Parents own here/ live on the island
Grand Bay is a mixed use property. It currently has dedicated rental units, fully owned condos and dedicated fractional units. They had released inventory into II when they joined as a property. From what I understand these were developer owned weeks and this was necessary for them to join. They also released some inventory into getaways hoping to drive sales to those who purchased getaways. This apparently did not work, because from what I've heard, they will not be giving any more inventory to this program...
They are currently headed into their third year of sales... My parents own a 2 BR lockoff in "hurricane" season and they love it. They use the two bedroom to go back and no longer keep an II membership. I suspect most of the owners are in the same boat... People who buy timeshare in STJ aren't sold on "trade" programs but on a guaranteed place on STJ w/ bene's of ownership...
When they looked at their break even/ROI-- was around 7 years- including the MF's in the equation. They could use it as two weeks (lock off option) or 1 week in a 2 BR. They use one week/2br for now.
They LOVE the location in Great Cruz Bay. It comes to life at night and it's SO nice not to have to drive at night! They get a jeep and cruise around the Nat Park beaches during the day... Back for happy hour and dinner... Prob a good thing they're not driving at night! Ha. Lots of cocktail time on STJ!
The team there is super small for sales (they also own at marriott in STT, Westin In Kauai and an EOY in Myrtle beach w Starwood)... They said it was by far their best purchase experience and living in the island, the staff seems great and super nice for timeshare ppl... It's worth noting the boight from a guy named Alex and they LOVE him. I think they want me to go out with him but he's taken! Lol!!!
Parents don't "do" tugg so I thought I'd chime in in this! Hope it helped!