Sorry to hear it Smuggs... Wyndham is setting up shop at your resort!

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

At Smugglers’ Notch, timeshares are a changin’ | The Burlington Free Press | Burlington, Vermont

****

Beginning in June, Smugglers’ Notch is planning to transform the way it handles its condominium timeshare business.

Scott Tobin, director of vacation ownership, explained that in the past, Smugglers’ Notch sold deeded property where a person would own a specific condo for a specific period of time during the year. Under a new agreement finalized with Wyndham Vacation Ownership in January, people will now buy points for vacation ownership in the Wyndham network of resorts, including Smugglers’ Notch. That allows people to stay wherever they want, for whatever period of time their points are good.

Tobin said last week that of Smugglers’ Notch’s 300 timeshare condos, the equivalent of 40 condos are going into the Wyndham program.

“The inventory set aside for the program will be registered into a trust,” Tobin said. “You’ll be buying an interest in that trust and you’ll receive points to travel anywhere in the Wyndham exchange network, including obviously, coming back to Smugglers’ Notch.”

*****

Wonder how many units will be showing up for rent on Endless Vacations?

[Glitter Brunello Super Moderator Find all posts View Profile Close Glitter Brunello]

I guess that the logical next step after going to RCI Points?

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

and people will have just as much luck getting into Smuggs as getting into Newport RI during summer months.

I do admit that I was not up at 8AM eastern at exactly 10 months out looking but to not have so much as a closet available in 5 different properties from June thru Sept is unsettling to say the least.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

and people will have just as much luck getting into Smuggs as getting into Newport RI during summer months.

I do admit that I was not up at 8AM eastern at exactly 10 months out looking but to not have so much as a closet available in 5 different properties from June thru Sept is unsettling to say the least.

ARP must REALLY be in effect and used at those resorts - Lawren, could u look at the post on the Wyndham Board asking about availability at Oceanside and whether the OP needs to be deeded there to get a summer week at 13 months - you would have more experience then most about that availability.

I will post a link....brb

http://www.timeshareforums.com/forum...85-points.html
and
http://www.timeshareforums.com/forum...16023-eoy.html

[3kids4me Super Moderator and Super Mom Find all posts View Profile Close 3kids4me]

[url=http://www.burlingtonfreepress.com/article/20110307/BUSINESS03/110305008/At-Smugglers-Notch-timeshares-are-a-changin]

Tobin said last week that of Smugglers’ Notch’s 300 timeshare condos, the equivalent of 40 condos are going into the Wyndham program.

*****

It's such a small portion of the condos, which I find interesting. I'm wondering if that is all the unsold inventory at Smuggs?

I wonder how easy or hard it will be to get in with Wyndham points, as opposed to RCI points, as opposed to RCI weeks. Right now, it's fairly easy to get in with RCI points if you are an owner because you are allowed to book 12 months out as opposed to 10 months for the rest of the world. I have no idea how the Wyndham system works and whether they would have access to that same inventory that RCI points owners can fairly easily access right now. Also, I wonder if people who buy Wyndham points will get the benefits (camps, etc).

I'm very glad I have a deeded week, although I do know people that would like to get out of their weeks and can't sell (usually because they are asking too much because they paid a lot).

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

*****

It's such a small portion of the condos, which I find interesting. I'm wondering if that is all the unsold inventory at Smuggs?

I wonder how easy or hard it will be to get in with Wyndham points, as opposed to RCI points, as opposed to RCI weeks. Right now, it's fairly easy to get in with RCI points if you are an owner because you are allowed to book 12 months out as opposed to 10 months for the rest of the world. I have no idea how the Wyndham system works and whether they would have access to that same inventory that RCI points owners can fairly easily access right now. Also, I wonder if people who buy Wyndham points will get the benefits (camps, etc).

I'm very glad I have a deeded week, although I do know people that would like to get out of their weeks and can't sell (usually because they are asking too much because they paid a lot).

Is there really only 300 total timeshare condos at Smuggs?
40X50 weeks = 2,000 7 day intervals - Wyndham owners can reserve 2+ days at a time.

The question is are they 40 separate condos for all 50 weeks or is it the equivalent of 40 7 day intervals X 50 weeks.
Will most of Wyndham's inventory be deeded in April/May, October/November?
In the latter case, there will be availability only during those time.

If it is the first example of 40 actual units all year long, there will be great availability.

If summer weeks are given 300,000 Wyn Pt's and I buy that many deeded here, I can reserve at 13 months into one of those 40 units, if I purchase 200,000 Wyn points deeded here, I will not have enough points to get that week at 13 months - but could reserve 5 days instead.....

And I bet the camp packages will be sold directly to the new Wyndham owners by Smuggs for a nice premium

edit - what I am trying to say is that the three groups of inventory will be totally separate.

1. Week owners will use there weeks as is and exchange week to week in RCI (TPUs)
2. RCI Point owners will use their deeded week, trade weeks for RCI points and exchange thru the RCI Points portal(with 12 month home group priority/aren't u proud of me Chris!)
3. Wyndham owners will only have access to Wyndham owned inventory.....Wyn owners deeded at Smuggs at 13 months - me and Chris and mshatty and shaggy and Jya-Ning and bnoble - at 10 months.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

*****

I'm very glad I have a deeded week, although I do know people that would like to get out of their weeks and can't sell (usually because they are asking too much because they paid a lot).

In the same way they got people to purchase RCI points, they will offer to convert owners for a fee - I think it is $2395 - to Wyndham Points - and they might do it at a discount. When Wyndham became the management company at BlueBeards BeachClub, the conversion fee was $995 for about 6 months.

At BBC, we have fixed week, fixed unit owners, all wk 52 units are fixed (original developer).
Float week 1-17, 18-51 owners (another owner)
And people who converted their deeded weeks into Wyndham Points.

[regatta333 Member Find all posts View Profile Close regatta333]

and people will have just as much luck getting into Smuggs as getting into Newport RI during summer months.

I do admit that I was not up at 8AM eastern at exactly 10 months out looking but to not have so much as a closet available in 5 different properties from June thru Sept is unsettling to say the least.

The online reservation system is now available beginning at 7 eastern, so you need to start an hour earlier if you are going to be able to book the hard-to-get places.

[3kids4me Super Moderator and Super Mom Find all posts View Profile Close 3kids4me]

In the same way they got people to purchase RCI points, they will offer to convert owners for a fee - I think it is $2395 - to Wyndham Points - and they might do it at a discount. When Wyndham became the management company at BlueBeards BeachClub, the conversion fee was $995 for about 6 months.

At BBC, we have fixed week, fixed unit owners, all wk 52 units are fixed (original developer).
Float week 1-17, 18-51 owners (another owner)
And people who converted their deeded weeks into Wyndham Points.

Yes (I think they are already offering that conversion), but it sounds like Wyndham owners won't have a deeded week, so I wonder what will happen if a person with a deeded week decides to convert to Wyndham points? A lot of people bought a specific unit/building that they like.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

Yes (I think they are already offering that conversion), but it sounds like Wyndham owners won't have a deeded week, so I wonder what will happen if a person with a deeded week decides to convert to Wyndham points? A lot of people bought a specific unit/building that they like.

I know too much about toooo many things so I can NOT remember if with Wyndham you CAN reserve your underlying deeded week.

Now the Trust People might not have a deeded week....hmmmmm

But the people - like you - that have opted in/converted their ownership into the points program probably will retain that right....unless with Wyn like Diamond - all deeds go into the Trust.

With BlueGreen Points, you can reserve your underlying deeded week IF you own a whole 7 day interval - there are people who own 7,000 points that does not represent a full week at their resort. you MUST do this between 12 months and 11 months, 2-3 days before check-in.
If not done by 11 months, it can be reserved by anyone using points.

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

Re RI: most of those resorts were sold as straight weeks first. RI being what it is, naturally the summer weeks sold quickly. They reverted to point-based deeds to move the offseason dogs.

I suspect the same thing will happen at Smuggs---the Wyndham inventory will be mostly the spring and fall offseasons, not the summer activity or winter ski periods, which are probably mostly sold off.

Re underlying week in Wyndham: Yes, if you own a converted fixed week, you can ARP your specific week. If you own a converted floating week, you can ARP a week in your purchased season. If you own UDI, you can ARP any time for which you have sufficient points.

However, if the purchase is in Club Wyndham Access (Wyn's trust-like thing) there is no specific underlying deeded property; you just own part of a trust controlled by Wyndham. Existing owners would not be in that boat, but new owners might be.