Original Message:
Wyndham's "Ovation" exit program... (by Lolli S.):
ken1193 wrote:lollis3 wrote:ken1193 wrote:As a point of clarification to jims1139 post above, to the best of my knowledge and belief ONLY Wyndham points ownerships which were originally purchased directly from Wyndham qualify to receive the "3 years to use your points" deal. As I understand it, those Wyndham ownerships purchased in the resale market which are accepted into "Ovation" get their "get out of jail free" pass --- but nothing else (i.e., NO points to use for the next 3 years). I'll stand to be corrected if mistaken, but that is my understanding of Ovation terms and practices.It evidently depends on whether they want the property or not. I called about a year ago (haven't done it yet) and they were willing to accept both my paid-up properties. One purchased from them (in a fit of insanity) and one I got for about $110 bucks as a resale. They said I would be able to use the points for 3 years and did not say this would not apply to the resale property.
I'm guessing (admittedly it is ONLY a guess) that your resale purchase would NOT get the "3 years of points use" deal and that ONLY your developer-direct purchase would receive that "benefit". I could of course be mistaken, but I have not previously heard of any resale ownerships actually getting that "3 years of points" deal upon acceptance into Ovation.
In any case, Ovation is an easy, lawful, permanent (and FREE) exit from Wyndham for those who just want "out" NOW --- *IF* Wyndham will accept that particular "product" back. The tough part is accepting that the product actually has no value or demand in the resale market and that its' only real value now is in its' actual USE. It also must be very difficult for people to swallow and digest the concept of giving back (for free) something for which serious money was once paid; I know that doing so certainly would not sit well with me.
Ovation is about two years old now. It will be interesting to see if Wyndham continues the Ovation program indefinitely or just suddenly slams the Ovation door shut without any advance notice (as is their right and prerogative). I guess only time will tell.
I felt more confident about the prospect that this program will continue when I saw that they placed a full page ad for Ovation in the latest magazine that they sent out. Previously it seemed like a secret little plan they didn't really want to talk about.