I heard that Chris is selling timeshares for most of his rooms. Anyone know what is behind that decision? I sure hope that doesn't affect my reservation in 2015.
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I heard that Chris is selling timeshares for most of his rooms. Anyone know what is behind that decision? I sure hope that doesn't affect my reservation in 2015.
Didn't seem like that great of deal.
Flip,What is the deal?
Quote:
Originally Posted by dash
Peace and GuidanceQuote:
***SEASTAR INN 10 YEAR TIME SHARE***
Dec. 15 – Apr. 15 $5900
Apr. 16 – Dec. 14 $4900
-One week per year
- Includes all taxes
-Rooms 1-9 & 17-20
FINE PRINT
· Weeks are transferable
· 3 months notice needed to change weeks
· Maintenance fees $70 per year
For more information email us at seastarinn@gmail.com
or call us @ 1 876 957 0553
6600 or 5600 to lock yourself into staying a week at seastar for 10 years in a row.
I must agreeQuote:
Originally Posted by Flipadelphia26
Now if it were a month a year, or something like that....
If I had the money and didn't already have a place to live in Jamaica, I would jump at this opportunity. Seastar Inn is a great place now and will only get better over the years. A good thing about this "timeshare" option in that it gives Francine and Chris the capital needed to continue with the improvements necessary to move forward.
I think that paying $70US - @$85US per night is a good price as it includes the Sat. Show/Buffet and the Continental Breakfast each morning.
Besides, it is transferable should you not be able to make a trip yourself.
Peace and Guidance
What if a comet his Negril in year 5?
even still flip imo a lot of things change in 10 years...I am not saying the quality of seastar will change but to be locked in to 1 hotel for 10 years is a bit much.. you never know what could happen. I think sea staar is a nice place but 10 years in the same room? wheres the adventure? i personally do not stay in hotels anymore but when i did i would bounce around i would frequent the same places but not on every trip. when i decided i want to find a place i bought a peice of land. but that was a long time ago when things were reasonable now it is very hard to find something with in reach of not being a mega millions lottery winner.Quote:
Originally Posted by Flipadelphia26
What if it does and it is during your week? Fa.get.about.it! :rolleyes::pQuote:
Originally Posted by Flipadelphia26
Peace and Guidance
On the $4900 price for before Christmas ; with your maintenance fee and taxes included you are talking about $110 dollars per night. What you would be doing is locking in your nightly rate for the next ten years (with the exception of any increase of the maintenance fee in that time). You still need airfare and transfers food booze etc. so it comes down to what you would pay otherwise and is the location,room size,room capacity, amenities.....fridge? stove or hotplate? microwave? suitable for your needs? The last I looked the rooms are small with a small fridge in some. I don't know if Chris has upgraded the rooms more since then. In the mid 80's I bought into a one bedroom 2 bath unit on the beach for 25 years. Full kitchen, slept 6 with fold out couch in the living room,on the beach in a good location for $6900 and had no regrets.Do your math and weigh your options .
Well, it does say includes all taxes so I don't think that is an issue and at $70/night X 7nights is $4900.00. Yes, the maintenance fee would add another @$6 US so it would be more correct to say $75 US+ change per night.
I think Seastar Inn is a good alternative to those who go to AI's or places like Pointe Village. I live in Jamaica at about $700 per month so it is out of my price range.
Your transfer comment is interesting. I wonder if that is included in the price to and from the airport? Perhaps someone who knows could comment.
Peace and Guidance
There's pros and cons. Certainly.
Quote:
Originally Posted by Accompong
What is the source of this info? The prices appear to be different from what Flip posted. Just wondering which one is accurate.Quote:
***SEASTAR INN 10 YEAR TIME SHARE***
Dec. 15 – Apr. 15 $5900
Apr. 16 – Dec. 14 $4900
-One week per year
- Includes all taxes
-Rooms 1-9 & 17-20
FINE PRINT
· Weeks are transferable
· 3 months notice needed to change weeks
· Maintenance fees $70 per year
For more information email us at seastarinn@gmail.com
or call us @ 1 876 957 0553
It might be a good deal if you assume that the standard room rates will increase over the next ten years and you like staying at SeaStar every time. One of the things that makes a traditional timeshare attractive is that you get exchange privileges with other resorts in other locations. However, I know many people are loyal Seastar customers and do stay there every trip, sometimes multiple times a year. But for me - with limited vacation time - I may stay at Seastar, but it wouldn't be for a whole week.
Can't say where he got his information but I got this (cut and pasted) from Seastar Inn in an email.Quote:
Originally Posted by Mike_D
Peace and Guidance
10 years X 70 Dollars per year maint = 700 bucks. 700 + 5900 is 6600 700+4900 = 5600
Those are the #'s Acc posted.
5600 / 10 = 560 560 / 7 = 80 for off season
6600 / 10 = 660 660 / 7 = 94 for high season.
Unless I misread Acc's Post or my math is wrong. That's what you're paying per night. That's not that deep of a discount off of the current pricing.
Hard to mix "Apples and Oranges" to get the price. $70 is one year and $4900 is one year so the total is $4970 for one year (off season).Quote:
Originally Posted by Flipadelphia26
You can't multiply the maintenance cost for the whole 10 years and add it to a one year weekly rate to determine an accurate price.
As I said, "it works out to @$75US (plus change) per night." $4970 ($4900 + $70) divided by 7 nights or (actually $71.00 per night.
Peace and Guidance
· Maintenance fees $70 per yearQuote:
Originally Posted by Accompong
That is what I said. You said...Quote:
Originally Posted by Flipadelphia26
That is 10 years of maint fees added to 1 year of payment. You can't do that mathematically. At least when I went to business school you couldn't.Quote:
10 years X 70 Dollars per year maint = 700 bucks. 700 + 5900 is 6600
Maybe that is what is known as "fuzzy math". :cool:
So you're ignoring 9 more 70 dollar payments to be made in the future. That's fine, but it clearly states in the "Fine Print" that it is a per year charge. It doesnt matter if those payments are deferred. The total payment in the end is still going to be the same.Quote:
Originally Posted by Accompong
Well, if you are a committed Seastar fan, it certainly is a deal...if nothing more than your lodgings will always be set. I can see the benefit of this as you only need to worry about your airfare and incidentals.
My apology, Flip. I missed a period on my calculator. Last time my girlfriend missed one all hell broke loose.Quote:
Originally Posted by Flipadelphia26
Sorry.
Peace and Guidance
No ProblemQuote:
Originally Posted by Accompong
doesn't seem like enough of a savings to make it worthwhile
Kind of agree with you. SS is a great resort yet variety is the spice of life. Occasionally, one likes to experience other resorts on the cliffs and spread the wealth. So many changes...can occur...not only at the resort but in one's life. Think I'll just stick to the normal fun and excitement of booking resorts each trip and be happy...as Smith744 says. :)Quote:
Originally Posted by jon c.
BTW Where is Smith 744 hiding? I can' believe he has been away from Jamaica this long.
Been wondering the same thingQuote:
Originally Posted by MoFromMonroe
Judging from the die hard fans of Seastar I am sure they will sell! Can I time share a front table for Saturday nights?
Yes you can dash - if you are there the same time as us, we`d love to have you share our table :)
Nice meeting you at the reggie party with M&G - Saturday night
and you know - we are die hard Seastar fans!!!
Anyone ask why?
My opinion...not enuff savings to lock in 10 years....too many variables in life to lock in that long....if the savings were big enuff where u could miss a year or so and still be a good deal, then yeah....what if sickness in yur family or work or whatever gets in the way of your traveling in one of those years...and then there is the fact that we have been 4 times, have not stayed at the same place twice, and have not been on the same weeks twice.....hard to lock in 10 years of my life....
has pros and cons....
Not on this thread, but the possibility of a few million USD if all the room shares are sold seems to be a pretty good incentive. That's a good chunk of change and could fund a good sized expansion.... Or another hotel if he were so inclined.Quote:
Originally Posted by Tattoo
Quote:
Originally Posted by Hussyband
FLIP'S RAMBLING THIS IS IN NO WAY A RUMOR. NO INSIDE INFORMATION. I AM JUST BABBLING
That property at the end of the lane, next to Catcha is for sale. Imagine how much more appealing a room at the Seastar is with guest access to the cliffs just a 100 yards or whatever away?
Makes a lot of sense to me. Give up14 rooms for 10 years in current location to fund expansion of who knows how many more? Sounds like a good business move to me. If it is the case, I sincerely hope it works out for him.
Just my two cents....
My opinion is biased due to the fact that I arrived at Seastar as a guest and left as a member of the family...
Chris and Francine have worked very hard to create a wonderful resort in Negril. Over the years they have listened to and acted on advice from many of their guests.
I'm guessing that maybe Chris and Francine are responding to a repeated request from some of their regular guests.
Enjoy,
VVHT