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 give you some knowledge of Monarch Grand Vacations.
Much of this information is taken from www.MonarchGrandVacations.com
By Bill Bunker
Last update: 11-Sept-2004
Monarch Grand Vacations & Pacific Monarch Resorts
Pacific
Monarch Resorts (PMR) is a California based developer of timeshare
for over 18 years. They have several locations within driving distant from Los
Angles. All locations are “5 Star” with Interval International.
PMR
has four original resorts in California
include Palm Canyon Resort & Spa in Palm
Springs, Riviera
Beach & Spa and RivieraShores
in DanaPoint,
and Riviera Oaks in San Diego Country Estates.
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 in even years. The size and season of the
villas is dependant on the number of points they originally purchased.
Monarch
Grand Vacations (MGV), multi-resort, points-based
vacation ownership program was launched in 1999 by Pacific Monarch. 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.
Pacific
Monarch Resorts currently manage as stand alone and MGV locations:
·
Riviera Beach & Spa Resort (DanaPoint, CA)
·
Riviera Oaks Resort
& Racquet Club (North San
Diego County, CA)
·
PalmCanyon Resort & Spa (Palm Springs, CA)
·
RivieraShores Resort (DanaPoint,
CA)
Monarch Grand Vacations (exclusive MGV
location)
·
Cancun Resort (Las Vegas, NV)
·
Cabo Azul Resort (Los Cabos,
Mexico.) (Opening
Summer 2005)
Monarch Grand Vacations location (not managed by PMR)
·
Cedar Breaks Lodge & Spa (Brian 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
- Reserve 12 months ahead for 7 or more days
- Reserve 9 months ahead for 6 or fewer days
- Villa size and season vary with # points
- Example:
- 144 points is a week
at a two bedroom during platinum season
- 110 is week at one
bedroom during red season
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
- Any MGV resort
- Dawn to dusk use of swimming pools, owners’ lounges and all common
area facilities
- World-wide trades via Interval International
- You reserve a week at any MGV resort then deposit that week for a
trade with II.
- 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
- The original ownerships at PMR can be upgraded to
MGV but is not an insignificant cost.
- Prices for villas are all over the map. I’ve
seen people selling 1 week (133 pts) at Palm Canyon only, for $9000 and
others selling the same number of points in MGV for <$2,500. Remember
MGV points are issued once every 2 years for use in that 24-month period
so you would need ~250 points for a full week each year.
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.