55plus
TUG Member
I hope Wyndham didn't just change the rules to eliminate owner rentals so they can grab prime time reservations for Extra Holidays.
I hope Wyndham didn't just change the rules to eliminate owner rentals so they can grab prime time reservations for Extra Holidays.
Its been the pattern over the last 6 years. Squeeze out the competition slowly. Unfourtunately for VIP owners that have counted on rental income to pay maintenance fees the last several months has really changed the strategy Wyndham sold them.Bingo. We have a winner! Someone who now sees the light. Or at least is beginning to see slight shadows and glimpses of light.
Just my opinion. But keep watching as the Wyndham Mafia kills off the competition for its monopoly EH.
If an owner has a NEED to rent to others inorder to pay their maintenance fees, then they bought too many points and should off load the surplus. In my opinion one cannot have too many guns, but one can have too many points.Its been the pattern over the last 6 years. Squeeze out the competition slowly. Unfourtunately for VIP owners that have counted on rental income to pay maintenance fees the last several months has really changed the strategy Wyndham sold them.
No especially now that Wyndham closed the loophole. It was also the reason I always said it was cheaper to rent then buy. The enforcement of resale points not being used with VIP benefits will more then likely force guys like me to buy more points. A huge win for owners booking for personal use but also for Wyndham to sell some of the certified exit inventory they are taking back by the boat load now.If an owner has a NEED to rent to others inorder to pay their maintenance fees, then they bought too many points and should off load the surplus. In my opinion one cannot have too many guns, but one can have too many points.
I hope Wyndham didn't just change the rules to eliminate owner rentals so they can grab prime time reservations for Extra Holidays.
Won't be cheaper much longer, except maybe for very close friends and family. EH is an expensive way to rent and cheap discounted rentals will most likely no longer be advertised in any forum. May take a few months to work existing points out, but, it won't be long until you won't be able to say 'cheaper to rent than buy'.I always said it was cheaper to rent then buy.
Yes indeed. Wyndham has squeezed out the competition. Along the way they have created a new buyer of points they are taking back with certified exit by the boat load now!Won't be cheaper much longer, except maybe for very close friends and family. EH is an expensive way to rent and cheap discounted rentals will most likely no longer be advertised in any forum. May take a few months to work existing points out, but, it won't be long until you won't be able to say 'cheaper to rent than buy'.
But wait a minute, one of the sales tactics has been "sure you don't need all those points now, but you will when you retire. Buy another contract now before the prices increase and you can rent out your unused points to cover the maintenance fees"If an owner has a NEED to rent to others inorder to pay their maintenance fees, then they bought too many points and should off load the surplus. In my opinion one cannot have too many guns, but one can have too many points.
You and I have different ways of asking the same question. If I'm violating the restriction, then EH shouldn't take it, right? (Edit #2: In retrospect, I'm not sure this is true and this is what @55plus is asking. Perhaps listing on EH removes the stigma of a adding a guest to a reservation in a restricted period. After all, I'm not the one doing the renting or adding a guest. I'm just listing the week, making it available. I know -- I may be splitting a hair. But, that's what we want to find out. And anyway, I'm not driving the bus, just looking for a ride.)
I'll try it out and let everyone know what happened. It's the first of two consecutive January weeks at Royal Vista. They're too good to cancel, so the alternative is to use it ourselves -- a very real possibility. I'll be retired by then.
Edit #1: I sent in the Extra Holidays Listing Agreement for a 2BR Deluxe at Royal Vista, January 8-15, 2022. The last two days infringe upon the restricted period for MLK's Birthday Weekend (Jan 13-17).
If an owner has a NEED to rent to others inorder to pay their maintenance fees, then they bought too many points and should off load the surplus. In my opinion one cannot have too many guns, but one can have too many points.
Please do try and let us know how it turns out. Obviously it goes without saying that your test case will only be valid if the dates rented cross over into a listed blackout date range.
Sent from my iPhone using Tapatalk
As I said in Edit #1, the reservation runs into MLK's Birthday weekend, a restricted weekend at Royal Vista.
Sooner or later owners will realize the rental gig is over.Yes, but as we are all well aware, EH can rent only a portion of the submitted date range - so it’s possible EH may rent only the portion that does not fall into the blackout period - which is what we should see happen here.
Sent from my iPhone using Tapatalk
That would super stink though, wouldn't it? Seems unethical to me if EH would take a 7 night reservation knowing at best they would be able to rent 5 of the nights.Yes, but as we are all well aware, EH can rent only a portion of the submitted date range - so it’s possible EH may rent only the portion that does not fall into the blackout period - which is what we should see happen here.
Sent from my iPhone using Tapatalk
Yes, but as we are all well aware, EH can rent only a portion of the submitted date range - so it’s possible EH may rent only the portion that does not fall into the blackout period - which is what we should see happen here.
Sent from my iPhone using Tapatalk
It would be VERY wrong of Wyndham EH to accept the 7 days knowing that they’d only rent the 5 days. Good test just to see just how slimy the Wyndham EH group is.I think what we’re well aware of (and what hitchhiker was saying) is that EH doesn’t have to rent the full reservation. What’s then speculative is if they would take a reservation that includes two blackout nights and intentionally hold back those nights, only renting (or placing for rent) the allowed nights.
It would be VERY wrong of Wyndham EH to accept the 7 days knowing that they’d only rent the 5 days. Good test just to see just how slimy the Wyndham EH group is.
I think what we’re well aware of (and what hitchhiker was saying) is that EH doesn’t have to rent the full reservation. What’s then speculative is if they would take a reservation that includes two blackout nights and intentionally hold back those nights, only renting (or placing for rent) the allowed nights.
I think what we’re well aware of (and what hitchhiker was saying) is that EH doesn’t have to rent the full reservation. What’s then speculative is if they would take a reservation that includes two blackout nights and intentionally hold back those nights, only renting (or placing for rent) the allowed nights.
We are not all well aware! Have we seen something to the effect that EH is being bound by the restrictions? I've seen a lot of speculation but nothing firm from Wyndham.
Really! If someone wants a full week and Thursday and Friday run into the MLK's Birthday weekend restriction, do we know for a fact that EH won't rent the full week?
(My week is Saturday-Saturday so I think I was wrong above when I said Friday and Saturday were the restricted nights. Should be Thursday and Friday nights.)
I'm surprised that everyone is not well aware that only a portion of the submitted date range cannot be rented, since it's right in the T&Cs of the listing agreement that everyone must sign when submitting a reservation to EH for rental consideration. As @paxsarah alluded to, we have seen a number of complaints on the FB forums over time from folks who have used EH and have had only a subset of the date range rented. IF Wyndham is honoring the blackout periods - this is precisely what we should see happen with your test. If we do not see this end result - then we have reason to be concerned since what we have been told would not line up with the behavior observed.
View attachment 37923
So, they actually accepted the full 7 days into EH? Contract all executed? Even though 2 days are during Blackout? Wrong on their part, IMHO, unless they plan on actually 'renting' during the Blackout dates, which I also think is wrong on their part.Different things. We know EH does not have to rent the entire reservation. We know EH does not have to rent any of the reservation.
We don't know if EH will rent nights that are in a restricted period. The week I submitted is a pretty desirable week -- a 2BR Deluxe unit January 8-15 at Royal Vista. If EH accepts the listing and lists the entire seven nights, I would expect someone to grab it.
If EH accepts the listing and lists only five nights, the question will have been answered. And, I'll probably withdraw the listing and use the week (and the subsequent week) ourselves.
Different things. We know EH does not have to rent the entire reservation. We know EH does not have to rent any of the reservation.
We don't know if EH will rent nights that are in a restricted period. The week I submitted is a pretty desirable week -- a 2BR Deluxe unit January 8-15 at Royal Vista. If EH accepts the listing and lists the entire seven nights, I would expect someone to grab it.
If EH accepts the listing and lists only five nights, the question will have been answered. And, I'll probably withdraw the listing and use the week (and the subsequent week) ourselves.