November TARDA Newsletter – MyResort Co Op Eliminates Perpetual Timeshare Contracts – Bridgett and Dawn’s Wyndham Experience – 15 Wyndham Resort Bankruptcies
Categories: Monthly NewslettersNovember 25, 2025
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Our last Pod TV episode of Timeshare Solution or Surrender for 2025, Episode 86, aired on October 27. Beginning in 2026, the first 30 minutes of Timeshare Solution or Surrender will air live. The second 30 minutes will be a Timeshare Resource Center featuring past guests – industry experts and attorneys – offering short segments describing the services and resources they provide. Together, we support those in need of information concerning a timeshare purchase or usage.
A New PodTV Timeshare Solution or Surrender format – Beginning 2026
PodTV Timeshare Solution of Surrender episodes can be found at the bottom of the home page. Click Live Update on our Showcase.
Our 10 Resource Center participants include: Brian Rogers, TUG, Jeremy Taziar, Destination Timeshare, Mike Kennedy, KOALA, Jonathan Stoker, Vacation Ownership Advisor, Andrei Borodin, MyResort Co Op/VOLQA, John Kushman, Timeshare Specialist/timeshare-scam-database/, and attorneys Michael Finn, explaining the difference between exit companies and law firms, Conner Sapani, arbitration explained, Rodrigo Jimenez, Mexico timeshares and PodTV Producer attorney Nick Paleveda, Annuity Vacations.
21 Timeshare Wyndham/Travel & Leisure and Holiday Inn Club Vacation Resort Closings
In our October newsletter we reported that Holiday Inn Club Vacation is “disengaging” from six Silverleaf Resorts. We are now hearing from Wyndham Legacy week owners inquiring about resort closings. As usual, we turned to TUG to find the answers. Sure enough, we found a chart detailing 14 resorts engaged in various stages of bankruptcy proceedings. All are Fairfield resorts. In addition, Kauai Beach Resort is pursuing bankruptcy.
https://www.facebook.com/groups/timeshareusersgroup/posts/4221305961523570/
Kauai Beach Resort
Club Wyndham’s Kauai Beach Villas will be shut down by January 1, 2026. The resort is ceasing operations due to bankruptcy, structural issues with the buildings, and its departure from the Wyndham program. (Internet AI)
We reached out to Mike Kennedy at KOALA: To my knowledge — the owners of the affected resorts will have the option of moving their ownership into Club Wyndham Access Points (CWA) or simply take a prorata share of the property sale. I imagine the latter would be minimal.
How to Eliminate Perpetual Timeshare Contracts – My Resort Co Op – a 3 year RCI program
https://myresortcoop.volqa.com/
A common timeshare complaint, given little to no resale value, concerns the perpetual nature of most timeshare contracts. The house you live in is a perpetual contract. The difference is it can be sold, and commissions are 6% instead of up to 50% or more when purchasing a timeshare. My Resort Co Op is a three-year program offered by VOLQA that eliminates the need for perpetual contracts.
TARDA board member, Irene Parker, experienced her first My Resort Co Op stay at Club Wyndham Panama City Beach Resort, in November, staying in one she felt was one of the best units, a 1 BR Deluxe, ocean front unit with two full baths.
The only experience damper was, by coincidence, this resort is the site where PodTV’s Episode 86 guest, Dawn, upgraded for a reason she said she later learned did not exist. At check-in, the first two Wyndham representatives were respectful, listening to why Irene did not want to attend a presentation. They confirmed that Dawn’s sales agent still worked there. The third representative, who appeared to be something of a bouncer, heard but did not listen, commenting, “Some people don’t know how to use their points.” Dawn has used her Wyndham points for 20 years. You be the judge. Dawn explains below.
My Resort Co Op – 48,000 RCI points for each of three years
The least expensive option (lowest tier option) – The First Year Fee was $1,239, plus a $299 RCI exchange fee for each of two reservations, and a $75 activation fee.
The Second and Third Year Renewal Fee is $963.
A May 2026 trip to Florida’s satellite coast was booked using 22,000 RCI points with help from Jonathan Stoker’s team at Vacation Owners Advisor (VOA). The total cost with My Resort Co Op, including the RCI exchange fee, was $869 for seven nights. If booked with Booking.com, the price, including tax, would have been $2,162.
The October 31 – November 7, 2025 Wyndham Panama City Beach Resort stay also required 22,000 points. The RCI point equivalent cost was $567.87. Booking.com had no availability until late November and the cost would have been $793.
The My Resort Co Op cost for the two trips: $2,036, with 4,000 RCI points left over
When checking online, the total cost for the two trips would have been $2,955.
Three VOLQA myRESORT Co-Op Membership Purchase Options:
Purchase Option 1: Upfront Payment (total savings for Vacationer saves about $1,750.) Paying for the 3-year membership upfront allows the best discount on the membership cost. (3 x 48,000 = 144,000 points)
Tiers: Vacationer Adventurer Trailblazer
# of Points 48,000 72,000 108,000
Price $2,945 $3,995 $5,495
Per Point $20.45 $18.40 $16.96
The renewal fee is $499 every 3 years for those who wish to continue with the program.
Vacationers have the option of paying for each year separately. Purchase prices are $1,195 (48,000 points), $1,545, (72,000), $2,045 (108,000) Annual renewal $963, $1,316.67, $1,812.58
Wyndham Updates
A Wyndham Timeshare Buyers Facebook Group launched November 12
https://www.facebook.com/groups/1860722901213258
The following quote prompted the creation of a Wyndham Buyers in Dispute Facebook Group: The impact of this judgment is undeniable as it sends a strong message that companies cannot falsely advertise and mislead customers without facing serious consequences. Wyndham’s $16 million award in Wyndham vs Pandora Marketing
PodTV Episode 86 – Dawn and Bridgett shared their Club Wyndham experiences. Candace talked about her interactions with five exit companies before she reached out to TARDA.
Dawn in Connecticut – 20 + years Club Wyndham member
The Wyndham sales agent said they had a new program since Travel and Leisure took over, that eliminated maintenance fees. The program required a purchase of 300,000 additional points that could be deposited on July 1 or later each year that would cover all our maintenance fees. The agent presented two options: One option would have cost $72,000 to purchase 300,000 points. The less expensive option, $48,000, was for 200,000 points, advised we could deposit 100,000 of what we already had. I even called the sales agent after I returned home to confirm the program details. That call should have been recorded
In my original complaint, I used the word offset, saying that if we did not have maintenance fees, we could offset THE COST OF THE PURCHASE, by refinancing, but Wyndham Cares agent, Brittany Boles, twisted my words saying that since I used the word offset, I knew it was a partial maintenance fee offset. No one would spend $48,000 to offset one month of fees. We now have more points than we can afford as maintenance fees are now $610 per month instead of being eliminated.
PodTV Episode 86 Bridgett in Kentucky
On May 10, 2025, our Wyndham sales agent at Wyndham Smokey Mountain, assured us that we would be able to pay off our loan in two years by renting out 500,000 bonus points. He used this example: He would take 100,000 of our annual points and combine those with the 500,000 bonus points that we could rent out for $33,000 in one year. We counted on the rental payments to pay off the two Barclays credit cards they opened for my husband and me. Our agent said he would advise us “every step of the way” as to how to rent out the points. He also said we could offset our maintenance fees with our Wyndham Reward points by charging purchases to our Barclay’s credit card to cover our maintenance fees for a whole year.
On August 30, 2025, we attended a new owner orientation again at Smokey Mountains. This sales agent told us everything we had been told wasn’t going to happen, and that we couldn’t rent bonus points. The agent also said there was a 33% penalty for paying off the loan early (our contract says no penalty). We rescinded this contract. They said if I had kept this contract, I could have sold it in three years for $158,000 through the Legacy Exit. We were advised on the recorded closing, not to ask questions, because if we did they would have to stop the recording, pull us out, and it would take another couple of hours.
PodTV Episode 56 – Tom, 23 years served with the Baltimore County Police Department, reported he was sold points to rent using Wyndham’s Extra Holidays program. It didn’t work. At a subsequent meeting, a sales agent advised Tom to contact an outside rental platform. It did work! About a year later Wyndham sent Tom a cease & desist letter accusing him of commercial activity. Tom and his wife are 20+ year Wyndham members. Tom’s protest:
There have been many complaints from timeshare buyers who purchased from other developers, assured it would be easy to rent out the timeshare to cover costs or even make money. The strategy is unfeasible for the average timeshare member or owner.
That’s all for November. The TARDA board wishes you a safe and happy Thanksgiving season. TARDA could not exist without your donations of time or treasure. Thank you to all who have provided financial support or donated your time to further our goals – improve communication between developers and timeshare members and owners – greater transparency and accountability – and support for a viable secondary market. We hope you include TARDA on your holiday giving list. We are all-volunteer, but must raise funds for common expenses.
https://tarda.org/get-involved/
Contact Us if you would like to share your timeshare experience.