- Joined
- Jul 19, 2007
- Messages
- 7,156
- Reaction score
- 1,953
- Location
- Carlsbad, CA
- Resorts Owned
- Marriott: Maui Ocean Club Lahaina Villas (3BRx5), Ko Olina, Shadow Ridge II, Willow Ridge, Aruba Ocean Club, DC Points HGVC: Flamingo, Sea World, I-Drive, Starwood Bella (x4), SDO, TradeWinds, Worldmark
First, let me say I would be too chicken sh!t to rent from an owner, so renting a week via Redweek would pucker me up way to much to even consider that as an option, so I wanted to be clear my cost comparisons do not include that option.
That said, perhaps its just where/when I have been going (Aruba, MFC, Newport Coast, Crystal Shores, Lakeshore Reserve and even next summer's trip to Summit Watch), but in every one of those instances, I always check $$ stay rates vs renting the points needed for the DC stay and the DC stay has always won out... and certainly was never upside down. Granted, on occasion, I have used the then MOD rate with add'l CC discount as that was a bit cheaper than the DC points rental costs, but I look at the owner discounts as an owner benefit that I would not have had if I were not in the program. For comparisons such as the Mayflower, I tend to look at it from the perspective of what would I have to pay if I was not in the program (i.e. Cash rate with AAA discount) vs. what is it costing me in cash equivalent to use my program points (MF value or rental points costs). So far...while keeping my fingers crossed and knocking on wood all at the same time, I have been coming out ahead, and mentally am comforted that the savings go to "amortize" my up front points purchase cost.![]()
In just looking at one instance for the Mayflower addition (August of this year), it seems to me that I would be better off not being in the program to secure that ressie. That's a tough sell if you were a DC points salesman trying to excite me on this new addition. That's all I am saying.
Granted, I am not a Legacy owner with gobs of points, generated from resale purchased weeks, that I need to use so some I get great value out of and some I can be a bit more extravagant with. My reality is that I have a small pool of Trust points and rent the rest that I need, so its more of a direct annual cost vs. direct annual cost comparison than perhaps it is for some others with many low cost points in their basket. I do envy them.
If what you say were true in most instances, I would be very disappointed in being in the DC...but so far for me I have found "savings" when merely comparing the value of the DC points vs non DC member Cash alternatives and I hope that continues. As SMB1 said in an earlier post.... "That's the way it's supposed to work!"
Understood -- that's interesting. I agree with you -- if the model of new properties/hotel conversions is not compelling versus cash rentals on marriott.com, that certainly makes it less interesting. I look forward to tracking and thanks for the comments!
Best,
Greg