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Wyndham Resorts is the largest hotel company in the world, with over 7300 resorts worldwide; however, its reputation regarding timeshares is not the best.
Vacations are a good opportunity to get out of the busy daily life and spend quality time with our beloved ones, however, with the struggling economy, it is becoming more difficult to find a destination that fits our budget and meets our needs.
In the effort to find economical ways to travel, fractional ownership appears to be an attractive vacation option.
Nowadays, many resorts are focused on selling timeshares, with Wyndham being one of the most prestigious. Wyndham Hotels & Resorts is a corporation that was founded in Texas in 1981.
The company grew very quickly in the late 1990s, and with approximately, 7340 hotels worldwide, Wyndham has now become the world’s largest hotel company.
Wyndham Timeshare
With over 915,000 owner families, Wyndham vacation ownership, also known as Wyndham timeshare, is the largest vacation ownership business in the world.
The whole system counts 25,000 individual units in a network of 180 timeshare companies throughout the United States, Canada, Mexico, the Caribbean and the South Pacific. During timeshare presentations at Wyndham, vacationers are offered a Wyndham timeshare points for sale package, since the company uses a points-based system.
Exchange and Rentals
Being a global leader in vacation ownership, Wyndham timeshare has a program called Exchange & Rentals, which has 3.7 million RCI subscribing members.
Wyndham Exchange & Rentals has the goal of delivering dream holidays to leisure travelers. The company provides access to more than 100,000 vacation units in almost 100 countries.
Wyndham Complaints
Wyndham's resorts are absolutely beautiful and modern; however, the company does not have the best reputation regarding timeshares, which is not surprising being that they have an F rating on the BBB.
Most complaints are about the deceitful business practices and insulting behavior on the part of Wyndham timeshare salespeople. According to the BBB, they have a total of 1475 complaints:
- 1040 about the sales practices
- 128 about collection issues
- 3 about delivery issues
- 304 about problems with the product/service
Wyndham timeshare presentations are hardcore and very long-lasting, people are usually pressured and bullied into buying a timeshare.
The company has been sued in federal court several times by many Wyndham timeshare owners for committing wrongs in their vacation credits, such as breach of contract, violation of California’s Timeshare Act, and breach of fiduciary duty, among others.
Another common complaint is that maintenance and assessment fees increase constantly, to the point where many timeshare owners are no longer able to keep paying them.
Many of them decide to stop paying, which is a huge mistake, since their debt is taken to a collection agency, and it ends up affecting their credit score very badly.
To read more timeshare complaints about Wyndham, visit the following websites:
- TripAdvisor
- TUGBBS
- Redweek
- Consumer Affairs
- Ripoff Report
- Pissed Consumer
- Complaints Board
- ScamBook
- Reviews Talk
The website http://whatswrongwithwyndham.com/ will show you more information about the action lawsuits against Wyndham, as well as more Wyndham timeshare complaints.
Is a Wyndham Timeshare a Good Purchase?
Only if you are willing to use your timeshare properly and pay the monthly timeshare maintenance fees.
Take into consideration that a timeshare is NOT a financial inversion, you can actually save more money by planning your vacations by yourself, than by purchasing a fractional ownership.
How to Get Out of a Wyndham Timeshare
There are many solutions for unwanted vacation properties. Most people try to sell it, but they find themselves at a dead end after they realize the resale market for timeshares is not robust, and never has been.
Consequently, the best way to get out of a timeshare membership is by canceling the contract.
Timeshare cancellation has many advantages, but the most important is that once you cancel a timeshare, you do not have any further obligations attached to the resort.
At Mexican Timeshare Solutions, we assist timeshare purchasers who feel they were scammed by the resort, and we are sure of what we can achieve for you.
Contact MTS for a free consultation and full advice on your matter; it’s time for you to get away from that contract!
To receive more information about Wyndham timeshare and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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This is really valuable info. I had looked into a particular timeshare and found out it was only good for a limited amount of time.
Wyndham finally quit bothering me but took back their property with over $55 thousand in equity and left me with a bad credit report. I've reconciled myself to not getting any money back but wish I could force them to get rid of the bad credit rating. Any suggestions?
Thanks for helping spread the news. Although, its ironic that we call this "news", as Timeshare Scams have been around a long, long time. But the more people post the truth, the less people will get scammed.
I have been scam with timeshare resale companies also I understand how this gentleman feels, I am a Wyndham owner and I have had several timeshare reale telemarketers calling I was scam out of nearly 2500.00 dollars I have reported these companies to attorney general in Florida. We need to put these companies out of business.
I'm a bit confused by just some simple googling on how a wyndham timeshare works. Sometimes I see people selling points that are with a fixed timeshare location. I thougth Wyndham was just a point system where you can redeem points at any timeshare? What are the fees you pay each year? Are there some type of grandfathered accounts that don't have these fees?
I suspect a lot of people end up buying time shares not because they want them, but because they’re persuaded by the hard sell pitches that accompany many of the “free gift, just listen to our presentation” type offers
They're a scammers, and actually i agree with the article, the sales presentations are very agresive
So happy to have found this site. We seem to learn a lot about our Wyndham ownership all the time. So we have 252k left for 2013-vip member. We cannot take any more trips, so I know we can either convert to maintenance fees or deposit in RCI. Any other ideas of what we could do? We could take a road trip for a long weekend, but need to stick close to home, do they convert to hotels? Or any other goodies?
One should never "invest" in a timeshare . A timeshare is a depreciating asset and you will almost always lose money on them (think of the value of a car the minute you drive it off the dealer lot). While there may be reasons to get a timeshare, investment should never be the reason.
I am not sure whether or not you use the same Wyndham Vacation resorts that I do but I love my Wyndham Timeshare. They are what they are. If you are not happy with it. I know sales people are not always the most reliable in the honesty department but what sales person doesn't lie or stretch the truth.
I own three separate deeds now. If you are going to use it, it is worth it. As for the fees I pay 120 per month total. I am a VIP which gives some added benefits such as discounts on some reservations but the VIP thing is not the most alluring feature of Wyndham. It is the flexible point system and not paying a fee every time I want to book something.
Relating to annoying timeshare sales people, If you tell them no they normally do not bother you. If you do show an interest the will ignore you. Sometimes they bother me sometimes they do not. Every time though. it is because I have shown an interest even though I may not realize it. If they say " do you know about the updates to your ownership" say yes. If they say " would like to receive a prize for participating in an owner update" say no, unless you want to be hounded by an opportunistic sales person.
It may not be for every one but I can handle the down side to Wyndham Ownership because what I get in return outweighs the down side.
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