$120 in 2012, and $286 today. My contract called for; I definitely agree the resort is nicer, but not sure that much.
Not trying to always be so pro TTR (I know it can come off like that, but I don't drink any special Kool-aid), but... Yes that jump up is bit steep in that 5 year span, but when you stretch out the timeline and where it held for so long with little increases, the bell curve isn't as dramatic. Also, I honestly feel like they were insanely low for so long. I thought it was too good to be true 4 years ago, when I first started going and heard what members paid that they must have had some contract amendment with having to wash dishes one or two days during vacation.
Remembering back to 2003-2006 or so when we ran our Premiernights business our high season price was around the $200 mark, with low season about $160-170. If it's $286 now then prices haven't gone up massively over 12 or so years imho. We paid $192 per night for low season a few weeks ago. For the majority that weren't around then what we did was buy a bunch of nights from Premier and then resell them at 5 or 7 nights at a time. The customer received Premier benefits and got a good rate - it was an early incarnation of the current referral system without an obligatory sales pitch. We aimed to match the market rate from the likes of Expedia etc, so I'm pretty sure even way back then a dozen years ago $200 per night was the going rate for high season.
I was just looking at day passes and the lady quoted me $250 per person... I just made another post im like it has to be a way it can be cheaper... we are staying 5 minutes away its cheaper to just get a room for the night lol
I've always thought that TTR was one of the most cost-effective vacation spots I've ever found. They were way under-market for a long, long time. Think on this... Stacia & I went to the Westin in Cancun last year, as they were trying to get us to go to thir resorts so they offered me four nights for $100. We went, and as we were checking in, their Daily Rate, right there at the front desk, was $559 per night. THat is not a typo, $559 Per Night! Desire doesn't cost that much, and I can honestly attest, Desire is Way better than the Westin in Cancun.
In my opinion, the crux of the message is the increase/decrease is tied to the consumer index. (so in 6 years, 2012-2017, the inflation rate has doubled in Mexico, think not) Comparing what non-members pay to members is irrelevant as the member has already invested dollars.
I guess my point was more that I did not trust and still do not trust Premier. The agreement that we all signed gives us zero leverage with Premier, as they can interpet the rules as they feel fit. I cannot argue that $386/night is still a good deal for Christmas/NYE week, but not nearly as good as the $120 or so we paid in 2015. If I was signing up again, I would be a little better at locking in rates for a long time.
At $386/night they better have the A/C problems fixed and have hot water! In order to reflect that price point, standards and amenities are expected. Currently it seems they are lagging. 7 weeks ago, they were seriously overpriced. Will check out progress of mprovements in 14 days.
Please go back and look at the last line in the snipit from the contract, begining with the words "failing that...". That gives them the contractual right to increase the rate by the increase in the costs of operations instead of the CPI. Even with the cost of the reno, I can't figure out how they can justify the member rate increase from 2016 to 2018 (about 66%), but it would be hard if not impossible to fight. In spite of feeling taken advantage of, I admit the member rates are still a great deal, especially if compared to rack rates or even referral rates.
