Wyndham is closing a handful of legacy resorts - dedicated chart/tracker located in the first post for this unfolding set of events

[jp10558]

Yea, I don't think I'm doom and gloom, I'm just a little disappointed losing a lot of NE dots on the map, and one of the reasons I had Wyndham in the first place. That said, I also agree with Wyndham that while I liked the idea of these dots on the map, I haven't used them yet (though only had ~2 years to do so so far), with my only Wyndham stays being in RI Long Wharf in the NE, and RCI stays at Smuggs. I too ended up using my points at La Belle Maison, Nashville, Bay Club II in Destin, and Palm-Aire next Jan/Feb. I think I can always use in MB or RI if I end up in a bind and can't save points any other way so in reality I'm not that impacted.

 

[Floridaman76]

It's not doom and gloom, but for people who utilized certain resorts, they are screwed through no fault of their own. More often, because of the fault of "a certain selfish group of people".

Example: Bentley Brook. No replacement for that
Example 2: People who owned fixed weeks at the 2 Jamestown resorts. Especially people who had red weeks there, giving them CWA is largely useless to them if they want to vacation in Newport because there's no way they are going to be able to book there using CWA except in winter and shoulder season.

 

[Rolltydr]

It's not doom and gloom, but for people who utilized certain resorts, they are screwed through no fault of their own. More often, because of the fault of "a certain selfish group of people".

Example: Bentley Brook. No replacement for that
Example 2: People who owned fixed weeks at the 2 Jamestown resorts. Especially people who had red weeks there, giving them CWA is largely useless to them if they want to vacation in Newport because there's no way they are going to be able to book there using CWA except in winter and shoulder season.

When my favorite restaurant closes, I go somewhere else. When my favorite store closes, I go somewhere else. When my favorite hotel closes, I go somewhere else. When my favorites timeshare closes , I’ll go somewhere else. I’m not being screwed. I’m not losing my investment because I will have other options. If I refuse to accept another option, that’s on me, not Wyndham. They have to make business decisions based on their data and future projections. Otherwise, none of us will be staying in our favorite Wyndham timeshare location.

 

[comicbookman]

When my favorite restaurant closes, I go somewhere else. When my favorite store closes, I go somewhere else. When my favorite hotel closes, I go somewhere else. When my favorites timeshare closes , I’ll go somewhere else. I’m not being screwed. I’m not losing my investment because I will have other options. If I refuse to accept another option, that’s on me, not Wyndham. They have to make business decisions based on their data and future projections. Otherwise, none of us will be staying in our favorite Wyndham timeshare location.

Unfortunately, That is how things work. I would hope that Wyndham makes an effort to add new "dots" in the northeast in the near future. Using their downtown model to add Philadelphia and Boston would go a long way.

 

[Floridaman76]

When my favorite restaurant closes, I go somewhere else. When my favorite store closes, I go somewhere else. When my favorite hotel closes, I go somewhere else. When my favorites timeshare closes , I’ll go somewhere else. I’m not being screwed. I’m not losing my investment because I will have other options. If I refuse to accept another option, that’s on me, not Wyndham. They have to make business decisions based on their data and future projections. Otherwise, none of us will be staying in our favorite Wyndham timeshare location.

I think a timeshare, especially a fixed week you have been utilizing for decades, is something that you can't compare to a store or restaurant which has other viable local options.

In the case of Jamestown, them substituting CWA gives them more flexibility to vacation elsewhere, but it absolutely cannot replace their local option that no longer exists. There's no way a fixed week June or July owner at one of the Jamestown resorts is going to be able to book at any of the Newport resorts in June or July. It's just not happening. Similar for people wanting to substitute, say Smuggs for BB, with CWA will you be able to book peak ski season in Jan/Feb? I don't know, maybe, maybe not. A larger number of people are now competing for those same finite number of units at Smuggs because BB doesn't exist.

Can they vacation elsewhere? Sure. Maybe that helps them, maybe it doesn't. It will vary person to person.

But comparing this scenario to a store, restaurant or hotel is not valid. It's just not.

 

[Floridaman76]

Unfortunately, That is how things work. I would hope that Wyndham makes an effort to add new "dots" in the northeast in the near future. Using their downtown model to add Philadelphia and Boston would go a long way.

If they add dots in major metro areas, it's going to be hotel room size equivalent space, not timeshare space.

Atlanta was an aberration because it was built on recently freed land that became available. I don't see that happening in Boston, Philly or Chicago. They used to have glorified hotel space in Chicago and Boston that we could book with our timeshare points, I never stayed there but they had very few units and points were very high for what you got. Atlanta is at least purpose built.

 

[comicbookman]

If they add dots in major metro areas, it's going to be hotel room size equivalent space, not timeshare space.

Atlanta was an aberration because it was built on recently freed land that became available. I don't see that happening in Boston, Philly or Chicago. They used to have glorified hotel space in Chicago and Boston that we could book with our timeshare points, I never stayed there but they had very few units and points were very high for what you got. Atlanta is at least purpose built.

I realize that the downtown model is more hotel than timeshare, but with the large numbers of hotels in both cities there is likely to be more opportunities for acquiring existing space which is the currently preferred method.

 

[Rolltydr]

I think a timeshare, especially a fixed week you have been utilizing for decades, is something that you can't compare to a store or restaurant which has other viable local options.

But comparing this scenario to a store, restaurant or hotel is not valid. It's just not.

Of course it is. It's all about how we spend our leisure time and discretionary income. We all know that looking at a timeshare, strictly from the financial aspect, and if paying developer prices, is not a good investment. However, for most of us here on TUG, it is a good leisure time investment and can also be an acceptable financial investment if buying resale and paying decent maintenance fee costs. For the most part, they offer high quality accommodations in interesting places and space for us to have friends and family accompany us on vacation, if needed. In lieu of timeshares, we stay in hotels, eat in the restaurants, and shop in the stores. The timeshare replaces the hotel, but otherwise, we are spending our leisure time and disposable income on exactly the same things. Having an emotional attachment to certain locations or resorts has nothing to do with the business decisions that must be made to keep companies in good financial health, as well as, increasing their appeal to a younger clientele with very different wants and needs.

 

[jp10558]

If they add dots in major metro areas, it's going to be hotel room size equivalent space, not timeshare space.

Atlanta was an aberration because it was built on recently freed land that became available. I don't see that happening in Boston, Philly or Chicago. They used to have glorified hotel space in Chicago and Boston that we could book with our timeshare points, I never stayed there but they had very few units and points were very high for what you got. Atlanta is at least purpose built.

I hope they do it like Atlanta or La Belle Maison - i.e. if it's like HGVC's those are worthless to me - they don't beat Hotel prices and I don't really want expensive hotel rooms - I don't need a TS for that! If I can get 2BR at reasonable rates I'm interested. Otherwise I already have Interval's Hotel/Priceline integration and Hilton Honors bookings to get me hotel rooms.

 

[Floridaman76]

I hope they do it like Atlanta or La Belle Maison - i.e. if it's like HGVC's those are worthless to me - they don't beat Hotel prices and I don't really want expensive hotel rooms - I don't need a TS for that! If I can get 2BR at reasonable rates I'm interested. Otherwise I already have Interval's Hotel/Priceline integration and Hilton Honors bookings to get me hotel rooms.

Agreed, I just don't know that there are opportunities in center city Philly, Boston or in the better parts of downtown Chicago for something like that.

When Riverside Suites in San Antonio, La Belle Maison in NOLA were done, those urban cores were pretty depressed and those buildings sitting vacant for a long while.

Think Midtown 45 was a hotel that was gutted and re-done, and even there a good hunk of the units are hotel rooms or studios.

Margaritaville Nashville too, that was built on the edge of downtown in what's known as the "gulch", a formerly industrial/warehouse area. Good timing in an upcoming area that opportunities like that are few and far between

 

[hjsweet2002]

You cannot replace priceless memories made at home resorts throughout the past 15 years. Another resort location does not take the place of those memories

 

[Rolltydr]

You cannot replace priceless memories made at home resorts throughout the past 15 years. Another resort location does not take the place of those memories

I get that. However, you will still have those memories, and they will probably be even more precious. But, you can still make memories in other locations or resorts. Again, Wyndham can't make business decisions based on owners' emotions. Obviously, they are seeing something in their financial data, that is showing them there aren't enough others like you to keep those particular resorts and the costs associated with them. Or, possibly, they have decided they can make more money, sell more points, increase owner occupancy, increase sales to younger buyers, etc., by changing their portfolio slightly. Yes, overall, this is a slight change impacting a few locations and a few, mostly older, owners. A company has to change and modernize or they will cease to exist. If that happens, we all lose.

 

[hjsweet2002]

Corporate greed.

 

[Rolltydr]

Corporate greed.

Yes, otherwise known as... Capitalism is an economic system where private individuals or businesses own the means of production, such as factories, land, and resources, and use them to generate profit. It's characterized by a market economy where supply and demand largely determine prices and what is produced. Key features include private property, profit motive, competition, and limited government intervention.

 

[Floridaman76]

Yes, otherwise known as... Capitalism is an economic system where private individuals or businesses own the means of production, such as factories, land, and resources, and use them to generate profit. It's characterized by a market economy where supply and demand largely determine prices and what is produced. Key features include private property, profit motive, competition, and limited government intervention.

I think this could devolve quickly, but there's a difference between socially conscious capitalism and what passes for it in the 2020's. Or the 1980's on the early 1900's.

Moality and ethics are a mere afterthought these days and businesses are headed to a similar point they where in the late 1800's and early 1900's when companies employed armed militants (Pinkertons, etc) to murder workers who didn't work hard enough or fought for thieir ability to not work 7 days and 120 hours per week, be paid in company script, live in company housing, shop in company stores and all those other fun things that, I guess you, support...

your mileage may vary, but exclude me from the fans of this form of capitalism being promoted by some people in high places at the moment

 

[comicbookman]

I think this could devolve quickly, but there's a difference between socially conscious capitalism and what passes for it in the 2020's. Or the 1980's on the early 1900's.

Moality and ethics are a mere afterthought these days and businesses are headed to a similar point they where in the late 1800's and early 1900's when companies employed armed militants (Pinkertons, etc) to murder workers who didn't work hard enough or fought for thieir ability to not work 7 days and 120 hours per week, be paid in company script, live in company housing, shop in company stores and all those other fun things that, I guess you, support...

your mileage may vary, but exclude me from the fans of this form of capitalism being promoted by some people in high places at the moment

Big difference between what is clearly a business decision by Wyndham and the examples you site. Apples and Oranges. I don't like this development, but it is hardly at the level of union busting and forced labor. This is the type of move a public company is required to make. While they may be putting some of their workforce out of work, it is a small part of the total workforce. While it is not great for some owners, it is a small slice of owners. Wyndham is not a non-profit company. We all new that when we purchased. To call them without morals for this action is absurd. For allowing the salesman to continue lying, absolutely, but not for standard business decisions.

 

[Floridaman76]

If anyone's paying attention, there's another report of Wyndham telling people they have to buy more to "get out" of the resorts closing on facebook.

It's someone at one of the Orlando resorts. The OP says she owns at Star Island, but I know they don't have a sales center, so it was probably Bonnet Creek.

@HitchHiker71

 

[Floridaman76]

Big difference between what is clearly a business decision by Wyndham and the examples you site. Apples and Oranges. I don't like this development, but it is hardly at the level of union busting and forced labor. This is the type of move a public company is required to make. While they may be putting some of their workforce out of work, it is a small part of the total workforce. While it is not great for some owners, it is a small slice of owners. Wyndham is not a non-profit company. We all new that when we purchased. To call them without morals for this action is absurd. For allowing the salesman to continue lying, absolutely, but not for standard business decisions.

I agree it's not an equivalency, but at the same time, you came out of the gate staunchly defending capitalism, as it stands today. Or at least that was my take.

And that's what leads to the kind of predatory activity, especially such outrageous activities as what is happening right now at some of the sales centers trying to take advantage of people who own at these resorts, telling them they have to BUY MORE to get out.

It's indefensible...

 

[comicbookman]

I agree it's not an equivalency, but at the same time, you came out of the gate staunchly defending capitalism, as it stands today. Or at least that was my take.

And that's what leads to the kind of predatory activity, especially such outrageous activities as what is happening right now at some of the sales centers trying to take advantage of people who own at these resorts, telling them they have to BUY MORE to get out.

It's indefensible...

I came out of the gate defending this example of capitalism. You sensationalized it. Nice attempt to avoid the actual point, but I am not buying it. I own at Glade. I was at a sales meeting last week at Myrtle beach. They acknowledged my intent to hold glade and take the CWA exchange. I cut them off after enough time so they never got to whatever lie they were going to try to spin on me. This is a lot easer since they went to gifting up front a few years ago) I have1.4 million points, all paid for, and my family and I use and enjoy them. CWA will be lower Maint. than my Glade, so that is a plus. I just think exaggerating normal business maneuvers makes pointing out the outrageous lies less effective.

edit for grammer

 

[hjsweet2002]

Bentley Brook is one of the few resorts in the New England region. We have been there for Thanksgiving for the last 12 years. It is always crowded and they have just remodeled the main buildings. There is no sales there. I see no reason for closing this resort except for corporate greed. The staff is the best Wyndham staff that we have encountered in all of our vacations.

 

[comicbookman]

Bentley Brook is one of the few resorts in the New England region. We have been there for Thanksgiving for the last 12 years. It is always crowded and they have just remodeled the main buildings. There is no sales there. I see no reason for closing this resort except for corporate greed. The staff is the best Wyndham staff that we have encountered in all of our vacations.

It has been posited that BB is one of the resorts being dropped due to low owner ( that includes anyone who owns Wyndham points anywhere in the system) occupancy. This idea has been given some credibility by that rantings of a northeast mega renter who claims to speak for a group of over 100 northeast mega renters. We have only stayed at BB 3 times. Twice in summer and once in winter. ( My kids learned to snowboard that trip). We enjoyed it each time and will miss it

 

[Marianne g]

Bentley Brook is one of the few resorts in the New England region. We have been there for Thanksgiving for the last 12 years. It is always crowded and they have just remodeled the main buildings. There is no sales there. I see no reason for closing this resort except for corporate greed. The staff is the best Wyndham staff that we have encountered in all of our vacations.

I couldn’t agree more

 

[Rolltydr]

I think this could devolve quickly, but there's a difference between socially conscious capitalism and what passes for it in the 2020's. Or the 1980's on the early 1900's.

Moality and ethics are a mere afterthought these days and businesses are headed to a similar point they where in the late 1800's and early 1900's when companies employed armed militants (Pinkertons, etc) to murder workers who didn't work hard enough or fought for thieir ability to not work 7 days and 120 hours per week, be paid in company script, live in company housing, shop in company stores and all those other fun things that, I guess you, support...

your mileage may vary, but exclude me from the fans of this form of capitalism being promoted by some people in high places at the moment

Bless your heart. You’re actually comparing a timeshare company closing a small number of resorts, many of which are underperforming, at least in terms of owner occupancy, to acts of murder? And, then saying I support the murderers based on what? My comments that businesses have to make financial decisions based on what the data shows in terms of their current performance, as well as, how they are positioned for the future? Please explain how that has anything to do with murdering people and how in the year 2025, you made the jump from someone supporting capitalism to supporting murder in 1900!

The only part of your post that made any sense at all was the first sentence. You made damn sure it was true, didn’t you! That is the single most asinine post I’ve ever read. Ever!

 

[Floridaman76]

Bless your heart. You’re actually comparing a timeshare company closing a small number of resorts, many of which are underperforming, at least in terms of owner occupancy, to acts of murder? And, then saying I support the murderers based on what? My comments that businesses have to make financial decisions based on what the data shows in terms of their current performance, as well as, how they are positioned for the future? Please explain how that has anything to do with murdering people and how in the year 2025, you made the jump from someone supporting capitalism to supporting murder in 1900!

The only part of your post that made any sense at all was the first sentence. You made damn sure it was true, didn’t you! That is the single most asinine post I’ve ever read. Ever!

Some of you really missed or purposely ignored the point or context clues in that post.

"The System" is what allows various abuses take place. I don't expect most of you to get it, or acknowledge it.

And no, i didn't compare what Wyndham is doing to the various "Pinkerton Massacre" or "Matewan Masscre" situations of the past, but just like those, the system set up those abuses to take place in less egregious forms. Such as preying on elderly people, lying to them to get them to spend more of their money on something they will ultimately get for free.

Systematic greed. I'm certainly not a socialist or a communist, but the economic system here in the US right now is so rigged against the average person, it's pretty ridiculous.

 

[Rolltydr]

I'm certainly not a socialist or a communist, but the economic system here in the US right now is so rigged against the average person,

Compared to what other economic system(s)? It certainly isn’t perfect and there is much I don’t particularly like or support.

Some of you really missed or purposely ignored the point or context clues in that post.

Or, perhaps you did a very poor job of explaining your position. You never actually presented your position. You just jumped straight to “Moality and ethics are a mere afterthought these days and businesses are headed to a similar point they where in the late 1800's and early 1900's when companies employed armed militants (Pinkertons, etc) to murder workers who didn't work hard enough or fought for thieir ability to not work 7 days and 120 hours per week, be paid in company script, live in company housing, shop in company stores and all those other fun things that, I guess you, support...”

And, of course, you then insult everyone’s intelligence with the old, “ I don't expect most of you to get it, or acknowledge it.” I’d like to suggest you read Dale Carnegies’ book, ‘How to Win Friends and Influence People’. I know you’re super-intelligent and the rest of us here are mere morons compared to you, but you’re never too old to stop learning, so, you might pick up a pointer or two if you’re open to it.