I booked one week at the Grandview in Las Vegas and was charged $385 CDN, which in US dollars is comprised of $199 USD exchange fee, plus a points protect fee of about $60 USD or so. (back in 2007 when we signed up it was $79 USD), . RCI have now come up with points protect fee plus if you want them to call you back with regard to an available week we are told that we have to join the Platinum Membership which has grown from $49 a year a few years ago to where is is about $120 annually (I believe this is a CDN dollar figure). If my calculations are correct, the annual maintenance fee plus the $385 CDN works out to be about $125 per day for a 2 weeks, or slightly under $100 CDN per day based on a 6 week vacation.
What is going on? is the time share industry purposely pricing the owners so that they can force them out in order for some big resort chain to buy them out? I just don't get it!
I cancelled the week at the Grandview and, at this point I am so upset that I am planning to tell the resorts to cancel, refuse to pay or tell them to take their time shares back.
I encourage thoughts and ideas suggested course(s) of action.
Thanks
What is going on? is the time share industry purposely pricing the owners so that they can force them out in order for some big resort chain to buy them out? I just don't get it!
I cancelled the week at the Grandview and, at this point I am so upset that I am planning to tell the resorts to cancel, refuse to pay or tell them to take their time shares back.
I encourage thoughts and ideas suggested course(s) of action.
Thanks