Insights About The Divi Caribbean Timeshare Resorts
Monday, March 19, 2007
Additional information about the timeshare company, Divi Resorts that timeshare buyers need to know.
Rarely do I write three consecutive blogs about the same timeshare company, but as I became aware of new information about Divi Resorts, I thought it was important to keep you up to date.
The Cayman Net News is reporting that after closing the Divi Tiara Beach Resort in September of 2006, Divi resort management has announced they have made a business decision to also close their Cayman Brac operations. According to Mark Steward, vice president of sales and marketing at the Divi Tiara Beach Resort, “As part of a strategic plan to refocus its resources on potential growth markets in the Caribbean, Divi Resorts has decided to cease business operations at Divi Tiara Beach Resort in Cayman Brac.”
Whether or not the timeshare resort buildings at Tiara Beach and Cayman Brac are on the market, is not immediately clear, although the rumor mill does indicate that Divi management is in discussion with some interested parties.
Why this decision? Why now?
According to Steward, “Certain economic realities of continuing a dive-oriented resort on Cayman Brac also influenced our decision. Factors included airlift issues, which have affected Divi Tiara’s dive guests in particular as they need to bring additional gear for their sport; increased competition from the growing number of niche market dive destinations throughout the Caribbean; and weather which in the past years has pushed up insurance costs.”
Closing some timeshare resorts at the same time the company is renovating others isn’t necessarily either a negative or a positive indicator. After all, bigger is not necessarily better from the perspective of the consumer. On the other hand, if you are shopping for a Divi Resort timeshare or timeshare resale, do your homework before you buy. No vacation ownership resort company can promise you that they will be operating the same resorts five, ten, or twenty years in the future that they are operating on the day you buy your interval timeshare. But if you have your heart set on staying at a Divi Caribbean timeshare resort and visiting specific dive sites, make sure it is at least an option at the time you make the decision to buy timeshare.