In that last render, the ratio of accomodation rooms to rides and attractions looks very high.
The Vidanta names really have me baffled. Is the Kingdom of the Sun comparable somewhat to a GL level? In June of 2018 we were offered a Celebrate Deluxxe contract which I understand is at the Grand Bliss level.
OK. Thanks for the clarification. We have a GL 2br Master Suite so I assume this is at the minimum the next upgrade they will try to sell us when we get to RM in June.
This is the Celebrate Park package that they were trying to sell us in February, 2019. I have no idea how many salesman lies are included in selling future access to something that does not even exist ....... (Haha, wink, wink) but since we are owners buying before the park opens it is "only" $6,000 if you buy today.
My wife and I just bought a Kingdom of the Sun two-bedroom loft. They referred to it as a "penthouse" since it's on the top two floors of a nine story building in Celebrate Park. It has a huge deck (we did not buy an end unit with an even larger extended deck.) The contract gives us two weeks per year for 100 years and an additional week for the first 10 years. The usage fee is $2,400 per week and at the end of 10 years the fee to continue is the same as the usage fee = $4,800 lump sum ($2,400 for each week) to continue another 10 years. We get an additional 2 privilege weeks through SFX which I really don't understand. We will likely use it 2 weeks per year and hope to rent it some. I'm hoping there is a market for this as a rental unit paying us more than $2,400.
The "best guess" from the salesman is that it will be ready for occupancy end of 2020. He also said that Celebrate Park, Phase 1 (a water park) is scheduled to open end of 2020 as well but it will likely really happen early 2021.
I love our Vidanta vacations but I think we paid way too much for this as an upgrade.
It was $20,000 until we returned the next day to cancel the contract and they reduced the price by $5,000 and gave us several nice little addendums. Closing fees etc. ran it up to $17,000I am guessing your buy in initially / last year was 20 +K range
yes. It would have cost $5,000 in April last year and $6,000 in February 2019.the $ 6000 is just for all the premium park access ?
Yes. There were two problems with our original purchase. The contract said we could only stay at Nuevo Vallarta (and not at any sister resorts) once our room at NV was constructed. (Southwest has a direct flight to Cancun!) We are both retired and wanted to bring our kids and grandkids on the rare occasion that their spring break wasn't Easter week. So we were primed to buy a more moderate upgrade. The salesman pushed us towards a larger upgrade with the idea that it is much easier to rent larger units to offset the buy-in cost. We'll see about that.So if I have this correctly - you paid xxx to upgrade to Kingdom of the Sun - 2 bedroom loft .
Mayan Palace one-bedroom $900 usage fee per our old contractWhat was the one bedroom Celebrate / Cascade/ MP ?
The text below is from the pop up box labeled "What are Privilege Weeks?".
They can be used at other timeshares as well as back at Vidanta ones. You will have to pay a resort fee when using a privilege week because it is really an exchange, but with SFX the cost is only $75.
WHAT ARE PRIVILEGE WEEKS ?
Privilege weeks are the unique opportunity to travel back to your home resort without having to use your ownership week.
You were given these as part of your recent purchase or upgrade at your Vidanta resort. These are similar to your Vida weeks, but with Privilege weeks you book back to a Vidanta property that is equal or lesser in luxury level to what you currently own.
The cost of a Privilege Week is similar or equal to what your usage fee is ....There are no cancellations or refunds of Privilege weeks when purchased.
In the event you cannot travel on the week booked, you can call The San Francisco Exchange Company up to 30 days prior to your arrival There will be a $199.00 rebooking fee, plus the cost of any additional fees due at that the time of rebooking.
Privilege Weeks are available for Member's Use Only, they cannot be booked for guests.
HI MoPopsInteresting reading. I’ve come to the conclusion that the names, programs, rules, clauses, and spur of the moment decisions that Vidanta makes (maybe it’s Vida) that I will never understand the program. I will continue to go to guest services for a hour or so while I’m there, just to catch up. No more owners meetings for me.
WHat I just learned about SFX Privilege Weeks / that are included with Vidanta contracts that contain registered weeks .
1) member use only / no guests / (ie) no rentals
2) no cancellations or date movement / (ie) pay the $199 rebooking fee and your week use payment can be applied to a new booking . (Similar to getting TPU's back from RCI but having to pay a new exchange fee to RCI to use )
Questions
1) Eric - re the $75 resort fee / when you used a Privilege Week to book (holiday time) was the $75
charged at check in / or when booked ?
2) (,I have the Vida -SFX Weeks brochure from 2016 ). I understood Vida-SFX weeks were for use at non vidanta resorts , & Privilege Weeks(SFX ones) were for use back into Vidanta . Is the ability to use Privilege Weeks outside Vidanta just an expansion of use ,due to what is included (or not) in the more recent contracts ; and perhaps a way to simplify" bonus weeks" for owners of full contracts with registered weeks ?
3) The term - Privilege Weeks " was also used for some "exit packages " , sold by the PRTC and
Destinos ICE brands , by the various exit package sales teams that Vida Sales has in place .
It sounds like the term " LIfestyle Week" might be more appropriate for the ICE product that has April to December use .
Of course - Timeshare Sales terminology is subject to - " presentation variation" .
$20k for GM? NOPE!!! I am in the Estates and don't have $50k invested with them yet. Trade-ins are a gimmick. Negotiate!! Work them down, don't let them work you down! Vidanta sales are willing to tell you ANYTHING to get you to buy. What they promise and what you get are never the same. Read your contract, negotiate and demand addendums. The park is going to be nice when it finally opens in late 2020 or 2021. It's not going to be a Cirque park since they pulled out. It's going to be called "The Parks" and will not rival Disney in any way. However, they did hire a former Disney lead engineer to complete the park after they parted ways with the Godard Group. It's a great place to own but don't over-pay by getting caught up in their hype and marketing presentation. You will not make money buy owning at Vidanta and you will not be able to sell your contract for anything near what you paid for it - $.10 on the dollar if you are lucky. So don't buy unless it is something you want to utilize long term.