I swear we (the greater we here on TUG, not just the two of us) had a conversation about that property being for sale like 3 years ago.
That would have been Harbour Lake. They had a deal to sell that land, it was under contract. The deal fell through though when the state of Florida said they would be using eminent domain to take what I think was 60 feet in order to support the I4 Ultimate Project through that section of I4.
Why not include taxes? Most resorts include that in the same MF statement, thus the increases reported here and on similar threads also includes property taxes. You not including property taxes, makes it comparing apples to oranges when looking at MF changes across all properties.
The airfare uncertainty is the MAIN reason my idea of movimv to Hawaii got shot down. Also, we cancelled our upcoming spring break Ko Olina trip because of the insane airfare prices.
Fair comment - I guess the issue is what the data is being used for-
Perhaps they would do a direct deed back from you. You would get $0 for it, and likely have to pay for cost to re-title the deed, but at least you would be out from under it.I really wish MVC would give me a realistic option to get rid of my MFV (Fairway Villas) week. I have it enrolled, and I haven't visited the resort in several years, probably never will again. The MF increases significantly every year, this year was 9.7%. The MF to point conversion is at $0.84/point this year.
I did reach out to my sales guy and asked him about this. He said MVC won't touch it, because its already enrolled in points, so they could care less. If it weren't enrolled, he said they'd offer me the option to "convert" my ownership from week to points, but I'd have to basically pay for a majority of those points, minus a small buyback sum they give me.
I wish this resort would just be sold or something like that. (yearly frustration occurring now)
tugbbs.com
Oh yes, they will definitely allow me to do this. I have called to ask in the past. But, as you say, I have to pay some sort of transfer fee, so it is actually me paying MVC to give back the deed. I don't feel like that makes sense. I do get the use of the points each year, just at a higher cost per point. From a resort perspective, I've been told many times, by the different GM's there, that this resort has a much higher default rate than any other property in the portfolio. One GM told me it was close to 10x more than the next property. This is just part of the reason MF's are higher at this location, taxes being another big hit. It always makes me mad when I get a yearly update email that says they are adding all sorts of new amenities, or updating/rebuilding different amenities.
It is interesting hear this said. In the many years of no inflation, i kept hearing here how labor costa were going up so fast that the large increases were justified. Now se finally have inflation (so far for less than a year) and labor costs re still being blamed. Do you have any idea what the housekeepers are being paid. If the labor costs were primarily to blame over the years, the housekeepers would be receiving very llarge salaries now and they are not.
First it was labor costs due to rising healthcare, now it is due to rising wages. At least that is what they claim…
Maybe the new federal minimum wages law is the cause ?
SR did mention minimum wage costs. Calif. is currently $15/Hr. and they anticipate going to $17/Hr. Much higher than the the Fed minimum. The labor factor varies from local to local.
Extra cleaning and sanitizing due to Covid 19 has increased the amount of work housekeeping has to do. So I would expect housekeeping expenses to increase for that reason alone. I appreciate the extra cleaning and comfortable paying for it.
I think the ”extra” cleaning is more talk than action. I still find light switch plates dirty, desk phone, etc., crumbs on rug. I feel housekeeping has deteriorated over the years.
). They billed trust owners for the dues before they have finished syncing up recognition levels based upon combined Vistana and Marriott Abound points/Vistana elite level mapping. In my case I should be Select on combined points and Executive on Vistana 3* mapping but my MVC account remains at Owner and they billed me the $230 Owner fee.