WM 2016 Rate changes: Housekeeping, Bonus Time and new TOT

The following 2016 updates are posted to the Worldmark home page.

Quote:

Originally Posted by WM 2016 Adjustments to Bonus Time and Housekeeping Source: http://ift.tt/1NPXEKt The 2016 WorldMark, The Club annual budget was recently approved by the WorldMark Board of Directors at their October meeting. During a time when prices are increasing daily due to higher energy and utility costs, increased healthcare and labor costs, as well as higher taxes and regulatory requirements, we are happy to report that Bonus Time will only increase by one-fifth of a penny per credit from $.058/credit to $.060/credit, with a minimum of $50 USD for each night reserved. WorldMark was able to keep costs under control thanks to sound management and leveraging our Developer's resources and contacts. For those owners utilizing additional housekeeping services beyond their annual complimentary allotment, there will be a slight modification to directly cover increased costs for housekeeping staff and cleaning products and services. The 2016 housekeeping fees will follow the schedule <see WM website>. All changes will be effective Jan. 1, 2016.

Quote:

Originally Posted by WM Updates to Resort Taxes Source: http://ift.tt/1NPXEKv Many of our WorldMark resorts are located in areas that require collection of a lodging, occupancy or goods and services tax. These rates change each year, and occasionally new taxes are imposed on certain WorldMark resort locations. Effective January 1, 2016, many of these tax rates will be increasing, and a few will be decreasing. Also, 19 additional WorldMark resorts have been subjected to a new tax, effective on all stays confirmed on or after January 1, 2016.

WM 2016 Rate changes: Housekeeping, Bonus Time and new TOT