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Industry Org: Vacatia Awarded Best Property Management Company and Best Management Team

escanoe

TUG Review Crew
TUG Member
Joined
Jun 3, 2018
Messages
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Location
Washington, DC
Resorts Owned
HGVC: Flamingo & AOC
Vacation Village: Grandview (RCI Points) & the Colonies
Massanutten: Mountainside Villas & Woodstone
2026 GNEX Conference Award:

Vacatia Awarded Best Property Management Company and Best Management Team​


I have some concerns about where my VV ownerships may be headed. That said, the more I look into Vacatia the more I have at least a little bit of hope that they are making an effort to fix sone of the things that traditional timeshare properties have not done that well.
 
Vacatia has taken over timeshares and raised maintenance fees. Not sure why they won an award.
 
Take a look at the organization, and it becomes more clear.

 
Vacatia deserves an award for being the most disorganized management company not the best management company. :rolleyes:
 
Vacatia deserves an award for being the most disorganized management company not the best management company. :rolleyes:
They have not been good communicators in their acquisition of VV. I will cut them some slack for that later if they run things better.
 
I’ve decided that we should just start our own TUGger-based mgmt company, because we probably could do it better, tbh


Sent from my iPad using Tapatalk
 
Anyone else see similarities between Vacatia and Capital Resorts? Both private equity backed, both acquired TS management companies and resorts, both boast about what they can do for independent resorts ...

PE sees opportunity in TS world and that opportunity isn't to provide top notch resorts and services to owners for a reasonable profit ... it's more like to extract as much revenue as possible from an asset (the contractually obligated 'owners', management contracts, and real property). PE backing likely means Vacatia has 5-7 years at most to do something significantly profitable for the investors ... maybe that is to transform into one of the big players in the industry, or perhaps be acquired, or go through a lot of 'value extracting' spinoffs, sales, etc
 
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