Ft. Lauderdale Beach Resort now with Capital

[happyhills]

We have owned at Ft. Lauderdale Beach Resort since 1994. Always traded through Interval International and been happy. Now that Capital has bought VRI, we are concerned that we will have to use RCI and maintenace fees will increase. Any suggestions as what we should do? Sell or keep...

 

[TheTimeTraveler]

Don't kid yourself -- maintenance fees will be going up there, and everywhere else. Why? Inflation alone will force fees up no matter where you own.

I would not sell UNLESS they actually won't let you use Interval International as your main source of trading. Until such time? Business as usual.

Now, go back to more important things in life like will Social Security still exist in 2034..........?




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[T-Dot-Traveller]

We have owned at Ft. Lauderdale Beach Resort since 1994. Always traded through Interval International and been happy. Now that Capital has bought VRI, we are concerned that we will have to use RCI and maintenace fees will increase. Any suggestions as what we should do? Sell or keep...

Keep your existing deed / Don't go to owner updates.
Here is a thread by @Eric B - who did go to a Capital Sales Presentation at FLBR in Jan 2023.

Capital Vac Club - Owners Update at Fort Lauderdale Beach Resort

Here is the View from the Balcony thread for FLBR .
You can add pictures next visit.

https://tugbbs.com/forums/threads/view-from-the-balcony-capital-vacations.349398/

 

[jrb916]

Our TS was bought by CV a few years ago. We can still trade w/ II, but they make it more difficult. CV also owns Trading Places, so they will be your primary trading company soon, if not already.

Great advise to stay away from owner updates w/ CV!

 

[5finny]

Agree with above
Several resorts I own were managed by VRI
I know that most (and probably all) are independent and in good shape financially
Just a hand full of association owned weeks
If the association had a large amounts of defaults and association owned weeks I would have some concern
As it is I have just suggested to the Board that they start to look for another management company

 

[pedro47]

Will CV, upgrade the furnishings at the Ft. Lauderdale Beach Resort?

 

[Eric B]

Will CV, upgrade the furnishings at the Ft. Lauderdale Beach Resort?

Nope....

Fort Lauderdale Beach Resort dropping Capital Vacations as Management Company

Received a letter from the board of directors of the Fort Lauderdale Beach Resort stating they are dropping Capital Vacations as the resort Management Company. The previous contract with VRI expires December 31/23 which Capital took over. The lease for their sales presentation center will...

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