Quote:
Originally Posted by BocaBum99
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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I could be wrong but it looks like DRI is moving towards two tiers within their own resorts. At Fall Creek in Brason, at least one building has "deluxe" units. These require addtional points over the standard units to reserve. In this way DRI is allowing current owners happy with standard units to remain in standard units while offering those of us who enjoy higher quality furnishings the choice of booking and paying for the higher quality.
What I'm wondering now is will DRI build only "deluxe" units and attempt to maintain the standard units or will they continue to build both? I was hoping to see additional construction at Fall Creek this year as it appeared there were lots for 3 additional buildings but, when we were there a couple of weeks ago there was no new construction activity. With DRI making a big on Bluegreen and the fact Bluegreen has added new buildings to Falls Village, this could be why. I would suppose that a company would not want to many unsold units between several resorts to maintain.