Chairman Level

[Kalaki2]

We are new to the Chairman Level and we were wondering if anyone has any unknown benefits or secrets to share about the chairman level.

 

[jabberwocky]

We are new to the Chairman Level and we were wondering if anyone has any unknown benefits or secrets to share about the chairman level.

If we told you they wouldn’t be secret benefits…would they.

 

[daviator]

The first rule of Chairman Level is... we don't talk about Chairman Level.

 

[dougp26364]

If there’s any secrete benefits, I haven’t found them. We enjoy the 24 month points baking, but it gets complex sometimes when we’re looking at taking a couple of big point requirement vacations in one year and may need to borrow from the next year. We enjoy the better views and sometimes those cost us a little more than we had planned, depending on where we plan on going.other years the resorts we choose are low point value resorts, low season or the expensive view we desire isn’t available. Gulf front at Crystal Shores or Ocean front in Hawaii can be difficult to reserve, even at Chairman’s level. In years when we’ve planned on spending more points for a view and the view isn’t available, saving those points for 24 months instead of 12 or 18 allows me to adjust future vacation plans and take either a few long weekend trip or look at higher value destinations than we had originally planned.

 

[DRH90277]

If there’s any secrete benefits, I haven’t found them. We enjoy the 24 month points baking, but it gets complex sometimes when we’re looking at taking a couple of big point requirement vacations in one year and may need to borrow from the next year. We enjoy the better views and sometimes those cost us a little more than we had planned, depending on where we plan on going.other years the resorts we choose are low point value resorts, low season or the expensive view we desire isn’t available. Gulf front at Crystal Shores or Ocean front in Hawaii can be difficult to reserve, even at Chairman’s level. In years when we’ve planned on spending more points for a view and the view isn’t available, saving those points for 24 months instead of 12 or 18 allows me to adjust future vacation plans and take either a few long weekend trip or look at higher value destinations than we had originally planned.

I think you are saying you spend extra points to get special views, etc. but not because of any Chairman's Club status or privilege. I don't see much benefit to Chairman level over the level below it. Chairman level does allow you to pay an extra annual fee. You don't get a fancy badge, gold hat, headband, towel, or special swim trunks emblazoned with Chairman's Club. Sorry.

 

[SueDonJ]

I think you are saying you spend extra points to get special views, etc. but not because of any Chairman's Club status or privilege. I don't see much benefit to Chairman level over the level below it. Chairman level does allow you to pay an extra annual fee. You don't get a fancy badge, gold hat, headband, towel, or special swim trunks emblazoned with Chairman's Club. Sorry.

I think you're misunderstanding Doug. He appears to be saying that being able to bank out 24mos with Chairman's Club makes a difference when he's unable to get the higher-points-cost (ie oceanfront, gulf front, etc) views for reservations, which translates to a longer usage period for the surplus points not used for the unavailable views. I didn't read his post as an expectation that Chairman's Club confers intangible privileges or extra trinkets.

Although, even though I know not to expect it, over the years our CC status has been mentioned by the front desk staff when I thanked them for good unit placements, and twice we were greeted in a unit by a bottle of wine and thank-you message from the GM that mentioned CC status. I appreciate when it happens but don't make any demands that it should.

 

[Superchief]

I think you're misunderstanding Doug. He appears to be saying that being able to bank out 24mos with Chairman's Club makes a difference when he's unable to get the higher-points-cost (ie oceanfront, gulf front, etc) views for reservations, which translates to a longer usage period for the surplus points not used for the unavailable views. I didn't read his post as an expectation that Chairman's Club confers intangible privileges or extra trinkets.

Although, even though I know not to expect it, over the years our CC status has been mentioned by the front desk staff when I thanked them for good unit placements, and twice we were greeted in a unit by a bottle of wine and thank-you message from the GM that mentioned CC status. I appreciate when it happens but don't make any demands that it should.

We have had similar experience. I think Chairman status sometimes helps with villa assignment at some resorts. We typically stay at the same resorts every year, so I think being a repeat customer likely helps more than status.

 

[BigDawgTUG]

You don't get a fancy badge, gold hat, headband, towel, or special swim trunks emblazoned with Chairman's Club. Sorry.

Every now and then we have received a wrist band that says Chairman on it! On more than one occasion, we have received a bottle of wine in recognition of our Chairman status.

 

[ljmiii]

We are new to the Chairman Level and we were wondering if anyone has any unknown benefits or secrets to share about the chairman level.

The only 'secret' benefit I can think of is that 24 month banking window. COVID forced me to be much more aware of the flow of points and I've come to realize that the longer banking window has unforeseen advantages. In particular, using pre-banked points for reservations that are speculative - either a waitlist or one that you are unsure of that occurs after your banking window closes - is a useful tool. Ideally, you cancel 61+ days before so they don't go into holding but either way you actually have time to use those points.

Which actually brings me to another 'sort of secret' benefit - MVC recently changed the banking deadline from 4 months before the end of your use year to 2 months (or Oct 31st if you have a 'normal' Jan-Dec use year) for Chairman's Club owners.

 

[dougp26364]

I think you are saying you spend extra points to get special views, etc. but not because of any Chairman's Club status or privilege. I don't see much benefit to Chairman level over the level below it. Chairman level does allow you to pay an extra annual fee. You don't get a fancy badge, gold hat, headband, towel, or special swim trunks emblazoned with Chairman's Club. Sorry.

Pretty much. We bought the points because we wanted the points. Chairman’s just came with the purchase.
I do actually have a Chairman’s club wrist band room key

 

[vacationtime1]

The Vistana/Marriott merger put me in at 14975 points -- 25 short of Chairman's level.

That means I get to save $30/year on Club dues.

 

[bazzap]

The 24 month Banking feature with Chairman’s Club level was a huge benefit for us during the last few years with Covid restrictions.
This alone made it really worthwhile for us.

 

[normab]

We were Chairman’s level from the start until last year. We were told we were grandfathered, but after deeding back properties and buying points. Because we fell short of the new requirements we were demoted.

I tell this story because everyone’s life changes dictate how they travel. We are now doing more cruising and fewer timeshares, but typically better views, larger units or resorts that require more points. The big change for us is the extra banking period. We were not always recipients of great room views (especially Ocean Point, Maui Ocean and Kauai Beach Club), so even being Chairmen’s levels was not alway a guaranteed best room view.

But with the change to doing fewer timeshares stays requiring more points, we were letting points accumulate. Now we have to keep an eye on what’s expiring. never had to do that before.

Enjoy those extra 6 months!!

 

[tperez]

The merger moved us up to Chairman's level and the biggest benefit we've found so far is the 30% discount on points required for reservations with stays less than 60 days out. Since we're both retired (and have no kids or pets at home) we have a lot of flexibility and this 30% discount really stretches out our ownership.

 

[hangloose]

As Presidential, I'm not eager yet to move to Chairman's Club. The benefit difference is not worth it. Only real benefit I see is the extra 6 months for banked points.

If MVCI were willing to allow me to enroll my 2 HI resale weeks, with a reasonable cost...with or without a small Vacation Club purchase (which I don't really need).....I'd bite. I'd really just like all my weeks to have the same options, functions, features....for simplicity and commonality. I just cannot yet fathom the $50k for 4k Pts along with enrolling my 2 resale weeks. Cut that to $30k, and I'd be more interested.

 

[dansimms]

I like the fact that we have enough points to be on several wait lists at the same time for peak demand resorts in the program. We had success with a couple of the 5 Ritz Carlton properties, but you have to wait until 6 months out to wait list for them. I might have one wait list that is for 3 of the nights I need and another for 4 of the nights I need. If they come through, I have enough points to try to also book it within 60 days and if successful, I can cancel my first reservation that was at full Destination Point price. You may also get more invitations to tour, because they see you may have bought a few times direct from the developer. I also mentioned my Chairman status on a Ritz Carlton Yacht trip that was not full and amazingly, they gave us an upgraded suite! I doubt that would happen again, but it doesn't hurt to ask.

 

[DRH90277]

As Presidential, I'm not eager yet to move to Chairman's Club. The benefit difference is not worth it. Only real benefit I see is the extra 6 months for banked points.

If MVCI were willing to allow me to enroll my 2 HI resale weeks, with a reasonable cost...with or without a small Vacation Club purchase (which I don't really need).....I'd bite. I'd really just like all my weeks to have the same options, functions, features....for simplicity and commonality. I just cannot yet fathom the $50k for 4k Pts along with enrolling my 2 resale weeks. Cut that to $30k, and I'd be more interested.

MVC sales promotes the idea that one can easily get any reservation for any time. This is an immense falsehood. The best question in a presentation is to ask the sales rep to show you a reservation for your choice of locations at the time you want.

MVC will do what they want but the access of "the better" reservations for points is a big, big problem. I'm sitting here this morning considering whether to exchange my high demand beach weeks for points or rent them out for cash. It's not the right decision for the reservation starved Abound trust but my likely decision will be to rent them out. Cash is just a better and more usable currency than points.

hangloose - MVC should be anxious to enroll your weeks as they desperately need the better weeks. Consider carefully before you enroll your weeks as you could end up with points and little to spend them on that you want.

 

[jmhpsu93]

hangloose - MVC should be anxious to enroll your weeks as they desperately need the better weeks. Consider carefully before you enroll your weeks as you could end up with points and little to spend them on that you want.

Enrolling <> electing for points. It's only when you elect that MVC gets to use that week in the points system. All enrolling does is give you the option (and free M-M or M-V trades in II, which is why I enrolled our weeks).

 

[DRH90277]

Enrolling <> electing for points. It's only when you elect that MVC gets to use that week in the points system. All enrolling does is give you the option (and free M-M or M-V trades in II, which is why I enrolled our weeks).

Agreed, enrollment gives you the option to exchange for points. It is clearly to MVC's advantage to have weeks enrolled so they have a chance at getting the weeks for the points program. The legacy week inventory held by the points program trust is not as good as the inventory held by the many week owners.

 

[frank808]

I

As Presidential, I'm not eager yet to move to Chairman's Club. The benefit difference is not worth it. Only real benefit I see is the extra 6 months for banked points.

If MVCI were willing to allow me to enroll my 2 HI resale weeks, with a reasonable cost...with or without a small Vacation Club purchase (which I don't really need).....I'd bite. I'd really just like all my weeks to have the same options, functions, features....for simplicity and commonality. I just cannot yet fathom the $50k for 4k Pts along with enrolling my 2 resale weeks. Cut that to $30k, and I'd be more interested.

I have 12 MKO weeks unenrolled and I wouldn't pay $50K to enroll them all. For others it would make sense. I will just rent out whatever MKO weeks I can't use. That will at least cover MF and profit at least $100 per week, if not more.

Cannot justify paying MVC over $4K each week to be able to convert to Abound points. I will not deposit these weeks with II as the MF is to high. So no savings on II exchange fees. Only savings will be is on the lock off fee. $90 lock off fee would take almost 47 years without the time value of money to break even.

 

[capjak]

Have used the 30% discount at 60 days prior to arrival. Then using those points for resort credits or extending our stay.

 

[Kalaki2]

If there’s any secrete benefits, I haven’t found them. We enjoy the 24 month points baking, but it gets complex sometimes when we’re looking at taking a couple of big point requirement vacations in one year and may need to borrow from the next year. We enjoy the better views and sometimes those cost us a little more than we had planned, depending on where we plan on going.other years the resorts we choose are low point value resorts, low season or the expensive view we desire isn’t available. Gulf front at Crystal Shores or Ocean front in Hawaii can be difficult to reserve, even at Chairman’s level. In years when we’ve planned on spending more points for a view and the view isn’t available, saving those points for 24 months instead of 12 or 18 allows me to adjust future vacation plans and take either a few long weekend trip or look at higher value destinations than we had originally planned.

Thank you for taking the time responding. 24 month banking points is huge.

 

[Kalaki2]

We were Chairman’s level from the start until last year. We were told we were grandfathered, but after deeding back properties and buying points. Because we fell short of the new requirements we were demoted.

I tell this story because everyone’s life changes dictate how they travel. We are now doing more cruising and fewer timeshares, but typically better views, larger units or resorts that require more points. The big change for us is the extra banking period. We were not always recipients of great room views (especially Ocean Point, Maui Ocean and Kauai Beach Club), so even being Chairmen’s levels was not alway a guaranteed best room view.

But with the change to doing fewer timeshares stays requiring more points, we were letting points accumulate. Now we have to keep an eye on what’s expiring. never had to do that before.

Enjoy those extra 6 months!!

Thank you for the information.

 

[Kalaki2]

Have used the 30% discount at 60 days prior to arrival. Then using those points for resort credits or extending our stay.

Thank you

 

[Kalaki2]

Pretty much. We bought the points because we wanted the points. Chairman’s just came with the purchase.
I do actually have a Chairman’s club wrist band room key

We bought a bundle because I wanted a legacy week and that bumped us to chairman.