Ongoing Changes At Reunion Resort Not Good For Owners
August 26th, 2009
The news from the new management at Reunion Resort seems to show that they still don’t have the interests of their owners at heart. Owners who were let down terribly by the rental program run by Reunion, many of whom have lost or are in the process of losing their homes, are finding out that the management is not going to help them with their own efforts to gain some rental revenue. Indeed, in their own self interest, Reunion Resort are going to work against them.
Owners who began renting out their homes themselves are finding that they are going to be hobbled by the fact that guest passes (Which allow access to the water park and the three championship golf courses) will only be available to their guests for a maximum of six weeks a year. A similar restriction was put in place by the previous management but was not enforced as even they realized they had let down the owners so badly that they had lost any moral right to do so.
Homes that stay in the Reunion Resort Rental Program will have no such restrictions. Guest passes will be available all year for them.
This confirms that the new management are going to be putting their own self interest ahead of the interests of those owners who need to be making a good revenue to keep their homes. I am sure this action could be challenged legally but should it really need to be. Personally, I find it amazing that in these dire economic times Reunion Resort are attempting to stop owners gaining enough revenue to keep their homes in the resort. These restrictive practices will force more owners into foreclosure, therefore reducing even further the income stream to the HOA.
How can this be beneficial in any way?
The above is the calendar from one of the homes I promote in Reunion. Between the owner and I, we have successfully managed to keep the home occupied with paying guests who have all spent money on the resort. If Reunion insists on restricting the ability of this owner to book out her home then she will lose it and Reunion Resort will lose out on all the revenue generated by those paying guests.
Of course, the reason Reunion are enforcing these restrictions is to protect their own rental business that, they believe, will not be able to survive the competition from it’s owners, many of whom are now running efficient small businesses and paying tax revenue to the county and state. Revenue that is much needed.
If I am incorrect in my assumptions perhaps someone from Reunion could correct me but if I am right I urge Reunion to rethink these policies for the benefit of the resort, the owners, potential guests and……me!
All guests, both of the Resort and of the owners should have equal access to all the facilities on the resort. Come on management, I am sure even you don’t want to put more of your owners into (even more) dire financial straits.
