Started by Carolinian, March 05, 2007, 02:13:30
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quote:Originally posted by CarolinianIt should be clear from these numbers that RCI is moving toward being a rental organization more so than an exchange organization.
quote:Originally posted by heatherThis topic has been raised by Carolinian on occasions too frequent to count so almost everything that can be said, has been said. I guess we just have to wait for the outcome of the reported lawsuits. But, one fact in favor of RCI's practice of obtaining rental inventory from resorts still in development, etc. is that those who might never be exposed to the positives of timesharing are now staying at affiliated properties and hopefully looking at the resale market for opportunities to join in. This can only improve the industry.
quote:Originally posted by SimonccYou need to remember that Cendant has owned many of the rental only companies for years but recently rebranded them under the RCI Global Vacation Network. For the purposes of this argument, it would be useful to know each divisions results but I don't see how this information would be obtained.The Wyndham press release stated that exchange revenue went up by 8% so I'm sure that they still see exchanging as a major earner for them. Of course, that is probably due to fee increases as much as more exchanges although a recent post on TUG stated that exchange numbers were still on the rise.
quote:Originally posted by CarolinianActually, they purchased most of them AFTER they took over RCI, and then organizationally put them in the same group as RCI. That background reveals a lot about where they are headed.