Number of Units at Each Resort

[dioxide45]

Is there any resource anywhere that shows the number of units at each Vistana property?

I was looking at the Sheraton Vistana Resort map and was thinking that there seems to be very few pool areas as compared the number of buildings that there are on property? I have never visitied the property and only saw it through the trees from Imperial Palms. How many stories are there to each building? It seems with the small number of pools that they could be over run given the number of buildings. Is this an issue at Sheraton Vistana Resort?

 

[vistana101]

From the merger filings, SVR has 1,566 units. (http://www.sec.gov/Archives/edgar/data/1644949/000119312515223962/d907952dex991.htm#toc907952_3)

 

[dioxide45]

From the merger filings, SVR has 1,566 units. (http://www.sec.gov/Archives/edgar/data/1644949/000119312515223962/d907952dex991.htm#toc907952_3)

Thanks for that resource. I wonder how they count the number of units? It is often said that Grande Vista has 900 units, but that is actual 2BR and 3BR units. If you count the lock offs, the number is almost double. Does Vistana count each side of the lock offs at Vistana Resort as distinct units, or is each 2BR and 3BR lock off a single unit?

 

[VacationForever]

I cannot answer your question but there are many pools at SVR, I think every phase having their own pool/rec area. The resort can feel disjointed because it is huge and very spread out. There are even different security gates.

Depending on the phase the number of stories vary.

I stayed there twice and the pools were never crowded.

 

[dioxide45]

I cannot answer your question but there are many pools at SVR, I think every phase having their own pool/rec area. The resort can feel disjointed because it is huge and very spread out. There are even different security gates.

Depending on the phase the number of stories vary.

I stayed there twice and the pools were never crowded.

Good to know. Looking at the resort map, it doesn't look like Palms or Fountains II have their own pools. The pool for Courts and Springs also look very small. Just looking at the map and the number of buildings, it didn't seem like enough to handle the number of units. I suppose most people are at the parks during the day, so there may not be a heavy load on the pools most of the time.

 

[SMHarman]

Thanks for that resource. I wonder how they count the number of units? It is often said that Grande Vista has 900 units, but that is actual 2BR and 3BR units. If you count the lock offs, the number is almost double. Does Vistana count each side of the lock offs at Vistana Resort as distinct units, or is each 2BR and 3BR lock off a single unit?

They would count by sellable deed. So only if the lock off was sold as two halfs like WLR or WKV could you count two. The WKORV were sold as 2 bed only.

The MF DB was cleansed to only show sizes that were actually sold for MF purposes a while back.

 

[jabberwocky]

Good to know. Looking at the resort map, it doesn't look like Palms or Fountains II have their own pools. The pool for Courts and Springs also look very small. Just looking at the map and the number of buildings, it didn't seem like enough to handle the number of units. I suppose most people are at the parks during the day, so there may not be a heavy load on the pools most of the time.

We were just there during the Easter week in March and stayed in the Fountains I (our first visit back since we acquired the week in 2013). While the resort appeared to be full, we had no problem getting chairs beside the pool and didn't feel the pool was crowded. I think you are right that a lot of people spend a fair bit of time in the parks so it reduces the load on the resort property. Our kids (all four) loved the pools and only had two days where we didn't spend time in the pools.

In the Fountains the buildings are only three stories high (as opposed to some of the other phases) so the number of people per building is relatively less than other resorts we've visited, the map is probably a little deceptive since you can't tell that you've gone from a Fountains I phase to Fountains II phase, it is seamless with the Fountains and Lakes pools being easily accessible.

 

[dioxide45]

They would count by sellable deed. So only if the lock off was sold as two halfs like WLR or WKV could you count two. The WKORV were sold as 2 bed only.

The MF DB was cleansed to only show sizes that were actually sold for MF purposes a while back.

So, does a resort like Lagunamar only have 145 2BR units, since they actually sold or were able to sell the 1BR and studio separately? If you buy a 2BR at Laguanmar, are you really just buying a 1BR and a studio? At deeded resorts, do you actually get deeded two units when you buy a 2BR or 3BR lock off where they would have also sold them as separate units?

 

[SMHarman]

So, does a resort like Lagunamar only have 145 2BR units, since they actually sold or were able to sell the 1BR and studio separately? If you buy a 2BR at Laguanmar, are you really just buying a 1BR and a studio? At deeded resorts, do you actually get deeded two units when you buy a 2BR or 3BR lock off where they would have also sold them as separate units?

I don't own there but.
1 really hard to have one mortgage on multiple titles so thus I think a 2 bed is one deed.
2. Some units were listed in the offering docs to be sold as split lo and others whole.
So the answer is a specific number somewhere in the middle.

The most interesting vvn / Svn doc I read recently was the one on the so exchange system and the audit performed on it. The percentage of units vs units in the system etc. Fascinating. The number you are looking for is likely in there but I am not going a huntin for it at 11pm.

 

[DeniseM]

So, does a resort like Lagunamar only have 145 2BR units, since they actually sold or were able to sell the 1BR and studio separately? If you buy a 2BR at Laguanmar, are you really just buying a 1BR and a studio? At deeded resorts, do you actually get deeded two units when you buy a 2BR or 3BR lock off where they would have also sold them as separate units?

No - you would get one deed for either a 2 bdm, or 3 bdm. Not separate deeds.

The 2 bdms. at Lagunamar, and Maui, and many other resorts are lock-offs, but your deed will be for a 2 bdm., if that is what you buy.

If they were deeded separately, you could not reserve them together and get a 2 bdm. confirmation - VSE doesn't combine units to make a 2 bdm. confirmation.

In other words, if you own a 1 bdm. and a studio, they will not let you make a home resort reservation for a 2 bdm. - you will have 2 separate reservations.

 

[dioxide45]

So they must know ahead of time how many they intend to sell as full 2BR, 1BR or studio units? Otherwise they have no way to indicate the number of planned units at a resort.

 

[DeniseM]

So they must know ahead of time how many they intend to sell as full 2BR, 1BR or studio units? Otherwise they have no way to indicate the number of planned units at a resort.

At US resorts - the number of units must be determined and approved by the local planning commission, in the early stages of development.

At WKORV - they have stand alone one bedrooms (not half of a lock-off) and only those units were sold as one bedrooms.

They did not sell studios on Maui - I think Lagunamar is the only place they sold studios separately. (?)

I know on Maui, the local planning commission strictly limited how many units could be in each resort, so by not selling the studios separately, they could stretch that number - because a lock-off could be one unit. But I'm guessing that in Cancun, the local planning commission doesn't really care.

 

[SMHarman]

They did not sell studios on Maui - I think Lagunamar is the only place they sold studios separately. (?).

WKV has the ability to buy either side but the small side is still 1br. As do others on the mainland.

 

[bizaro86]

I don't own there but.
1 really hard to have one mortgage on multiple titles so thus I think a 2 bed is one deed.
2. Some units were listed in the offering docs to be sold as split lo and others whole.
So the answer is a specific number somewhere in the middle.

The most interesting vvn / Svn doc I read recently was the one on the so exchange system and the audit performed on it. The percentage of units vs units in the system etc. Fascinating. The number you are looking for is likely in there but I am not going a huntin for it at 11pm.

Do you have a link or way of finding the document ao someone else could dif through it?

 

[SMHarman]

Do you have a link or way of finding the document ao someone else could dif through it?

http://www.tugbbs.com/forums/showthread.php?p=1885069

I attached the 10q there.

 

[SMHarman]

Do you have a link or way of finding the document ao someone else could dif through it?

So actually it is in your
Vistana.com/dashboard | governing docs I association information | vsn rules and regulations.

Name and Address
The Lagunamar Ocean Resort
12.5 Boulevard-Zona Hotelera Cancun, Quintana Roo 77500 Mexico


Number of Units
592

Network Members
23,317

//cloud.tapatalk.com/s/5751de8c1fdfb/2015-svn-rules-mandatory.pdf

 

[SMHarman]

But this math is a mess.

CHAPTER*THREE. THE*PROPERTY

3.1 Developer’s Plan of Development. Developer intends (but has no obligation) to develop or cause to be developed 158 Two Bedroom Lock-Off Units and related improvements on the Condominium Property, as it may be expanded under the Condominium Declaration. Further, Developer intends (but has no obligation) to commit all Residential Units to the Plan. Of the total proposed 158 Two Bedroom Lock-Off Units, the Developer may divide and sell up to 45 of the Two Bedroom Lock-Off Units as Vacation

Ownership Interests for One Bedroom Units and for One Bedroom Premium Units. Each Vacation Ownership Interest that is sold and conveyed by a First Deed as a Two Bedroom Lock-Off Unit Vacation Ownership Interest may not be divided into a separate One Bedroom Unit Vacation Ownership Interest and One Bedroom Premium Unit Vacation Ownership Interest for ownership purposes as provided in the Condominium Declaration; however, the two separate one bedroom units that make up the Two Bedroom Lock-Off Unit may be used separately as provided in the reservation rules. If the Developer divides 45 of the proposed 158 Two Bedroom Lock-Off Units into 45 One Bedroom Premium Units and 45 One Bedroom Units, the total number of Vacation Units in the Plan will be 203.

*

From the WKV docs

But 298 and 11123 from the Svn rules doc.

 

[SMHarman]

So they must know ahead of time how many they intend to sell as full 2BR, 1BR or studio units? Otherwise they have no way to indicate the number of planned units at a resort.

Per the WKV filed plan.

CHAPTER*THREE. THE*PROPERTY

3.1 Developer’s Plan of Development. Developer intends (but has no obligation) to develop or cause to be developed 158 Two Bedroom Lock-Off Units and related improvements on the Condominium Property, as it may be expanded under the Condominium Declaration. Further, Developer intends (but has no obligation) to commit all Residential Units to the Plan. Of the total proposed 158 Two Bedroom Lock-Off Units, the Developer may divide and sell up to 45 of the Two Bedroom Lock-Off Units as Vacation Ownership Interests for One Bedroom Units and for One Bedroom Premium Units.

Each Vacation Ownership Interest that is sold and conveyed by a First Deed as a Two Bedroom Lock-Off Unit Vacation Ownership Interest may not be divided into a separate One Bedroom Unit Vacation Ownership Interest and One Bedroom Premium Unit Vacation Ownership Interest for ownership purposes as provided in the Condominium Declaration; however, the two separate one bedroom units that make up the Two Bedroom

Lock-Off Unit may be used separately as provided in the reservation rules. If the Developer divides 45 of the proposed 158 Two Bedroom Lock-Off Units into 45 One Bedroom Premium Units and 45 One Bedroom Units, the total number of Vacation Units in the Plan will be 203

 

[dioxide45]

Per the WKV filed plan.

CHAPTER*THREE. THE*PROPERTY

3.1 Developer’s Plan of Development. Developer intends (but has no obligation) to develop or cause to be developed 158 Two Bedroom Lock-Off Units and related improvements on the Condominium Property, as it may be expanded under the Condominium Declaration. Further, Developer intends (but has no obligation) to commit all Residential Units to the Plan. Of the total proposed 158 Two Bedroom Lock-Off Units, the Developer may divide and sell up to 45 of the Two Bedroom Lock-Off Units as Vacation Ownership Interests for One Bedroom Units and for One Bedroom Premium Units.

Each Vacation Ownership Interest that is sold and conveyed by a First Deed as a Two Bedroom Lock-Off Unit Vacation Ownership Interest may not be divided into a separate One Bedroom Unit Vacation Ownership Interest and One Bedroom Premium Unit Vacation Ownership Interest for ownership purposes as provided in the Condominium Declaration; however, the two separate one bedroom units that make up the Two Bedroom

Lock-Off Unit may be used separately as provided in the reservation rules. If the Developer divides 45 of the proposed 158 Two Bedroom Lock-Off Units into 45 One Bedroom Premium Units and 45 One Bedroom Units, the total number of Vacation Units in the Plan will be 203

Good information. So they have laid out ahead of time the number of units that they could potentially sell as 1BR premium and 1BR standard units. I guess if they don't end up splitting them all, the number of units in the plan could be anywhere between 158 and 203?

 

[alexadeparis]

Here is a screen shot. Left column is built units, middle is planned and right is total units.

 

[alexadeparis]

Here's another one about planned units for the newly announced 5 resorts.

 

[dioxide45]

Here's another one about planned units for the newly announced 5 resorts.

Good info. Not sure that is showing planned units, but rather the number of existing units at the hotel properties that were transferred with Vistana in the spinoff. It is possible that after conversion that the number of actual units will be different. I am rather excited about the additional properties in Mexico. I am sure there are a few others here that are less than impressed.

 

[alexadeparis]

You're right. If they remodel like they did in St John, the number of units would probably be around half or less, using 2 to 3 hotel rooms to make lock offs. But relatively small resorts either way.

 

[dioxide45]

Would anyone know any of the view numbers to fill in the blanks?

Resort						Ocean	Mntn	Valley		Built	Add Planned
						Font	Side	Side	N/A	Built	Units
Harborside Resort at Atlantis			0	0	0	198	198	0
Lakeside Terrace Villas				0	0	0	23	23	0
Sheraton Broadway Plantation			0	0	0	345	345	160
Sheraton Desert Oasis Villas			0	0	0	150	150	0
Sheraton Mountain Vista				0	0	0	78	78	0
Sheraton PGA Vacation Resort			0	0	0	30	30	0
Sheraton Steamboat Resort						21	0
Sheraton Vistana Resort				0	0	0	1566	1566	0
Sheraton Vistana Villages			0	0	0	892	892	734
The Westin Desert Willow Villas, Palm Desert	0	0	0	134	134	166
The Westin Ka’anapali Ocean Resort Villas					280	0
The Westin Ka’anapali Ocean Resort Villas North					258	0
The Westin Kierland Villas			0	0	0	149	149	0
The Westin Lagunamar Ocean Resort Villas*& Spa	0	0	0	290	290	0
The Westin Mission Hills Resort Villas		0	0	0	158	158	0
The Westin Nanea Ocean Villas							0	390
The Westin Princeville Ocean Resort Villas	0	0	0	173	173	0
The Westin Riverfront Mountain Villas		0	0	0	34	34	0
The Westin St. John Resort*& Villas		0	0	0	164	164	88
Vistana’s Beach Club				0	0	0	76	76	0
The Phoenician Residences,			0	0	0	6	6	0
The Luxury Collection Residence Club		
The St. Regis Residence Club, Aspen		0	0	0	25	25	0
The St. Regis Residence Club, New York		0	0	0	31	31	0