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Legacy/Distressed Resorts

brecod13

brecod13

newbie
Joined
Jun 6, 2005
Messages
23
Reaction score
0
Points
161
Location
Virginia Beach, VA
Resorts Owned
Barclay Towers Resort
Curious which resorts you would consider Legacy Resorts in the USA, by legacy I mean: distressed properties, sky high or very high and increasing drastically every year in maintenance fees, resorts needing lots of renovations or bad management companies managing resorts. Just trying to gather information and doing some research and wondering as owners what resorts you would consider Legacy Resorts as described above.. Thanks in advance for your input!!
 
magmue

magmue

TUG Member
Joined
Nov 26, 2017
Messages
535
Reaction score
393
Points
173
Location
Northwest of Normal
Resorts Owned
HGVC: Kingsland
West 57th
Worldmark
Whale Pointe fractional
Point at Poipu (deed)
Lawai Beach Resort
Kauai Beach Villas
I’m sure members who are more knowledgeable about this than me will be along to weigh in soon, but my initial reaction is that you are drawing a direct line between “legacy” and “distressed”. From my reading here over the last year, many Legacy resorts are dealing with significant problems, but not all.
 
magmue

magmue

TUG Member
Joined
Nov 26, 2017
Messages
535
Reaction score
393
Points
173
Location
Northwest of Normal
Resorts Owned
HGVC: Kingsland
West 57th
Worldmark
Whale Pointe fractional
Point at Poipu (deed)
Lawai Beach Resort
Kauai Beach Villas
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