DRI EMBARC

[Tradetimes]

Phd research on DRI !

https://gwynethedwards.files.wordpress.com/2020/10/research-analysis-on-the-case-of-embarc-dri-formally-club-intrawest-intrawest-gwyneth-edwards-24oct2020.pdf

Envoyé de mon iPhone en utilisant Tapatalk

 

[Bill4728]

This appears to be a large research paper about how DRI controls the Embarc HOA

this current work demonstrates how a for-profit public firm controls a nonprofit organization, through the
case of Diamond Resorts and its timeshare program, Embarc. The research
demonstrates how the governance structure allows the for-profit firm to
control the assets and revenue streams of the nonprofit organization, while
passing on the costs and risk to the timeshare consumers.

Just remember that when Club Intrawest (CI) sold out to DRI They didn't have enough "owner points" ( unsold points held by the developer which have 10 times the voting power of regular member points) to control the required HOA vote of the sale, SO CI suddenly "developed" a new property on Vancouver island which generate more owner points and then allowed them to completely control the vote over the CI members.