Original Message:
Wyndham's new "Ovation" program offers exit solutions for their owners... interested? (by KC):
susanr940 wrote:Just called Wyndham to check on the "Ovation" program, which I learned about on Redweek's site. I can terminate my contract with a signature and a notary. Nothing given or offered from Wyndham. Which tells me after ten years, I am just another bottom feeder enaged in paying endless, ever raising maintenance fees to Wyndham.That is ok. I will take every opportunity to let the world know .....
Thanks for the voice
Wyndham's Ovation program has actually been in effect since around December, 2015, although Wyndham has never gone out of its' way to actually publicize the program.
On one hand, it certainly must sting to give back (for free, receiving nothing in return) something that you paid good money for when you purchased the "product". On the other hand, there really aren't too many timeshares and / or timeshare companies that offer such an easy way "out" of that contractual obligation, at no additional out of pocket cost. Wyndham of course is certainly NOT doing this "out of the goodness of their heart", but as a rather ingenious way to acquire absolutely free "inventory" that they will just turn around and sell all over again, likely next time around in the form of CWA Points contracts.
In fairness, maintenance fees increase (averaging 4--5% annually) at virtually EVERY timeshare, not just with Wyndham. However, if you haven't been getting use and enjoyment and value out of that ownership each and every year, commensurate with the fees you have to pay, then it's probably wise and prudent to just "cut your losses" and move on. That "Ovation" door has been open for nearly two years now, but Wyndham can slam it shut anytime they choose, with no advance notice. Not saying they will, just that they CAN.