Original Message:
Re: Diamond Resorts raises maintenance fees again! (by Robert R.):
When DRI purchases a distressed timeshare company the maintenance fees tend to increase sharply. My opinion is that this is a huge cash cow as they can squeeze the members until they bleed and if they don't pay they can shift that debt to the remaining members and raise the fees still higher. Get more cash, buy more companies, squeeze and repeat. The members are just individuals and cannot stand against the sort of corporate legal firepower they can muster. Lobbyists are employed by the industry to keep these predatory business practices legal. Meanwhile the expert, highly skilled sales staffs continue to get new suckers through highly refined high pressure presentations.