Welk owner

[dannybaker]

We have watched our TPU value go down considerably in the last four years with RCI, of course maintenance fees increase. We have seen a thirty point decrease in points, what could be the reason?

 

[mjm1]

As a former Welk owner I can’t speak to how things are working in RCI. When we owned our Welk points they were part of II. I never cared for the way they deposited a week into II for us and while we got some decent trades I don’t think they were great trades.

I hope things work out ok for you.

Best regards.

Mike

 

[JohnPaul]

Has your resort lost Gold Crown status? Shut down an amenity? Gotten low scores from exchange guests? Are there a bunch of new resorts in your area making it an easier exchange?

These are the type of things that typically affect exchange value.

 

[dannybaker]

Nope, Welk has been a very consistent High Gold Crown, all amenities are and have been open. This is a very unique property and very much desired in San Diego. I honestly have no idea why the change in TPU. I have noticed other properties have also decreased in Value.

 

[bluehende]

I am curious has the same decrease been seen in trading into the resort?

 

[Passepartout]

Are you depositing- or checking TPU value at the same time relative to the use time. TPUs values do erode the closer to move-in time. Might be at least part of the explanation.

 

[dannybaker]

I always deposit my weeks at least twelve months in advance to ensure no loss of TPU. I actually trade into Welk and the Points to trade into the resort remain constant.

 

[krj9999]

I just noticed a downward TPU value on one of my undeposited 2019 weeks from 21 not too long ago to 17 today (and 2020 also shows as 17). It seems to me like RCI is dropping TPU values in most locations - with exceptions going the other way including Disney Orlando (that generally now drop in at 60) and HGVC Hawaii (even Bay Club are generally 50+ now).

I looked at Vegas today - even HGVC there I saw 2BR exchange available for April 2019 at just 14 TPU needed (granted there is the $25 daily fee now). Which seemed pretty inexpensive (on TPU basis). So guess I'm not totally surprised Welk weeks also may have dropped.

Not quite sure RCI's reasoning for the changes. It may help drive exchanges in the near term from banked TPUs, but isn't going to help drive future deposits from owners at the affected resorts. And will not be a positive for those already frustrated by recent changes at RCI (including increasing and new resort fees). I'm looking at renting more of my weeks instead of depositing.

I honestly have no idea why the change in TPU. I have noticed other properties have also decreased in Value.

 

[cspariah]

We're Welk owners as well and in the past it's been super easy for us to exchange into a 2BR in Orlando for trips to Disneyworld, this was through Interval. But we're trying to do the same through RCI and the points cost is double what we're getting for our exchange.

 

[WalnutBaron]

We're Welk owners as well and in the past it's been super easy for us to exchange into a 2BR in Orlando for trips to Disneyworld, this was through Interval. But we're trying to do the same through RCI and the points cost is double what we're getting for our exchange.

Even though it costs us an extra membership fee, we've kept our exchange privileges with II. I've just never been a fan of RCI for many reasons. I'm glad we've stuck with II, where we still get good exchange value on our Welk unit.

 

[cspariah]

Even though it costs us an extra membership fee, we've kept our exchange privileges with II. I've just never been a fan of RCI for many reasons. I'm glad we've stuck with II, where we still get good exchange value on our Welk unit.

Thanks for the reply -- yeah for this trip we're trying to book we gave up on RCI and are depositing with Interval, luckily we had upgraded to Interval Gold in the past and it's good through next August.

 

[breezez]

Besides raising fees RCI can reduce TPU for your exchanged week, just another quasi way to increase your cost and improve their revenue. As they slowly minimize their competition like DAE they can reduce trade values.

I have RCI Points from VV/GV. At least my annual points allotment and resort point costs have remained constant.