[CONTENT REMOVED FROM ORIGINAL THREAD PLACED HERE] Legal debate thread for the ongoing Wyndham resort closure actions...

[schreff]

Sorry wrong topic.

 

[CO skier]

It remains to be seen what will occur after Wyndham notifies all affected owners that resorts they own and/or have 2026 reservations at will be closed by the end of January 2025. The good thing is that owners will then have a choice and not until the choice is made will we know how significant the loss of supply of available units will be.

It is likely the majority of owners affected by the closures will bail out of Wyndham rather than continue through the CWA swap. For many it is a serendipitous, easy exit; others will exit because their favorite resort(s) are no longer available through Wyndham, so why stay?

What happens when all those 2026 summer reservations at non-affected resorts booked with 2026 points from the owners at closed resorts are cancelled? More supply(!) versus the demand from owners remaining through the CWA swap. The owners accepting the swap will, presumably, just have the points swapped within their account and retain the reservations previously booked with 2026 point at the closing resorts. Zero increased demand there. Anyone want a summer 2026 reservation at Bonnet Creek?

 

[Jan M.]

It remains to be seen what will occur after Wyndham notifies all affected owners that resorts they own and/or have 2026 reservations at will be closed by the end of January 2025. The good thing is that owners will then have a choice and not until the choice is made will we know how significant the loss of supply of available units will be.

There's been a lot of discussion about the supply and demand. I can safely predict in the coming months that we'll see a lot of posts from owners saying they had no problem finding what they wanted. Many of those owners experiences I would probably consider barely partially relevant to entirely irrelevant.

We've stayed in Newport, RI for 17 nights in 2022 and 22 nights in 2023 in fall leaf season. On one fall trip we broke up the drive with a couple nights at Shawnee Village. We weren't there long enough to really experience the resort but it sure beat driving straight through from Williamsburg like we'd done the year before. Speaking of Williamsburg. We had a several week stay over last Christmas and New Year's there. Our son and his family joined us. In the spring we were there for 39 nights. We stayed in Branson for 27 nights, including Memorial Day weekend, in the spring of 2023 and 6 weeks in the fall of 2024, including Thanksgiving week. We have family in Tennessee and have had numerous stays there at all of the 4 Tennessee resorts. Some of the family especially like Fairfield Glade. We stayed at Smoky Mountains for several weeks over Easter. Our son and his family had their own unit for their spring break week. Our niece who lives in Tennessee and her granddaughter, who is close in age to our oldest granddaughter, also joined us. We like the lagoon view units in the Sea Palms section of Ocean Ridge resort in Edisto, SC. This spring we stayed in that section 16 nights and a few years ago stayed in that section for 4 weeks. We actually like Star Island and have stayed there numerous times. Sometimes even when I had the option of something also being available at Bonnet Creek.

Now if someone like me, not it lol, were to track the resorts in those areas to see if we could get what have been our typical stays, that would actually be quite relevant. However not still not relevant for probably the majority of owners who don't and/or can't travel like we do. We're retired, quite willing to be flexible about where and when we go, and travel a lot. Starting in 2018, 180 something nights to 230 something nights in the timeshares each year with 2.5-3.5 month long spring and fall trips and stays in between them.

So far we don't have a total on the number of units at the resorts and sections leaving our system. Anyone have a SWAG? Less than1k, 1k-2k, more than 2k? Yes, we'll be losing owners but proportionate to the number of units, how does that look? Another thing to consider, Wyndham's main business is selling; so how long will it take to replace however many owners are leaving? A year, two years?

We're seeing a number of comments about how those resorts/sections weren't fully occupied anyhow. What I think those commenting aren't taking fully into account is that those resorts would have had peak times/seasons they had much higher occupancy numbers. The people who stayed at those resorts during those times will be looking at where else they can go at those high demand times. Of course there's going to be a greater demand on the supply!

Yes, we'll be getting the Sports Illustrated resorts but their point charts will be considerably higher than the resorts we're losing. Wyndham wouldn't be where they are in the business world if they didn't make multifaceted plans. It's no coincidence that many owners will be needing more points to be able to have stays they'll want. That's a driving part of a good business plan for a successful company.

 

[comicbookman]

There's been a lot of discussion about the supply and demand. I can safely predict in the coming months that we'll see a lot of posts from owners saying they had no problem finding what they wanted. Many of those owners experiences I would probably consider barely partially relevant to entirely irrelevant.

We've stayed in Newport, RI for 17 nights in 2022 and 22 nights in 2023 in fall leaf season. On one fall trip we broke up the drive with a couple nights at Shawnee Village. We weren't there long enough to really experience the resort but it sure beat driving straight through from Williamsburg like we'd done the year before. Speaking of Williamsburg. We had a several week stay over last Christmas and New Year's there. Our son and his family joined us. In the spring we were there for 39 nights. We stayed in Branson for 27 nights, including Memorial Day weekend, in the spring of 2023 and 6 weeks in the fall of 2024, including Thanksgiving week. We have family in Tennessee and have had numerous stays there at all of the 4 Tennessee resorts. Some of the family especially like Fairfield Glade. We stayed at Smoky Mountains for several weeks over Easter. Our son and his family had their own unit for their spring break week. Our niece who lives in Tennessee and her granddaughter, who is close in age to our oldest granddaughter, also joined us. We like the lagoon view units in the Sea Palms section of Ocean Ridge resort in Edisto, SC. This spring we stayed in that section 16 nights and a few years ago stayed in that section for 4 weeks. We actually like Star Island and have stayed there numerous times. Sometimes even when I had the option of something also being available at Bonnet Creek.

Now if someone like me, not it lol, were to track the resorts in those areas to see if we could get what have been our typical stays, that would actually be quite relevant. However not still not relevant for probably the majority of owners who don't and/or can't travel like we do. We're retired, quite willing to be flexible about where and when we go, and travel a lot. Starting in 2018, 180 something nights to 230 something nights in the timeshares each year with 2.5-3.5 month long spring and fall trips and stays in between them.

So far we don't have a total on the number of units at the resorts and sections leaving our system. Anyone have a SWAG? Less than1k, 1k-2k, more than 2k? Yes, we'll be losing owners but proportionate to the number of units, how does that look? Another thing to consider, Wyndham's main business is selling; so how long will it take to replace however many owners are leaving? A year, two years?

We're seeing a number of comments about how those resorts/sections weren't fully occupied anyhow. What I think those commenting aren't taking fully into account is that those resorts would have had peak times/seasons they had much higher occupancy numbers. The people who stayed at those resorts during those times will be looking at where else they can go at those high demand times. Of course there's going to be a greater demand on the supply!

Yes, we'll be getting the Sports Illustrated resorts but their point charts will be considerably higher than the resorts we're losing. Wyndham wouldn't be where they are in the business world if they didn't make multifaceted plans. It's no coincidence that many owners will be needing more points to be able to have stays they'll want. That's a driving part of a good business plan for a successful company.

There will of course be more demand, the question which none of us can answer is will it be significant. only time will tell and I don't think we can come up with any metrics that fit all.

 

[CO skier]

We're seeing a number of comments about how those resorts/sections weren't fully occupied anyhow. What I think those commenting aren't taking fully into account is that those resorts would have had peak times/seasons they had much higher occupancy numbers. The people who stayed at those resorts during those times will be looking at where else they can go at those high demand times. Of course there's going to be a greater demand on the supply!

Does anyone remember the "predictions" about Y2K -- sooo believable in 1999 and what a joke that turned out to be after January 1, 2000?

I have this feeling of deja vu.

​

 

[CO skier]

There will of course be more demand,

Whatever "demand" there might be will only come from the minority of owners at closing resorts who accept the CWA swap. How will this be any different from the "demand" created by CWA sales over the last 10 years? How many CWA owners book more than 10 months in advance when it makes any difference?

Talk about making a mountain out of a mole hill ... good grief.

But creating a sense of panic, false and unthinking as it may be, sells on social media.

 

[pedro47]

I can see the New Bern, NC resort becoming a 55 years & older residental community because of its location on the Neuse River (Inter Coastal Waterway ) (Maine to Florida) ; with an upgrade golfing complex in the next five years.

 

[rickandcindy23]

Mods shut down the Wyndham steals points and cash thread. The OP of that thread was wrong anyway. Just sayin'.

 

[dioxide45]

Mods shut down the Wyndham steals points and cash thread. The OP of that thread was wrong anyway. Just sayin'.

They were correct in the slightest sliver of the sense of the context in which they were posting. The OP in that thread just didn't have it in them to answer or respond to any other questions. They just can't admit that Wyndham steals cash and points.

 

[paxsarah]

I'll give many of them the benefit of the doubt because I know they probably have the OP on ignore and simply aren't seeing this thread.

From that thread, this describes me, by the way