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Re: Caravanserai
[Re: RI Bob C]
#29334
10/08/2014 07:11 PM
10/08/2014 07:11 PM
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Joined: Apr 2001
Posts: 1,562 Long Island, NY
RICKnGRACE_LI_NY
Traveler
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Traveler
Joined: Apr 2001
Posts: 1,562
Long Island, NY
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I have no skin in this game but I was just wondering. Jeff Berger said on 10/4 that he needed information and seemed to have some irons in the fire. Has anyone heard anymore from him?
Rick and Grace
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Re: Caravanserai
[Re: RI Bob C]
#29336
10/09/2014 11:46 AM
10/09/2014 11:46 AM
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Joined: Oct 2014
Posts: 4 Bucks County, PA
jag0417
Member
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Member
Joined: Oct 2014
Posts: 4
Bucks County, PA
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I am new to this forum and have received a letter on 10/3, found this last night. I will not be signing the form received. I bought my TS in 2006 I believe, was given a room #, week, etc. (I need to pull my contract), and have not had the ability to use it, given one excuse after another, the property was not ready, and then no response over the last few years to my phone calls. Only to get a phone call about 3 months ago, asking me to send in my maintenance fee, ASAP. I found this strange, so I called back to the number I received and the person that answered, stated she didn't know who called me. I asked if I could start booking my room and was told, I would get a call back. Still waiting. Now, I receive this letter and it's all making sense. They wanted my money so they could pocket it.
I am in for the fight, I paid for my time share, pre-construction as well in full.
Thanks Bruce
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Re: Caravanserai now Alegria
[Re: RI Bob C]
#29347
10/18/2014 05:46 PM
10/18/2014 05:46 PM
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Joined: Mar 2001
Posts: 354 Columbus, Ohio
San
Traveler
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Traveler
Joined: Mar 2001
Posts: 354
Columbus, Ohio
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Marty DID post on his Facebook site a few hours ago. It reads as follows:
Alegria hotel resort ( former Caravanserai ) As requested by Many timeshare owners , my 2 cents.
I had a meeting with the new owner, Mr. Sidhom and he explained me exactly what’s going on. So here it goes with full knowledge of Mr. Sidhom, me writing this. We are no longer a timeshare resort. The new owner bought the land, long term lease, through a public auction set up by scotia bank. Mr. Sidhom bought the land legally. The land deed was sold by foreclosure by Scotia Bank. Mr. Sidhom took full ownership on Septemer 15th 2014. Mr. Sidhom did NOT buy or was obliged to buy endless vacation N.V. or Kildare N. V. what your timeshare contracts were under. The former owner, Mr. Manek, managing director of those 2 companies made a mess of it, therefor the bank took it back. The bank did again NOT sell the cooperations ( N.V. s) but only the land deed . Mr Sidhom has NO obligation honoring any contracts made between timeshare owners and kildare N.V. or Endless Vacation N.V. He is not at fault here. He bought the land so he can make this the best HOTEL resort in the Caribbean. NEVER AGAIN a timeshare or vacation club or which ever. 100 % hotel! If he would have bought it directly from Mr. Manek then we have the dutch saying> Koop breekt geen huur. Buying does not break leases. He however bought it through foreclosure auction which is why he does NOT have to take over any companies previous associated with the resort. So after consulting with also my lawyer, any action law suits you are planning against Mr. Sidhom , Alegria N.V. or Alegria B.V will stand little ground and will cost you legal fees. The one to go after would be Endless Vacation or Kildare and go even further straight to Mr. Manek . I know how bad this is for the timeshare owners. But again Mr. Sidhom did nothing wrong and is being made look like the bad guy on behalf of Mr. Manek. Mr. Sidhom feels extremely bad about the situation also, but he also has to protect his investment. What he is doing now is ( what he does NOT have to do, but does so people can still come on vacation as planned if they want to) is charging you for whatever the amount was you were paying anyway for maintenance for ur old timeshare unit. THAT unit will be your unit you stay in . That’s why in your letter it stated a Hotel room, since we are 100 % hotel. This is on an annual base until he also cancels that, which he can do as of today if he wants to, because he can make a lot more income by renting the hotel room, then timeshare owners pay for a week maintenance. To recoup your investement and hard earned money like I wrote earlier , go after the right person which is anything that has to do with Mr. Manek or Scotia Bank. I’m caught in the middle of this [censored] also. I did however make a business deal with Mr. Sidhom, and The Dream pool bar is what it was. I believe 100 % in Mr. Sidhom ‘s intentions. He’s an Honorable business man and I’m 100 % on his team. I’m glad Mr. Manek is out. Mr. Sidhom is flying in ,on a weekly base, work crews from the states. Breaking out of mildew smelling units start next week, to rebuild them. His intentions are great! If he would NOT have purchased through foreclosure and no one would have bought, this would all have gone down the shits anyway if Mr. Manek would have stayed around. You fed him millions in maintenance and timeshare money, and all is gone! So go after the right folks! That’s just my 2 cents, but do what you gotta do. So wanna stay? Then pay ur regular maintenance for your unit. Your contact is Maria @ Alegria hotel. That’s where your questions should be directed to and not me. I however will do my best to keep you informed and tell you about FACTS!! Not hearsay. You might not like what I wrote, but at least I hope I cleared some questions up. Always here for yah, Marty @ The Dream
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Re: Caravanserai now Alegria
[Re: SXMWendell]
#29351
10/18/2014 08:22 PM
10/18/2014 08:22 PM
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Joined: Aug 2000
Posts: 83,552 Central Florida!
Carol_Hill
Traveler
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Traveler
Joined: Aug 2000
Posts: 83,552
Central Florida!
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Wendell, I think if you wait a little longer that the price for a reservation for Heineken week will be a lot lower..
Carol Hill
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Re: Caravanserai now Alegria
[Re: bonsie]
#29363
10/19/2014 02:48 PM
10/19/2014 02:48 PM
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Joined: Dec 2008
Posts: 3,284 Boynton Beach, FL
EdB
Traveler
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Traveler
Joined: Dec 2008
Posts: 3,284
Boynton Beach, FL
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As I stated before...way early in this mess.....The Caraversarai went bankcrupt...period. The business kaput. New owner steps in, and can do with it as he deems fit.
Timeshare is a risk...and I own three weeks at another resort...but no one can guarantee the future...and the handwriting on this resort has been so plainly in ones sights for years now. The lies and deceit has been ongoing from day one... starting with the promise of a completion date years off the mark. Just like any other business, building, etc...if one does not pay the bank....the bank can foreclose. Not too much different than a regular homeowner that does not pay his mortgage...the bank eventually comes in, and takes the property, and even though this particular person had a deed on the property, it is lost to him, and the bank sells it to someone else. This is basically what happened at this resort...Manek took all the money, did not pay off his debt...he lost the building, and now the bank sold it to someone else. Manek took off with money, and this new owner bought the land and the buildings...but the companies that actually owned the timeshares went bankcrupt....thus...the new owner never made a dime off of the sales...and is willing to give one use of a hotel for the maintenance fee that was agreed upon. I agree if a case is to be made..it should be against Manek and his companies....but futile going after the new owner who had nothing to do with the original agreeements.
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Re: Caravanserai now Alegria
[Re: EdB]
#29368
10/19/2014 06:15 PM
10/19/2014 06:15 PM
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Joined: Aug 2000
Posts: 83,552 Central Florida!
Carol_Hill
Traveler
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Traveler
Joined: Aug 2000
Posts: 83,552
Central Florida!
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That is true, BUT!! for the near future anyway, unless they really discount the hotel rooms, no way they would fill the resort anyway. So, they get some income regardless.
Carol Hill
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Re: Caravanserai now Alegria
[Re: San]
#29371
10/19/2014 08:28 PM
10/19/2014 08:28 PM
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Joined: Dec 2008
Posts: 3,284 Boynton Beach, FL
EdB
Traveler
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Traveler
Joined: Dec 2008
Posts: 3,284
Boynton Beach, FL
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San....i feel your pain. As i said, i am a timeshare owner myself. BUT, now at Caravanserai, there is nothing. It is bankrupt, and unfortunately, the timeshare owners are out of their investments. As I mentioned, the lawsuit if there is one, should be levied against Manek and Company....the new owner bought the property as a building only, and does have the right to do with it as he pleases..since the previous ownership went bust. It is never fun to lose money, but this was a disaster waiting to happen from it's inception. The timeshare owners lost their investment when the bankcrupty was declared. Now the new owner unfortunately have no ties to the old company, and can do with it as they deem fit. Sorry, just stating fact. Would it make a difference if the place was abandoned, boarded up, and later razed to the ground??? The timeshare owners would've lost their rights then too. Now, even though it stings, the new owner is offering to ''rent'' the units for the price of maintenance fees only. This will probably be a big discount.....and i am sure he feels that a few bucks is better than none...but it is little consolation for the people that gave away their hard earned money to a ''schemer'' who never followed up on any of the promises he made at the beginning. Will the new resort become successful is anyone's guess...but it sure leaves a blackeye on the industry. Most of the time, timeshare ownership works out..in this very remote case it did not.
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