Elimination of Cancel Rebook?

[henley1]

Today a VC told me that with the "new" computer system rolling out "soon" that cancel rebook would be effectively eliminated due to the addition of a waiting list? So if I cancel, someone on the waiting list will get the reservation. She followed up saying that the IT guys pushed back because this was too hard to implement and she didn't know where they stood on it now. Anybody know about this?

 

[spackler]

I'd actually like to see some sort of waiting list implemented, but that would kill one of the few reasons to have VIP status.

 

[bnoble]

Long rumored (search the Wyndham form for "Voyager" for more info), but reportedly put on the shelf because of difficulty of implementation.

There will probably come a day when a wait list is implemented. It's not going to be tomorrow, and probably not in the next year or two. But, someday, if only because it would be one more thorn in the mega-renters' paw. And Wyndham has very clearly been pursuing strategies over the past many years to make things more expensive for the mega-renters. (To little effect, but that's another post.)

If you rely on cancel/rebook to remain solvent, have an exit strategy, but until then do your thing.

 

[am1]

I think everyone has the same exit strategy. Walk away. How would the club handle that?

 

[Angela5svr]

I'd love to see that! As long a Wyndham is the largest mega renter that won't happen. Did they offer you a Program to absolve you from this limitation or was this their attempt at urgency to make you upgrade today?

 

[bnoble]

How would the club handle that?

For deeded ownerships: Lock accounts, and eventually initiate foreclosure (which is what they've done to others who haven't paid for one reason or another).

For CWA memberships: account recovery is much faster and less painful from Wyn's perspective. That just generates more "free" inventory for sales. Not so bad in Wyndham's eyes (and they'd probably accept most of them via Ovation anyway.)

 

[bnoble]

Did they offer you a Program to absolve you from this limitation or was this their attempt at urgency to make you upgrade today?

OP was talking to a VC, not sales.

 

[55plus]

If you can't afford to lose a reservation don't play the 'cancel and rebook' game.

 

[jebloomquist]

If a wait-list were to be implemented, I see the mega-renter strategy changing, but not being eliminated. Having two hundred million points to work with, a mega-renter will reserve deep, not broad. Since they may control 100 different owner accounts, they could conceivably hold 100x10 reservations. Cancel 1, cancel 10, cancel 50. Eventually, they will be at the top of the wait-list.

By the way, what's to stop them from clogging the wait-list?

Jim