Wyndham Devaluing Vacation Rental Bookings

We love a good deal in the points and miles world, which is why we’ve harped so heavily on Wyndham’s partnership with vacation rental company Vacasa. Until now, home rentals have been bookable using just 15,000 points per bedroom, per night — which has made for incredible value when redeeming Wyndham points.

Alas, as always, all good things must come to an end. As first flagged by Loyalty Lobby, Wyndham is updating how Vacasa bookings are being priced.

Here are the details to know.

Wyndham Devaluing Vacasa Rentals

The headline may sound negative, but it’s not exaggerated. Currently, anyone wanting to book a Vacasa vacation rental needs to pay just 15,000 points per bedroom each night. Combined with a robust search filter system, that made it pretty easy to calculate how many points you’d need for a redemption.

What’s great is that the nightly rate in points remained the same, despite the high cash cost of the rental. Naturally, blackout dates were a common occurrence, only revealed upon calling in, yet the rate stayed consistent.

As of March 26, 2024, Wyndham has declared that the amount of points you will pay will depend on the property’s cash cost. The value of using Wyndham points to book vacation properties with Vacasa has significantly decreased as a result of this new pricing change.

• Rentals with an average cost of up to $250 per night will cost 15,000 points per bedroom, per night.
• Rentals with an average cost of up to $500 per night will cost 30,000 points per bedroom, per night.

At its best, the value you’ll get for your Wyndham point is now going to max out at 1.6 cents (for a 1-bedroom costing $250 per night). This is still well above the 0.9 cents at which we value Wyndham points.

However, if you’re transferring points over from Capital One or Citi to Wyndham, your value proposition drops dramatically. We value Capital One Mile at 1.8 cents each and Citi ThankYou points at 1.6 cents each, making this a newly subpar redemption for using your flexible point currencies.

Anyway, you’ll still need to call in to book these redemptions, which may be done at 800-441-1034. Presumably, there will still be blackout dates that you cannot access online. Thanks, Wyndham and Vacasa.

Final Thoughts

We’ve loved the Wyndham and Vacasa partnership thus far, which has offered those wanting to rent vacation homes a solid way to do so using their points. Unfortunately, a new devaluation from Wyndham means that the value you’ll get from redeeming your points will be decreasing significantly.