BIG TROUBLE at Morritts Tortuga & Grand

[phillip]

I posted a while back on the Morritt's forum inquiring about the recent BOD meeting and it would seem like things are on track.

Simplifying the issues at hand:
1) the hotels seem to be operating well (guests wouldn't know there're are any problems between owners and developers)
2) the developer is reconciling the amounts due ahead of schedule
3) the developer at least intends to offer his interest for sale
4) the developer has expressed interest in entertaining offers to buy the resort(s)

I would say these are improvements and making ownership here look better than perhaps it has been in the recent years, though I am admittedly looking at the very face value of what I'm told.

Am I missing anything that should sway one against wanting to own at Morritts?

 

[riverdees05]

We have an exchange via RCI for the first week of April, 2011 and are in the process of looking for airline tickets - they seem high. We did buy the RCI Insurance. Should we look at possible cancellation or go ahead and get our airline tickets - what is your best guess?

 

[Floridaski]

Go ahead and enjoy your vacation

We have owned at Morritts for 15 years, and yes it has seen it's share of problems, but it is not closing down.

Would we buy it all over again - no, but then we would not buy any of our timeshares again - not even the Hyatt points.

I say this because you can rent almost anywhere for what the fees cost owners. But, we have gotten great vacations from our orginal purchase and we rent what we cannot use. We do not lose money with our annual fees.

Go ahead and buy your plane tickets, the resort is beautiful, the people wonderful. You will go and come back, it will make you wonder why you were ever worried.

Have a great vacation!

 

[jadejar]

The first week of April will be a wonderful time to be at Morritt's. I wish I was able to go with you! You will enjoy it there.