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

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?

I said back in July I bet there's some sort of tax or other financial reason they want to close by the end of the calendar year.
 
Yes, owners in the Vacation Break section of SI are not impacted by the actions in this thread.

Other than they lose their points and revert back to their fixed week at Star Island, right? Or does their ownership continue to be a converted fixed (Vacation Break) week. In which case that would be odd because the owner would just be paying Wyndham the program fee, all MF goes to Vacation Break.
 
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?
IDK. Best guess on my part, the resorts in scope cannot enter Chapter 11 and remain part of the Club, or even if that may be feasible, it'd be messy, best to make a clean cut from the Club at year end and then manage the dispositions apart from it.
 
Other than they lose their points and revert back to their fixed week at Star Island, right? Or does their ownership continue to be a converted fixed (Vacation Break) week. In which case that would be odd because the owner would just be paying Wyndham the program fee, all MF goes to Vacation Break.
I took it that their converted weeks will still be enrolled in Club Wyndham. Based on that comment and the prior one from Greg, those Vacation Break owners with converted weeks will still participate in Club Wyndham and Star Island may still see inbound Club Wyndham guests. Star Island isn't a full exit.
 
Other than they lose their points and revert back to their fixed week at Star Island, right? Or does their ownership continue to be a converted fixed (Vacation Break) week. In which case that would be odd because the owner would just be paying Wyndham the program fee, all MF goes to Vacation Break.
My understanding is that everything remains intact for now. The VB ownerships will remain in place as normal. The VB HOA stands apart from the HOAs and actions in this thread. The VB HOA buildings were also never managed by Wyndham. Period, end of story.
 
Sorry. I was confusing it with Limited Edition. They could set it up similar to Limited Edition.
CE LI was three years, not one.
 
True, but they could provide something similar to LE but just for one year.
They could do all kinds of things in theory, but I wouldn't hold my breath folks. If you want to keep your existing future use year reservations, and are in this specific scenario of having zero contracts with Wyndham due to these actions, take the CWA swap.
 
My understanding is that everything remains intact for now. The VB ownerships will remain in place as normal. The VB HOA stands apart from the HOAs and actions in this thread. The VB HOA buildings were also never managed by Wyndham. Period, end of story.
Since that is the case (i.e. you confirmed with Wyndham the response I got from Star Island) then the table should probably be updated to indicate Wyndham is Consolidating instead of completely exiting Star Island. Possibly add further explanation in the Comments column.

Can you possibly ask Wyndham, at your regular meetings, how many Star Island unit owners are in Wyndham points/the Wyndham system that are not part of the bankruptcy, to gauge what % this is of the overall number of units at Star Island.
 
My understanding is that everything remains intact for now. The VB ownerships will remain in place as normal. The VB HOA stands apart from the HOAs and actions in this thread. The VB HOA buildings were also never managed by Wyndham. Period, end of story.

So Srar Island will still be bookable by Club Wyndham owners, but we would be booking only non-Wyndham units? (because the Wyndham owned units are being removed)? Last time I stayed there it was in Building 19 which I think I saw somewhere in the thread was a Vacaton Break building/unit?

I think that's a change from what's been discussed.

I'd much rather keep some piece of Shawnee than Star Island, but guess we don't get our say.
 
So Srar Island will still be bookable by Club Wyndham owners, but we would be booking only non-Wyndham units? (because the Wyndham owned units are being removed)? Last time I stayed there it was in Building 19 which I think I saw somewhere in the thread was a Vacaton Break building/unit?

I think that's a change from what's been discussed.

I'd much rather keep some piece of Shawnee than Star Island, but guess we don't get our say.

Not necessarily per the response I got from Star Island shown below (which is indicating there are Wyndham unit owners in buildings other than the ones in that bankruptcy).
Granted, Star Island resort management company (not Wyndham and Wyndham never was the management company at Star Island as far as I know) could move people around to wherever they want to accommodate certain requests so they may end up in a non Wyndham owner unit.

I asked Star Island the following:

"Another question, although I am not affected by it, for owners that are not part of the bankruptcy (not in bldgs 20,21,23 and 25) but who are part of Wyndham system (have Wyndham points, or are in the Wyndham system) what is the plan by Wynham for them? Will Wyndham still have a small presence at Star Island for those cases? Possibly you don't have the visibility to answer this but I thought I would ask."

Star Island's response:

"Thank you for your email.

You are of course talking about Vacation Break. In Vacation Break, Vacation Break deeded owners were offered the opportunity to upgrade to Wyndham points. Provided they pay the necessary annual fees to Wyndham, Vacation Break owners can participate in the Wyndham system. If they do not, their ownership reverts back to deeded ownership.

While we cannot speak for Wyndham, we can provide you with what has been communicated to the Vacation Break Association. Vacation Break owners who have converted to Wyndham points, we have been told, will not lose this right. Moreover, Vacation Break inventory that has been deposited for exchange will be available for incoming RCI and Wyndham guests. In other words, Vacation Break at Star Island will still receive incoming RCI and Wyndham guests. It is our understanding, though we were not on the call, this was communicated to owners within the Wyndham Association at Star Island."

So this confirms that Wyndham will still have a presence at Star Island. Way back in time when I was offered the chance to convert to Wyndham points I did not. However it appears @regatta333 did or obtained a unit that was already converted.
 
So Srar Island will still be bookable by Club Wyndham owners, but we would be booking only non-Wyndham units? (because the Wyndham owned units are being removed)? Last time I stayed there it was in Building 19 which I think I saw somewhere in the thread was a Vacaton Break building/unit?

I think that's a change from what's been discussed.

I'd much rather keep some piece of Shawnee than Star Island, but guess we don't get our say.

I will have to inquire specifically with regard to whether or not the VB units will be accessible within Club Wyndham after 12/31/2025. I will make the ask.


Sent from my iPhone using Tapatalk
 
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.
Probably easier to sell the whole development, versus selling everything minus Crestview.

Edit to add, also then would have to hold on to the common amenities areas - pool, clubhouse, etc etc just for Cretview.
 
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An owner on Facebook received an HOA letter from Star Island (though he provided few details): “Received documentation today about Star Island's pending Chapter 11 Bankruptcy request and hiring individuals/firms to facilitate a sale.”
Do you know how I can contact that owner , so I can get the voting documentation they had, to see what all reasons were stated for the bankruptcy?
 
Just seen this. What happens in my situation. Just purchased a star island resale contract. Transfer has not been completed yet. Do I just lose out?
 
Just seen this. What happens in my situation. Just purchased a star island resale contract. Transfer has not been completed yet. Do I just lose out?

Speculating that if the company doing the transfer has already done the title transfer / records the deed in your name with the Clerk of the Court, you are the legal owner of the interval.

HOWEVER, it's doubtful Wyndham will transfer the contract into your name. So you will likely not end up with any points in Club Wyndham.

My experience is the way these timeshare transfers work is you pay the title company doing the transfer, then docusign all the documents and send back to them. The title company records the deed with the Clerk of the Court, and once that is complete, they send the Wyndham Contract transfer info to Wyndham who processes the points transfer. The Wyndham title department has been cancelling these transfers for resorts they know are closing, but they have no legal authority to "undo" the deed transfer, which is a real property transaction they have no ownership interest in.

What's worse is the people at Wyndham who will ultimately be doing all these conversions and payouts will likely see the previous owner's name on the contract and contact them. You won't be recognized as the owner.

This is a weird gray area, because legally you are the owner, but Wydham will try to pay the person they think is the owner when the property is ultimately sold.

Can you "undo" the deed registration? Maybe, but the previous owner would need to be willing I think.

I'm also not a lawyer but I think this is how it will work. Hopefully you are not out much money.
 
Just seen this. What happens in my situation. Just purchased a star island resale contract. Transfer has not been completed yet. Do I just lose out?
Depends on if this resale contract is resale of a unit involved in the bankruptcy. What information do you have on this resale?
 
WYNDHAM STAR ISLAND ~ 168,000 ANNUAL POINTS ~ 2026 USE AVAILABLE!! Is what I bought of eBay. Sign and returned the purchase and sales agreement this morning. Only paid $1
 
Just seen this. What happens in my situation. Just purchased a star island resale contract. Transfer has not been completed yet. Do I just lose out?
What is the HOA name on the deed? It should be part of the legal description. If it is Vacation Break. you are likely okay. If it is Star Island Vacation Ownership Association, Inc. then that is the association filing bankruptcy.

WYNDHAM STAR ISLAND ~ 168,000 ANNUAL POINTS ~ 2026 USE AVAILABLE!! Is what I bought of eBay. Sign and returned the purchase and sales agreement this morning. Only paid $1
If you just signed it this morning, you need to contact the seller and tell them it needs to be cancelled because they failed to disclose a material fact in the timeshare resale listing that the HOA was filing bankruptcy and the property would be closing. You should also have 10 day rescission, even on a resale Florida contract.
 
What is the HOA name on the deed? It should be part of the legal description. If it is Vacation Break. you are likely okay. If it is Star Island Vacation Ownership Association, Inc. then that is the association filing bankruptcy.


If you just signed it this morning, you need to contact the seller and tell them it needs to be cancelled because they failed to disclose a material fact in the timeshare resale listing that the HOA was filing bankruptcy and the property would be closing. You should also have 10 day rescission, even on a resale Florida contract.
Thanks
 
HOWEVER, it's doubtful Wyndham will transfer the contract into your name. So you will likely not end up with any points in Club Wyndham.
If a deed is recorded, then they are the owner of record and should be the owner that is paid out when any remaining residuals from sale and closing are paid. While Wyndham may not need to recognize the owner, the HOA should still be updating their records. The court is likely going to require adjudication and notification of all the owners to ensure the correct owner of record is the one that is paid any residuals.
 
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