Reviews on Resorts

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Original Message:

Re: Reviews on Resorts (by Mary D.):

ken1193 wrote:
adahiscout has asked, quoted in pertinent part: >> Don't understand what you mean by "hiding" deposits, Ken. Are you referring to the generic/invisible deposits? << =======================================

The lawsuit allegations against RCI contend (in relevant part) that RCI accepts prime weeks deposited by the owner(s) of said prime weeks, but then never makes them available (or even viewable) for exchange by the RCI membership. Instead, the allegations contend, RCI holds (personally, I like "HIDES" as being a more appropriately descriptive allegation) those prime weeks from view and/or exchange by any and all hopeful exchangers, with RCI choosing instead to just "hide" and then rent out those prime weeks directly to the public themselves, thereby ensuring a profit which is obviously much more money than a mere $169 exchange fee.

I'm not a party to this suit, but I've been following it closely, having both a legal background and a keen interest in RCI's downward plunge in quality, honesty and ethical practices (...that's just my own personal opinion) over about the past decade.

Right now in the lawsuit, there are matters pending regarding class certification, with both sides having specific filing deadlines, all of which actually end soon (within a few weeks from right now). Once class certification is resolved, the case either then moves forward (if certification is granted) or is thrown out and terminated (if class certification is denied by the court). I have no crystal ball -- and I know enough not to second guess the thought processes of sitting judges, but I am nonetheless very interested in these particular proceedings.

======== Time will tell with the law case. The only thing we can know for sure is that it will divert a lot of time and money from RCI's main job--which we all agree we'd like them to do really well.

I personally feel that the idea of "hidden prime weeks" is itself mythical. If they were ever there, they were eaten by the Early Deposit Birds. MD