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

[Ken555]

Yaaaaaawwwwnnnnn.

Oh, pardon me.


Sent from my iPad using Tapatalk

 

[TravelTime]

Nothing yet. I am getting disappointed. I was hoping for an announcement today.

 

[dioxide45]

I have been refreshing my email every 10 minutes. I'm still waiting...

 

[jwalk03]

Sounds like maybe just more false information from sales?? But we'll see if anything pops by the end of the day.

 

[dsmrp]

Devil's in the details. I wouldn't think specifics would come in an email. A msg would be more likely a tool to drive more people to "owner updates".

Still I'm curious in what, if any, they'll release today. I'll likely be one of the last batches out tho', if they follow previous messaging history...

 

[William Seward]

Just go off of a Vistana Chat session with the agent.

For what it worth below is his posting.

"I am sorry to tell you there was a one-week delay for that information, kindly expect our update on March 21, 2022. I apologize for the inconvenience that this may cause".
Oswaldo


Bill Seward

 

[cubigbird]

Just go off of a Vistana Chat session with the agent.

For what it worth below is his posting.

"I am sorry to tell you there was a one-week delay for that information, kindly expect our update on March 21, 2022. I apologize for the inconvenience that this may cause".
Oswaldo


Bill Seward

A botched announcement rollout. You don’t say…..

 

[KACTravels]

I have an Owners update here at Kieran’s next Monday 3:21 @8:30am. I’ll report back with any news.

 

[Julian926]

Heading to WMH next week. They offered to discuss the merger with a group of people. Should I go? Or, is this one of those pressure sales tactics that we should avoid?

 

[dioxide45]

Just go off of a Vistana Chat session with the agent.

For what it worth below is his posting.

"I am sorry to tell you there was a one-week delay for that information, kindly expect our update on March 21, 2022. I apologize for the inconvenience that this may cause".
Oswaldo


Bill Seward

I've marked my calendar!

 

[dioxide45]

Heading to WMH next week. They offered to discuss the merger with a group of people. Should I go? Or, is this one of those pressure sales tactics that we should avoid?

It will be a sales meeting, but you should go to find out all the deets.

 

[Smithsingeneva]

Haven’t had an Owner’s Update in 4 years. Staying at home resort WKORVN (resale) and concierge kept pushing to attend one due to the “many changes coming” under Marriott. Can someone point me to a thread with the changes or briefly summarize? Thank you!

 

[jabberwocky]

Here you go:

https://tugbbs.com/forums/threads/t...nd-marriott-ownerships-marriott-forum.332276/

 

[lorenmd]

i did hear that the name is bound something. and probably june announcement. so maybe boundless of boundvac or something weird like that. they said as strange as bonvoy seemed at first.

 

[CalGalTraveler]

This year we will decide whether to enroll in the MVC program or the HGV Max program when they roll out their integrations. Unless the programs are <$1500 (doubtful) we will only invest in one. Plus we don't need that many more TS vacation nights if we bought both.

MVC/Vistana better fix their website so owners can reserve at 12 months before they start asking for more money. This is a disincentive to spend more money with MVC because they appear IT incompetent and deaf to their customers complaints. I will attend presentations, take their gifts and then tell Reps this situation until it is fixed.

 

[steve1000]

I was at an owner update on Thursday and was told that the rollout announcement that had been scheduled for March 14 was delayed by a week and will be announced on Monday March 21. One of the issues I am interested in finding out about is whether as part of the "merger" the 12 month booking window for Westin units will be unchanged or whether Westin units will be aligned with Marriott's 13 month booking window for multiple consecutive week reservations and/or for owners who are Chairman or Presidential level.

 

[Sicnarf]

The b

I was at an owner update on Thursday and was told that the rollout announcement that had been scheduled for March 14 was delayed by a week and will be announced on Monday March 21. One of the issues I am interested in finding out about is whether as part of the "merger" the 12 month booking window for Westin units will be unchanged or whether Westin units will be aligned with Marriott's 13 month booking window for multiple consecutive week reservations and/or for owners who are Chairman or Presidential level.

The booking window for Chairman or Presidential only applies to DC units or Vistana units acquired by the MVC trust. The booking window for VSE remains the same.

 

[Renegade]

9 days ago went thru an owner's update at Westin Desert Willows. Scored 2-$75 gift cards to spend 90 min. we couldn't spend at the pool because of bad weather. There was a big Elite Membership Level chart on the wall behind the salesperson's desk. He said the Elite Membership was going away the following week (merger to finalize), so it would not be of any further importance. I don't think this could be possible in any shape or form.

 

[EnglishmanAbroad]

Removed

 

[daviator]

It just occurred to me (I'm clearly a little slow) that one big effect, undoubtedly intentional, of the movement away from deeded weeks, is that I assume that all of those weeks in the various trusts mean that MVW gets to vote those ownerships as it wishes. In other words, "owners" of Flex points or other points-based products are not actually legal owners of the underlying real estate, and so if something comes up in any of the HOAs requiring a vote of the owners, MVW gets to vote for all of those weeks in the trusts.

This means that MVW will never have to worry about owners rebelling and deciding to pull out of their network, because the majority of owners are actually "owners" (with quotes) who have no voting rights. Am I right about that?

I'm thinking of the Vistana property that pulled out a few years ago – Villas at Cave Creek I think it was. That was kind of an unusual situation, but if MVC had sold their properties out as deeded weeks, it would have conceivably been possible that could happen again at another resort. Now it is precluded because they control such a big chunk of the votes and will do so in perpetuity even if they were to sell out all the available points.

Sorry, this is marginally off-topic. Occurred to me while reading this thread.

 

[Sicnarf]

I went to an MVC sales presentation at Hilton Head yesterday, and the salesman confirmed that Vistana Elite owners will be granted corresponding MVC elite level for free and developer/authorized resale VOIs will be enrolled in the DP program for free as well. Supposedly, the catch is that you'll have to buy at least 1000 points to book trust owned VOIs. Otherwise, you only be able to book VOIs exchanged with the trust. Has someone else heard this?

 

[CalGalTraveler]

It just occurred to me (I'm clearly a little slow) that one big affect, undoubtedly intentional, of the movement away from deeded weeks, is that I assume that all of those weeks in the various trusts mean that MVW gets to vote those ownerships as it wishes. In other words, "owners" of Flex points or other points-based products are not actually legal owners of the underlying real estate, and so if something comes up in any of the HOAs requiring a vote of the owners, MVW gets to vote for all of those units in the trusts.

This means that MVW will never have to worry about owners rebelling and deciding to pull out of their network, because the majority of owners are actually "owners" (with quotes) who have no voting rights. Am I right about that?

I'm thinking of the Vistana property that pulled out a few years ago – Villas at Cave Creek I think it was. That was kind of an unusual situation, but if MVC had sold their properties out as deeded weeks, it would have conceivably been possible that could happen again at another resort. Now it is precluded because they control such a big chunk of the votes and will do so in perpetuity even if they were to sell out all the available points.

Sorry, this is marginally off-topic. Occurred to me while reading this thread.

Bingo. Also why points owners have no state real estate protections when it comes to TS default. This is why we will always stick with deeds. Too many games can be played with points trusts.

 

[cubigbird]

Bingo. Also why points owners have no state real estate protections when it comes to TS default. This is why we will always stick with deeds. Too many games can be played with points trusts.

Remember…..if a sales rep is trying to talk you into giving up something, it generally strengthens their position and is in THEIR best interest. Buyer beware. Know what you own!

Spending lots of times at the pools and striking up conversations, I find it astounding the lack of knowledge people have and the high amount of trust placed in sales. I tell them about TUG and they are shocked.

We love our ownerships, Vistana has GREAT properties, but we bought them and weren’t sold.

 

[cubigbird]

This year we will decide whether to enroll in the MVC program or the HGV Max program when they roll out their integrations. Unless the programs are <$1500 (doubtful) we will only invest in one. Plus we don't need that many more TS vacation nights if we bought both.

MVC/Vistana better fix their website so owners can reserve at 12 months before they start asking for more money. This is a disincentive to spend more money with MVC because they appear IT incompetent and deaf to their customers complaints. I will attend presentations, take their gifts and then tell Reps this situation until it is fixed.

The IT issue must be fixed. If it gets worse and people are not able to book what they own and end up being left out, there’s going to be lawsuits. It’s only a matter of time.

 

[byeloe]

]Buyer beware. Know what you own!

Spending lots of times at the pools and striking up conversations, I find it astounding the lack of knowledge people have and the high amount of trust placed in sales. I tell them about TUG and they are shocked.

This so true. We just spent an extended time at WLR and I met so many people who had limited knowledge of what they owned and the system overall. I was able to save one couple from going back to sign their purchase agreement. Many others were unaware of the resale market.