According to the attachment in
this post, at least at one of the associations of Shawnee, occupancy was below 50%. The main problem is properties in areas with highly seasonal demand. Cold in winter without winter activities means low occupancy. So while it may be full in the summer, it is a near ghost town in the winter.
Except for Crestview the other sections at Shawnee Village have earned a bad reputation because of the units being in poor condition and badly outdated which results in lower occupancy numbers. Owners, especially the longer time owners, have seen this happen at other resorts.
My question has always been how was this allowed to happen? Someone once posted the section of the Club governing docs that says units are to be updated every so many years. I can't remember how many it was, 5, 7? Money to do that is supposed to be in the resorts budgets just like the reserve fund. With Wyndhan people either controlling the resorts HOAs or at least having a strong presence on them, why wasn't that work done in a timely manner before it got that bad?
Here's what I learned in my husband's 40 year career as a risk consultant, inspector, and accident/breakdown investigator for several major insurance companies. He specialized in everything mechanical, electrical, etc, and would be given tours of various properties, heavy to light industries, businesses, hospitals, schools, churches, condo and apartment complexes, etc.that the companies he worked for insured or prospected. When you put off work that needs done, things that need replaced, it just gets more and more expensive and often causes problems with other things that then need repaired or replaced too.
A lot of this was happening when Wyndham was building, developing, and expanding Bonnet Creek. Bonnet Creek has never waited for units to be updated or work to be done from what I've seen. That's what happens when you're Daddy and Mommy's favorite, the pretty princess or prince, and not the red-haired stepchild of resorts. Lol
By the end of this 3 month long fall trip we'll have stayed at 57, possibly 58 different Wyndham resorts. Far too many times I've seen things like carpet, certain pieces of furniture, appliances that quite clearly should have been replaced in the updates but weren't. Meanwhile money was spent on other things that weren't as needed or even needed at all. The lobbies always seem to get a complete makeover at great expense out of that money just because Wyndham can not because it's actually needed.
Sorry for the rant but the occupancy numbers at some of these resorts are low because they were let go for far too long.