seema
TUG Member
1. Traditional method - depositing deeded week directly to II.
2. New Method - converting deeded week into Vacation Club points, and then requesting from enrolled owners' week inventory, or (as in my case, upgraded by purchase of VC points, to premier status) from the trust inventory.
3. New Method - two step method - converting deeded week into VC points, and then depositing VC points to II, and then asking for a Marriott week.
Why would anyone use the third method.
Well, first if it is legal - as per the MVCI/II contract. If it is, then here are my thoughts.
My Ko Olina 2 bedroom ocean view unit gets me 4950 VC points every year, if I use method 2. However, if I deposit 4500 VC points with II, I can ask for a 2 bedroom week, during prime season. Most, if not all, Marriott weeks would likely have an associated travel demand index to be considered prime weeks. So, assuming I can access Maui weeks, this method would leave me with 450 VC points left over each year? What do you think? The only disadvantage: the Marriott VC points which I am using to deposit into II will likely mean that MVCI will deposit a week into II with a much lower trading power than my Ko Olina unit, so my chances of accessing the Maui week deposited directly into II would very low.
The chances of accessing the Maui unit would be highest with method 2 - but they would be the most expensive way (for me) to access the units. A 2 bedroom unit with ocean view in the summer time would cost a lot more than the 4950 VC points I can obtain, by electing to deposit my week into the VC points pool.
2. New Method - converting deeded week into Vacation Club points, and then requesting from enrolled owners' week inventory, or (as in my case, upgraded by purchase of VC points, to premier status) from the trust inventory.
3. New Method - two step method - converting deeded week into VC points, and then depositing VC points to II, and then asking for a Marriott week.
Why would anyone use the third method.
Well, first if it is legal - as per the MVCI/II contract. If it is, then here are my thoughts.
My Ko Olina 2 bedroom ocean view unit gets me 4950 VC points every year, if I use method 2. However, if I deposit 4500 VC points with II, I can ask for a 2 bedroom week, during prime season. Most, if not all, Marriott weeks would likely have an associated travel demand index to be considered prime weeks. So, assuming I can access Maui weeks, this method would leave me with 450 VC points left over each year? What do you think? The only disadvantage: the Marriott VC points which I am using to deposit into II will likely mean that MVCI will deposit a week into II with a much lower trading power than my Ko Olina unit, so my chances of accessing the Maui week deposited directly into II would very low.
The chances of accessing the Maui unit would be highest with method 2 - but they would be the most expensive way (for me) to access the units. A 2 bedroom unit with ocean view in the summer time would cost a lot more than the 4950 VC points I can obtain, by electing to deposit my week into the VC points pool.