company wasn't maintaining the property properly or if the owner's association has been paying too much back to DRI. Unfortunately, DRI employees and relatives have a controlling majority on the board of the owner's association.
     
  3. vacationer2011

    vacationer2011 TUG Member

    Joined:
    Dec 7, 2011
    Messages:
    3
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bay Area California
    Thank you. The maintenance fee is a big concern.
     
  4. PamMo

    PamMo TUG Member

    Joined:
    Jul 17, 2006
    Messages:
    2,265
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Missouri
    We love Sedona and have owned at Los Abrigados Resort for several years. It definitely isn't the nicest resort we've stayed in, but the location is unbeatable, the grounds are beautiful, the restaurants are good, the spa was excellent, and the units were comfortable. Unfortunately, management was not so good, and Los Abrigados ended up in bankruptcy court. Diamond bought the resort at the end of 2010, and we've seen MF's rise from $615 (2009), to $635 (2010), to $787 (2011 - when Diamond took over), to $891.20 (2012). This is for a 1BR unit, worth 6,000 points. These fees do not include the Diamond Club, which we opted out of, which adds another $150 or so.

    Some of the 50% spike in fees in two years is due to previous management's mismanagement, but fee increases like this are a shock to owners nonetheless. (I guess we should be happy we don't own at Point at Poipu in Kauai, where Diamond just assessed the owners almost $6,000 per unit for needed repairs!) Los Abrigados WILL be updated and improved under Diamond, but I don't forecast fees ever going down. Our hiking getaway isn't the great deal it once was - we now pay higher MF's than owners at Hyatt's Pinon Pointe timeshare up the street in Sedona.

    As far as availability goes, after Diamond took over, it was harder to get the weeks we wanted. It is now absolutely necessary to plan a year ahead. This year, we had to do an Interval trade using Diamond points to get back to Sedona.
     

Share This Page