Wyndham Hotel Timeshares Groups Seperating

[ronparise]

Does the splitting of the divisions make any difference to us as owners? If it does how will this impact us? Or is this just a topic of interest as some of the Wyndham timeshare owners also own Wyndham stock? Nothing wrong with that btw.

No impact on owners except the speculation that Wyndham will use some unsold inventory to entice hotel guests to buy Timeshares

 

[Avislo]

Here is the assessment from a former stock broker and a person that knows a lot about timeshares. I do not know why his assessment changed (see post 16 above). Another person that knows a thing or two about Wyndham timeshares, in another thread, talked about a new feature. He then indicted that it went away. Time will tell what difference it makes to existing timeshare owners. As far as investors/owners are interested in this topic, judging from the number of views on this thread, I suspect it is of interest to more than just this group.

"Loyalty programs are marketing gimmicks designed to lock you in as a customer. And from what I understand Wyndham Hotel Group is really good at that. Now by making it possible for a regular hotel customer to redeem their loyalty points at a timeshare Wyndham will expose a whole new group of potential buyers to timeshares.

Bottom line, wyndhan will sell timeshares to their regular hotel guests and availability for reservations by the timeshare owners will be reduced". Quote from Ron Parise.

 

[Avislo]

Since the issue of owner/investor came up, The following showed up from nasdaq.com It appears the spin-off of the hotel group to shareholders for NASDAC purposes has been delayed.

https://www.nasdaq.com/symbol/wh.wi

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[ronparise]

Here is the assessment from a former stock broker and a person that knows a lot about timeshares. I do not know why his assessment changed (see post 16 above). Another person that knows a thing or two about Wyndham timeshares, in another thread, talked about a new feature. He then indicted that it went away. Time will tell what difference it makes to existing timeshare owners. As far as investors/owners are interested in this topic, judging from the number of views on this thread, I suspect it is of interest to more than just this group.

"Loyalty programs are marketing gimmicks designed to lock you in as a customer. And from what I understand Wyndham Hotel Group is really good at that. Now by making it possible for a regular hotel customer to redeem their loyalty points at a timeshare Wyndham will expose a whole new group of potential buyers to timeshares.

Bottom line, wyndhan will sell timeshares to their regular hotel guests and availability for reservations by the timeshare owners will be reduced". Quote from Ron Parise.

Yep I’ve said the same thing twice now

No effect on timeshare owners

 

[Avislo]

.
https://www.hotelmanagement.net/operate/wyndham-worldwide-prepares-for-spin-off-as-profits-fall

 

[Avislo]

Apparently, Wyndham Rewards (Blue Thread) joint marketing effort between Wyndham Hotels and Wyndham Destinations has caught up to Wyndham National Harbor, the gift for attending the meeting includes a free week vacation and 1,000 Wyndham Rewards Points. Interesting enough, the cable in the room has a short plug for Wyndham Hotels but not for Wyndham Destinations.

 

[schoolmarm]

The gift for attending MOST sales breakfast is 15K (or more) Wyndham Reward points and it has been for a while. I'm at National Harbor right now and the option was ONLY 10K Wyndham reward points OR free parking plus 1,000 reward points. Although I'm only here for two nights, I went for the parking. It went up to $20 per night.

 

[Avislo]

15 thousand Wyndham Rewards points must be a popular marketing offer. In addition to the above, a Wyndham Employee at National Harbor indicated they gave 15 thousand Wyndham Rewards points to employees.

It will be interesting to see what impact on Club Wyndham Plus availability will be with what appears to be a shifting from cash payment to Wyndham Rewards points.

 

[schoolmarm]

15K Reward points is what you need for 1 night in any Wyndham family hotel. Or per bedroom in a resort (if available). I think that my offer was lower because I am only staying 2 nights and I didn't push it. I was more interested in the parking. I have over 100,000 Wynham reward points sitting in my account waiting for when I go someplace expensive.

 

[Avislo]

Wyndham appoints new board members for the Hotel spin-off.

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=40333067

 

[Nomad34]

Eight board members makes me think of a member post last year "in order to have a viable change would mean more members than the five now required."

Wyndham appoints new board members for the Hotel spin-off.

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=40333067

 

[Avislo]

According to the following article, all programs and policies of what is becoming the former Wyndham Vacation Ownership will be reviewed. Look forward to seeing what this review will bring as June 1, 2018 comes and goes and on into the near term future.

"The short-term answer is pretty easy: nothing should change right away. Beyond that, all programs and policies will be reviewed by Michael Brown, the brand new CEO of Wyndham Vacation Ownership and former Hilton COO who helped engineer Hilton's recent spinoff from the parent company."

https://www.redweek.com/resources/ask-redweek/wyndham-spins-off-timeshare

 

[ronparise]

According to the following article, all programs and policies of what is becoming the former Wyndham Vacation Ownership will be reviewed. Look forward to seeing what this review will bring as June 1, 2018 comes and goes and on into the near term future.

"The short-term answer is pretty easy: nothing should change right away. Beyond that, all programs and policies will be reviewed by Michael Brown, the brand new CEO of Wyndham Vacation Ownership and former Hilton COO who helped engineer Hilton's recent spinoff from the parent company."

https://www.redweek.com/resources/ask-redweek/wyndham-spins-off-timeshare

It’s important to note that all policies of the club are reviewed all the time and have been since the the first Fairfield resort was opened. So as we have been saying here.

The spinoff has no impact on timeshare owners

 

[Avislo]

Whether or not all policies of the club are reviewed all the time is not the same as a new CEO trying to maximize shareholder value doing a personal review of them. One change I ran into today is that even though all but under 100,000 of my developer creditable points are Club Wyndham Plus, my early reservation rights are now limited to Club Wyndham Access Resorts. Not allowed this former right at non-club Access Resorts.

 

[ronparise]

Whether or not all policies of the club are reviewed all the time is not the same as a new CEO trying to maximize shareholder value doing a personal review of them. One change I ran into today is that even though all but under 100,000 of my developer creditable points are Club Wyndham Plus, my early reservation rights are now limited to Club Wyndham Access Resorts. Not allowed this former right at non-club Access Resorts.

The Franz Hanning was responsible for managing the the timeshare division so as to add shareholder value too

its sales that push shareholder value and its the sales practices that the new ceo will be looking at. Its the blue thread that he will be pulling selling timeshares to hotel customers. If ie makes that work he will earn his bonus.

 

[Avislo]

I do not doubt your observation that Wyndham Destinations will be pulling timeshares for the Hotel Group customers to try and get sales for them and for use related to the blue thread (I believe part of the new company).

 

[Avislo]

Interesting thread re: Per report on Owner Updates on possible upcoming changes related to the companies dividing. ARP and Services fees mentioned.

https://tugbbs.com/forums/index.php?threads/were-confused.274590/#post-2145505

 

[Avislo]

The two companies will speak at the following conference.

https://www.prnewswire.com/news-rel...taurant-and-leisure-conference-300656967.html

 

[chapjim]

Whether or not all policies of the club are reviewed all the time is not the same as a new CEO trying to maximize shareholder value doing a personal review of them. <snip>

That's what corporate executives are supposed to do -- maximize shareholder value. If they don't do that, they should get their a$$es fired.

 

[Avislo]

Wyndham Destinations speaks.

https://www.streetinsider.com/Corpo...f+Wyndham+Hotels+&+Resorts+(WH)/14260765.html

 

[Avislo]

http://www2.wyndhamdestinations.com...s-spin-wyndham-hotels-resorts-becomes-wyndham

Also, you may want to see the Windham Destinations announcement under the Whats Happening then News on the web site.

Here is the Wyndham Destinations web site.

http://www.wyndhamdestinations.com/wd/home.page

Interesting thread.

https://tugbbs.com/forums/index.php?threads/june-1-change-announced.274689/

 

[Avislo]

Web Resources:

Twitter: @WynDestinations

YouTube: @WyndhamDestinations

LinkedIn: @WyndhamDestinations

Google+: @WyndhamDestinations

Wyndham Hotels: https://www.wyndhamhotels.com/wyndham

 

[Avislo]

Apparently the rewards programs are remaining as different groups at least for awhile. They can get use through a 1 for 1 point exchange by going through some clicks to get this option to work. This came up about four hours ago.

http://www.omaha.com/money/consumer...cle_c24508d0-0cb9-50b2-9af8-4f956a8145b2.html

To take advantage of point transfer and status match, members of both

programs should first visit www.wyndhamrewards.com/LQ. Wyndham Rewards

Gold members may match to La Quinta Returns Gold status, while Wyndham

Rewards Platinum and Diamond members may match to La Quinta Returns

Elite status. Similarly, La Quinta Returns Gold and Military Rewards

Gold members may match to Wyndham Rewards Gold status, while La Quinta

Returns Elite and Military Rewards Elite members may match to Wyndham

Rewards Platinum status.

UPDATE: Tried to go through the process and could not get it to work for me. I am Wyndham Rewards Blue. Called Wyndham Rewards - Wyndham Rewards Blue is not eligible for this program. Bottom line appears to be a whole lot of La Quinta Rewards program members have access to Wyndham Club Plus/Access Resorts through Wyndham Rewards (aka Blue Tread) while I do not have a corresponding access to the La Quinta Rewards program.

 

[amycurl]

Written in response to the spinoff, but contains some great analysis overall of the fate of the timeshare business model. From the Orlando Sentinel:
http://www.orlandosentinel.com/busi...s-cfb-brinkmann-timeshare-20180604-story.html

 

[Avislo]

Thanks for the information.