[ Thread is unlocked ] Megarenter Rap Lawsuit

[chapjim]

To manipulate the rental price... of course.

See also: collusion, price fixing, cartel's

It's easier for a handful of people with common goals to set the market price, than 20-30 people with independent goals

A cartel is an association whose members agree to (1) fix prices at an artificially high level or (2) reduce production to maintain prices at an artificially high level, or (3) both.

Cartels are notoriously unstable because a cartel member can increase profits by (1) reducing prices below the agreed level or (2) increasing production above the agreed level, or (3) both. Someone with facility with supply and demand curves can demonstrate this. I used to be able to -- no longer. I studied Antitrust Law under Judge Douglas Ginsburg, an absolute master in a classroom.

 

[troy12n]

Um, no; that’s a gross conceptual error. Wyndham manages the system for the owners, either deeded CWS or trust owners in CWA. They have some ownership of unsold inventory and occasionally set up things on an uneven field between themselves and the other actual owners.

Back to ignoring. Checking every once in a while is a weakness I really should avoid.

No, what i'm saying is factually accurate. Wyndham has inventory that exists outside of the CWS/CWA/CWP umbrella and they can do with it whatever they want. This has been established... whether or not you choose to believe it or not is your choice. Like believing in mythical sky creatures or unicorns or omnipotent figures in books, your choice

 

[chapjim]

At the end of the day, Wyndham owns all this stuff and they can do whatever the hell they want with their property... it would be like, if you owned a home, and wanted to sell it, but your neighbor sues you to try to prevent it from being sold because they don't potentially want someone they don't like, or share "values" with, moving in

It's been proven time and time again that they aren't taking any inventory for these blackout dates, and what they do with the units/inventory they own outside of "the club", which, is substantial, is theirs to do with as they please. Pretty much the only things that end up on Extra Holidays is stuff nobody wants. But I don't know how many times this has to be proven.

Some of you just don't want to hear it though, and formulate vast conspiracies as to why Wyndham is the bad guy here, yet, at the same time praising the likes of RonPraise and the other mega renters... it's really bizzarely pied piper or stockholm syndrome going on here

So far as I know, it has been demonstrated (not proven) once -- by me. Not time and time again, at least not that has been posted on TUG.

Otherwise, I agree 100%. Wyndham manages the program to benefit Wyndham. Wyndham is fortunate to have the poor, abused, and misused small owner so they can spin what the are doing.

I don't like what Wyndham has done but I'm not calling Wyndham a bad guy -- just cynical and disingenuous. Wyndham management's goal is to maximize shareholder value. What happens to little guys and mega-renters is incidental.

 

[troy12n]

I don't like what Wyndham has done but I'm not calling Wyndham a bad guy -- just cynical and disingenuous. Wyndham management's goal is to maximize shareholder value. What happens to little guys and mega-renters is incidental.

And that's different from any other publicly traded corporation how, exactly...

Newslfash, it's not. Every corporation's goal is to maximize shareholder value, at any cost. The difference between Wyndham and other companies is the consumers (us) actually get a good product in return. Despite all the whining and crying from some on here, including you.

 

[chapjim]

And that's different from any other publicly traded corporation how, exactly...

Newslfash, it's not. Every corporation's goal is to maximize shareholder value, at any cost. The difference between Wyndham and other companies is the consumers (us) actually get a good product in return. Despite all the whining and crying from some on here, including you.

I never said or implied that maximizing shareholder value was a goal unique to Wyndham. While we're at it, every company that survives does so because they have a product or service that meets consumer demand. Wyndham's product is not unique in that manner either.

Saying you don't like something isn't whining or crying.

 

[raygo123]

And that's different from any other publicly traded corporation how, exactly...

Newslfash, it's not. Every corporation's goal is to maximize shareholder value, at any cost. The difference between Wyndham and other companies is the consumers (us) actually get a good product in return. Despite all the whining and crying from some on here, including you.

Anything that enhances my ownership is positive. The only thing important to me is to enhance my ownership. Anytime someone else looses an advantage over me. It's a win. Everytime another owner, especially a renter total number of points is reduced is a win, for me. If there is no longer collusion with people who will accept stripped contracts it's a win, for me. I have no desire to sit in my underwear at 72 and run a shady business at best. What I can't believe is Wyndham is rewarding those with hundreds of thousands of points.

You should sell off all your Access points and pull all your deeds out of the Club and bid Wyndham farewell. That way you will no longer have that monkey on your back.

Or you cannot accept the complimentary points and sue the crap out of Wyndham. With all the reasons all have come up with I'm sure you will win.

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[ronparise]

At the end of the day, Wyndham owns all this

At the end of the day Wyndham owns very little of this stuff, certainly not all of it

 

[comicbookman]

At the end of the day, Wyndham owns all this stuff and they can do whatever the hell they want with their property... it would be like, if you owned a home, and wanted to sell it, but your neighbor sues you to try to prevent it from being sold because they don't potentially want someone they don't like, or share "values" with, moving in

It's been proven time and time again that they aren't taking any inventory for these blackout dates, and what they do with the units/inventory they own outside of "the club", which, is substantial, is theirs to do with as they please. Pretty much the only things that end up on Extra Holidays is stuff nobody wants. But I don't know how many times this has to be proven.

Some of you just don't want to hear it though, and formulate vast conspiracies as to why Wyndham is the bad guy here, yet, at the same time praising the likes of RonPraise and the other mega renters... it's really bizzarely pied piper or stockholm syndrome going on here

While I agree with most of the above, your reaction to " megarenters" is the same as thecreaction to wyndham of those you complain about.

 

[CO skier]

[Deleted.]


[Deleted.]


Moderator Note: This post was reported for over-the-top personal attacks, which have been deleted. This editing will serve as a reminder to adhere to the "Be Courteous" TUG rule or risk suspension. <-- SueDonJ

Dang. It seems I always miss out on moderated posts.

I am sure what was deleted was more interesting than what was left.

Somewhat reminiscent of the strange posts that are occassionally self-deleted by the originator, but live on as "deleted" and there are 20 posts about "what was it about?"

deleted

\

tugbbs.com

(No criticism of moderation; just "miss an hour on TUG and miss the world).

 

[CO skier]

Wait, what?! How dare you have the audacity to re-evaluate and change your position/mind 5 years later?

Were 4 million points dumped ASAP in 2017 when cancel/rebook was essentially eliminated, and millions of points reacquired between 2017 and now?

Then, OK; change of mind.

Somehow I doubt that is what transpired, so it was nothing but a sensational, empty posting in 2015 (as were so many postings during that timeframe).

 

[CO skier]

Open your eyes - WYNDHAM DOESN'T WANT YOU HAPPY!

There will be a lot more happy owners taking their family on an end-of-year holiday at Bonnet Creek this year and in 2022 thanks to the changes compared to years past, just as one example.

Why the CAPS? Are you unhappy with the owner positive changes?

Take your family on any of the Owner Prioritized vacations.

 

[raygo123]

At the end of the day Wyndham owns very little of this stuff, certainly not all of it

Wyndham owns all of what really matters, "the club". Without the club all you would own is "a" timeshare here a timeshare there etc. Yes Wyndham may not own every unit, but if you want to play in their back yard it is Wyndham's swing set. And they own all of it.

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[ronparise]

Wyndham owns all of what really matters, "the club". Without the club all you would own is "a" timeshare here a timeshare there etc. Yes Wyndham may not own every unit, but if you want to play in their back yard it is Wyndham's swing set. And they own all of it.

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I agree with that completely, Wyndham owns what matters Technically of course the club is not owned, Wyndham manages it and seems to have a lock on the management contract but as you suggest, that’s all that counts

when Wyndham came after me and the others in 2016 their initial email to us, I think, said it all “As manager of the Fairshare trust….”

i read your comment as saying that since Wyndham owns the timeshares they can do what ever they want with what they own (ie rent it) I don’t think that right because I was an owner too and I couldn’t do what I wanted

if that’s not what you meant, I’m sorry, but consistency in the enforcement of the rules is important and that’s why I think that Wyndham never said that what I was doing was wrong. There were several things that enabled me to do what I did and make over a million dollars in just five years with no investment
1) easy and cheap VIP
2) cheap points from the timeshare relief companies
3) cancel and rebook
4) the credit pool
5) Wyndham’s need for points to sell, without the need to build new resorts

but forget all those loopholes and discounts, The single most important thing to me was the miss allocation of points at certain resorts at certain times. For example my favorite Mardi Gras. The 4 day weekend before Mardi Gras Tuesday in a studio (sleeps 4) at Avenue Plaza is the same price as the 4 day weekend after Mardi Gras. (81000 points) And that’s just nuts. I could rent that Mardi Gras reservation for 3 times my mf

The point is I would still be renting Wyndham timeshare if not for wyndhams “selective enforcement of the rules and their attitude that (as you said) they own this stuff and can do whatever they want

 

[raygo123]

I agree with that completely, Wyndham owns what matters Technically of course the club is not owned, Wyndham manages it and seems to have a lock on the management contract but as you suggest, that’s all that counts

when Wyndham came after me and the others in 2016 their initial email to us, I think, said it all “As manager of the Fairshare trust….”

i read your comment as saying that since Wyndham owns the timeshares they can do what ever they want with what they own (ie rent it) I don’t think that right because I was an owner too and I couldn’t do what I wanted

if that’s not what you meant, I’m sorry, but consistency in the enforcement of the rules is important and that’s why I think that Wyndham never said that what I was doing was wrong. There were several things that enabled me to do what I did and make over a million dollars in just five years with no investment
1) easy and cheap VIP
2) cheap points from the timeshare relief companies
3) cancel and rebook
4) the credit pool
5) Wyndham’s need for points to sell, without the need to build new resorts

but forget all those loopholes and discounts, The single most important thing to me was the miss allocation of points at certain resorts at certain times. For example my favorite Mardi Gras. The 4 day weekend before Mardi Gras Tuesday in a studio (sleeps 4) at Avenue Plaza is the same price as the 4 day weekend after Mardi Gras. (81000 points) And that’s just nuts. I could rent that Mardi Gras reservation for 3 times my mf

The point is I would still be renting Wyndham timeshare if not for wyndhams “selective enforcement of the rules and their attitude that (as you said) they own this stuff and can do whatever they want

You have myself and another poster combined.

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