So elite rentals will be fax time. Never used any of them. So fax time was 10 cent for white/blue season. For red season, it was 10 cent every 5 years else 15 cent. So repeated red season went down and white/blue season went up.
Just want to confirm my info. Nothing more.
There are still plenty of White/Blue season bargains out there at the new rate. Prime time to view the changing aspen in the fall is White season at WM Steamboat Springs. Staying 5 nights, Sunday to Friday, is 3400 credits, $442 or $88/night plus tax at the new rate . Would I have preferred to continue staying there for $68/night at the current rate of $0.10/credit? Of course; does the increase in FAX time rate devalue my WorldMark membership? For me, the answer is, "No," because a room with a full size refrigerator and stove (but no oven) at the Hilton Homewood Suites where I would otherwise stay runs $203/night plus tax for the same dates.It seems to me they are trying to make it cheaper to use a hotel than stay at the resorts for less than 4 or so days.
I do not know why WM owners are always looking their gift horse in the mouth.
Included in what "you paid upfront for" is the FAX credit rental program -- a developer program that may be changed (including the rental rate) or eliminated at any time by the developer.I think when you paid upfront for something and then the deal changes for the worse you can expect people to be frustrated.
I do a lot of blue/white season weekends on fax at WM Canmore. This will probably make it cheaper to start using airbnb for that. For me at least this a 30% cost increase to something I used regularly - thats a significant devaluation.
There are so many ways I want to answer this! For now, "A gift horse isn't free .... "I do not know why WM owners are always looking their gift horse in the mouth.
The FAX policy is a "free add-on" to WorldMark. It is not part of WorldMark the Club (any owner can look this up). No owner "paid" for it.There are so many ways I want to answer this! For now, "A gift horse isn't free .... "
The FAX policy is a "free add-on" to WorldMark. It is not part of WorldMark the Club (any owner can look this up). No owner "paid" for it.
Would you prefer that the develop eliminate the FAX credits policy altogether?
Sorry. My reply was as a horsewomen and was intended as literal not about WM. It was intended as humor ... dry, perhaps, but I figured looking at my avatar would help create context.The FAX policy is a "free add-on" to WorldMark. It is not part of WorldMark the Club (any owner can look this up). No owner "paid" for it.
Would you prefer that the develop eliminate the FAX credits policy altogether?
How cliché.You're right. The fax program was formerly part of Worldmark the Club, until the developer took it over subsequent to its creation. Now the developer owns the program, and they can do as they like with it.
If you want to boil a frog, you turn up the heat in the water slowly.
And really all of that is immaterial. There was something that used to cost one amount, and now it costs 30% more. It takes some pretty heavy word play for that not to be a price increase.
How cliché.
If the water is getting too hot for you, Jump Out!
Bonus Time is listed in the governing documents, but FAX credits are not. Why do you think the FAX program was ever a part of WorldMark, and if it was, how could the developer "take it over?"
You must have missed the 20% increase a few years ago, when FAX credits went from $0.08/credit to $0.10/credit.
You must have noticed the yearly increases in maintenance fees. Why would FAX credits costs not increase like maintenance fees? Would you prefer annual FAX rate increases every year like maintenance fees instead of the large catch-up increases?
True for someone who bought in 2016 or 2017.But it was 8 cents ~2 years ago, and now its 13 cents. Thats more than a 60% increase in a pretty short time.
True for someone who bought in 2016 or 2017.
The maintenance fees were $463 in 2010 when I purchased; today the mf is $771 on that account -- a 67% increase over 11 years.
The FAX rate was $0.08/credit in 2010 (and long before that). At $0.13/credit in 2021 for FAX credits, that is a 63% increase over 11 years (much less of a percentage for someone who purchased in the early 2000s).
For me, larger percentage increases later on left some coins in my pocket versus smaller annual increases to FAX credits.
For exactly the points raised in this thread, I would expect FAX credit increases to align with annual mf and bonus time/Monday Madness increases. Not in 2022, because of this latest 30% increase, but in January, 2023 when FAX credits would move to $0.14/credit, then 4-5% annual increases after that. If I am wrong, and FAX credit rates lurch ahead every 5, 8 or 10 years but in-line with mf increases, then that would be a bonus for long and short term owners who use FAX credits.That's two pretty big increases in a short period of time, so it'll be interesting to see if this is a new trend or if they level out now.
What's with the attitude? BTW, an increase from $.08 to $.10 is a 25% increase. A decrease from $.10 to $.08 would be a 20% decrease. I believe FAX was a creation of Trendwest and predates Wyndham.How cliché.
If the water is getting too hot for you, Jump Out!
Bonus Time is listed in the governing documents, but FAX credits are not. Why do you think the FAX program was ever a part of WorldMark, and if it was, how could the developer "take it over?"
You must have missed the 20% increase a few years ago, when FAX credits went from $0.08/credit to $0.10/credit.
You must have noticed the yearly increases in maintenance fees. Why would FAX credits costs not increase like maintenance fees? Would you prefer annual FAX rate increases every year like maintenance fees instead of the large catch-up increases?
Great point. I missed that. Where did you see those details?So elite rentals will be fax time. Never used any of them. So fax time was 10 cent for white/blue season. For red season, it was 10 cent every 5 years else 15 cent. So repeated red season went down and white/blue season went up.
Just want to confirm my info. Nothing more.
Attitude? I am not the one who thinks my WorldMark membership has been "devalued" or making obscure references to boiling frogs. I thought some salient analysis might add to the discussion, instead of ...What's with the attitude? BTW, an increase from $.08 to $.10 is a 25% increase. A decrease from $.10 to $.08 would be a 20% decrease. I believe FAX was a creation of Trendwest and predates Wyndham.
Great point. I missed that. Where did you see those details?
3 Red Season FAX time reservations at a time for $0.13/credit sure beats once every 5 years for $0.10/credit and $0.15/credit after the first one, at least for me.Great point. I missed that. Where did you see those details?