We were just at Chicago Grand and I was told they only have 42 rooms for timeshare.
Just look at October 2019 and see all the available inventory and then starting November 1st every single day of every single month is not available. There is no way that is not some type of hold being placed on the inventory. How could there possibly be 15 days in October 2019 with availability and zero days in October of 2020, when most people can't even book for October 2020 yet??
Do you think that also applies to the timeshare?
Do you think that also applies to the timeshare?
Does anyone actually own any interest in Chicago? I have not heard of any. If no owner owns them, that means Wyndham paid for them, and they can sell their ownership to the new system.
Its all about the money!
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I don't know about anyone else but if this resort is lost which would also make two resorts lost from the PR program just months before Privileges comes out, that raises a whole lot of questions with no answers.
At least Midtown 45 Has been sold and deeded to owners.I’m hoping they replace them with something else, but it is disturbing they can remove a resort from the portfolio like that. If they keep removing resorts, I suspect someone will file a lawsuit. Even if it is Wyndham owned (or leased) inventory, if they drastically change the portfolio, it won’t be close to what people paid for. I would imagine more then a few PR owners would take issue if they removed more then a few resorts. I know I would be mad. It makes me second guess potentially going PR later.
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The email posted isn't really clear. It mentions not being able to get Wyndham reward points so that leads me to hope it is just the hotel not the Wyndham units there. The lack of availability past the take over date could mean that Wyndham didn't keep the units they had or it could mean that during the transition they are taking everything out of availability at this time. Even though it is a lot of points to book and the parking is outrageous the resort is very popular with owners making it hard to get into. There will be a lot of disappointed owners if we are losing this resort.
In the directory it says at the bottom of the page "Wyndham Grand Chicago Riverfront is available under a long-term lease through 2037." It sounds like Royal Sonesta made Wyndham an offer they couldn't pass up to surrender their lease early. We were hearing some bad reports about problems at this resort within the last few months. Things like elevators not working for hours. I wonder if what we were reading wasn't done to pressure Wyndham into agreeing to give up their lease if in fact they did.
This is another presidential reserve resort so if like Glacier Canyon Wyndham is pulling another resort out of PR that should make every PR owner very alarmed. PR inventory wouldn't be part of access inventory so would have to be deeded or part of an association. Schoolmarm posted that Wyndham only has 42 units at this resort. In the directory it shows studios, one bedroom deluxe and one and two bedroom presidentials. Only a percentage of those one and two bedroom presidential units would have been PR. Wyndham could have easily bought those few owners out or offered them PR at a different resort. Just like they did with the Glacier Canyon PR owners.
If the regular inventory was all in CWA, Wyndham can easily pull that inventory out of CWA. As I posted in the thread "What Would You Pay For VIP Silver" in response to cbyrne1174's ideas about the future of timeshares.
I don't know about anyone else but if this resort is lost which would also make two resorts lost from the PR program just months before Privileges comes out, that raises a whole lot of questions with no answers.