OFFICIAL THREAD: VSE/Starwood 2016 maintenance fees

[YYJMSP]

*** Please post your maintenance fees in the database - click here: DATABASE


Thanks again, Nico, for providing this valuable service to Starwood owners!


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WKORV - 2BR Deluxe LockOff unit

Due Date 01/05/2016

Maintenance Fee(s) $ 3,121.30
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 145.60
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
MTO PAC Contribution** $ 0.00
Sub-Total
Current Year Charges $ 3,266.90


2015 Maintenance Fee(s) were $3,020.28 so this is a ~3.3% increase. About half of the increase is property taxes, and most of the balance is wages, and maintenance of the shuttles...

For those of us north of the border and paying in CAD, this is effectively a 16+% increase after taking in to account the currency exchange fluctuations since last year.

 

[YYJMSP]

WKORVN - 2BR LockOff unit (EOY)

Due Date 01/05/2016

Maintenance Fee(s) $ 1,318.52
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 46.80
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
MTO PAC Contribution** $ 0.00
Sub-Total
Current Year Charges $ 1,365.32


2015 Maintenance Fee(s) were $1,258.67 so this is a ~4.8% increase. Around half is due to property taxes, and most of the rest is wages, and some for gas/electric consumption.


For those of us north of the border and paying in CAD, this is effectively a 18+% increase after taking in to account the currency exchange fluctuations since last year.

 

[DeniseM]

You win the prize! You are first to report for 2016!

 

[PamMo]

WKORVN 2016 2BR annual MF's are $2,597.05
WKORVN 2015 2BR annual MF's were $2,477.35

Increase of 4.8%! Why a higher percentage increase for North vs South? These are OF units which will be getting more StarOptions in 2017, but MF's have never been tied to StarOptions.

 

[PamMo]

WKORV 2016 2BR annualMF's are $2,265.20
WKORV 2015 2BR annual MF's were $2,191.88

Increase of 3.34%

 

[lakeshearers]

WKORV 2016 2 BR deluxe (island view) annual MFs are $3121.30
WKORV 2015 2 BR deluxe (island view) annual MFs were $3020.28

 

[DavidnRobin]

Note:
WKORV Deluxe Villas went up 3.34% ($3020.28 to $3121.30) - this % increase should be same for all EY WKORV VOIs

PamMo - your MFs amounts for WKORV do not show this % increase ??? they should be the same unless I am missing something...

SVN Fee (for those with their 1st VOI in HI) went up 4.31% ($139.58 to $145.60)

 

[okwiater]

Can we get Sheraton Flex added to the database as a resort option? Might be useful to track MF growth over time. Since it's a points-based system, perhaps the "unit type" should simply be "per-point" since that makes it easy to calculate the MF for any size points package. Or, you could add a few common package sizes (67,100, 81,000, 95,700, 125,000, 148,100 etc.) and populate it that way.

 

[pedro47]

*** Please post your maintenance fees in the database - click here: DATABASE


Thanks again, Nico, for providing this valuable service to Starwood owners!


----------------------------------------------------------------


WKORV - 2BR Deluxe LockOff unit

Due Date 01/05/2016

Maintenance Fee(s) $ 3,121.30
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 145.60
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
MTO PAC Contribution** $ 0.00
Sub-Total
Current Year Charges $ 3,266.90


2015 Maintenance Fee(s) were $3,020.28 so this is a ~3.3% increase. About half of the increase is property taxes, and most of the balance is wages, and maintenance of the shuttles...

For those of us north of the border and paying in CAD, this is effectively a 16+% increase after taking in to account the currency exchange fluctuations since last year.

Is this for just one week or are you in a points destination club system?

 

[PamMo]

PamMo - your MFs amounts for WKORV do not show this % increase ??? they should be the same unless I am missing something...

David, you're right - I had listed the 2015 MF's incorrectly. I've updated my posts to show the correct MF's and percentage increases over last year for WKORV and WKORVN.

 

[YYJMSP]

Is this for just one week or are you in a points destination club system?

This is for the one week, of the eight that we own across various properties...

 

[DeniseM]

Is this for just one week or are you in a points destination club system?

These maintenance fees are all for Starwood timeshares.

 

[DeniseM]

Can we get Sheraton Flex added to the database as a resort option?

Everything on TUG (including the weeks database) was created by volunteers. If you'd like to create a Database for Sheraton Flex, I'd by happy to post a link.

 

[okwiater]

Everything on TUG (including the weeks database) was created by volunteers. If you'd like to create a Database for Sheraton Flex, I'd by happy to post a link.

Is there a benefit to creating a separate database rather than simply adding Sheraton Flex to the resort dropdown menu?

 

[DeniseM]

Is there a benefit to creating a separate database rather than simply adding Sheraton Flex to the resort dropdown menu?

Just to clarify - the database is not on TUG - it is a website owned by a Tugger.

 

[okwiater]

Just to clarify - the database is not on TUG - it is a website owned by a Tugger.

Yes, I am aware of that. I wasn't asking TUG to update the menu, I was asking Nico.

 

[hypnotiq]

I haven't been paying attention to the Flex stuff but if someone wants to provide me the info, I'd be happy to update the DB to accommodate it.

-Nico

 

[okwiater]

I haven't been paying attention to the Flex stuff but if someone wants to provide me the info, I'd be happy to update the DB to accommodate it.

-Nico

Flex is an easy per-point calculation, so my recommendation would be to treat it like a regular resort but call it "Sheraton Flex" and then create the following "unit types": 44,000 HomeOptions, 67,100 HomeOptions, 81,000 HomeOptions, 95,700 HomeOptions, 125,000 HomeOptions, and 148,100 HomeOptions. First usage year should be 2016.

 

[DavidnRobin]

There are 3 types of new programs to deal with where MFs are linked to HOs.
Beyond the Sheraton Flex...
For WSJ CV and SB - Resort Season is linked to MF/HO
For Nanea - Villa Type is linked to MF/HO

The commonality between them is MF per HO (or SO since HO=SO except in how they are used...) with the differentiation being Resort Season for WSJ-CV/SB and Location for Nanea - I assume the same case for Sheraton Flex.

A Field for MF/SO would be useful that could be used for all resorts (or Flex) to compare to between resort or across years.

This could also deal with VOIs that have had their SOs changed.

 

[hypnotiq]

I've updated for Sheraton Flex Program.

I'll have to address the other two when I have more time later tonight.

 

[okwiater]

There are 3 types of new programs to deal with where MFs are linked to HOs.
Beyond the Sheraton Flex...
For WSJ CV and SB - Resort Season is linked to MF/HO
For Nanea - Villa Type is linked to MF/HO

The commonality between them is MF per HO (or SO since HO=SO except in how they are used...) with the differentiation being Resort Season for WSJ-CV/SB and Location for Nanea - I assume the same case for Sheraton Flex.

A Field for MF/SO would be useful that could be used for all resorts (or Flex) to compare to between resort or across years.

This could also deal with VOIs that have had their SOs changed.

WSJ-CV is not a consistent MF/HO, so we would definitely need every HomeOptions package allotment represented in the "unit type" field.

Sheraton Flex IS a consistent MF/HO. Nanea is a consistent MF/HO for a given villa type.

 

[okwiater]

I've updated for Sheraton Flex Program.

Works great.

Sheraton Flex in 2016 is $0.01484 per HomeOption.

 

[DavidnRobin]

WSJ-CV is not a consistent MF/HO, so we would definitely need every HomeOptions package allotment represented in the "unit type" field.

Isn't the MF/HO consistent between the two Resort Types for WSJ-CV?
E.g. Are you saying that between the HOs needed for a 2Bd and for a 3Bd (7-day period) in Diamond Season that the MF/HO is not the same? Or is there MF variation for the same villa type within a season?

 

[okwiater]

Isn't the MF/HO consistent between the two Resort Types for WSJ-CV?
E.g. Are you saying that between the HOs needed for a 2Bd and for a 3Bd (7-day period) in Diamond Season that the MF/HO is not the same? Or is there MF variation for the same villa type within a season?

I believe the MF/HO is the same for a given number of HomeOptions, irrespective of the season; however, the MF/HO does vary depending on the size of the points package(s) purchased. In other words, the total MF for a 81,000 HO package and a 67,100 HO package is going to be much more than the MF for a 148,100 package, even though both scenarios result in 148,100 HomeOptions. That's how it works at WSJ-CV, at least. Sheraton Flex does not work that way.

 

[YYJMSP]

SVR Spas (proposed budget)

How come I'm the first to get these bills?!? Am I special?

I'll update this post when the real MF bill arrives, but history shows that the proposed budget amount that arrives in the mail is rubber-stamped through to the MFs a few weeks later (BoD meeting is scheduled for Oct 21st).

SVR Spas, 2BR dedicated, annual, looks like it will be $753.72 (excluding property taxes) as compared to $717.51 (excluding property taxes) last year, so a ~5.0% increase.