- Joined
- Jan 10, 2010
- Messages
- 6,954
- Reaction score
- 4,597
- Location
- Fairfax County, Virginia
- Resorts Owned
- Wyndham VIPF & PresRes, HVC/DRI (Gold), Quarter House, Resort on Cocoa Beach (2), HGVC Tuscany Village, HGVC South Beach, HGVC Parc Soleil, Pine Acres Lodge
My point is, is Wyndham going to honor their word, "Owners First?"
"Owners first" means owners before guests. That's that they are doing -- reducing occupancy by placing owners before guests.
It is naive to think "Owners first" means owners before the corporation. It would be a major malfeasance to risk the survival of the corporation because the Board of Directors decided to take care of owners first. It won't happen and you need to get used to it.
@HitchHiker71 gave a pretty good summary of governance of publicly held corporations. You must have missed it.