That sounds exciting. Hope the USA enrolled owners can eventually participate as well.
Keep us posted!
So it now all depends on how clear sighted the MVCI execs are on this. As I already said in this thread earlier, a separate points system for Europe will really not cut it.
We already have two points systems with different prices and different enrollment prices and approaches. At least the Asia Pacific points system and enrollment is transparent. Exchange a week for points and you get the same number of points that are required to reserve your week. NO SKIM THERE. No two buckets either - an Asia Pac point is a point wherever it comes from.
What MVCI needs is a single global points system that treats all owners alike, offers a simple way for weeks owners to exchange a week for points and use those points against the whole inventory base. Do that and I'll enroll all my weeks and exchange them for points every year.
So what might us European owners expect?
Well if it is a simple extension of the DC system to cover the European resorts and they perpetuate what seems to be pretty much a mess to Europe and hit us with the skim and the two buckets of inventory then all I can say is that the MVCI Execs seem to have learned nothing in the last 2 years. The sign of good management is one that learns from its errors and makes changes to improve the business.
Here are some of the issues that I can see.
1. There are only 4 resorts in Europe. 2 are basically sold out. The unsold inventory is very limited when compared to the USA. So, should they perpetuate the flawed DC system and not learn from their errors, then I cannot see any existing owner buying points in Europe. I can see new buyers being bamboozled by sales people just as they are for weeks now and I was when I bought retail but the same issues will apply as do in the DC points system.
2. The resorts in Europe are RTU not deeded weeks so how will that work if the points systems are merged. Will a DC Trust point be the same as a European point which is not backed by deeded property but by RTU weeks?
3. How will the points system handle owners who have weeks in European resorts and also at US resorts - will the system allow them to enroll them all in a single system ?
4. What will the price be? If, as we have seen reported the price is going to be hiked and thus impact European owners from the start - then I for one will start to seriously question whether I want to hand over more cash to MVCI, especially if my resale weeks are excluded.
So here is my forecast.
If a points system is introduced into Europe as is forecast, MVCI Execs will not have learned anything from the mess they introduced into the USA.
It will be a copy of the DC points system but separate.
The way the systems will interact will be through Interval International. Thus to exchange using European points into a USA Marriott resort will still require a week or a weeks worth of points to be deposited with Interval International. This is how it works for the Asia Pacific points system.
There will be a skim.
The price will be hiked.
Resale Weeks - included ? - A big question. If not I will probably not join since there will be nothing in it for me - I will still have to use II to exchange for the USA resorts. There is little attraction in a points system just for 4 European resorts, especially if there is a skim and a price hike.
i already use my home resort every year for most of the weeks so what benefit would a points system offer me if it still requires the use of II to exchange to Marriott resorts in the USA.
I've followed the debates here on the DC points system from Day 1 and feel as well briefed on the ins and outs of the system as I could be - considering I have not been a user of the system. If the Marriott Execs have not picked up on those debates here and have not learned the lessons that have been highlighted here then the future for a European points system only covering the 4 resorts will not be a good one.
Now if European owners are allowed to enroll our weeks (including qualifying resale weeks) even if there is a skim but for the current enrollment fees, into the DC system then I would consider enrolling my weeks. This would not be an ideal situation but better than a separate system.
The ideal solution would be the creation of a single global points system where points were all equal and where inventory was available to all points.
I guess time will tell and June is not so far away now.