PigsDad
TUG Member
- Joined
- Nov 1, 2006
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- Location
- Colorado and SW Florida
- Resorts Owned
- HGVC Elite: SeaWorld, Surf Club, Charter Club, Valdoro
I would agree with that logic, and it seems to match my experience in owning hotel-branded timeshares for the last 15 years. Very modest annual increases (2-4%), and no special assessments -- even though two of our timeshares took a direct hurricane hit that caused enough damage for them to be shut down for several weeks.I think the hotel-branded operations will always want to funnel their frequent-staying members towards buying vacation ownership. To do that, they have to be sure that the timeshare maintenance fees always offer a value proposition over staying on-site via direct booking. That creates a cap on how high they can go with maintenance fees.
What the fees are at independent resorts won't matter much, because on the sales floor buyers aren't making that comparison.
@bogey21: George -- given that hotel-branded timeshares have been around for several decades, why to you think all of a sudden their MFs will start increasing to the point they will be "in serious trouble 10-15 years down the road"? Years of past data certainly doesn't support that prediction. What do you see changing?
On the contrary, the resorts that have gotten themselves into a death spiral of defaults that lead to higher MFs that lead to more defaults to higher MFs, etc., have almost always been smaller, independent timeshares.
Kurt
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