... In reality, it seems the lesser quality weeks are included for the fixed week converted weeks and the MF's are correspondingly higher for Club Wyndham Access ... [QOUTE]
So the Sales Pitch for National Harbor went in the early days of selling it. They did not use the term lesser quality weeks, they used the term older resorts and they said that Wyndham was going to be raising the MF fees related to any property in the Access System over what is charged for other owners. Since then, Wyndham has undergone may changes and the selling emphisis has shifted to Access at least at some locations. I am assuming the Access owned inventory is significaty larger now. A number of people have suggested that Wyndham may be using Access to gain a greater share of voting power in POAs for the resorts or that Access may be limited to availabilty use that relates to their ownership interest in Wyndham Club Plus (aka the old Fairfield trust), at least as it relates to the ARP program. Therefore, I do not know if this is true. I cannot avoid a chuckle that National Harbor is now one of the resorts in the Access system, something the salespeople said would not happen. If I were a cynic, which I have frequently been accused of, I would believe that in the world of Wyndham Think, Access is destin to become the surving program at the expense of all earlier verisions of trusts and Resort POAs. From a practical point of view, as one of the hold outs on joining the Access program, I think it is absolutly great that Wyndham, out of the kindness of there hearts, is picking up forclosed properties and/or properties with defaulted manufacturing fees and having the Club Access people pay for them under the blended MF system.
The following information was extracted from an old on-line report. Appears to be last quarter of 1996 or 1997. Numbers 1 to 12 are probably the resorts that were mentioned by a Senior Wyndham official at the Patriot’s Place open house as the 12 original resorts. He used the term Legacy resorts in referring to the original resorts and he said that Patriots Place was number 11. I would suspect that ARP rights at these resorts are limited to the original week in the initial contract. If the speculation that Access is front loaded to older resorts, MF and special assessments could rise as these resorts continue to age and need additional rehab. To evaluate this properly you would need to see what inventory is actually owned by Club Access that they are responsible for MF on. I am not a club access owner. This information should be available to Club Access owners.
1. Fairfield Branson Branson, MO … 54 units …
2. Fairfield Myrtle Beach Myrtle Beach, SC … was built in 1989 in North Myrtle Beach … Westwinds …
- SeaWatch Plantation … The first building of the resort was completed in August
1996, and the entire first phase should be completed in 1999 …
- NOTE: Ocean Blvd and the Cottages have since joined this grouping and maybe Towers on the Grove as the newest addition. The posability that the Ocean Club or portions
of it may also join in the near future under the WAAM program.
3. Fairfield Bay Fairfield Bay, AR … 217 units …
4. Fairfield Flagstaff Flagstaff, AZ … provides 125 …
5. Fairfield Glade Fairfield Glade, TN … 358 units …
6. Harbortown Point Ventura, CA … has 57 units.
7. Fairfield Harbour New Bern, NC … 207 units …
8. Fairfield Mountains Lake Lure, NC--This resort offers 215 units …
9. Fairfield Ocean Ridge Edisto Island, SC--Edisto Island … has 154 units completed. …
10. Fairfield Plantation Villa Rica, GA … 80 units …
11. Fairfield Williamsburg Williamsburg, VA … 393 units completed and 22 units under construction …
- Kingsgate and Governor's Green apparently joined this group.
12. Fairfield Sapphire Valley Sapphire, NC … includes 194 units …
13. Fairfield Orlando at Cypress Palms Kissimmee, FL … Fairfield Orlando has 42 units completed and 12 units under construction
14. Fairfield Pagosa Pagosa Springs, CO … has 172 units completed and four units under construction …
15. Fairfield Nashville at Music City, USA Nashville, TN …had 15 units completed and 15 units under construction. …