We stayed at BIS via a timeshare exchange. Not much has changed since our last stay. Yes,…read morefurnishings are dated. Yes, our coffee maker needed to be replaced the first morning on site. And, yes, the front right burner on our stove didn't work, but, the three other burners did. So, what am I saying? Despite the shortcomings, our unit was reasonably clean and comfortable. And, the TV's and washer and dryer were updated. Check in staff was courteous and thorough. The beach was fantastic although I went after 5 most days. Yes, I've read the reviews telling folks to stay away. You can, but, you'll be missing out on a diamond in the rough. A Sleep Inn opposed to a JW Marriott.
When checking in, I noticed some story boards highlighting some changes that may be in the future. Could it be fractional ownership? It could work if fees are reasonable. Privately owned BIS condo fees run up to around $1,000 per month but also include some stuff like tv, Internet, flood insurance and the like. I've seen quarter shares,as in 13 week ownership PLUS annual maintenance fees for EACH WEEK!No way, ever, would I fall for that. Instant bankruptcy, lol.
BIS, if they're like most timeshare associations face maintenance fee delinquency rates of about 50% of owners. Not good. One I belong to is dissolving and selling units outright, starting with mine, so, I'm done there. Sad.
Perhaps folks with vision and consumer value in mind, while making a decent profit, of course, can turn these properties into gold again. Recommend.