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Old 09-24-2007, 04:18 PM
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Live in a motel

a British couple live in Travelodge for 22 years. Their cost is about $30 per night

British couple's 22-year motel stop - Yahoo! News

Although I will believe TS is better living place, I guess I need to relook at my MF. After all, I am sure I don't have daily maid service. On the other hand, since the daily avg. is over 22 year, so it may need some adjustment for the inflation. Still $30 a night.

Jya-Ning
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Old 09-24-2007, 06:25 PM
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They must get along very well!!!!
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Old 09-25-2007, 01:55 AM
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Well, it says that they sometimes get rates of $30; it sounds like the rest of the time, they pay more.

Anyway, we timesharers often pay just a little more and we get suites with jacuzzis, not just a Travelodge room! (And weekly cleaning is OK by me.)

Plus, we get better views. It says this couples' room "overlooks a car park, but is also within sight of a slip road that trucks rumble down day and night, jazzing up the view."

So, how many years before I read an article about someone from here living in timeshares for years on end?
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Old 09-25-2007, 07:55 AM
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Do y'all remember Ray Harper from OY? He and his wife, Darlene lived in timeshares for 6 months at a time. They spend the summer here on Cape Cod and go to Orlando for the winter. They did this for years until Ray got to the point where he was booking double properties for the same week. Now they just don't have the energy to do it anymore.

My son and his wife lived in timeshares for nearly a year after their home burned to the ground. They were in the process of construction and found it less problem to live in a timeshare than try to rent a furnished apartment. Of course on Cape Cod it's easy to exchange off season and/or use the Interval Getaway weeks.

DH and I have thought about giving 6 months at a clip in timeshare after we retire. He'd like to stay in Greece (big surprise there; he's Greek) from December until April or May and then come back to Cape Cod.

I guess it can still be done, but I would imagine it would take quite a good bit of work to make the exchanges and Getaway, Bonus, etc., weeks in the current exchange market.

Joy
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Old 09-25-2007, 08:21 AM
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I have two six week intervals in CO that allows me to live for three months straight in a timeshare during ski season.

When they were built, they set up sort of an interval arrangement of three six week periods during ski season and a few more during the summer.

Cheers
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Old 09-25-2007, 08:32 AM
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Quote:
Originally Posted by JudyS View Post
Well, it says that they sometimes get rates of $30; it sounds like the rest of the time, they pay more.

So, how many years before I read an article about someone from here living in timeshares for years on end?
As always when the news reporter reports some number, it always very confused. It says they pay about 200,000 dollars renting room, so come about cost them as little as $30 a night, because they sometimes live in other places for holiday. Divide 200,000 by 22 years and 360 days, it is a little less than 30

If assume the cost is total over 22 years, and assume inflation is growth linearly, they probably will pay $45 a night today.

For TS, RCI exchange rate is $169 per exchange, so that is about $23 per night. So which means the MF per night needs to be less than $22. Plus they may need travel along.

As to live in TS. I know several FF owners lived in TS whole year. I think last year, some tugers get together in New York State and has one FF owners come to share the experience who I believe was said has 1 M of FF points, I have not check but I believe he also need to rent out some RCI inventories and has some other TS profile. I also know at least one non-FF owner lived in TS all year. I have not plan to do that, but I believe if strech, FF probably can get around $16 to $25 per day. Not sure about Blue Green, I thought one time I read it may be achieveable about $6 to $10 per day.

I don't plan to stay in TS for whole year at all, so I have not really think the possibility of stay in the same unit. For that couple, I believe the lady need some assisstance. So what they paid is room plus some maid plus some assistance if needed plus some friendship. Don't quite sure if TS can achive that, the TS I know are corp. business and management company will not stay there forever.

The most impressive things is that I believe one of the biggest cost in MF is the maid service. And hotel will have maid service every day. I think British's wage is at the same level to US. Does it means that hotel's management/reservation system is more cost effective than TS?

Jya-Ning
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Old 09-25-2007, 08:55 PM
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Quote:
Originally Posted by Jya-Ning View Post
As always when the news reporter reports some number, it always very confused. It says they pay about 200,000 dollars renting room, so come about cost them as little as $30 a night, because they sometimes live in other places for holiday. Divide 200,000 by 22 years and 360 days, it is a little less than 30...
Yes, I noticed that, too, but I figured this was due to inflation -- the price was probably a lot lower 22 years ago.

Quote:
Originally Posted by Jya-Ning View Post
The most impressive things is that I believe one of the biggest cost in MF is the maid service. And hotel will have maid service every day. I think British's wage is at the same level to US. Does it means that hotel's management/reservation system is more cost effective than TS?
Well, the daily cleaning of a hotel room should be a lot faster than the weekly cleaning of a timeshare. I would expect that most days, the Travelodge maid mostly just makes the bed (without replacing the sheets), vacuums a little, and wipes down the bathroom. Of course, when someone checks out of a hotel room, the room is given a more through cleaning with new sheets, but this couple is probably getting a discount for staying so long. I would expect that, with the couple staying in the same room, the sheets would be changed once a week.

With a timeshare, there is usually more cleaning involved -- there are usually multiple rooms, and kitchens can take a lot of time to clean.
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Old 09-26-2007, 03:12 AM
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Maybe this story inspired Steven Cloobeck's imagination in his excuse as to why Sunterra is closing Carlton Court in London - timesharers would rather stay in hotels when there are lots of hotel options instead of timeshares!
Now doesn't that sound like all of the timesharers you know??????????
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Old 09-26-2007, 10:01 AM
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Quote:
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timesharers would rather stay in hotels when there are lots of hotel options instead of timeshares!
I missed the Steven Cloobeck's imagination part, and I am very bad try to read some English. Maybe you can give me some example to help me understand what you try to say?

Jya-Ning
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Old 09-26-2007, 11:48 AM
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Thumbs down

Not my cup of tea!
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