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

bamasteve said:
OK so it's becoming clearer to me how my FF Bay points will go down with a bankruptcy. Some of the resorts on the list up front just point to a Board of Director's meeting yet to occur (e.g. Patriot's Place). Any idea how those resorts might progress? Does the board have the ability to dissolve the resort or is that just one step before an owner meeting? Thanks in advance.
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May I ask why you think that FB will have to go through bankruptcy? Our meeting is tomorrow for Mountain Meadows. We decided to vote in favor of closing to keep things moving, even though we’ll miss the location.
 
We are ViP Gold and have 105,000 converted points at Fairfield Bay. Our total point total is 608,000 so we were grandfathered in based on the new points requirement. If we lost the 105,000 points from Bay we would still have 503,000 points which was over the old VIP Gold level. Our decision to take the CWA points will be purely based on if we still retain VIP Gold. Any thoughts?
 
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It's amazing that it's going to be October in a few days and we still don't have the whole picture. Even though Pagosa is not on or near a ski slope (it's like 30 minutes away), it's busy there in the winter, and again with the "people have made plans they will have a hard time or not be able to change". Even though it looks like maybe 2 of the 6/7 or so Wyndham HOA's may be closing I wonder if the other ones could absorb the slack this season.

It's crazy we are still finding this stuff out, here 3 months after this first broke
 
jen.in.hi said:
May I ask why you think that FB will have to go through bankruptcy? Our meeting is tomorrow for Mountain Meadows. We decided to vote in favor of closing to keep things moving, even though we’ll miss the location.
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Page 1 - paragraph 3 of the notice: "The association has retained the law firm K&L Gates LLP which will make a presentation at the special meeting regarding a potential sale of the property and bankruptcy of the Association........The purpose of the special meeting is for members to discuss and vote on whether to authorize the Board of Directors to file a chapter 11 bankruptcy case for the Association for the primary purpose of pursuing the sale of the entire Property."

Vote 1 of my proxy form was for/against Chapter 11 filing for the Association.

I'm an engineer not a lawyer - but I read this to mean that the HOA is headed to bankruptcy and the HOA will sell off the units and the resort will suspend operations.
 
Where can timeshare users get an updated listing? I only saw a list from July. I'm posting this 09/25/25. New to this site so maybe need guidance.
 
Kozman said:
We are ViP Gold and have 105,000 converted points at Fairfield Bay. Our total point total is 608,000 so we were grandfathered in based on the new points requirement. If we lost the 105,000 points from Bay we would still have 503,000 points which was over the old VIP Gold level. Our decision to take the CWA points will be purely based on if we still retain VIP Gold. Any thoughts?
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Based on the “legacy” policy stated on page 290 of the 2025-26 directory I would interpret that to mean you’d keep your grandfathered level. But I would deeply familiarize myself with that verbiage and then call and try to get someone in owner care to confirm my interpretation.
 
bamasteve said:
Page 1 - paragraph 3 of the notice: "The association has retained the law firm K&L Gates LLP which will make a presentation at the special meeting regarding a potential sale of the property and bankruptcy of the Association........The purpose of the special meeting is for members to discuss and vote on whether to authorize the Board of Directors to file a chapter 11 bankruptcy case for the Association for the primary purpose of pursuing the sale of the entire Property."

Vote 1 of my proxy form was for/against Chapter 11 filing for the Association.

I'm an engineer not a lawyer - but I read this to mean that the HOA is headed to bankruptcy and the HOA will sell off the units and the resort will suspend operations.
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That's correct, it's documented right in the proxy statement for all to see. This is the same approach being used for every impacted resort, at least to date from what we have seen in multiple proxy statements now.
 
TSuser01 said:
Where can timeshare users get an updated listing? I only saw a list from July. I'm posting this 09/25/25. New to this site so maybe need guidance.
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Glad to see you aboard. HitchHiker71 ( moderator) has been keeping up the July list with any new info. that is found. The list is current as of this writing just not official by Wyn. yet. HOA's are the ones sending out letters. From my understanding the votes are what will determine the closing. And then Wyn. will release more specifics. As mentioned in some prior posts make sure your address is current with Wyn. What has been discussed in prior posts is that people effected by closing will possibly get Access points or could possibly get share of sale after all fees/expenses handled and be relieved of contract maintenance fees. So stay tuned by following updates to list and any further comments here on forward.
 
Someone on Facebook just posted something we have all been speculating and assuming, but they are flat out telling owners "It doesn't matter how you vote, we have the votes to do this and it's happening".

Which goes back to the awful communications and "legal requirements" to not disclose or block bookings.

Anyway, not to beat a dead horse, but I found that statement by Wyndham fascinating. 🍿

Also there was a little piece about VIP levels which may contradict what's in the owner guide.
 
Floridaman76 said:
Someone on Facebook just posted something we have all been speculating and assuming, but they are flat out telling owners "It doesn't matter how you vote, we have the votes to do this and it's happening".
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It would have been more respectful to tell the owners in the meeting letter that they had the right to sign the proxy but that it wasn't necessary to waste their time because Wyndham controls the majority of votes.
 
Kozman said:
We are ViP Gold and have 105,000 converted points at Fairfield Bay. Our total point total is 608,000 so we were grandfathered in based on the new points requirement. If we lost the 105,000 points from Bay we would still have 503,000 points which was over the old VIP Gold level. Our decision to take the CWA points will be purely based on if we still retain VIP Gold. Any thoughts?
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We are in the same boat for platinum. I don't trust them to honor the grandfathering without a fight. I hope I am wrong
 
Floridaman76 said:
Someone on Facebook just posted something we have all been speculating and assuming, but they are flat out telling owners "It doesn't matter how you vote, we have the votes to do this and it's happening".

Which goes back to the awful communications and "legal requirements" to not disclose or block bookings.

Anyway, not to beat a dead horse, but I found that statement by Wyndham fascinating. 🍿

Also there was a little piece about VIP levels which may contradict what's in the owner guide.
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Can you post a copy of link?
 
Floridaman76 said:
Someone on Facebook just posted something we have all been speculating and assuming, but they are flat out telling owners "It doesn't matter how you vote, we have the votes to do this and it's happening".

Which goes back to the awful communications and "legal requirements" to not disclose or block bookings.

Anyway, not to beat a dead horse, but I found that statement by Wyndham fascinating. 🍿

Also there was a little piece about VIP levels which may contradict what's in the owner guide.
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That comment was explicitly mentioned specifically at the FB HOA meeting. In other words, we haven't received any comments along this line from the other HOA meetings as yet, at least not that anyone has yet reported. We shall see if that same comment is repeated and documented at other HOA meetings. What specifically are you referring to regarding a little piece about VIP levels which may contradict what's in the member directory?
 
I was present on Zoom for the FB Mountain Meadows Association meeting that adjourned 30 minutes ago. It was very professional. The quote mentioned above in a FB post was not made on Zoom during the actual formal meeting.

It was stated verbally (during the meeting) that 67% of Mountain Meadows (FB) membership was owned by Wyndham. I asked during Q&A to restate the percentage and in the chat it was clarified further 51% CWA and 16% developer owned.

There were only 3 votes against bankruptcy and sale and over 500 votes for. Based upon the previously mentioned ownership percentages, Wyndham and CWA collectively owns approx. 550 of the available 832 votes.

It seems that Wyndham accepted back enough deeds to just gain a quorum and majority needed to go through with the sale. The meeting was a formality to inform the other owners of what is going to happen. This was not stated explicitly, it was only inferred through knowing the details.
 

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Someone is giving away a Star Island unit in the Free TImeshares forum. What type of impact do these votes and closings have on a property like Star Island where some of the units are Wyndham owned and some aren't? Are the Wyndham controlled units a different HOA? Are the Wyndham owned units in their own buildings or are they mixed in with all the rest. Does the vote happening at Star Island impact both the Wyndham controlled and non Wyndham units? I would think it does if just one HOA.
 
jen.in.hi said:
It was stated verbally (during the meeting) that 67% of Mountain Meadows (FB) membership was owned by Wyndham. I asked during Q&A to restate the percentage and in the chat it was clarified further 51% CWA and 16% developer owned.
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In the FB Fairways meeting they said 72% was controlled by Wyndham. I did not ask for a breakdown.
 
Floridaman76 said:
Even though it looks like maybe 2 of the 6/7 or so Wyndham HOA's may be closing I wonder if the other ones could absorb the slack this season.
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Wyndham Pagosa is mostly deserted during the winter, even during spring break, with the parking lots typically only 15-25% occupied.

The parking lots are full during the summer, but these are mostly overnighters as the same vehicles are there for only one or two nights.

The Peregrine development is large enough to absorb the entire Masters Place complex of guests with loads of room to spare.
 
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