Quote:
Originally Posted by Fredm View Post
If 25% of the owners bought 2 weeks (or more) it would represent (at least) 50% of the sold inventory.
Quote:
Originally Posted by Fredm View Post
Dave's numbers suggest that the multi share ownership is closer to 35% If that is close to accurate then multiple share owners have 70% of the inventory. They can still only reserve 50% at 13 months.
Are these two posts not contradictory from each other or do I not understand the math?
Quote:
Originally Posted by Fredm View Post
Your experience is much like mine. and those I know.
Quote:
Originally Posted by Fredm View Post
Most do not have any difficulty. It is the few who do that are vocal. Their disappointment is understandable. Any floating week system is prone to this occurring, especially when the season is the entire year, as is Hawaii, for example. Disproportionately, 50 weeks worth of owners want to occupy the same 10 weeks. There are bound to be some who are squeezed out.
We are talking about apples and oranges here. The 80% of the single week owners may have difficulty in making reservations in a 50/50 pool. They will get a week eventually but only a small percentage will get the desired week and they may have to try several weeks on a row too just to get a week in the season they bought. We didn't even care what week we got so long it was in the second half of February or the first half in March.
On the other hand, the 20% of the multiple week owners have a very good chance in getting their desired week on the first try because less people are competing with them in their 50% inventory pool. Do you get me now?
The last two years, we got a cancellation that came back in the pool. I have a feeling that these weeks were released by the multiple week owners who knew how to make these reservations properly with multiple confirmation numbers so they wouldn't lose all the other weeks that they had reserved at the same time too. It is a horrible system for the single week owner and for anyone, in general, who isn't well informed like we are here.
Emmy.
My meaning is simply this:
'Unfair" depends on ones perspective. Mine is that it is reasonable for 50% of the inventory to be held for those who have a desire to make consecutive week reservations. It is likely that multiple week owners control more than 50% of the weeks, but the limit of 50% seems reasonable.
Regarding your perception that these owners are somehow using multiple confirmation numbers to work the system is unfounded. It cannot be done. A single confirmation number is given for the multiple week reservation. The cancellation, for any reason, of any one week of a confirmed multi-week reservation has the automatic effect of canceling the entire reservation.
I do not think you are lying. Your frustration is genuine. I also believe that there are numerous posts which reflect the same sentiment and experience. But, add them all up and they do not represent 2% of the weeks owned. Desert Springs (because you referred to it) has about 33,000 intervals, of which 16,000 are Red weeks.
Your experience is unfortunate. I would be frustrated if it repeatedly happened to me also. But, it has not. Nor has it happened to the overwhelming majority of owners. It is bound to happen, however. Such is the nature of floating week ownership.
Regarding the math, I do not know how else to explain it. You keep citing that 80% of the owners have difficulty with the remaining 50% of the inventory.
If only 50% of any one week can be reserved at 13 months, the remaining 50% is withheld for 12 month reservations.
Multi-week owners cannot reserve more weeks than owned. If they own less than 50%, then less than 50% of each week gets reserved. The remainder is available at 12 months.
If multi-week owners own more than 50%, that means that single week owners own less than 50%, but 50% is available to them at 12 months. I simply do not see how this is "unfair".
My explanation is not intended to diminish your frustration. I just think you are barking up the wrong tree.