Author
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Topic: Club Regina Cabo
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calpoke TUG MemberPosts: 6 From: Los Altos, CA, USA Registered: Feb 2003
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posted 02-19-2005 11:12
We are thinking about purchasing a unit at Club Regina in Cabo and could use a little help. We are leaning towards Club Regina because of the multi-resort and floating week options it provides. Are there any gotchas we should know about, or are there any better options out there for Mexican resorts? Also, what would be considered a good price for a Club Regina Cabo 2br unit? Thanks!IP: Logged |
Daverock TUG MemberPosts: 425 From: New York Registered: Dec 2000
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posted 02-19-2005 19:53
Several weeks ago there was on Ebay several auctions of a Club Regina Cabo week. In Mexico you are not deeded only have a RTU (right to use) which I believe expired in 2027. Both weeks went for around $5K if memory serves me correct. The mf shocked me as they were as high or higher than good american resorts...around $600.IMHO it might make more sense to purchase, for the same amount of money, a good USA trader and then trade in when you want to go. The benefit is that its deeded and if its a good trader will outtrade most Mexican ts. I know of folks who have used SA weeks to trade into Club Regina by putting in an ongoing search well in advance. I am always suspicous of the Mexican mf's. With labor and materials so much cheaper in Mexico, how come their mf's are the same as in the USA. I would have imaged them to be much less. Good Luck, Dave IP: Logged |
roverjohn TUG MemberPosts: 109 From: Burlingame, California USA Registered: Jul 2001
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posted 02-19-2005 20:59
In a posting on another board, Dave gave me great advice. But in terms of Club Regina, I think there is another side. Yes, MFs are high, but if you purchase resale and can find an older (expires 2027) you will not have to pay the RVC charge of $165 or so. And a two bedroom is preferable. I have a two bedroom prime time that we split - we get a one bedroom that we use in PV in December, and a one bedroom we use in select season in May in Cabo. Both resorts are superior. As Daverock said to me on that other board, don't buy unless you will use it. Club Regina does not trade well at all; probably very poorly. But if you are going to use it, I believe you will love it and Mexico. The Cabo resort is stunningly beautiful; Puerto Vallarta is a great town.------------------ RoverJohn IP: Logged |
snelson TUG VolunteerPosts: 6581 From: Belly-View, WA. Owner: Embassy Poipu (floating); Winners Circle (Week 52), Raintree Vacation Club; Club Regina Registered: Dec 2000
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posted 02-19-2005 21:38
Other Club Regina/Raintree owners may want to chime in on this add their thoughts and corrections.The first decision you need to make is whether you want to be part of just Club Regina, or if you want to be part of Raintree Vacation Club. CR only gets you into the three CR resorts. RVC membership can get you into any of the RVC resorts. If the other RVC resorts are in areas you are interested in, that may be a good option (it was for us). If you do buy CR, there will be an earlier expiration date on the right to use. You will only be able to use at the three CR resorts. You will not have an option to upgrade off season or downgrade in peak season. Be aware of what season you are buying and what size you are buying. Be sure to check all information with CR before you buy. Many owners really don't have any idea what they own; never trust what an existing owner might tell you about the ownership. Not all CR memberships expire in 2027. Some of them expire in 2036. The CR program went through several owners and phases as it was being developed, and ownership rights vary depending on what the rules were at the time the original purchase was made. As I mentioned, if you own RVC you can reserve in any RVC resort, subject to availability. RVC works on a quasi-point system. There are different levels of ownership, named after different precious metals or jewels. The higher your ownership, the more desirable reservation you can can make. In RVC you can also split your usage following certain forumulas. We can split our platinum, for example, into a gold and a silver. So we can get two weeks of usage from our ownership. Some of the RVC properties, such as the Whiski Jack properties in Whistler, are deeded properties. And most of the Whiski Jack properties have not been converted to RVC. Club Regina/Raintree is one of the most complicated multi-resort programs around. As I stated earlier, many owners often do not really know what they own and what their rights are. The Club Regina and Raintree names tend to get used interchangeably and in correspondence. So many people who own unconverted CR memberships think they are actually part of Raintree and will market their units that way. Similarly, many people who bought at Club Regina after it became part of RVC (and hence bought RVC memberships, not CR memberships) list their ownerships as being CR ownerships. I'm sure this is more than you wanted to know, but care is important when buying into CR. If you're not careful you could wind up buying something very different from what you think you bought. On the other hand, if you know what you are doing, you can rummage around and find good deals from people who don't know what they own, are frustrated, and just want to get out. ===== Added note: If you do decide to buy RVC, I don't think it's worth owning anything less than platinum level. You can split the platinum into a gold and a silver and still get a nice unit in peak season with the gold. You can then rent the silver; if you make a good reservation with the silver, you can recover most of you annual fee by renting the silver. The difference in cost between gold and platinum is small enough to make it worthwhile to split and rent. The platinum is also useful if you might need a two-bedroom unit in peak season. ------------------ Steve Nelson [This message has been edited by snelson (edited 02-19-2005).] IP: Logged |
geoand TUG MemberPosts: 802 From: Bothell, WA, USA Registered: Apr 2001
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posted 02-19-2005 22:24
We are RVC members. When we paid our fee to join, our whiskijack unit was a saphire unit. Our unit was upgraded by RVC to emerald. We did not pay anything to get this upgrade. It just happened. When I look at the chart, I see that I can get 2 weeks full 2 bedroom units of PV, Cabo, Cancun, etc in January or February. I still have trade value left over for smaller units in the RVC system.From what I have read over the past few years, having the Mexico units and trying to get the same value as my whiskijack unit does not work, ------------------ geo IP: Logged |
Lynda TUG MemberPosts: 1001 From: NH-- La Vista, SXM; Westin Club Regina, P V; Sudwala Lodge, SA; La Cabana, Aruba; Caribbean Palm Village, Aruba Registered: Dec 2000
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posted 02-20-2005 05:36
If you are patient you will find some reasonable deals. Ebay is a great place to look. I bought a one bedroom float week 1-50 EOY (which is what I wanted) for just over $1,200. Also, keep in mind that if you decide to just trade in they do have a 1 in 4 rule, but it is waived for owners. I have never been but head to PV next week and am so excited. I traded in with an SA week but actually own an even year week which I rent out. LyndaIP: Logged |
snelson TUG VolunteerPosts: 6581 From: Belly-View, WA. Owner: Embassy Poipu (floating); Winners Circle (Week 52), Raintree Vacation Club; Club Regina Registered: Dec 2000
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posted 02-20-2005 13:55
quote: Originally posted by geoand: We are RVC members. When we paid our fee to join, our whiskijack unit was a saphire unit. Our unit was upgraded by RVC to emerald. We did not pay anything to get this upgrade. It just happened. When I look at the chart, I see that I can get 2 weeks full 2 bedroom units of PV, Cabo, Cancun, etc in January or February. I still have trade value left over for smaller units in the RVC system.
A couple of years ago RVC decided that they weren't getting enough WJ owners to convert to RVC, so they boosted the value of all WJ units by one level. Personally, if I were looking for a membership level higher than platinum, I would carefully consider buying a Whiski Jack week with that level. Having a deeded week appeals to me, and I suspect the overall cost would be less as well. Or, stated differently, I wouldn't be willing to pay as much for a Mexico-based sapphire or emerald week as I would for WJ week at that level. ------------------ Steve Nelson IP: Logged |
terrys TUG MemberPosts: 111 From: Mitchell, SD Registered: Dec 2000
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posted 03-05-2005 18:27
There are some great resorts in Cabo, my problem with the Westin is its distance from both San Jose and Cabo. I like many others and the trading value should be comparable. There are many good values on all both here in classifieds and on Redweek.com. Any other thoughts out there?IP: Logged |
aroy11462 Non MemberPosts: 1 From: San Jose, CA Registered: Apr 2005
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posted 04-19-2005 15:06
I was wondering if any of you could help me out. I had a question about the post discussing the trade value of Club Regina. My wife and I were at Club Regina and loved it. We bought a platinum level membership, but decided to cancel when we got home. We knew nothing about the process when we bought. I decided I wanted to do some research and see what is available in the resale market. Any way in the post above it mentions that Club Regina does not trade well. Our primary interest was in visiting the Club Regina and Raintree resorts. They all look really nice and we were impressed with the service. I think we would be happy as long as we had priority getting into the resorts in the RVC/RC umbrella. Does buying in Club Regina give us priority over others in the RCI points system? Do you think we would be better off buying at Club Regina or buying a resort based on RCI points, such as something in South Africa or Arkansas, that would give us maximum points per $ to trade into RVC/RC, while also giving us the flexibility to get into other RCI resorts. Thanks for your help.Amit Amitroy1@gmail.com ------------------ Amit
[This message has been edited by aroy11462 (edited 04-19-2005).] IP: Logged |
Karen G Moderator TUG VolunteerPosts: 2976 From: Bellevue, WA; own in New York, Hawaii, Mexico, South Africa, Texas (RCI Pts.) Registered: Dec 2000
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posted 04-19-2005 17:14
Amit, welcome to TUG. You did the right thing by rescinding your purchase from the developer if you weren't completely sure it was right for you. Resale is a great way to go. Read all you can on TUG and ask a lot of questions.Hopefully someone with the answers about Club Regina will post soon. Generally, if you intend to go to a particular resort most of the time, it's best to own there. If you think you might want to exchange most of the time, Mexico is probably not the best place to buy. On your question about RCI points--South Africa resorts are not in the RCI points system, but if you own an RCI-points resort you can deposit other weeks (such as South Africa) into your points account under the Points-for-Deposit program. I own a blue week in a Texas points resort and have deposited all my South Africa weeks into that points account. So far, it has worked well, but there's no guarantee as to how long that program will be in effect. IP: Logged |
geoand TUG MemberPosts: 802 From: Bothell, WA, USA Registered: Apr 2001
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posted 04-19-2005 18:22
I own 2br whiskijack unit week 7. I traded it thru RVC for 2br unit at PV for last week in January 06 and first week in Feb 06. From what I have seen, the whiskijack units are the are less expensive than most of the other RVC resorts but get much more value within RVC. Have never tried to trade outside of RVC.------------------ geo IP: Logged |
DonnaD TUG MemberPosts: 268 From: Massillon, Ohio, USA Registered: Dec 2000
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posted 04-19-2005 19:42
We bought a Club Regina membership and then upgraded to Raintree. We have a sapphire membership which we use as 2 weeks in 1 bdrm. in prime season (Jan-Feb) when it is cold in Ohio. We then use our silver week in select season as a 1 bdrm. It is great for Fall or Spring. We love Mexico and we visit the 3 main Club Regina resorts as our main vacations. We have also purchased cheap weeks through Ice Gallery and RCI extra vacations to extend our stays. Timing works well with our business and our climate.I see that you live in California. You might check for resales in San Diego or San Francisco, Tahoe, etc. that might be good traders and have a resort that you can drive to. then you can trade, rent or use a resort closer to you. On RCI extra vacations, I just rented a week of "Extra Vacations" at Mayan Palace in Nuevo Vallarta in October for $230/wk. for a 1-bdrm. We will use our silver week at PV Club Regina and then go to NV for 2nd week. While the maintenance fees appear high, we get 3 weeks for our $805/yr. maintenance fee. Raintree has it tipped in favor of lower fees per week as you buy a higher level membership. You should also know that the Club Regina resorts may be taken over by Starwood in the near future. It would be agood thing because they have more resorts but none in Mexico. We will have to wait and see what develops. Hope this info helps you. We love our Club Regina resorts and find our vacations wonderful.
------------------ DonnaD. IP: Logged |
snelson TUG VolunteerPosts: 6581 From: Belly-View, WA. Owner: Embassy Poipu (floating); Winners Circle (Week 52), Raintree Vacation Club; Club Regina Registered: Dec 2000
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posted 04-19-2005 22:17
quote: Originally posted by aroy11462: … We bought a platinum level membership, but decided to cancel when we got home. We knew nothing about the process when we bought. I decided I wanted to do some research and see what is available in the resale market. Any way in the post above it mentions that Club Regina does not trade well. Our primary interest was in visiting the Club Regina and Raintree resorts. …
Club Regina/Raintree Vacation Club is probably the most complicated timeshare ownership program in existence. You were wise to rescind so that you can be sure that you get what will best fit your circumstances. The program started as Club Regina with the three Club Regina resorts in Mexico. There are many of these Club Regina memberships around. They generally are good for a certain size unit during certain specific reservation periods. The specific details of these memberships (expiration year, cost of guest certificates,etc) varies depending on when the membership was originally sold. These memberships are nice for using in CR, but are bad traders in RCI. You don't get to pick the week to deposit with RCI, and CR saves the best weeks for owner usage and gives RCI crappy weeks. So CR weeks don't trade well in RCI. Then there are the Whiski Jack units in Canada. Most of these were sold before Whiski Jace became part of Raintree. These units sell as Whiski Jack units with no Raintree privileges, unless the owners have converted to Raintree. Whiski Jack units are pretty good traders, particularly the fixed week units because those are prime time units. I have no information on how Raintree memberships trade within RCI. Someone else will have to chime in on that question. The last type of membership to be aware of "Raintree Vacation Club, powered by RCI Points". With this type of membership, your RVC membership trades through RCI points. You know how many points you can get if you go into RCI, and that tells you exactly what your trade value is. ------------------ Steve Nelson IP: Logged |
jbuzzy11 TUG MemberPosts: 608 From: New York Own - Foxrun NC Wks 16, 45 &46, SilverSands SA, Royal Caribbean wks 3&4 Registered: Sep 2002
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posted 04-20-2005 17:17
we "WERE" owners at CR and Raintree, I loved the Cancun resort but the fees just kept going up, we had a studio and the MF was about $430 when I sold it! when I deposited I had to go through RCI/Raintree and I was not aloud to do any searching on my own, I had to call and ask what they had in cancun or anywhere else. We had some great times at CR in cancun but we were driven away by greed, I would love to go back some day but hell, if I cant the royals are right down the road!!IP: Logged | |