pretty good bet!It’s complex in nature without a doubt. The devil is in the details. What’s the over under this will be in this week’s TUG newsletter? I’m about 100% certain it will be LOL.
pretty good bet!It’s complex in nature without a doubt. The devil is in the details. What’s the over under this will be in this week’s TUG newsletter? I’m about 100% certain it will be LOL.
Certainly if you trade your deed in for CWA, there won't be any pay out to you. I would suspect the conversion to CWA is just an option. The other option would be to do nothing and just be out and possibly receive a residual payment? I suspect there will be lots of legal, consulting and administrative fees that get paid to Wyndham for their involvement in all of this. Those fees will eat into the residuals.I wonder if there’s something in this for Wyndham as well. I bet that owners who take this deal basically “trade” their interest in the resort that is being sold, so they don’t get the eventual payout, whatever it is.
That would be my guess. They are "buying" CWA using their previous deed as payment. There's no way Wyndham gives owners the money from selling the property AND gives them a free new timeshare product.I bet that owners who take this deal basically “trade” their interest in the resort that is being sold, so they don’t get the eventual payout, whatever it is.
I wonder if there’s something in this for Wyndham as well. I bet that owners who take this deal basically “trade” their interest in the resort that is being sold, so they don’t get the eventual payout, whatever it is.
Certainly if you trade your deed in for CWA, there won't be any pay out to you. I would suspect the conversion to CWA is just an option. The other option would be to do nothing and just be out and possibly receive a residual payment? I suspect there will be lots of legal, consulting and administrative fees that get paid to Wyndham for their involvement in all of this. Those fees will eat into the residuals.
In my portfolio, I own 154K Fairfield Glade resale points in a converted fixed week deed. I'm wondering what Wyndham offers me and how that relates to my current maintance fees. I was considering dumping a 126K CWA contract I own, so maybe, if given the opportunity, I will just dump this one. I am pretty sure my MFs at Fairfield Glade was cheaper than CWA. I guess I will have to see how it plays out.Why?
There are lots and lots of owners at Wyndham Pagosa that wish they could get the sweetheart deal that the Mountain Meadows owners received. I do not see any downside for owners at Fairfield Glade, except for the few, very few, who love their week at that particular resort. The CWA points will give the owners 13 month booking at all CWA resorts instead of the 10 months they have now.
I guess it depends on the relative maintenance fees of what they are paying now versus CWA.
In my portfolio, I own 154K Fairfield Glade resale points in a converted fixed week deed. I'm wondering what Wyndham offers me and how that relates to my current maintance fees. I was considering dumping a 126K CWA contract I own, so maybe, if given the opportunity, I will just dump this one. I am pretty sure my MFs at Fairfield Glade was cheaper than CWA. I guess I will have to see how it plays out.
If I hold on to the deed and get a "payout" (in quotes since I am sure it isn't much), it is essentially the same as me dumping the 126K CWA points I was looking to dump from my holdings. May be the way to go. It seems as though I won't be stuck with a non Wyndahm timeshare deed, right? The options are CWA or sale and points disappear.According to what we know you would have two options. One, convert your 154k FG deed to 154k CWA points, or hold onto your deed and receive whatever payout comes your way once the resort is sold.
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Can you see your maintenance fees in Paymentus?If I hold on to the deed and get a "payout" (in quotes since I am sure it isn't much), it is essentially the same as me dumping the 126K CWA points I was looking to dump from my holdings. May be the way to go. It seems as though I won't be stuck with a non Wyndahm timeshare deed, right? The options are CWA or sale and points disappear.
Do we know the difference in Fairfield Glade MFs vs. CWA? The Wyndham site is impossible to pin down, and I tried looking at the post pinned here in the forum, but that was hard to search through too.
Nope. They lump all three contracts together. Each individual contract has "no information to display". Would be too easy right? Easy way to compare CWA to FG's MFs.Can you see your maintenance fees in Paymentus?
Well i doubt they will be able to sell or convert everyone by the end of 2025 since it’s mid July so i dont think our 2026 points are just going to go away. We probably have some time in 2026 to use them or save them. It seems that the issue for 2026 will be that FG will no longer be accepting reservations.Those of you who have points at these resorts and plan on exiting, you should probably BORROW all your 2026 points NOW, use them since essentially they are going to go bye bye
But they can still shut down resort operations as of 12/31/2025 and stop taking new reservations at those properties. If there is no occupancy, then it doesn't matter if the owners are converted or the property sold yet.Well i doubt they will be able to sell or convert everyone by the end of 2025 since it’s mid July so i dont think our 2026 points are just going to go away. We probably have some time in 2026 to use them or save them. It seems that the issue for 2026 will be that FG will no longer be accepting reservations.
Correct. But I should still have usability of my 154k points in 2026 across other Wyndham properties.But they can still shut down resort operations as of 12/31/2025 and stop taking new reservations at those properties. If there is no occupancy, then it doesn't matter if the owners are converted or the property sold yet.
How, when no one can possible book back into their property? Wouldn't that create an imbalance in the system?Correct. But I should still have usability of my 154k points in 2026 across other Wyndham properties.
So for resale owners at these resorts, they should probably just take the payout. CWA is basically free on eBay. If you’re not trying to preserve VIP benefits, you could make out better by taking the payout and then just buying whatever CWA points you want.IDK but I think your assumption is accurate. It’s not both/and. If you choose to keep your deed until the resort sells, and take the payout, you won’t have the option to convert your deed to CWA to preserve your points level. You can’t have your cake and eat it too type thing. You either convert your deed to CWA 1:1 and Wyndham receives the payout for your converted deed that you handed in, or you hold onto your deed until Wyndham sells the resort, and you receive the payout for your deed, which is being purchased by the resort buyer.
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Correct. But I should still have usability of my 154k points in 2026 across other Wyndham properties.
How, when no one can possible book back into their property? Wouldn't that create an imbalance in the system?
I would assume (and this is all an assumption) that I still own the property until it is either sold or converted. It doesn’t matter that the property is not taking reservations, I still have a deed that says I get 154k points a year to use in their system. Until Wyndham takes that deed from me, they still have to give me the 154k points, I would think. That being said there may be some fine print somewhere that says otherwise.How, when no one can possible book back into their property? Wouldn't that create an imbalance in the system?
See my last post. The resort is closed that is, it’s not taking reservations. However ,. I still own real property whcih was converted to the equivalent of 154k points. Until that property is sold or I convert it to something else, I would think I have use of my points. But again, who really knows what will happen. I bet you Wyndham is taking MFs until my deed is no longer mine.Guess Wyndham should clarify that. If you have deeded points at a resort which doesn't exist, one would think your points would die with the resort... if the resort closes 12/31/25, then I think it would be a pretty good chance you aren't getting 2026 UY points
Maybe that's a question that you should ask ASAP, then jump on my suggestion if they say "yeah, you aren't getting any 2026 points", because I guarantee you their website isn't aware of this yet
There’s a trick to it (assuming you’ve owned more than a year):Nope. They lump all three contracts together. Each individual contract has "no information to display". Would be too easy right? Easy way to compare CWA to FG's MFs.
I would assume (and this is all an assumption) that I still own the property until it is either sold or converted. It doesn’t matter that the property is not taking reservations, I still have a deed that says I get 154k points a year to use in their system. Until Wyndham takes that deed from me, they still have to give me the 154k points, I would think. That being said there may be some fine print somewhere that says otherwise.
If they’re really doing this to 20+ resorts we could see a real imbalance in the points ecosystem next year if this becomes widespread.because I guarantee you their website isn't aware of this yet
"Club Wyndham added that it plans to operate business as usual throughout the end of 2025."Well i doubt they will be able to sell or convert everyone by the end of 2025 since it’s mid July so i dont think our 2026 points are just going to go away. We probably have some time in 2026 to use them or save them. It seems that the issue for 2026 will be that FG will no longer be accepting reservations.