WorldMark by Wyndham
Encyclopedia
WorldMark by Wyndham is a wholly owned subsidiary of Wyndham Worldwide Corporation which operates as a vacation ownership (similar to a destination club
or a timeshare
), allowing persons to purchase a real estate interest in one of the Wyndham
resorts. It claims to be "the world's third-largest vacation ownership program".
tactics. The Consumers' Institute of New Zealand
has concerns about the sales approach, and the questionable value for money potential buyers face.
Destination Club
In a destination club, in exchange for a one-time, upfront, mostly refundable membership fee, and annual membership dues, a member gets access to a roster of luxury vacation homes around the world, which can be booked based on availability and reservation priorities, plus personalized services and...
or a timeshare
Timeshare
A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time in which they may use...
), allowing persons to purchase a real estate interest in one of the Wyndham
Wyndham Hotels & Resorts
Wyndham Hotels and Resorts is a group of chains of hotels and resorts located mainly in the United States and Canada, but also in Mexico and the Caribbean.-History:...
resorts. It claims to be "the world's third-largest vacation ownership program".
Use of Hard Sell Tactics
Australian Wyndham Vacation Ownership sales representatives are known for using hard sellHard sell
In advertising, a hard sell is an advertisement or campaign that uses a more direct, forceful, and overt sales message. This approach works in opposition to a soft sell....
tactics. The Consumers' Institute of New Zealand
Consumers' Institute of New Zealand
- The history of Consumer :The Consumers’ Council was established in 1959 ‘to protect and promote the interest of consumers of goods and services’. In 1963 the name Consumers Institute was adopted and in 1967 it became a separate government funded entity...
has concerns about the sales approach, and the questionable value for money potential buyers face.
See also
- Resort Condominiums InternationalResort Condominiums InternationalRCI is a division of the firm Wyndham Worldwide .Founded in 1974 by Jon and Christel DeHaan, it has grown to become one of the larger brokers of timeshare trades. RCI has over 4,700 affiliated resorts in over 100 countries around the world...
, another timeshare company that is division of Wyndham Worldwide. - Wyndham Vacation Resorts, another timeshare company that is division of Wyndham Worldwide.