2026 Maintenance Fee Discussion

[dioxide45]

I didn't see a thread for this yet, and this certainly doesn't need to be an official one but I received the 2026 estimated budget for Marriott's Harbour Lake. Certainly with it being estimated, the total fees isn't something to consider given how they estimate based on fully funded reserves. In any account, did notice a few things of interest.

Parking revenue is expected to be double what it was in 2025. I suspect they had mopre revenue in 2025 than they anticipated receiving?
There is a Surplus Return under Revenue of about $88. Though it is offset under Expenses as Operating Capital. I recall resorts doing something similar during covid when they had a surplus.
Taxes are up 12%
Housekeeping is flat or actually down 1%
Bad Debt is about $45 per owner week. Though when I do the math on this, it seems like that only works out to about 365 interval weeks in default.
Operating Fee overall is going to be up by 8%.

LINK to estimated budget

 

[Superchief]

I didn't see a thread for this yet, and this certainly doesn't need to be an official one but I received the 2026 estimated budget for Marriott's Harbour Lake. Certainly with it being estimated, the total fees isn't something to consider given how they estimate based on fully funded reserves. In any account, did notice a few things of interest.

Parking revenue is expected to be double what it was in 2025. I suspect they had mopre revenue in 2025 than they anticipated receiving?
There is a Surplus Return under Revenue of about $88. Though it is offset under Expenses as Operating Capital. I recall resorts doing something similar during covid when they had a surplus.
Taxes are up 12%
Housekeeping is flat or actually down 1%
Bad Debt is about $45 per owner week. Though when I do the math on this, it seems like that only works out to about 365 interval weeks in default.
Operating Fee overall is going to be up by 8%.

LINK to estimated budget

It doesn't look like they are trying too hard to keep increases low. Many people will be forced out of ownership if these increases continue.

 

[rickandcindy23]

"Flattish." Like it's owners' fault Marriott sold to deadbeats.

Salespeople push too hard to get sales from people who truly cannot afford to pay for the ownership, then the fees on top of that. The responsibility should be on Marriott.

 

[igopogo]

I didn't see a thread for this yet, and this certainly doesn't need to be an official one but I received the 2026 estimated budget for Marriott's Harbour Lake. Certainly with it being estimated, the total fees isn't something to consider given how they estimate based on fully funded reserves. In any account, did notice a few things of interest.

Parking revenue is expected to be double what it was in 2025. I suspect they had mopre revenue in 2025 than they anticipated receiving?
There is a Surplus Return under Revenue of about $88. Though it is offset under Expenses as Operating Capital. I recall resorts doing something similar during covid when they had a surplus.
Taxes are up 12%
Housekeeping is flat or actually down 1%
Bad Debt is about $45 per owner week. Though when I do the math on this, it seems like that only works out to about 365 interval weeks in default.
Operating Fee overall is going to be up by 8%.

LINK to estimated budget

This is interesting. It looks like operating capital is a new line item that makes up most of the increase. What is that line?

…edit… looking at your comment again, I see that could be your question as well.

 

[Superchief]

"Flattish." Like it's owners' fault Marriott sold to deadbeats.

Salespeople push too hard to get sales from people who truly cannot afford to pay for the ownership, then the fees on top of that. The responsibility should be on Marriott.

And they also get an additional 10% management fee on this bad debt expense that they caused to begin with, in addition to the 'operating capital'.

 

[dioxide45]

I’ve also wondered,, how many of the products and other items used by the resorts are actually provided and sold by Marriott vacation club to the homeowners association at a markup. Kind of like how franchise restaurants have to purchase all their products from the company versus being able to go out and just purchase them on their own.

 

[igopogo]

Renovations and insurance are both MVC owned companies, from my understanding. I’m not sure about the markup but I’m guessing it’s there. I never thought about things like soap and paper towels, but you could be on to something.