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Original Message:

Re: Planet Hollywood towers in Las Vegas (by Cath C.):

Hi Jayjay

Almost all Time shares would depreciate in value. The main reason for this is : inbalance supply and demand equation. A person who bought a timeshare if wants to sell should be lucky to find a similar person who will be interested with same week/location/price.

The main and most important factor for a timeshare to hold or appreciate in value is it COMMERCIAL or in what it could rent. I know one of my friend makes a living just by renting his various timeshares. It that particulat time of the year and that particular location that matters.

Coming back to PH towers: You cant compare it to any other timeshare. Because its connected to a state of the art casino and a hotel inventory.

All I am concerned is WEEK 52. Dec 25 to Jan 1 every year.

In LV, most hotels in the strip are booked for the next 3 years for week 52. PH towers is the only timeshare where you club it with hotel inventory and rent it.

PH has a unique relationship with hollywood. The top 10 floors are pent houses and are already gone and owned by the celebs. The bottom 40 floors are timeshares ( only1200 inventory). Westgate whose is the developer for this has 400,000 customers ( the largest in the timeshare world). Last I heard, most westgate customers are upgrading their to PH. I dont think there will be lot week 52 available to the public ( may be less than 400 suites).

There are 5 theaters where hollywood stars will be performing plays every month (esp. week 52). Beauty contest, boxing champs will be held. The lastest plan is to have hollywood stars doing a count down for new year.

One of my friend bought week 52 during the pre construction phase for just 50k. I came to know abt PH thorugh him . I did a lot reasearch and found the above and lot more.

He has agreed to give me one for 52k which I think is good value for me. The developer is selling for around 70k. It will be open for the public by the end of this month.

Most importantly, I am buying this timeshare not for resale purposes. But for vacation and renting purposes. I bet I will never miss a week 52 rent in LV strip ( in PH)

Also, there not many timeshare in LV strip to the clase of PH. I know jockey club is there some where behind the strip which is no way comparable to PH.

Its all abt location, time of the year. I cannot expect to rent a week 22 ( not even $50/night).