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2022 Maintenance fees

scootr5

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Marriott Grande Vista, Wyndham points, Wyndham Avenue Plaza - Mardi Gras week
I searched, but saw no other thread. The first of my Wyndham invoices arrived yesterday.

Avenue Plaza, New Orleans, LA
1 bedroom - $872.55
Studio - $677.08

4.8% increase, mostly attributed to a $4.2 million upcoming project to replace all of the 72 year old water and sanitary piping and infrastructure in the building
 

KimmieM

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I searched, but saw no other thread. The first of my Wyndham invoices arrived yesterday.

Avenue Plaza, New Orleans, LA
1 bedroom - $872.55
Studio - $677.08

4.8% increase, mostly attributed to a $4.2 million upcoming project to replace all of the 72 year old water and sanitary piping and infrastructure in the building
Nothing like a kick in the nuggets. Breathe in and say foosbaba!
 

chapjim

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Wyndham PresRes, Quarter House (4), Resort on Cocoa Beach (4), some others.
I searched, but saw no other thread. The first of my Wyndham invoices arrived yesterday.

Avenue Plaza, New Orleans, LA
1 bedroom - $872.55
Studio - $677.08

4.8% increase, mostly attributed to a $4.2 million upcoming project to replace all of the 72 year old water and sanitary piping and infrastructure in the building
Sounds more like something for a special assessment. If it's a one off thing, MF should go back down. Wanna bet?
 

scootr5

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Marriott Grande Vista, Wyndham points, Wyndham Avenue Plaza - Mardi Gras week
Sounds more like something for a special assessment. If it's a one off thing, MF should go back down. Wanna bet?
Not a bet I’m going to take. They said that project was responsible for about 30% of the increase.

I also received a letter today offering for a limited time to convert my Avenue Plaza week to points, at no cost. The problem with that for event week owners is that it takes away your right to reserve anything but your deeded week. If Mardi Gras did not fall on week 9 in the year, I would have no reservation priority.
 

chapjim

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Wyndham PresRes, Quarter House (4), Resort on Cocoa Beach (4), some others.
I had two fixed weeks at a different N.O. resort and both weeks were possible Mardi Gras weeks. Unfortunately, nothing in any of the paperwork indicated that if Mardi Gras fell on my week, I'd get a different week. I offloaded both weeks.
 

Eric B

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Jethro37

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I had two fixed weeks at a different N.O. resort and both weeks were possible Mardi Gras weeks. Unfortunately, nothing in any of the paperwork indicated that if Mardi Gras fell on my week, I'd get a different week. I offloaded both weeks.
You don't like making money? :unsure::)
 

scootr5

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Marriott Grande Vista, Wyndham points, Wyndham Avenue Plaza - Mardi Gras week

Eric B

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I requested edit privileges to update it; had them granted but couldn't figure out how to update it. Tried typing in the numbers, but couldn't get it to work. Hopefully someone else can update it.
 

keno999

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Wyndham Waikiki Beach Walk
Wyndham Grand Desert
Wyndham Waikiki Beach Walk

Your Board of Directors has approved the following 2022 Annual Maintenance Fees for the Waikiki Beach Walk Vacation Owners Association with a 10% increase. This equates to an increase of 53 cents per 1,000 points of ownership. Some highlights of the budget are as follows:
  • The annual reserve contribution is the biggest contributor at 32.2% to ensure adequate funding is available for our upcoming refurbishment.
  • Bad Debt Expense has an increase of $68K or 54.6% based on the current trend of increased delinquencies. 2021 actuals is forecasted to be 25% higher than budget
  • A $450K operating surplus was budgeted in 2021 but no surplus utilized is budgeted for 2022.
 

AtlasRse

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Keno999, kindly advise of the actual MF's for 2022 and I will update in the History S/S.

Eric B. ... I have updated Bali Hai accordingly for 2022 in the History S/S ....

Thanks Guys !
 

keno999

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Wyndham Waikiki Beach Walk
Wyndham Grand Desert
Wyndham Waikiki Beach Walk

Your Board of Directors has approved the following 2022 Annual Maintenance Fees for the Waikiki Beach Walk Vacation Owners Association with a 10% increase. This equates to an increase of 53 cents per 1,000 points of ownership. Some highlights of the budget are as follows:
  • The annual reserve contribution is the biggest contributor at 32.2% to ensure adequate funding is available for our upcoming refurbishment.
  • Bad Debt Expense has an increase of $68K or 54.6% based on the current trend of increased delinquencies. 2021 actuals is forecasted to be 25% higher than budget
  • A $450K operating surplus was budgeted in 2021 but no surplus utilized is budgeted for 2022.
Keno999, kindly advise of the actual MF's for 2022 and I will update in the History S/S.

Eric B. ... I have updated Bali Hai accordingly for 2022 in the History S/S ....

Thanks Guys !
Wyndham Waikiki Beach Walk for 2022

Operating Fee = $3.86/1,000
Reserves = $1.38/1,000
Real Estate & Property Taxes = $0.40/1,000
Condo/AOAO Dues = $0.17/1,000
Total = $5.82/1,000

Hopefully, I got that correct.
 

Eric B

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Eric B. ... I have updated Bali Hai accordingly for 2022 in the History S/S ....

Thanks Guys !
Thanks for updating! Not sure why it didn't work for me.
 

cowboy

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Does anyone know how to find out what the 2022 maintenance fees are for Kona Coast Resort and when the billings will go out?
 

TheHolleys87

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DVC Boardwalk Villas, Kona Coast II
Does anyone know how to find out what the 2022 maintenance fees are for Kona Coast Resort and when the billings will go out?
Just received ours for Kona Coast 2. We have 2 deeded weeks, floating 51-16. Total fees are $2837.50.
 
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