Original Message:
Wyndham's "Ovation" program... (by KC):
candiceb49 wrote:Wyndham did the responsible thing by giving folks a way out of what feels like an impossible trap. will other companies would follow their example?
Make no mistake --- Wyndham's "benevolence" is entirely self serving. They are essentially taking back (for free) that which they sold (for big bucks) in order to sell the product all over again to SOMEONE ELSE --- for big bucks once again. I'm very glad that you are happy with the personal outcome for you, but it's really a bit of a stretch to represent "Ovation" as "the responsible thing". This is a very shrewd business move on their part that will help fill their pockets quite nicely, thank you. It's hardly an act of "kindness" or "responsibility".
I wouldn't expect to see this as a "trend" with other chains, although Diamond is also accepting ownerships back (but for a $250 fee in their case).There are many ongoing lawsuits against DRI / Diamond, so in their their case accepting ownerships back might actually be more of a PR move than a profit-motivated decision, since precious few new people are actually buying into DRI anyhow.