timesharebeat rumours on starwood - Timeshare Users Group Bulletin Boards

Timeshare Users Group Bulletin Boards

Hotel-based Timeshare Systems

timesharebeat rumours on starwood

BBS Home > Hotel-based Timeshare Systems

next newest topic | next oldest topic

Author	Topic: timesharebeat rumours on starwood
sfbenning TUG Member Posts: 106 From: San Francisco, CA USA. Own : Westin Ka'anapali, Sea Ranch CA Registered: May 2003	posted 08-09-2004 10:36 From Street Talk... "Is there any truth to the rumor that Raintree Resorts is out of the picture in Mexico as of Jan.1, '05? And that Starwood will take over of all their properties in MEXICO to start Starwood Vacation Club points in a big way in Mexico? Raintree has reportedly been having financial difficulties for some time, and rumors are rife that not only have they not paid anything on their $140 million loan but that they stopped paying intrerest as of 3 months ago. Any there there? With no inventory left in the 3 Reginas, what have they been selling? There are increasing complaints from owners who can't get back into Cabo..." ------------------ Shelley IP: Logged
stevens397 TUG Member Posts: 237 From: Randolph, NJ, Owner: Westin Kierland Villas, Marriott Fairway Villas Registered: Dec 2002	posted 08-09-2004 17:58 I hope so! Anyone from StarwoodVO who can confirm or deny? IP: Logged
dbmMayer TUG Member Posts: 1955 From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis Registered: Jul 2003	posted 08-09-2004 18:38 quote: Originally posted by sfbenning: And that Starwood will take over of all their properties in MEXICO to start Starwood Vacation Club points in a big way in Mexico? I have never heard of Starwood Vacation Club Points - is that something new or is this writer talking about StarOptions? ------------------ Denise IP: Logged
aiseri TUG Member Posts: 254 From: Orange, Cal. Hilton Hawaii Village P.Bon. Emerald Bay* * Grand Pacific Pali- sades Carlsbad, Ca * * Club Regina, Puerto Vallarta and Cabo* Registered: Dec 2001	posted 08-09-2004 20:24 I heard the same rumor in January of this year. I think I posted a note on the Mexico BBS about this, but I can't find it and there were no responses to my posting. ------------------ Allen and Patti Iseri IP: Logged
deniselew1 TUG Member Posts: 587 From: San Jose, CA USA Own at Westin Ka'anapali Registered: Aug 2003	posted 08-09-2004 22:30 If something like this is true, doesn't that mean that there will potentially be a ton more Starwood owners (if Starwood invited the owners there to join SVN) competing for all the spots we want to go on vacation? Or is this seen as a good thing because these locations are top spots and five-star resorts? IP: Logged
sfbenning TUG Member Posts: 106 From: San Francisco, CA USA. Own : Westin Ka'anapali, Sea Ranch CA Registered: May 2003	posted 08-09-2004 22:46 I think the resorts (Cabo, Cancun, and PV) are fairly well regarded. I seem to remember that people REALLY like the resort at Cabo. (For what it's worth, TUG ratings for Cabo and PV are over 9.0 and Cancun is like an 8.33, so decent ratings). I don't know that current owners of those resorts would be given SVN status, the resorts may not be mandatory, etc. etc. How did Starwood treat the owners at Vistana and Sheraton Oasis when they took over those resorts? That may provide some clues. It may also be that the starpoints that would be potentially assigned to these units would not always "pull" the very desireable Maui, Harborside, Kierland, etc. resorts. So competition at the 8 month mark in the SVN network might not get too awful. Who knows. It should be fun to watch! http://raintreeresorts.com/ There is also a Raintree fractional development in Jackson Hole WY. I guess I'm hopeful about this....... easy and cheap to reach from the West Coast and will add more variety to our choices of places to go.... ------------------ Shelley [This message has been edited by sfbenning (edited 08-09-2004).] IP: Logged
deniselew1 TUG Member Posts: 587 From: San Jose, CA USA Own at Westin Ka'anapali Registered: Aug 2003	posted 08-10-2004 09:58 Shelley, thanks for the information! I guess that this would be a positive acquisition then. IP: Logged
aztoad Non Member Posts: 21 From: Phoenix, AZ, USA Registered: Aug 2001	posted 08-10-2004 10:11 Shelly, You were wondering how did Sheraton treat owners at SDO? Well, let me put it this way. When I was offered the option to buy into Star Options, I said no way. They wanted me to pay more money for a timeshare I already purchased, so they could give me the abililty to have star option points that were not enough to trade into my own unit!! Now that sounds fair!! Nothing sounded right, so to this day, I own a Sheraton Resort, but unfortunately (or is it fortunately) I can't trade under star options. They tried to convince me that people were paying more for the same timeshare, so they couldn't offer the same points, and I said that's what equity is all about. I understand charging a fee, but if you offer me points that I can't even trade in to my own resort, that's robbery. I'm sure there are many Pre-Sheraton Desert Oasis folks like me, who did not switch. If they called me and offered me what my unit is worth (per the Star Options chart), then I would have to really consider it. But I know that will probably never happen. I'm happy regardless though. Now the big question I have to ask myself in the upcoming year is to stay with RCI, or give II a try... IP: Logged
dbmMayer TUG Member Posts: 1955 From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis Registered: Jul 2003	posted 08-10-2004 13:01 quote: Originally posted by sfbenning: It may also be that the starpoints that would be potentially assigned to these units would not always "pull" the very desireable Maui, Harborside, Kierland, etc. resorts. I am pretty sure they wouldn't give existing owners Starpoints - do you mean StarOptions? ------------------ Denise IP: Logged
sfbenning TUG Member Posts: 106 From: San Francisco, CA USA. Own : Westin Ka'anapali, Sea Ranch CA Registered: May 2003	posted 08-10-2004 14:09 Yes, I mean StarOptions.... Thanks for the info above about Sheraton Oasis.... ------------------ Shelley IP: Logged
Art TUG Member Posts: 988 From: Grand Island, NY Registered: Dec 2000	posted 08-10-2004 16:40 aztoad is correct. I am another SDO owner that thought the chance to spend more money to degrade my ownership was nonsense. As an original owner, I can use the resort any week of the year as opposed to being limited to the off-season as is effectively the case with those with the same number of staroptions that I was offered. About all it has done has depress the resale value of the original weeks because they cannot be converted to staroptions, except by the original owner. If anything, the value should be enhanced because of the ability to use them year round. Art [This message has been edited by Art (edited 08-10-2004).] IP: Logged
sfbenning TUG Member Posts: 106 From: San Francisco, CA USA. Own : Westin Ka'anapali, Sea Ranch CA Registered: May 2003	posted 08-27-2004 12:06 Just another Starwood rumour update from today's Timesharebeat Street Talk: one on Vegas and one on Mexico... "LAS VEGAS: Here's the BIG RUMOR of the year: There will be NO Starwood timeshare at the former Aladdin (soon to be Planet Hollywood) as has been reported all along by everyone, including us. Sources say the timeshare there will instead be designed, developed, sold and managed by... WESTGATE RESORTS! If this humongous rumor is true, this would no doubt be Westgate's flagship resort. (We had heard that Westgate planned a tower with 1000 units in Vegas, but couldn't find out where. Could this be it?) Imagine such a huge resort directly across the street from Marriott's Chateau, and down the block from Fairfield's Grand Desert! The world's only single street with THREE resorts that will each have billion-dollar sellouts?" And, "Rumor continues to insist, by the way, that Starwood's deal to take over Raintree Resorts' Mexican properties (Club Regina, et al) is serious as a heart attack. If it's true that Starwood bought Raintree's paper and Raintree hasn't been paying, well..." Cheers, ------------------ Shelley IP: Logged
roverjohn TUG Member Posts: 106 From: Burlingame, California USA Registered: Jul 2001	posted 08-27-2004 22:41 As a Club Regina/RVC owner, and someone who love the Mexico resorts, I hope the rumor that Starwood is taking over RVC/Raintree will offer me and other owners of Club Regina some very worthwihile benefits. I guess it is best to just sit back and wait, helpless as always. ------------------ RoverJohn IP: Logged
nboyle Non Member Posts: 6 From: Registered: Aug 2004	posted 08-29-2004 11:20 When speaking to the sales person this past week (I'm considering a purchase into Maui), she mentioned that they were likely going to add a property in Cancun. IP: Logged
ufollow2 TUG Member Posts: 9 From: Gig Harbor, Washington USA Registered: Feb 2001	posted 08-31-2004 23:46 [QUOTE]Originally posted by sfbenning: [B]Just another Starwood rumour update from today's Timesharebeat Street Talk: one on Vegas and one on Mexico... "LAS VEGAS: Here's the BIG RUMOR of the year: There will be NO Starwood timeshare at the former Aladdin (soon to be Planet Hollywood) as has been reported all along by everyone, including us. Sources say the timeshare there will instead be designed, developed, sold and managed by... WESTGATE RESORTS! My husband and I just returned from Palm Desert and listen to a starwood timeshare presentation on August 28, 2004 at 3:00pm, We were told that Starwood just bought the Aladdin and WOULD be taking it over. IP: Logged
rfb813 TUG Member Posts: 208 From: Valrico, FL, USA Registered: Jul 2003	posted 09-01-2004 05:27 Starwood is part of the investment group that bought the Aladdin and will rename the hotel the Sheraton Planet Hollywood. Starwood is the operating entity for the group. The question of the timeshare development has been rumoured or some time since the property has space for and approval for timeshare. The first rumour was that Starwood would build a Westin timeshare on the property. However since the original Westgate proposal for a timeshare resort at a different location was not approved it may be that Westgate has offered big bucks for the Aladdin site and the investment group may accept to reduce their costs. As of now nothing has been announced. ------------------ SBC II, Shell Island Beach Club, Marriott Mountainside, Marriott Grand Vista, Topsider I, Freeport Resort and Club, HGVC at Las Vegas Hilton, Vistana Resort IP: Logged

All times are in Pacific Timezone	next newest topic \| next oldest topic
Administrative Options: Close Topic \| Archive/Move \| Delete Topic
	Hop to:

Contact Us | TUG Home | Privacy Statement

Copyright Timeshare User's Group - BBS Script customized by Laurence Chan lcc_home@hotmail.com
The Timeshare Users Group (TUG) makes no representations or warranties with respect to the use of the TUG bulletin boards, or their contents and further makes no representations with respect to the results that may be obtained from information on the BBS. The Timeshare Users Group shall not be liable for any damage or loss of any type arising from such use or content, and reserves the right to remove any posting on the bulletin boards. The bulletin boards are intended for use by Timeshare Users Group members, Non member postings are welcome. Advertising is not permitted on the BBS, TUG provides other areas on this web site for advertising. Any messages that are deemed as advertising will be deleted. Please read the full TUG BBS Usage agreement located in the FAQ. By using the BBS you accept and agree with the above statements. If you do not agree please return to the TUG Home Page