destination clubs and fractionals

Discussion in 'Timeshares' started by Kagehitokiri, Mar 7, 2011.  |  Print Topic

  1. Kagehitokiri
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    Kagehitokiri Silver Member

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    sorry for the delayed response - m private residences. an equity club out of canada. it is the first to bring back complimentary space available use.

    however, it is not one of the 3 clubs that have conservative debt restrictions. (2 debt-free, 1 with 5% cap.)

    the DC industry has a pretty bad history, which is unfortunate, because IMHO the exchange-free model is a brilliant one.

    http://www.tugbbs.com/forums/forumdisplay.php?f=48
    is indeed the main forum for DCs, after the shutdown of DC4MS.com (it actually predates DC4MS too)
    (thanks GregGH for linking earlier)

    http://www.destinationclubnews.com/forum/ - NOW DEFUNCT
    was launched recently. they are not just news like their partner http://www.sherpareport.com/ but also act in "brokerage" and consulting roles. they deserve a lot of credit for their creation of news archives, going back many years.
     
  2. Kagehitokiri
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    Kagehitokiri Silver Member

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    some fractionals also have complimentary space available use, and even let you use multiple units simultaneously, like here > http://www.palazzotornabuoni.com/pt_summary.pdf pages 8-9 discuss "rotating priority system" used by a number of fractionals
     
  3. Easy Victor

    Easy Victor Silver Member

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    While the Ritz Carlton doesn't have complimentary space available, the member prices certainly are VERY reasonable. Depending on location, a 2BR prox 1650sqft condo runs $150-$200/night on space available. Basically covers overhead and housekeeping. It's one of the best aspects of the program.
     
  4. Kagehitokiri
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    Kagehitokiri Silver Member

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    complimentary space available is common enough with fractionals. (and using multiple units)
    paid space available is common as well.
    with original/home membership, correct?

    its disappointing the portfolio only consists of unsold fractional inventory, and deposits (up to 2 weeks) from original/home members.

    the portfolio will benefit from the new exchange with abercrombie & kent's destination club though. there are AK members and discussion of properties on TUG.

    ...

    AK dues currently run $715 > $865 per nt.
    space available = $350 per nt. example of availability >
    http://tugbbs.com/forums/showpost.php?p=1058442&postcount=50
    http://tugbbs.com/forums/showpost.php?p=1058440&postcount=49
    AK (5% debt cap) doesnt use points like the other two conservative destination clubs. (which are debt free.)

    (ritz carlton destination club point system is the most ridiculous ive ever seen - 365 values for each room category at each location.)
     
  5. Kagehitokiri
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    Kagehitokiri Silver Member

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    AK exchange into RCDC can be extremely advantageous. so far have heard up to 1 night = 6 nights.

    might be similar in other direction for RC home owners of larger units who deposit peak ski weeks.
     

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