CPNY
TUG Member
- Joined
- Jun 18, 2019
- Messages
- 7,621
- Reaction score
- 4,499
- Resorts Owned
-
Harborside Resort at Atlantis
SVV - Key West/Bella
WKV
Regal Vista at Massanutten
With that logic one can ask then why not let voluntary resales play in the DC too? One can apply the same argument there. Everybody gets grandfathered... I guess that's also possible.
I've seen some of the ambiguous footnotes, but I would still be very surprised (and maybe remorseful that I didn't rush to buy some WKORV weeks this weekend) if they let mandatory resale weeks in. If they do let mandatory resale weeks in and those owners "end up wanting more" like you say, why would those owners buy from Marriott? Those same owners are already familiar with the resale market and know resale points are cheaper and just as good. There is no immediate incentive to buy from MVCI. But if they keep as many owners as they can out of the DC, now they can lure them into a presentation and tell them that the only way to get in is to buy from them. It's more likely to work with Hawaii owners because 8000+ DC points is a good value on all fronts. But would those owners pay $30K+ just to have access to what they probably view as inferior resorts? Time will tell... But the "long game" seems a much more profitable strategy for MVC.
My MVC weeks are a mix of enrolled and unenrolled, and my enrolled weeks can convert to 12K+ points which is plenty for us. My Vistana weeks are all retro'd. Sure I'll be glad if they let those weeks in the system, but given the conversion value of WKV I am certain we'll rarely or even never convert those to DC points, just like we never converted to hotel points (and WKV 2BR Plat has a relatively great rate on that front - 216K Bonvoy points). It's much more cost effective to rent out the weeks and then rent points as needed. And I guess we'll see what happens with the HRA weeks. So the most immediate benefit to us would be Chairman instead of Presidential - nothing to write home about....
Because voluntary resales aren’t even part of the VSN now. Why grant them something they were not legally bound to? Mandatory resorts legally have to be part of the club and the club has to be part of the network that the operator is running. If the operator is changing the rules of the current network, then the case can be made that the rules would apply to the mandatory resorts. I’m sure others who know more can weigh in on the legality of the mandatory participation.