That must have been waaay back in the days of cancel/rebook. It was a false argument then, because VIP owners would book 3 and 4 bedroom Presidentials at 13 months, then cancel/rebook or cancel-upgrade from a 1 bedroom at 60 days for the VIP discount.
Now that these 3 and 4 bedroom Presidentials are not profitable rentals without the VIP discount, owners who bought into Club Wyndham for their personal use are booking these units at full points cost to take their family on vacation. I do not see how anyone can object to that.
These new restrictions just extend the idea that owners who bought into Club Wyndham for their personal use should have priority over commercial renting, which is, after all, against the rules. I do not see how anyone can object to that.
Clearly the full point reservations in the big units must be profitable. Take a look on eBay at the Wyndham rentals. Then narrow it down to looking at all the listings a seller has and do that for several sellers. I think you'll be just as surprised as I was about how many 3 and 4 bedroom full point reservations are being offered. Dates that aren't in the discount and upgrade window. From what I remember back in the days of cancel/rebook most of the full point rentals offered were for Thanksgiving, Christmas, Easter, 4th of July, special events like Bike Week or a big race week, etc. Maybe I'm mistaken about that? From what I saw on eBay it looks to me like the owners who do a lot of renting will book anything and everything at full points in the big units. It doesn't matter when it is; they'll book it at full points. And there must be enough profit in it to make it worth their while. After looking at a couple of sellers and what they have at several of the most rented resorts I found myself thinking that a huge percentage of the 3 and 4 bedroom units at these resorts have to be occupied by renters rather than owners. I was not expecting to see what I saw and wondered if owners are really any better off at this point than they were pre-Voyager.
When Wyndham's made repeated attempts to control the renting you have to figure at some point when nothing they've done has worked that they'll eventually be forced to to something that will work. It follows that there are owners who are going to be impacted even though they aren't the ones Wyndham is targeting and they won't be happy. Nor will the owners who Wyndham is targeting be happy.
I'm not going to get into a debate with anyone about Wyndham being the biggest renter of all or them not being able to define "commercial renting". You might as well give that up right now because that line of reasoning will get you absolutely nowhere. The important thing to remember is that it's Wyndham's game, they make the rules, it's their ball and their their court. We pay to play. Some of us paid a lot more than others to be allowed to play. If anyone did so based on what they were told that contradicts the verbiage in what they signed when they bought, well it sucks and life isn't fair. I know some of you will say but what will Wyndham do when so many owners decide to be done with Wyndham? That Wyndham won't risk losing them. Think again and quit deluding yourself. Wyndham is exercising right of first refusal on CWA contracts when they come in to be transferred. Someone, if not Wyndham then I don't know who it could possibly be, is drying up the resale market. Those of us who watch the eBay listings for fun or with the intent to buy have been commenting on this. It's pretty darn clear that Wyndham is fully prepared to handle any fallout from what they're trying to accomplish or we wouldn't be seeing this second list come out.
I've already seen people here on TUG and on Facebook saying there will be lawsuits. What exactly do you think that will get you but a lot of your time wasted and any attorney on your case getting richer? If you bought developer and if you're lucky, at best you'll end up with a fraction of what you paid after the attorneys get their fees and/or expenses. Wyndham gets lawsuits brought against them all the time and they typically settle out of court with a non disclosure agreement and those owners being "no longer an owner". In some cases those owners cannot ever own Wyndham again or even stay at a Wyndham property. Some owners may be fine with that.