I wonder how accurate that is. I don't have DRI points but I own at a DRI managed resort. I own a 2 bedroom that's probably better than "average" yet my MF are way less. I pay about $700 or so per week of use.
This was posted on one of the DRI facebook pages awahile ago, I found it interesting at least!
Would be interesting to also the other name brands to this list (HGVC, Marriott, Sheraton etc.) as well.
IMO, You should asked him the detail before posting it to avoid speculation on how he did that. I have some detail about how he did it but I will not post it without his permission because he didn't post the detail on FB but only sent it to me and may be others.
Here is an update for 2017 of the comparisons. This year the conversion factors are obtained from Diamond's Club Combinations valuations (except Welk Resorts). Fees for the non-Diamond systems are trust fund fees (not deeds) for the respective systems.
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It would be interesting to see the list of resort that you used for the comparison of each brand.Here is an update for 2017 of the comparisons. This year the conversion factors are obtained from Diamond's Club Combinations valuations (except Welk Resorts). Fees for the non-Diamond systems are trust fund fees (not deeds) for the respective systems.
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It depends of the resort you compare. Each year I compare the 2 DRI Hawaii resort with their equivalent MVC resorts and DRI (HI Collection) is much cheaper most of weeks. Here is my 2017 comparison tableI'm glad to see the comparison to MVC on this chart. As I suspected from our ownership, DRI is nearly as expensive as MVC and, what's worse IMHO, MVC puts a couple hundred dollars more into the cash reserves than DRI. If MVC put as little into cash reserves as DRI, they'd likely be even. Plus, DRI didn't have the quality or the quality of location in most destinations that MVC has, which is why we kept MVC and got rid of DRI. Both are very expensive systems to own but the quality or resort difference was, IMHO, staggering.
It would be interesting if HGVC was included in the matrix. I suspect people would discover what a value HGVC's system is compared to others in both price and value, except it just doesn't have the multiple location of many other systems.
At regular cost, DRI is very expensive. The other brands, do they have discounted week like DRI (59 days and less @ 50% and many discount 25%-75% at many resorts during low season). At this moment, you can book a 2 bedroom at Polo Tower at 50% any week from today to mid November and at 75% off in May. Using those discounted weeks, you reduce a lot the cost of DRI.Here is an update for 2017 of the comparisons. This year the conversion factors are obtained from Diamond's Club Combinations valuations (except Welk Resorts). Fees for the non-Diamond systems are trust fund fees (not deeds) for the respective systems.
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I'm glad to see the comparison to MVC on this chart. As I suspected from our ownership, DRI is nearly as expensive as MVC and, what's worse IMHO, MVC puts a couple hundred dollars more into the cash reserves than DRI. If MVC put as little into cash reserves as DRI, they'd likely be even. Plus, DRI didn't have the quality or the quality of location in most destinations that MVC has, which is why we kept MVC and got rid of DRI. Both are very expensive systems to own but the quality or resort difference was, IMHO, staggering.
It would be interesting if HGVC was included in the matrix. I suspect people would discover what a value HGVC's system is compared to others in both price and value, except it just doesn't have the multiple location of many other systems.
Also, the other problem comparing hybrid system (Hilton, VSE, Hyatt, Marriott's enrolled weeks, ...) with trust points is that the MF at a resort is the same whatever the season like any deeded week but not the number of point you will get depending of the season. Example, with Hyatt, the difference between the lowest season (Mountain) and the highest season (Diamond) is 10x points for the same MF. After Mountain, it is Copper season and the difference with Diamond season is 2x. So, if you own peak season, your cost per point is very low but if you own low season, your cost per point can be very high. So, you must also take the average of point per resort for the comparison. In general, people who post their MF are people who own peak season (the lowest cost per point).Doug, Thanks for your comment. Readers should take note that the figures for Marriott are Destination Points, which is Marriott's trust fund system. I'm not sure how Destination Point fees compare with fees for Marriott deeds.
Regarding Hilton, I understand there is no ownership in a trust fund (it's all deeded), so the comparisons is more difficult. As a first approximation, I averaged fees (including Club Dues) for 2-bedroom units at ten locations. The data are taken from TUG's Marriott forum. Records were used only for owners who reported 2017 fees and the point value of their deed (see attached table). From this data, I get an average point value of 7440 for a 2-BR unit, and an average per point fee of $0.197. The average cost of this average unit is $1,465.67
Compared to Diamond, I averaged the high season point values for ten 2 bedroom units, which is 8600 points. At $0.207 per point, the cost is $1,780.20. Based on this data, Diamond's fees are 21% higher.
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