Are All-Inclusive Mexico Timeshares Worth The Money In The Long Run?
There has been a considerable shift in the Mexico Timeshare Industry food plan that is causing many owners to now ask, How To Cancel Their All Inclusive Mexico Timeshares? Many of the Mexico Timeshare Resorts that once offered a European meal plan have now switched to the all-inclusive plan. This switch has caught many owners off guard who were content with the European plan. How does this switch affect the value of their timeshare now? How will the exchange companies respond when the next trade is requested? What are the positives and what are the negatives for the owner? What, if any, does the resort benefit from the all-inclusive meal plan? All of these questions we will attempt to answer in this article.
What is the difference Between European Meal Plan and All-Inclusive Plan?
The European Meal Plan is the plan where you pay as you go and is overwhelmingly the most common amongst timeshare resorts worldwide. The All-Inclusive Plan, popular in the Caribbean Islands and now Mexico, is the plan where you prepay your meals and in many cases your drinks too in one set price. Each plan has its pro’s and con’s for the consumer and the Timeshare Resort. In the European plan, the consumer is not tied down to eat in the resort and can off-set food costs by cooking and/or preparing meals in the suite. Granted, some timeshare owners are not owners of a suite that provides kitchen facilities but even still they are not tied down to eat in the resort. It is more common for travelers in a European plan setting to experience different types of food and restaurants outside of the resort that they are staying at.
In the All-Inclusive plan, the consumer does not worry about the cost of the meals but rather orders what he/she wants to eat off the menu provided. The thought of spending money on food does not become a daily concern during the vacation. Spend it once while paying for the package, get depressed, and then while on vacation make sure you get your monies worth and MORE is the general mentality! It is more common for travelers in an All Inclusive plan to spend more time inside the resort they are staying at.
Simply by reading the difference between the two plans, it becomes apparent why Mexico Timeshare Developers willingly want to switch to the all inclusive plan. First off, all clients will pay food and beverage costs upfront and second, it costs much less for the resort to operate an all inclusive plan compared to the European. So it is safe to say that by offering an all inclusive plan the food and beverage profits will increase! The other reason that is apparent comes from the conventional wisdom that the more time a client spends onsite, the more money the resort should receive from the client( ie. gift shop, golf, spa, jet skiing, etc.)
Can It Really Be Considered Timeshare Ownership In The Real Sense Of The Term?
Most All Inclusive Mexico Timeshare Contracts do not have mandatory maintenance fees and can be from 30 year to 100 year agreements. That sounds great to most consumers ears, but ever stop to ask yourself why the developer is not interested in annual maintenance fees when almost every other Worldwide Timeshare Developer is. Our answer to that question is because the majority of all inclusive Mexico timeshare resorts do their main business with global travel agents who sell the resort inventory via package deals. This, in fact, is where they give most of their available inventory to. The timeshare division is “extra-money” for the developer and NOT the main business line. By not having mandatory maintenance fees says in most cases that no specific inventory is being allotted to the timeshare owners buying in. When you couple no specific inventory being allotted AND the contract language saying that reservations are based upon space availability, what truly does the buyer own? Solely, the ability to make a direct reservation with the resort at a “supposed discount”, but NOW must pay the airfare component separately. Yes, airfare will no longer be included in a lump sum package deal and in the majority of cases comes at a much higher cost. In the end, many clients find out that it costs more money to book the vacation separately then it did previously with the online travel agent deal. Due to that fact that most all inclusive Mexico timeshares don’t require mandatory maintenance fees, upon owners getting wind that their travel costs are now much higher than expected amongst other promises made that may not have materialized, most clients simply chalk up the purchase as a learning lesson and never use the membership again. Simply walk away! Another common complaint is the lack of traditional 1/2/3 bedroom timeshare units to accommodate families and friends that want to stay together. But, when you truly think about it, it is no secret why many all inclusive resorts feel they do not need traditional timeshare suites. More rooms….more package deals!
So, can it truly be considered Mexico Timeshare Ownership? In our minds it is not! It is a club membership. And, should a club membership cost $10k or $20k of your hard earned money? Well, that answer is for each consumer to answer on their own!
How Does All Inclusive Affect Your Trading Power With Exchange Companies?
The Trading Power of a timeshare resort has many determinants that are factored into the equation as the exchange companies clearly profess in their literature. In our opinion, trading power of a resort stems from the basic mechanics of supply and demand. The more timeshare owners that ask their exchange company for a reservation in the resort you own will undoubtedly increase the exchange power of that particular resort and vice versa. Mexico Timeshare All Inclusive Resorts either offer a mandatory or an optional plan to other timeshare owners who exchange to the resort. If the offered plan is optional then the only other factor will be is if the exchange company has one bedroom and two bedroom inventory to offer to accommodate the typical timeshare requests of most families and couples who are traveling together? And, most all inclusive timeshares do not! If the offered plan is mandatory, due to the imposed extra cost, it would be safe to assume that more clients would NOT choose the timeshare resort simply on the basis of added cost and vacation-style preference. If the exchange company is able to offer a two bedroom suite with full kitchen which then offers the ability to stock the refrigerator and eat some meals within the suite but the resort imposes a mandatory all inclusive plan forcing the family to prepay for every person before arrival, will most families really want to choose that resort for exchange…maybe not! If a family of four is forced to pay $100usd per person for the 7/8 stay, even for the 12 year old, then the savings that traditional timeshare suites offer flies out the window….$2,800usd for a week of just food and beverage is quite costly. That is quite expensive if you compare the family of four in a typical timeshare suite under a European plan….$150-$200usd in groceries for the week plus $1,000usd average in restaurant costs! Important Note: The primary step to even having a chance at getting confirmed exchanges to Top Worldwide Destinations staying at Top Rated Hotels/Resorts that were shown during the presentation is by having swarms of other worldwide timeshare owners “Wanting and Willing to Pay” to stay at the resort you purchased at!
How To Cancel Your All Inclusive Mexico Timeshare Purchase?
If you have now decided to cancel your all inclusive Mexico timeshare then we will include the necessary steps to take in order to cancel your contract and receive a reimbursement of all monies paid as per Profeco, when the contract is cancelled within 5 days. However, if you have passed the 5 day cancellation period BUT now realize that you were Deceived or Misrepresented on the day of sale or that your consumer rights were infringed upon, there still may exist the opportunity to have monies refunded. Call Mexico Timeshare Advocate for a Free Consultation today and find out what options you have?
Step 1) Write Your Cancellation Letter and send it via Registered Mail/Courier Service to the address stated in the Cancellation Clause.
Step 2) Write Your Cancellation Letter, and send it via email to the Customer Service Department and any other email addresses stated in the contract paperwork. It is highly recommended that Profeco’s email address be added as a recipient in the email.
Step 3) Follow up, Follow up, Follow up! Be sure to stay on top of the situation and receive a confirmation email saying that your cancellation letter and request was received and that your monies will be refunded within 15 days..
Step 4) Wait Patiently For 15 Days! This is the allowed timeframe for the resort to process the refund, as stated by Profeco .
The complete guide will provide all of the above necessary to steps to take but in much more detail. It will provide the following:
- Complete detail of the necessary steps to take.
- Complete Cancellation Letter-Sample that can be used at your leisure.
- Introduction to Profeco and their contact information.
- What steps to take if the timeshare resort is unresponsive to your cancellation request
- Who to call if you feel you’ve simply run out of options!
- Click Here To Start Download!
For Further Information About Mexico Timeshares, Contact Mexico Timeshare Advocate Today and Receive Your Free Consultation! We Love Advocating For You! Call Today to 1800 947-3761.e