Duplicate expenses of owning 2+ timeshares?

[Scavanjer]

If I purchase and EOY at a property and then acquire another EOY at the same resort, for example, what ‘duplicate fees’ do I incur? Obviously I pay MF for both and have closing costs for both but are there other annual fees that have to be paid to both that make this strategy less cost effective than just buying an annual?

 

[SteveinHNL]

Hyatt club dues of $157/year would be duplicated. Guessing property taxes would also be duplicated.

 

[ScoopKona]

And interval fees. Property taxes wouldn't be duplicated because EOY owners aren't paying taxes every year.

 

[GTLINZ]

I have owned EOY and can attest the Hyatt club fees would be duplicated. In theory, this is for the "interval" account for that ownership since it is included in the club fees.

BUT you also can sometimes get a great deal on an EOY account (mine was $177 and no closing costs and has since been given away) that would make it worth it.

I can tell you managing points from an EOY account is trickier than a EY ownership.

 

[AJCts411]

It's the not being able to opt out of Hyatt club fees which disturbs me.

 

[Scavanjer]

So basically around ~$200 extra per year? I expect to pay taxes, MF and closing costs on every week that I would buy but if it’s only like $200 of duplicate fees for each additional week I own I guess that’s not terrible

 

[GTLINZ]

You do only pay the MFs EOY. They appear to be escalating quickly - a likely combination of how Marriott does things and the escalating cost of everything. So right now, the extra $157 does not look so bad.

 

[boraxo]

Deleted - wrong thread

 

[andre10056]

Upon thinking about it, and as an owner myself of an every even year membership, I guess it would be the club dues that would indeed be collected during the "off" year (which costs something like $157 as I recall) such that you'd, in effect, be paying for two Interval memberships every year. If so, it seems to me that you should get two guest certificates per year, and not just one. Unless, of course, Owner Services might recognize that you've already paid club dues on one of your owned weeks, and credit you back the duplicate charge.

 

[ScoopKona]

So basically around ~$200 extra per year? I expect to pay taxes, MF and closing costs on every week that I would buy but if it’s only like $200 of duplicate fees for each additional week I own I guess that’s not terrible

The Sunset Harbor owners who never exchange and own a full month find it galling.

 

[Scavanjer]

The Sunset Harbor owners who never exchange and own a full month find it galling.

In this type of situation I can certainly understand. Maybe HRC staff never envisioned people owning more than 1?

 

[ScoopKona]

In this type of situation I can certainly understand. Maybe HRC staff never envisioned people owning more than 1?

They sure pushed for us to sell more than one back then...

 

[pedro47]

I am going to eliminate one timeshare after next year.

 

[Scavanjer]

I am going to eliminate one timeshare after next year.

Because of the duplicate fees?