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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]

For the disoriented or reading-challenged:

Subscribers

2004 2,754,704
2007 2,692,080
2008 2,670,737
2009 2,525,611
2010 2,352,105


Exchanges

2004 2,112,006
2007 1,735,993
2008 1,526,995
2009 1,351,693
2010 1,211,892

To pre-answer the obvious, I tried to pick enough years to lessen the effect of switching to Points. The number of subscribers not reducing all that much suggest that is the case.

Carolinian's Chicken Little warnings of what (?), 10 years ago, that Weeks would be raped (or something close to that), appears to bear out.

It's interesting that the number of exchanges has fallen more dramatically than the number of subscribers, 43% v. 15%.

The number of exchanges per subscriber went from .77 to .52.

The value of the lost/reduced exchanges at today's exchange fee is over $170,000,000!

Anyone can conclude what anyone wants to conclude, and, for me, that is that those who have been saying that RCI has not been making subscriber-friendly decisions are not alone.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

The number of exchanges per subscriber went from .77 to .52.

This is the interesting number to me...this year i will be making 3 exchanges with 2 deposits...It would be interesting to see if those that only exchange every other year also only deposit every other year, saving up two years deposits for one years exchange...or if they only deposit when they exchange...and how much these numbers have gone up since the changes to the RCI Weeks System, possibly back to the 2004 numbers

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

I realize that these figures will be suspect unless I find the corresponding Points figures.

I'll work on that when we get back from the beach.

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

wow - the number of exchanges dropped almost in half from 2004 to 2010. those are scary numbers for a business and represent almost $100M in lost exchange fees and another $60M in lost membership fees. that's a lot of dough!

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

The numbers provide evidence of decreases in RCI's business, but the reason why is unknown. We can only speculate that there are a lot of people who dropped out and stopped exchanging for economic reasons, but there may be other factors such as displeasure with RCI (that would be me) and using alternate exchange companies as another. I had a lot of historical numbers, but they went out with a recent paperwork reduction campaign. It would be interesting to compare numbers with II's- tho the points system may make that difficult. It would also be nice to see how the little guys are doing.

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

wow - the number of exchanges dropped almost in half from 2004 to 2010. those are scary numbers for a business and represent almost $100M in lost exchange fees and another $60M in lost membership fees. that's a lot of dough!

$100 Million or $170 Million (post above), but who's keeping track?

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

I realize that these figures will be suspect unless I find the corresponding Points figures.

I'll work on that when we get back from the beach.

Lets keep it real....these numbers don't include almost half of their business, the points side

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

COMBINED STATEMENT OF KEY OPERATING STATISTICS
FoR THE Rci poiNTSt EXcHANGE pRocRAM
AS OF AND FOR THE YEAR ENDED DECEMBER 31 2004

Resorts 727
Members 523,517
Deposits 358,462
Exchanges 496,391
- - - - - -
COMBINED STATEMENT OF KEY OPERATING STATISTICS
FoR THE Rci poiNTSt EXcHANGE pRocRAM
AS OF AND FOR THE YEAR ENDED DECEMBER 31 2010

Number of timeshare properties, accommodations, or other facilities
eligible to participate in the Program
Resorts with current affiliation agreements 1,090

Number of fully paid members as of year end 1,481,790

Number of exchanges for which the Company has an obligation as to this
Program as of year end to provide in a subsequent period to a member
who has RCI POINTS@ that can be used in a subsequent year 815,788

Number of exchanges confirmed during the year 759,009

Exchange requests fulfilled as a percentage of properly submitted
exchange requests, including exchange alternatives that were offered
by the Company as to this Program and subsequently accepted
by members 82.7
- - - - - -

Well, someone better than me can find the ones in between, but I've got beginning and end.
- - - - - -

RCI Points

Subscribers

2004 523,517
2010 1,481,790


Exchanges

2004 496,391
2010 759,009

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

Combined Totals

2004

Subscribers 3,278,221
Exchanges 2,608,397
Exchanges per subscriber: .795


2010

Subscribers 3,833,895
Exchanges 1,970,901
Exchanges per subscriber: .514 (1/2 of the subscribers don't do an exchange)

Net decrease in exchanges: 637,496 valued in today's dollars at approx. $125,000,000.

From post #10: 1999: 2.7 million exchanges



Your mileage may vary.

[catwgirl Contributor - Bronze Find all posts View Profile Close catwgirl]

My first exchange with RCI (back in 1993 I think) cost me a $79 exchange fee (or maybe $75).

So although the number of exchanges is down, I doubt that the revenue is down correspondingly based on the higher fees. Add in the new fee to combine points lite and deposit credits on the weeks side, and the ever increasing membership fees, and it still seems like quite the revenue stream to me ...

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

Seems like I remember $49.

Although I am accustomed to a bit of nitpicking , please note my terminology:

Your mileage may vary.

. . . valued in today's dollars

But, yes, the idea is to make more doing less, isn't it?

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

12-06-2010, 09:35 AM
JLB
Times banned from Tug 4
TS4MS Master - 3000+ Posts! Join Date: Jun 2005
Posts: 10,067
TS4MS Points: 299,890 [Check]
Infractions: 1/0 (0)

RCI, LLC Operating Statistics

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

Summary of WYNDHAM WORLDWIDE CORP - Yahoo! Finance


Average Number of Members: 2008: 3,670,000 2009: 3,782,000
Ann. Dues & Exchange Revenue per Member: 2008: $128.37 2009: $120.22
Vacation Rental Transactions: 2008: 1,347,000 2009: 1,356,000
Average Net Price per rental: 2008: $463.10 2009: $423.04
- - - - - -
Number of exchanges 2009: 2,083,280
- - - - - -
Doing the math, 2009:
Income from Dues and Exchanges: $454,672,040
Income from Rentals: $573,642,240
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