Not a WKV owner here, but can all weeks in platinum+ season be rented that high? A lot of owners might not be that sophisticated to take the renting route for their weeks, DP program gives them another way to use their ownership (especially when they could not get the weeks they prefer for the next year). To me, 4050 seems pretty fair. (Marriott Ko Olina MV or Waiohai IV gets similar number of points)
Not all VSN weeks rent as easy and as high as WKV [exception being Hawaii].
BTW: We rented 5 of our 6 2023 WKV-PLAT+ units for an average of ~$5200/Each [1BR-DX-A: $2400 + 1BR-PR-B: $2800].
Cannot possibly see anyway we would ever elect DC-Points for our WKV even if offered 5000-DCP.
Oddly our 2BR-WLR-PLAT+ units have been valued as 4950-DCP even though it is not as easy to rent and has lower Maintenance-Fees.
Our Presentation
I can't believe anything the salespeople say. At our presentation [Grand Chateau] this week the rep had ZERO info to offer us.
At least he was polite and didn't try to sell us anything.
I watched the entire 15-20 minutes Training-Video with him and the details in the training were vague [and ambiguous] at best.
Some-Notes I remember
- Soft-Launch: March-2022
- Full-Launch: Early-Summer-2022
- Exchange-Ability: 2023
- VSN will stop selling any Deeded-Weeks and stop selling any of the Flex-Programs shortly
- Retros-Reopened: Marriott reopened retro's of resale weeks on APR-14-2022 [1WK: 2500-DCP, 2WKS: 3500-DCP, 3-7WKS: 5000-DCP]
- Most likely MVCI will offer this as the only option to retro VSN-Resales. This works out to ~$35K-$40K for 1-Retro.
- If you can retro via the current VSN-Offer [1WK: $10K-Flex, Additional-Weeks: $5K-Each] it is a much cheaper path.
- VSN-Owners: Able to elect DCP annually
- VSN-Owners: Can continue to use VSN as before [including opting for II with MVCI-Benefits]
- VSN-Owners: Single Club-Dues [slightly higher but with many benefits]
- No mention of Mandatory [Direct/Resale/Retro] V Voluntary
- No mention of Eligibility or Enrollment-Fees
- No mention of Fees for hybrid accounts [Direct + Resale OR Non-Retro]
- No mention of a NEW-Level above Chairmans
- No Mention of St. Regis residences
- 3*/4*/5* Mapped to MVC Executive/Presidential/Chairmans
- 3*/4*/5* Mapped to Bonvoy Platinum/Titanium/Titanium
- Harborside & Riverfront will not be part of the Full-Launch. Most likely later.
My Inferences
Most likely we will continue with 2 x Accounts [MVCI + VSN]. The VSN-Account will have the option each year to choose DCP.
There will be
NO Combined-Account Status. I will continue to be Chairmans/Titanium with MVCI while wife will become Chairmans/Titanium with VSN [where she is the primary].
We will continue to have 2 x Interval-Accounts [VSN + MVCI] and both can avail of the Single-Club-Dues Benefits.