2022 Hilton Grand Vacations Maintenance Fees

[alwysonvac]

HGVC FLAMINGO one bedroom (Las Vegas)

2022 Total w/o Club Dues $1,018.48
Last year’s MF (attached below) was $971.05 (increase $47.43) - 4.88% increase

2022 Operating Fee	$704.35	01/01/2022
2022 Reserve Fee	$278.01	01/01/2022
2022 Real Estate Tax	$36.12	01/01/2022
2022 Club Dues	$193.00	01/01/2022

My Maintenance Fees for Flamingo One Bedroom Platinum from 2003 to 2022

YEAR      OE           RE     TAX        SUB      ARDA     DUES       SA      TOTAL      Increase
2003    $431.46    $62.32    $31.52    $525.30    $3.00    $85.00    $0.00    $613.30    $0.00
2004    $433.63    $67.59    $33.70    $534.92    $3.00    $85.00    $0.00    $622.92    $9.62
2005    $442.44    $72.40    $34.40    $549.24    $3.00    $85.00    $0.00    $637.24    $14.32
2006    $451.21    $77.67    $35.52    $564.40    $3.00    $85.00    $0.00    $652.40    $15.16
2007    $470.62    $89.41    $37.99    $598.02    $3.00    $90.00    $59.80   $750.82    $98.42
2008    $501.59    $105.74   $38.21    $645.54    $3.00    $90.00    $96.20   $834.74    $83.92
2009    $539.78    $100.56   $41.79    $682.13    $3.00    $95.00    $95.33   $875.46    $40.72
2010    $546.51    $119.11   $49.09    $714.71    $3.00    $99.00    $0.00    $816.71    ($58.75)
2011    $557.44    $129.93   $44.04    $731.41    $3.00    $114.00   $0.00    $848.41    $31.70
2012    $565.26    $141.56   $26.97    $733.79    $3.00    $119.00   $0.00    $855.79    $7.38
2013    $585.80    $153.70   $27.63    $767.13    $3.00    $125.00   $0.00    $892.13    $36.34
2014    $599.22    $166.13   $31.62    $796.97    $5.00    $136.00   $0.00    $932.97    $40.84
2015    $616.60    $180.14   $29.45    $826.19    $5.00    $140.00   $0.00    $966.19    $33.22
2016    $635.54    $188.71   $29.64    $853.89    $5.00    $150.00   $0.00    $1,003.89  $37.70
2017    $639.49    $204.94   $29.56    $873.99    $5.00    $159.00   $0.00    $1,037.99  $34.10
2018    $648.28    $222.57   $29.98    $900.83    $5.00    $170.00   $0.00    $1,075.83  $37.84
2019    $665.60    $241.72   $30.49    $937.81    $5.00    $176.00   $0.00    $1,111.81  $35.98
2020    $678.29    $261.05   $31.35    $970.69    $5.00    $182.00   $0.00    $1,157.69  $45.88
2021    $675.38    $261.04   $34.63    $971.05    $5.00    $186.00   $0.00    $1,162.05  $4.36
2022    $704.35    $278.01   $36.12    $1018.48   $5.00    $193.00   $0.00    $1,216.48  $54.43

Legend
OE = Operating Expense
RE = Reserve Fee
TAX = Real Estate Tax
Sub = Subtotal (OE + RE + TAX)
ARDA = Voluntary ARDA
DUES = Club Dues (increased from $85 to $176)
SA = Special Assessment (in 2007, 2008 and 2009)

 

[rjp123]

South Beach Miami - 1 Bedroom Platinum (4800 pts)

2022 Operating Fee - 896.30 (-2.1%)
2022 Reserve Fee - 226.44 (+94%)
2022 Real Estate Taxes - 93.52 (+4.5%)
2022 Club Dues - 193.00 (+3.7%)
Total: $1,404.26 (+7.5%) w/ club dues
Total: $1,216.26 (+8.5%) w/o club dues

The increase in reserve fee is significant (+94%) - I'm looking at the 2021/2020 budget to understand what changed.
EDIT: 2020 Reserve was $215, with most of that going to capital improvements. 2022 is $226 with most going to interior. So, net net, 2021 was the off year with less reserve due to the property being closed and less wear/tear.

Note: Edit by moderator

 

[holdaer]

Hilton Grand Vacations on Paradise - 2BR Gold (5,000 pts)

2022 Operating Fee - $ 690.95
2022 Reservation Fee - $ 295.00
2022 Real Estate Tax - $ 41.54
Total w/o Club Dues - $ 1,027.49 (+4.67%) ($54.48 increase over 2021)

Moderator added: MF same as Post #22 for 2BR Platinum

 

[dayooper]

South Beach Miami - 1 Bedroom Platinum (4800 pts)

2022 Operating Fee - 896.30 (-2.1%)
2022 Reserve Fee - 226.44 (+94%)
2022 Real Estate Taxes - 93.52 (+4.5%)
2022 Club Dues - 193.00 (+3.7%)
Total: $1,404.26 (+7.5%) w/ club dues
Total: $1,216.26 (+8.5%) w/o club dues

The increase in reserve fee is significant (+94%) - I'm looking at the 2021/2020 budget to understand what changed.
EDIT: 2020 Reserve was $215, with most of that going to capital improvements. 2022 is $226 with most going to interior. So, net net, 2021 was the off year with less reserve due to the property being closed and less wear/tear.

Note: Edit by moderator

The change in reserve fee from 2020 to 2022 is only $6.61 (3.0%) It's not really as big as it seems.

 

[rjp123]

The change in reserve fee from 2020 to 2022 is only $6.61 (3.0%) It's not really as big as it seems.

Agreed.

Sent from my Pixel 4 using Tapatalk

 

[Msb1102]

Trump Tower 2 Bedroom Penthouse Platinum (12,600)

2022 Operating Fee: 1,679.53
2022 Reserve Fee: 274.97
2022 Real Estate Tax: 88.37
2022 Total: $2042.87

2021: $2013.09
Increase of around 1.458%

Pretty happy with this given I have a two of these units on a single deed. Couple more years of this and these units will be a steal!

 

[RNCollins]

Casa Ybel Resort
2255 West Gulf Drive
Sanibel Island, Florida
Week 37
2 Bedroom 2 Bath Unit: 1,200 square feet

Sanibel Island Timesare | Casa Ybel Resort

Spend quality family time along Florida’s Gulf Coast at Hilton Grand Vacations’ beachfront Sanibel Island timeshare property.

www.hiltongrandvacations.com

2022 Operating Fee	$782.38
2022 Reserve Fee	$252.58
2022 Real Estate Tax	$32.38

Total Amount Due: $1,067.34

Moderator added:
Increase of $42.26 or 4.12% from 2021 MFs

 

[WaterMan]

Elara 1 Bedroom Gr - Gold 5000 points

2022 Operating Fee $723.98
2022 Reserve Fee $150.33
2022 Real Estate Tax $36.02

Total $910.33
Moderator added : Increase of $25.64 (2.9%) from 2021

2022 Club Dues $193

 

[Magus]

Elara 2 Bedroom

2022 Operating Fee $949.11 01/01/2022
2022 Reserve Fee $214.58 01/01/2022
2022 Real Estate Tax $59.79 01/01/2022
2022 Total $1223.48
+2.9%

 

[PigsDad]

The Surf Club of Marco Island 2BR Platinum (7000 points)
Note: all units are 2BR at this location

2022 Operating Fee $982.03
2022 Reserve Fee $271.07
2022 Real Estate Tax $57.91
Total 2022 MF: $1,311.01

Increase of $30.03 or 2.3% from 2021 ($1,281.98)

Interesting note: I own week 52, and in 2022 with a Saturday check in, there is a week 53. The HOA charges $125 (housekeeping fee) for that extra week 53, so my actual total MF bill for 2022 is $1,436.01.

Kurt

 

[PigsDad]

SeaWorld (Orlando Vacation Suites II)
3BR Platinum (8400 points)

2022 Operating Fee $1,060.13
2022 Reserve Fee $337.48
2022 Real Estate Tax $227.41
Total 2022 MF: $1,625.02

Increase of $57.39 or 3.7% from 2021 ($1,567.63)

Kurt

 

[phil1ben]

Miami South Beach
2BR Platinum (7000 points)

2022 Operating Fee	$1,324.88	01/01/2022
2022 Reserve Fee	$334.71	01/01/2022
2022 Real Estate Tax	$144.55	01/01/2022
2022 Club Dues	$193.00	01/01/2022

Total $1,997.14

Moderator added:
Totol w/o club dues: $1804.14 (increase of $143.66 {8.65%} from 2021

In 2021 the same fees had a total of $1,846.48 for an increase of 8.15% mostly due to the increase in reserve fees from $172.20 to $334.71.

 

[SkyBornDancer]

HGVC at Trump International Hotel, Las Vegas, 1B+ Platinum (9300 pts)

2022 Operating Fee: $1,091.67
2022 Reserve Fee: $177.74
2022 Real Estate Tax: $57.12

2022 Total = 1,326.53 (MF per point 0.14)

1.19% increase from 2021 Total of 1310.90

 

[mscheribel59]

HGV Tuscany Orlando 2 Bedroom Platinum 7,000 points

2022 Operating Fee $899.76 due 1/1/2022
2022 Reserve Fee $267.97 due 1/1/2022
2022 Real Estate Tax $ 204.55 due 1/1/2022

Total due $1372.28
with/club dues of $193= $1565.28

 

[Msb1102]

HGV Parc Soleil 2 Bedroom Penthouse Platinum 8,400 points

2022 Operating Fee	$991.70	01/01/2022
2022 Reserve Fee	$366.65	01/01/2022
2022 Real Estate Tax	$231.10	01/01/2022

Total: $1,589.45
Moderator added: Increase of $57.46 (3.75%) from 2021

 

[holdaer]

HGV Parc Soleil 1 Bedroom Platinum 4,800 points

2022 Operating Fee	$687.29	01/01/2022
2022 Reserve Fee	$253.83	01/01/2022
2022 Real Estate Tax	$154.03	01/01/2022

Total: $1,095.15

Increase of $44.42 (4.22%) from 2021

 

[HuskerATL]

HGVC at Tuscany Village - 2 Bedroom Gold 5,000 Points

2022 Operating Fee - $899.76
2022 Reserve Fee - $267.97
2022 Property Tax - $132.82
2022 Club Dues - $193.00

Total - $1,493.55 ($1,448.99 in 2021)
Moderator added: Total w/o club dues $1300.55 increase $37.56 (2.97%

 

[Msb1102]

Looks like we have a difference in taxes for the same 2 Bedroom (Gold vs. Platinum). Is this accurate?

HGV Tuscany Orlando 2 Bedroom Platinum 7,000 points

2022 Operating Fee $899.76 due 1/1/2022
2022 Reserve Fee $267.97 due 1/1/2022
2022 Real Estate Tax $ 204.55 due 1/1/2022

Total due $1372.28
with/club dues of $193= $1565.28

HGVC at Tuscany Village - 2 Bedroom Gold 5,000 Points

2022 Operating Fee - $899.76
2022 Reserve Fee - $267.97
2022 Property Tax - $132.82
2022 Club Dues - $193.00

Total - $1,493.55 ($1,448.99 in 2021)

 

[Cyberc]

Looks like we have a difference in taxes for the same 2 Bedroom (Gold vs. Platinum). Is this accurate?

They should be exactly the same.

if the documents are available online you should be able to see the correct info in the budget for next year.

 

[alwysonvac]

Looks like we have a difference in taxes for the same 2 Bedroom (Gold vs. Platinum). Is this accurate?

It looks like Tuscany is similar to the SeaWorld property.
For SeaWorld, taxes differ by season for each unit size.

There are two separate budgets at SeaWorld. One for Orlando Vacation Suites I and the other for Orlando Vacation Suite II.

MF for "OVS I" is the same regardless of unit size however their Real Estate taxes differs by season for each unit size. There are 68 units (3,468 unit weeks) in OSV I. OVS I has two bedrooms units and 4 three bedroom penthouse units.

MF for "OVS II" is based on unit size and their Real Estate taxes also differs by season for each unit size. There are 448 (23,296 unit-weeks) in OSV II. OVS II has one, two and three bedroom units.

 

[Cyberc]

It looks like Tuscany is similar to the SeaWorld property.
For SeaWorld, taxes differ by season for each unit size.

Im puzzled why is that? Season shouldn’t make any difference only the size of the unit should.

 

[dayooper]

It looks like Tuscany is similar to the SeaWorld property.
For SeaWorld, taxes differ by season for each unit size.

I could be wrong (wouldn't be the first time), but I don't think Seaworld changes taxes by season. I believe the different phases have different fees. In 2021, the 2 different phases of Seaworld had the same taxes, but the Operating and Reserve fees were different.

OVS 1

SeaWorld (OVS I) 2BR Platinum, 7000 points

2021 Operating Fee: $745.18
2021 Reserve Fee: $328.46
2021 Real Estate Tax: $253.01

TOTAL: $1,326.65

OVS 2

SeaWorld (OVS II) 2BR Platinum, 7000 points

2021 Operating Fee: $740.24
2021 Reserve Fee: $246.30
2021 Real Estate Tax: $253.01

TOTAL: $1,239.55

If I remember correctly, It's Plantation Beach Club in Stuart Florida that changes the taxes by season.

 

[alwysonvac]

Im puzzled why is that? Season shouldn’t make any difference only the size of the unit should.

Sorry, I never asked why.

For SeaWorld, it’s something we noticed years ago when comparing MFs. Broker Seth Nock confirmed it back in 2008 MF thread (see post below)

 

[dayooper]

Sorry, I never asked why.

For SeaWorld, it’s something we noticed years ago when comparing MFs. Broker Seth Nock confirmed it back in 2008 MF thread (see post below)

View attachment 41358

I see it now. The 2019 MF's had them broken down by season.

 

[GT75]

Looks like we have a difference in taxes for the same 2 Bedroom (Gold vs. Platinum). Is this accurate?

They should be exactly the same.

It looks like Tuscany is similar to the SeaWorld property.

I could be wrong (wouldn't be the first time), but I don't think Seaworld changes taxes by season.

For all Florida HGVC resorts, the RE taxes are different for each season. The Operating and Reserve fee are dependent upon room size (except for Plantation Beach Club at IRP which is the same for both 1 and 2Br)