DC4MS

These are current as of March 21, 2008

Ultimate Resort Discovery Membership

Signature ($1.5m home value)
15 day membership - $27,000
30 day membership - $50,000
45 day membership - $67,500

Elite ($3m home value)
15 day membership - $42,000
30 day membership - $80,000
45 day membership - $112,500

Plan Overview:

Membership term - 2 years
Minimum # of days per reservation - 2 days
Maximum # of days per reservation - 7 days
Reservation booking window - 180 days from arrival
Access to Ultimate Resort Collection - yes
Space available holiday reservations - yes, 30 days from arrival

Membership days must be used within 2 years from date of purchase
Membership fee is non-refundable
12 months to execute option to Lifetime Membership with price locked in as of Discovery Membership inception date.
Unused days credited toward Lifetime Membership.

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Attached Files

UR Discovery.pdf (90.4 KB, 11 views)

vineyarder

Wow - those prices seem awfully high; $1800 per night for a $1.5M home, with holidays excluded unless space available w/i 30 days, and even non-holiday reservations that can only be booked 180 days in advance... I'd be shocked if many people sign up, especially since people could 'trial' a HCC $1.5M flagship property for < $500 per night with 365 day advance reservations (by joining as a 'companion member' and getting a 100% refund on your deposit of you didn't like it), or could trial a DHH $2.5M property for $750 a night...

DC4MS

Here is a cost per night breakdown

Signature ($1.5m home value)
15 day membership - $27,000 = $1,800 per night
30 day membership - $50,000 = $1,667 per night
45 day membership - $67,500 = $1,500 per night

Elite ($3m home value)
15 day membership - $42,000 = $2,800 per night
30 day membership - $80,000 = $2,667 per night
45 day membership - $112,500 = $2,500 per night

LTTravel

I agree that the prices seem too high. I also don't understand the 30 and 45 day "trials". I think by the 15th day you would know if this was for you or not.

Tedpilot

I'm with LT on this. I don't think this is so much as a "trial" but more or less renting to the public. What's the differwence between this and VRBO? In this case I'll get some perks and a sales pitch from UR and that's it. Don't get me wrong, I like some of their properties a lot but not at these rates.

jam

I am a UR member and I don't care for it as well. It seems to just exacerbate a less than desireable situation with shorter term space available capacity.

DCTraveler

As I see it it is a short-term disposable membership for UR to get cash before the merger and close as many members as they can. They give some days over the next 2 years in turn for cash now that has no liability (not refundable) with it. They don't even collect annual fees -- it's just set number of days at a set price all paid in advance. As I read it, you don't even get to apply the payment to your membership fee in two years. I don't like this at all.

Tedpilot

Hm, to summarize it is a "pre-paid" calling card for vacation homes?

Kagehitokiri

like a jet charter card.

its onekey world's model.

and markers has a similar preview membership as well.

pwrshift

Once UR merges with PE they will be lowering their price to $13,000 (adding a lower tier to make 3 altogether) with Discovery Membership and the additional (more than 15) nightly cost to $750. The 15 nights is for a 2 year period - if you use them all the first year you cqn 'buy' more nights at $750 ea. If you don't use the 15 nights within the 2 years you can carry them forward into the next year.

You can extend your membership after your 2 years or merge it all in with 'current' membership prices at the tier level you want. If you resign your regular membership you get 80% of the then current membership fee back and it stands to reason that, after a few years, it will exceed your original buy-in price.