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DebNLena
Traveler


Joined: 11/10/11
Posts: 166
Loc: Northern Virgina
Re: Does Anyone have the full text of the email? [Re: mecs]
      #1608186 - 10/05/14 10:22 PM (72.66.3.194)

If you read the RCI Disclosure Document it may be that RCI suspended its program at Caravanserai because of the foreclosure. Just a thought.

22. Withdrawal of Benefits Due To Condition or
Conduct of Resort.
RCI may withdraw any or all benefits from the Program.
iii. the Resort or other Inventory provider is the
subject of a foreclosure suit, or the subject of a motion or
other proceeding to place it under the control of a
receiver, mortgagee in possession or bankruptcy trustee;


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mecs
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Joined: 03/02/02
Posts: 1377
Loc: PA
Re: Does Anyone have the full text of the email? [Re: DebNLena]
      #1608188 - 10/05/14 11:07 PM (24.144.229.52)

But the same people acting as endless vacation last year selling timeshares were the same people there last month. And according to RcI as of today I am confirmed for 2 weeks at Caravanserai for next summer. I confirmed those last month after the auction. So RcI has still been acting as if they have a relationship with Caravanserai and they got my booking fees for confirming my unit. So if they knew of the problem and continued to allow bookings at caravanserai that is not ok.

Edited by mecs (10/05/14 11:12 PM)


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DebNLena
Traveler


Joined: 11/10/11
Posts: 166
Loc: Northern Virgina
Re: Does Anyone have the full text of the email? [Re: mecs]
      #1608189 - 10/05/14 11:20 PM (72.66.3.194)

What A Mess!!!!

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Todd
Traveler


Joined: 03/05/04
Posts: 3673
Loc: Vancouver, WA
Re: Does Anyone have the full text of the email? [Re: DebNLena]
      #1608190 - 10/05/14 11:36 PM (76.27.250.153)

There is three units up for sale on Ebay if anybody is interested!

It is a mess, and has been a mess for a few years. I hope this week something positive breaks. It really could be a great resort.

Cheers,
Todd


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boucharda
Traveler


Joined: 12/01/04
Posts: 2951
Loc: Massachusetts
Re: Caravanserai now Alegria [Re: CindyO]
      #1608207 - 10/06/14 07:27 AM (76.118.193.255)

I don't know if yesterday's editorial in The Daily Herald was posted but here it is:

Alegria

...and another one from today's Herald: Alegria #2



Edited by boucharda (10/06/14 07:30 AM)


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BeachKitten
Traveler


Joined: 11/01/09
Posts: 1449
Loc: Maryland/DC Metro
Re: Caravanserai now Alegria [Re: boucharda]
      #1608211 - 10/06/14 07:54 AM (96.255.38.77)

I like the last paragraph of the article. Hopefully the PTB pay attention.

"It's been said before: "The Friendly Island" must be very careful about the message it is sending to both existing and potential clients as a place where one can invest safely. After problems at several other resorts in recent years the destination can ill afford that these types of undesirable situations keep occurring."

--------------------
"It is good to do nothing all day, and then to rest" ;)



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Christopher56
Traveler


Joined: 01/01/12
Posts: 10
Re: Caravanserai now Alegria [Re: BeachKitten]
      #1608233 - 10/06/14 10:50 AM (24.151.23.170)

How do you get into this group? Would love to be part of the discussion. Per the news article "A designated FaceBook community page was established the next day "to compare notes and help each other during the coming transition."

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mecs
Traveler


Joined: 03/02/02
Posts: 1377
Loc: PA
Re: Caravanserai now Alegria [Re: Christopher56]
      #1608235 - 10/06/14 11:01 AM (24.144.229.52)

The Facebook page is called caravanseraitimeshareowners. All one word. I found it on Jeff Bergers Facebook page or just search Facebook with that long name.

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VitaMan
Traveler


Joined: 07/25/08
Posts: 185
Re: Caravanserai now Alegria [Re: mecs]
      #1608252 - 10/06/14 12:25 PM (71.61.208.139)

I don't have an axe to grind in this issue and to no one in particular, I did want to make a couple of comments. First, I know absolutely nothing about standard timeshare agreements, but I would expect there to be a "successors and assigns" provision in the contract. If so, then Alegria would be bound by that provision to honor the pre-existing agreements. If not, then all bets are off.
Second, I believe it was Sharon who stated that Alegria way overpaid for the property. Given all the entanglements surrounding the operation of the resort and its continued sustainability, I would agree...UNLESS Alegria in its due diligence determined that their was no enforceable survivorship of rights and/or entered into some sort of "understanding" with the government.
Third, had Scotiabank failed to find a buyer, as badly and unprofitably as the resort had been operated by Kildare, it was destined to eventually fail altogether and be shut down permanently to the detriment of all parties involved. So the real question becomes whether or not the island is better served having a new owner to possibly realize the propert's potential, or have a white elephant to sit and decay.
Personally, with an investment of $14 million, I hope Alegria succeeds (even though I hate the name) and becomes one of the gems of the island, attracting old and new visitors alike. To the t/s "owners", I think you each individually have to decide at what point do you stop throwing good money after bad. There have always been to be more red flags with this property than a Soviet parade, so when do you just admit it was a bad investment and finally walk away?
I await your slings and arrows.

--------------------
If life dealt you a full house, don't complain you didn't get a royal flush.


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Computerwise
Traveler


Joined: 11/11/04
Posts: 140
Re: Caravanserai now Alegria [Re: mecs]
      #1608253 - 10/06/14 12:25 PM (24.189.62.56)

You all have the power to get this changed. BOYCOTT the new place, don't pay them another dime, blast them on Hotels.com, expedia, priceline, orbitz and especially Facebook..Better yet have your Facebook group contact these major online reservations services not to accept taking reservations to Alegria..

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