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Remodeling and renovating older timeshares and what it would mean to the "legacy" timeshare industry

rickandcindy23

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The Centennial State
Resorts Owned
Wyndham Founder; Disney OKW & SSR; Marriott's Willow Ridge and Shadow Ridge,Grand Chateau; Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few; Grand Palms(selling); WKORV-OF ,Westin Desert Willow.
We own at a few older timeshares, bought in early 1980's on a whim, one especially was a ridiculously expensive purchase, the other was a resort I still love. We also bought Foxrun, another legacy timeshare and have owned multiple units that we have since sold. We actually sold the summer units we owned for a profit over what we paid. Now we have a week 52 that we are giving away, but that's beside the point.

The areas where all of our timeshares are located are extremely popular during ski (Colorado) and summer. The units themselves cry out for help. Sure, they are big units, both of our Colorado resorts have loft areas with additional living area. But the old kitchen tile, old cabinets, and beat up woodwork throughout, and those very plain walls, the popcorn ceilings, and older bathrooms, well, these units need some major facelifts. The structure is good, but the interiors could use a lot of work.

I watch these home remodel shows on TV and on You Tube and see some fantastic ideas for decorating and utilizing space. Built-in benches instead of lots of chairs in the dining rooms to accommodate the number of people our units sleep, which is 8. The decor doesn't have to be plain old walls. Crown mouldings, light colors instead of dark woodwork painted instead of stained, better stair railings to get to the top floors. Better fireplace wall designs, nice gas fireplaces that are efficient and not just putting the heat up the chimney, which is what most gas fireplaces do, if you don't have an efficient insert.

Real estate values in the Colorado mountains are higher than ever. Why don't we look at the expensive timeshares, like the Hyatts, Marriotts and Hiltons and get some ideas on how to remodel our units and make them so desirable that people would want to own more weeks or buy weeks because they exchange into the resorts and like what they see.

I was looking at April dates for Outer Banks in RCI and saw some Gold Crown units. I would want to go in April, before the weather gets hot and sticky. The units look so plain in the pictures. Maybe RCI has old pictures of the units? When I see Outer Banks houses and condos on the remodeling shows, the units are themed and have grayish flooring for a sandalwood kind of aged look, which can be accomplished with a very simple luxury vinyl, and walls with bead board and lots of decor resembling a ship's cabin.

Legacy resorts are plentiful, and they are still in areas people want to be, so why can't HOA Board of Directors and the management companies see the value in what we have enough to put some money into the units and make them more appealing? I know it's really about the money. That is why older resorts should sell a unit or two as-is, and use that money to improve the other units. It can be done. Most legacy resorts have owners who live there full time and bought originally to own the entire unit.
 

dioxide45

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Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Money and cost. This is an inherent problem with many smaller independent resorts. It is all about keeping maintenance fees low. Sure you can have all those fancy things, but expect a big assessment as I am sure the HOA haven't been reserving for it. They could increase the fees to do a better renovation next time, but again they don't want to spend the money.

Just look at resorts like Villas at Cave Creek. Once a Vistana property. Based on photos, it doesn't look like they have updated the rooms since they left Vistana. We all complain about the high maintenance fees with Marriott, Westin and Sheraton, but those fees are paying for a consistent standard as well as a regular refurbishment cycle. Not just piecemealing changes along the way.
 

rickandcindy23

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Wyndham Founder; Disney OKW & SSR; Marriott's Willow Ridge and Shadow Ridge,Grand Chateau; Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few; Grand Palms(selling); WKORV-OF ,Westin Desert Willow.
Money and cost. This is an inherent problem with many smaller independent resorts. It is all about keeping maintenance fees low. Sure you can have all those fancy things, but expect a big assessment as I am sure the HOA haven't been reserving for it. They could increase the fees to do a better renovation next time, but again they don't want to spend the money.

Just look at resorts like Villas at Cave Creek. Once a Vistana property. Based on photos, it doesn't look like they have updated the rooms since they left Vistana. We all complain about the high maintenance fees with Marriott, Westin and Sheraton, but those fees are paying for a consistent standard as well as a regular refurbishment cycle. Not just piecemealing changes along the way.
True. We are selling one of the six timeshare units to accomplish updates for the other 5 units. Real estate values are so high that the unit we sell will easily go for $1 million. It's in Summit County, CO. The problem is not selling it, we know the value of the unit as a townhouse in a very large community, but the problem will be clearing the title. We have no idea how that's going to go. The developer went bankrupt 40 years ago. Who knows what the title search will uncover.
 

rickandcindy23

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Location
The Centennial State
Resorts Owned
Wyndham Founder; Disney OKW & SSR; Marriott's Willow Ridge and Shadow Ridge,Grand Chateau; Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few; Grand Palms(selling); WKORV-OF ,Westin Desert Willow.
I found it quite odd that ARDA is claiming it was victorious in the fight over property tax increases in Colorado because management companies in Colorado were all involved in that fight, many of us attended meetings for our timeshare resorts that are already struggling with membership and maintenance fees. We attended to represent our timeshares, along with many homeowners who already pay taxes on their VRBO and Airbnb rentals. Colorado is a greedy state.
 

amycurl

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Our legacy timeshare has updated bathrooms and continues to update furnishings and finishes. What we're struggling with is kitchen design--there's just not any good options to truly expand the kitchen space. But they've started doing the cabinets, flooring, and appliances kitchen by kitchen. And all of this without a special assessment or a MF above $1k for a two-bedroom week. :)
 

rickandcindy23

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Location
The Centennial State
Resorts Owned
Wyndham Founder; Disney OKW & SSR; Marriott's Willow Ridge and Shadow Ridge,Grand Chateau; Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few; Grand Palms(selling); WKORV-OF ,Westin Desert Willow.
Our legacy timeshare has updated bathrooms and continues to update furnishings and finishes. What we're struggling with is kitchen design--there's just not any good options to truly expand the kitchen space. But they've started doing the cabinets, flooring, and appliances kitchen by kitchen. And all of this without a special assessment or a MF above $1k for a two-bedroom week. :)
What timeshare is this? Foxrun has updated the units regularly under VRI but I still read a lot of complaints about them being old.

Ironically, some of the best timeshares are older. One that we love and reminds us of Val Chatelle is The Rushes. Those units have garages, are two stories on the interior and they have a fireplace and comfortable furniture, big kitchen, etc. The fees are pretty low there, and it's a beautiful setting.
 

amycurl

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Harbor Ridge in Maine, where--with the votes of quite a few TUGgers--I joined the HOA board in December 2023. :) And then somehow ended up as Treasurer in December 2025, although I was told there would be no.math. ;) (Really, I'm just a placeholder until one of our new board members gets up to speed and replace me next year, LOL!)
 

HitchHiker71

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The First State
Resorts Owned
Outer Banks Beach Club I (PIC Plus)
Colonies at Williamsburg (PIC Plus)
CWA VIP Gold (718k EY)
National Harbor Resale (689k)
I was looking at April dates for Outer Banks in RCI and saw some Gold Crown units. I would want to go in April, before the weather gets hot and sticky. The units look so plain in the pictures. Maybe RCI has old pictures of the units? When I see Outer Banks houses and condos on the remodeling shows, the units are themed and have grayish flooring for a sandalwood kind of aged look, which can be accomplished with a very simple luxury vinyl, and walls with bead board and lots of decor resembling a ship's cabin.
Unfortunately there aren't many timeshares in the Outer Banks. We own a week at OBBC I (Outer Banks Beach Club), it's a fall week really meant for fishing not beaching. It's a decent resort but as you said, it's dated compared to the high end homes being built there these days. If you're looking sat OBBC I units lemme know, I have the building layout that I can share so you can see which units are oceanfront vs pool facing, etc. Pretty sure I have the same diagram for OBBC II.
 

rickandcindy23

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Location
The Centennial State
Resorts Owned
Wyndham Founder; Disney OKW & SSR; Marriott's Willow Ridge and Shadow Ridge,Grand Chateau; Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few; Grand Palms(selling); WKORV-OF ,Westin Desert Willow.
Unfortunately there aren't many timeshares in the Outer Banks. We own a week at OBBC I (Outer Banks Beach Club), it's a fall week really meant for fishing not beaching. It's a decent resort but as you said, it's dated compared to the high end homes being built there these days. If you're looking sat OBBC I units lemme know, I have the building layout that I can share so you can see which units are oceanfront vs pool facing, etc. Pretty sure I have the same diagram for OBBC II.
This would be an ideal takeover for Wyndham, don't you think?

I would love to see Wyndham's takeover of some on Maui that are currently managed by Soleil Management. Soleil is terrible. They have no means of selling anything. Oh, they try, but how do you sell old resorts with huge maintenance fees that rival those of the Westin and Marriott brand? It's insane.
 
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