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Diamond Resorts Rental Cease and Desist Orders

for_ts

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Yes, 5 years ago I got one.
I was a mega renter. I now rent a few weeks a year. It's meant for personal use. That's the reason for it.
I got a warning and agreed to lessen my rental activity.



Yes
Did you get a formal Cease and Desist ? When is the worse that could have happened. Could Diamond sue for damage or suspend the account with allowing the use of the remaining points before expiration.
 

RLS50

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I think DRI also gave themselves big raises when they took over the Gold Key resorts. Please share with us anything you can about DRI taking control of your resort.
When Diamond took over Gold Key, the maintenance fees at OBC / Oceanaire (and most of the other Gold Key resorts) jumped 9.6% and then 9.8% in back to back years.

The 2 main reasons for this increase was because of the increase in management fees (the amount Diamond pays themselves to manage the resort) and because of the significant jump in back office expenses (Owner Services and Admin fees). Diamond was originally labeling these back office and Admin fees as Indirect Corporate Costs on the budget. Basically Gold Key was consuming about 18%-19% of the Budget for their Management and Admin services and Diamond is now consuming almost 28% of the budget for those same services.

So when Diamond takes over a resort, from Day 1 when they "walk in the door" there is a increase to maintenance fees just from the significant pay raise that Diamond gives themselves.

On a positive note, I will say that the Diamond Regional GM in Virginia Beach (who started in the spring of 2017) seems to be doing a good job getting the 4 Virginia Beach resorts moving in the right direction. He is approachable, seems competent, and seems to know how to run a high end resort...from infrastructure down to amenities. And like they do in Sedona, Diamond has the major presence in the Virginia Beach market. None of the other major developers have a presence in Virginia Beach outside of hotels.
 

rickandcindy23

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
31,898
Reaction score
9,000
Points
1,049
Location
The Centennial State
Resorts Owned
Wyndham Founder; Disney OKW & SSR; Marriott's Willow Ridge,Shadow Ridge,Grand Chateau;Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few; Grand Palms; WKORV-OF (2),Westin Desert Willow.
I believe that owning a timeshare means using it in any way you can. If that means you have to rent it sometimes, you should be able to do that.
 

tschwa2

TUG Review Crew: Veteran
TUG Member
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Dec 19, 2008
Messages
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Location
Maryland
Resorts Owned
A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
I believe that owning a timeshare means using it in any way you can. If that means you have to rent it sometimes, you should be able to do that.
In general all of the disputes where developers have sent out such has been with points systems (Vacation Clubs) that also act to an extent as an exchange system. The only time I have heard of a developer/HOA go after weeks owners renting their weeks has been in Aruba- which is governed by different laws and I am not sure they are "deeded" weeks. In that case it was owners who rented 6+ weeks per year and in most cases 10-20 weeks per year.
 
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