Wyndham is closing a handful of legacy resorts - dedicated chart/tracker located in the first post for this unfolding set of events

[chapjim]

Having stayed at that one, the ONLY thing it has going for it is it's proximity to Universal. And it's not like it's walking distance. That "resort", which to me seems like it's a converted apartment complex, is (now) wedged between a 2 bit amusement park with a roller coaster and some bungee things, and a couple strip malls. I went there exactly ones, got there at night and it wasn't exactly inviting, nor seemed particularly secure. The ONLY amenities on site are a pool. I don't even remember it having a workout room. All 2BR units, upstairs or downstairs, no elevators.

Its like Cypress Palms in terms of amenities, but much smaller and built in the 70's. I don't really think you will be missing anything by getting moved to any of the other resorts in the area.

Star Island is much more of a loss than Orlando International. Also it always mystified me why MF were so high there. I think that place was also initially sold as weeks, it's that old.

Point is, Orlando is already oversaturated, by all timeshare companies as well as hotels. And having stayed in all of them except the Worldmark one, Orlando International was a distant last place in terms of quality and amenities. It was tired in 2018 the last time I went there, and I doubt anything has been done to it since.

We are potentially losing the only resorts in the system in large geographic areas. Some of which definitely are on the decline for sure, but this is a big impact to the system.

Can't argue your points about Orlando International. We own two converted fixed weeks (Weeks 15 & 16) and have stayed there once and enjoyed it. However, its appeal was just for the things you point out. There is next to nothing to do there, which sometimes is just what you want. I think I was still working when we stayed there and it might have even been during Covid in which case I was teleworking.

We're booked there late this fall and will see how disappointing its potential demise might be.

BTW, I paid $1.00 for one of the weeks. The other was thrown in for nothing. I won't get beat up too badly no matter what happens!

 

[gerena]

This is likely the reason they are aiming to have all of this complete by 12/31/2025 - to avoid having to deal with 2026 MFs and the additional complexities involved from a logistical and accounting standpoint for partial 2026 MFs if the exit does not actually occur before 1/1/2026.


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Just got to thinking.....I pay my MF a year in advance, so I paid 2026 fees ini 2025. My thinking was that I would have more to deposit with RCI, if needed. So if they don't require 2026 MF's, they already have mine. I'll be out even more. That's about $4000 because one of the 3 I own is an AB. Any thoughts?

 

[meetseti]

In previous instances, how much has the residual typically been for an owner of a single week?

15 cents?

 

[Arimaas]

Yes.



For owners in these situations who want to retain their same level of Club Wyndham ownership, one idea is to buy a resale with approximately the same (or lower) $/1000 points maintenance fee, ideally one with no closing costs or transfer fees such as this (and aligns with one's Use Year)

Pardon Our Interruption...

With a purchase now (for those resorts where it seems the "votes are in the bag" for termination), the new points would come online about the time the FFG or other resort CW points go away, and the transition would be seamless. Or watch the resale market for the next 3-4 months and how things shake out regarding potential timeshare termination, and maybe get a few months of "prepaid" maintenance in 2026 included with the transfer.

Use any residuals from the sale of the resort to rebate some or all of the cost(s) for acquiring the replacement points, or just sign over the deed if that is a more convenient option offered by Wyndham.

I know enough about the system that I am not worried about finding a replacement contract, should I need it. Likely one will be given away on TUG in the future anyway. I've been lucky to have picked up some great contracts here (thanks TUG!). Like I said, I was going to dump the 126K CWA, but Ovations (or whever it was called) stopped taking it back. Probably because of this. I was just going to give it away for the transfer fees on the Facebook group (no one here wants CWA 126k points). I'll end up OK in the end of this. I don't think, however, I will be getting much from any sale. Probably a few hundred bucks, if at all, I would assume, after all is said and done. Nothing that is going to make or break me.

Like I said, I am only upset to be losing a contract that has really great MFs.

 

[Roger830]

I know enough about the system that I am not worried about finding a replacement contract, should I need it. Likely one will be given away on TUG in the future anyway. I've been lucky to have picked up some great contracts here (thanks TUG!). Like I said, I was going to dump the 126K CWA, but Ovations (or whever it was called) stopped taking it back. Probably because of this. I was just going to give it away for the transfer fees on the Facebook group (no one here wants CWA 126k points). I'll end up OK in the end of this. I don't think, however, I will be getting much from any sale. Probably a few hundred bucks, if at all, I would assume, after all is said and done. Nothing that is going to make or break me.

Like I said, I am only upset to be losing a contract that has really great MFs.

As high point cost resorts are removed from CWA the mf will be reduced.

With only 126,000 points it might be better to sit this out until into next year.

You do have arp at 13 months. That could help you out in the future as more deeds are put in there..

 

[HitchHiker71]

Whatver the reasoning, I picked it up for the low fees/high points ratio. I got a good 4-5 years use out of it, without counting covid, I suppose. Lots of memories with the family that I wouldn’t have had if I didn’t have the unit (not there I’ve actually never been there, but in the other Wyndham locations).

Like I said was looking to dump the CWA anyway so I guess I’ll just dump this.

So you will just hold the FG deed and take whatever payout you get and keep the existing CWA deed? If you need those extra FG points, you could use the proceeds to pick up another low MF resale contract to replace it.


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[Fido Chuckwagon]

Have been following this post with interest ~ seems to be mainly affecting points contracts. Going to ask a silly question, (or maybe not so silly). We own a deeded flex week ~ July/August ~ at The Bay Voyage in Jamestown, have resisted points every time. If indeed this is one of the resorts affected, what are some of your thoughts???

Whether you own weeks or points, if Wyndham has enough of an ownership interest to control the board and force them to terminate the timeshare and/or sell, you’re losing your week.

 

[Fido Chuckwagon]

I hope not! That's our interim stop going up and down I-95. Bur for Lake Marion, we'd have to go to Myrtle Beach, which adds two hours to the trip.

How do you get around the 2 night minimum? Just book two nights but only stay one night?

 

[Fido Chuckwagon]

It just seems like they made a mess of the process. Initial discussions should have been had with the BOD at each resort. That they planned to hold a vote to end the timeshares let the votes happen then wind down the resorts if that is the path that is approved. But to come out tell staff now just doesn't make sense. Especially if nothing is a sure thing.

This. This was all done backwards and in secrecy. That employees found out before owners (the employees work for the owners!) is also a terrible look.

 

[Fido Chuckwagon]

In previous instances, how much has the residual typically been for an owner of a single week?

15 cents?

There have been reports on TUG of weeks owners for other resorts that sold to condo developers getting a few thousand dollars.

 

[HitchHiker71]

I feel terrible for the employees. Can you imagine the phone calls to the resorts today. How awful a day it must be for them. Just a gentle reminder to be respectful to the amazing employees at these resorts, who may (or may not) be looking for employment in the near future - after years of service to Wyndham (and US)!

- this is particularly the case given many of the resorts on the list are in less popular somewhat rural or light suburban areas where jobs are sparse to begin with. I’m sure many of these good salt of the earth people are very worried about their future right about now. If you are heading to a few of these resorts between now and end of year, be extra kind, and perhaps leave a larger than usual tip with a nice note if you can. Every little bit matters, it’s the small things in life like personally written notes that bring a smile to someone’s face even if just for a few moments.


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[HitchHiker71]

I'd also add Lake Marion at Santee, SC.

What is your source? Is this just a hunch? Feel free to DM if you don’t want to post publicly.


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[Fido Chuckwagon]

What is your source? Is this just a hunch? Feel free to DM if you don’t want to post publicly.


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I swear I saw that mentioned somewhere else in this thread as well. I almost added it to the list.

 

[CO skier]

if Wyndham has enough of an ownership interest to control the board and force them to terminate the timeshare

This is not correct. The "board" (of Directors for the HOA) has no power to terminate the timeshare plan.

Termination of a timeshare plan requires an affirmative vote of the majority (typically 67%, which is a super majority) of the total voting power in the HOA. That is a very high hurdle.

 

[Rolltydr]

This is not correct. The "board" (of Directors for the HOA) has no power to terminate the timeshare plan.

Termination of a timeshare plan requires an affirmative vote of the majority (typically 67%, which is a super majority) of the total voting power in the HOA. That is a very high hurdle.

Isn’t that different by state?

 

[CO skier]

Isn’t that different by state?

It varies resort by resort for whatever reasons, hence the use of the term "typically."

 

[Arimaas]

So you will just hold the FG deed and take whatever payout you get and keep the existing CWA deed? If you need those extra FG points, you could use the proceeds to pick up another low MF resale contract to replace it.


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I mean I don’t need the FG points. Like I said was gonna dump 126k cwa so in the end of this I’m negative 28k points from what I wanted (gonna give up 154k instead of 126k). I’m more upset over the lower MF contract being the one that’s going away.

I don’t think the processed if this sale is gonna be worth much. I also assume I’ll have to pay captial gains on it too since it isn’t a primary residence, correct ?

 

[dioxide45]

Isn’t that different by state?

It may also vary by individual property and what is outlined in the governing documents. That is why I think it is premature of Wyndham to say that a resort is closing when no vote has been held. Unless they perhaps hold a super majority of the unit weeks. They can certainly drop a property from the club, but that is different than a resort being closed. Both could be interpreted from "Club Wyndham is shutting down its timeshare operations".

 

[Arimaas]

As high point cost resorts are removed from CWA the mf will be reduced.

With only 126,000 points it might be better to sit this out until into next year.

You do have arp at 13 months. That could help you out in the future as more deeds are put in there..

With losing the 154k FG deed, I will now keep the 126k CWA deed.

 

[chapjim]

How do you get around the 2 night minimum? Just book two nights but only stay one night?

We stay two nights. On the southbound trip, we frequently don't get away from home early enough to arrive before midnight. Leaving that morning wouldn't be much of a break. We're better getting away from where ever we're staying on the return, mostly because we have to be out by 10 AM and partly because we don't have to decide what to take. It all goes in the car!

Truth be known, we're rarely in much of a hurry! I don't mind stops in the Myrtle Beach area except that is is two more hours on the road each way.

 

[chapjim]

@TUGBrian

445 posts in three days and six hours. Is that any kind of a record?

 

[HitchHiker71]

@TUGBrian

445 posts in three days and six hours. Is that any kind of a record?

It’s certainly the most active post we’ve had in the CW forum in quite some time now at the very least. Lots of folks interested in the primary topic and related up and down stream spin-off topics within the thread.


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[comicbookman]

Updated List Based on Rumors, Maintenance Fees based on last reported in TUG, with extremely rough approximation of increases based on average increase for CWA:

1. Bentley Brook (Massachusetts) MF: $7.62 based on TUG Marketplace listing;
2. Patriot’s Place (Virginia) MF: Last Known to be $7.65/k in 2018 when CWA was $5.76. Extrapolated Maintenance Fee based on average CWA increases: $10.79 ;
3. Unknown Rhode Island Resort;
4. Unknown Rhode Island Resort;
5. Unknown California Resort;
6. Unknown California Resort;
7. Fairfield Bay (Arkansas) 2024 MF: $6.92
8. Fairfield Glade (Tennessee) MF: $6.55 in 2017 when CWA was $5.60, Extrapolated Maintence Fee: $9.71
9. Lake Lure (North Carolina)): MF: Unknown;
10. Star Island (Florida) MF: $6.97 in 2020 when CWA was $6.28. Extrapolated Maintenance Fee: $9.02
11. Edisto (South Carolina) MF: varies wildly by phase, but most expensive phase $8.66 in 2017 when CWA was $5.60, Extrapolaged Maintenance Fee: $12.81


Kind of surprised about Fairfield Bay. The 2024 maintenance fees were below the CWA maintenance fees.

Edited to include Bentley Brook based on TUG Marketplace Listing

fairfield bay maint fees are $9.88

 

[Jan M.]

This. This was all done backwards and in secrecy. That employees found out before owners (the employees work for the owners!) is also a terrible look.

The employees are employed by Wyndham, not us. Being an owner at a resort or with CWA points doesn't mean we own Wyndham. Wyndham is owned by the stockholders and run to return a profit on their shares.

 

[comicbookman]

Thanks. That worked

Fairfield Glade $6.34 per thousand points
CWA $8.13 per thousand points

are you adding maintenance fee + reserve fund + property taxes? cause that comes to $9.87