Marriott buys Interval Int'l. (ILG)

[Mark @SFX Industry Representative Find all posts View Profile Close Mark @SFX]

Here we go... more industry consolidation.

https://www.bloomberg.com/news/artic...ut-4-7-billion

Thanks,
Mark @SFX
Member Communications

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

It seems it would be a good business for new exchange companies. After all how hard would it be to make a profit if you charge an annual membership fee and a $ 200 fee per exchange.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

I don't know if this is good or bad, I think bad for ex changers,

[Mark @SFX Industry Representative Find all posts View Profile Close Mark @SFX]

It seems it would be a good business for new exchange companies. After all how hard would it be to make a profit if you charge an annual membership fee and a $ 200 fee per exchange.

Tony...how hard would it be?? There isn't enough space in this forum to explain how hard it would be! People do not realize how high the cost is to operate an exchange company!


Thanks,
Mark @SFX
Member Communications

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

The 2 big exchange companies have a lot of overpaid executives that make things more expensive, plus they make things more complicated than they need to be.

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

It seems it would be a good business for new exchange companies. After all how hard would it be to make a profit if you charge an annual membership fee and a $ 200 fee per exchange.

Unless you can procure a lot of decent upfront inventory in your exchange system, people are not going to want to sign up and pay a membership fee unless they know what is available.

RCI and II get developer inventory from various companies annually to seed their exchange and rentals. They also have agreements for bulk deposits of owner inventory bases on what the developer anticipates owners to deposit at many resorts. They also have the sales and HOA's directing owners toward the big 2. An unknown, not so much.

[Mark @SFX Industry Representative Find all posts View Profile Close Mark @SFX]

The 2 big exchange companies have a lot of overpaid executives that make things more expensive, plus they make things more complicated than they need to be.

Isn't that a description of every large company?

Mark @SFX
Member Communications