Converting from Vistana to Marriott?

[nilias]

Apologies if this question has been asked and answered elsewhere, but I am at Sheraton Broadway Plantation currently and as part of the owner's update, they have offered to exchange my have SVV (81K options) for 104K Marriott timeshare points for a net price of $10K (purchase price of $42K minus exchange price of SVV of $26K, minus additional discount of $6K). The offer comes with a choice of one-time 60K Marriott timeshare points or 133K Bonvoy points and also an option of purchasing additional 500K Bonvoy point at the price of $0.007 per point.

I have not negotiated anything with them yet. Should I take the offer?

Thanks!

 

[TravelTime]

I have not heard that Vistana is exchanging with MVC. Did they tell you that the programs are being integrated? Is this a one time exchange for one usage year or a permanent sale of DPs? Is it 81K SOs for 104K bonvoy points? DPs do not go into the hundred thousands. I am Presidential and get 11K DPs per year. It sounds like they are offering to convert your SOs for Bonvoy points. But I would not pay $10K for that. I am really confused by their offer. I am interested in hearing more.

 

[nilias]

Yes, they told me that they are trying to integrate the two programs under the current economic circumstances. It is supposed to be a permanent switch. There was actually a Marriott sales rep who was there alongside the Vistana rep. The conversion into NOT into bonvoy points (which I am familiar with) but into Marriott Vacation points (which I am not familiar with and hence requesting more information). According the rep, with the 104K points they are offering, I could get into a 3 BR at any of their resorts within an 8 month window.

 

[jabberwocky]

I think they are trying to sell you the Sheraton Flex program which is not the same as the Marriott DC point program. 104k is a LOT of DP's (Marriott timeshare currency). To put this in perspective, your MF would be around $62k/year if it was Marriott timeshare points.

The pricing you've described is the Sheraton Flex pricing without any sort of special deal - so no - you should not buy this or trade in what I am assuming is a mandatory SVV unit. You won't get special access to Marriott timeshares or anything else. All you will have is 23,000 more StarOptions that won't transfer on sale. Not worth $10k in my opinion.

 

[jabberwocky]

Yes, they told me that they are trying to integrate the two programs under the current economic circumstances. It is supposed to be a permanent switch. There was actually a Marriott sales rep who was there alongside the Vistana rep. The conversion into NOT into bonvoy points (which I am familiar with) but into Marriott Vacation points (which I am not familiar with and hence requesting more information). According the rep, with the 104K points they are offering, I could get into a 3 BR at any of their resorts within an 8 month window.

Just curious - look at the chart in this thread. Is this what the salesperson showed you?

https://tugbbs.com/forums/threads/e...de-credit-for-external-ts.299189/post-2372494

If so all they did was show you how many FlexOptions can be used to exchange for a 3BR in Interval. These are not Marriott points!

 

[tschwa2]

8 month window is also a Vistana thing not a Marriott thing.

 

[ski_sierra]

Glad you didn't take the offer. Looks like a terrible deal.

 

[dioxide45]

There is no option to really buy 104K Marriott DC points. I guess you could for about a million dollars. I suspect they were still pushing StarOptions/HomeOptions that have no direct access to MVC inventory.

 

[nilias]

Just curious - look at the chart in this thread. Is this what the salesperson showed you?

https://tugbbs.com/forums/threads/e...de-credit-for-external-ts.299189/post-2372494

If so all they did was show you how many FlexOptions can be used to exchange for a 3BR in Interval. These are not Marriott points!

Well, they did not show me a chart. But the 104,100 options for a 3BR is exactly what I see as a cell in the fourth column of the table. So, it must be that they were just trying to sell me the flex program under the guise of "converting to Marriott". Glad I walked out unharmed!

 

[CPNY]

Well, they did not show me a chart. But the 104,100 options for a 3BR is exactly what I see as a cell in the fourth column of the table. So, it must be that they were just trying to sell me the flex program under the guise of "converting to Marriott". Glad I walked out unharmed!

If you were at SBP then they were trying to sell you into Flex and talked fast enough While throwing numbers in the thousands out to confuse you enough for you to just sign and think you’re getting a better deal than what you have. Glad you walked.

 

[mdditt2000]

Marriott is using “Marriott destination points”. Honestly I would wait or buy. Last week they told me fourth quarter they would start the merge. But who knows with Covid


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[CPNY]

Marriott is using “Marriott destination points”. Honestly I would wait or buy. Last week they told me fourth quarter they would start the merge. But who knows with Covid


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They told me 4Q last August hah. The investor meeting did have an end of 2020 roll out. We shall see what they plan on doing

 

[mdditt2000]

You still have a deed at your home property regardless. That doesn’t change. What changes is using converted Staroptions in the Marriott program.


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[CPNY]

You still have a deed at your home property regardless. That doesn’t change. What changes is using converted Staroptions in the Marriott program.


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Yeah, personally I like what I have with the occasional interval exchange. It’s going to be interesting to see. I feel like everyone has high expectations and in reality we may get a clunker.

 

[mdditt2000]

Honestly I think anybody who has a platinum week will be ok. I heard Westin Nanea will be good in the new program. But who knows


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[CPNY]

Honestly I think anybody who has a platinum week will be ok. I heard Westin Nanea will be good in the new program. But who knows


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Who really knows. I wonder how the Orlando properties did in the DP program when that rolled out. What will the orlando vistana properties fetch if that’s any indication