What will Diamond do to Bluegreen? | Thread profile

Quote: Originally Posted by Jya-Ning Thanks for the correction. My believe is, as long as the taker willing to pump the new development into the system, it will not hurt that system. If there is no new inventory added but existing possible inventory been pulled out, it will be bad, does not matter if the owner hold deeds or not. Not sure how Sunterra was constructed either, but I would think there are ways for both clubs share inventories...

Quote: Originally Posted by BocaBum99 This is incorrect. ALL Bluegreen Points are based on an underlying deeded week and unit number. Thanks for the correction. My believe is, as long as the taker willing to pump the new development into the system, it will not hurt that system. If there is no new inventory added but existing possible inventory been pulled out, it will be bad, does not matter if the owner hold deeds or not. Not sure how...

Quote: Originally Posted by dale7 A BG person would get first choice for BG up until 10 months then the rest would be for the DRI Club and depending how many BG people join DRI Club. This is the second posting I have read about a "10 month" rule. Why 10 months?

Quote: Originally Posted by jimbee The only current way into THE Club is option 3 above. What? Do you mean the only current retail way into THE Club is option 3?

The big difference in the Sunterra acquisition was that the acquiring private owners really didn't own much except Polo Towers, so when they bought Sunterra and renamed it DRI all they really needed to do was 'tweak' the Club Sunterra system and call it "THE Club". The transition was pretty seamless to us existing Club Sunterra members, so no 'transfer fees' etc. were required. Now, however, every...

When did the Sunterra buy-out occur? It began early in 2007 and was finalized last fall. DRI already was making changes and influencing actions before then. Q - Was Sunterra points based? Sunterra had various types of ownership. 1. Some owned one or more deeded weeks in a Diamond Resorts timeshare resort. They have to make trades through RCI or II. 2. Some who own deeded weeks have joined THE Club. This was the way THE Club (originally Club...

Quote: Originally Posted by BocaBum99 This is incorrect. ALL Bluegreen Points are based on an underlying deeded week and unit number. It is NOTHING like WorldMark. If anything, it is more like Fairfield with the exception that the deeds are held in trust instead of directly by the owners. But, owners have fundamental owner beneficiary rights based on those exact deeds, so owners don't own points that are disbodied from the underlying...

I like what DRI has done, since they acquired Sunterra, the resorts options have increased significantly (some Raintree, possibly BG) and the quality of the older resorts have been improved as well. I've been to BG resorts and I would say that I believe Diamond resorts on the whole are a bit more upscale, exceptions do exist. However the resort locations of the BG resorts offer quite a bit of value to DRI. I for one thought of purchasing...

Quote: Originally Posted by BocaBum99 Doug, I echo your thoughts. I think it will take a while before the Clubs can or will be merged. I do think they will remain distinct.... just like Fairfield and WorldMark are still distinct. I agree that Sunterra resorts have higher quality furnishings from Bluegreen on average. Either they can be brought up to a higher standard with higher resulting fees. Or, there could be 2 tiers of product in a...

Jimbee, great answers. I had many of the same questions. Of course with the possible BG purchase, some things will be different, some things will be similar. With your answers, I have a better idea of what might happen.