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Doug,
I echo your thoughts. I think it will take a while before the Clubs can or will be merged. I do think they will remain distinct.... just like Fairfield and WorldMark are still distinct.
I agree that Sunterra resorts have higher quality furnishings from Bluegreen on average. Either they can be brought up to a higher standard with higher resulting fees. Or, there could be 2 tiers of product in a portfolio. Some timeshare resorts like Raintree does this and they upgrade owners through the course of their lives to higher quality products. Time will tell.
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