Wyndham last minute rentals [MERGED]

[dgalati]

Anyone else notice that Wyndham resorts are no longer the majority of listings on tug last minute rentals?

Last Minute Discounted Timeshare Rentals Offered

Rentals of actual resort time (not points) with start dates 45 days or less into the future and Maximum rental rate $800/week or $115/day. Rentals more than 45 days out should be placed in the regular TUG Timeshare Marketplace.

tugbbs.com

 

[Sandi Bo]

 

[kaljor]

Damn. I was just thinking of renting from a VIP to save money! Without the burden of Maintenance Fees.

 

[dgalati]

Damn. I was just thinking of renting from a VIP to save money! Without the burden of Maintenance Fees.

You forgot for less then 1/2 the cost!

 

[55plus]

View attachment 38005

Looks like Dominic is searching for something to rent. Or is he buying?

 

[wjappraise]

He’s just provoking. Or as Sandi noted - stirring the pot.

 

[dgalati]

Looks like Dominic is searching for something to rent. Or is he buying?

Remember he who stirs the s*** pot last has to lick the spoon.

 

[55plus]

Remember he who stirs the s*** pot last has to lick the spoon.

So, how did it taste? Was it familiar?

 

[tschwa2]

Anyone else notice that Wyndham resorts are no longer the majority of listings on tug last minute rentals?

Last Minute Discounted Timeshare Rentals Offered

Rentals of actual resort time (not points) with start dates 45 days or less into the future and Maximum rental rate $800/week or $115/day. Rentals more than 45 days out should be placed in the regular TUG Timeshare Marketplace.

tugbbs.com

except they still are the majority.

 

[wjappraise]

I’m assuming changes to resale points will have a HUGE impact on the rental prices for rooms here and on other forums.

It’s really a shame to see hundreds of rooms at a place like Bonnet Creek advertised for $115 a night for a two bedroom unit, and then have buyers try to negotiate it down to under $100.

Has no one stayed at a hotel recently? We stayed at a LaQuinta recently- and while nice it was one bed, a sleeper sofa, one bathroom and probably 200 square feet. $145 including taxes. For one night. In Ohio.

A two bedroom room at bonnet creek for $225 a night should be viewed as a fantastic deal.

And if that happens - Wyndham rentals might still work even if resale points don’t get discounts or upgrades.

 

[Tank]

IMHO
I think the “for rent” section hurts more than help the real value of a timeshare. Rather see it gone.

Looking to rent section in a 45 day window ,no limits, would be fine keeping timeshare value.

It’s not about the value. This section single handily ruins timeshare value.

If I were to be able to reserve a timeshare at someone else’s cost, I consider that value.
Why else would we own?

 

[wjappraise]

IMHO
I think the “for rent” section hurts more than help the real value of a timeshare. Rather see it gone.

Looking to rent section in a 45 day window ,no limits, would be fine keeping timeshare value.

It’s not about the value. This section single handily ruins timeshare value.

If I were to be able to reserve a timeshare at someone else’s cost, I consider that value.
Why else would we own?

True.

I’ve long held the $100 (now $115) a night limit needs to be per bedroom - not a one size fits all. If I have a four bedroom unit at Bonnet Creek, why is it held to the same price ceiling as the one bedroom suite (studio unit) at Star Island?

The per-bedroom ceiling doesn’t mean all rooms would reach that high. We have the perfect test case over the past two years where the upper limit was raised from $100 to $115. There are numerous instances where rooms were offered - and sold - for less than the $115 per night.

This really is a microcosm of free enterprise - the market sets the rate. And once the supply side is squeezed - the potential buyer would be willing to pay more for the inventory.

I know the argument will be that I can post a room on the “other” thread that isn’t last minute - but who really uses it? I don’t ever check it; I’m not sure I could tell someone where it is, especially when I’m checking on my phone using Tapatalk - which is about 99% of the time.

The per-bedroom limit is fair and easily understood and enforceable. And it keeps a lot of traffic going to the LMR site. I’m sure the traffic will drop precipitously once Wyndham changes go into effect, or at least once the hybrid owners who advertise there hundreds of times a month, dispose of their resale points. And isn’t traffic to that thread beneficial to the forum?

Worth the discussion, right?

Wes

 

[dgalati]

IMHO
I think the “for rent” section hurts more than help the real value of a timeshare. Rather see it gone.

Looking to rent section in a 45 day window ,no limits, would be fine keeping timeshare value.

It’s not about the value. This section single handily ruins timeshare value.

If I were to be able to reserve a timeshare at someone else’s cost, I consider that value.
Why else would we own?

Who does it hurt the owner that bought into VIP buying more points to rent and cover maintenance fees? Look at it from a renters perspective and see how beneficial it is to rent compared to owning. There is always two sides to a coin. Renters are actually helping VIP owners cover some of their maintenance fees. Without them EH would be taking them for a ride! Then when they decide to exit Wyndham has another option for them called certified exit at a $0 purchase price. So who is really hurting owners? Take the your rose colored glasses off and see the industry as it is. Filled with sharks from start to finish. Just my honest opinion. Last minute rentals serves a purpose for owners booking in the 60 day discount window. They can cover maintenance fees and possibly make a profit if they play the free upgrades to their advantage.

 

[dgalati]

True.

I’ve long held the $100 (now $115) a night limit needs to be per bedroom - not a one size fits all. If I have a four bedroom unit at Bonnet Creek, why is it held to the same price ceiling as the one bedroom suite (studio unit) at Star Island?

The per-bedroom ceiling doesn’t mean all rooms would reach that high. We have the perfect test case over the past two years where the upper limit was raised from $100 to $115. There are numerous instances where rooms were offered - and sold - for less than the $115 per night.

This really is a microcosm of free enterprise - the market sets the rate. And once the supply side is squeezed - the potential buyer would be willing to pay more for the inventory.

I know the argument will be that I can post a room on the “other” thread that isn’t last minute - but who really uses it? I don’t ever check it; I’m not sure I could tell someone where it is, especially when I’m checking on my phone using Tapatalk - which is about 99% of the time.

The per-bedroom limit is fair and easily understood and enforceable. And it keeps a lot of traffic going to the LMR site. I’m sure the traffic will drop precipitously once Wyndham changes go into effect, or at least once the hybrid owners who advertise there hundreds of times a month, dispose of their resale points. And isn’t traffic to that thread beneficial to the forum?

Worth the discussion, right?

Wes

Come on Wes supply and demand dictates what the going rate is. TUG is not the problem owners that bought into the sales strategy of renting to cover maintenance fees is. Why not make the minimum $250 a night? Who would that benefit EH? Look on facebook for rentals you can find them at less then $100 a night every day of the week.

 

[wjappraise]

Come on Wes supply and demand dictates what the going rate is. TUG is not the problem owners that bought into the sales strategy of renting to cover maintenance fees is. Why not make the minimum $250 a night? Who would that benefit EH? Look on facebook for rentals you can find them at less then $100 a night every day of the week.

Dominic.

Unknowingly you support my point. FB doesn’t set the limit to the price ceiling. The market does. And once resale points lose their mojo, the prices will rise.

If FB doesn’t set a ceiling, but great deals still exist, TUG LMR can expect great deals with a reasonable ceiling. And a per bedroom limit allows the powers that be here at TUG to continue to rightfully tout the very low costs for rooms on that forum/thread. I would guess TUG would see even more traffic once Wyndham changes go into effect - but only if there is sufficient inventory posted there.

And that’s the proverbial handwriting on the wall. Once the ridiculously low prices go away (using points discount and free upgrades) for the majority of the Wyndham rooms posted on LMR, the volume of inventory dries up (majority of rooms on LMR are Wyndham from just a handful of members). And with less inventory - less traffic.

But by adopting a per bedroom cost ceiling, the inventory would be good, and it would vary from a studio to a four bedroom Presidential.

Just a thought.

 

[rickandcindy23]

Who does it hurt the owner that bought into VIP buying more points to rent and cover maintenance fees? Look at it from a renters perspective and see how beneficial it is to rent compared to owning. There is always two sides to a coin. Renters are actually helping VIP owners cover some of their maintenance fees. Without them EH would be taking them for a ride! Then when they decide to exit Wyndham has another option for them called certified exit at a $0 purchase price. So who is really hurting owners? Take the your rose colored glasses off and see the industry as it is. Filled with sharks from start to finish. Just my honest opinion. Last minute rentals serves a purpose for owners booking in the 60 day discount window. They can cover maintenance fees and possibly make a profit if they play the free upgrades to their advantage.

Wait...what???? After all of your other posts about owners renting Wyndham inventory??? Who is posting under your name?

 

[55plus]

Wait...what???? After all of your other posts about owners renting Wyndham inventory??? Who is posting under your name?

Dominic is stirring the pot. He must be making dinner.

 

[Ty1on]

Wait...what???? After all of your other posts about owners renting Wyndham inventory??? Who is posting under your name?

He's always said he's loved renting cheap from VIP owners. I guess he hates the players, but not the game

 

[Tank]

He's always said he's loved renting cheap from VIP owners. I guess he hates the players, but not the game

Then he would be the bottom feeder that is talked about taking advantage of the average owner taking a beating at $800 a week price. Those VIP’s are the only ones that could supply them without a loss.
That’s coming to a end.
I would loose about$400 renting at that price. not happening!
Like I said, getting a vacation at one’s cost at a location I want to go would make ME very happy. Guess what, I’d be willing to bet the rentee as well.
The bottom feeder wants someone else to pay for the vacation. We see them all the time.

 

[dgalati]

Dominic.

Unknowingly you support my point. FB doesn’t set the limit to the price ceiling. The market does. And once resale points lose their mojo, the prices will rise.

If FB doesn’t set a ceiling, but great deals still exist, TUG LMR can expect great deals with a reasonable ceiling. And a per bedroom limit allows the powers that be here at TUG to continue to rightfully tout the very low costs for rooms on that forum/thread. I would guess TUG would see even more traffic once Wyndham changes go into effect - but only if there is sufficient inventory posted there.

And that’s the proverbial handwriting on the wall. Once the ridiculously low prices go away (using points discount and free upgrades) for the majority of the Wyndham rooms posted on LMR, the volume of inventory dries up (majority of rooms on LMR are Wyndham from just a handful of members). And with less inventory - less traffic.

But by adopting a per bedroom cost ceiling, the inventory would be good, and it would vary from a studio to a four bedroom Presidential.

Just a thought.

All good things eventually come to a end. @am1 pointed out you have to be creative and adapt to a new strategy sometimes to survive. The other option is tap out and call it a day. If price goes up it may create a new group of buyers. I for one would buy more points if it becomes more cost effective for my travel needs.

 

[dgalati]

Anyone else notice that Last Minute Rentals are no longer 80-90% Wyndham rentals? Looks like the recent changes by Wyndham has had a positive effect on limiting the commercial rental enterprises that were operating using resale points along with VIP discounts and free upgrades.

 

[troy12n]

Don't worry, the gears started turning as soon as Wyndham announced these changes. These people running rental businesses that aren't really rental businesses are already hard at work, trying to figure out their next way to scam the system... can't keep a bunch of entrepreneurs down for long!

 

[dgalati]

Anyone else notice that Last Minute Rentals are no longer dominated with discounted Wyndham rentals?

 

[SueDonJ]

[Moderator Note: Multiple duplicate threads have been merged. Note the TUG Rules prohibit duplicate posts/threads.] <-- SueDonJ

 

[Travelguy55]

Dominic, can you explain how to rent from a VIP owner at favorable rates.