• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Interval Leisure Group to buy SVO

Debbie118

TUG Member
Joined
Jun 23, 2006
Messages
54
Reaction score
2
Points
368
Location
Phila. PA
I just heard a rumor that Interval Leisure Group is looking to buy Starwood Vacation Ownership. Thoughts?
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,668
Reaction score
9,088
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)
Did you hear it from a timeshare sales person?
 

vacationtime1

TUG Review Crew: Veteran
TUG Member
Joined
Sep 7, 2006
Messages
5,159
Reaction score
2,750
Points
649
Location
San Francisco
Resorts Owned
WKORV-OF (Maui)
WKV x2 (Scottsdale)
Rumors are cheap, although we know Starwood is reorganizing.

What is the source?
 

Debbie118

TUG Member
Joined
Jun 23, 2006
Messages
54
Reaction score
2
Points
368
Location
Phila. PA
I just heard this on CNBC news. Time frame was within the week a definitive announcement.
 

tschwa2

TUG Review Crew: Veteran
TUG Member
Joined
Dec 19, 2008
Messages
16,002
Reaction score
4,676
Points
748
Location
Maryland
Resorts Owned
A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
It wouldn't be the worst news. It really hasn't seemed to change much for Hyatt owners.
 

cubigbird

Tug Review Crew Veteran
TUG Member
Joined
Apr 9, 2013
Messages
1,725
Reaction score
634
Points
323
Location
Western US
Resorts Owned
Westin Lagunamar, Westin Kierland X2, Westin St John-Sunset Bay X2, Westin Desert Willow, Westin Aventuras
So this would mean the scrapping of the whole VSE idea and concept??? ...Or would VSE essentially be an entity underneath ILG???
 
Last edited:

PamMo

TUG Review Crew: Veteran
TUG Member
Joined
Jul 17, 2006
Messages
5,197
Reaction score
3,024
Points
648
Location
Missouri
Last edited:

LisaRex

TUG Review Crew
TUG Member
Joined
Mar 10, 2007
Messages
6,792
Reaction score
317
Points
518
Location
'burbs of Cincinnati, OH
Resorts Owned
Used to own: WKORV-N; SVV - Bella
Very interesting development. I can't even begin to speculate on what that would mean.
 

klpca

TUG Review Crew: Veteran
TUG Member
Joined
Sep 11, 2006
Messages
8,273
Reaction score
7,280
Points
749
Location
CA
Resorts Owned
SDO, Quarter House, Seapointe, Coronado Beach, Carlsbad Inn, Worldmark
Last edited:

GregT

TUG Member
TUG Member
Joined
Jul 19, 2007
Messages
7,128
Reaction score
1,886
Points
599
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
I think this would be a logical conclusion, for the same reason that Hyatt being acquired by Interval made sense too. This would definitely scrap VSE, but VSE may have been a giant "For Sale" sign anyway.

I think Bastroum may be onto something that this could favorably impact Starwood deposits for traders. Interesting.

Best,

Greg
 

DavidnRobin

TUG Member
Joined
Dec 20, 2005
Messages
11,812
Reaction score
2,224
Points
698
Location
San Francisco Bay Area
Resorts Owned
WKORV OFD (Maui)
WPORV (Kauai)
WSJ-VGV (St. John)
WKV (Scottsdale)
I am sticking with 'own where I go' strategy
 

Helios

TUG Member
Joined
Jan 3, 2015
Messages
2,297
Reaction score
134
Points
173
It wouldn't be the worst news. It really hasn't seemed to change much for Hyatt owners.

Do you know what changed for Hyatt?
 

Helios

TUG Member
Joined
Jan 3, 2015
Messages
2,297
Reaction score
134
Points
173

Helios

TUG Member
Joined
Jan 3, 2015
Messages
2,297
Reaction score
134
Points
173
I will be interested in knowing what this means for Harborside. Harborside is really a joint venture of Starwood and Kerzner, so I wonder if we'll be treated differently than the Westin, Sheraton, and/or Vistana owners.
 
Last edited:

lizap

TUG Member
Joined
May 26, 2013
Messages
1,949
Reaction score
240
Points
173
Location
Louisiana
So far, nothing has changed, but there is talk about a 'pure points' system. Don't know what this means as Hyatt already has a points system. I suspect it might be a way to get more money from existing owners, a la Marriott. Intervals' pockets must be deep, first Hyatt, now Starwood..


Do you know what changed for Hyatt?
 
Last edited:

pedro47

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
22,068
Reaction score
8,532
Points
948
Location
East Coast
Can someone please explain what all this mean to the timeshare community?
 

Helios

TUG Member
Joined
Jan 3, 2015
Messages
2,297
Reaction score
134
Points
173
There is also a rumor that HVGC is being sold and another rumor that HGVC may switch to II (a byproduct of being sold :ponder:)

Just rumors at this point. Interesting that there is so much change in the industry at once.
 

cubigbird

Tug Review Crew Veteran
TUG Member
Joined
Apr 9, 2013
Messages
1,725
Reaction score
634
Points
323
Location
Western US
Resorts Owned
Westin Lagunamar, Westin Kierland X2, Westin St John-Sunset Bay X2, Westin Desert Willow, Westin Aventuras
Do we just love to speculate??? :ponder:

I am wonding that if SVO was to be bought by ILG, would SVO owners also be merged into the same system with Hyatt and would that bring new internal exchange options for us since technically it is the same company, or would the 2 systems but separate underlying entities?
 

NNerland

TUG Member
Joined
Jul 24, 2014
Messages
152
Reaction score
23
Points
128
Location
Arden Hills, MN
Time will obviously tell - but as when they announced the new spinoff - Long Term Marketing/Naming deals were signed meaning little change in what we actually see. Just different name under different umbrella.

I read some about Hyatt today and it appears they acquired, but it operates as its own unit but gives them additional balance sheet leverage.

All about the assets for them and asset light for Starwood.

Time of course will tell but I would anticipate it wouldn't be a free for all elimination of the structure we all purchased. And, given the 100 year (I thought I read) marketing deals to keep Westin, Elite Benefits, etc....things will continue on as usual.

But I await the typical cynical replies about how we are all about to get screwed.
 

tschwa2

TUG Review Crew: Veteran
TUG Member
Joined
Dec 19, 2008
Messages
16,002
Reaction score
4,676
Points
748
Location
Maryland
Resorts Owned
A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
Interval did sell off one Hyatt vacation club (I think to Welk). The two in SVN I would be the most concerned about would be Harborside and SDO.

I would expect the two umbrellas of Hyatt and SVN to stay separate with perhaps some reciprocity (a la Wyndham/Worldmark) at maybe the 6 month mark or priority within II.

Personally I would like to see Harborside go to Marriott with ability to enroll in the DC and perhaps better points values especially for summer months.

This also means II will be competing with itself selling retail weeks/points in Maui.
 

Helios

TUG Member
Joined
Jan 3, 2015
Messages
2,297
Reaction score
134
Points
173
Personally I would like to see Harborside go to Marriott with ability to enroll in the DC and perhaps better points values especially for summer months.


I second this.


Sent from my iPad using Tapatalk
 
Top