Marriott Grand Chateau Las Vegas timeshare

I’m trying to learn more about timeshares and condo hotels so this article on the Marriott Grand Chateau in Las Vegas was an interesting read for me. A one-bedroom condo goes for $16,000, earning you one week/year, while $75,000 puts you in a three-bedroom for one week/year. The maintenance fee isn’t given in this article, but 500-1,000/year seems typical to me.

I haven’t decided what I think about timesahres yet. I’m not sure there is one place where I want to spend one week of every year vacationing unless it’s Rome where I want to spend most of my life. It’s true that you can use your Las vegas timeshare to go to some other resort, as in this case: “purchasers not only gain access to the entire Marriott portfolio of vacation clubs, but also all similar properties repped by Interval Travel, which handles more than 75 international markets.”

I suppose if the annual upkeep fee is significantly lower than a nice room in a resort would cost you over a week, then purchasing a timesahre would be worth it.

Filed Under: Vacation property

About the Author

Comments (17)

Trackback URL | Comments RSS Feed

  1. long says:

    I like to know more about the price, term. Beside, there will be any other cost (yearly) share of your property ??????

  2. Eric says:

    Don’t buy it with the intention of trading it every year. The trading has to go thru a 3rd party company and the options are very limited. Buy it if you intend to go 90% of the time

  3. Elizabeth says:

    It seems to me that it would only make sense if the initial investment ($16K or $75K or whatever) was also going to improve in value. But from my point of view, I’d just take the $1K and gamble in Las Vegas, because if you spend that, there’s a good chance the hotel/casino will comp you a room for your next trip–and then, too, there’s always the chance that you will win!

    Note that this advice is only good if you enjoy gambling.

  4. Andrea says:

    Please think hard before buying. A lot of people get into buying timeshares w/out full knowledge about how it works. I personally think $16,000 for 1 bed timeshare ‘anywhere’ is a lot of money if you’re only spending 1 wk out of the year. You have to pay perhaps the monthly nortgage, maintenance fee, plus- there’s an annual fee for joining interval international (if you’re timesharing in another country) and another annual fee for interval Gold. You could split the cost with someone else who’s interested in buying. You both have your own separate contracts; you pay $8,000 and the other pay $8,000. Or, try buying from a previous owner who’s trying to get rid of theirs- you always come out cheaper than going to the timeshare association. Once you purchase a thimeshare they’re hard to get rid of.

    Good luck!!

  5. june says:

    My husband & I have owned a Marriott timeshare for 10 years & have only positive things to say. We bought an off season 2 week unit, but have only stayed there 2 or 3 times. The yearly fees/taxes,etc are approx. $900. a year & Interval Internationl dues are $79. There is a deposit fee of $75.,which for our 2 weeks comes to $150. That’s it.

    I always deposit my weeks with II & place requests 4-6 months ahead of time. We have been to Vail,CO.,Park City, Utah (during ski season),Hilton Head,Hawaii,Orlando + have given several weeks to our kids. Marriott time share units are not even comparable to hotel rooms. You basically have a very clean,nicely decorated apartment, complete with kitchen utensils, etc.

  6. june says:

    My husband & I have owned a Marriott timeshare for 10 years & have only positive things to say. We bought an off season 2 week unit, but have only stayed there 2 or 3 times. The yearly fees/taxes,etc are approx. $900. a year & Interval Internationl dues are $79. There is a deposit fee of $75.,which for our 2 weeks comes to $150. That’s it.

    I always deposit my weeks with II & place requests 4-6 months ahead of time. We have been to Vail,CO.,Park City, Utah (during ski season),Hilton Head,Hawaii,Orlando + have given several weeks to our kids. Marriott time share units are not even comparable to hotel rooms. You basically have a very clean,nicely decorated apartment, complete with kitchen utensils, etc.

  7. Tom says:

    We have owned a timeshare for a number of years and love it. My advice is to look for the best deal you can find and don’t worry about the location. We have never seen the resort we own in, but have traveled extensively in the U.S. and Europe, always using trade and bonus weeks. Last year we had a 3 bedroom unit in Malaga, Spain for a week and only paid $179.00 for the week! The unit we own costs less than $2000.00 because the currency exchange rate was very favorable in the country we purchased in.

  8. Josie says:

    In 1995, My husband and i purchased at Polo Towers , which is located in front of the Mariott in Las Vegas, on the Las Vegas Strip. Since we bought when we did, yes the Value has increased, and we have thought about selling, but we stop short of doing it. We visit Vegas for 1 full week, at which we use the condo, and two extended weekends thru the year. I enjoy the Condo,waaaay more. The opportunity to leave the constant DING…DING of the machines make it all worth it. Also the Resort is not open fot the public to use it`s ammedities. So for family`s that travel with young one`s, when the day is over, the peace and quiet is welcomed. Regardless of your maintnance fee, we have SAVED THOUSANTS by our purchase. And besides, if we feel the need to be right in the casino, we book there for one of our long weekends.

  9. James Trotta says:

    Interesting commnts everyone! Tom, can I ask what kind of timeshare you own? Is it Mariott for example?

  10. tom says:

    I think our unit is an independent resort. We have a red (high season) week in Capetown, South Africa. We only have a one bedroom unit, but have always traded into two and three bedroom units for our family. We have stayed in Marriott timeshares several times, both on trades and bonus weeks through RCI. When traveling with children it is hard to imagine going back to staying in hotels.

  11. James Trotta says:

    That is interesting. So you can trade into a different resort brand? It sounds like I should go buy one in Malaysia for 500 bucks (400/year fee, which is more than a 4 star hotel for a week) and then trade into one is Spain and what not. Although I do love Malaysia…

  12. Tom says:

    Most timeshare resorts are members of either RCI or Intervals International, with RCI being the largest by far. This gives you the option of trading through the association with hundreds of different resorts. Also the associations have something called bonus weeks. Bonus weeks are unsold weeks that resorts have and they are renting those weeks to RCI members to generate more revenue. We had a brand new 2 bedroom in Orlando, on a new Arnold Palmer designed golf course last December for $250.00 for the week. We use bonus weeks two to three times per year and generally we have the entire week for the cost of one or two nights in a good quality hotel. We recently returned from California where we had a two bedroom on the Pacific Ocean, north of San Diego for $200.00 per week. With young children, having a kitchen and washer/dryer is a huge plus. These units tend to run around 1000 -1200 square feet for a two bedroom, so a week is like living in an apartment.

  13. James Trotta says:

    Sounds like RCI is the way to go then. And then any timesahre that’s a member of RCI. Very interesting. I really appreciate the good information.

  14. Dan Maher says:

    As in anything if you use it it works. But, you must use it (Timeshare), it is why over 10 million people are doing it they all can’t be wrong, it is the way too travel..advice:

    Buy Low trade High…

    Have Fun we all need a Vacation…

  15. Mike Stevens says:

    My wife and I purchased a Marriott timeshare (1 week high season) about a year and a half ago. We’re having a moderate degree of difficulty with Interval International – Marriott’s trading partner. Also having a moderate degree of difficulty with Marriott on the matter of trading as well. What was said and demonstrated in the sales extravaganza is not what really happens. If I had time to spend on-line, servicing my own account – making trades etc, I think it would be a good value. The way it is right now, I’d say – anyone want to buy a timeshare in Branson??? Good luck and just keep your eyes open for potential ‘got-cha’s’ and you’ll be ok. It’s all about what value it means for you…

  16. JOSIE says:

    James, my husband and i own at Polo Towers in Las Vegas. It is located directly in front of The Marriott on the strip. If you REALY decide you want to own, contact us. We are selling, CHEAP, all maintance is paid for 2007, and 2007 week will be available. We have all info, and the many people we have spoken to say exchange is thru RCI. Our set week is the first full week of June when the weather is absolutely increddible. For us personally, we have NEVER had a problem using our week ANY time of year.

  17. JOSIE says:

    James, by the way, e-mail is jo1don2@verizon.net. [if you would like info]

Leave a Reply




If you want a picture to show with your comment, go get a Gravatar.