Ddee555
TUG Member
- Joined
- May 27, 2007
- Messages
- 138
- Reaction score
- 51
- Points
- 238
- Location
- Southern California
- Resorts Owned
- Carlsbad Inn; San Clemente Cove, Coronado Beach Resort; Gaslamp Plaza Suites; Royal Aloha Vacation Club (RAVC)
I am an owner at Carlsbad Inn and Coronado Beach Resort, which are two resorts managed by Grand Pacific Resorts. For the most part, I am satisfied with GPR for its management, except that the maintenance fees seem to be rising higher than I like each year. Yes, I would rather pay higher maintenance fees than a special assessment, but this past year, my annual maintenance fee at Carlsbad Inn was $1002 and I think that is too high. I'm not looking forward to my 2019 bill whatever it will be. My interval at Coronado is an EOY, so it is not as painful on my wallet, but annually, it would be over $900. Of course, the high annual fee for San Clemente Cove--over $900, too, did not stop me from recently becoming an owner there, but what is GPR costing for its management fees?
I ask this, because I also own two VRI-managed one bedroom intervals at Gaslamp Plaza Suites and its annual maintenance fees are $708. Currently, I am staying at the Gaslamp and it seems well-managed and the suites are nicely maintained. Seriously, I think that the maintenance fees for Carlsbad Inn could be decreased by $100-150 a year and I do not think it would adversely affect the resort. I think that GPR is taking too much of a cut. One time I tried to rent my week through GPR and their rental cut was so huge (like 50%) that it did not make it worth it to me to ever rent my unit again.
I ask this, because I also own two VRI-managed one bedroom intervals at Gaslamp Plaza Suites and its annual maintenance fees are $708. Currently, I am staying at the Gaslamp and it seems well-managed and the suites are nicely maintained. Seriously, I think that the maintenance fees for Carlsbad Inn could be decreased by $100-150 a year and I do not think it would adversely affect the resort. I think that GPR is taking too much of a cut. One time I tried to rent my week through GPR and their rental cut was so huge (like 50%) that it did not make it worth it to me to ever rent my unit again.