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CLOSED: Thread Dedicated to the Upcoming/Anticipated Integration of Vistana & Marriott Ownerships (Marriott Link + Vistana Discussion)

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dioxide45

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I wouldn't be surprised if over 80% of the WKORV/N developer purchases are still owned by the original buyers considering the 'losses' involved in selling. The resale market has picked up recently but I've seen many years where barely 10 or 20 units were sold on Redweek (admittedly it's not the only sales method but is probably indicative of the market).
I would tend to agree. 18-20 years isn't that long in the timeshare timeline. Some older owners may have passed it on to adult children or still own it. There are also the people that come in and "upgrade", so Vistana takes that back and turns around to resell it again as brand new.
 

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I know @DeniseM closed the question thread for a break but I think we need more clarification on this as there seems to be more info needed by the informant. This sounds like if you pay a VSN fee you’re in the club and can convert. But mandatory resale owners who are not retro cannot convert? I always assumed those who could convert to bonvoy (developer/resale mandatory) would be able to swim in the combined pool.

“Assume that Resale-Enrolled [3-Mandatory or 4-Voluntary] can also participate in the DC-Program.
Sounds like if you a pay a VSN fee, you can convert, if you don't pay a fee you can't

Will Resale-Non-Enrolled [5-Mandatory or 6-Voluntary] units be eligible to participate in the DC-Program for an additional cost?
resale owner will not be able to convert. I am pretty sure mandatory owners will not be able to convert also.”

@dioxide45
I see now that you asked the same thing. I agree, I think the latter will be true but it will be interesting to see. If the VSN dues go up for all then we may all be able to convert or get the free II exchanges. Also, the informant said orlando properties won’t fare well and aren’t worth keeping so upgrade now….. I disagree. I’ll keep my orlando units for the lower maint fees and star options usage. Plus being they are in Florida there is an easier exit strategy for when Marriott decides to really muck things up.
 

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I will add your question to the thread - thank you.
 

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Seems like there has been a big uptick in rental activity too. Not sure if this is just a post-COVID catch up or a longer term trend. One downside is that more prime weeks are reserved as rentals and by people who know the drill. That might be a bigger issue than competition from MVC owners who will have to pay a lot of points to get into WKORV/N.
 

CalGalTraveler

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I agree that there are still many retail owners. Anecdotally we have several friends who bought retail, and many of the people we meet at the resort bought retail. One of our friends bought 2 VOIs so they could pass a unit down to each of their 2 kids when they die - and they are quite young!

Regardless of resell/retail. If my prior post is correct, prime WKORV inventory won't be impacted when owners need to reserve at 12 months if they reserve prior to the DP deposit deadline. Unless MVC plays games with the inventory, all owners will still have access to prime weeks because enrolled owners won't enroll their weeks until later in the reservation year. MVC cannot strip out inventory weeks to DP that have already been reserved by legacy owners.
 
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pacman777

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I know @DeniseM closed the question thread for a break but I think we need more clarification on this as there seems to be more info needed by the informant. This sounds like if you pay a VSN fee you’re in the club and can convert. But mandatory resale owners who are not retro cannot convert? I always assumed those who could convert to bonvoy (developer/resale mandatory) would be able to swim in the combined pool.

“Assume that Resale-Enrolled [3-Mandatory or 4-Voluntary] can also participate in the DC-Program.
Sounds like if you a pay a VSN fee, you can convert, if you don't pay a fee you can't

Will Resale-Non-Enrolled [5-Mandatory or 6-Voluntary] units be eligible to participate in the DC-Program for an additional cost?
resale owner will not be able to convert. I am pretty sure mandatory owners will not be able to convert also.”

Not ruling it out but that would be too good to be true for all the WKV resale owners and would increase the resale value of WKV even more than it is currently given that it is the lowest MF resort that is mandatory
 

dioxide45

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I agree that there are still many retail owners. Anecdotally we have several friends who bought retail, and many of the people we meet at the resort bought retail. One of our friends bought 2 VOIs so they could pass a unit down to each of their 2 kids when they die - and they are quite young still!

Regardless of resell/retail. If my prior post is correct, prime WKORV inventory won't be impacted when owners need to reserve at 12 months if they reserve prior to the DP deposit deadline. Unless MVC plays games with the inventory, all owners will still have access to prime weeks because enrolled owners won't enroll their weeks until later in the reservation year. MVC cannot strip out inventory weeks to DP that have already been reserved by legacy owners.
It is very likely that an owner will need to elece to Club Points by Sept 30 or Oct 31 of the year prior to the use year. An owner will need to make a specific decision to elect. I think one can elect up to 25 months prior to the start of their use year. So much will depend on how many people elect points for prime inventory. WIth Vistana it is different than MVC. MVC didn't already have a points program where Vistana does. Many people despised II and liked the ability to reserve directly through Marriott. With Vistana, the most owners already have that ability.
 

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Agreed. I believe most will wait until the deadline to deposit. So that should give legacy owners an ability to reserve whale and summer weeks prior to the DP deadline. The 13 month priority worried me but now it does not as I can see that legacy weeks owners still have access to inventory (which they should).

If MVC starts aggressive ROFR that will only increase the value. Our resale has actually gone up several thousand in value. With ROFR ???? For once we may own a TS that may be worth more than we paid!
 
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dioxide45

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Agreed. I believe most will wait until the deadline to deposit. So that should give legacy owners an ability to reserve whale and summer weeks prior to the DP deadline. The 13 month priority worried me but now it does not as I can see that legacy weeks owners still have access to inventory (which they should).
Also consider that for every owner that elects Club Points, it is also an owner that is no longer competing for a home resort reservation. So even if they elect early, the supply/demand stays the same.
 

CalGalTraveler

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Also consider that for every owner that elects Club Points, it is also an owner that is no longer competing for a home resort reservation. So even if they elect early, the supply/demand stays the same.

Wouldn't MVP strip out a week out of inventory upon election? Or do they have a history of stripping out bulk? If so when do they typically do that for MVC legacy owners?
 

vikingsholm

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I have a more basic question, just looking for a general answer, not specific program details yet.

I have not followed all the previous threads about the merger, so this may have been covered there before, but there are so many pages to wade through that if someone can answer simply, that would help.

We only own Marriott, and are enrolled in the DC program as well as owning Marriott re-sell weeks separately.

I do not understand much of what I've read about the Westin program and conversion on the Westin/Vistana side, since we do not own those.

My question is:

Assuming those Westin owners who decide to join in the Marriott DC program begin to trade with points for Marriott properties with this change, are they essentially making their Westin units available on a points basis to both Marriott and Westin previous owners?

Then, if they deposit Westins into the points exchange program, do those become available to Marriott owners automatically, or only if Marriott owners enroll separately in some enhanced DC program that includes Westin?
 

dioxide45

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Wouldn't MVP strip out a week upon election? Or do they have a history of stripping out bulk? If so when do they typically do that for MVC legacy owners?
We don't really know how MVC handle inventory when an owner elects Club Points. For resorts with long seasons or a season that takes up the entire year like Hawaii, we don't know how MVC handles the inventory when an owner now wants to use DC points. Technically that week being in the MVC Exchange Company has the ability to reserve any week of the year at a resort. So it is possible that DC point reservations could snap up all the prime weeks of a season. There has been mention in the past that MVC allocates a proportionate amount of inventory from each week of a season to DC point and week reservations based on the percentage of weeks elected and owned by the trust vs the number of weeks still under weeks inventory. But in the end, MVC isn't forthcoming with how they manage the inventory between the systems.
 

dioxide45

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My question is:

Assuming those Westin owners who decide to join in the Marriott DC program begin to trade with points for Marriott properties with this change, are they essentially making their Westin units available on a points basis to both Marriott and Westin previous owners?

Then, if they deposit Westins into the points exchange program, do those become available to Marriott owners automatically, or only if Marriott owners enroll separately in some enhanced DC program that includes Westin?
It would seem that you are understanding correctly. When a Vistana owner elects Club Points, their underlying ownership becomes available for all DC point users to reserve. So as a Marriott only owner, you would potentially able to book a Westin or Sheraton property where the owner elected Club Points.
 

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One other thought: If an owner at WKORV enrolls their week into DP, does that mean that owner will compete with other resort owners (e.g. Marriott, WKV) if they want to reserve at WKORV?

If this is true, then a lot of premier inventory will stay in Vistana because WKORV and OF owners will want priority access to inventory rather than deposit their week in DP and compete with MVC. MVC cannot strip out the weeks if not deposited into DP. And because I think it must be deposited in advance for the year, most owners will likely stick with status quo and if plans change last minute they can cancel and trade in SOs.

If the above is true, then even enrolled retail owners may not necessarily deposit into DPs. As @dioxide45 indicated, this will look a lot like MOC Lahaina and Napili unenrolled. The difference with Vistana Mandatory vs. MVC is that such owners still have an option to trade SOs and don't need to decide in advance of the year whereas MVC owners don't have that option.

Unless I knew I wanted to trade into specific MVC property, why would I deposit an expensive unit? Even then, why would an owner want to risk competing with all MVC owners to get the unit I want when I can rent our VOI for $5000 a week and then use the money to rent the exact MVC unit I want. (more hassle but...)

The mistake most Marriott owners made at the start of the new system was to think of the DC as the primary way to play in the timeshare arena. This lead to a lot of negativity. As time went on we learned to use it as a secondary enhancement.
I suggest this is the same way Vistana owners need to look at it. If you elect your week you will be competing against all other owners. Why would you want to do that though? You will get less points and wont be able to get a whole week back and you will compete for the reservation with more people. If you bought to use just do that. Your deed cannot be changed and that gives you the priority and a whole week. This is why you should make plans well ahead of time.
On the other hand if you want to exchange then deposit your unit to stand a better chance of getting what you want (if you have the points) ad it sounds ad if DC exchange will have priority to book over Vistana. 12-13 months instead of months out. If you want flexibility then deposit for points because you will be able to book smaller units or 1-7 days.
So if you know what you want to do for your vacation well in advance or not (flexibility) then you can make it work most of the time.
As for units beng available 8n different pools. There was lots of talk ahead of time and after the change occurred, about this subject in the Marriott forum. Reality was though that although there are different buckets Marriott made it work pretty seemlessly without much starving of any of the buckets by moving points around as needed. Remember it is not in their favour to have a product that does not work ad word will spread and nobody will want to buy or rescind ad soon ad they here the hot tub rumours.
My last word is to just see how things work out instead of working oneself up for things that may not transpire and be working out better than expected.
 

tschwa2

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Not ruling it out but that would be too good to be true for all the WKV resale owners and would increase the resale value of WKV even more than it is currently given that it is the lowest MF resort that is mandatory
No it won't increase the value of mandatory resales because it will likely be similar to Marriott's program where you have to own by the official full launch date to be eligible to enroll without the fairly substantial DC points purchase to enroll.
 

dioxide45

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No it won't increase the value of mandatory resales because it will likely be similar to Marriott's program where you have to own by the official full launch date to be eligible to enroll without the fairly substantial DC points purchase to enroll.
Right now, based on replies by Denise's contact, any kind of resale (unqualified ownership( will be froze out. This would be different from Marriott's program where they allowed resale weeks that were acquired prior to the changes to enroll.
 

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It would seem that you are understanding correctly. When a Vistana owner elects Club Points, their underlying ownership becomes available for all DC point users to reserve. So as a Marriott only owner, you would potentially able to book a Westin or Sheraton property where the owner elected Club Points.
And since only DC points will be sold supposedly once the integration is completed, all unsold VSE inventory and ROFR'd units will be added to the DC Trust. So, there should more Westin and Sheraton available for DC exchange.
 

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Right now, based on replies by Denise's contact, any kind of resale (unqualified ownership( will be froze out. This would be different from Marriott's program where they allowed resale weeks that were acquired prior to the changes to enroll.
Resale weeks can be enrolled, not traded in, by buying some amounts of DC points.
 

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I know @DeniseM closed the question thread for a break but I think we need more clarification on this as there seems to be more info needed by the informant. This sounds like if you pay a VSN fee you’re in the club and can convert. But mandatory resale owners who are not retro cannot convert? I always assumed those who could convert to bonvoy (developer/resale mandatory) would be able to swim in the combined pool.

“Assume that Resale-Enrolled [3-Mandatory or 4-Voluntary] can also participate in the DC-Program.
Sounds like if you a pay a VSN fee, you can convert, if you don't pay a fee you can't

Will Resale-Non-Enrolled [5-Mandatory or 6-Voluntary] units be eligible to participate in the DC-Program for an additional cost?
resale owner will not be able to convert. I am pretty sure mandatory owners will not be able to convert also.”

@dioxide45
I see now that you asked the same thing. I agree, I think the latter will be true but it will be interesting to see. If the VSN dues go up for all then we may all be able to convert or get the free II exchanges. Also, the informant said orlando properties won’t fare well and aren’t worth keeping so upgrade now….. I disagree. I’ll keep my orlando units for the lower maint fees and star options usage. Plus being they are in Florida there is an easier exit strategy for when Marriott decides to really muck things up.
VSN fee is for Staroption exchange and available to all mandatory units including resale. But unauthorized resales can not be enrolled to the DC program without buying DC or flex points at this time.
 

tschwa2

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Right now, based on replies by Denise's contact, any kind of resale (unqualified ownership( will be froze out. This would be different from Marriott's program where they allowed resale weeks that were acquired prior to the changes to enroll.
I agree that resales probably won't be eligible but even if they were allowed it wouldn't increase the resale value because of the date restriction which would certainly be in place even if they allowed resales to join for a sub $5000 fee.
 

CalGalTraveler

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I agree that resales probably won't be eligible but even if they were allowed it wouldn't increase the resale value because of the date restriction which would certainly be in place even if they allowed resales to join for a sub $5000 fee.
Are you referring to 13 month reservations?

If so not necessarily true. Read my prior posts on DP deposit dates. Enrolled elections won't deposit inventory until after most 12 month legacy owner reservations have been made (unless MVC messes with inventory).
 

tschwa2

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VSN fee is for Staroption exchange and available to all mandatory units including resale. But unauthorized resales can not be enrolled to the DC program without buying DC or flex points at this time.
Am I missing something, can they any VSN owners be enrolled at this time? Are people who buy today immediately eligible to enroll their flex points for next year's usage?
 

tschwa2

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Are you referring to 13 month reservations?

If so not necessarily true. Read my prior posts on DP deposit dates. Enrolled elections won't deposit inventory until after the 12 month reservations have been made (unless MVC messes around with inventory).
No my original response was to PACMAN #490. Who thought IF mandatory resales were allowed in it would increase resale value for WKV.
 

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I have a more basic question, just looking for a general answer, not specific program details yet.

I have not followed all the previous threads about the merger, so this may have been covered there before, but there are so many pages to wade through that if someone can answer simply, that would help.

We only own Marriott, and are enrolled in the DC program as well as owning Marriott re-sell weeks separately.

I do not understand much of what I've read about the Westin program and conversion on the Westin/Vistana side, since we do not own those.

My question is:

Assuming those Westin owners who decide to join in the Marriott DC program begin to trade with points for Marriott properties with this change, are they essentially making their Westin units available on a points basis to both Marriott and Westin previous owners?

Then, if they deposit Westins into the points exchange program, do those become available to Marriott owners automatically, or only if Marriott owners enroll separately in some enhanced DC program that includes Westin?
Westin and Sheraton units exchanged to the DC program will be available to all DC owners.
 

dougp26364

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I have no idea who Denise's contact is - and I'm not asking - but I'd be very surprised to find it's a low-level salesperson or manager. Marriott doesn't easily give up information for public consumption and anyone in the org who decides to do it for themselves is pretty much gone immediately. IMO the info that Denise is sharing is too advanced to be coming from Sales unless it's at the executive level and in conjunction with the product development higher-ups.

Vistana people are lucky to have this contact and to have Denise working with him/her! Marriott people didn't have that until our moderator, DaveM, was able to develop it after the DC rollout - we were hit with this huge shift from Weeks to Points overnight, BAM!, after YEARS of sales speculation and threats, a great deal of which never came to fruition. Enjoy your "soft rollout" period, use it to your advantage to learn as much as you can, and thank Denise every day that she cultivated this contact whoever it is.

And whatever else you do, keep an open mind and listen to your fellow Vistana TUGgers who join whatever this new thing is and then generously share their experience with it. The overall tenor on the TUG Marriott forum at the DC rollout was negative. I mean, very negative! Over the years that's changed and we who are enthusiastic members of the Destination Club have many different reasons why. It has its negatives, of course, but for many of us it's not at all the money-sucking too-confusing worthless scheme that was predicted by many at the outset to fail spectacularly.

Good luck! ;)

I was pretty negative at first. It wasn’t exactly what I expected and I definitely didn’t like the skim. I was accustomed to the DRI points program and Marriott’s was different. They exchanged the ski for fees. The reality I’ve come to see is it evens out.

Over time, two decades worth of changes in various systems I’ve learned to calm down a bit, relax and see what advantages I can glean from what’s new. I no longer fear using what I have, because that’s never really happened. That’s just fear used by some sales people trying to get people to buy.

The best thing everyone can do is wait. Wait and see what’s in writing. The insight Denise’s contact has provided makes perfect sense to me knowing what I know about the previous change from weeks to trust, it just won’t be as big of a shock for Marriott owners.
 
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