If you think Wyndham only has one plan ... you all are wrong. And you all are right.
Wyndham's goal .. IMHO .. is to stop private rentals to gain control of the RACK RATE of rentals ... making purchasing a vacation ownership a far better option. And make money on both ends of the deal. Ovations is restocking the 'inventory' for sale bucket at almost NO COST ... they are selling basicly only CWA contracts .. no deed; hence, no foreclosure process (saving time & money). No troublesome HOAs as the more Wyndham owns and manages the 'points ownership' (also the underlying deeds) .. they more they just run the resorts as their kingdoms ... billing Club Assess's owners. And the higher the MFs go for the CWP owners, the more those owners give back their deeds thru Ovations.
TUG posters regularly suggest buying at resorts having cheaper HOA fees ... and CWA, offered ARP at LOTs of resorts VERSES just 1 ARP resort the CWP owner had. And for a long time, CWA's MFs were lower than many CWP resorts. That appears to be ending.
Via Ovations, Wyndham is getting more the older resorts back into inventory ... and this inventory MUST LOOK GOOD to all those new & younger CWA owners (renovations must be done). Fees will increase in CWA as more old owners can't ... travel, pay higher MFs, and not not happy with the "new sheriff in town" ... and increasingly turn their ownerships back into Wyndham fixed week intervals & CWP points Ovations).
What I think is ... Club Wyndham Access with become more of Club Wyndham Axis (not a mis-typed word). Wyndham will ...with a 3 man HOA board ... totally run CWA with costs spread among all CWA owners via a MFs. So an independant HOAs will NOT exist ... as CWA will vote their block of owned deeds to improve the resort. Wyndham wins ... the CWA block of deeds VOTEs to upgrade at each resort and CWA fees goes up. Yearly. CWA owners will see increases yearly ,,, when they get annoy and stop paying MFs, it takes only 2 or 3 form letters to terminate their membership. No foreclosure, no lawyers, no court paperwork ... and those certificates are done with.
Getting prime time reservations will become harder ... Florida in February with CWA COULD have 400,000 CWA owners calling for President's Birthday week ... at Santa Barbara 90 units ... which maybe still has 15 FW owners that week. Leaving 75 units available ... and Royal Vista only has 93 units all UDI points last year ... but maybe next year, 15% will be CWA points. And Sea Gardens, still has a lot of Fixed Week Winter deeds held privately ... but it witll become CWA majority, too.
Will CWA be a good thing ... yes, it will keep the lesser/older resorts with paid MFs ,, but the unhappy CWA members will increase as those owners change from going to Bonnet Creek with hundreds of rooms to Santa Barbara with 90 units.
Wyndham has build a MEGA-CLUB .. CWA .. it now, needs to build more MEGA-RESORTs in the very high demand areas.