Sirwalterraleigh
Premium Member
Fair point.I agree in theory, but this really requires some analysis of what you think Beach Club hotel cash prices will look like over the next 20 years. It's possible a $150/point buy-in still reflects a discount over cash rates for the next 20 years. Enough of a discount? I dunno, I haven't done the math. But I can follow the logic here, as long as the person buying Beach Club uses all their points at Beach Club only.
I also think there's some value in being completely rid of a timeshare with ballooning annual maintenance fees in 20 years, with no obligations remaining to the owner.
but a lot of the recent DVC assumption is there is no ceiling on rack rates…
“it’s $800 now…pretty soon it will be $1600”
hotels won’t operate with that kinda free reign. At some point…those that are thrilled with them won’t be able to afford them and those that can afford will be total turned off by the lack of services.