• A few of the most common links here on the forums for newbies and guests!
  • The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!
  • The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!

Changes

R

RuralEngineer

TUG Member
Joined
Aug 24, 2008
Messages
447
Reaction score
0
Location
Frederick, MD
Did you notice this information about Diamond Resorts International from earlier in the month? The company has agreed to eliminate its external management structure with Hospitality Management and Consulting Service, LLC (“HM&C”), effective January 1, 2015.

As part of the agreement, Diamond Resorts is acquiring the HM&C entity for a de minimis amount, and as a result, HM&C is becoming a wholly-owned and consolidated subsidiary of Diamond Resorts.

There’s nothing particularly interesting about that, but consider this: In addition, the Company has agreed with Stephen Cloobeck, founder and Chairman of Diamond Resorts and previous controlling owner of HM&C, to buy out the remaining term of Mr. Cloobeck’s services agreement with HM&C at a substantial discount. Diamond also agreed to acquire from Mr. Cloobeck certain exclusive marketing rights in a high traffic retail complex adjacent to the Company’s Polo Towers managed resort on the Las Vegas Strip. The Company will pay Mr. Cloobeck a total of $16.5 million in connection with these transactions.

In connection with these agreements, Mr. Cloobeck will be the Non-Executive Chairman of the Board at least through December 31, 2017, so long as he remains a director of the Company. The Company has agreed to pay to him a director’s fee and health insurance coverage during his tenure as Chairman. Mr. Cloobeck remains the Company’s largest stockholder.

- See more at: http://insidethegate.com/gatehouse/#sthash.vWiR0A41.dpuf
 
Did you notice the new limitations being placed for guest "certificates" in 2015.

standard- 1
silver 1st 3 free then $35 per guest
gold 1st 5 free then $35
platinum 1st 5 free then $35
 
Last edited:
So if you are a standard member (bought resale) you can never let anyone else use your reservation or you have to pay for every guest certificate you use including the first one?
 
tschwa2 said:
So if you are a standard member (bought resale) you can never let anyone else use your reservation or you have to pay for every guest certificate you use including the first one?
Click to expand...

I must correct my earlier post, Thanks

it's standard 1 free guest then $35
silver 3 " "
gold& platinum 5 " "

also, you could be a standard member without being a resale, just not enough points to reach threshold-fwiw

but tschwa2, I notice you do not like DRI one bit. Do you still have DRI/ did you ever?
 
Last edited:
RuralEngineer said:
Did you notice this information about Diamond Resorts International from earlier in the month? The company has agreed to eliminate its external management structure with Hospitality Management and Consulting Service, LLC (“HM&C”), effective January 1, 2015.

As part of the agreement, Diamond Resorts is acquiring the HM&C entity for a de minimis amount, and as a result, HM&C is becoming a wholly-owned and consolidated subsidiary of Diamond Resorts.

There’s nothing particularly interesting about that, but consider this: In addition, the Company has agreed with Stephen Cloobeck, founder and Chairman of Diamond Resorts and previous controlling owner of HM&C, to buy out the remaining term of Mr. Cloobeck’s services agreement with HM&C at a substantial discount. Diamond also agreed to acquire from Mr. Cloobeck certain exclusive marketing rights in a high traffic retail complex adjacent to the Company’s Polo Towers managed resort on the Las Vegas Strip. The Company will pay Mr. Cloobeck a total of $16.5 million in connection with these transactions.

In connection with these agreements, Mr. Cloobeck will be the Non-Executive Chairman of the Board at least through December 31, 2017, so long as he remains a director of the Company. The Company has agreed to pay to him a director’s fee and health insurance coverage during his tenure as Chairman. Mr. Cloobeck remains the Company’s largest stockholder.

- See more at: http://insidethegate.com/gatehouse/#sthash.vWiR0A41.dpuf
Click to expand...

this is way I asked everyone to read Resort Trades.com.
 
johnrsrq said:
I must correct my earlier post, Thanks

it's standard 1 free guest then $35
silver 3 " "
gold& platinum 5 " "

also, you could be a standard member without being a resale, just not enough points to reach threshold-fwiw

but tschwa2, I notice you do not like DRI one bit. Do you still have DRI/ did you ever?
Click to expand...

I've never owned DRI although like most systems I considered and researched fairly extensively at one time. It wasn't for me. I was just shocked by the post that standard members received no guest certs. I am glad that was an error. That would seem terribly unfair (bordering on illegal) if true. That is why I questioned it. $35 is reasonable compared to Wyndham and some of the other systems.

I've stayed at only one DRI resort and that was Greensprings. I found it spacious and the accessible features in the unit were very good. Other than that it was definitely overdue for a refurbishment and the pool was woefully inadequate for the number of summer guests.
 
fees

DRI is much better then Wyndham in regard to fees. DRI's computer system is normally available.

Stephen
 
You must log in or register to reply here.
Top