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Open Letter to Steve Cloobeck, Diamond Resorts International CEO

[Q=davidl712] They do it by refusing to allow the owner's communication with each other. They dictate the vote a block of votes "in the best interest of" the owners in the trust. They put their employees (or relatives of employees) on the ballot. With the owners unable to coordinate their efforts, the votes are split between too many TRUE owners on the ballot and, oh the surprise of it all, DRI remains in control of the boards. They then are free to raise fees at will as the DRI employees continue to vote IN FAVOR of all increases. Oh, and did it get mentioned that the DRI employees NEVER recuse themselves when there SHOULD be what any reasonable individual would describe as a "conflict of interest"? Look at the budget. Huge fees straight to Las Vegas![/Q] It sounds like you have some first hand experience on the board and obviously it was bad. How does DRI keep the owner's from communicating with each other in a world of email, twitter, facebook, etc. I have never served on the board so I may not know but if you submit your name to be on the ballot, don't you have to submit your experience, etc. with the application? As owners, we should be hesitant to elect an employee of DRI as there could well be a conflict of interest. Even if they are employees, it seems that they are increasing fees on themselves as well as the rest of us. I can tell you for sure that DRI is not unique in increasing maintenance fees. I have owned several other resorts and the costs always goes up. I don't recall any year when the cost went down for any of them. I know the cost of everything goes up so I am sure that some increases are totally legit. As owners, we need to elect board members committed to keeping maintenance fees in check.