The solution they arrived at preserves both. Existing deeded owners keep their fixed weeks, exactly as before. The board continues to set maintenance fees and dues annually. Nothing changes for owners who want it to stay the same. New owners, however, have access to Capital’ s points system, which offers far greater flexibility— the ability to use their ownership at other Capital properties, travel at different times of year, and customize their vacation experience in ways a fixed-week deed cannot.
“ Some of our owners have told me directly— we’ d like more flexibility,” Douglas says.“ Capital brings them that. And for owners who love their fixed week the way I love mine, nothing changes. I think that’ s actually a really elegant solution. You don’ t force anyone to give up what they value, but you make sure new owners have access to the best of what modern vacation ownership can offer.”
Capital Vacations also operates an on-site sales presence to work with owners who may want to voluntarily convert from their deeded week to the points system— offering those who want expanded options a clear path to get there, while never pressuring those who are content with what they have.
A Resort Reborn
The partial reopening of floors five, six, and seven has already produced the moments Douglas spent three years imagining. When he asked General Manager Lashley how things were going in those first weeks back, the answer was simple and completely telling: he was seeing people hug each other in the hallways and the lobby. Owners who only see each other once a year, reuniting after three years apart, in a place that means something to all of them.
The physical resort they’ re returning to is meaningfully better than the one they left. The pool deck renovation, completed just before the closure, represents more than $ 1.5 million in investment— an expanded hot tub, a fire pit area, a premium grilling station, and amenity levels that Douglas says exceed what most properties in this tier can offer.
Every room faces the ocean and opens onto a private balcony— a feature Douglas calls one of the Maverick’ s most distinctive assets, and one that is genuinely rare in this market. The rooms themselves were redesigned under his direction to function as flexible one-bedroom units, with a sleeping area that can be closed off to create a true bedroom configuration, plus full efficiency kitchens with microwaves, stoves, and refrigerators.“ Resorts in this tier usually don’ t have amenities like ours,” Douglas says.“ I’ m very excited, actually, to get to use all of it.”
The remaining floors are still being brought back online, and the work continues. But the direction is clear, the partnership is solid, and the owners are coming home.
Looking Ahead
Douglas will be at the Maverick this summer with Gayla and their new granddaughter— three generations at the resort his mother discovered in the eighties, continuing a tradition that survived hurricanes, a three-year closure, near-bankruptcy, and everything else the past few years threw at it.
“ This place was ripe for a turnaround, not bankruptcy,” he says.“ It’ s a beautiful property in a beautiful location. I just had a feeling— once we got reopened, our owners were going to come back. And they have.”
The hugs in the hallway say everything.
Just steps from the Atlantic
For more information on how Capital Vacations Resort Management can assist your resort, contact Jason Badlam at 843-630-6696.