New Vidanta Resort fees - June 15, 2024

[bnoble]

…or that’s included in the getaway price, and these fees are stacked on top of that if a GC is issued. I haven’t done the math yet to compare to RCI but it seems to be in the ballpark.

 

[bnoble]

I take that back. These are too low on comparison to RCI.

 

[T-Dot-Traveller]

Would you have to pay these high resort fees if you booked directly with the owner via I.e redweek?

No

If you book with an owner than the Vidanta MF / Usage Fee is paid by the owner

The resort fee structure is for exchanges - where the week is developer owned ; and therefore Vidanta has no real income for that week - other than the resort fee.

Vidanta ownerships since 2006 do not require an MF / Usage Fee be paid - until the owner books a week.

 

[bnoble]

therefore Vidanta has no real income for that week - ithrr than the resort fee.

They might be getting some revenue from the getaway/extra vacation fee--II and RCI sometimes serve as a "front end" for the developers to rent directly.

All of the Interval language is very consistent at both NV and RM, and across all resort levels, which has me thinking that the getaway price is going to Vidanta (at least in part).

 

[iftravel]

…or that’s included in the getaway price, and these fees are stacked on top of that if a GC is issued. I haven’t done the math yet to compare to RCI but it seems to be in the ballpark.

Checked the II getaway price for 2-bed Grand Mayan RM is 2284 vs RCI is 1750 resort fee + 300 exchange fee + points (could be as low as 7500 points close in or much higher if you want to lock in a future date). So about the same.

Not sure if it’s a good value. Is it worth booking through owners on eBay?

 

[dioxide45]

Not sure if it’s a good value. Is it worth booking through owners on eBay?

How many owners really rent out their weeks? If most of them have a no maintenance fee unless used, what incentive is there for them to bother with renting?

 

[bnoble]

Profit?

 

[dioxide45]

Profit?

Perhaps, but is it significant enough to be worth the effort?

 

[bnoble]

I’m continually surprised by how hard some timeshare owners work to earn so little.

 

[Danlop88]

I originally started researching timeshares when my father asked how he could get rid of his.(this is how I found Tugg) My father bought Vidanta back when they were called Mayan Palace and upgraded a couple of times. At one point he had to pay yearly. Now it’s pay only when using plus a payment every 10 years to keep the contract. He paid all this money so I advise just to keep it even though it’s been years since he has gone and try to use it once in a while.

He is retiring soon, maybe with a lot of time in his hands he can use it more or try to rent it.

 

[rpennisi]

How many owners really rent out their weeks? If most of them have a no maintenance fee unless used, what incentive is there for them to bother with renting?

Isn't that the way Aimfair makes their money (renting other people's Vidanta TSs)? Check out these from their website...(I hope I didn't break any rules posting this?)

Unit	Dates	Price	Rooms
Loft Park Terrace 2 BR The BON Entertainment Park	Variable contact the owner	$4500	2 Bedroom unit	View
Luxxe Villa 1 BR Riviera Maya	03/16/25 - 03/23/25 7 nights	$3350	1 Bedroom unit	View
Loft Residences 3 BR Nuevo Nayarit	Variable contact the owner	$8500		View
Residences 4 BR Nuevo Nayarit	Variable contact the owner	$10500	4 Bedroom unit	View
Presidential 1 BR Nuevo Nayarit	01/18/25 - 01/25/25 7 nights	$2500	1 Bedroom unit	View
Loft Park Terrace 2 BR The BON Entertainment Park	Variable contact the owner	$4800	2 Bedroom unit	View
SPA Tower 3 BR Nuevo Nayarit	03/29/25 - 04/05/25 7 nights	$6350	3 Bedroom unit	View
Presidential 3 BR Nuevo Nayarit	03/29/25 - 04/05/25 7 nights	$7950	3 Bedroom unit	View
Presidential 3 BR Nuevo Nayarit	03/15/25 - 03/22/25 7 nights	$7950	3 Bedroom unit	View
Luxxe Villa 2 BR Riviera Maya	03/17/25 - 03/24/25 7 nights	$4200	2 Bedroom unit

 

[T-Dot-Traveller]

Perhaps, but is it significant enough to be worth the effort?

I believe a 2 bedroom Grand Luxxe [ RCI RB-71 ] has a MF in the $2800 range
The effort is worthwhile if you rent for $ 600- 700 a night / $4200- 4900 a week .
as @rpennisi posted from Aimfair

Marriott & Westin HOTEL ROOMS in the Puerto Vallarta Marina area were $ 300+ per night in Feb 2024
A Grand Luxxe RB-71 - 1 bedroom is listed as 1726 sq. feet - so easily 4 times the space of a hotel room

 

[iftravel]

I believe a 2 bedroom Grand Luxxe [ RCI RB-71 ] has a MF in the $2800 range
The effort is worthwhile if you rent for $ 600- 700 a night / $4200- 4900 a week .
as @rpennisi posted from Aimfair

Marriott & Westin HOTEL ROOMS in the Puerto Vallarta Marina area were $ 300+ per night in Feb 2024
A Grand Luxxe RB-71 - 1 bedroom is listed as 1726 sq. feet - so easily 4 times the space of a hotel room

RCI / II still the cheapest option?