Ken, you may be correct.
Trading via StarOptions will become a different experience, but I don't know yet if it will become unsatisfactory. There may be fewer of those desirable weeks available for StarOption usage, but there may be less competition pursuing those best weeks because some of the competitors migrated to the DC, or gave up.
Similar concerns were raised that Interval trading would dry up after 2010 but I still get satisfactory trades. The predictability is harder but I still get great trades and early enough to be useful.
I still meet owners at the BBQ who own Maui Ocean Club weeks and would get lots of points for them, but 12 years in, they still harbor ill will towards Marriott and refuse to participate in the DC. I suspect there will be lots of Starwood owners who feel the same way -- they don't like being skimmed and think the system is overcomplicated, and know that they have more powerful currency remaining with StarOptions.
I think TUGgers will continue to make the most of whatever the system becomes.
Best,
Greg
Greg,
I’ve read your posts for years with interest, and envy your eternal optimism.
Finding value is not my problem. Part of the reason I enjoy timeshares so much is the “playing the game” component of learning the rules, seeking how best to utilize options, etc. I suspect I will continue to enjoy my WKV deed for some time, though I’m unclear at this point how I will use it with as much certainty as I have had for the last 16 years.
Don’t misunderstand my posts. I am critical of the integration plan and resort value in DP because it deserves criticism. Marriott seems to be taking a well oiled machine and adding so many new parts that it requires another engine just to keep going as fast, to the benefit of Marriott and Marriott only.
This is unlike our existing system whereby currently we have somewhat equality throughout our resorts - and there is no skim, no artificial value changes based on unit size, etc. This new program (to us) changes that dramatically, adding a class system where there was none, requiring additional points (ie devaluation) in order to get exactly what we have been obtaining for a long time, weird and strangely unjustified valuation on certain weeks (and that crazy 1bd + 1bed vs 2bd DP allocation differential), etc. It is, however, a system I would design to maximize profit for the management and development companies.
Even if it all stops for me this year (and it won’t), I will look back on my WKV purchase as a smart decision. If I was to sell my week now for a realistic price, my average nightly cost for an anticipated 356 nights (I have banked StarOptions so am making some assumptions on use) is just $93.15. And, if I am successful at renting my WKV week for next year that nightly average reduces to ~$80-85. In other words, I’m not so worried about my financial position…since if I am successful at renting and I am ultimately unable to use the week within the network as I have, I may be able to just rent it - which then might actually turn the purchase into a profit, given enough years. And I, for one, would take the time to rent it…assuming it is not an annoyingly large time investment.
Nevertheless, these changes with MVC/VSN and the recent Marriott hotel devaluation and switch to dynamic redemption pricing may push me to change to using a competitor more frequently than before. I still have significant BonvoyPesos to use and I have two of their credit cards, but I’ve already moved a majority of my spend to other cards and it just may be that time to reconsider everything…again.
Of course, I also recognize that my travel patterns have started to change after owning timeshares for 17 years. I am taking more cruises (I’m on a ship today, which is the second of four consecutive cruises on two ships over 33 nights, after which there is a land component of 15 nights that includes six nights will be at HGVC resorts in Scotland - my first time staying at HGVC, and of course offers me a glimpse at yet another program (undergoing its own transformation)). While I suspect I will always be interested in timeshares, I’m not oblivious to the need for flexibility. I gravitate toward programs which offer flexibility, value, and superior qualities…though often accept less. I will say I am disappointed that SVN/VSN wasn’t successful in adding numerous additional resorts as was the hope long ago, and even Marriott is not adding new destinations outside of acquisition (or am I misinformed?).
Change isn’t always bad. I’m still waiting for the official update re VSN but it certainly seems like what I predicted some time ago is coming true…the program is going to be worse for most VSN owners unless we purchase more. Hope I’m wrong.
Enjoy,
Ken
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