Would you keep your membership in RCI if they did not Rent?

["Roger"]

Absolutely correct. But, I really doubt that this is a new development.

When I first joined TUG, the going rumor on these boards was that about 25% of the depositors never got anything for their deposits. I find that a little hard to believe. Still, when I talked to people about timesharing before I bought, I really couldn't find anyone satisfied with their exchanges -- that is, until I got onto TUG. Those who found TUG had the inside information on how to come out ahead. Those not on TUG seemed to have been left in the ditch. (Admittedly, this is anecdotal information.)

 

[Walt]

Again: Why not call it a Rental?

Roger

Why Doesn't RCI call it a Rental on the Online Confirmation Sheet. RCI does not call it an Extra Vacation. RCI does not call it a rental. They call it an Exchange. Why would they do this?

Walt

 

["Roger"]

Who knows? Something that their marketing department decided upon?

What they put on those slips means squat, however, when it comes to their SEC filings. Any explanations they offer within those filings about which columns include what had better be correct when they report the numbers or they are in BIG trouble.

No, they did not include their rentals of "leftover" inventory as exchanges. End of story.

 

[geekette]

Roger

Why Doesn't RCI call it a Rental on the Online Confirmation Sheet. RCI does not call it an Extra Vacation. RCI does not call it a rental. They call it an Exchange. Why would they do this?

Walt

Perhaps that's the only text they can put there without hosing up the entire system.

It's just semantics, it doesn't mean anything other than that you can prove you got the week from RCI.

I haven't been in the game long enuf to know how long they went without rentals (Last Call, EV, and plain ole vanilla rental) but I think this is a pretty minor issue that they have probably de-prioritized over the years because they have bigger fish to fry.

 

[Walt]

RCI(Cendant) is a large company that always has a reason.

Perhaps that's the only text they can put there without hosing up the entire system.

It's just semantics, it doesn't mean anything other than that you can prove you got the week from RCI.

I haven't been in the game long enuf to know how long they went without rentals (Last Call, EV, and plain ole vanilla rental) but I think this is a pretty minor issue that they have probably de-prioritized over the years because they have bigger fish to fry.

I Believe that RCI(Cendant) is a large company that has a reason for everything they do.

Walt