parthiban
newbie
I've recently bought into the Marriott Vacation Club by buying timeshare at Marriott's Club Son Antem in Mallorca and for the first time done everything the wrong way round. Instead of researching first, I've only started reading up after getting back and I'm really worried I've made a big mistake
When I was out there last weekend, they gave a great spiel about how the whole system works and from the way I understand it, it does still make sense financially, but I'm starting to wonder whether everything was as clear cut as it was explained by the sales guy.
We paid £41,000 for 3 gold weeks (supposedly the best ones for trading as it's a golf resort), and as part of the deal they threw in platinum Marriott membership (which I think is just a free upgrade at their hotels and breafast) as well as 735,000 reward points.
The way it seemed was that given that we spend a lot each year on hotel bills, as long as the system is as flexible as they said, we should save a lot of money in the long run.
My questions are as follows:
1. How early do you need to book things in order to actually get what you want? This is both for exchanges to other resorts, or to trade in for points and then booking using them.
2. Can you actually do as much with it as they made out? Each week is worth 100,000 points giving us 300,000. Can you actually buy something substantial with it? The 735,000 points they gave us was said to be a week in Egypt for 6 with business class flights. In the UK, a holiday like that would probably cost you around £10,000 - is that representative of other holiday packages?
I'd really appreciate any help at this stage, I'm still within the 14 day cool off period so want to make absolutely sure before I go ahead with this.
When I was out there last weekend, they gave a great spiel about how the whole system works and from the way I understand it, it does still make sense financially, but I'm starting to wonder whether everything was as clear cut as it was explained by the sales guy.
We paid £41,000 for 3 gold weeks (supposedly the best ones for trading as it's a golf resort), and as part of the deal they threw in platinum Marriott membership (which I think is just a free upgrade at their hotels and breafast) as well as 735,000 reward points.
The way it seemed was that given that we spend a lot each year on hotel bills, as long as the system is as flexible as they said, we should save a lot of money in the long run.
My questions are as follows:
1. How early do you need to book things in order to actually get what you want? This is both for exchanges to other resorts, or to trade in for points and then booking using them.
2. Can you actually do as much with it as they made out? Each week is worth 100,000 points giving us 300,000. Can you actually buy something substantial with it? The 735,000 points they gave us was said to be a week in Egypt for 6 with business class flights. In the UK, a holiday like that would probably cost you around £10,000 - is that representative of other holiday packages?
I'd really appreciate any help at this stage, I'm still within the 14 day cool off period so want to make absolutely sure before I go ahead with this.