I am more concerned about Mexico indeed.In the US, they are probably better to be laid off and will make more from unemployment than if they had stayed working. Can't speak to other countries like Mexico.
I called WKV to inquire about a reservation and just curiously asked the same question to the front desk person and they told me the staff were all laid off, unknown whether they would return. I’d assume they would ask the staff to come back because they are already trained, but some may have found new employment and have moved on. Expect new faces when you go to your favorite resort. Some may be back. As far as WLR is concerned I do not believe Mexico has the sane social safety nets in place that were implemented here.
I agree with everything you said but let me play the devil's advocate. If the staff is not being paid, some of the money we paid in 2020 is being saved, it does not disappear. We will either see it as a credit for 2021 (my guess) or it may be transferred to the reserve fund (can they do that?).This makes me very angry. I paid my MF's. From my perspective, my money is gone, and if I cannot travel, I'm outta luck.
So where is my money? I paid for the staff but the staff is not being paid. If my HOA has the money, I want a rebate next year (although I would really rather see the staff getting paid this year). And if Vistana has my money (and we know it keeps 10% of it as a management fee), Vistana is stealing from the staff.
A lot of owners are in financial distress, the "real" unemployment in the US is around 25%. When they send the 2021 invoices, how can Marriott explain to the unemployed owners that they have been careful with resort expenses if they pay people to stay home, especially since some could make more on unemployment?
The worst owners nightmare will be they let resorts employees go and still increase 2021 MF to cover additional costs due to Covid.
I already have a previewto have management explain where all of those funds from 2020 MFs went
we can still have a little bit of fun, no conspiracy theoryIt might be better to wait and see what the fees actually are before getting all riled up about worst case scenarios or possible conspiracies to charge owners more.