Diamond Took-Back our Monarch Points
MANY THANKS to this discussion thread!
While we thoroughly enjoyed our Monarch destinations -- ever since Diamond took over we have been so very disappointed and have wanted to get out. There is nothing like the first day of a vacation being ruined by being promised an "update/ informational" meeting and instead being given a hard sell like we have never been through in my life.
One of these meetings took place at Cancun Resort in Las Vegas. We were told that Diamond would be taking over the resort and making it a five-star resort. So we said "no" to converting to Diamond and instead took a wait-and-see attitude.
The next time we visited the resort definitely went downhill. The hallways were dirty and there was literally broken furniture in the hallway with a note on it "please fix." My young child played in the room with bare feet and he was left with black soles due to the condition of the cleanliness of the room.
But the kicker was that the place was packed with what I would call the "Motel-6" crowd. Big families with loud people, screaming kids, coolers near the pool with open (glass) bottles of liquor.
So in passing we asked a few families about their involvement with the resort -- and were told that they got their deals on Groupon for $69 - $79 per night. So while we as "members" or "owners" were paying a couple of thousand dollars a year to be part of their network -- anyone with internet access could get the exact same room and same arrangements for a fraction of that -- and with no obligation!
So we were able to get in touch with Loss Mitigation and we have been told that Diamond will take our Monarch contract for only a transfer fee of $250 (which pays for itself with only one quarterly payment!). This was after the representative on the phone said that Diamond would not be willing to take back any memberships. (The funny thing is that the Loss Mitigation person volunteered that they are "swamped" with processing so many take-backs right now!) :hysterical:
So we are waiting for the paperwork in the mail. . . .fingers crossed!
A big thanks to this discussion board and to the information provided. This year we will be able to take a vacation at a place of our choosing and at a fraction of the overall price that we have been paying for this membership! Thanks!