Fees have always been listed as one of their major sources of income.
Thanks for sharing this valuable information. I am thinking of adding another resale deed and I am waiting to see how much membership, reservation, M/F and point saving fees increase for 2026. Mainly waiting to see how much M/F increase. Florida deeds are almost not worth purchasing resale anymore. I am looking at Vegas deeds however I feel Vegas deeds M/F will increase a lot in 2026. We will know in two months.
If they manage them like Embarc, they do (cash rentals, not points) - and so do the owners/members.
Vegas will go up roughly 3-5% every year and it still was one of the lower in the system. In fact, The Boulevard was still $30 cheaper than Craig. It will take a long time to make Boulevard not reasonable. You have to decide if it’s worth while to you.
You are forgetting that in 2021, the US inflation rate jumped from from 1.4% in 2020 to 7.0% in 2021. When you figure that into the numbers, the inflation adjusted average maintenance fee in 2021 took a nosedive!
This is the maintenance fee that was sent out in 2020 (due Jan 1, 2021).
? Owners Update as in owners meet & greet with their manager/staff OR sales person doing an update (= sales meeting)?
Yes, and it was for expected 2021 expenses -- MFs are always determined based on projected expenses for the next year, not on actual expenses from the previous year. Prediction of increasing inflation had already started, and the MF estimate included some of those predicted cost increases.
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
2023 $722.92 $296.08 $39.97 $1058.97 $5.00 $199.00 $0.00 $1,262.97 $46.49| YEAR | Club Dues (D) | Club Dues (I) | Res Fee (O) | Res Fee (P) | PS (O) | PS (P) | GC | RCI Res (O) | RCI Res (P) | OS Studio | OS 1bdrm | OS 2bdrm | OS 3bdrm |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | $136 | $174 | $52 | $99 | $76 | $99 | $52 | $209 | $219 | $60 - $145 | $80 - $290 | $105 - $375 | $160 - $430 |
| 2013 | $125 | $159 | $49 | $89 | $69 | $89 | $39 | $199 | $209 | $60 - $120 | $80 - $240 | $100 - $300 | $150 - $330 |
| 2012 | $119 | $154 | $49 | $89 | $69 | $89 | $39 | $189 | $199 | $60 - $120 | $80 - $240 | $100 - $300 | $150 - $330 |
| 2011 | $114 | $149 | $49 | $89 | $69 | $84 | $39 | $179 | $199 | $60 - $100 | $80 - $220 | $100 - $280 | $150 - $310 |
| 2010 | $99 | $139 | $49 | $79 | $69 | $79 | Comp | $179 | $189 | $60 - $80 | $80-$140 | $100 - $260 | $130 - $310 |
| 2009 | |||||||||||||
| 2008 | $90 | $125 | $49 | $69 | $69 | $69 | Comp | $164 | $199 | $60 - $80 | $80-$120 | $100 - $260 | $130 - $310 |
| 2007 | $90 | $125 | $49 | $69 | $69 | $69 | Comp | $164 | $199 | $60 - $80 | $80-$120 | $100 - $160 | $130 - $210 |
| 2006 | $85 | $105 | $49 | $49 | $69 | $69 | Comp | $149 | $189 | $60 - $80 | $80-$120 | $100 - $160 | $130 - $210 |
| 2005 | $85 | $105 | $49 | $49 | $69 | $69 | Comp | $149 | $189 | $60 - $80 | $80-$120 | $100 - $160 | $130 - $210 |
| 2004 | $85 | $105 | $49 | $49 | $69 | $69 | Comp | $139 | $179 | $60 - $80 | $80-$120 | $100 - $160 | $130 - $210 |
| 2003 | $85 | $105 | $39 | $39 | $69 | $69 | Comp | $139 | $179 | $60 | $80 | $100 | $120 |
Why does this affect MFs since MFs are paid by the owners. The reason that the MFs increased for Florida TSs is completely different and well known.
I don't see this happening at all. We are already into mid-September, and its hard to imagine that the local government is going to change the tax rates quickly enough to get anything on the annual maintenance fees by November (or whenever the maintenance fee bills are issued).
The maintenance fees MAY be paid by owners even if they don't go there. I am not sure why the focus is on Vegas but if people travel less they need their timeshare less. Paying the timeshare maintenance is one of the discretionary expenditures as ones income is stretched. You must pay your rent or mortgage, car payment, food, and medical but unless you are vacationing your timeshare is not a necessary expenditure. The timeshare companies will send you letters, go to collection, hurt your credit, eventually foreclose but if you can't pay the maintenance you can't pay the maintenance. That is one of the reasons I have been saying that the timeshare companies should take back the timeshare for free rather than going through the long process of having delinquent maintenance and eventual foreclosure.
They don't for deeds but they do (sometimes) for points.
That is great that you own Embarc and the developer takes back unit for free. I wish all timeshare companies worked like that so that owners wouldn't be paying higher maintenance for delinquent owners. That is why I mentioned on another thread that the Timeshare Industry is overbuilt. The timeshare developer companies have more inventory than they know what to do with that is why they don't want to take back units even for free that they can sell for many thousands of dollars.
Or they are trying to sell at too high of a price.
I value your opinion and hope you are correct. HGVC must be worried about owners paying their M/F because they now accept your Hilton Honors Points to pay M/F. This makes me believe M/F are going up more than usual this year. I hope you are correct because I own three deeds HGVC Legacy.
I am worried about increases because HGV is now trying to make money from everything. They are now selling clothing??!!!! They will probably look at raising fees to squeeze every penny they can from owners. Thanks for your informed opinion.
Is your thought that the timeshare developers are setting their prices too high all the time. Well we always knew that they first set and then raised their prices like most people change their pants. However, they could set the prices for all of the new inventory that they get for $0 from owners that don't want their timeshare ownership at any low price they wanted to sell them. I don't think that is the problem. I think that alot of the problem is people are less likely now to spend money and a timeshare is a major expenditure.