Consumers are spending less in general. Those that do choose to spend are having a difficult time getting loans. As the majority of timeshare owners finance their ownership what is the plan for Wyndham to work on alternatives?
Most importantly Wyndham relies heavily on existing owners to upgrade their ownerships. This limits their pool of prospects especially during a time when families are traveling less and have no wish to spend ten thousand more dollars for an extra few days of vacation every year.