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2011 "Program Fee" Assessment Increase on Biennial Contracts

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  • 2011 "Program Fee" Assessment Increase on Biennial Contracts

    All of you who own Biennial Contracts should have noticed a 100% increase in your "program fee" as that fee applies to your particular Biennial Contracts.

    DO NOT IGNORE the increase in 2011 no matter how little the change may affect your overall monthly or annual bill. A focused effort is needed by each of you if we are to have any hope of changing the recent INCREASE!

    We cannot afford to let WYNDHAM get by with this arbitrary and unfair increase which applies only to Biennial owners.

    As an owner of a Biennial Contract, you were probably notified by Deanne Gabel, the Club Wyndham Plus Plan Manager that the Board of Directors of the FairShare Vacation Owners Association has simply modified your Program Fee to address services provided to you EVERY YEAR. But they have literally doubled the Program Fee and they will no doubt apply the increased fee every year going forward. You are now obligated to pay twice the amount that you were required to pay in the past.

    You may have been told by the Wyndham Finance Department that you have been paying a "discounted fee" over the years or that you have not been paying your fair share for the services that the "program fee" is meant to cover for all Members. That reasoning, in my humble opinion, is flawed. We who own BIENNIAL Contracts should be billed no more or less than MEMBERS who own ANNUAL CONTRACTS.

    Within the Club Wyndham Plus Member’s Directory 2009-2010 at page 391, it is clear that Members with Biennial Ownership (even though they “…receive an allotment of points every other year…”) have their assessment divided in half “…and billed every year…so that the payment amount is conveniently spread over two years.”

    Whatever you own, be it a Biennial Contract or an Annual Contract, you should be charged your pro-rata "program fee" based on the actual percentage of your UDI. That means that for a contract that says 105,000 points annually or for a contract that says 105,000 points distributed as 205,000 points every other year you should be paying the same "program fee" EVERY YEAR.

    An owner of a 105,000 point UDI (Annual) contract which provides a "Contract Point Value" of 105,000 every year should be charged a program fee determined by the "contract point value" which is 105,000 points.

    Meanwhile, an owner of a 105,000 point EOY contract that provides a "Contract Value" of 210,000 points every other year should be charged exactly one half of the "Contract Point Value" every year because the Member is getting the benefit of the same services as the Member who owns the 105,000 Annual UDI contract.

    When contacting the Finance Department about this unfair increase it has been reported that the reason for the change is as follows:

    The owner of the Biennial Contract has been getting a "discounted rate" and has been benefitting from the services provided every day of every year and should be paying the "program fee" for the 210,000 points (Contract Value) EVERY YEAR.

    I submit to you that if you own a Biennial Contract you are NOW being charged an unfair, inequitable and improperly pro-rated share of the "program fee."

    No Member of the FairShare Vacation Owners Association should be paying more than their pro-rata share of the "program fee."

    Article X, Section 10.02(a) of the Wyndham Vacation Resorts Club Wyndham Plus Trust Agreement states:

    10.02 Program Fee.

    (a) Amount. The amount of the Program Fee shall be determined by the Trustee as needed to cover the cost of the operation and administration of the Plan ….. The Trustee may establish varying fees among Members provided there is a reasonable basis for such a fee structure. The Program Fee shall be determined prior to January 1 of each year in connection with the budget process for the plan.

    Article X, Section 10.06 (a) of the Wyndham Vacation Resorts Club Wyndham Plus Trust Agreement states:

    10.06 Special Assessments.

    (a) Program Fees. The determination of the amount of the Program Fee will be based upon the best available information at the time of preparation of the budget for the Plan. Members will be required to pay or reimburse the Trustee in the event that for any year the total amount of Program Fees due from all Members is not sufficient to pay all expenses of administration and operation of the Plan….for that year. Adjustments, if any, to cover such shortfalls will be allocated among Members in an equitable fashion as determined by the Board of Directors of the Trustee in its sole discretion.

    If you are a Member who has a Biennial Ownership consider contacting Wyndham’s Financial Services Department and/or Deanne Gabel, Club Wyndham Plus Plan Manager to lobby for equitable treatment.

    Individuals that you can contact to protest your Bill in writing include the following:

    Board of Directors
    Club Wyndham Plus Vacation Owners Association
    Attn: President
    11001 Executive Center Drive
    Little Rock, Arkansas 72211

    Deanne Gabel
    Senior Vice-President
    Club Wyndham Plus Plan Manager
    Wyndham Vacation Resorts
    8427 SouthPark Circle
    Orlando, FL 32819

    Clarise Shadid
    Senior Vice-President
    Account Control and Administration
    10750 West Charleston Blvd.
    Las Vegas, NV 89135

    Allyssa Neely
    Financial Services Manager
    10750 West Charleston Blvd.
    Las Vegas, NV 89135

    Dave

  • #2
    Correction:

    Clarice Shadid
    Senior Vice-President
    Account Control and Administration
    10750 West Charleston Blvd.
    Las Vegas, NV 89135

    Comment


    • #3
      Thank you for taking the time to post here ...... just another 'enhancement' by Wyndham
      Pat
      *** My Website ***

      Comment


      • #4
        I would think they overlook the problem, and did not think it through when they re-write their program that calculate the club due.

        But hard to say, since they never really discuss this issue before hand, and only show it when they did their end of year statement. At this moment, I don't know if the corp will just try to pretend they did a good thinking through, and stick it to owner, or will they willing to sit down, look at argument from owners and if they think it make sense, they fix the problem. I suspect it will be the stick it to owner situation from reading some of the response.

        I did send them an eMail ask about it and going back and forth with their customer respresentive, since I also own 2 EOY contracts. Will see. I also like them to provide me more detail on how this was determined.

        Jya-Ning
        Jya-Ning

        Comment


        • #5
          Originally posted by Jya-Ning
          I would think they overlook the problem, and did not think it through when they re-write their program that calculate the club due.

          But hard to say, since they never really discuss this issue before hand, and only show it when they did their end of year statement. At this moment, I don't know if the corp will just try to pretend they did a good thinking through, and stick it to owner, or will they willing to sit down, look at argument from owners and if they think it make sense, they fix the problem. I suspect it will be the stick it to owner situation from reading some of the response.

          I did send them an eMail ask about it and going back and forth with their customer respresentive, since I also own 2 EOY contracts. Will see. I also like them to provide me more detail on how this was determined.

          Jya-Ning
          I too am communicating with Financial Services like Jya-Ning. I have pointed out that the program fee is being calculated on points that I do not own with an EOY contract.
          Mike H
          Wyndham Fairshare Plus Owners, Be cool and join the Wyndham/FairfieldHOA forum!

          Comment


          • #6
            Has anyone had any success in getting a straight answer, or a correction of charges?

            Comment


            • #7
              not me.

              Jya-Ning
              Jya-Ning

              Comment


              • #8
                Originally posted by MargeS
                Has anyone had any success in getting a straight answer, or a correction of charges?
                They (Wyndham) say it is not a mistake to be corrected now but the past way was a mistake they have now corrected! And there is little or nothing an owner can do as they hold ALL the cards.

                Comment


                • #9
                  I was afraid of that.... the extra charge to me is about $200 annually.

                  I guess I will have to attend 2 "owner updates" annually and let them know I am there to recoup the unfair charges. the past two, I only wanted to discuss the wonderful RCI changes, and kept directing the conversation back to that no matter what they said. As it was an "update" I simply wanted answers..

                  Comment


                  • #10
                    I'm not feelin' the LOVE, are you????
                    Pat
                    *** My Website ***

                    Comment


                    • #11
                      no, no love at all......

                      Comment


                      • #12
                        oh wait, maybe love for my wallet and good credit score.....

                        Comment

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