Original Message:
ask-redweek-resorts-charging-owners-for-name-changes (by Fred W.):
They continually try to milk you dry, this is another example. IMHO the TS industry is dead--anyone buying one now, even a "points" program, will be losing money over the long term as opposed to just renting condos where and whenever they want. I'm a Vistana owner and always use the week there and never rent or trade it. But this year my annual fee is $815. For the particular week that I own, I can rent the same accommodation--a 2 BR 2 BA unit--for $600 through either RedWeek or other means (even Expedia lists Vistana). So I am losing $215 this year by owning the unit vs. renting the same one. Rather than Vacation Ownership, this product should be called Vacation Extortion.