- Joined
- May 20, 2006
- Messages
- 47,611
- Reaction score
- 19,120
- Points
- 1,299
- Location
- NE Florida
- Resorts Owned
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Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
I received the proposed 2020 MF budget for Grande Vista and it looks like there could be a big increase. Discounting the way they show the reserve fee and only looking at the operating fee it shows an increase of $168.61. When you remove the increase in the Management Fee (because it is inflated because of how they show reserve funding on the proposed budget), the increase is still around $120. That works out to about an 8% increase over last year. I would expect some increase in reserve funding to finlate that 8% even higher.
I get that this is still a proposed budget, but the proposed increases in certain line items don't look promising.
I get that this is still a proposed budget, but the proposed increases in certain line items don't look promising.