Report Abuse

[Q=tracey75] Sometimes a developer can come in and start buying up the HOA controlled off season weeks and the next thing you know they have enough power to take control. That is one of Festiva and Capital Resorts MO's. Or you could have a fairly benevolent owner friendly developer that sells to a bigger developer with plans and changes. This happened a few years back with Wyndham and Smugglers Notch. HICV and Silverleaf, and DRI and Gold Key resorts.[/Q] Good and valid points --- and solid examples. Now that you mention it, I am aware of a long-independent resort, with the original developer long gone, where BlueGreen has been acquiring weeks in recent years and now owns about 15% of the total number of weeks there. Where that situation is headed, I have no idea -- but it's likely nowhere good from an owner standpoint.