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Royal Mayan

02 Nov

The Royal Mayan will be sold. Tentative plans are to look for qualified bidders through April 1, 2013 when the submission of bids is due. Bids will be enclosed in a sealed envelope and opened on June 19, 2013. The bids will be analyzed through June 27th with the selection scheduled for June 28, 2013. These dates are subject to change depending on the interest of a company or investors wanting to purchase The Royal Mayan. If no bids are acceptable, The Royal Mayan will continue to be up for sale until a suitable buyer can be found.

The Owner’s Manual is looking for investors to submit a bid which would include owners who would like to repatriate their residual amount of a sale that would be due to them (we are estimating your proportionate share will be approximately 30% – 35% of your original residual value) and continue using The Royal Mayan, retaining your full residual amount for the next four and a half years until The Royal Caribbean Trust expires. At this time, if the new owner (investment group) feel they may achieve a better price if all three resorts, The Royal Mayan, Caribbean, and Islander were sold together, you will have the option to sell your villa at the new appraised price at the end of The Royal Caribbean Trust or continue on until the end of The Royal Islander Trust in 2023.

Please respond with your comments if you think this is a viable path to take, and if you are a Royal Mayan owner, would you be interested in repatriating your residual value for an additional 4 1/2years? We will be sending a survey to The Royal Mayan subscribers that we have in our database, but we probably only have half of the total Royal Mayan owner’s list. Please send us the name and address of other Royal Mayan owners so we can send them a survey.

 
3 Comments

Posted by on November 2, 2012 in Uncategorized

 

3 responses to “Royal Mayan

  1. Patty Havard

    March 18, 2013 at 2:43 am

    We are also owners at the Mayan – as well as the Islander – so we are definitely interested in this “extension” proposal. Please send details!!

     
  2. Frank Pulaski

    February 1, 2013 at 4:34 pm

    Hi.. I am an original owner @ the Royal Mayan of one week. I would be interested in the proposal put forth above… what is the process to make this happen?

     
  3. Mark Blondin

    November 3, 2012 at 3:06 am

    Thank you for this blog! I think this is an interesting option. I have been a member at the Royal Mayan since 1988 and would love this to work out. There are many questions that come to mind, such as continuing relations with Royal Resorts. Would we continue to be considered members? I look forward to any details you would publish. We wish you well with this effort. If the details work well, I would certainly consider being part of it. Good luck!

     

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