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New Press Release from SMTA
#30774
12/25/2014 10:45 AM
12/25/2014 10:45 AM
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Joined: Aug 2000
Posts: 11,585
Eric_Hill
OP
Traveler
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OP
Traveler
Joined: Aug 2000
Posts: 11,585
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We have been asked to provide the following information here on the forum: The SMTA is a St. Maarten association comprised of almost all of the St. Maarten timeshare developers. As an association of Timeshare Developers, we are familiar with the protections afforded timeshare owners under St. Maarten law. These legal protections may or may not apply to the Caravanserai situation. However, as an Association we want to assure consumers that protections have been built into the law for the vast majority of timeshare developments. While legal avenues may be available to timeshare owners of Caravanserai, legal proceedings are expensive and unpredictable. To offer Caravanserai timeshare owners with an alternative to litigation, we have come together to offer valuable vacation rights at other resorts, on St. Maarten, to Caravanserai owners so that they can continue to enjoy the vacations that they purchased as well as maintain their exchange value. We know that this does not cure the anxiety and angst that the situation at Caravanserai has caused our valued timeshare owners, but we do believe that as a destination we have to do something. For further information please visit www.caravanseraihelp.com
Last edited by Eric_Hill; 12/25/2014 11:07 AM.
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Re: New Press Release from SMTA
[Re: SXMWendell]
#30778
12/25/2014 12:45 PM
12/25/2014 12:45 PM
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Joined: Dec 2008
Posts: 993 Pittsburgh PA
plequerre
Traveler
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Traveler
Joined: Dec 2008
Posts: 993
Pittsburgh PA
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Here are the offers found on SMTA's website. SBBR: For a limited time only, Simpson Bay Resort and The Villas at Simpson Bay & Marina will offer those members from Caravanserai a week at maintenance fee. This offer will allow you to experience our resort and its facilities. To book a reservation with us, please contact Rose Blackwell at 1-888-852-8305 or e-mail rblackwell@simpsonbayresort.com Proof of ownership with Caravanserai and Certain restrictions may apply. Belair Beach Belair Beach Hotel will trade-in your former Caravanserai week for a week between 14-50 based upon availability in a 2 bedroom suite. We can transfer either your RCI Points or weeks account as we offer both. There is the standard transfer fee to pay. Contact us (see info below) and ask for Jennifer. Sea Palace: Sea Palace Resort, the crown jewel of Sint Maarten located on the oceanfront in the heart of Phillipsburg, will trade in your former Caravanserai Week for a week between intervals 16 and 45 in our studio units or our large one bedroom units, based on availability, first come first serve. There is a transfer fee of $499.00 payable to the management company. Contact Defender Resorts (see information below) and ask for Crystal. Oyster Bay We invite any Caravanserai owner to stay for a week at OBBR and pay only an amount equal to the maintenance fee charged to owners of OBBR. We would also offer a full market value exchange of your ownership interest in Caravanserai for the purchase of an interest in OBBR. More details are available through a personal representative at our resort. A link to our web site is provided. Call directly to Cindy Clarke at Oyster Bay Beach Resort at 888-784-6688 and identify yourself as a Caravanserai owner. This offer expires on June 30, 2015. Royal Islander Set on the soft, sugar-white sands of Maho Bay, the Royal Islander Club welcomes guests to Sint Maarten with two timeshare properties: La Plage and La Terrasse. These award-winning enclaves form "resorts within a resort". We do have limited availability, but will offer trade-ins for just a small transfer fee on off season weeks. These weeks do have high RCI Point values for use at other times of the year. Please contact Nina for more info on options. La Vista: Presenting an intimate and friendly atmosphere with unmatched personalized service, the dream of La Vista Resort was to create a small deluxe resort in a spectacular setting where the pleasure and comfort of our customers is our focus. La Vista will trade-in a Caravanserai week for a week between 18-34 with a $175 admin fee. Please contact Suzi for the details and also note that we do have limited availability.
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Re: New Press Release from SMTA
[Re: SXMScubaman]
#30780
12/25/2014 04:00 PM
12/25/2014 04:00 PM
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Joined: Aug 2000
Posts: 83,046 Central Florida!
Carol_Hill
Traveler
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Traveler
Joined: Aug 2000
Posts: 83,046
Central Florida!
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Sounds like a 'win-win' to me.. A chance for Caravanseri owners to maybe get into a much better situation, at LaVista or similar.. I have said for years that the only protection for timeshare owners is the integrity of the owners of the resort. Something to seriously look at these days!!
Carol Hill
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