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Re: Open Letter to Steve Cloobeck, Diamond Resorts International CEO

[Q=davidk689] Is there anyone here who can answer this question: If I paid $11,000 for my timeshare 21 years ago, and I currently pay more in annual fees than it would cost me for similar lodging booked via the likes of Hotels.com, then what did I get for my $11,000? This is the basic question some of us have regarding the value of timeshares.[/Q] I am there too and I paid a similar amount. It seemed that I knew what I was getting when I signed with ILX, at least I think I did after about six hours of sales pressure. But I think the way that Diamond Resorts International interprets that deal is that the $11,000 you paid gives you the right to be squeezed by DRI for ever increasing fees for the rest of your life.