I have been a renter and a VIP owner from my very first purchase. I dont know how it happened, but it did. I bought 3 contracts on ebay and became a silver VIP. I didnt know anything about discounts and upgrades, so I looked for the highest demand reservations at the locations with limited supply. and if I saw a decent spread between my cost (mf) and what i could get in rent, I made the reservation
as time went on I learned about discounts and upgrades and I learned how to become Platinum, cheaply (thanks guys.. for the education...you know who you are) and I started to exploit the cancel and re book trick. But I knew Wyndham had to stop the practice sooner or later.. and now they have
i am not moved by the argument that "this is a benefit we paid for" Its not. Its something we have been allowed to get away with. We have had a good run, but its over.
We are all gonna have to pay full price for the high demand reservations, most of the time. If you need a 3 bedroom you are going to have to reserve a 3 bedroom from the beginning.
As for us renters and owners that can be satisfied with the smallest units at a resort, I see a possible loophole. And that is that the smallest units at a resort cant ever be someones upgrade, so perhaps we can reserve these, and be free to cancel and rebook inside 60 days. So my job now is to determine which resorts have studios that can be rented at a profit if I can get them at half price
one bedrooms in San Francisco are 300000 points a week. so a week at half price will be about $125 a night.. Hotels in the same area are closer to $300
three bedrooms at Reunion are the smallest units there, at half of 285000 under $125 a night, I see profit potential there too
hotel rooms in New York at 275000 points are under $125 a night. I think there is profit to be had here too
how about my favorite, New Orleans at Mardi Gras. a studio is 126000 points a week, half price is about $50 a night. I have been able to rent these at $300 a night