Carolinian
TUG Member
The Feastiva's, etc PAY the annual fees. That is a major difference. If they fail it is a true business failure not a plan to fail spelled out from the PPC birth. Big difference and potential for legal fallout.
When these points schemes do fail, and it has already happened a number of times in timesharing, it can be more devastating for resorts than attrition of individual members. I remember a few years ago when it sunk a resort in the Poconos. It has also put a financial strain on one of my SA resorts a few years ago. Several of these points clubs have gone belly up in SA.