Updated COVID-19 announcement

[dgalati]

Damn Jim, you own some serious points!

Megarenter?

 

[CCdad]

Megarenter?

I don’t know what point level makes Jim a mega-renter, but if you look at his history he’s not depriving anyone of reservations that their ownership would otherwise allow.

He uses his PR points to book and hold those PR units at his home resort, which every PR owner has at their disposal at 12-14 months out.

His rentals, other than the prime PR units, are those made available on the LMTR board. Since cancel and rebook has been killed, he’s only booking those LMTR units at the 60 day or less window.

The 2.5 Mn points in reservations he cancelled in March-April were pushed out to hold units available during the 10 month window.

So again, I don’t see how his 4.7 Mn points makes him a mega-renter; perhaps that’s someone with more than 20-30 Mn points.

But at least his ownership is keeping people employed at the resorts, as well as generating WD guest confirmation revenue when his free GCs are exhausted.

And you’ve been willing to rent from any VIP with the lowest possible price for your desired week 48-49 in FLL vs owning a week for that value season.


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[chapjim]

I plead to being a renter but I'm not so sure about the "mega-" part, not that it matters. I couldn't care less what label someone applies to me.

I appreciate CCdad's defense of my account management. He has it just about right. I book 4BR Presidential units at Bonnet Creek for Spring Break (week before and week after Easter). I book Ocean Walk for the Daytona 500 and Bike Week. I am not always able to rent them for more than the maintenance fee. A lot depends on where on the calendar Easter falls. A week in a 4BR Pres unit could cost 231,000 to 424,000 points. (There's one in between -- 384,00 maybe.) A few cancellations generate a lot of points (and this year, required a lot of refunds).

The majority of my rentals are reservations made while "bottom feeding" -- booked inside 60 days. Points-wise, I don't know -- maybe 50-50 full price and discounted.

My account is an open book to Wyndham. If Wyndham doesn't like what I'm doing, I'm easy to find.

 

[dgalati]

I don’t know what point level makes Jim a mega-renter, but if you look at his history he’s not depriving anyone of reservations that their ownership would otherwise allow.

He uses his PR points to book and hold those PR units at his home resort, which every PR owner has at their disposal at 12-14 months out.

His rentals, other than the prime PR units, are those made available on the LMTR board. Since cancel and rebook has been killed, he’s only booking those LMTR units at the 60 day or less window.

The 2.5 Mn points in reservations he cancelled in March-April were pushed out to hold units available during the 10 month window.

So again, I don’t see how his 4.7 Mn points makes him a mega-renter; perhaps that’s someone with more than 20-30 Mn points.

But at least his ownership is keeping people employed at the resorts, as well as generating WD guest confirmation revenue when his free GCs are exhausted.

And you’ve been willing to rent from any VIP with the lowest possible price for your desired week 48-49 in FLL vs owning a week for that value season.


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Now don't misunderstand the question. I was just wondering how does Wyndham decide when a owner becomes a mega-renter? I more then anyone benefit from renting from a VIP owner in the 60 day window. I also agree that every ownership helps to keep people employed and resorts open. Here is a link from a few years back asking the same question.

[2016] Mega Renters

Hey everyone, Have anyone of you heard of Wyndham "Blacklisting" or marking you account as a mega renter? TIA

tugbbs.com

 

[Braindead]

I more then anyone benefit from renting from a VIP owner in the 60 day window.

Quite the ego! Self proclaimed top dog

 

[dgalati]

Quite the ego! Self proclaimed top dog

I wouldn't go that far as claiming to be top dog. We are all just part of the Wyndham ecosystem. Many owners need to rent and without them I would have to be tied to a ownership. Its a mutual partnership that works for both parties.

 

[WhiskeyJack]

Saw these in an updated Q&A on the Wyndham website today. I take the first Q&A to mean that until the phased opening date has passed (think that is based on the posted date for when new reservations are accepted) only owner reservations will be allowed and those could be cancelled if occupancy exceeds whatever guideline the are using for the resort. Interesting the second one seems to indicate a return of guest confirmations for some resorts. Last one does not say when pools and other amenities will reopen, just that they will be temporarily closed.


What are we doing to ensure owners are able to book at the destinations they want?

Owner reservations are being prioritized above all other reservations. Guests, exchange, and rental reservations will be canceled in order to give owners sole access to resorts during this initial reopening phase.
There are some instances where owner reservations may be cancelled in order to remain within the limited occupancy guidelines and practice safe social distancing measures. Several factors are being taken into consideration as we identify reservations to cancel such as when the reservation was booked and reservation dates. We are doing everything we can to ensure owners on-site will have a safe and enjoyable vacation during their stay.

What will happen if my guest confirmation is cancelled?

If your guest confirmation is cancelled due to limited occupancy at resorts or extended temporary closures, your vacation points, housekeeping credits, reservation transaction(s), and any other fees associated with the reservations will be returned to your account within 72 hours of cancelation. Guest confirmations will only be returned for canceled reservations at resorts beginning to accept arrivals as of May 26, 2020.

Will the pools and other amenities be open as resorts reopen?

During this initial phase of reopening, amenities such as pools, spas, restaurants and bars, game rooms, activity centers, and business centers will be temporarily closed order to practice safe social distancing measures.

 

[paxsarah]

The flexible cancellation policy (cancel with no penalty within 24 hours of check-in) has been extended through July 15.

 

[55plus]

I wouldn't go that far as claiming to be top dog. We are all just part of the Wyndham ecosystem. Many owners need to rent and without them I would have to be tied to a ownership. Its a mutual partnership that works for both parties.

Like a mutualism reciprocal relationship between individuals of different species where both individuals benefit.

 

[dgalati]

Like a mutualism reciprocal relationship between individuals of different species where both individuals benefit.

Not so. We all have the same wants and needs but take different paths to get there. Some believe the more you spend the better your vacation experience will be. I discredit that theory knowing that you can spend very little and still recieve VIP benefits without the sunk cost or burden of maintenance fees.

 

[55plus]

Both the rentee and renter benefit.

 

[Eric B]

Latest update from Wyndham site:

Cancellation Policy
Most resorts are open and our teams are excited to welcome owners on vacation! The standard cancellation policy is now in effect, with the exception of certain resort locations.
Specific resorts may continue to temporarily extend their cancellation policy, with dates varying based on resort closures and local travel restrictions. Visit your resort page for cancellation policy details.

The resort update page still hasn't been updated to reflect that the US Virgin Islands are closed (or that the projected August 15th reopening of Limetree Beach Resort is in the past and would be overcome by events given the closing of the island's hospitality facilities by the government). However, if you go to the individual resort pages for Limetree and Margaritaville St Thomas, they indicate:

• Temporary flexible cancellation policy available through Sept. 30, 2020. Vacation points, housekeeping credits, reservation transaction(s) used will be returned to account within 72 hours upon cancellation.

Bottom line is that you'll need to go down to the individual resort pages in order to find out if the flexible cancellation policy is in effect for a reservation you have. Not sure if they'll send an email on the subject if you have a reservation at one.

 

[Eric B]

There's also an easier way to find which resorts have flexible cancellation policies in effect. The WorldMark site for resort updates for COVID actually lists the status on one page. It looks like the ones with those policies are the resorts in Canada, Club Wyndham Bentley Brook, Club Wyndham Midtown 45, the resorts in Rhode Island, the resorts in USVI, Australia, New Zealand and Europe. They've also got the policy in effect for the resorts that aren't yet open, including those with projected opening dates.

 

[Rolltydr]

I have 3 reservations remaining for this year and very close to deciding to cancel them and deposit the points to 2022. If I do that, could I then borrow some of those points if I needed them for reservations in 2021? I know once I deposit them into 2022, I must use them or lose them by the end of that use year. I just don’t know if I can borrow from them to use in an earlier year.

 

[CCdad]

I have 3 reservations remaining for this year and very close to deciding to cancel them and deposit the points to 2022. If I do that, could I then borrow some of those points if I needed them for reservations in 2021? I know once I deposit them into 2022, I must use them or lose them by the end of that use year. I just don’t know if I can borrow from them to use in an earlier year.

Yes. You can borrow points from 2022 for 2021 reservation dates, but only for reservations booked within the Express window (up to 90 days from the date booked).

 

[MaryBella7]

It was a no brainer for me to deposit points I didn’t think I would be able to use this year. Any plan I will make from here out would be last minute, so I would just borrow them back.

 

[paxsarah]

It was a no brainer for me to deposit points I didn’t think I would be able to use this year. Any plan I will make from here out would be last minute, so I would just borrow them back.

That's exactly what I did. I deposited most of my points up to the number of HK credits I had back in March (before Wyndham had given any indication of extending the deposit deadline and I thought I was still working on a deadline), figuring I'd punt the decision of what to do with my remaining HK-less points (worst-case scenario, deposit to RCI at the end of the year at half the HK cost of points deposit). Then I ended up booking 5 nights at Edisto in July, using the orphaned 2020 points and borrowing the remaining points and HK from 2021. Now I've got most of my points booked in 2021 and assuming those trips happen, I can deposit anything I don't use to 2022.

 

[Rolltydr]

We’ve pretty much decided to deposit them in 2022 and we’re tentatively planning a 2 week trip to California and maybe up to Oregon and Washington. We’ll have 1.5M points to do that and a few of our annual trips like NOLA, the beach, etc. Hopefully, things will be back to something approaching normal by then.