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

[DanCali]

I was told that you can't book less than 7 days without owning at least 4000+ points

You can book 1+ nights at 10 months out for anything less than 7000 points.

You can book 1+ night at 13 months out with 7000 or more points.

 

[duke]

Went to Owners Update:

DC points for each:
WMH - Platinum - 3,150
Princeville - 4,300
SMV - Winter - 3,125
VV - Prime - 2br - 2,950

Was also told:
1. Maui would be 7,450
2. No sales of deeded units or Flex after merger. Only sales of DC points.
3. DC points will cost 15.92/point
4. DC points allocated to current VSE owners are dependent on location, season, and PRICE PAID.
5. No requals or trade in after merger.

Received $150 for attending.

 

[Ken555]

5. No requals or trade in after merger.

Yeah, sure.

 

[robertk2012]

Went to Owners Update:

DC points for each:
WMH - Platinum - 3,150
Princeville - 4,300
SMV - Winter - 3,125
VV - Prime - 2br - 2,950

Was also told:
1. Maui would be 7,450
2. No sales of deeded units or Flex after merger. Only sales of DC points.
3. DC points will cost 15.92/point
4. DC points allocated to current VSE owners are dependent on location, season, and PRICE PAID.
5. No requals or trade in after merger.

Received $150 for attending.

Price paid???


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[DanCali]

Went to Owners Update:

DC points for each:
WMH - Platinum - 3,150
Princeville - 4,300
SMV - Winter - 3,125
VV - Prime - 2br - 2,950

Was also told:
1. Maui would be 7,450

I'm sure WPORV are not happy finding out that now they are worth 57% of Maui after being on par all these years...

 

[VacationForever]

Price paid???


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Original developer price, presumably adjusted to net present value. I see a loose correlation in MVC weeks to DC point conversion.

 

[DanCali]

Price paid???


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I assumed that meant developer pricing.

 

[VacationForever]

I won't trust any of these conversion numbers given out by sales people. None of these is official number.

 

[CalGalTraveler]

4. DC points allocated to current VSE owners are dependent on location, season, and PRICE PAID.
5. No requals or trade in after merger.

Thanks for sharing. What did you decide?

Well these are deal-killers for us. We don't need to trade because we trade in SOs and HGV which is much less expensive and simple. We'll continue to enjoy our existing WKORVN OF smiling all the way to the bank!

 

[duke]

I won't trust any of these conversion numbers given out by sales people. None of these is official number.

These are official numbers. I have my sheet and the DC points are clearly listed.
They said these were released today.
AGAIN, I got a copy of my official sheet with all the info.

AND, yes, sucks for Princeville vs Maui.
AND, yes, YOUR purchase price is figured into your DC point conversion.....per meeting today.

 

[DanCali]

I won't trust any of these conversion numbers given out by sales people. None of these is official number.

Agree, but his is all quite consistent with the current point allocation in the DC to the Marriott resorts.

Maui gets a relatively generous points allocation compared to everything else, even other Hawaii islands.

 

[robertk2012]

These are official numbers. I have my sheet and the DC points are clearly listed.
They said these were released today.
AGAIN, I got a copy of my official sheet with all the info.

AND, yes, sucks for Princeville vs Maui.
AND, yes, YOUR purchase price is figured into your DC point conversion.....per meeting today.

“Official” like all of the documents they print out in their little binders of BS.


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[robertk2012]

These are official numbers. I have my sheet and the DC points are clearly listed.
They said these were released today.
AGAIN, I got a copy of my official sheet with all the info.

AND, yes, sucks for Princeville vs Maui.
AND, yes, YOUR purchase price is figured into your DC point conversion.....per meeting today.

Everyone’s purchase price is different…so will they all be different conversions?


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[DanCali]

AND, yes, YOUR purchase price is figured into your DC point conversion.....per meeting today.

This is the biggest BS I heard from sales in a long time. They don't even know the purchase price for my resale weeks since WKV and HRA have no ROFR....

 

[duke]

“Official” like all of the documents they print out in their little binders of BS.
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My numbers posted are NOT from the "binder".
They are from my "Daily Tour Profile Report"
This is MY PROFILE.
So, my DC conversion points are relative to whatever means they use (including purchase price) to determine how many DC points I can convert to.
Again, this sucks.
Oh, and to add - your ELITE status is in VSE not DC.
They have not determined if they will "grandfather" your VSE status into DC.
This did say that your "election value" (DC Point value) is what determines your DC Status.
Also, the 10% starpoint bonus you get for being 5 Star Elite is only available in the VSE program.
In the DC program your Chairman level only allows conversion 75% of your SO int SP with no bonus.....

 

[VacationForever]

It is developer price not "your" purchase price.

 

[VacationForever]

My numbers posted are NOT from the "binder".
They are from my "Daily Tour Profile Report"
This is MY PROFILE.
So, my DC conversion points are relative to whatever means they use (including purchase price) to determine how many DC points I can convert to.
Again, this sucks.

Your Daily Tour Profile Report is prepared by the local sales team. It is not official until it is published by Vistana and Marriott, and when they show up on your dashboard.

 

[alexadeparis]

This is the biggest BS I heard from sales in a long time. They don't even know the purchase price for my resale weeks since WKV and HRA have no ROFR....

On my sheet that i saw but did not get a copy of, although i got a picture i believe the original price paid by the original owner WAS listed. Obviously that was NOT the price i paid for the resale. Note that the circled one is the only one i actually bought from them, they circled that, maybe for that reason?

 

[dioxide45]

This is the biggest BS I heard from sales in a long time. They don't even know the purchase price for my resale weeks since WKV and HRA have no ROFR....

The do know the original contract sales price though.

 

[VacationForever]

On my sheet that i saw but did not get a copy of, although i got a picture i believe the original price paid by the original owner WAS listed. Obviously that was NOT the price i paid for the resale. Note that the circled one is the only one i actually bought from them, they circled that, maybe for that reason?


View attachment 52310

Did you pay $21,990 for every other year SVR in 2011? It seems pretty high. If not, then maybe it is adjusted for net present value.

 

[alexadeparis]

Did you pay $21,990 for every other year SVR in 2011? It seems pretty high. If not, then maybe it is adjusted for net present value.

It was for TWO units that one and the one below that they have crossed out they are both 81000 SOs each total 162000 Eoy

 

[Eric B]

On my sheet that i saw but did not get a copy of, although i got a picture i believe the original price paid by the original owner WAS listed. Obviously that was NOT the price i paid for the resale. Note that the circled one is the only one i actually bought from them, they circled that, maybe for that reason?


View attachment 52310

The data sheets they showed me at my recent update at WSJ listed the original price paid by someone for the weeks I own as being "equity" along with another column titled "resale equity" and didn't include any indication of how many DC points the various (all resale) weeks would be eligible to trade for if requalified or anything like that. No idea who is making up these data sheets for the sales force, but if they really want to get any kind of persuasive point out, they ought to standardize the type of manure they are spreading. It doesn't seem like they are equipped to deal with owners sharing information from these presentations....!

 

[robertk2012]

My numbers posted are NOT from the "binder".
They are from my "Daily Tour Profile Report"
This is MY PROFILE.
So, my DC conversion points are relative to whatever means they use (including purchase price) to determine how many DC points I can convert to.
Again, this sucks.
Oh, and to add - your ELITE status is in VSE not DC.
They have not determined if they will "grandfather" your VSE status into DC.
This did say that your "election value" (DC Point value) is what determines your DC Status.
Also, the 10% starpoint bonus you get for being 5 Star Elite is only available in the VSE program.
In the DC program your Chairman level only allows conversion 75% of your SO int SP with no bonus.....

Starpoint? If they won’t put it in the contract it isn’t even worth the toilet paper in the bathroom.


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[DanCali]

The do know the original contract sales price though.

Yes, they would know the original developer sales price.

But @duke implied it was "YOUR" purchase price which, I can believe would be something told by a salesperson in an effort to get you to spend...

 

[jabberwocky]

It was for TWO units that one and the one below that they have crossed out they are both 81000 SOs each total 162000 Eoy

That's almost identical to what we paid for our EY SVR (also in 2011).