Time share concerns
April 10, 2002
I am writing to express my concerns regarding the content of the article which appeared in the March 25 issue, entitled “Aspen prepares to jump on the time share bandwagon.”
The portion which concerns me is contained in paragraph 9: “The code will require a bar or restaurant, conference or meeting facilities, or retail space that must be designed to serve the general public.”
Based on my experience with time shares, and interval ownership, plus my experiences serving on the board, if it is the intent to require all the above services in a facility, I can’t imagine that any such facilities would wish to have the inherent problems associated with a bar, a restaurant, etc., considering health codes, licensing and availability of adequate help.
Furthermore, it seems that every time I pick up a paper, or come to Aspen, one or more restaurant and bar or retail establishment has closed. If the professionals can’t make a success of it, how in the world can we average Joes do it?
It may well be that I am reading things into the article which were not intended. If so, let’s clarify these issues up front.
Furthermore, I feel that the minimum requirement of 1/10th ownership is too restrictive. At present I own three 1/15th time shares and it works well, considering the need for repair weeks (seven) and vacation time requirements for our workers, which are concurrent with the work weeks.
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From my observations, hardly any of the existing facilities provide a bar or restaurant on premises, and I doubt that many will rush to comply with these requirements. Perhaps we should revisit these proposals.
William L. Blake