Well, that's certainly a big impact on a percentage basis. I do think $1/contract for CWA is likely coming back this winter. Prices are set based on supply and demand. Megas using VIP on resale points will be getting out, increasing supply of contracts. But megas were also previously a big source of resale demand, so demand will be down also. I think the combination of that takes prices down dramatically. Obviously ovation should keep the $0 value as a limit.
And for the folks who do have 50 million resale points $5/1000 is $250,000. Whereas $1/contract is ~$0. I'd think it was a big impact if I lost a quarter million dollars.
Anyway, I own zero Wyndham so no horse in this race.
Well, I do own Wyndham and I see no change in resale value which is essentially $0 for a seller if Wyndham accepts my contracts in their Certified Exit program and I have desirable resorts for potential buyers.
It seems that for most member's the uncertainty of the length of time for the sale and closing while mf cost is accumulating doesn't seem to make it worth the aggravation of not using Wyndham.
By the way, I never stated in the past that Wyndham would not allow resale contracts to use vip benefits.