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

[bnoble]

that would be something that would irk me more than the closing as a member. to have a % of my annual fees each and every year be allocated specifically for infrastructure repairs or other long term maint/upgrades....to instead be used to pay operating costs because the resort is closing.

What difference does it make? After all, money is fungible.

If the resort winds down, then there will be no infrastructure to repair or buildings to upgrade. The only other thing that could happen with the money is disbursing it back to the owners of record in good standing at closure, but legal and skeleton operating costs still need to be paid in the meantime. I'd rather they use the money I've already given them than to have to give them more money and get it back later.

 

[TUGBrian]

What difference does it make? After all, money is fungible.

If the resort winds down, then there will be no infrastructure to repair or buildings to upgrade. The only other thing that could happen with the money is disbursing it back to the owners of record in good standing at closure, but legal and skeleton operating costs still need to be paid in the meantime. I'd rather they use the money I've already given them than to have to give them more money and get it back later.

but there are countless owners who paid into that reserve fund that wont see a dime of the sale price.

 

[dioxide45]

but there are countless owners who paid into that reserve fund that wont see a dime of the sale price.

I think in the end it still all nets itself out. If they move funds from reserve to cover operating fees it prevents them from maybe having to come back to the owners for funds to continue the wind down. If they don't move the money, it has to come from somewhere else. Perhaps they assess owners or get a loan that has to be paid back when everything is wound down. The net result isn't any different.

 

[paxsarah]

but there are countless owners who paid into that reserve fund that wont see a dime of the sale price.

The only ones who won't are the ones who make the affirmative choice to swap their deeded points for Club Wyndham Access points before the sale. So, by definition, not countless but easily counted (by Wyndham, at least, who will be managing that swap). For the ones who carry on, if there's a sale amount worth mentioning, they'll see their share. But the bottom line should be the same, whether the resort uses reserves to pay expenses until the sale is complete, with a share of any remaining reserves being returned along with the share of sales proceeds to the owners of record as of the closure, or if the resort collects 2026 maintenance fees from that same pool of owners and uses that to pay expenses, then returns a share of any remaining maintenance fees, reserves, and the share of sales proceeds to the owners of record as of the closure. But why collect extra maintenance fees if the reserves can cover it?

 

[shawnee83]

The exact time and date of the HOA meetings are dependent upon the HOA in scope. We're tracking all of this in the chart in the OP here in this thread. The Ridge Top HOA is voting on 10/20/2025 - which essentially means all of the other HOA votes will be clustered right around that same date - since the Wyndham and legal personnel visiting each resort are only in town for 1-2 days to facilitate the meetings.

River Village Phase IIB (AKA River Village II) of Shawnee is also having an HOA meeting on 10/20/2025.

There have been some interesting comments recently on how the reserve funds can be handled. I wish I could read the legalese in the proxy statements but that seems to be one of the points they are voting on: not collecting 2026 fees (or at least pausing) and how to handle the current HOA assets.

If I get even $1 from the liquidation I will consider myself lucky

 

[gelinasrj]

Just received my notice from Wyndham Newport Overlook for a special meeting on October 13 to vote on Chapter 11 filing. Not much info on what fixed week owners will receive.
No information on what will happen to the accumulated repair reserves. The included an amended 2026 budget of $412.70 for 2026 to maintain the property that I presume we have to pay to remain an active owner. There is a statement that if costs exceed budget, there will be a special assessment but nothing about if the costs are less than budgeted.

I believe I saw an earlier post that Wyndham owns more than 50% of the interval weeks at Overlook so it probably makes no difference how w, as individual owners, vote.t

 

[HitchHiker71]

River Village Phase IIB (AKA River Village II) of Shawnee is also having an HOA meeting on 10/20/2025.

There have been some interesting comments recently on how the reserve funds can be handled. I wish I could read the legalese in the proxy statements but that seems to be one of the points they are voting on: not collecting 2026 fees (or at least pausing) and how to handle the current HOA assets.

If I get even $1 from the liquidation I will consider myself lucky

Definitely keep us all posted on this thread moving forward regarding any additional developments and/or comms, we very much appreciate it - we're stronger together! I've updated our tracker with the RVIIB info, many thanks!

 

[HitchHiker71]

Just received my notice from Wyndham Newport Overlook for a special meeting on October 13 to vote on Chapter 11 filing. Not much info on what fixed week owners will receive.
No information on what will happen to the accumulated repair reserves. The included an amended 2026 budget of $412.70 for 2026 to maintain the property that I presume we have to pay to remain an active owner. There is a statement that if costs exceed budget, there will be a special assessment but nothing about if the costs are less than budgeted.

I believe I saw an earlier post that Wyndham owns more than 50% of the interval weeks at Overlook so it probably makes no difference how w, as individual owners, vote.t

Thanks for posting this into the thread. We've been anxiously awaiting any/all guidance from either of the two Newport resorts. I've updated the tracker accordingly. We are now down to a single resort - the Bay Voyage resort - that has yet to be officially confirmed. I'd imagine that's coming soon to a theatre near us.

 

[HitchHiker71]

So if Crestview was involved does that mean Wyndham is filing bankruptcy for these properties?

That would fit the pattern that has emerged for every other HOA/resort to date yes.

 

[HitchHiker71]

Is Wyndham in financial trouble ? Do they owe a large amount of dollars to a hedge company?

There's no indication from the public financials of anything along this line. As a publicly held stock, it's all out there for anyone to see really.

 

[HitchHiker71]

River Village is in play too? I thought the word was that there were 2 HOA's at Shawnee leaving and those two were Crestview and Ridge Top.

It's been the assumption for the vast majority of this thread that Wyndham is exiting this resort in entirety - that's why all employees were informed in advance that their employment would only be until 12/31/2025 when this all started.

 

[HitchHiker71]

Crestview has it's own HOA. Crestview was built and owned by Wyndham. 6 HOAs.

Are you certain about this - or were those units simply added to the existing RidgeTop HOA since they literally have ridge top addresses.

 

[Kimbee17]

I’m here in Canada with a postal strike underway therefore have received nothing regarding my Shawnee ownership. Thank you all for posting.

 

[CO skier]

but there are countless owners who paid into that reserve fund that wont see a dime of the sale price.

That is effectively no different than a timeshare owner who pays into a reserve fund for 8-10 and then sells the ownership just before a major renovation is done. It is the new owner who benefits from the 8-10 years of reserves paid by the previous owner.

 

[Colonial#1]

I would like to hope they keep some units at Shawnee. The Crestview units are nice, River Village was not.

River Village I is great..overlooking the golf course, Inn, river and the wooded New Jersey State Park.
We've enjoyed both I and II (R-162) for 40+ years.

 

[shawnee83]

The material I got (for River Village Phase IIB) says there will be an option to attend via Zoom, but proxies will not be accepted via Zoom. I did not see any details on the Zoom in the letter I received. Maybe there's more info if you actually register for the meetings (separate from voting proxies).

(yes I am replying to my own post )

I looked in my email and I got a confirmation for registering for the "special meeting." The Zoom call connection details are in that email, so be sure to sign up at the URL listed on the white pages. Don't worry too much about your proxies, I'm sure the fix is already in for that

 

[schreff]

Neither Wyndham nor the HOAs have really explained the legal concepts they're using here. I think the Chapter 11 is a red herring WRT the resorts closing - the HOAs can't "go bankrupt" in a general sense, they can always impose assessments. Also all the meetings reported so far include votes to terminate the timeshare per the rules set up when the timeshare started. So whatever the Chapter 11 is for, it's not to close the resorts from what I can tell. That could have happened with just the votes in the meetings to terminate.

The really confusing thing is that Chapter 11 gives the BODs the tools to do more than there stating now. Will this be under the direction of Wyndham in lieu of a court appointed trustee. This is a concern.

 

[shawnee83]

Will this be under the direction of Wyndham in lieu of a court appointed trustee.

Since the River Village Phase IIIB HOA (for one) proposes to engage the same law firm (K&L Gates LLP) that has represented Travel & Leisure in other matters, it sure seems like a concern. But like I say, the fix is in

By the way, that KL Gates LLP law firm is GIGANTIC and has offices all over the country. I wouldn't be surprised if they are representing all of the HOA's

 

[Freyja]

I have not gotten anything or heard anything yet.

Just got my Bentley Brook proxy letter the meeting is October 14.

 

[paxsarah]

We are now down to a single resort - the Bay Voyage resort - that has yet to be officially confirmed

Last Friday

I saw a very brief comment from a Bay Voyage owner who said they got their letter yesterday. No details at all (it was just a quick comment on a post that was otherwise about Patriots' Place).

See if you can get any additional info and please post it back here if you can. I'm "light" on info on the two Newport area RI resorts to date.

The Bay Voyage meeting is October 13, and she mentioned the verbiage in the letter is basically the same as others have posted from other resorts.

 

[HitchHiker71]

Since the River Village Phase IIIB HOA (for one) proposes to engage the same law firm (K&L Gates LLP) that has represented Travel & Leisure in other matters, it sure seems like a concern. But like I say, the fix is in

By the way, that KL Gates LLP law firm is GIGANTIC and has offices all over the country. I wouldn't be surprised if they are representing all of the HOA's

This has already been covered in this thread previously. The same law firm and the same real estate firm are being used by all resorts subject to these actions.

 

[Fitzriley]

So after seeing this I called Wyndham.today to ask about my deeded Bentley Brook which was converted years ago to Wyndham Points Plus. After speaking to 3 different people, I learned very little. It is up for sale. As a deeded.owner I can wait for any potential sale to close and get bought out based on how much they sell it for or I can convert to Wyndham access points, which will allow me to continue my points in Wyndham but with no deed.

I have wanted out of this timeshare for years, so I am hoping to get more clarity tomorrow calling the resort directly to see if I can expedite my exit. I may just use up this year's points and stop paying maintenance in January. I don't see me getting any payout from Wyndham, but will dig deeper before deciding how to exit.

 

[Floridaman76]

I have wanted out of this timeshare for years, so I am hoping to get more clarity tomorrow calling the resort directly to see if I can expedite my exit. I may just use up this year's points and stop paying maintenance in January. I don't see me getting any payout from Wyndham, but will dig deeper before deciding how to exit.

If you want out, this is literally your golden ticket to exit free and clear, and probably get some money out of this. This particular resort, out of all of them, I would think would sell for a pretty good amount.

This is literally the only circumstance you won't be giving this away for free or by having to pay to exit.

 

[HitchHiker71]

The Bay Voyage meeting is October 13, and she mentioned the verbiage in the letter is basically the same as others have posted from other resorts.

Noted - I will update our tracker accordingly - thanks for sharing.

 

[ChristopherHM]

Well i finally received paperwork from Oak Knoll HOA- Fairfield Glade. Meeting scheduled for Friday Oct 10 2025. 9 AM CST Looks pretty much the same as what was posted (pg. 119 ) on the Wellington HOA - Fairfield Glade.