Polo Towers just called and left a message

[brisket lover Member Find all posts View Profile Close brisket lover]

I haven't gotten out of bed to listen to it yet. Im recovering from a bit of minor surgery. I wonder what they left. I bet they want to get me to convert again and most likely it is from a call center and not them.

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

I haven't gotten out of bed to listen to it yet. Im recovering from a bit of minor surgery. I wonder what they left. I bet they want to get me to convert again and most likely it is from a call center and not them.

That would be my guess. DRI is selling their trust based ownership and have added Polo Towers to one of those trusts. Originally, I thought it was the Hawaiian trust but, we just went through and owners update in Branson and they indicated it was in the U.S. trust. Who knows, maybe it's in both.

I would be curious, assuming you talk to them, if they're only selling conversions into one of the DRI trusts or if they're still offering owners the option to join THE Club.

[T. R. Oglodyte Moderator Find all posts View Profile Close T. R. Oglodyte]

That would be my guess. DRI is selling their trust based ownership and have added Polo Towers to one of those trusts. Originally, I thought it was the Hawaiian trust but, we just went through and owners update in Branson and they indicated it was in the U.S. trust. Who knows, maybe it's in both.

I would be curious, assuming you talk to them, if they're only selling conversions into one of the DRI trusts or if they're still offering owners the option to join THE Club.

Doug - I think they have inventory in both trusts.

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

Doug - I think they have inventory in both trusts.

That wouldn't surprise me. I would also think that when it comes to inventory for owners wanting to stay at their own resort, it could create a nightmare with inventory diluted between deeded owners, THE Club and two different trusts. At this point, I'm glad our units have become strictly for exchange.

While I understand that a resort in the U.S. Trust would try to sell me into that trust, they'd have had a better shot by offering a choice between the two. Assuming of course that's what DRI is doing. Without confirmation from DRI, Polo Towers may only be in the U.S. Trust and it may be an incorrect assumption that it's in both.

[T. R. Oglodyte Moderator Find all posts View Profile Close T. R. Oglodyte]

That wouldn't surprise me. I would also think that when it comes to inventory for owners wanting to stay at their own resort, it could create a nightmare with inventory diluted between deeded owners, THE Club and two different trusts. At this point, I'm glad our units have become strictly for exchange.

While I understand that a resort in the U.S. Trust would try to sell me into that trust, they'd have had a better shot by offering a choice between the two. Assuming of course that's what DRI is doing. Without confirmation from DRI, Polo Towers may only be in the U.S. Trust and it may be an incorrect assumption that it's in both.

Having not gone through a sales presentation at Polo Towers (and there being little probability of that as well) I can only speculate.

And my speculation is that it gives the sales staff two different options to present - if the prospect is mostly interested in going to the US they can sell the US Trust. But if the prospect is interested in going to Hawai'i, they can sell home resort advantage for the Hawai'i trust.

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

Having not gone through a sales presentation at Polo Towers (and there being little probability of that as well) I can only speculate.

And my speculation is that it gives the sales staff two different options to present - if the prospect is mostly interested in going to the US they can sell the US Trust. But if the prospect is interested in going to Hawai'i, they can sell home resort advantage for the Hawai'i trust.

That wouldn't surprise me. When we sat through our owners update, I really didn't indicate our travel preferences so, there wasn't much for the salesman to go by. On the plus side, this DRI presentation was much like the presentations we'd sat through years ago. Very low pressure without the wrestling match to get out. If it wasn't for my wife wanting to chit-chat, we probably could have gotten out in 90 minutes. Unfortunately she got started telling stories of our travels and we were there 3 hours. Normally it's me asking questions to make sure I understand everything that slows us down. Since she hates these things, who'd have thought?

[brisket lover Member Find all posts View Profile Close brisket lover]

Turns out is was the San Francisco exchange company (I think that is their name.) I registered on their website way back when someone told me about it. I guess they got the registration now or something. I dunno, but if they call back I will talk to them and see what they say.

[falmouth3 Senior Member Find all posts View Profile Close falmouth3]

I know that SFX uses Polo Tower weeks since they got one for me.

Sue

[mgbdragon Junior Member Find all posts View Profile Close mgbdragon]

Polo Towers

Just spoke with DRI rep a couple days ago and confirmed that Polo is part of Hawaii trust for home advantage. I'm not sure if it now belongs to both Hawaii and US Trust, though.

[mpetty Junior Member Find all posts View Profile Close mpetty]

They offered me a stay at the Polo towers, including some meals, comps, etc for $290 or something like that?

It included two rooms, dinner for four, and some other misc stuff. Of course, you have to sit through a 90 minute presentation, and the other group of two has to sit through one also.

I indicated that we might give it a try and see. I was meaning to go to Vegas soon, and I might as well check out the new place.

I think that they want me to become a more active member, possibly buy more points.

[Glitter Brunello Super Moderator Find all posts View Profile Close Glitter Brunello]

I know that SFX uses Polo Tower weeks since they got one for me.

Sue

Which week did you get? If it was an Easter week at VPT, I think it was mine

[Spence Super Moderator Find all posts View Profile Close Spence]

Just spoke with DRI rep a couple days ago and confirmed that Polo is part of Hawaii trust for home advantage. I'm not sure if it now belongs to both Hawaii and US Trust, though.

You need to see what your agreement actually says as it doesn't go "both ways." From what I can surmise, some deeds have been put into the DRUSC Trust and some more recently into the Hawaii Trust. You might be sold one or the other. How DRI is tyring to play this to their advantage, I don't know, and I may be all wrong.

[mgbdragon Junior Member Find all posts View Profile Close mgbdragon]

Trust rearrangement

You need to see what your agreement actually says as it doesn't go "both ways." From what I can surmise, some deeds have been put into the DRUSC Trust and some more recently into the Hawaii Trust. You might be sold one or the other. How DRI is tyring to play this to their advantage, I don't know, and I may be all wrong.

When I bought in to Hawii Trust at Kanapalli (b/f finding Timeshare forums) it was just Kanapalli and Poipu. Reb now say the Hawaii Trust includes Tahoe, Sedona Summit and Polo Towers.

Would Diamond take resorts out of one trust and put it into another? If not then you have two Trust paying into the overlapping resorts. This would suggest a larger pool (2 Trusts) or resources to collect for special expenses and maintenance fees. I guess it would also benefit the Hawaii trust a little since they would also have a larger pool of members to cover expenses.

Thoughts?

[Spence Super Moderator Find all posts View Profile Close Spence]

When I bought in to Hawii Trust at Kanapalli (b/f finding Timeshare forums) it was just Kanapalli and Poipu. Reb now say the Hawaii Trust includes Tahoe, Sedona Summit and Polo Towers.

Would Diamond take resorts out of one trust and put it into another? If not then you have two Trust paying into the overlapping resorts. This would suggest a larger pool (2 Trusts) or resources to collect for special expenses and maintenance fees. I guess it would also benefit the Hawaii trust a little since they would also have a larger pool of members to cover expenses.

Thoughts?

Yes, a deed a can put into any Trust, and there's not a "larger pool" because a resort may appear in both two Trusts. The "pool" is limited by the amount of owners and if you're in the HI Trust for example and have early access to Polo because of that (your early access is limited to the number of units/allocation of Polo in that Trust.) Nothing you do affects the DRUSC Trust.

[T. R. Oglodyte Moderator Find all posts View Profile Close T. R. Oglodyte]

When I bought in to Hawii Trust at Kanapalli (b/f finding Timeshare forums) it was just Kanapalli and Poipu. Reb now say the Hawaii Trust includes Tahoe, Sedona Summit and Polo Towers.

Would Diamond take resorts out of one trust and put it into another? If not then you have two Trust paying into the overlapping resorts. This would suggest a larger pool (2 Trusts) or resources to collect for special expenses and maintenance fees. I guess it would also benefit the Hawaii trust a little since they would also have a larger pool of members to cover expenses.

Thoughts?

If you are a Trust owner, your Home Resort Advantage will be the resorts in the trust that you own.

****

The trust is simply a collection of deeds. DRI puts deeds into the trust from its inventory. In the case of Polo Towers it appears DRI has put inventory into two trusts.

*****

Since maintenance fees for trust owners are a blend of the fees from the deeds in the trust, Hawai'i owners will benefit from lower annual fees if the PT fees are less than the fees at Hawai'i properties.

As noted above, I presume that the reason DRI has PT inventory in two trusts is to provide flexibility in selling Home Resort Advantage. If I'm correct in that assumption, then the reason people are buying PT property in the Hawai'i Trust is because they want Home Resort Advantage to go to Hawai'i. If not, they should be buying in the US Trust because the annual fees must be less in the US Trust.

Thus, these PT owners will likely be competing for space in Hawai'i with people who bought in Hawai'i. Of course, this would be "offset" by the new availability of space in PT, but I suspect there are more PT owners who want to go to Hawai'i than there are Hawai'i owners who want to go to PT.