I think I understand the basics of Wyndham points, but what is Wyndham Plus? Is that just a meaningless marketing thing...or does it mean something. I guess what I'm asking is whether there is some kind of VIP thing like Fairfield used to have.
Wyndham keeps changing the names of things because they can't figure out what their branding message is. Club Wyndham Plus is the new name for the old Fairfield FairShare points system. Just a branding change, nothing else. VIP is a different beast, and still exists. Ignore it, because it costs too much (to a first order approximation, you can only obtain it from the developer.)
Also, with Wyndham (one seriously hard word to keep typing!), I assume at 10 months you just go online and if there is availability where you want to go and you have enough points in your account, you just make the reservation. Is it that simple?
Mostly. There are a few restrictions having to do with length-of-stay requirements at various advance dates and nuisance fees for incurring extra cleaning costs or reservations, etc.
And then, there's RCI (I'll ignore II for now, because I think almost all of the Wyndham properties use RCI).
To me, it seems like RCI is where which resort you own really matters because one Wyndham home resort trades differently than another (the dreaded trading power issue). First of all...is that correct?
In general, yes. As a Wyndham points owner, no. Wyndham chooses the units deposited. Most units are "generic"--averaged across all deposits in the system. You can request a "visible" for various reasons, but that's also subject to Wyndham's whim. Your deposit need not (and usually won't) come from your home resort.
And secondly, how do you determine what kind of trading power your resort has?
In general, Wyndham has fairly poor trading power in RCI. That's because Wyndham tends to retain the most in-demand inventory for internal bookings. For example, Wyndham almost never deposits holiday weeks (Easter, Christmas). Likewise for summer coastal or any "event" weeks. Wyndham also gives owners first crack for a couple months before depositing anything. As a result, Wyndham deposits tend to be "late" with respect to RCI's model.
On the other hand, this can be seen as good news. It means that the best inventory is generally available to owners, not exchangers. And, if you are buying to *use* (always a good idea), it's exactly the policy you'd want, because it means you have better access to the "good stuff" in the system.
I'm guessing some resort locations will also charge Transient Occupancy Tax (TOT)??
This is a matter of geography, not system---any resort located in a particular taxing jurisdiction will be subject to it. For example, any resort located in Hawaii charges TOT, no matter who builds or manages it. Aulani will charge TOT, just as the various HI Wyndhams do. I think the WorldMark Anaheim also is subject to TOT, but Dolphin's Cove, for some reason, is not.
Brian has alluding to Wyndham allowing you to do this (editorial comment: choose your week) for Wyndham in RCI in the future.
This isn't the change in the works. The rumored change for Weeks is that it will go to a "credit-based" (i.e. points-like) model. So, rather than trade week-for-week, each deposit would be worth so many "credits", and each exchange woudl require so many credits. If you accept an exchange requiring less credits than you'll deposit, you would get "change back." If you desire an exchange requiring more credits than any of your on-deposit weeks, you could combine deposits to reach the level you needed (with change back as necessary). This removes the main obstacle to trading Wyndham---namely, you don't have sufficient trade power to exchange for the most in-demand inventory---by allowing one to combine deposits. And, depending on how things are valued, this could work out to be in the Wyndham owners' favor, because you have fine grain control on what is deposited, from a low-season studio to a high-season 3BR unit.
It is important to note that nothing has been officially announced by RCI, so this might never happen. But, several folks who sit on various resort boards report being briefed on the change, so it's a pretty credible rumor.
If you keep it simple with Wyndham and use their internal system it is nice and they have a lot of different options and places to stay. I would not buy Wyndham if your main goal is to mainly trade into RCI. Wyndhams appeal is the large network and coverage they have internally
This is exactly right. The first Rule Of TUG is "Buy where you want to stay." With Wyndham's dozens of resorts, you could just use your ownership internally, stay in a couple different resorts every year, and not run out of options for a good couple decades. Our biggest problem next summer is where we want to stay from several compelling options. On the other hand, Wyndham is not the system to "buy to trade"; many others provide much better results there. But, as I said above, this is by design. The best inventory is reserved for owners, the leftovers sent to RCI.
I see the "Presidential" category. Can you generally book these at 10 months?
Subject to availability. These units are in demand, so sometimes home-resort owners book them before the 10 month window opens. Additionally, some are in that "Presidential Reserve" category I wrote about a page or two back---these are not released to the Great Unwashed until late in the game, if at all. On the other hand, the main difference between standard and Presidential units is the quality of furnishings, and the standard units have always been comfortable for us. Sizes, locations, etc. are all otherwise generally similar.
Our plan is to bank a year's points and use two year's points every other year (Wyndham). Is that a viable plan? I understand that you must bank before your use year.
Yes. I pooled most of my 2010 points, and plan to use them for a more point-intensive trip in summer 2011.