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[2008] Festiva is now managing my resort, how bad is it going to get?

wow,
that was some good reading about festiva.. I was looking at buying a unit at BRV and now have decided to wait..

Tombo raised a lot of good points about BRV causing me to hit the hold button for a bit..

Nice to find out which units are phase 1 and phase 2

last message from FestivaRep was nov 14th... hope all is well
 
FestivaRep said:
Festiva Resorts is not the new management company for the Sandcastle Resort, therefore we have no knowledge or control of any assessments for 2009.
Click to expand...

This appears to be the final word from FestivaRep. Please note that she is employed by the Festiva Management Group, and that FMG is not managing Sandcastle or Southcape.
 
tombo said:
I own a couple of weeks at a former Peppertree resort in North Carolina. Festiva took over the management from Wyndham of Blue Ridge Village after buying all of the Peppertree (and I think Equivest) resorts. I figured what the heck, new management, new sales pressure, new people trying to recoup their investment. Since I have fixed weeks ( which I like) at Blue Ridge Village, I figured it won't hurt me what ever changes they make. I searched Festiva here on TUG and found that there is a law suit against Festiva at the Atrium in St Maarten. Supposedly they raised MF's at the Atrium over 50% the first year and then again the second year while trying to change contracts to the detriment of current owners.

This scared me so I called a board member today and asked if Festiva has mentioned raising our MF's, and I was told they were planning on upgrades and the MF's will increase. They also got a Festiva employee on the board which is rarely good.

In addition on the Festiva web site it said that a couple if the properties they purchased has additional land where they could build additional units, and BRV is one of those. This will add more people to the pool, tennis courts, fishing on the lake etc. I asked the board member if she had heard anything and she said they are planning on building additional units. I would have thought the current owners would own all the property and common areas since the resort was sold out years ago, but apparently not.

I am asking for input from anyone who has experience with Festiva taking over their resort to see if I need to sell and get out before they raise the MF's by a ridiculous amount. The Atrium could be an isolated event, but I am scared that it is actually Festiva's standard operating procedure. Hopefully some TUGGERS have some knowledge of Festiva.
Click to expand...

Hi,

I just bought festiva Resort . Please advice WHERE CAN i GET HOLD OF ANY BOARD MEMEBRS,THEIR NAMES........THANKS MILDRED mimimay1@aol.com
 
carl2591 said:
wow,
that was some good reading about festiva.. I was looking at buying a unit at BRV and now have decided to wait..

Tombo raised a lot of good points about BRV causing me to hit the hold button for a bit..

Nice to find out which units are phase 1 and phase 2

last message from FestivaRep was nov 14th... hope all is well
Click to expand...

Hello,

I bought festiva resort last Aug of 2008 with 3,300 points and have not used it. I have decided to sell it and if you are interested,please let me know. Thanks Mildred ....mimimay1@aol.com SC
 
Another unhappy Festiva owner?

mimimay1 said:
Hello,

I bought festiva resort last Aug of 2008 with 3,300 points and have not used it. I have decided to sell it and if you are interested,please let me know. Thanks Mildred ....mimimay1@aol.com SC
Click to expand...
There are two discussions you need to visit here:
Southcape Resort ( 1 2 3 4 5 ... Last Page)
Festiva takes over resort ( 1 2 3 4 5 ... Last Page)

The above links will take you to the first page. As you will soon learn, you aren't alone in your unhappiness with Festiva!
 
Good post, tombo!

tombo said:
Festiva owns the weeks that the points memberships are based on so whenever a member defaults on their annual dues, it is not the other renters responsibility to pay Festiva's shortfall on their deeded property. If you are renting an apartment from a landlord he doesn't charge you more when your neighbors don't pay their rent.

Festiva bought all of the unsold inventory and all of peppertree's/ Wyndham's weeks at Blue Ridge Village giving them ownership of the majority of weeks in Phase 2 at my resort. They claim that they own the common areas out right and they also purchased woods which they plan on building new timeshares on. So yes they actually do own the mjority of Phase 2 at my resort, in fact they own 80% according to their CEO. No matter how many points memberships they sell, they will always own at least 80% because they don't offer the deeded weeks they own for sale. This 80% ownership is how they took over control of the HOAs because they have 80% of the votes.

I didn't buy into Festiva's system and never would. What happened is that I was a deeded owner when the resort was managed by Wyndham. I am still a deeded fixed week owner at the resort and Festiva can't do anything about that. Festiva came in and took over the resort and I had no say in that just like I have no say in them managing the resort, no say in what they charge to manage the place, no say in what they renovate, no say in what they assess, and no say about who they hand pick to be on the board. It is a great resort run by a terrible organization who raises MF's and assesses as they see fit. I have yet to quit and sell because I love the resort and the area, but once they inform me how much it will cost me in MF's and assessments in 2010 I might have to punt my weeks I own at this resort. I hope they will not be stupid and raise MF's and assessments so high that many more owners will have to default, but I am afraid that their need for cash now will lead them to charge too much during these tough times. We are at their mercy and I am afraid that they won't show any mercy. :mad:http://www.tugbbs.com/forums/showpost.php?p=822633&postcount=308
Click to expand...
I'm posting this here because this discussion was so helpful to me as I researched Festiva Resorts when I nearly lost my deeded timeshare week to Festiva. Thank you, tombo!
 
This is a thread on the Central US forum

http://www.tugbbs.com/forums/showthread.php?t=118265


Since Festiva is discussed in the above thread (like this thread I originally posted in the points forum), I assume that it will now be moved to the eastern US forum. The above mentioned thread is about a Festiva resort in Branson so it should actually remain where it is, just like this thread discussing Festiva's use of the sale of points to take over resorts all over the western hemisphere (including Branson) should have remained in the points forum, but apparently any thread that mentions Festiva must be moved to the eastern US forum. If the above referenced post is allowed to remain in the central US forum (as it should), please return this thread to the points forum where it began and should remain.

Thanks,
Tombo
__________________
 
So how bad IS is it going to get?

Here's a link to a copy of the presorted First Class letter from Asheville, NC that arrived in the mailboxes of Southcape Resort deeded owners last week. Many owners ignored it because they aren't aware that "Festiva Hospitality Group" has taken over the management of Southcape Resort:
http://xa.yimg.com/kq/groups/41573436/8567634/name/Festiva.pdf
 
In case the xa.ying link doesn't work

Sou13 said:
Here's a link to a copy of the presorted First Class letter from Asheville, NC that arrived in the mailboxes of Southcape Resort deeded owners last week. Many owners ignored it because they aren't aware that "Festiva Hospitality Group" has taken over the management of Southcape Resort:
http://xa.yimg.com/kq/groups/41573436/8567634/name/Festiva.pdf
Click to expand...
Just in case the above link doesn't work, I've posted the contents of the letter at http://www.tugbbs.com/forums/showthread.php?p=944644#post944644
 
Festiva Resorts Atlantic Beach Board members

HOA Officers
.
Ford Buffaloe - President
Robert Anderson - Vice President
David Heath - Secretary - Treasurer
(Ms.) Frances Gladson - Member
Thomas Taylor -
 
Festiva Resorts Problems

mimimay1 said:
Hello,

I bought festiva resort last Aug of 2008 with 3,300 points and have not used it. I have decided to sell it and if you are interested,please let me know. Thanks Mildred ....mimimay1@aol.com SC
Click to expand...

are pig flying..?? that is when I and most anyone that is aware of what is going on with Festiva would be buying some points. try listing them on redweek.com
 
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