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Well....
When we were with Epic....good times...until they went belly up and the resorts went to pot and service hit the crapper. It looked like Bluegreen was going to eat Epic at that point...then Sunterra showed up in some sort of last minute bid and took the company (isn't ironic Bluegreen is now being eaten?). As an owner, well, we did have low maintenance fee's prior to the buyout...but they went up considerabley when Sunterra assumed the mantle. Sunterra did improve the lot of the resorts and belive me, I was certainly happy to go from 6 resorts to a multitude. I've never had to use customer service too much (*knocks on wood*), but when I have, I found Diamonds CS superior to Sunterra's by virtue of speaking to somebody whose primary language is english. Of course my expecations of CS is low in this day and age, so my opinion most likely doesn't have a lot of worth.
And yes, I expect the BG people to get some sort of option, with a fee, to go into the Club plus a "presentation" to buy more points. From 14 resorts to something around a 100, I'm guessing most will go for the conversion. It doesn't make business sense to try and sell the people in the larger pool already for 14 more resorts.
From what I read thus far, Diamond will get another Las Vegas property (from what I hear wanted for awhile), thoroughly have Florida saturated, gets resorts where they have none and its my understanding Bluegreen owns a bit of land? Question is, where will they get the funding to build brand new resorts? IPO for Diamond anyone?
Also, considering the construction industry is a bit in the tank right now, I'm guessing they can build resorts a lot cheaper than say two or three years ago.
Edit: Bluegreen doesn't have 14 resorts, but in the nieghborhood of 45. Head cold is getting to me I think.
Last edited by Xolodno; 07-22-2008 at 05:08 PM.
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