ILG (Vistana Flex) and Marriott Vacation Club - Now what? Owner update?

[Copleydl]

Has anyone listened to an owner update to find out how the Marriott purchase of ILG will impact Vistana Flex moving forward? I'm curious since I'll be staying in a Vistana resort next week and I'm wondering what will be shared if I do an "owner update".

 

[VacationForever]

Anything that they tell you is just "lips are moving", pure speculation with no basis.

 

[vistana101]

I think the reality is that no one, at least no one at the property level, likely knows exactly how/if the programs will be integrated. Perhaps some upper management in corporate have a better idea, but at this point I think all you're going to hear is rumors/guesses.

 

[Copleydl]

When I stayed in October, they told me they didn’t know, but I’ve since got an invite for a MVC event in my area (owners update type thing at a Delta hotel) and when I called the Vistana Resort yesterday, they said they WOULD be able to tell me what’s going on with the Marriott buy out if I attended an owner update. I was just wondering what the “this is your one time to do this or you lose out” story was going to be. I own at both, so not sure if that matters either. If I get info, I’ll post it!

 

[controller1]

Remember that if the "new information" is not in writing from Corporate, then don't believe it! The sales team is there for one reason...to make sales. And to that end, 90% of them will say/do anything to bring about a sale and a commission.

 

[Ken555]

when I called the Vistana Resort yesterday, they said they WOULD be able to tell me what’s going on with the Marriott buy out if I attended an owner update.

Highly doubtful, and likely a complete waste of your time.


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[VacationForever]

Highly doubtful, and likely a complete waste of your time.


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Unless OP finds it worthwhile to pick up an Amex card or Marriott Bonvoy points.

 

[DeniseM]

An "owner update" is a hard core sales presentation. The sales people will say whatever you want to hear. Do yourself a favor and don't go.

 

[Ken555]

Unless OP finds it worthwhile to pick up an Amex card or Marriott Bonvoy points.

Nice to see a silver lining...but is it really worth the cost? Not to me...


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[VacationForever]

We will be whoring for a round of golf in 2 weeks' time.

 

[dougp26364]

When I stayed in October, they told me they didn’t know, but I’ve since got an invite for a MVC event in my area (owners update type thing at a Delta hotel) and when I called the Vistana Resort yesterday, they said they WOULD be able to tell me what’s going on with the Marriott buy out if I attended an owner update. I was just wondering what the “this is your one time to do this or you lose out” story was going to be. I own at both, so not sure if that matters either. If I get info, I’ll post it!

We’re MVC owners and did an “update” last month. MVC sales staff won’t be able to tell you squat. It’s just a line they use to get you in.

The lies we were told, and they are lies:

Price per point was going up over$18/point Jan 1 (it did go up, but from $14.10 to $14.24).

If you buy new points, it makes your “old” points the same as the “new” trust points (one of their perpetual lies)

And finally-you MUST buy new points to participate in the combined inventory from the merger (this will only be verified once inventories are merged).

Your best strategy is to say nothing and ask nothing. Sales won’t know anything until corporate announced it. MVC’s big sales stick is to try to scare you into buying points or you’ll be left out. Pretty weak IMHO.

 

[Steve Fatula]

Can't wait for my annual DSV "update", which is at Shadow Ridge of course. Hopefully, the gift is a good one.

They can tell you exactly zero about the merger.

 

[MommaBear]

Just got out of an "update" at Sheraton Vistana Resort. Allegedly we should sell them back most if our holdings for $37,000 to convert to 260,000 flex options. That would be taking our 2 week annual Princeville and about 75,000 current flex options and making them all flex options. Not a good deal!!!

 

[DannyTS]

In the last 9 months the owners that attendedathe updates reported the following:
#No integration whatsoever
#Interval common priority for all the MVC brands
#conversion of Staroptions to MVC points for all VSN members
#conversion of staroptions to MVC ponts but only for the VSN members that bought from the developer
#all Vistana resorts will be assigned a number of MVC points. The retails owners will be able to enroll for a fee. TUGgers are speculating that retail owners will also be able to enroll but will have to pay a slightly higher fee.


So as you can see, nobody knows for sure let alone the sales persons!

 

[WAzzuTS]

DannyTS - Appreciate your recap. And to everyone else on here for providing such great info on the program ins/outs that keep all of us straight.

We attended an owner update yesterday at Sheraton Broadway Plantation. The sales rep certainly sold it like the entire program was converting to Marriott and all our deeded weeks would be worth less because Marriott would be squeezing us out along with less owners in the VSN network all jumping ship to the Marriott Club Points causing an increase in MFs for those that remain. Tied to that, they also expressed improvement of the SO to Bonvoy points conversion, and I admit that was much better than out current conversion rate...although I’ve never done that due to the extremely poor conversation rate. We bit on the thought that it was now all Marriott points. The deal wasn’t a new buy of points, it was a return of our EOY deeded week/points and the issuance of annual points, essentially buying a full year of 67K points, plus 28K bonus SOs, and another $11K.

Today I received confirmation that in fact we signed for SVN Flex SOs, not Marriott program points. I KNOW...FOOLISH US! We will be returning within the recission period. I’ve already started the letter.

I’ll be interested to see what the enrollment fee may be for Marriott access as they work through the integration. I’ll welcome any kind thoughts and comments on the overlay effort that you’ve seen in recent updates.

 

[VacationForever]

No one knows. Everything is pure speculation.

 

[rickandcindy23]

I posted an offer made to me that was actually much less than was previously offered to me. It was a deal over email.