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

[HitchHiker71]

I would agree. Has Wyndham thought of all the possible scenarios that owners could be in and came up with a targeted offer for them? I would hope so. However, we are usually just left gnashing our teeth trying to figure everything out based on owner reports in the forum an on Facebook because these companies don't usually share the whole plan with everyone. They just notify those people who are impacted and what their options are.

The short answer is yes, I already indicated in another post that the CWA swap letters will to some extent be tailored to the user's account, and a dedicated phone number and team will be ready to answer any questions on this specific topic. The message I'm consistently getting from Wyndham, is if anyone has any questions, please call the number listed in the upcoming missive for more information and guidance.

 

[HitchHiker71]

That situation doesn't apply to me, but I do think anyone who paid for points and rolled them over should be able to use them without swapping to cwa. Wyndham has one-time points products, it would be possible for them to do so.

A cwa swap (with no guarantee of exit later) shouldn't be mandatory to access usage that has already been paid for.

We did make a recommendation to use goodwill points in at least some scenarios to preserve existing reservations where the leftover points in the future use year after contract removal result in a negative points balance. Again, for those exiting Wyndham - going to zero contracts as a result of these actions - sorry but you're going to be out of luck - just the same as if an owner existing Wyndham via CE would also not be able to preserve future use year reservations (unless Limited Edition was granted - which is no longer available as of earlier this year).

 

[HitchHiker71]

That's an interesting idea. This could be handled with the Discovery mechanism, more or less. i don't think they will, but it does seem like they could.

The challenge is that apparently a good subset of these owners exiting are fixed week owners. AFAIK Limited Edition was never made available to fixed week owners, only points owners.

 

[HitchHiker71]

In yesterday’s Laurel Ridge meeting, a similar question was asked. The Wyndham rep said that process is currently underway and that is why she couldn’t say exactly when everyone will be contacted.

Did you catch the name of the Wyndham rep(s) in question?

 

[bnoble]

The challenge is that apparently a good subset of these owners exiting are fixed week owners. AFAIK Limited Edition was never made available to fixed week owners, only points owners.

True, but those owners also did not deposit their points forward to a future year. They may have deposited to RCI, but those are still going to be there, and Wyndham was not paying for the RCI account for an uncoverted weeks owner.

(I am only thinking of the corner case of: deposited 2025 points forward, but in an account that only has resorts that are terminating and does not wish to take CWA.)

 

[chapjim]

But, wouldn’t that also increase the costs for keeping the resort operational, and, potentially, delay the sell of the property, which would further reduce the funds available to pay creditors and owners once the property is sold?

Let's face it -- consummating the sale of any of the resorts by December 31 is a fantasy. OIRC is farthest along and hasn't filed Chapter 11 yet. Changing the 12/31 deadline would not cause any delay in the sale. Rather, it would reflect reality -- that a sale by 12/31 is not in the cards so let's pick another drop dead date.

It's not like costs go to zero after the 12/31 deadline. At OIRC, the estimated cost per interval in 2026 is $762.66. For 2025 it was $1,101.25.

Keep the resort open for three (six) months and charge one-fourth (one-half) the budgeted maintenance fee. Transfer reserves to the operating account when the process is further along than it is now.

 

[HitchHiker71]

Which is what should happen. I don't own an affected resort, they have no obligation to communicate with me. But I do hope they end up doing the right thing for those edge cases. I suspect the reticence to do so is more the effort than the cost, but hopefully they come up with a way to do so. I think leveraging their "one-time-use" points product might make sense.

The actual letters that will be sent out will be explicit with options, and again, a dedicated phone number/team will be available to answer any/all questions. This same missive will also be sent via email in addition to snail mail - and will be sent to all email addresses on file with Wyndham for the impacted account(s) - not just your primary email address. Two emails is better than none type thing.

 

[Floridaman76]

The challenge is that apparently a good subset of these owners exiting are fixed week owners. AFAIK Limited Edition was never made available to fixed week owners, only points owners.

Pure weeks owners never would have deposited POINTS into future use years. I guess they could have traded their week into RCI, but that's a different conversation.

Honestly this seems like a "could do" but don't want to. The discovery example would be a very good analog. Create an account similar to Discovery with a one year lifespan starting Jan 1, you have 1 year to use your points, then bye

 

[HitchHiker71]

Let's face it -- consummating the sale of any of the resorts by December 31 is a fantasy. OIRC is farthest along and hasn't filed Chapter 11 yet. Changing the 12/31 deadline would not cause any delay in the sale. Rather, it would reflect reality -- that a sale by 12/31 is not in the cards so let's pick another drop dead date.

It's not like costs go to zero after the 12/31 deadline. At OIRC, the estimated cost per interval in 2026 is $762.66. For 2025 it was $1,101.25.

Keep the resort open for three (six) months and charge one-fourth (one-half) the budgeted maintenance fee. Transfer reserves to the operating account when the process is further along than it is now.

The 12/31/2025 date is when the resorts are being removed from the Club. That date has nothing to do with the BKO process or the actual disposition timelines.

 

[HitchHiker71]

True, but those owners also did not deposit their points forward to a future year. They may have deposited to RCI, but those are still going to be there, and Wyndham was not paying for the RCI account for an uncoverted weeks owner.

(I am only thinking of the corner case of: deposited 2025 points forward, but in an account that only has resorts that are terminating and does not wish to take CWA.)

The answer will likely be - by all accounts - accept the CWA swap. That might not be what people want to hear, but that's going to be the end result most likely.

 

[Floridaman76]

Really, other than allowing some reservations to play out, I don't see what use keeping the resorts open past 12/31 would have. Of course they aren't going to sell by then. I don't think that was ever a reality.

 

[HitchHiker71]

Pure weeks owners never would have deposited POINTS into future use years. I guess they could have traded their week into RCI, but that's a different conversation.

Honestly this seems like a "could do" but don't want to. The discovery example would be a very good analog. Create an account similar to Discovery with a one year lifespan starting Jan 1, you have 1 year to use your points, then bye

That would simply be done with goodwill points, no sense making things more complex with an entirely new/different discovery account in the system.

 

[HitchHiker71]

Really, other than allowing some reservations to play out, I don't see what use keeping the resorts open past 12/31 would have. Of course they aren't going to sell by then. I don't think that was ever a reality.

Again, dragging things out only serves to prolong the pain. Rip the bandaid off. Get it all over with as quickly as is feasible. This is not a net positive in the eyes of most owners, it's a net negative. Negative events are always rip the bandaid off events in corporate America.

 

[dioxide45]

That would simply be done with goodwill points, no sense making things more complex with an entirely new/different discovery account in the system.

Isn't Discovery just another form of "goodwill points". I think the thought of using Discovery type of account setup is that it is a mechanism that is already there that would cover the use case. How do they track "goodwill points" without an account?

 

[CO skier]

the rest of us left, even if we don't own at these resorts, are negatively impacted. If no other way, just by having fewer potential places to spend vacations.

You keep posting the obvious.

Wyndham is under no obligation to continue to subsidize has-been resorts just because "they are there."

There are good reasons, backed up with facts from some of the resorts, why these resorts are closing. Even you should be able to understand this.

All the gnashing of teeth on social media will not change the fact the resorts are closing (or the obvious implications).

I have stayed at over half of the impacted resorts at least once. Including 3 properties in the past calendar year.

To coin a phrase, "You had a good run, let it go."

 

[donno]

The actual letters that will be sent out will be explicit with options, and again, a dedicated phone number/team will be available to answer any/all questions. This same missive will also be sent via email in addition to snail mail - and will be sent to all email addresses on file with Wyndham for the impacted account(s) - not just your primary email address. Two emails is better than none type thing.

As I mentioned in post #2725, a Wyndham Case Specialist provided the number 877-883-3640 to call the "Deeded Inventory Swap Team" when I was asking questions about the what the disposition of reservations would be for points used from resorts that would be closing by the end of the year. I could not get my questions answered by calling that number, but they may have the information now to answer other's questions.

 

[Rolltydr]

Did you catch the name of the Wyndham rep(s) in question?

Sorry, I did not make note of that and I don't remember her name.

 

[bizaro86]

That would simply be done with goodwill points, no sense making things more complex with an entirely new/different discovery account in the system.

How would you propose they give those owners (on what is admittedly a corner case) goodwill points if their account is gone?

I mentioned the one-time/Discovery account option because that's a mechanism they already have for giving people points for a single use with an expiry date.

 

[shawnee83]

We own a week at Shawnee in unit R83 which is what we've always called "River Village II." Our proxy materials and Special Meeting notice say "River Village Phase IIIB Owners Association." Hopefully any discrepancies will be made clear at our 10/20 meeting or at the River Village I (or is it I/II) meeting on 10/20. I don't think it is worth losing sleep over but I'm certainly curious to find out what is what. Thanks to everyone who has been trying to sort all this out.

Will have to try the coffee at the Shawnee Inn. But we got a room there a few years back and the bathroom was NASTY.

 

[Floridaman76]

One of the things that I think is peculiar is the complete exit from Shawnee. I can understand shedding the worst/older sections, especially River Village I/II and Fairway Village, but it seems they could make a go of it if they retained Crestview. Those units are not that old, and while everything else may need "substantial deferred maintenance", that wouldn't be the case for Crestview.

They are doing partial exits from Edisto and Pagosa, is there something in the agreement with Shawnee that precludes that?

Even if occupancy is down, just retaining Crestview would solve that problem.

 

[dioxide45]

We own a week at Shawnee in unit R83 which is what we've always called "River Village II." Our proxy materials and Special Meeting notice say "River Village Phase IIIB Owners Association." Hopefully any discrepancies will be made clear at our 10/20 meeting or at the River Village I (or is it I/II) meeting on 10/20. I don't think it is worth losing sleep over but I'm certainly curious to find out what is what. Thanks to everyone who has been trying to sort all this out.

Will have to try the coffee at the Shawnee Inn. But we got a room there a few years back and the bathroom was NASTY.

You may have thought it was II because it was the second association. The first association seems to have been I & II (together). Nothing like coming up with confusing names for these. Not Wyndham's fault since these predate them. And what is the B for in IIIB?

 

[Greg G]

I can make the ask on Friday as to developer based ownerships within the Vacation Break section, but I doubt I'll get an answer. I can also ask if there is any intent to take similar actions for the VB section of Star Island as what we're seeing with the Wyndham owned sections already.

Any status on this?

 

[chapjim]

The 12/31/2025 date is when the resorts are being removed from the Club. That date has nothing to do with the BKO process or the actual disposition timelines.

That's my point. Why remove resorts from the club on 12/31 when the Chapter 11 filing and actual sale won't occur until say, July 1, 2026?

 

[HitchHiker71]

Isn't Discover just another form of "goodwill points". I think the thought of using Discovery type of account setup is that it is a mechanism that is already there that would cover the use case. How do they track "goodwill points" without an account?

No, Discovery is an actual membership account/type: https://clubwyndham.wyndhamdestinations.com/us/en/owner-guide/resources/owner/discovery-membership

 

[HitchHiker71]

Any status on this?

Yes, owners in the Vacation Break section of SI are not impacted by the actions in this thread.