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Ocean Club is under new ownership

Posted By: DonLinda

Ocean Club is under new ownership - 12/26/2016 09:11 PM

Barbara sold it to Eric Loor who lives on the Island.

Owner Intro Letter (.pdf)
Posted By: JoeD1949

Re: Ocean Club is under new ownership - 12/27/2016 04:18 PM

How does that work? Isn't that a timeshare? What exactly is he the owner of? When we stayed there it was through an RCI exchange.
Posted By: DonLinda

Re: Ocean Club is under new ownership - 12/27/2016 06:25 PM

It is a "membership" timeshare and was/is affiliated with RCI. We booked there for a weeks RCI in 2003 and bought into a 99 year lease which had a separate membership in RCI (points).

When we dropped out of RCI a few years ago, the deal remained as a membership for weeks 23 and 24 with the OC only, no RCI involved. So, it is a timeshare with maintenance fees but it is based on the 99 year membership lease.

We are not returning for health reasons and have notified OC that we are giving up our membership. No penalties.
Posted By: MamaB

Re: Ocean Club is under new ownership - 12/27/2016 07:15 PM

Don and Linda- I'm so sorry that you won't be returning to the island you love so much. I especially enjoyed your trip reports over the years. Best wishes for the future.
Posted By: pat

Re: Ocean Club is under new ownership - 12/27/2016 07:38 PM

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MamaB said:
Don and Linda- I'm so sorry that you won't be returning to the island you love so much. I especially enjoyed your trip reports over the years. Best wishes for the future.


Agree absolutely with this post and likewise will miss your wonderful trip recaps. Sincerely hoping the health issues resolve themselves and things will get better for both of you. Again, thank you for all the past island input you've so generously shared over the years. <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" />
Posted By: jazzgal

Re: Ocean Club is under new ownership - 12/27/2016 08:43 PM

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DonLinda said:
We are not returning for health reasons and have notified OC that we are giving up our membership. No penalties.


<img src="http://www.traveltalkonline.com/forums/images/graemlins/cry.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/cry.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/cry.gif" alt="" />

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