[2015] History of Marriott DC Point Price increases

[StevenTing]

I know when I went to a presentation a couple years ago the Sales person had a sheet that listed the date and the price of the price increases. I thought we had something like that on TUG.

Am I missing it? Does it exist? If not, do you think we can build it and add it to the FAQ?

I remember my first purchase being at $9.20 per point. It's now $12.66 I'd like to go back and review how often and how big the increases were. So far it's been 37.6% increase since inception.

 

[dioxide45]

I think we could recreate it with pretty accurate dates of the increases. Here is my contribution so far. Got much of it from this thread.



06/20/2010 - $9.20
$9.60
$9.85
$10.22
11/06/2011 - $10.94
$11.20
09/??/2012 - $11.64
03/??/2013 - $11.88
09/??/2013 - $11.96
??/??/2014 - $12.02
06/20/2014 - $12.12
09/11/2014 - $12.24
03/26/2015 - $12.48
06/18/2015 - $12.66

 

[dioxide45]

06/20/2010 - $9.20
$9.60
$9.85
$10.22
11/06/2011 - $10.94
$11.20
09/??/2012 - $11.64
03/??/2013 - $11.88
09/??/2013 - $11.96
??/??/2014 - $12.02
06/20/2014 - $12.12
09/11/2014 - $12.24
03/26/2015 - $12.48
06/18/2015 - $12.66
09/10/2015 - $12.92
03/24/2016 - $13.04

 

[SueDonJ]

There's a blurb on the owners.marriottvacationclub.com home page: "Ownership Pricing Increasing: Act Before July 14 [2016]" I don't know if the link isn't functioning yet or if it's the usual "try try again" glitch happening, but if anyone gets through and wants to post the details here it would be appreciated.

 

[GaryDouglas]

Purchase Specials

Add to Your Ownership at Current Prices and Get a Bonus Vacation!

Expand your vacation options and treat your family to bonus vacation time! When you add to your current ownership with a new purchase of 2,500 Vacation Club Points before July 14, 2016, you'll receive 2,500 Vacation Club PlusPoints! You may redeem your Vacation Club PlusPoints for up to 6 nights on average* at a Marriott Vacation Club® resort or property in popular destinations, such as Hawaii, California, New York and Florida.

Act now. Current prices increase July 14, 2016.

For details about this limited-time offer, scroll down to see the details of participation, request information or call 800-943-3704.

 

[SueDonJ]

Has the expected 7/14/16 price increase gone into effect? Thanks!

 

[Fasttr]

Has the expected 7/14/16 price increase gone into effect? Thanks!

After doing the math (knowing the down payment is 10%), it appears to be $13.18 per point as per THIS site.

 

[SueDonJ]

After doing the math (knowing the down payment is 10%), it appears to be $13.18 per point as per THIS site.

Thank you!

 

[tmmabey]

Point Cost

I can confirm, at a sales presentation in October 2016 at the Las Vegas Grand Chateau, the cost was presented as $13.18 per point.

This computes out to a total increase of 43.3% since inception 6 years ago, or an annual increase of 6.2% compounded annually.

The rate of increase was somewhat higher in the first 3 years, but has settled at an average of about 5% per year in the last 3 years.

 

[dioxide45]

06/20/2010 - $9.20
$9.60
$9.85
$10.22
11/06/2011 - $10.94
$11.20
09/??/2012 - $11.64
03/??/2013 - $11.88
09/??/2013 - $11.96
??/??/2014 - $12.02
06/20/2014 - $12.12
09/11/2014 - $12.24
03/26/2015 - $12.48
06/18/2015 - $12.66
09/10/2015 - $12.92
03/24/2016 - $13.04
07/14/2016 - $13.18

 

[JIMinNC]

06/20/2010 - $9.20
$9.60
$9.85
$10.22
11/06/2011 - $10.94
$11.20
09/??/2012 - $11.64
03/??/2013 - $11.88
09/??/2013 - $11.96
??/??/2014 - $12.02
06/20/2014 - $12.12
09/11/2014 - $12.24
03/26/2015 - $12.48
06/18/2015 - $12.66
09/10/2015 - $12.92
03/24/2016 - $13.04
10/??/2016 - $13.18

I recall another thread that mentioned the increase to $13.18 happened sometime in September, or maybe even late August. Not sure exactly, but I recall it's been at that level for a few weeks to a month or so.

 

[Fasttr]

I recall another thread that mentioned the increase to $13.18 happened sometime in September, or maybe even late August. Not sure exactly, but I recall it's been at that level for a few weeks to a month or so.

Look back a few posts. It was July 14th.

 

[dioxide45]

I fixed my post.

 

[BigMac]

This points price increase information is good to know and keep track off. Could someone post it as a "sticky" so it can be added to as Marriott makes changes? Also maybe in the same post we could have the same info about points ROFR changes.

 

[SueDonJ]

This points price increase information is good to know and keep track off. Could someone post it as a "sticky" so it can be added to as Marriott makes changes? Also maybe in the same post we could have the same info about points ROFR changes.

We try not to put too many sticky threads in the forum, however, there's already an ongoing ROFR-related sticky thread where Weeks and DC Points info can be posted. This thread related to DC Points pricing is instead linked in the MVC DESTINATIONS Points Program FAQ sticky thread in the "~~ Direct Purchase of DC Trust Points ~~" section.

 

[BigMac]

MVC website notes there will be another DC points increase December 1st. Can someone find out how much when it happens?

 

[Fasttr]

MVC website notes there will be another DC points increase December 1st. Can someone find out how much when it happens?

I saw that too, but I also noticed they removed the pricing examples from that webpage, so you can't readily calculate the current price per point any longer, so unless that changes, that info is likely going to have to be via a report from somebody attending a presentation. Sneaky B#$tards.

 

[luv2trvl2]

Attended a presentation today and was told that the 12/1/2016 price would be just over $14. Did not get an exact price though.

 

[BigMac]

Not that one can always believe the sales hype, which was probably to get you to buy now, but if true that would be almost a 7% increase over the last price hike in July.

 

[dioxide45]

Not that one can always believe the sales hype, which was probably to get you to buy now, but if true that would be almost a 7% increase over the last price hike in July.

It would also be the biggest price hike to date. I think it will be a year or so before it goes over $14.

 

[Fasttr]

Heard from a salesperson who sends out periodic updates that the new rack rate per point is $13.32, effective 12/1/16

 

[rthib]

What would be interesting to see is what the real price is. The price listed is MSRP and is about as useful. I have yet to take a tour and not be offered the same "just this one time" reduction to introductory prices if I would buy then.

 

[SueDonJ]

I saw that too, but I also noticed they removed the pricing examples from that webpage, so you can't readily calculate the current price per point any longer, so unless that changes, that info is likely going to have to be via a report from somebody attending a presentation. Sneaky B#$tards.

Heard from a salesperson who sends out periodic updates that the new rack rate per point is $13.32, effective 12/1/16

I'm updating the FAQ based on this report. If anyone finds a new page on owners.marriottvacationclub.com that details current pricing, please let me know so I can add a working link. Thanks!

 

[Fasttr]

What would be interesting to see is what the real price is. The price listed is MSRP and is about as useful. I have yet to take a tour and not be offered the same "just this one time" reduction to introductory prices if I would buy then.

Actual prices are usually based on a percentage off the rack rate based on quantity of points purchased.

The usual ones I have seen (been offered) include;
10% off rack rate for purchase of 2500 points with other incentives
15% off rack rate for purchase of 2500 points with no other incentives
15% off rack rate for purchase of 3500 points with other incentives
20% off rack rate for purchase of 3500 points with no other incentives.

 

[pumbug]

Actual prices are usually based on a percentage off the rack rate based on quantity of points purchased.

The usual ones I have seen (been offered) include;
10% off rack rate for purchase of 2500 points with other incentives
15% off rack rate for purchase of 2500 points with no other incentives
15% off rack rate for purchase of 3500 points with other incentives
20% off rack rate for purchase of 3500 points with no other incentives.

We attended a sales presantation 11/30/16. Price was $13.18/point , 1st offer for the
min 2000 pt purchase was $13.18/ point...or .$26,360. ..price will increase 12/1 ....declined offer, and
come back offer was $4,000 disc and one time 600 additional points. Again declined as we are old and not adding more points...Based on these facts Offer was about 17.9% discount for immediate purchase.

They did not reveal the new 12/1 price/pt ...but if it's $13.32 as indicated above its about a 1.5% raise along the lines of the increases noted above