Yes, I'm an owner there and absolutely love it. We have a Week 18 full ocean view unit which usually falls in the first of May. Absolutely gorgeous and just a treat to be in that lovely part of the world during that time of year. And even though it's mid-Spring, we always bring our sweatshirts and light jackets as the 50's are pretty standard. But we love it.
My oh my! So it would cost from $44,800 to $128,700 to enjoy the wonderful benefits of a points program. And then pay from $2,300 to $12,870 for annual dues. I can't wait to sit in on an "owner's update" just to watch ILG put the numbers on the table. My guess is the first question at the get go involves annual income. Maybe it will go like this..."do you have a annual income of >$200,000 and a net worth of >$2 million? If so, you're a qualified buyer. If not, it was nice meeting you!
I guess if Hyatt makes "re-selling" weeks and/or points very restricted and degraded, the Sellers only option will be to sell back to Hyatt at close to zero... Hyatt will get their product back at much less than current ROFR cost.
Unconscionable. So the Hyatt sales weasels look at the top box and say with a straight face, "Oh, I see your income level is $100,000. Well, I'd like to recommend a vacation package that will only cost you about half your annual income. And we'll throw in a set of steak knives if you sign right now." (Sorry...couldn't help myself with the Glengarry Glen Ross movie reference.)
Add in the "sledge-o-matic" and we're getting close to a deal. Let me see, I give you my deed, a boat load of cash and you give me a bag of points, the steak knives AND a sledge-o-matic. OMG I've got too many numbers swirling around in my head and it makes my head hurt!
Okay, okay...I know it's a lot to think about, but that sledge-o-matic is like the Swiss Army knife of super-gadgets! It will not only smash a watermelon, it will curl your hair on its slow speed, and it will even do the dishes for you. And those steak knives--well! If you've ever overcooked your steaks on the grill so they're like shoe leather, these steak knives will slice through 'em like they're the marshmallows for your S'mores you're having for dessert that night. Now about that week of vacation in Florida I was telling you about for the low, low price of just $48,000...did you know you can stretch it out to 6 weeks by smart use of your points?????
Hmmmm, 6 weeks in a studio for only $1,142 per night. For that I also need a few frosty drinks with little umbrellas and a cherry. That will make the leather & marshmallow combo go down so nice.
We can certainly do that! I'll gladly ply you with a few right now and...and...wait a minute...Hey, Mike! You have one of those free drinks vouchers? Let's give these nice people a voucher! Now, you just sign right here acknowledging receipt of this voucher. Now this obligates you to attend a one-hour Deluxe Owner's Update on your next visit. Or, if you prefer, I'll just take a copy of your credit card so you can get the Explorer's Package. Coupled with your $48,000 purchase, it's available today for just $4,000 and allows you to return during midweek days every 4th Tuesday during the Year Of The Dragon. Did you know that's a lucky year? Now how are those drinks tasting?
"Once I have the facts" is the key. Wish we knew what was going on.
An activist hedge fund holding 2% of ILG stock is complaining. I wonder if the 2 percenter has much standing?
Just like surfing the internet. In general this type of activity might get some entity one seat on the BOD.
X 2... If you want it and will use it, buy it. If you don't know, don't buy it...
They may be interested. I just hate all these changes constantly but we are not multiple timeshare week owners, thank goodness.