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Re: Letter from Diamond Resorts
[Re: wabid]
#165477
07/10/2018 01:23 PM
07/10/2018 01:23 PM
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Joined: Aug 2000
Posts: 82,875 Central Florida!
Carol_Hill
Traveler
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Traveler
Joined: Aug 2000
Posts: 82,875
Central Florida!
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I have no inside information at all about what their motives are, but I mistrust them. I actually don't think they intend to abandon or sell the properties, but I think they have other motivations. Which I think specifically include getting rid of a bunch of timeshare weeks and being able to rent out as a hotel more. With regard to Royal Palm in particular, they want to get rid of the people running the restaurant, which they have been trying to do for YEARS, and they want to get rid of the whole owners. And again, I have ZERO information that my position is correct, but it makes sense to me. Much more sense than not being able to reopen until 2020...
Carol Hill
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