landed a day later than planned but finally made it to my home resort of Caravanserai. I did the usual things like going to the grocery store, going to Pineapple Petes, the French side for dinner also. The most interesting information that I got at the resort is that the Bank were the people responsible for bringing in the new manager. He was brought here to assist Manek in running the resort since they stated that Manek did not have the skills to run the resort professionally. Also, the person from the bank indicated that Manek kicked the new manager off the property. The biggest concern from the bank is that a lot of the units were not sold in the off weeks and this has created the financial crisis for the resort. Also, the company which was doing the marketing and selling was getting almost half of the money when a condo week was sold.
At the end of the conversation, he did not come out and state it but whoever takes over the resort in the auction this week will probably charge the owners a "special levy or assessment" in order to keep their weeks ownership. Not very good news for anyone who bought into this undeveloped gem of a resort......... <img src="http://www.traveltalkonline.com/forums/images/graemlins/smashpc.gif" alt="" />