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Timeshare Users Group Advice: Monarch Grand Vacations and Pacific
Monarch Resorts
|updated:
6/30/08 |
The
information in this article is
correct to the best of my knowledge. I am not an employee of Monarch
Grand or
Pacific Monarch, just an owner of points. I have not been paid for this
article. The purpose is to enhance your knowledge of Monarch Grand
Vacations.
Much of this information is taken from www.MonarchGrandVacations.com
By Bill
Bunker
Updated June 27, 2008
Monarch Grand Vacations & Pacific Monarch Resorts
Monarch
Grand Vacations
(MGV), multi-resort, points-based
vacation ownership program by Pacific Monarch Resorts (PMR). The MGV
program
currently has over 50,000 owner families.
All future resort development and sales by Pacific Monarch
will relate
solely to the Monarch Grand Vacations program. Presently this consists
of
villas at each of the existing PMR resorts, as well as the new resorts
that
have been developed for the exclusive use of MGV.
The
developer:
Pacific
Monarch Resorts is
a California
based developer of timeshare.
They have several locations within driving distant from Los Angles.
PMR
has four
original resorts in California
include Palm Canyon Resort & Spa in Palm
Springs,
Riviera Beach
& Spa and Riviera
Shores
in Dana Point,
and Riviera Oaks in the hills outside of San Diego..
Many
owners at these PMR locations are not Monarch
Grand
Vacations owners.
They mostly own floating weeks/points at one
of the locations only. Many own EOY (every other year) units in which
they can
use their unit only in odd or even years. The size
and season of the
villas is dependant on the number of points they originally purchased.
Monarch
Grand Vacations currently
manages as stand alone and MGV
locations:
·
Riviera Beach
& Spa Resort - I & II (Dana Point,
CA)
·
Riviera Oaks Resort
& Racquet Club (North San Diego County, CA)
·
Palm Canyon Resort & Spa (Palm Springs,
CA)
·
Riviera Shores Resort (Dana
Point,
CA)
Monarch Grand
Vacations exclusive locations
·
Cancun Resort (Las Vegas,
NV)
·
Cabo Azul Resort (San Jose de
Cabos, Mexico.)
Monarch Grand
Vacations location (not
managed by MGV)
·
Cedar Breaks Lodge
& Spa (Brians Head, UT)
·
Desert Isle of Palm Springs
(Palm
Springs)
·
Tahoe Seasons
Resort (South
Lake Tahoe)
How
Monarch Grand Vacations
works
Vacation
Ownership Points . .
.
- Points awarded every two years for
use anytime in the next 24 months
- Use at any MGV resort
- Full weeks or mini-vacations
- Any size villa
- Example:
- 144 points is a week at a two
bedroom during platinum season.
- 133 points is a week at an one
bedroom during platinum season.
- 111 points is a week at a one or
two bedroom during high season.
- Points values at the new resort in
Cabo, are much higher.
Monarch Escape Time . . .
- Unlimited extra rental nights at an
owner-preferred rate*
- Short-notice, one to four night
reservations
- Use at any MGV resort
- Accommodations over and above
Vacation Ownership Points
Day Use . . .
- Any MGV resort
- Dawn to dusk use of swimming pools,
owners’ lounges and all common area facilities
Trading . . .
- World wide trades via Interval
International
- You reserve a week at any MGV
resort then deposit that week for a trade with II.
Resell info . . .
- MGV charges $100 to transfer
ownership points to a new owner
- There is no deed, so closing cost
should be very reasonable.
- MGV charges $300 to combine new
ownership points to existing owner account
- Non MGV
ownerships at any MGV location can be “converted” to MGV for a $2000
charge.
- There are MGV memberships of 72
points. This should be avoided. There are no
units which can be reserved for a full week for 72 points. Meaning that
trading within II is not possible for owners of a 72 point membership.
- Prices for villas are all over the
map. I’ve seen people selling 1 week (133 pts) at Palm Canyon for $9000 and others
selling the same number of points in MGV for <$2,000. Anything under $10/point
is probably a good price. MGV
is currently selling at $45
– $60 point.
- There are many people selling their
MGV memberships which do not seem to know what they own. Since the name
on their resort info says MGV, owners at the MGV locations sometimes
think they own MGV when they own only at the single MGV location.
- There may be an advantage to owning
at a single MGV location. The maintenance
fees will be lower than for MGV and the number of
rooms available may also be better ( since the rooms in each ownership
group are handled as a separate pool of rooms).
Remember points are
issued once every 2
years for use in that 24-month period.
Point
Roll-Over, Banking or
Borrowing
There
is no roll-over, banking or borrowing of points.
The logic is that a two-year use period
provides ample opportunity for owners to utilize their points. The alternative is to make
full week
reservation with Monarch Grand Vacations and then deposit with Interval
International thereby extending the opportunity for use beyond 24
months. MGV will
also let you buy just few points to
complete a reservation (5 pts).
Premier
memberships
For
those owners with more than 600 MGV points there
is now a new program of premier memberships.
Why become a
TUG member?
There is an
extended TUG resort reviews database here on this web site available
only to TUG members. There are over 4000 resorts covered by this
database now and growing weekly. The reviews also include pictures of
the resorts, general resort information and a list of owners' email
addresses who are willing to answer additional questions regarding the
resorts not covered by the detailed reviews. This is a quick
way to see how our members rate the resorts which they have actually
stayed at. It has become a valuable source of information to use when
planning for exchanges.

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updated Jun 30, 2008 by B. Rogers - Send email regarding
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