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Closed Wyndham Vacation Resort Programs 2016

lcml11

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Does anyone know the name(s) of programs Wyndham Vacation Resorts closed in 2016, if any?
 

lcml11

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define "program"

Same meaning as used in the following post you made awhile ago on the Suspended Accounts Tread, or any others for that matter. Any programs that CO Skier knows about that were closed. Just on a fishing trip.

"as a result of seeing whats possible (60 million points in a 2 million point account) Wyndham has already closed the program that made that possible. This Witch Hunt is designed, I think, to find other loopholes that had similar outcomes."
 
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ronparise

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I was being purposely vague in that post.. Im not at liberty to say exactly what that program is or was or even if it even existed. What I will do is quote Steve Holmes' (Wyndham Worldwide CEO) comments from the 1st quarter 2016 earnings call

"Now, to be honest, we have not gotten that kind of response that we were thinking we might see on Ovation not as many people have taken us up on the offering, but we're going to continue to refine it and improve it,,,"

and from the 2nd quarter

"The other thing is we have cost of goods sales which we have been able to manage down through some efficient inventory acquisition methods, and so that's helping us get there."

"We're sourcing lower-cost inventory through cycled inventory"

What I took from these comments is that Wyndham has or had a program or programs supplementing Ovation to acquire recycled inventory at a low cost. And what I said in the post you quoted is that one program ended at about the same time our accounts were suspended
 
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lcml11

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I was being purposely vague in that post.. Im not at liberty to say exactly what that program is or was or even if it even existed. What I will do is quote Steve Holmes' (Wyndham Worldwide CEO) comments from the 1st quarter 2016 earnings call

"Now, to be honest, we have not gotten that kind of response that we were thinking we might see on Ovation not as many people have taken us up on the offering, but we're going to continue to refine it and improve it,,,"

and from the 2nd quarter

"The other thing is we have cost of goods sales which we have been able to manage down through some efficient inventory acquisition methods, and so that's helping us get there."

"We're sourcing lower-cost inventory through cycled inventory"

What I took from these comments is that Wyndham has or had a program or programs supplementing Ovation to acquire recycled inventory at a low cost. And what I said in the post you quoted is that one program ended at about the same time our accounts were suspended

Thanks. It sounds like a take back program of some sort, if it existed.

http://seekingalpha.com/article/399...lmes-q2-2016-results-earnings-call-transcript
 
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