Just finished a presentation at MVC San Diego Pulse. For reference I own direct-purchased Sheraton Flex, 3* and don't own any MVC. Here is the information I took away from the presentation (old and new) ... please don't shoot the messenger
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Things we've already heard:
-Launch planned for early half of July...maybe July 1st but could be later
-Vistana ownership (see below about resales) will be allowed to enroll in DC for no fee and elect DP in a given year if they wish.
-If a Vistana owner decides not to enroll in DC they will pay the new all-inclusive VSN club fees based upon elite levels we've seen mentioned here (if they are VSN eligible) and function only in the VSN system
-If a Vistana owner decides to enroll in DC, they will instead pay all-inclusive MVC club fees (same rates as VSN) based upon elite levels and have their online account moved to MVC (and MVC's corporate II account too, I'm guessing)
-Vistana elite 3* 4* 5* levels will track to Executive, Presidential and Chairman if ownership enrolled in DC
-Enrolled Vistana owners will elect to convert to DP for following year by September/October of current year, same as MVC enrolled weeks owners
Things that were new to me as a non-MVC owner (the microdynamics of which are still unclear):
- When a Vistana owner elects DP, their week or flex options (underlying inventory of Vistana/Marriott's choosing) go into a bucket that can then be booked by MVC enrolled owners that elected DP and by DC trust owners. (This bucket may also be the same one where inventory from MVC enrolled owners that elect DP goes...is this the MVC exchange, perhaps?)
-Vistana elected DPs can only be used to book inventory from this MVC enrolled owners electing DP bucket (and Vistana elected DP but why would you book backwards after the skim?)
-When a DC trust owner books Vistana inventory from this bucket, an equivalent amount of DC trust ownership (of MVC's choosing!) goes into this same bucket for Vistana elected DP's (and probably MVC enrolled owners electing to book DP)
-If you only own Vistana, this bucket is the only inventory that will be available to you to book in the MVC system (I told them I had seen it mentioned here that sometimes DC trust inventory has been used to fund MVC exchange transactions and they said yes, sometimes they do that to fulfill a reservation...still don't understand that vague response)
-If you own both Vistana and any amount of MVC DC trust points, you will have access to the entire DC trust inventory for the combined points of both your Vistana elected ownership and the MVC DC trust points you own (the much-hyped hybrid account and why they suggested I buy some points at today's prices to avoid the frustration of limited inventory going forward).
Vistana Resales:
-I told them my online peeps were most concerned about how resales would be treated, particularly unqualified mandatory resales. They said that a MVC sales exec told them in April that they still hadn't quite yet figured out how they were going to handle Vistana resales (nothing about specific types). The salesperson suspects they have decided how since then but nothing has been communicated down the chain so far. Sorry I couldn't give more info!
Since I am 3*, happy with the Vistana system and will be able to enroll my ownership in the DC with elite status, they verbally recognized that I didn't
need to buy anything so their angle was that if I wanted to have access to DC trust inventory (with all my ownership) to avoid reservation frustration from just booking MVC exchange inventory, I should buy a small amount of DC points now (1000 and 1500 were offered). I told them they made a very good point but I wasn't going to invest $14K-$17K now (plus interest and more maintenance fees) as an insurance policy against a potential future problem. I already travel to the MVC properties I want through II exchanges, getaways and point rentals from MVC owners so not too concerned. I told them I would buy resales points in the future if needed and they said they don't have the same status as DC points, which confused me based upon what I know from TUG but hey, could be sour grapes!