RCI Weeks to offer value transparency - Finally!

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

Are we to believe that this is the big week end for RCI's new program? If it is, it will be interesting to see if we will still think it may be better than the old program. Just in case I made a hard copy of all my confirmed exchanges. I also will make a hard copy of the exchanges available to me before the start of the new program.

Walt

That is an excellent precaution.

Since I have only been keeping one week with RCI at a time, when this storm cloud first appeared on the horizon, I got busy and found an exchange for it, and have not replaced it. So I have no weeks at risk. They are safely with SFX and DAE.

[Hostelling Senior Member Find all posts View Profile Close Hostelling]

Game Over?

The problem is that they are not likely to follow supply and demand rules.

If the rules were followed bulk deposits would show up as lower point value (over supply). I am betting this will not happen. I am thinking there will be mechanisms to make the point ratings more static.

End result will be no more "pink" reds pulling in a "red" red bulk week. No more strong red studio's pulling in a 2 bedroom from a bulk deposit.

[vinolover Senior Member Find all posts View Profile Close vinolover]

End result will be no more "pink" reds pulling in a "red" red bulk week. No more strong red studio's pulling in a 2 bedroom from a bulk deposit.

This is exactly what happened to me. I was able to book Hawaii bulk spacebanked weeks with my now pinkish red Colorado week. After the RCI switchover I can only see weeks in the 30 day window.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

That is hardly the only place they are not following supply and demand rules. There seem to be numerous instances where they overpoint weeks for developers still in sales. Other areas are dramatically underpointed, including much of Europe. Even Allen House in London, which sits at the top of the supply/demand heap.

Someone OY discovered that the resort with the biggest oversupply in the whole RCI system, Vacation Village at Parkway in overbuilt Orlando, is an extreme case of overpointing. For week 52 in 2011, they give 50 points lite for a deposit but only require 11 points lite to trade in. Those 50 points lite an owner receives (39 more than it is worth) will get them any 1BR week at Allen House with change back. Allen House is extremely difficult to trade into and almost never is seen online. There is oodles of VV@Parkway online, however.

All of this makes one remember that the owner of RCI, Cendant (now Wyndham) had a very serious accounting scandal a few years ago. The way they assign numbers in Points Lite seems to reflect the same principles of accounting.

The problem is that they are not likely to follow supply and demand rules.

If the rules were followed bulk deposits would show up as lower point value (over supply). I am betting this will not happen. I am thinking there will be mechanisms to make the point ratings more static.

End result will be no more "pink" reds pulling in a "red" red bulk week. No more strong red studio's pulling in a 2 bedroom from a bulk deposit.

[ellyka112 Junior Member Find all posts View Profile Close ellyka112]

That means my crap weeks can now be combinded to get something good, I like that since I only pay just over $300 mf I will now combine them and it will still cost me less than what value I am trading for.

But what if you have a good week that's undervalued? Since RCI is determining the value....ughhhh. I just about had a system worked out.

And let me ask this. Somehow I'm suspecting there will be a way to pay money for an "upgrade," and over time those upgrades will cost more and more and more, and pretty soon everything will be an upgrade, no matter what you deposit.

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[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

One of the people who had some inside knowledge on Points Lite before it was rolled out did indeed say there would be a component of being able to purchase extra points lite to get a better trade, but that it was uncertain if this would be implemented at the beginning or be a later ''enhancement''. I fully expect them to add that aspect as it creates another revenue stream for RCI, like the airlines selling extra ff miles, and RCI these days looks in the short term at new revenue streams, not the long term impact on the exchange system. They are going to outsmart themselves and kill the golden goose.

You are also right on the money about undervalued weeks. RCI has altered lots of trading power numbers in this changeover and there are both winners and losers. The best way to tell is look back at the even trades you got under the old system and see if they are even trades now. The resorts and resort areas that are losers ought to be beating down the door to II.

But what if you have a good week that's undervalued? Since RCI is determining the value....ughhhh. I just about had a system worked out.

And let me ask this. Somehow I'm suspecting there will be a way to pay money for an "upgrade," and over time those upgrades will cost more and more and more, and pretty soon everything will be an upgrade, no matter what you deposit.

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[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

They are going to outsmart themselves and kill the golden goose.

Are you using my terminology or am I using yours?