[ 2017 ] How to compare point systems?

[CO skier]

I know I argued with WM folks who wanted to make 10K the average for 2 BR in the highest season, but that ignores that fact that the new TX resorts all require at least 12.5K to 15K for the same size unit. I think some had an agenda to make their ownership look like a better choice. To me it is what it is.

The WorldMark TX resorts are outliers.

In 2021, the average credits for a Red (highest) season 2 bedroom for all US WorldMark resorts is 11,238 credits.

In 2021, the median credits for a Red (highest) season 2 bedroom for all US WorldMark resorts is 10,000 credits.

In 2021, the WM MF is $1130 for 11,000 and 12,000 credits, so someone who bought 12,000 credits would have a 9% lower mf/credit compared to an 11,000 credit owner.

 

[CO skier]

I noticed the Average (2br) Maint Fees for Wyndham changed from $1150 to $1440 and Worldmark from $1k to $1,130 from when it was originally posted 4 1/2 years ago. Did Wyndham really increase by 25% over that time, while Worldmark only increased by 13%? What about fee increases for the other Timeshare systems? We are no longer comparing apples to apples.

The WorldMark mf for 11,000 credits was $939 in 2017. $939 to $1130 is a 20% increase.

 

[pedro47]

Great advice and information by some Tuggers; but the OP, have not posted since 2017.

 

[TUGBrian]

so 1300ish for wyndham and 1130 for wm?

 

[bnoble]

the $1440 number is just wrong---it should be more like $1200.

I went back to double check just to be sure. The median $/K of the UDI deeds reported in 2021 was $5.78 (once you remove the whole-week numbers from the column). The Program Fee averages 0.63, for a total of $6.43. If the average 2BR takes 190K (as claimed in the comparison table), the total cost is $1,221.70. So I'd call Wyndham either 1200 or 1225 not 1300.

I don't have an opinion about WorldMark, and I'm assuming the 190K figure is correct.

 

[TUGBrian]

taking community input to update this for 2024!

Comparison Chart of current major point system Timeshare developers

Oct 2024 Update! Please help us update the points/fees entries for this to bring it up to date! check out the chart below and post your maint fee or point value updates so we can get it included! We have compiled a chart that provides a great high level overview comparison of the major...

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