- Joined
- Jun 17, 2005
- Messages
- 382
- Reaction score
- 8
- Points
- 378
- Location
- NJ
- Resorts Owned
- DVC - BLT & WLV, Cliff Club, Bolton Valley, Morritt's, Sudwala
Although I sold my unit at Knysna a couple years ago, I received a letter today saying that they may look to sell the resort. The letter outlined the aging of the t/s owners, decrease in owners occupying their weeks and a slow resale market as some of the reasons this will be considered. It will be up for a vote at the next owners meeting.
But since this is a First Resorts facility, my guess is many weeks are probably owned by Stauart Lamont and the management staff, and it will most likely pass.
They are offering a "similar week in another resort in or out of the area" or membership in their points club to people that want to remain a t/s week owner.
No skin in the game here, but a heads up to any owners or people considering a purchase.
But since this is a First Resorts facility, my guess is many weeks are probably owned by Stauart Lamont and the management staff, and it will most likely pass.
They are offering a "similar week in another resort in or out of the area" or membership in their points club to people that want to remain a t/s week owner.
No skin in the game here, but a heads up to any owners or people considering a purchase.