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WinPointVIP lifetime membership

raygo123 said:
I understand that. And, how many of those cancel and rebook, are done with credit pool points, so more can be booked at a later date with current year points returned from the cancel rebook process? Now, all those resale points have turned into solid bookings using the cancel rebook and originally ARP from current use points. Today, those resale points are now doubled in value( via 50% discount). Now, Wyndham changes the rules and only direct point can be used for cancel and rebook.( It is a VIP only program) And resale points need to be pooled before use year begins. The multiplier effect is gone. Now only club access points can take advantage of ARP, and only VIP points could cancel and rebook. It dramatically reduces the number of point available to run the program.

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All that you seem to be saying is that Wyndham my change the VIP program

And if they do it will be a whole lot less desirable to own a VIP account. And also a whole lot less desirable to buy access to a VIP account through winpoint

The question remains the same

does it make sense to pay anything for a VIP account.?

If the answer is no then neither option makes sense. If yes than you have a decision to make. Buy your own account from Wyndham or buy access to an account(s) through winpoint VIP or perhaps find another way
 
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Braindead said:
I believe only VIP points purchased directly from Wyndham are to get any discount & free upgrades currently according to the rules. Wyndam just hasn't updated their software to inforce the current rules.
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Ray what you are saying is already in effect today
 
I inquired with WinPointVIP and they told me:

"All of our points come from owners who bought from Wyndham and they are all platinum or presidential reserve"
 
You only get VIP with direct points but ounce you get to platinum you can add tens of millions resale points & get VIP treatment on all of your points as it stands today with Wyndhams software
 
Yes, less desirable as an income stream. The rest depends one ones goals. It is not an either or. It would be a benefit to make these changes for those that are interested in going where they want when they want. It is not a benifit in any way to double the number of points , and have no increase in where and when to go.
That is what is happening with winpoint. I will not cry for them if they go away

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I forgot VIP you can count PIC points program. You will never make money only purchasing direct & renting!!!! Mega renters have to ad resale to be profitable
 
raygo123 said:
Call Wyndham and ask if platinum member's can deposit resale points in the 11th month, then tell me it's in effect today.

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Nobody is going to pay $150.00 for points & rent them for $6.00 ounce a year & pay $5.00 of that in maintenance fees !!
 
Nope, not worth the hassle. Now take away resale benifits, and as you said, not worth it. But, now its mf of $2.5 or less and a payback of $6. Is winpoint paying the owners more when they use thier points more than once? Or is all discounts passed on?

Could you make money at $.025 per and rent at $6? With cancel and rebook you could.

If you rented instead, what's your payback now? No upfront cost, and you have, about $1000/ vacation to spend. conservatively, that's the same as using winpoint.

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If I understood an earlier post the math doesn't change. If your a Winpoint member you get the discount & if your allotment is 500k points you could end up using 1,000,000 worth of points if you get the 50 percent discount on all reservations. And any upgrades on top of that
 
Braindead said:
If I understood an earlier post the math doesn't change. If your a Winpoint member you get the discount & if your allotment is 500k points you could end up using 1,000,000 worth of points if you get the 50 percent discount on all reservations. And any upgrades on top of that
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Doesn't change? 500,000 points cost you $3,000 if you get half back, that's 250,000.

Do you get your money back on the 250,000 or do you have to use them by end of year?

The reason winpoint has that many points is the owners could not use them, or a renter.

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raygo123 said:
Doesn't change? 500,000 points cost you $3,000 if you get half back, that's 250,000.

Do you get your money back on the 250,000 or do you have to use them by end of year?

The reason winpoint has that many points is the owners could not use them, or a renter.

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What Braindead is saying is a Winpoint member could end up with reservations that would have taken a non VIP 1,000,000 points to book but they got that reservation at the 50% discount and paid $6 times 500 for those reservations for that year. No one got any money back and winpoint managed the extra points doling them out to other winpoint members before the end of the year.
 
raygo123 said:
Yes, less desirable as an income stream. The rest depends one ones goals. It is not an either or. It would be a benefit to make these changes for those that are interested in going where they want when they want. It is not a benifit in any way to double the number of points , and have no increase in where and when to go.
That is what is happening with winpoint. I will not cry for them if they go away

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I wouldn't cry for them any more than you might have cried for the buggy manufacturers when Henry ford introduces the model t
 
raygo123 said:
Nope, not worth the hassle. Now take away resale benifits, and as you said, not worth it. But, now its mf of $2.5 or less and a payback of $6. Is winpoint paying the owners more when they use thier points more than once? Or is all discounts passed on?

Could you make money at $.025 per and rent at $6? With cancel and rebook you could.

If you rented instead, what's your payback now? No upfront cost, and you have, about $1000/ vacation to spend. conservatively, that's the same as using winpoint.

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No Ray it's not mf of 2.5 vs a charge of 6.00 wynpointvip pays in the neighborhood of 6 and their customers pay 6 for the points the use.
At the first of the year I turn my account over to wynpointvip with x number of points and they pay me $6/1000 times x.

I really don't understand your interest in how much money winpoint makes. That's not the question. The question is does it make sense for anyone to buy access to Wyndham resorts from wynpointvip. All the info to make such a decision has been presented here from both sides of winpoint.... Their customers and their suppliers (me)
 
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MelissaI said:
We stayed at Bonnet Creek at the last minute in April. We were upgraded from a one bedroom deluxe to a one bedroom presidential. The unit was beautiful. In July, we stayed in a four bedroom presidential reserve unit at Smugglers' Notch in Vermont. I believe we paid for 50% of the points cost of a three bedroom. We had a friend stay at Bonnet Creek in July also. They were upgraded from a two bedroom to a three bedroom. We have another reservation for Veteran's weekend at BC and in October at Smuggs.

As stated, the only VIP benefits we get are the 50% point savings and upgrades, which are huge. I'm not sure if access to the presidential reserve units are a benefit or not. Also, at Smuggs, as non-Wyndham owners, we did not get a free Smuggs pass which included access to their multiple water parks and activities. We only had access to the pool in our village for free, which was fine. AFAIK this is one of the only locations with such a limitation to amenities. Our room was stunning though...gas fireplace, heating on bathroom floor, Bose audio system, etc.

As you can see though, our 250,000 points have provided us lots of little getaways this year. We like the fact that we have access to locations with no long term commitment. We have been able to have extended family join us in Vermont and we had a great time. We are planning future trips already.

I believe everyone who owns a passport gets access to a club Wyndham account and you can check availability yourself, you just can't book. Although, sometimes at some locations, the owner has access to available units that a non VIP can't see online, I believe. I'm not 100% sure of that. :)

I would not hesitate to recommend the service. I have actually considered increasing my points to provide more opportunities for my extended family. We enjoy bringing them but they are not in the position to be able to acquire their own membership.
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You only pay for the points you use . If you get 50 percent discount you only pay based on the discount point total. The math really doesn't change.
 
I hope Ron is in good health!! But he is not doing something that will take 150 years to get his money back with no return on investment !!!!!
 
gemini1977 said:
I inquired with WinPointVIP and they told me:

"All of our points come from owners who bought from Wyndham and they are all platinum or presidential reserve"
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That's probably true but he didn't say all the points were purchased from Wyndham
 
raygo123 said:
Call Wyndham and ask if platinum member's can deposit resale points in the 11th month, then tell me it's in effect today.

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Ron I thought raygo123 was saying you guys don't get VIP benefits on resale points
 
Braindead said:
Ron I thought raygo123 was saying you guys don't get VIP benefits on resale points
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Not at all. Quite the opposite. I'm saying it is happening now. I stand corrected, 9 months, right now VIP benifits like credit pooling is across member number, not by contract. It's like the fact they are resale is invisible to Wyndham. Right now.

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raygo123 said:
Not at all. Quite the opposite. I'm saying it is happening now. I stand corrected, 9 months, right now VIP benifits like credit pooling is across member number, not by contract. It's like the fact they are resale is invisible to Wyndham. Right now.

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yes thats true, and the discounts could go away at any time... If the discount is why you are buying and you insist on a guarantee... this is not for you

On the other hand if you are looking for vacations at wyndham timeshares, with no obligation for ongoing maintenance fees, and the possibility of discounts... maybe this works
 
@ronparise,

Do you have any sense as to how much of WinPointVIP's inventory is made up of points obtained through resale...25%, 50%, 90%?

Also, are we saying that Wyndham's honoring of resale market acquired points for the qualifying of VIP benefits is NOT contractual but completely at Wyndham's discretion?
 
Wyndhams directory states that resale points do NOT get VIP treatment even though they currently do because their software allows it
 
gemini1977 said:
@ronparise,

Do you have any sense as to how much of WinPointVIP's inventory is made up of points obtained through resale...25%, 50%, 90%?

Also, are we saying that Wyndham's honoring of resale market acquired points for the qualifying of VIP benefits is NOT contractual but completely at Wyndham's discretion?
Click to expand...

I have no idea

I could tell you what I give them but I won't. Not because it's some deep dark secret but because my relationship with winpoint is not typical and I don't know what is.
 
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