Carolinian
TUG Member
Check out the deal on Ryan Air. They are selling two milliion seats at 79 pence each, which is about US$2, plus tax, of course.
www.ryanair.com
www.ryanair.com
Carolinian said:Check out the deal on Ryan Air. They are selling two milliion seats at 79 pence each, which is about US$2, plus tax, of course.
www.ryanair.com
BocaBum99 said:I guess this will put all airlines out of business due to their dumping of seats, right?
Keitht said:This is a regular occurrence with Ryan Air. It hasn't put the other airlines out of business yet. They are a LCC anyway and £10 flights are commonplace with them. Is that a problem for you??
BocaBum99 said:Oh, I get it. So, dumping of inventory onto a free market doesn't necessarily kill the industry, right?
getreal said:Boca ... don't hold back, please tell us how you really feel about this.
Perhaps you want to start a seperate thread to discuss RCI rentals in detail, because there seems to be a lot of interest about weeks being dumped onto the rental market and what it will do to timeshare.
My personal issue with RCI is that they are very secretive. It does not have to be that way. I think they can make a good living and be transparent. Somehow they prefer not to. The combination of rentals and secrecy makes me uncomfortable.
I think it is valid for you to make comparisons to other travel industries like airlines. An obvious parallel is that an timeshare week is like an airplane seat. If has a very hard expiration date, and if you cannot find a buyer before this date, its value drops to zero.
But the difference is that the airline industry is an open market whereas TS has a monopolistic RCI that manipulates it, and your comparisons should take this in mind.
You know, the only ones that are laughing is RCI. All the way to the bank.BocaBum99 said:LOL. ... ROFL.
getreal said:. At this stage RCI is growing and gobbling up other exchange groups like Worldmark, VRI, etc. I think they still have the wind at their back.
There is no fact behind the statement that RCI is gobbling up VRI. Don't want anyone to get nervous about that.getreal said:At this stage RCI is growing and gobbling up other exchange groups like Worldmark, VRI, etc. I think they still have the wind at their back.
timeos2 said:There is no fact behind the statement that RCI is gobbling up VRI. Don't want anyone to get nervous about that.
timeos2 said:There is no fact behind the statement that RCI is gobbling up VRI. Don't want anyone to get nervous about that.
getreal said:Does VRI still have their own exchange system, or was that taken over by RCI?
Just checking.
JeffV said:I don't recall VRI ever having their own exchange system. They do rent time to members at discounted prices.
getreal said:You know, the only ones that are laughing is RCI. All the way to the bank.
I think you suggest that the current market movement is toward openness & transparency. I like your insight and while I hope you are right, I am not sure.
If you look at Ebay that is totally open and and how much business they do, it is a joke that RCI is still around. At this stage RCI is growing and gobbling up other exchange groups like Worldmark, VRI, etc. I think they still have the wind at their back.
Your comment "many timesharers who loved the way timesharing used to be want to preserve it" is very true. Many TUGgers kid themselves to think they are part of a select group that know how to game the system to their own advantage. This attitude reminds me of the so called Soviet experts in the 1970's who claimed they could predict what the Soviet Union was up to next. Again you can hear RCI laughing.
Carolinian said:I have seen a lot of threads hijacked to be pro-points and/or pro-rental threads, but this is unusual - a thread on an AIRLINE sale getting hijacked in that manner. Amazing!
BocaBum99 said:Cendant is breaking up into 4 distinct companies this year. RCI will be in a different company than Trendwest and Fairfield. Trendwest and Fairfield will likely be merged into the same brand. My guess is that they call it Wyndham.
BocaBum99 said:Carolinian,
It's just that you are such a draw on TUG that everyone follows you around. You are a TUG superstar.
getreal said:Is this in any way going to change RCI's monopoly on exchanges? Is the new Wyndham going to handle its own exchanges or still funnel them all through RCI?
getreal said:Boca
That is a very lucid argument. I think many people would love to be rid of RCI's high-handed way of dealing with us.
And so one of the reasons I tend to take statements by outsiders and the press in general with a grain of salt. I see it all too often when a general news outlet tries to cover a story about a technical company such as Microsoft or AOL. They tend to use what they think is "common knowledge" rather than actually researching what is involved and often come to completely incorrect conclusions. Unfortunatley I see a similar pattern regarding exchange companies - RCI in particular - where "eveyone knows" what they are doing based not on personal information but inuenedo, "insider" leaks and speculation. All may be correct but my experience with that approach to obtaining "facts" in areas where I do have knowledge has a long history of arriiving at erroneous answers.getreal said:I think they did ... look at http://www.timeshareforums.com/showthread.php?t=151 (post #3)
Implicit in your reply is that they no longer have it. Another score for RCI !