July 10 -2024
Hi All ,
Here are some points & thoughts about the June 15th update of Vidanta resort fees on RCI - [ that will probably apply to other Exchange Companies}
1 ) [Almost* ] All exchanges into Vidanta are done into developer owned inventory. [for which there is no MF paid by an owner]
2 ) [ Almost*] All Vidanta owners only pay a MF / User Fee when they book a week.
* [ Contracts since late 2005 have the " no go / no pay" - MF on Use Only Vidanta addendum. Grand Luxxe & Grand Bliss were launched after this date.]
3 ) The RCI subscriber resort fee of $ 1540 - $ 1890 - $ 2660 is approximately what a Grand Luxxe owner pays if they book a week.
4) RB71 Grand Luxxe NV and 6562 Grand Bliss NV resort codes were strict 1 in 3 rules & no guest certificates allowed- prior to the June 15 resort fee; & most exceptions were for lower tier Vidanta Brands. [ note -F 123 / GL Vl & F121 / GL Celebrate Loft in NV had exceptions as did F 125 / GL Jungle in RM ]
5) Vidanta developer inventory is on multiple exchange platforms ; just as airlines list the same seat on multiple travel platforms.
6 ) I would assume that Vidanta's reservation system knows who checked in - regardless of the platform used.
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Thoughts - Renting from an owner may not be cheaper than exchanging ( unless the owner is a friend who will rent at their cost)
Red week has lots of Vidanta rentals.
Here is one from today :R 1140549 -GL NV 2 bedroom - Nov 23 -30 :$ 595 night / $ 4195 total
TUG members love great arbitrage in exchanges.
@echino nailed one with a July GL 4 bedroom for $ 995 thru ThirdHome.
We all hope there are opportunities for value exchanges into Vidanta in the future .
The June 15 Resort Fee update best addresses Vidanta's high demand locations in high season; and may actually incentivize some winter
2025 exchangers to buy , when they realize their new cost for exchange into a 2bd GL NV in 2026 snowbird season.
[ Perhaps giving Vida Sales this sales wedge is part of the plan.]
In my opinion the "adjustments / exceptions to the June 15 resort fee schedule are most likely to emerge in locations other than Nuevo Vallarta ,
for instance - Riviera Maya Mayan Palace brand & perhaps other brands / locations at non-peak season time-frames.
Please add updates to this thread as information evolves.