Keeping watch on Trendwest / WorldMark by Wyndham

Monday, February 07, 2011

50+ years ROI on Worldmark

I noticed a recent sale of holiday credits on eBay Australia.

This wasn't a sale of Worldmark ownership credits — it was just a one-off sale of holiday credits for use in booking accommodation. The owner, it would seem, wasn't using the annual allocation, so they wanted to get some money in exchange for giving somebody a holiday or two.

There was quite a bit of bidding over the week, taking the price from an opening $399 to a final $735 (Australian dollars). This is interesting in that it gives an indication of the 'value' of Worldmark ownership. If the person has an annual 12,000 credits then it's worth $735/year.

At a current "purchase from Wyndham" cost of $2.82 per credit, that's 12,000 x $2.82 = $33,840 of up-front cost to get a mere $735 value per year. That means an ROI of 48 years, but that's excluding extras like housekeeping.

Not exactly a stunning investment. I think the person who bought the credits is the smartest -- they got the holiday at a fraction of the Worldmark cost. Good one!

-- Fabbo Tags: