Reserve Study for Vacation Ownership Resorts
Properties with divided forms of ownership or use rights may be known by different names throughout the world — Timeshares, Fractionals, Travel Clubs, or Vacation Clubs — but they all have one common need: a Reserve Study to make informed decisions, avoid surprise expenses, and budget responsibly for predictable repairs & replacements so that the high visibility areas & amenities create lasting good impressions on their guests.
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North Myrtle Beach, SC 29582 - Office: (843) 966-0550
Sample Reserve Study

HOA Board Heroes: Increasing Revenue for Timeshare HOAs!
HOA Insights: Common Sense for Common Areas
Episode #87
Paula DiPaola, a volunteer board member at Magic Tree resort for over 24 years, shares her secrets to managing a successful Timeshare HOA. Paula explains how she has kept maintenance fees steady for decades by implementing smart cost-saving measures, leveraging vendor relationships, and introducing innovative revenue strategies like the $150 weekly resort fee that generates $150,000 annually. From fostering community engagement to handling emergencies and building strong vendor partnerships, Paula highlights the importance of transparency, consistency, and hard work in HOA leadership.

Timeshares are Associations Too!
HOA Insights: Common sense for common areas
Episode #124
This week we welcome Jason Gamel, CEO of ARDA, to explore how timeshares function as associations. Robert and Jason discuss board responsibilities, budgeting, maintenance, and the hospitality layer that makes timeshares unique. See how major brands like Marriott and Hilton and even small self-managed resorts have boards ensure owner satisfaction, safety, and long-term success!
Other Clients
United States
- Knik Arms Condominium Assoc - Anchorage, AK
- Blackridge HOA - Hoover, AL
- Cliffside Lodge III - Fairfield Bay, AR
- Sanctuary at Avondale HOA - Avondale, AZ
- Stallion Meadows HOA - Acton, CA
- Village of Five Parks Assoc - Arvada, CO
- Palmer Landing Community - Stamford, CT
- Lonsdale Court Condo - Washington, DC
- Harbour Cove - Ocean View, DE
- Ashton Oaks at River Hall - Alva, FL
- Triple Creek at Malcolm Bridge - Bogart, GA
- 3031 Grand Condo Assoc - Des Moines, IA
- Gozzer Ranch - Master Assoc - Harrison, ID
- Sherman Place Condo Assoc - Evanston, IL
- Wolf Creek Village II COA - Evansville, IN
- Chalet Condos - Overland Park, KS
- Bent Tree Condo Assoc, Inc. - Lexington, KY
- 1750 Saint Charles Condo - New Orleans, LA
- Fernhill Estates Condominium - Methuen, MA
- Prestige Condominium Assoc - Oakland, MD
- Oliver B Dorrance - Portland, ME
- Sundance HOA - Zeeland, MI
- The Colony at Edina Condo HOA - Edina, MN
- Gillham Row Master CA - Kansas City , MO
- Oak Glen Condo Assoc - Ocean Springs, MS
- Meadow Lake - Columbia Falls, MT
- Laurelwood COA - Asheville, NC
- Summit Condo HOA - Fargo, ND
- Beebe & Runyan Condo Assoc - Omaha, NE
- Thoreau's Landing HOA - Nashua, NH
- Valley Heights Townhouses, Inc. - Clifton , NJ
- Residences at Anasazi - Albuquerque, NM
- Carnegie Heights HOA - Henderson, NV
- 153 Garfield Place - Brooklyn, NY
- Woodhawk Club Condo - Mayfield Heights, OH
- WorldMark Grand Lake - Afton, OK
- Julian Square HOA - Ashland, OR
- Davisville Baptist Church - Southampton, PA
- The Residences at Stone Creek CA - Lincoln, RI
- Sun City Hilton Head C.A. Inc. - Bluffton, SC
- The Bluffs Townhomes Assoc - Sious Falls, SD
- Vineyard @ Twelve Stones - Goodlettsville, TN
- All Saints Presbyterian Church - Austin, TX
- Wolf Creek Rec Facilities Assoc - Eden, UT
- Orchard Grove CA, Inc. - Chesapeake, VA
- Clay Brook at Sugarbush Unit OA - Warren, VT
- Anacortes Marina - Anacortes, WA
- Regency View Condos - Racine, WI
- DWC Schools - Phase I - Wheeling, WV
- Ucross Foundation - Clearmont, WY
US Territories
- AOO Alupang Cove Condo - Tamuning, Guam
- Aquarius VC at Boqueron Beach - Cabo Rojo, PR
- Bluebeard’s Beach Club - St. Thomas, USVI
- Club Cala de Palmas - Humacao, Puerto Rico
- Westin St. John Virgin Grand - St. John, USVI
- Elysian Beach Resort - St. Thomas, US Virgin Islands
- Golden Sands/Aquarius Vacation Club - Dorado, PR
- Hacienda Del Mar Owners Association - Dorado, PR
- St. C Condo Owners - St Croix, US Virgin Islands
- Valles de Torrimar Condominium - Guaynabo, PR
International
- Surfers Paradise - Queensland, Australia
- Bimini Bay HOA, Ltd. - North Bimini, Bahamas
- Board #813574 - Canmore, Alberta, Canada
- Arbour Shade - Cochrane, Alberta, Canada
- Worldmark Victoria - Victoria, BC, Canada
- Worldmark Canmore - Canmore, Alberta, Canada
- Banff Gate Mountain Resort - Canmore, BC, Canada
- Strata Plan VR 2023 - Whistler, BC, Canada
- The Buckingham Macau - Macau, China
- 47 Park Street - Mayfair, England
- Village d’Ile-de-France - Bally Romainvilliers, France
- Cabo Villas Beach Resort - Cabo San Lucas, Mexico
- Diamante Cabo San Lucas - Cabo San Lucas, Mexico
- Grand Regina Los Cabos - Cabo San Lucas, Mexico
- Grand Solmar Resort- Ph 1 - Cabo San Lucas, Mexico
- Playa Grande Resort - Cabo San Lucas, Mexico
- The Ridge at Playa Grande - Cabo San Lucas, Mexico
- Villa del Arco Timeshare - Cabo San Lucas, Mexico
- Villa del Palmar – Cabo - Cabo San Lucas, Mexico
- Villa La Estancia – Cabo - Cabo San Lucas, Mexico
- Villa del Palmar – Cancun - Cancun, Mexico
- Westin Lagunamar Ocean Resort - Cancun, Mexico
- WorldMark Isla Mujares - Isla Mujeres, Mexico
- ADC de la Torre Libertad - Mexico City, Mexico
- Playa del Sol Grand Ph 1 - Nuevo Vallarta, Mexico
- Villa del Palmar Flamingos - Nuevo Vallarta, Mexico
- Villa La Estancia Vallarta - Nuevo Vallarta, Mexico
- Garza Blanca Preserve - Puerto Vallarta, Mexico
- Playa del Sol Costa Sur - Puerto Vallarta, Mexico
- Playa del Sol Los Muertos - Puerto Vallarta, Mexico
- Villa del Mar Timeshare - Puerto Vallarta, Mexico
- Villa del Palmar – Vallarta - Puerto Vallarta, Mexico
- Cabo Azul Resort & Spa - San Jose del Cabo, Mexico
- WorldMark Coral Baja - San Jose del Cabo, Mexico
- WorldMark Zihuatanejo - Zihuatanejo, Mexico
- Villas Xiguacan - Zihuatanejo Gro, Mexico
- Marriott VCI Playa Andaluza - Estepona, Spain
- Marriott VCI Mallorca Son Antem - Mallorca, Spain
- Marriott VCI Marbella Bch Resort - Marbella, Spain
- Marriott’s Bangkok Empire Pl - Bangkok, Thailand
- Marriott’s Mai Khao Beach Club - Phuket, Thailand
- Marriott's Phuket Beach Club - Phuket, Thailand
- Alexandra Resort - Providenciales, Turks & Caicos
- Marina Promenade - Dubai, United Arab Emirates
What Our Clients Have to Say
A registered professional engineer, Robert has been involved in the Community Association industry since 1982. Robert founded Association Reserves, Inc. in 1986 and has pioneered many widely used reserve funding concepts. For his expertise, he earned the Community Association Institute’s (CAI) Reserve Specialist (RS) designation and has the distinction of being RS #5. Robert was involved in creating the 1998 National Reserve Study Standards and has greatly influenced the Reserve Study industry. He is a past Chairman of CAI’s Reserve Professionals Committee, past Chairman of the Association of Professional Reserve Analysts, and past President of the Community Association’s Institute (CAI) Greater Los Angeles Chapter. Robert regularly writes on the topic of Reserve Studies and is a frequent speaker in industry-sponsored seminars and presentations throughout the United States. He is often called to serve as an expert witness in litigation involving reserve issues.
DJ graduated from California State University, Northridge with a business degree in 1996 and started working at Association Reserves shortly thereafter. He has been responsible for the growing Arizona client base since 1997. He has completed thousands of Reserve Studies for properties ranging from simple developments with minimal assets to complex international resorts. For his expertise, he earned the Community Association Institute’s (CAI) Reserve Specialist (RS) designation and has the distinction of being RS #61. DJ and his family relocated to the Phoenix area in 2003 to establish the Arizona regional office. From this office, he is able to serve Arizona and New Mexico clients full-time, including large master planned communities in the Phoenix, Tucson and Albuquerque metropolitan areas. DJ has expanded his reach into Mexico, and he has prepared Reserve Studies for timeshare resorts and communities in Rocky Point, Cabo San Lucas, Cancun, and Puerto Vallarta. DJ is an active member of CAI and the Arizona Association of Community Managers (AACM). He has also been an instructor on the subject of Reserves for training courses offered by both of these organizations.
David Whann, MBA, RS, EBP joined the Association Reserves – FL team in 2016, and now represents Association Reserves as the Director of Operations. A lifelong Florida resident, David obtained both his Bachelor’s Degree in Accounting and Master’s Degree in Business Administration from the University of South Florida. He has prepared Reserve Studies for a wide range of property types, from luxury high-rise properties to sprawling single-family home communities. David earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #369). David’s other responsibilities include the development of internal tools and systems to ensure our studies are accurate, comprehensive, and consistent with the latest industry trends and knowledge.