TUGBrian
Administrator
http://www.prweb.com/releases/2017/05/prweb14355788.htm
should be interesting to see the outcome of these...
should be interesting to see the outcome of these...
It would be nice if a favorable decision would be handed down, and it could be used as a precedence in other jurisdictions/states.http://www.prweb.com/releases/2017/05/prweb14355788.htm
should be interesting to see the outcome of these...
My observation is that newspeople like to write sensational articles, but very, very rarely is there any follow-up.http://www.prweb.com/releases/2017/05/prweb14355788.htm
should be interesting to see the outcome of these...
Are the two Mass Action cases listed on the law firm website still active?
https://www.givenslawfirm.com/lawsuits-filed-against-wyndham
They are not listing the Mass Action cases as settled. Clearly Wyndham chose to settle with confidentiality on all of the lawsuits filed on behalf of individuals. Curious to get status on the Mass Action lawsuits which paint a much broader brush in comparison.
IME the courts do NOT take kindly to any elder abuse. I have direct experience with elder abuse cases both professionally and personally, it is a serious felony legal issue. That said these are probably civil vs criminal cases. Still, it is federal court, so if the law firm comes out on top, precedent will change the industry.
Wyndham like any big company would prefer to settle out of court with confidentiality agreements. Actually going through the whole trial process is expensive and public plus the jury could conceivably award a higher sum than it would cost them to settle out of court. I didn't see dates on that list of 12 lawsuits in Tennessee that were all settled out of court but it sounded like they were recent and I'm going to assume they were all from the Great Smokies Lodge sales center. Here on TUG we've heard a number of bad reports about that sales center.
Last year I remember reading on a similar site that Wyndham had by far the highest number of then active lawsuits of any of the timeshare companies. If I remember correctly it was about double the number of the next closest timeshare company and about the same as the total of the others I saw listed. I've always said Wyndham has a good product but their sales practices give their company and the whole industry a bad name. It's past time for them to give an entirely new business model a chance. The old guard really needs to understand that the younger generations that will soon be their target market are almost all more computer savvy than the "more mature", lol trying not to say older, generations. A company that wants to prosper would do well to look to their reputation if they want to keep the younger generations business.
Last year I remember reading on a similar site that Wyndham had by far the highest number of then active lawsuits of any of the timeshare companies. If I remember correctly it was about double the number of the next closest timeshare company and about the same as the total of the others I saw listed.
I thought the same thing about market share and comparative "evilness" when I read the first post about active lawsuits .Anyone know what percentage of the timeshare market Wyndham has? 50% of the lawsuits isn't necessarily a bad thing for Wyndham if they have 50% of the market. Agree that the industry as a whole has an issue, just not sure whether Wyndham is any worse than the rest.
-Scott
I thought the same thing about market share and comparative "evilness" when I read the first post about active lawsuits .
So I consulted the most excellent TUG Timeshare System Comparison chart
https://tugbbs.com/forums/index.php...jor-point-system-timeshare-developers.256032/
Adding the Wyndham Vacation Ownership resorts of Club Wyndham (100+ units), WorldMark the Club (90+ units) and Shell Vacations (24 units) yields 214+ units. This is more than double the next highest system, Diamond with 96 units, and after that Marriott with 80 units.
Wyndham Vacation Ownership has about 900,000 owners; more than double of Marriott, that according to Wikipedia, has about 400,000 owners, so there is that coincidental data point.
Is there any timeshare developer that does not employ high pressure sales techniques to make a sale? This has been the timeshare sales model for the past 30 years at least.
"... Wyndham had by far the highest number of then active lawsuits of any of the timeshare companies. If I remember correctly it was about double the number of the next closest timeshare company ..."
should not imply that Wyndham is "twice as bad" as other timeshare systems, it is simply a reflection that Wyndham is "twice as large" as any other timeshare system.
I never said they were twice as bad or that other timeshare companies didn't do the same thing.
According the TUG Timeshare System ComparisonJust curious. Do you know where HGVC falls in comparison to Wyndham and Marriott? Not sure why but for some reason I thought HGVC was bigger than Marriott.
But it clearly implied that Wyndham was somehow different from other timeshare systems.
So, please explain exactly what you meant when you repeated what you read somewhere, "Last year I remember reading on a similar site that Wyndham had by far the highest number of then active lawsuits of any of the timeshare companies. If I remember correctly it was about double the number of the next closest timeshare company and about the same as the total of the others I saw listed.”
According the TUG Timeshare System Comparison
Wyndham = 214+ resorts
Marriott = 80 resorts
Hilton Grand Vacations = 64 resorts
I never said they were twice as bad or that other timeshare companies didn't do the same thing. And I don't follow the other timeshare system forums to be able to say whether they are just as bad or Wyndham is worse. However since Wyndham is as you pointed out clearly the leader in the timeshare industry it would set an example and raise the bar if they were to be the first to make changes. And do it before the courts force them. HitchHiker71 mentioned elder abuse and we've heard many tales of Wyndham sales presentations resulting in elderly owners being conned into additional sales for non existent reasons because the salesperson blatantly lied to them. As HitchHker71 pointed out the courts take a very dim view of elder abuse and the resulting lawsuits could change the industry. Btw as I mentioned one other time in a different thread the age for elder abuse is 60. Ouch that hurts. Lol.
Just curious. Do you know where HGVC falls in comparison to Wyndham and Marriott? Not sure why but for some reason I thought HGVC was bigger than Marriott.
You correctly said that this has been timeshare business model for the last 30 years at least. Timeshares have come a long ways over that time but they are still using the same old outdated business model. My first point was that the old guard needs to look at the changing dynamic and recognize that it is way past time for a new business model. My other point was that although some of the older generation are quite computer and internet search savvy, almost all of the younger generations are. It becomes increasingly harder to hide anything and a company that wants to stay number one would do well to look to their reputation.
And I will say it again because I believe it bears repeating. Wyndham does have a good product. However their sales tactics don't reflect that.