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Incentives or offers to attend “Owners Update”

It's really going to vary, by owner, by resort, by time of day, by week of the year. These are not a fixed amount. Some owners will be offered more, some less. They may give you an incentive to book an afternoon time. We've had offers lately of 40,000 Bonvoy points or 300-500 Club Points. I ignore what the cash card gifts are since we never take those.
 
Generally speaking, we’ve been offered as low as $150 to as high as $350. Typical offers are $200 at the resort or $250 if we book before we arrive. 40,000 BonVoy points works out to a cash value between $200 and $400 depending on how savvy you are at booking hotel rooms.
 
dioxide45 said:
It's really going to vary, by owner, by resort, by time of day, by week of the year. These are not a fixed amount. Some owners will be offered more, some less. They may give you an incentive to book an afternoon time. We've had offers lately of 40,000 Bonvoy points or 300-500 Club Points. I ignore what the cash card gifts are since we never take those.
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Why wouldn't you take the cash card if the value was higher than the bonvoy or club points? Is the cash card value always lower?
 
TolmiePeak said:
Why wouldn't you take the cash card if the value was higher than the bonvoy or club points? Is the cash card value always lower?
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I've found that cash card is always a lower value for us. We almost always want Bonvoy points. It is really the only way we can quickly and easily build up our Bonvoy point balance. We can use credit card spend, but that is slower. If they offer a $250 cash card I could use that to buy Bonvoy points from Marriott, but that would net me only 20,000 points at the current rate of 1.25 cents per point. We are most often offered 40,000 Bonvoy points for a presentation. It would take a $400 cash card to be the equivalent.
 
dioxide45 said:
I've found that cash card is always a lower value for us. We almost always want Bonvoy points. It is really the only way we can quickly and easily build up our Bonvoy point balance. We can use credit card spend, but that is slower. If they offer a $250 cash card I could use that to buy Bonvoy points from Marriott, but that would net me only 20,000 points at the current rate of 1.25 cents per point. We are most often offered 40,000 Bonvoy points for a presentation. It would take a $400 cash card to be the equivalent.
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That is the cost of acquiring a point but the redemption value in spending them (in most cases) is far lower.
 
davidvel said:
That is the cost of acquiring a point but the redemption value in spending them (in most cases) is far lower.
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For the average person with typical usage like myself, you’re correct. However, those adept at using points can manage 1 cent or more per point. I spent some time researching to see if the elusive value really existed. It took effort but it does exist.
 
We uad four options today checking in at Surfwatch.
1. 40 000 Bonvoy points.
2. 500 Abound points food for 2 years.
3. $300 to spend at resort and some restaurants on the island.
4. $250 of maintenance fees.

To sweeten the deal we were offered wrist bands to come into the preferred check in lounge any time throughout our stay for snacks, sodas and wine or beer.
 
dougp26364 said:
For the average person with typical usage like myself, you’re correct. However, those adept at using points can manage 1 cent or more per point. I spent some time researching to see if the elusive value really existed. It took effort but it does exist.
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Either way, dioxide was comparing taking cash vs those points. The cost to acquire those points is meaningless there. What matters is what value you can get for them vs. cash. I agree for savvy users that can find event weeks or other niche uses, you can get over a penny/pt. Back in the day we booked the (former) Blackcomb Marriott Residence Club getting almost 3 cents/pt!
 
davidvel said:
Either way, dioxide was comparing taking cash vs those points. The cost to acquire those points is meaningless there. What matters is what value you can get for them vs. cash. I agree for savvy users that can find event weeks or other niche uses, you can get over a penny/pt. Back in the day we booked the (former) Blackcomb Marriott Residence Club getting almost 3 cents/pt!
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The value doesn't change that much either way. If the points have a redemption value of .8 cents per point then those 40,000 points are worth $320. That is still more than the $200 or $250 gift card they are going to give me. Usually when the bump the value of the gift card they give you, the amount of Bonvoy points offered goes up too. Anything above .8 cents per point means taking the Bonvoy points is an even better value. Sure 40,000 points may not be good for a single night, but you don't have to spend just 40,000. You can accumulate them over time for a larger redemption. You find better redemptions with 5 night stays since that fifth night is 0 points.

"Free" points from timeshare presentations is still one of the cheapest ways to accumulate them.
 
Venter said:
We uad four options today checking in at Surfwatch.
1. 40 000 Bonvoy points.
2. 500 Abound points food for 2 years.
3. $300 to spend at resort and some restaurants on the island.
4. $250 of maintenance fees.

To sweeten the deal we were offered wrist bands to come into the preferred check in lounge any time throughout our stay for snacks, sodas and wine or beer.
Click to expand...
Nice
 
wballoni said:
I don't know how you guys can stand those presentations. I can't stomach them.
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Why? If you can make $200 an hour you aren't interested? You simply tell them that even if you gave me the points for free there is no way I'm going to pay 81 cents in maintenance fees when I can rent the points for far less than that. They never have an answer for that.
 
I was just offered 80K Bonvoy, $400 Marriott gift cards, 500 Abound Points, $400 local restaurant cards or $200 Visa card. I really wanted to take the 80K Bonvoy but I don't have near term plans to use those, so I took the $400 Marriott gift cards.
 
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