- Joined
- Jun 6, 2005
- Messages
- 4,879
- Reaction score
- 4,429
- Points
- 599
- Resorts Owned
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Marriott:
Maui Ocean Club
Waiohai Beach Club
Barony Beach Club
Abound ClubPoints
HGVC:
HGVC at Sea World
I was recently in a sales presentation at a timeshare we own (we rarely go but these guys have truely been low key and I was curious about the new additional building build out dates). We got to talking about II and I casually mentioned MVW’s purchase of ILG and he hadn’t heard about it. I pulled up the article and he took it to his boss. When he came back he said his boss told him it was a “done deal”.And would be closing in 5 months.
Of course we all know how reliable information from the sales floor can be but, when a direct competitor in Breckenridge (both Hyatt and Marriott) have a merger on the table that could affect your bottom line, not to mention alter the exchange landscape, admits that it’s a “done deal”, it probably is in the eyes of the industry.
As dioxide45 said, the question on the table isn’t if it’s a done deal - it is. Terms are agreed to and it’s been officially announced. It just has go go through routine regulatory hurdles to close on schedule in September. The question on the table is how will Marriott Vacations Worldwide choose to integrate Vistana and Hyatt with Marriott Vacation Club and how many months or years will it be before those integration plans are implemented?