- Joined
- May 20, 2006
- Messages
- 50,948
- Reaction score
- 22,433
- Location
- NE Florida
- Resorts Owned
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Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
There are two different things at play with Marriott. A trust and the exchange company. They can't change a deed you own to points or to the trust unless you do one of these things; sell it back to them, give it back to them, sell it to someone else and they ROFR, they foreclose due to non payment of loan or the HOA forecloses due to non payment of maintenance fees and then the HOA gives it or sells it to HGV. When MVC rolled out their points program in 2010, they took all the unsold inventory and dumped it into a REIT. They declared points on the REIT and started selling those points. Weeks owners were able to enroll in points. HGV wouldn't need to do that because they already have a point program for weeks owners.When they switched from deeds to trust points, didn’t MVC have to offer existing owners to enroll so they would have enough to have a club? I know they have a lot of points with DRI, but Max isn’t set up that way right now. I know things can change, but this seems like it’s so far down the road.
From what I understand about Max is that it is just access to DRI The Club inventory at 6 months for select resorts as set out by the exchange rules. If you make a reservation in The Club at 6 months, your HGV deed becomes available to others to book through MAX. DRI The Club is really just an exchange company, like HGVC or the Marriott MVC Exchange Company or even II and RCI. Just the reservation windows are different.
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