[ Thread is unlocked ] Megarenter Rap Lawsuit

[Cyrus24]

But lets remember everyone had an equal chance at it. I do not see any other way to make it equitable. Equal opportunity not equal outcome.

Most rational statement I've seen today.

 

[VacayKat]

Mega renters using hundreds to thousands of guest certificates at high demand resorts during high demand times hurts regular owners. What do you not understand?

I do not understand how this hurts me- please explain.

Edited to add: If it is guest certificates that you insinuate are hurting me, then my hawaii family vacation at Christmas with three rooms is hurting other owners. If this is the case then, please explain why more than one room is ever allowed at high demand resorts at high demand times.

 

[Braindead]

Agree. Wyndham will slow this down by not allowing discounts and by not giving upgrades on resale points. But, what is to prevent a mega-renter from taking all 4br's at a resort with their resale points and then booking a bunch of smaller units using the Developer points so that they can grab upgrades when the 4br's get cancelled? I only see 2 options, blacking out resorts during high demand weeks/weekends, or dramatically scaling back on the number of GC's an owner can use and/or purchase.

These mega renters are savvy, they will find a way to earn an income from their points unless Wyndham clamps down, HARD, on either the actual owner running the commercial business or by making changes that hurt those who like to use GC's for family/friends (not as a business).

I would have to go back & dig out an old post, but I posted that the way to stop rentals is to control GCs. No GCs on discounted & or upgraded reservations no matter if the reservation was made outside or inside the 60 day window. Give less free ones & raise the cost of additional ones drastically maybe $500 or even a $1,000. Say VIPP gets 5 free & you can only buy 2 more then that’s it for the year.

 

[Lisa P]

When wyndham resells the mega renters 700 million points, you will have 2000+ regular owners booking those points so no additional inventory will open up.

In theory perhaps, but not in practice. What are the chances that all 2000 "regular owners" will book prime time at 13 months out vs. a business person (megarenter)? I think it's realistic to say that a diverse group of 2000 owners are far more likely to leave availability at the 10 month mark for other owners than megarenters. JMO.

If someone owns a gazillion points and uses them all, are they "preventing regular owners from using their timeshare?"
If so, how, and is that OK by your standards?

I believe so - please see above (and below).

If someone owns a gazillion points and gives them away to family and friends, are they "preventing regular owners from using their timeshare?" ... Is it only when they rent weeks out that they are miraculously "preventing regular owners from using their timeshare?"

This is so rife for abuse that it would need to have some kind of limitations set... only so many concurrent and consecutive reservations with guest certs per year. It's just not realistic to say that hundreds or thousands of reservations are all being gifted to family and friends. Utterly silly.

Ok, so help me out here. ... I honestly just do not grasp how someone renting their points harms me.

It doesn't... unless you were sold a product that purports to be for owner families' vacations but you repeatedly find that there's no availability at the 10 month mark... only to see literally dozens of rental ads posted online by individuals (not EH). It's frustrating. These are not units being gifted to friends and family.

What several fail to realize is when mega renters basically take over a resort ALL availability is gone. A mega renter takes over 90% of the units for a high demand time they control their own upgrades. ... Do mega renters basically take over resorts at times? It’s a fact yes they do & it has been reported by some here in this forum.

This.

 

[55plus]

Wyndham enforcing the no commercial activity policy is the best thing they've done since mega renters came about. VIP owners lost benefits over the years because of mega renters. Over the years owners lost out on hundreds of thousands to maybe millions of reservations because of mega renters. Mega renters' businesses are getting hurt because of the changes, but that's part of doing business. This is a good example of the saying, the bigger you are the harder you fall. On the bright side, the regular owners will benefit from the changes.

 

[troy12n]

I'm sure these mega renters will be able to pull themselves up from their bootstraps, or whatever the narrative is...

 

[55plus]

I do not understand how this hurts me- please explain.

Edited to add: If it is guest certificates that you insinuate are hurting me, then my hawaii family vacation at Christmas with three rooms is hurting other owners. If this is the case then, please explain why more than one room is ever allowed at high demand resorts at high demand times.

It's not owners using points for family, it's the hundreds to thousands of guest certificates being used by an owner (mega renter) for commerce that hurts regular owners. It's simple: if mega renters take over a prime resort for commerce, other owners can't use that resort for personal travel.

 

[ronparise]

Wish these people would just go away... they had their free ride. Time to figure out some other scam.

It's not and that is not the point. As we all know, while not defending a mega-renter, they were not taking a free ride, as you frequently contend. You have had the same participation rights that they have had. On TUG, you are truly participating, big time, for free.

of course troys freeloading on Tug doesnt prevent others from using and enjoying Tug... He should also know that a reservation made by an owner with points owned by that same owner and occupied by that owner or his freeloading brother in law or a guest that paid him for the use, does not prevent any other owners use and enjoyment of the Wyndham resorts either

 

[dgalati]

QUOTE="Cyrus24, post: 2647575, member: 96607"]
Most rational statement I've seen today.
[/QUOTE]
I found it much easier and cheaper to just rent from a guy like @am1. No need to pay a sunk cost for VIP, be burdened with paying maintenance fees or put in count less hours looking for availability to show up. Now with changes I may have to hold onto the 400k of points purchased recently. Time will tell if rental rates continue to be a bargain or if owning is a cheaper way to travel.Either way Worldmark is a much better deal IMHO.

 

[Cyrus24]

I would have to go back & dig out an old post, but I posted that the way to stop rentals is to control GCs. No GCs on discounted & or upgraded reservations no matter if the reservation was made outside or inside the 60 day window. Give less free ones & raise the cost of additional ones drastically maybe $500 or even a $1,000. Say VIPP gets 5 free & you can only buy 2 more then that’s it for the year.

I'd hate that as a final solution to the rental 'problem', but, it is possible. Hopefully, this developer/resale bucket solution being rolled out will slow renting down enough to satisfy all the constituents.

 

[buckor]

Here’s an honest question to the rental business scenario: if Wyndham truly is against owners renting their points, should owners be allowed to rent via Extra Holidays?

IMO, this is where Wyndham loses some of its traction: “no, you cannot rent unless you rent through us allowing us to earn a commission.” There cannot be a double standard. Either renting is okay, or it’s not.

I have been a part of many “updates” where the sales person used renting “extra” points to cover MFs as a sales tactic. We all know what the official position of Wyndham is, however, when a sales person contradicts that official position and encourages you to make reservations at high demand resorts and list them for rent on EH, isn’t that a conflict of interest, at a minimum?

I am enjoying reading everyone’s thoughts on this. I will be sticking around to see what everyone has to say.

Blessings!

 

[Braindead]

[/QUOTE]
@dgalati -I found it much easier and cheaper to just rent from a guy like @am1. No need to pay a sunk cost for VIP, be burdened with paying maintenance fees or put in count less hours looking for availability to show up.
[/QUOTE]
I would rather see a happy owner posting that they got that reservation instead of your nonstop bragging about that reservation in every thread

 

[Lisa P]

No GCs on discounted & or upgraded reservations no matter if the reservation was made outside or inside the 60 day window. Give less free ones & raise the cost of additional ones drastically maybe $500 or even a $1,000. Say VIPP gets 5 free & you can only by 2 more then that’s it for the year.

Maybe that's a reasonable limitation. Only so many GC's permitted per year on reservations made during Advance or Standard Reservation Periods with a more generous amount available for reservations made within the Express Reservation Period, and unlimited for VIP owner reservations booked during the Express window... maybe also add a cap on the percentage of any resorts' rooms which may have a GC added during prime holidays, especially if there's no concurrent owner reservation for the entire duration of the GC reservation. Cancelling the owner reservation should automatically cancel the GC reservation(s) as well. IMO, owners who abuse the rules (ex., cancelling an owner reservation after the Guest has checked in) may risk losing GC privileges for a year. That may sound harsh but owners who genuinely need to cancel their trip at the last minute ought to understand the risk and let their owner reservation go to waste. JMO.

 

[chapjim]

Just in case I forget on Tuesday, Happy Anniversary of the day you joined TUG as a guest!

And after that one short year, he now knows everything.

 

[troy12n]

And after that one short year, he now knows everything.

Because being a member of TUG obviously conveys knowledge of ownership of timeshare systems...

If anything, i've learned that TUG, in all honesty is a place where some mega renters shared some really bad advice which largely negatively affects normal owners.

This place seemed to in fact be an education forum for prospective mega renters. People like Ron were your pied piper...

I've been a timeshare owner a lot longer than i've been a member of TUG, so try again.

Edit: excuse me... a guest of TUG

 

[VacayKat]

It's not owners using points for family, it's the hundreds to thousands of guest certificates being used by an owner (mega renter) for commerce that hurts regular owners. It's simple: if mega renters take over a prime resort for commerce, other owners can't use that resort for personal travel.

While I do not see the difference, are you suggesting that rentals because they are commerce are thus hurting? I have never come across a resort I could not book if I was booking >6 months, and almost always can I find something, even within 2 weeks (2021 may and june were exceptions).
What I feel like you are suggesting is that if a rental is to occur it can not happen if someone wants to go there with their family. I think if that is the case then folks who think like this will never be happy as someone will always be renting something to regain some of the MF they pay.

 

[Cyrus24]

I am enjoying reading everyone’s thoughts on this. I will be sticking around to see what everyone has to say.

With the exception of a few hate filled posts, these mega=renter discussions are interesting.

At the end of the day, the only ones who lose with this most recent change are the mega-renters. The rest of us, Resale only owners and regular/VIP owners with just a few (less than 1MM) resale points are not really hurt. I feel bad for the mega=renters as I know that they were misled by sales. Weren't we all, at one point. For the most part, they seem to be accepting the fate, gracefully. I respect that.

 

[dgalati]

I would have to go back & dig out an old post, but I posted that the way to stop rentals is to control GCs. No GCs on discounted & or upgraded reservations no matter if the reservation was made outside or inside the 60 day window. Give less free ones & raise the cost of additional ones drastically maybe $500 or even a $1,000. Say VIPP gets 5 free & you can only buy 2 more then that’s it for the year.

Yea but that would be taking away some of the promised privileges of buying up to VIPP. I'm sure that wouldn't make many VIPP owners happy. Suggesting only 5 free GC's sounds as ludicrous as when someone suggested the elimination of resale points with VIP discounts a few years back. You maybe onto something but a few VIP owners may think you lost your marbles.

 

[buckor]

With the exception of a few hate filled posts, these mega=renter discussions are interesting.

At the end of the day, the only ones who lose with this most recent change are the mega-renters. The rest of us, Resale only owners and regular/VIP owners with just a few (less than 1MM) resale points are not really hurt. I feel bad for the mega=renters as I know that they were misled by sales. Weren't we all, at one point. For the most part, they seem to be accepting the fate, gracefully. I respect that.

100% agreed!


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[VacayKat]

Maybe that's a reasonable limitation. Only so many GC's permitted per year on reservations made during Advance or Standard Reservation Periods with a more generous amount available for reservations made within the Express Reservation Period, and unlimited for VIP owner reservations booked during the Express window... maybe also add a cap on the percentage of any resorts' rooms which may have a GC added during prime holidays, especially if there's no concurrent owner reservation for the entire duration of the GC reservation. Cancelling the owner reservation should automatically cancel the GC reservation(s) as well. IMO, owners who abuse the rules (ex., cancelling an owner reservation after the Guest has checked in) may risk losing GC privileges for a year. That may sound harsh but owners who genuinely need to cancel their trip at the last minute ought to understand the risk and let their owner reservation go to waste. JMO.

I have to say as someone who gave Wyndham a *bleep* load of money changes to letting friends and family and the odd renter use our points would cause me a lot of irritation.

 

[troy12n]

So legit question.

This issue seems to be pretty polarizing.

On one side we have people against the mega renters. The rationale (right or wrong) is that mega renters are hurting regular owners ability to use the timeshare, and book. Especially at high demand resorts.

On the other side, we seem to have people pro-mega renter.

On this side of the camp, we have people who ARE the mega renters themselves, who have a vested interest in keeping the status quo
Then we have another group of people... i'm not sure exactly what their angle is. Why they support mega renters. They have no vested interest in the issue. And in fact an argument can be made that by supporting mega renters, they are in fact acting against their own best interests.

So... what's the deal? Why support mega renters?

 

[troy12n]

I have to say as someone who gave Wyndham a *bleep* load of money changes to letting friends and family and the odd renter use our points would cause me a lot of irritation.

how many hundreds of friends do you have?

This gets back to the intellectual dishonesty being propagated here by one side of the argument...

 

[Lisa P]

if Wyndham truly is against owners renting their points, should owners be allowed to rent via Extra Holidays?

I don't think rentals should be permitted during prime season or major holidays, by any avenue including EH. JMO.

 

[troy12n]

For the record, platinum get what, like 18-20 GC's for free. I'm fine for letting that be. Just eliminate paid GC's completely.

Problem solved.

 

[VacayKat]

how many hundreds of friends do you have?

This gets back to the intellectual dishonesty being propagated here by one side of the argument...

OMG, why do you always ignore context.