Interval Guest Certificate

[DRH90277]

I am not going to “rent” the week. I am not a rule breaker. Check-in is in less than 30 days anyway. I have been debating ever since I deposited the week a couple of years ago as to whether I would find a compelling exchange. I do not use II for exactly this reason. I have been unsuccessful with it. The only thing I have had success with is using points with Marriott Vacation Club.

OTOH, many people are breaking the rules about commercial use with their “owned” weeks. An example is buying up more weeks than they can ever use and putting them on Redweek to try to make thousands extra per week. Then turn around and use the cash to rent a week elsewhere. Or just turn renting timeshares into a business. To me, that is clearly against the rules and really they should get their weeks shut down entirely.

Most of the MVC salespeople are openly encouraging people to rent out reservations to not only cover maintenance fees but also for profit. They are always bragging about their rentals and the money they are making. Some even provide handouts.

Commercial use is probably a level far beyond what the typical owner is doing.

 

[dioxide45]

If Marriott does not own the Aqua Aston inventory, likely it only takes a small cut of actual rental revenue. The Interval getaway inventory is a different story, they do not have to share with anyone else.

Marriott Vacations Worldwide owns Aqua Aston. It came along with the ILG acquisition. I don't beleive Aqua Aston is a franchise type of arrangement like many Marriott hotel properties. As far as I know, Aqua Aston owns the properties.

 

[timsi]

Marriott Vacations Worldwide owns Aqua Aston. It came along with the ILG acquisition. I don't beleive Aqua Aston is a franchise type of arrangement like many Marriott hotel properties. As far as I know, Aqua Aston owns the properties.

"Aqua-Aston provides management and rental services for condominium owners, hotel owners, and owners’ associations. The condominium rental
properties are generally investment properties, and, to a lesser extent, second homes, owned by individuals who contract with Aqua‑Aston directly to
manage, market and rent their properties, generally pursuant to short‑term agreements. We also offer such owners a comprehensive package of marketing,
management and rental services designed to enhance rental income and profitability. Generally, owners’ association management services, including
administrative, fiscal and quality assurance services, are provided pursuant to exclusive agreements with terms typically ranging from one to ten years or
more, many of which are automatically renewable. Revenue is derived principally from fees for management of the hotel, condominium resort, or owners’
association as well as related rental services. Management fees consist of a base management fee and, in some instances for hotels or condominium resorts,
an incentive management fee which is generally a percentage of operating profits or improvement in operating profits. Service fee revenue is based on the
services provided internally or through third-party providers to owners including reservation services, sales and marketing, property accounting and
information technology services."

 

[dioxide45]

"Aqua-Aston provides management and rental services for condominium owners, hotel owners, and owners’ associations. The condominium rental
properties are generally investment properties, and, to a lesser extent, second homes, owned by individuals who contract with Aqua‑Aston directly to
manage, market and rent their properties, generally pursuant to short‑term agreements. We also offer such owners a comprehensive package of marketing,
management and rental services designed to enhance rental income and profitability. Generally, owners’ association management services, including
administrative, fiscal and quality assurance services, are provided pursuant to exclusive agreements with terms typically ranging from one to ten years or
more, many of which are automatically renewable. Revenue is derived principally from fees for management of the hotel, condominium resort, or owners’
association as well as related rental services. Management fees consist of a base management fee and, in some instances for hotels or condominium resorts,
an incentive management fee which is generally a percentage of operating profits or improvement in operating profits. Service fee revenue is based on the
services provided internally or through third-party providers to owners including reservation services, sales and marketing, property accounting and
information technology services."

Fair enough, but in the end what does Interval International's rental revenue have anything to do with this thread? There are certain terms you agree to when you join II and confirm exchanges or getaways. Commercial or rental activity being restricted is one of them. How hard is that to understand?

 

[timsi]

Fair enough, but in the end what does Interval International's rental revenue have anything to do with this thread? There are certain terms you agree to when you join II and confirm exchanges or getaways. Commercial or rental activity being restricted is one of them. How hard is that to understand?

I agree and I would not encourage anyone to do it, but we have to understand that the motives for such rules may not be totally selfless.