In the most recent issue of a timeshare magazine that I hold in HIGH regards, there's an article on maintenance fees and how to "offset them."
I was stunned at some of the "smart" suggestions offered such as "using the kitchen", "renting out part of your time" and my personal favorite, "conducting business on vacation."
These suggestions may very well work on unsuspecting prospective timeshare owners...heck I used the kitchen idea back in my timeshare selling days...but this is a magazine aimed at people who already own timeshare.
Interestingly enough there's an article on the very same page talking about the $5,893.32 special assessment levied on owners of Diamond's Poipu Point Resort in Hawaii in addition to the $1,400 in annual maintenance fees.
Even if we set aside the special assessment issue (which is a continuing source of frustration to the owners there), none of these suggestions come close to covering a $1,400 annual maintenance fee.
Owners need more usable advise than "use the kitchen" to deal with the ever-increasing fees that resorts are charging each year.
Owners need to educate themselves, join together and work with their resorts' HOA to address the issue.
On a separate note, I'm off for the UK on Wednesday where I'll be speaking at this year's TATOC Conference and touring some timeshares in the area. Check back soon to see updates.