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Re: Can no longer afford high maintenance fee. (by Sylvia D.):
THE POLO TOWERS in Las Vegas is located on the famous STRIP. The property must be worth many million dollars. If the executive board gets the maintenance fee over $1,000 per year for a 7-day vacation it may not be worth my while to continue as an owner. Today on Expedia the rate per night is $156. $156 x 7 = $1,092. Considering the fact that I paid $16K for the timeshare + $892 maintenance fee+ $200/year for my Interval International membership (to be able to trade my week at another resort) + $185 to secure the resort trade, I believe that I was completely taken advantage of. Can you see these Travel Kings continue to rack the responsible over the coals. The Diamond Resorts Chief Executive Officer Stephen Cloobeck knows the math is not right. Owners are being used as his personal ATM. I am very upset about this. Polo Towers is a part of Diamond Resorts (they own 200 properties in 28 countries). As a member of Polo Towers I can't trade my week in Las Vegas to another timeshare under the same umbrella with out trading in my deed to their points program for another $7K. This is another company taking advantage of hard working Americans. Diamond Resorts International laugh at us all the way to the bank. By the they are not accredited by The Better Business Bureau.