Marriott Breckenridge Ski Week Sells for $1.00

[Robert D]

Noticed that an annual usage studio platinum ski week at the Marriott in Breckenridge, CO sold last night for $1.00. Guess it's becuase the MF is so high at $993 plus inflated closing costs of $499 plus the $120 Marriott transfer and ROFR fees. Here's one Marriott platinum timeshare that's hit rock bottom. I hope the other ones don't suffer the same fate. http://www.ebay.com/itm/190592639326?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

 

[Cobra1950]

Wow! that is amazing. Sumittwatch/Mountainside 2BR still in $15,000 range

 

[larryallen]

Right now timeshares are liabilities not assets. That will likely change in the future but the fact is a lot of people don't want to take on annual liabilities right now. Plus, the fact remains it's cheaper, and often easier, to rent right now. There is no hassling with calling for a trade and other nonesense; you just go to redweek.com and pick the week you want.

 

[jimf41]

Somehow I just don't think this will pass ROFR. I'm not a skier but I would have bid on this one.

 

[BocaBoy]

Noticed that an annual usage studio platinum ski week at the Marriott in Breckenridge, CO sold last night for $1.00. Guess it's becuase the MF is so high at $993 plus inflated closing costs of $499 plus the $120 Marriott transfer and ROFR fees. Here's one Marriott platinum timeshare that's hit rock bottom. I hope the other ones don't suffer the same fate. http://www.ebay.com/itm/190592639326?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

I am not familiar with any details on the ski resorts. Did they actually sell studios as separate units? If so, are there any other Marriott timeshares that also sold studios?

 

[Robert D]

From what I've heard, the Marriott in Breckenridge is not one of their better resorts. I suspect that you can rent a studio during ski season for no more than the maintenance fee and if this is the case there's no reason to buy it. I'd think the 1BR and 2BR ski weeks would bring a decent price, especially the 2BR's.

 

[OldPantry]

From what I've heard, the Marriott in Breckenridge is not one of their better resorts. I suspect that you can rent a studio during ski season for no more than the maintenance fee and if this is the case there's no reason to buy it. I'd think the 1BR and 2BR ski weeks would bring a decent price, especially the 2BR's.

Yes, I looked this one over, thinking it was "irresistable". Until I checked Redweek, and saw ski studios going for less than the maintenance fee. So, pass, pass. Of course, some were asking more, but prudence suggests you be guided by the low end, not the top.

 

[dougp26364]

I am not familiar with any details on the ski resorts. Did they actually sell studios as separate units? If so, are there any other Marriott timeshares that also sold studios?

This particular resort is set up differently from other Marriott's. I don't believe this was a Marriott build but a refurbishment. Also within this resort is the Breckenridge Hotel as I understand it.

This resort does not have any two bedroom units. There are no lock-outs. You're either in a one bedroom unit or in a studio unit. The pool deck is shared with Hyatt owners.

 

[dougp26364]

From what I've heard, the Marriott in Breckenridge is not one of their better resorts. I suspect that you can rent a studio during ski season for no more than the maintenance fee and if this is the case there's no reason to buy it. I'd think the 1BR and 2BR ski weeks would bring a decent price, especially the 2BR's.

Actually, although it's different, the units stack up to Marriott standards quite nicely. The overall resort has a different feel to it but it pretty much has all the amenities of any other Marriott resort. I'd even go so far to say that it's amenities are nicer than our home resort, Grand Chateau, in Vegas. At least as Grand Chateau stands now.

 

[dougp26364]

Noticed that an annual usage studio platinum ski week at the Marriott in Breckenridge, CO sold last night for $1.00. Guess it's becuase the MF is so high at $993 plus inflated closing costs of $499 plus the $120 Marriott transfer and ROFR fees. Here's one Marriott platinum timeshare that's hit rock bottom. I hope the other ones don't suffer the same fate. http://www.ebay.com/itm/190592639326?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

Marriott is begining to get a little out of control with their MF's IMHO. The fee's at MVL show this as the Grand Timber family of resorts are considerably more reasonable. I believe a one bedroom at Grand Timber still runs in the $500 to $600 range. Although the furniture might not be up to Marriott standards, for a timeshare that you spend one week a year in, it's a better value MF wise. HGVC's Valdoro Lodge, which is within walking distance or MVL, likely has considerably lower MF's than the Marriott offering and, it offers large units.

MVL's primary draw back is the MF's. Of course, I'm begining to think that could be said about most Marriott resorts.

 

[Robert D]

MVL's primary draw back is the MF's.

That's a big drawback!

 

[pwrshift]

Marriott is begining to get a little out of control with their MF's IMHO. .

They probably have to get all MF's in line with DC point MF.

 

[dougp26364]

They probably have to get all MF's in line with DC point MF.

I don't think that's it. I believe we've seen 6+% increases every year with both our Ocean Pointe and Grand Chateau ownerships.

I'm a big supporter of adaquate cash reserves but Marriott's are extrodinarily high. So much higher than any other timeshare we own, including Hilton, who's product is every bit as good as Marriott IMHO, that they're killing owners/members. I'm begining to question the relationship of Marriott venders and Marriott: ie to favorable of contracts and overpaying for merchandise.

If they continue at the clip they've been going, the average MF's for a Marriott resort will be between $2,000 and $3,500 in the next 10 to 15 years. Our two 3 bedroom units should hit $2,000/year at the current rate of MF inflation with Marriott. Multi week owners like us will really be hurting. I only wish my income would go up so much.

 

[pianodinosaur]

We own a 1 BR at MMVL Gold Season. The MFs are high and the rooms are not as nice as at HGVC Valdoro. However, the location of MMVL and the pool facilities are excellent. The Main Street Station location on Maggie's pond is about as convenient as it gets. I submitted links to snapfish in an earlier thread.

 

[ondeadlin]

This is a somewhat odd resort in the Marriott portfolio. It's not purpose built and, as noted above, only has 1 bedroom units and studios (and seemingly more studios than 1 bedroom units). The only way to get to the pool is either through the garage or a semi-long walk outdoors, neither of which is optimal in winter. The pool area is three small hot tubs and an average resort pool - very subpar when compared with Grand Timber Lodge or the Lodge at Peak 7, comparable Breckenridge properties. The pool is also shared with the Hyatt next door, which often results in crowding during peak times after skiing.

It also has real positives, though. It's truly ski-in/ski-out and within walking distance to ski lessons for the kids and town. The one bedrooms are very large.

You can often rent there for less than the price of MFs, so I think the rise in fees is problematic. And if you can buy a studio ski week for $1 plus closing, that basically tells me you can't give away the weeks in the other seasons.

Doesn't bode well for the resort's long-term future.

 

[EducatedConsumer]

For owner occupancy of a small party during ski season, I'd call this purchase a great deal.

However, when it comes to II exchanges, a studio is a studio, and outisde of FlexChange, II can be a real stickler when it comes to villa size.