Diamond Resorts International (formerly Sunterra, formerly GVC) have decided to increase the yearly management fees to a ridiculously high level which makes the timeshare ownership no value for money. You either pay the fee or loose everything including the initial payment for being a member. They will not buy back the points or ownership. There is no limit to how much they can charge each year and people are powerless to do anything to stop them. I was promised good value for money, no rip off merchants, no scams but it turns out that Diamond Resort International are modern day pirates.
Please be aware of this company and don't be taken in by the sales talk. There has been a steady yearly increase in the management fee's until last year when it greatly increased, they also insisted on as payment during the year (small print again!) which is within their rights to do so. This year the fee's increased by 35%. Remember the name - Diamond Resorts International.
Andrew
Stanley
United Kingdom
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