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[ Thread is unlocked ] Megarenter Rap Lawsuit

the lodging is on me, the drinks, ammo (if we go shooting) and cigars are on them.
In other words, you are being compensated. So, I guess, that makes it a commercial activity. Just trying to understand, thanks for clarifying, you are renting units during a prime travel period, taking away rooms from owners.

I'm OK with what you are doing BTW. And, thank you for your service.
 
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Gorden Gekko said, "If you want a friend, get a dog". When it comes to timeshares, If you want a guarantee , get a fixed week

Interesting. I came to this conclusion in the early 90s; sold my Marriotts; and bought 6 Fixed Week/Fixed Units at Independent HOA controlled Resorts. It worked well for me. I always knew at the beginning of the year where and when I would be going. As an aside, I found it pretty easy to swap Weeks at no cost just by calling the Resort's Property Manager...

George
 
I hear you, but its really changing the model to almost a franchise and makes it difficult for the "everyday family" to get the rooms they want and have invested in. People that want to be in the hospitality business should invest in a hotel. If Wyndham allows this and it prevents others from gaining access to rooms, then the "risk" of mega renters should be disclosed during purchase. Still, it doesn't seem fair to change the rules midstream for those like you that have invested time and money to create a business.
Wyndham isn't charging the rules, they are now in forcing the rules that are written in the directory. By enforcing the rules Wyndham is opening up available to owners who couldn't book reservations at certain locations because of mega renters.
 
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In other words, you are being compensated. So, I guess, that makes it a commercial activity. Just trying to understand, thanks for clarifying, you are renting units during a prime travel period, taking away rooms from owners.
It's not renting. I come out way behind. I maybe drink 3 beers that week, I don't smoke and I load my own ammo and only shoot my own ammo. My friend are willing to compensate me, but I don't have to accept anything. You sound angry. Were you a renter of some sort? If so, sorry if you lost income, but that's part of doing business.
 
You can’t blame mega renters for the lack of planning ahead. TS ownership isn’t for everyone.
Yes, I can blame mega renters, and I, along with the majority of owners do blame them. The party is over. They should accept it and go a way gracefully instead of whining like a bunch of little school girls.
 
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TUG has many forums and owners from many Timeshare systems.
And let’s not forget the sightings/distressed forum that is TUG members only. I mainly use it to follow Disney deposit patterns in RCI, but I know all the sightings posted there for both RCI and II are valuable for members looking to exchange in those companies. It’s also nice that members have a place to put distressed exchanges into the hands of someone who can use them.
 
Yes, I can blame mega renters, and I, along with the majority of owners do blame them. The party is over. They should accept it and go a way gracefully instead of wining like a bunch of little school girls.

I don’t believe @CPNY owns any Wyndham points or wines about the treatment of megarenters.
 
It's not renting. I come out way behind. I maybe drink 3 beers that week, I don't smoke and I load my own ammo and only shoot my own ammo. My friend are willing to compensate me, but I don't have to accept anything. You sound angry. Were you a renter of some sort? If so, sorry if you lost income, but that's part of doing business.
Not angry, just pointing out that you are a commercial renter. As for me, I'm no more of a commercial renter than you are. A few GC's per year to friends and family. Compensation comes in many forms.
 
Yes, I can blame mega renters, and I, along with the majority of owners do blame them. The party is over. They should accept it and go a way gracefully instead of wining like a bunch of little school girls.
What I’ve seen here is a lot of folks, few if any of them megarenters, telling you that your problem with bike week is waiting until 7am for one of the most popular bookings in the system. You could wipe all megarenters off the face of the earth and 7am would still be 7 hours too late.
 
What they are saying is that if you are not online at 12:01am at exactly the 13 month mark booking your suite, you didn't plan properly and that's tough luck.

I think some of you are seeing the issue now. It's "tough luck" and "poor planning", not greedy, wanna-be travel agents playing internet slum lord from their laptop in the middle of the night...

@am1 way to try to get people on your side, lol... keep it up
The thing is I am not trying to get people on my side. I did what I did and had no issues with it. I am no more special then anyone else at booking reservations. I did learn a few things along the way. But anyone can learn if they put effort in.
 
@ronparise
also consider that every point purchased on the secondary market was sold by Wyndham at full price originally. Wyndham strips the VIP benefit upon resale...how fair is that??

It's a bit odd that owners who pay developer never think about the future, when they decide to get out of the timeshare and the devaluation that will occur. There will be a time in your life when those timeshares are just going to become burdens to you, especially Wyndham, especially with their hatred of owners.

Disney is currently selling Riviera (could be sold out now) for a ridiculous point cost. Upon resale, the new owner will only be able to book Riviera with the points. They won't be able to book Aulani or even Saratoga Springs. The new owners also won't be able to book cruises or receive any other benefits of owning DVC (even Disney pass discounts). On my Facebook DVC group (owned by Seth Nock's company), when you mention that to new buyers or people that want to buy, your comments are treated as ridiculous because, "I will never sell," or "This is why you buy from Disney direct, to get the benefits. If you buy resale, you won't get the same product." You cannot tell people anything, when they want what they want.

An analogy for me is like telling my close relative about the fancy, expensive car she wanted to buy that had a lot of problems and wouldn't be a good buy. She is okay taking it to the dealer for a recall on one minor little thing, then paying to get brakes fixed for $1,500 because they said it needed to be done. I wouldn't be okay with that. It's costing far more than what she thought it would. It's a lemon. No resale value on lemons.

Disney was known as one company that didn't strip benefits from resale, until about 10 years ago, maybe longer. I was fortunate enough to buy points at $50-60 per point before the AP discount (the only one I cared about) was taken away. Saratoga Springs is now selling for $140 per point. I would never buy at that price, and I won't sell at that price. These points have value.

Hilton points seem to retain some value, but Disney is exceptional for increasing in value, even over developer. I guess that is why those FB members are sold on Disney. There will be an economic downturn, it's inevitable. Disney points through developer were not much more, when I bought my resale points. I remember Steamboat Bill talking about his bargains with his developer purchases. He almost had me talked into it, but I really just wanted the AP discount. He talked about $89 per point with two years' fees covered and free usage. He bought a lot of Disney. I would bet he could get over $1,000,000 if he sold what he owned right now. I miss Steamboat Bill.
 
@ronparise

It's a bit odd that owners who pay developer never think about the future, when they decide to get out of the timeshare and the devaluation that will occur. There will be a time in your life when those timeshares are just going to become burdens to you, especially Wyndham, especially with their hatred of owners.

Disney is currently selling Riviera (could be sold out now) for a ridiculous point cost. Upon resale, the new owner will only be able to book Riviera with the points. They won't be able to book Aulani or even Saratoga Springs. The new owners also won't be able to book cruises or receive any other benefits of owning DVC (even Disney pass discounts). On my Facebook DVC group (owned by Seth Nock's company), when you mention that to new buyers or people that want to buy, your comments are treated as ridiculous because, "I will never sell," or "This is why you buy from Disney direct, to get the benefits. If you buy resale, you won't get the same product." You cannot tell people anything, when they want what they want.

An analogy for me is like telling my close relative about the fancy, expensive car she wanted to buy that had a lot of problems and wouldn't be a good buy. She is okay taking it to the dealer for a recall on one minor little thing, then paying to get brakes fixed for $1,500 because they said it needed to be done. I wouldn't be okay with that. It's costing far more than what she thought it would. It's a lemon. No resale value on lemons.

Disney was known as one company that didn't strip benefits from resale, until about 10 years ago, maybe longer. I was fortunate enough to buy points at $50-60 per point before the AP discount (the only one I cared about) was taken away. Saratoga Springs is now selling for $140 per point. I would never buy at that price, and I won't sell at that price. These points have value.

Hilton points seem to retain some value, but Disney is exceptional for increasing in value, even over developer. I guess that is why those FB members are sold on Disney. There will be an economic downturn, it's inevitable. Disney points through developer were not much more, when I bought my resale points. I remember Steamboat Bill talking about his bargains with his developer purchases. He almost had me talked into it, but I really just wanted the AP discount. He talked about $89 per point with two years' fees covered and free usage. He bought a lot of Disney. I would bet he could get over $1,000,000 if he sold what he owned right now. I miss Steamboat Bill.
Good post. I just don’t see how the majority of weeks and locations make any sense to buy at developer prices. I can understand key locations and dates for skiing or holidays. For a lot of lower seasons or demand locations, the MF are equal to what it costs to rent.
 
Yes, I can blame mega renters, and I, along with the majority of owners do blame them. The party is over. They should accept it and go a way gracefully instead of whining like a bunch of little school girls.
I think that you might be over estimating how many folks agree with you. I do not even see a majority of people in this conversation in agreement with your argument. I get that you feel this way and you have a right to your feelings, but when the situation doesn’t change when Wyndham cracks down on the very small portion of owners ’megarenting’, who will your next target be? It should be Wyndham, and I hope you come to see that. I guess what keeps me sane in these devolving discussions is that wyndham owners on the forums are a very small portion of all owners and very few (probably none) either think about screwing other owners over or are actively angry at owners for poor availability.
Also - your using school girls pejoratively is an offense to girls and women and I’d appreciate your using more appropriate language.
 
Not all mega renters book peak weeks. Many of them use the discount/upgrade and book at lower demand resorts within 60 days. My feeling is that this is fine, and Wyndham is not upset about this. Do you all agree?

By the way, I have less than 3 million points, and I have been mostly renting them. I considered buying more, but I think it is more helpful for me to help other owners get rid of their points. I expect there will be a lot of owners that will have excess points in the next year or two.

EDITED to add: I have helped other owners use their points. I am not willing to buy their contracts because I don't want the lifetime commitment.
 
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Yes, I can blame mega renters, and I, along with the majority of owners do blame them. The party is over. They should accept it and go a way gracefully instead of whining like a bunch of little school girls.

Haven't you been watching the Olympics? Girls rule, boys drool!

(A gentle reminder - if we are careful, little boys and girls will grow up without the same hurtful biases that have shaped our generation's thinking.)
 
Not all mega renters book peak weeks. Many of them use the discount/upgrade and book at lower demand resorts within 60 days. My feeling is that this is fine, and Wyndham is not upset about this. Do you all agree?

By the way, I have less than 3 million points, and I have been mostly renting them. I considered buying more, but I think it is more helpful for me to help other owners get rid of their points. I expect there will be a lot of owners that will have excess points in the next year or two.
Yeah, and they will be not only free, but current costs will pay all costs of closing/ transfer, so a win-win for the new buyer and the seller.
 
Yes, I can blame mega renters, and I, along with the majority of owners do blame them. The party is over. They should accept it and go a way gracefully instead of whining like a bunch of little school girls.
So then you should have no problem getting the inventory you want, whenever you want. Since the mega renter issue will end, inventory will be there any time you want. Maybe now is a good time to buy some Wyndham points. I hope that’s the case for the leisure TS owner like yourself, I really do.
 
Not all mega renters book peak weeks. Many of them use the discount/upgrade and book at lower demand resorts within 60 days. My feeling is that this is fine, and Wyndham is not upset about this. Do you all agree?
I don't see that at all. I think they would be fine with them using lower demand resorts at the full rate based on lower demand and then paying for a $99 guest cert and then renting that out. They don't want them using their VIP discounts on resale points to then rent out at a profit. The discounted benefits and other VIP benefits are a perk for personal and family use. Doing a few (now with retail vip eligible points only) likely won't get anyone in trouble. Doing it 30, 50 or 100+ times a year could be upsetting to both owners and Wyndham.
 
I don't see that at all. I think they would be fine with them using lower demand resorts at the full rate based on lower demand and then paying for a $99 guest cert and then renting that out. They don't want them using their VIP discounts on resale points to then rent out at a profit. The discounted benefits and other VIP benefits are a perk for personal and family use. Doing a few (now with retail vip eligible points only) likely won't get anyone in trouble. Doing it 30, 50 or 100+ times a year could be upsetting to both owners and Wyndham.

My strategy would be to rent the discounted/upgraded reservations. It is quite easy to surpass 30 or 50 reservations, because the VIP owner can get 3X more reservations than the resale owner. For example, 1 million points can get 10 reservations at lower demand resorts. But with discounts/upgrades this can be 30 reservations.

For personal use, I can use resale points during peak season at higher demand locations.
 
Against the contract? Would that include checking in one room and checking in for family in another room. Just curious. I am not a Wyndham owner
I was not sure if your question was directed to me and my post #169. If it was, there were 2 member names on the contract. The wife checked into the unit reserved in her name and a few days later the husband checked into the unit in his name that we rented. We arrived early, called them and bypassed the desk. Easy peasy.
 
My strategy would be to rent the discounted/upgraded reservations. It is quite easy to surpass 30 or 50 reservations, because the VIP owner can get 3X more reservations than the resale owner. For example, 1 million points can get 10 reservations at lower demand resorts. But with discounts/upgrades this can be 30 reservations.

For personal use, I can use resale points during peak season at higher demand locations.
I don't doubt it is easy. My personal feeling is that Wyndham will have a problem with that volume and consider it "commercial".
 
I read through this whole thread and that other 18 page one, and I cannot understand why some people are hating on the mega-renter as if Wyndham is a poor disenfranchised mom and pop store owner.

My take is that Wyndham took serious notice of the money rentals were making in the secondary market and wants to monopolize piece of the pie. Like someone said in the other thread Wyndham wants to be the only mega renter in the game through their EH site.

I also don't understand how getting rid of the mega renter increases availability? I'm a newbie resale owner, so help me understand. If one owner with 67M points is forced to liquidate his/ her portfolio doesn't that mean there are now potentially 67 new owners with 1M points still trying to get La Belle Masion for mardi gras? I see it getting worse not better, or am I missing something?
 
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I read through this whole thread and that other 8 page one, and I cannot understand why some people are hating on the mega-renter as if Wyndham is a poor disenfranchised mom and pop store owner.

My take is that Wyndham took serious notice of the money rentals were making in the secondary market and wants to monopolize piece of the pie. Like someone said in the other thread Wyndham wants to be the only mega renter in the game through their EH site.

I also don't understand how getting rid of the mega renter increases availability? I'm a newbie resale owner, so help me understand. If one owner with 67M points is forced to liquidate his/ her portfolio doesn't that mean there are now potentially 67 new owners with 1M points still trying to get La Belle Masion for mardi gras? I see it getting worse not better, or am I missing something?
I see many differences. One is that the MRs are targeting key locations and dates. The second is you are putting a casual family vacation planner up against a business. Its kind of like a franchise owner of a Subway who charges $25 a sandwich because no other sandwich's are available and you are hungry against any owner who walks in to a Subway with inventory and pays a fair price of $5 for the sandwich. Another it is a little like price gouging during as well. Also, Wyndam is a brand and has the right to control who sells their product.
 
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