Marriott Maintenance Fee Increases

[jp10558]

I was going thru some old paperwork and found information from when I bought my Timeshare at Summit Watch in 1994. The fee for a 2 bedroom lockoff was $478 and for 2025 the fee was $2312. I wonder how that compares to the inflation rate over almost 30 years.

Oh, that's not great - I like Tom's inflation calculator at halfhill.com. Comparing to 2022-2025 depending on the inflation measures most recent year offered - CPI-U claims it'd be $1,032.58 in 2025 dollars. However, I think there's a lot of debate about how reasonable the CPI-U actually is.

Social Security Wage index claims 2023 dollars at $1,340.60 - which is the highest save for the now widely debunked "Shadowstats".

The CPI for "Other lodging away from home including hotels and motels" is lower, suggesting it would be $951.68 in 2025 - but TBH I don't think I trust this stat given putting in 2024 shows being a bit less, but I am pretty sure the hotel prices were widely higher last year compared to this year - and nerdwallet and other reporting backs up that hotel rates have come down.

Now, IDK how you figure out inflation, part of the issue is I'm sure you will be averaging in a huge range of what "Other lodging away from home including hotels and motels" actually is and probably 1 night ranges from $50 (or less?) at a roadside motel to $2,000 (or more) at a Conrad or whatever exclusive suite in a city.

So now someone is probably left with either commissioning a study (or just doing their own comparisons) to see if these rate increases "make sense" compared to Hotels or other reasonable substitutions in 2025, including defining a reasonable point of comparison. Marriotts are among the hardest to make the numbers work IME, but still might turn out ok.

 

[pedro47]

I recently submitted my application for a board position at Oceana Palms. This resort is primarily controlled by the trust, so it is important for the owner board members to have some input. I will let you know if my application is accepted.

Good luck...I agreed an owner should be on the board.

 

[cubigbird]

Good luck...I agreed an owner should be on the board.

Isn’t this why MVC sales been aggressive in selling owners into turning their deeds over for points contracts……to prevent this?

 

[Hindsite]

Isn’t this why MVC sales been aggressive in selling owners into turning their deeds over for points contracts……to prevent this?

Its more to do with sales having points to sell and human greed. Salespeople want commission so they are aggressive about making up reasons to buy when there are none.

You only have to look at the number of people on FB pages who want to get rid of their weeks and if MVC were really aggressively wanting weeks back they'd only have to send an email to owners offering a few hundred $ and a simple process and they'd be deluged. That's way cheaper than running an expensive sales organisation, but it would reduce the pool of owners when they want/need to increase them.

 

[claraj]

I just received the proxy vote for Grande Vista and it is in Spanish (which I've never learned). Should I expect to receive an English version?

 

[dioxide45]

I just received the proxy vote for Grande Vista and it is in Spanish (which I've never learned). Should I expect to receive an English version?

If you are able to log in to the proxy website using the control number, you should be able to download and read the English version. I haven't seen a proxy yet for Grande Vista. Did you get it via mail or email?

 

[Fasttr]

I just received the proxy vote for Grande Vista and it is in Spanish (which I've never learned). Should I expect to receive an English version?

Sí.

 

[claraj]

If you are able to log in to the proxy website using the control number, you should be able to download and read the English version. I haven't seen a proxy yet for Grande Vista. Did you get it via mail or email?

I received via mail today. I did log in online to find the English version. Thanks!

 

[claraj]

Sí.

I am laughing because my emails from Son Antem are in German! Not even Spanish!