Diamond Resorts International (DRI), the developer and management company overseeing the Point of Poipu Resort in Poipu, HI and also the Hawaii Collection resorts, consisting of Timeshare Properties in Poipu, HI (Kauai), Lahaina (Maui), HI, Sedona Summit, Sedona, AZ, and Polo Towers in Las Vegas, NV. Most recently (Oct), DRI is forcing the deeded owners of Poipu and Points Owners in the Hawaii Collection to pay (mandatory assessment) of a $ 65 million dollar water intrusion issue/problem at the Point of Poipu Resort. Previous to October there was no previous notice to owners of this upcoming assessment, either through normal mailings or email advisements to owners. I have invested over $ 50,000 in purchases since 1996, not including annual maintenance cosst that have exceeded $ 25,000 since my initial investment.in April of this past year they again sold me additional "points" in their Hawaii Collection ($ 17K) with no mention of the impending water intrusion issue they would be charging the deeded or Hawaii Collection Points Owners.
0 comments