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  • See my last Post on the Tug thread

    http://www.tugbbs.com/forums/showthr...979#post161979


    Quote:
    Originally Posted by Aldo
    Considering how BAD a deal the "exchange for cruise" thing really is compared to just buying a cruise, now RCI expects this member to actually believe that ALL 21 available Hawaii weeks in their system were actually exchanged for cruises????????

    No doubt the occasional person will be unwise enough to do the exchange for cruise option, but EVERYBODY???

    Come on.

    When someone is lying, I much prefer those lies to at least be plausible. Please.
    Otherwise, it's simply insulting.

    -------------------------------------------------------------------------

    Hi Aldo,

    In the Ask RCI question that I asked about how can over 80 units at the Maui Embassy show up as Rentals and NO units were showing up as Exchanges when Maui Embassy is only Bulk Spacebanking Owner Exchange Weeks for the Prime Months of March, April and May, this is Madge's answer.

    Madge did not deny the they were Owner's Spacebank Weeks. Madge did not even say some were Developer's Week. So when the Maui Embassy said they were Owner's Spacebank Weeks, logic would tell us they are only Owner's Spacebank Week.


    Madge Wrote:

    The units offered in Extra Vacations (or a vendor such as SnapTravel) may not always be the specific units that were deposited for non-exchange transactions. For example, the member who requests a cruise exchange may be using a deposited week that was long ago assigned to another RCI member. When this is the case, an equivalent unit is taken in place of that member's deposited unit. Equivalence here is based on our standard Trading Power guidelines.

    I Wrote:

    I was told by the Embassy Maui that the deposit below were owners weeks made with a Bulk Spacebanking. The were not used for Cruises or any other Points program. I have not had one Weeks owner tell me that they can see these weeks when doing an Exchange Search. I used a week for an Weeks Exchanged Search that had Maximum Trade Value as told to me by a VC. I saw nothing.

    In all due respect to you. I know that you are just the messenger. But please let RCI know that this is just not a believable answer.

    Please give me your take on what was told to me by the Embassy Maui. Your statement and the Embassy Maui's statement can not both be correct. What possible timeshare week does RCI have that is equal to a Embassy Maui week in March, April, and May? The other Hawaii Resorts weeks are also being rented and have not been placed in the Exchange Pool either. So what is equal to a Hawaiian week in March, April, and May?

    JerseyGirl Wrote:

    As an aside, I think II's policy of only allowing undeposited weeks to be exchanged toward cruises (where only those specific weeks are then released to rental inventory) is much less likely to lend itself to the same suspicions and allegations.

    Madge Wrote:

    The specific details of our reconciliation process are proprietary and I won't be able to share them. What you seem to be asking for is proof that what I'm saying is true. If I cannot share something, I will let you know that; however, the information I do share is true to the very best of my knowledge.

    I find this last sentence interesting.


    http://www.tugbbs.com/forums/showthr...highlight=Walt


    This is an part of an Email I received from the Maui Embassy

    they have also acknowledged that their exchange agreement with each owner states that they may use banked weeks for other purposes, including, marketing, staff resort site inspections and rental to name a few.

    I have also noted that you feel the practice of bulk banking to provide owners with better opportunities for exchanges doesn't seem to have the benefit that it once did. Owners are still struggling to get back into their home resort, ie, the Embassy Ka'anapali Beach Resort; yet they have seen rental opportunities on the internet for their own resort.

    -----------------------------------------------------------------------

    If you believe that RCI is Cherry Picking the best Resorts in Prime time instead of using the Mud Week that were used for RCI's Points Program, please do 3 things.

    1) Contract your Resort about this problem. My resorts did not know.
    2) Contact your HOA about this problem. My HOAs did not know.
    3) Contact RCI.

    Money talks and Rental money makes more than Exchange money. But at least let, RCI know we are not as Dumb and Gullible as they may think.

    If we (TUG) really wanted to get this message across to RCI someone, could start a thread in the Exchange Forum directed toward RCI that states something like this. Stop Cherry Picking the Prime Time Resorts in Prime Time for your Rental Program.

    Ask RCI to use the policy that JerseyGirl stated, of only allowing undeposited weeks to be exchanged toward cruises (where only those specific weeks are then released to rental inventory) is much less likely to lend itself to the same suspicions and allegations. In other words, the week used for the points programs is the one they rent.

    I will not start this thread because some see me as being Anti RCI. I am not. I have no problem with my past and present exchanges. But, I am not sure what will happen in the future. I think more and more RCI members are seeing that exchanges they once were able to get, are no longer available. I think the result would be better if someone else would start this thread.

    Walt

  • #2
    Over the last several weeks both the former Embassy Hawaii properties have had multiple listings on the last minute RCI sites......multiple 2BR units during March and April. I have posted a few and saw several last night. In fact for last minute one can always count on the former Embassy properties to be there in Hawaii and Tahoe (I usually only check the Pacific states). Even prime time skiing time in Tahoe is a regular.

    They must not be able to rent them on EV's or snap for higher prices so they go to last minute for $299......but hey $299 is more profitable to RCI than the $149 exchange fee.....but lo and behold now I will be called a conspiracy theorist.

    It is pretty obvious to me what is happening.
    "If a Nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be.... If we are to guard against ignorance and remain free, it is the responsibility of every American to be informed."
    -- Thomas Jefferson to Col. Yancey, 1816

    Comment


    • #3
      I think RCI should allow exchangers to exchange for anything that is available for rent. That would go a long way to solving this type of problem. And, I think they should only allow rentals less than 60-days out.

      It is a huge conflict of interest problem running an exchange company and renting to the general public.

      They should pick one business or the other and then stick with it.

      With all the lawsuits and growing consumer discontent, this ambiguous business model will have to clear itself up. I don't see it lasting.
      My Rental Site
      My Resale Site

      Comment


      • #4
        Originally posted by BocaBum99
        I think RCI should allow exchangers to exchange for anything that is available for rent. That would go a long way to solving this type of problem. And, I think they should only allow rentals less than 60-days out.

        I agree with this statement 100%
        Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms

        Comment


        • #5
          I also agree with the only qualifier being that the 60 day rule be enforced. That basically guarantees that no qualified trade goes unmatched but if it makes it to the 60 day window it can be a rental OR a trade. Fair to all.

          Comment


          • #6
            Originally posted by timeos2
            I also agree with the only qualifier being that the 60 day rule be enforced. That basically guarantees that no qualified trade goes unmatched but if it makes it to the 60 day window it can be a rental OR a trade. Fair to all.
            I believe the window is still 45 days, and that is the point at which it should be opened up to everyone for trade, NOT rented! The 45-day window is what creates value for both Weeks and Points off season weeks. Renting that inventory is a big threat to both systems.

            Comment


            • #7
              There used to be several windows, but availabilty within the time frames has decreased markedly-presumably because of the rental operations and point system.

              Comment


              • #8
                Originally posted by tennisWalt
                http://www.tugbbs.com/forums/showthr...979#post161979


                Quote:
                Originally Posted by Aldo
                Considering how BAD a deal the "exchange for cruise" thing really is compared to just buying a cruise, now RCI expects this member to actually believe that ALL 21 available Hawaii weeks in their system were actually exchanged for cruises????????

                No doubt the occasional person will be unwise enough to do the exchange for cruise option, but EVERYBODY???

                Come on.

                When someone is lying, I much prefer those lies to at least be plausible. Please.
                Otherwise, it's simply insulting.

                -------------------------------------------------------------------------

                Hi Aldo,

                In the Ask RCI question that I asked about how can over 80 units at the Maui Embassy show up as Rentals and NO units were showing up as Exchanges when Maui Embassy is only Bulk Spacebanking Owner Exchange Weeks for the Prime Months of March, April and May, this is Madge's answer.

                Madge did not deny the they were Owner's Spacebank Weeks. Madge did not even say some were Developer's Week. So when the Maui Embassy said they were Owner's Spacebank Weeks, logic would tell us they are only Owner's Spacebank Week.


                Madge Wrote:

                The units offered in Extra Vacations (or a vendor such as SnapTravel) may not always be the specific units that were deposited for non-exchange transactions. For example, the member who requests a cruise exchange may be using a deposited week that was long ago assigned to another RCI member. When this is the case, an equivalent unit is taken in place of that member's deposited unit. Equivalence here is based on our standard Trading Power guidelines.

                I Wrote:

                I was told by the Embassy Maui that the deposit below were owners weeks made with a Bulk Spacebanking. The were not used for Cruises or any other Points program. I have not had one Weeks owner tell me that they can see these weeks when doing an Exchange Search. I used a week for an Weeks Exchanged Search that had Maximum Trade Value as told to me by a VC. I saw nothing.

                In all due respect to you. I know that you are just the messenger. But please let RCI know that this is just not a believable answer.

                Please give me your take on what was told to me by the Embassy Maui. Your statement and the Embassy Maui's statement can not both be correct. What possible timeshare week does RCI have that is equal to a Embassy Maui week in March, April, and May? The other Hawaii Resorts weeks are also being rented and have not been placed in the Exchange Pool either. So what is equal to a Hawaiian week in March, April, and May?

                JerseyGirl Wrote:

                As an aside, I think II's policy of only allowing undeposited weeks to be exchanged toward cruises (where only those specific weeks are then released to rental inventory) is much less likely to lend itself to the same suspicions and allegations.

                Madge Wrote:

                The specific details of our reconciliation process are proprietary and I won't be able to share them. What you seem to be asking for is proof that what I'm saying is true. If I cannot share something, I will let you know that; however, the information I do share is true to the very best of my knowledge.

                I find this last sentence interesting.


                http://www.tugbbs.com/forums/showthr...highlight=Walt


                This is an part of an Email I received from the Maui Embassy

                they have also acknowledged that their exchange agreement with each owner states that they may use banked weeks for other purposes, including, marketing, staff resort site inspections and rental to name a few.

                I have also noted that you feel the practice of bulk banking to provide owners with better opportunities for exchanges doesn't seem to have the benefit that it once did. Owners are still struggling to get back into their home resort, ie, the Embassy Ka'anapali Beach Resort; yet they have seen rental opportunities on the internet for their own resort.

                -----------------------------------------------------------------------

                If you believe that RCI is Cherry Picking the best Resorts in Prime time instead of using the Mud Week that were used for RCI's Points Program, please do 3 things.

                1) Contract your Resort about this problem. My resorts did not know.
                2) Contact your HOA about this problem. My HOAs did not know.
                3) Contact RCI.

                Money talks and Rental money makes more than Exchange money. But at least let, RCI know we are not as Dumb and Gullible as they may think.

                If we (TUG) really wanted to get this message across to RCI someone, could start a thread in the Exchange Forum directed toward RCI that states something like this. Stop Cherry Picking the Prime Time Resorts in Prime Time for your Rental Program.

                Ask RCI to use the policy that JerseyGirl stated, of only allowing undeposited weeks to be exchanged toward cruises (where only those specific weeks are then released to rental inventory) is much less likely to lend itself to the same suspicions and allegations. In other words, the week used for the points programs is the one they rent.

                I will not start this thread because some see me as being Anti RCI. I am not. I have no problem with my past and present exchanges. But, I am not sure what will happen in the future. I think more and more RCI members are seeing that exchanges they once were able to get, are no longer available. I think the result would be better if someone else would start this thread.

                Walt

                Right on Walt!! "RCI gets the best, we the rest", this just does'nt work anymore! I hope the class action lawyers are taking notes! Ben

                Comment


                • #9
                  Originally posted by BocaBum99
                  It is a huge conflict of interest problem running an exchange company and renting to the general public.

                  They should pick one business or the other and then stick with it.
                  .
                  This says it all........
                  Pat
                  *** My Website ***

                  Comment


                  • #10
                    Cendant-owned RCI is more about profit than customer service.

                    How long has it been since RCI treated you better than a stranger? Membership means nothing to them. Anyone with cash can have a cheap week well ahead of our getting a shot at it.

                    It would be nice if they picked a side, but indications are, they already did.

                    Comment


                    • #11
                      I think someone who we both know and admitt that he has a lot of TRUE GRIT has saying that about the RCI rentals for a few years now and has taken a tremendous amount of verbal pounding for it.

                      A lot of us are not tough as Steve but many admire his stick to it ness,even those who used to be almost 100% against of what he posted regarding his concerns.

                      Some of those concerns involved RCI rentals and how RCI may be using to use RCI Points to justify the shrinking availabilty of seemingly not getting comparable quaility trades on exchanges.

                      Buying were you want to go has become even more valid today than just a couple of years ago.

                      Bruce

                      Originally posted by BocaBum99
                      I think RCI should allow exchangers to exchange for anything that is available for rent. That would go a long way to solving this type of problem. And, I think they should only allow rentals less than 60-days out.

                      It is a huge conflict of interest problem running an exchange company and renting to the general public.

                      They should pick one business or the other and then stick with it.

                      With all the lawsuits and growing consumer discontent, this ambiguous business model will have to clear itself up. I don't see it lasting.
                      The Rushes Door Co., wk 35. Desert Club Las Vegas RCI Pts. 1 UDI Cottage CMV UDI's & 7 Oak Timbers CMV UDI's with 30,000 Bluegreen Pts. 3 World Wide Vacation Club Lind Mar Puerto Vallarta. Fox Hills RCI Pts More of our Timeshare Ownerships.

                      Comment


                      • #12
                        Originally posted by brucecz
                        I think someone who we both know and admitt that he has a lot of TRUE GRIT has saying that about the RCI rentals for a few years now and has taken a tremendous amount of verbal pounding for it.

                        A lot of us are not tough as Steve but many admire his stick to it ness,even those who used to be almost 100% against of what he posted regarding his concerns.

                        Some of those concerns involved RCI rentals and how RCI may be using to use RCI Points to justify the shrinking availabilty of seemingly not getting comparable quaility trades on exchanges.

                        Buying were you want to go has become even more valid today than just a couple of years ago.

                        Bruce
                        I've said many times that I believe a lot of what Carolinian says is true.

                        Where we differ is in other aspects of timesharing that get intertwined with this topic.

                        For instance, I think Point systems are in general good. I believe the crossover grid issue is a red herring because through my direct experience, trade ups in weeks systems are far superior than the broad averaging in the point systems. He advocates the complete removal of all mini-point systems from weeks exchange companies. I believe that is a huge mistake.

                        We don't agree that blue weeks should get exclusive trade up rights to anything in the 45-day from check in period. I believe there is a way to rent to the general public and I state the proposed method above.

                        And, I didn't say that RCI should not be a rental company. I said it shouldn't be both an exchange company and a rental company at the same time. I would be okay, for instance, if RCI changed completely over to a rental company model where they pay depositers upfront for their weeks. This is what Katiemack suggested in another thread. Then, it would really be RCI's week and they could legitimately do whatever they want with it. In that model, they could rent their weeks to anyone at anytime. They could offer rentals to depositers and they could do it in a tax free way.

                        I do agree with Carolinian that RCI's true intent is to become Rental Condominiums International. I am fine with that mission as long as they quit pretending that they are a weeks exchange company.

                        RCI can choose to do whatever it wants. I will watch their actions carefully and manage my timesharing portfolio to optimize to the rules they put out. If it continues to work for me, I'll keep depositing. When it no longer does, I won't.
                        My Rental Site
                        My Resale Site

                        Comment


                        • #13
                          Boca - You have stated that your crossover trades were into pink weeks, which explains why they were of poor value.

                          Overaveraging in the crossover grids undervalues the prime time periods and locatiions, and overvalues the lesser locations and/or time periods. Since most people are after the prime locations and times, it shortchanges Weeks by undervaluing the prime Weeks inventory to Points members. It tends to dsicourage Points members from going after the lesser time periods by overvaluing those, as you found by trading into that type of inventory.

                          And a 45-day window trade is NOT really a trade up. Last minute inventory is distressed inventory with limited shelf life, and therefore of lower market value. A last minute deposit gets very reduced trading power, so it is only common sense that last minute exchange inventory would also have very reduced trading power.

                          Comment


                          • #14
                            Poipu Point Vacation Resort



                            Please select an available unit:

                            Unit Type Dates Maximum Occupancy Private Occupancy Kitchen Weekly Price

                            --------------------------------------------------------------------------------

                            2 Bedroom 05/11/2006-05/18/2006 06 06 Full $ 299.00
                            2 Bedroom 05/13/2006-05/20/2006 06 06 Full $ 299.00
                            2 Bedroom 05/15/2006-05/22/2006 06 06 Full $ 299.00



                            Originally posted by 4ARedOctober
                            Over the last several weeks both the former Embassy Hawaii properties have had multiple listings on the last minute RCI sites......multiple 2BR units during March and April. I have posted a few and saw several last night. In fact for last minute one can always count on the former Embassy properties to be there in Hawaii and Tahoe (I usually only check the Pacific states). Even prime time skiing time in Tahoe is a regular.

                            They must not be able to rent them on EV's or snap for higher prices so they go to last minute for $299......but hey $299 is more profitable to RCI than the $149 exchange fee.....but lo and behold now I will be called a conspiracy theorist.

                            It is pretty obvious to me what is happening.
                            "If a Nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be.... If we are to guard against ignorance and remain free, it is the responsibility of every American to be informed."
                            -- Thomas Jefferson to Col. Yancey, 1816

                            Comment


                            • #15
                              Going back to Walt's OP, where he is suggesting that we contact our resorts about these problems, as I have said before, I did, our HOA members and the resort Management company. Some time ago.

                              They don't care. It was fine for them for their RCI rep to vilify and discredit me for the lies I was telling.

                              I notified them of the recent classactions for the same things, and no one replied.
                              RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

                              Comment

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