• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 29 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered!
  • TUG started 29 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Check out our happy birthday post here: Happy Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Come check it out for a chance to win a Free TUG membership (or renewal) just for helping out!

    Read more here
  • TUG has now saved timeshare owners more than $20,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $20 Million dollars
  • Our 2022 Timeshare Survey is now complete and the full results as well as our expert and witty analysis of each question is available here: Here We hope you enjoy reading the results as much as we did!
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! 50,000+ subscribers! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Wyndham Buys RCI!

G

GregD

newbie
Joined
Jun 7, 2005
Messages
69
Reaction score
0
Points
6
My mother did a wyndham presintation today in Hawaii and the sales person told her that they recenly bought RCI :hysterical:
 
R

ronparise

TUG Member
Joined
Feb 10, 2011
Messages
12,661
Reaction score
2,130
Points
548
not exactly new information

HFS Inc.--Cendant's predecessor--bought RCI in 1997 for about $500 million, Cendant has since split into several companies, one of which took the name Wyndham
 
Last edited:
BevL

BevL

TUG Lifetime Member
Joined
Oct 22, 2004
Messages
5,170
Reaction score
7
Points
573
Location
BC Canada
And let me guess that because Wyndham owns RCI, your mom can get absolutely any trade she wants if she buys a Wyndham timeshare.

If his lips are moving ...
 
R

ronparise

TUG Member
Joined
Feb 10, 2011
Messages
12,661
Reaction score
2,130
Points
548
GregD said:
Oh really... I haven't been keeping up with tug the last 6 months or so :eek: I guess I've missed alot! :bawl:

Thanks for the info...
Click to expand...

6 months?...its been more like 15 years...but it isnt important info unless you are a corporate historian or maybe researching the company before buying some stock

The timeshare salesmen are pretty good at finding out what you know and what you dont know and then using what you dont know to encourage you to buy more points.....They take a kernel of truth and then spin a web of half truths and outright lies around it.

BevL's educate guess is a perfect example ...Its true that Wyndham owns RCI but jumping to the conclusion that you will get better trades than anyone else is not

The one I hear is "Wyndham owns a rental business(true) and will be happy to rent any of your points you cant use (true). So why not buy more have Wyndham rent them at a profit to pay your maintenance fees"

Sounds legit until you realize that the charge a 40% commission and make no guarantees...and of course all they talk about is maintenance fees, not the cost to buy in.

just say no and remember...if their lips are moving....(you know the rest)
 
Last edited:
G

GregD

newbie
Joined
Jun 7, 2005
Messages
69
Reaction score
0
Points
6
BevL said:
And let me guess that because Wyndham owns RCI, your mom can get absolutely any trade she wants if she buys a Wyndham timeshare.

If his lips are moving ...
Click to expand...

I'm sure she was told that! Thats one selling feature all the sales people tell ya! They wanted mom's 2 SA weeks plus $15,000 for two Wyndham weeks.
 
You must log in or register to reply here.
Top