windje2000
TUG Member
Dan,
I don't believe it is a hidden cost (to us), I believe it is a hidden benefit (to the DClub).
I believe that enrolling in DClub and then making trades thru II gives DClub a first pass to make your requested trade, giving Marriott the option to keep your week for the DClub instead of passing it along to Interval and to some random Marriott owner.
I've used this example before -- and if it doesn't work this way, Marriott missed a major opportunity to snag prime weeks.
Let's say that I want to trade my 3BR MOC week for a 3BR at Ko Olina. I call my Marriott VOA and say that I want to make this trade.
Marriott Trust has tons of 3 BR Ko Olina units in it -- I believe they would make that trade using Trust Inventory and take my MOC week into the Exchange Pool. Or maybe, they make a second trade simultaneously with Interval International providing the desired 3BR Ko Olina week, and then Interval has agreed to trade my 3BR MOC back to Marriott.
If they didn't, is Marriott really going to let the 3BR MOC go into II's inventory and just sit there?
So, I believe a major reason for the free II trades is to give Marriott a first look (Right of First Refusal concept) at inventory before it gets deposited into II.
I posted this theory before and it was criticized as too manual and labor intensive -- but I believe criteria could be established to make it very very simple -- ie, any 2BR or larger at a TDI property greater than 130 and the unit never makes it to II.
I would be very surprised if Marriott hadn't implemented something like this, but I have no evidence that the arrangement actually exists.
Best to all,
Greg
I agree that one Marriott objective with respect to the II account is to get 'first pass' although I've never seen it in writing.
What your hypothetical transaction goes on to describe is a request first trade - if you don't get it . . . there's no downside for you.
But what you describe as a Marriott 'first look' or ROFR concept is a lot like the Marriott owner preference or advantage in II.
That 'first look' represents an option on the week you surrender in favor of the members of DClub . . . to the exclusion of the other members of II who are Marriott owners.
Options have value.
The 'hidden benefit' you describe must have a 'hidden cost' to those who give that option to Dclub, the legacy owners who enroll. They got paid nothing for writing that option and, in fact had to pay to join DClub.