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SXMWendell
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Joined: 11/27/02
Posts: 7051
Re: Caravanserai [Re: kim]
      #1608483 - 10/07/14 08:23 PM (75.11.159.130)

Dawn beach hotel paid their insurance premiums to their agent. The agent didn't forward the payments to the insurance co. So Dawn beach hotel didn't have insurance to rebuild.

SXM??? Wendell


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kim
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Joined: 09/14/00
Posts: 3703
Loc: Newtown, CT
Re: Caravanserai [Re: SXMWendell]
      #1608490 - 10/07/14 09:30 PM (24.151.71.114)

I guess what I'm asking is have their been other timeshare resorts on the island that have closed their doors and if so how was it handled and what was the outcome. Idk why I though Dawn Beach was timeshare not a resort, but I knew the agent fled with the $$$$.

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boucharda
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Joined: 12/01/04
Posts: 2932
Loc: Massachusetts
Re: Caravanserai [Re: San]
      #1608502 - 10/08/14 06:51 AM (76.118.193.255)

Quote:



Quote:
"I also don't think what happens to Alegria will have a big effect on the TS industry as a whole but instead on the unfortunate TS owners in that complex."



This is far from being true. The truth is that if the new owner is allowed to turn a timeshare facility into a straight hotel facility, a HISTORIC PRECEDENT will be set not only on this island but possibly at any timeshare facility, exclusive of U.S. timeshare properties




Totally agree...

...and the unplanned closing of a resort due to storm damage is a bit different than transferring ownership, dumping existing contracts and continuing operations

I should also mention that the only way SOME owners know about this event is through this forum. It is obvious that not everyone received the email. Those that did not and do not frequent this board are still clueless as to what is going on....

Thus my original post about how lame it was to send the notice via email vs. certified mail. They have no proof of ANYONE actually getting it.

Edited by boucharda (10/08/14 06:57 AM)


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SXMWendell
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Joined: 11/27/02
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Re: Caravanserai [Re: boucharda]
      #1608508 - 10/08/14 07:58 AM (75.11.159.130)

Another thing I don't understand. If the leassee's fight the resort owner in court and win to get to stay there. Do the leasee's think think they will be staying at a place with open arms? Will the owner go out of their way to make the place comfortable and have full services for the leasee's? I really thing the leasee's will be staying in a hostile environment.

SXM??? Wendell


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boucharda
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Joined: 12/01/04
Posts: 2932
Loc: Massachusetts
Re: Caravanserai [Re: SXMWendell]
      #1608510 - 10/08/14 08:12 AM (76.118.193.255)

I would be a bit hostile....probably would have made more sense to play the savior card and then just double the AMF's for whatever reason. That might have gotten rid of quite a few players....making THEIR choice and not a forced hand...and it STILL may come to that

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SXMWendell
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Joined: 11/27/02
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Re: Caravanserai [Re: boucharda]
      #1608515 - 10/08/14 08:33 AM (75.11.159.130)

The new owner probably wants to get a head count of who takes the offer by year end ( thus the Nov 1 deadline). instead of waiting for a couple of years. And beginning the first of the year start the hotel promotion.

Really the hotel offer isn't too bad. Some will pay $575 for a week stay in a newer resort.

SXM??? Wendell


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RoryS
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Joined: 05/11/03
Posts: 1300
Loc: NJ
Re: Caravanserai [Re: SXMWendell]
      #1608520 - 10/08/14 09:12 AM (108.53.55.136)

How is it going to run as a hotel? Aren't all the units either studios, 1/2 Bedrooms? I guess when I hear hotel; I think a room with a bed and bath (and possibly a mini fridge). If someone bought a 2 BR unit there's no way they could get 6-8 people in a hotel room.

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mecs
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Joined: 03/02/02
Posts: 1377
Loc: PA
Re: Caravanserai [Re: RoryS]
      #1608528 - 10/08/14 09:40 AM (24.144.229.52)

You are right RoryS! We have 2 weeks in a sleep 8 Penthouse unit during low season when the kids are off school since we have 4 kids and needed to sleep all 6 of us comfortably. We only bought the timeshare unit at Caravanserai because it was complex every year to try to find a centrally located place that could accomodate our whole family comfortably for 2 weeks. Getting a "hotel unit" for the price of our maintenance fee would not even make sense. Maybe a lot of people have only 2 people and would be able to make it work, but it is worthless to us to pay our maintenance fee and not have a place to put everyone!

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San
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Joined: 03/24/01
Posts: 344
Loc: Columbus, Ohio
Re: Caravanserai [Re: mecs]
      #1608534 - 10/08/14 09:56 AM (130.132.173.232)

There are some owners who did not have an email address on file with Caravanserai. I would assume they will receive letters by mail? All notices should have been sent by registered mail and not by email since Alegria's letter could have ended up in junk or spam and never reached the intended timeshare owner. Alegria has no guarantee that any particular owner actually received their letter. Something else to consider.

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mecs
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Re: Caravanserai [Re: San]
      #1608537 - 10/08/14 10:03 AM (24.144.229.52)

You have to wonder how many people might find out simply because at some point they go to RCI to book a vacation and they have a zero point balance! RCI is going to be fielding a lot of po'd calls before people realized what Caravanserai/Alegria did!

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