Mr. Parise,
When CWA came out, it was mostly inventory the company couldnt sell or use. IE. Sea Gardens, Avenue Plaza, Fairfield Bay, Fairfield Glade.
THE PITCH was you can get at "any" of the resorts in CWA with a 13mth priority. What they DIDNT tell you was, you can book The Glade all day at 13 mths out, but try to get Panama City Beach or Ocean Blvd.. Hahah best of luck.
And a maintenance fee being managed? I dont call over $5.00 being managed. I call it, someone is fueling their jet with the profits.
We aren’t talking about arp. The discussion was about maintenance fees. And the goal, stated at the annual meetings I attended was to keep mf at or below average.
These annual meetings were lightly attended and I was able to speak to Mark Gray (the association president) and the treasurer (Hernandez) personally after the meeting
As I said above they may have been lying but the real proof that they weren’t was in my own accounts. I have owned contracts deeded at nearly all the resorts and twice have owned over 30 million points. I was not careful about buying only the low mf, I took everything that I was offered for free and that I could buy at low prices. What im saying is that I owned the averages. And my average mf was about what CWA was.
It’s only recently that the CWA mf has gotten a little above average
I think the misconception is that only the high mf contracts go back through Ovation. And before Ovation only folks that owned the high priced contracts paid the post card companies to get rid of them. I was able to get as many Bali Hai and National Harbor and Panama City points for free or neerly so, as the higher mf contracts
I have seen the CWA book and I was allowed to review it at length (in the San Diego sales room) my interest was only New Orleans ( I wanted to determine whether I should buy CWA or labella points for arp.
I had been told that the goal was for CWA to own 25% of all the resorts and I confirmed that they weee there at Labelle If CWA ends up owning 25% of everything then CWA mf will be “average”
The newer resorts with the higher points value, assuming that some of these places geo to CWA, will serve to push down the averages. Not push them up
When I was going to wyndham sales meetings, my experience was that I knew more about the product and how to use it than any of the sales people or sales managers that I met. Once the sales staff at a property figured out that they couldn’t snow me, they threw me out or let me teach them a thing or two
Don’t get me wrong, I attended those sales meetings to learn what I could, and I did learn some things, but usually the flow of information went from me to them
bottom line is that I’d advise the folks here on tug to take what any “expert” (including me) might say here with a grain of salt.