Interval International Getaways ( Some Prices Are Crazy!)

[hajjah]

Ok, so I booked a getaway at Marriott Monarch in Hilton Head back in June for the third week in December, 2022. I paid $436 for that getaway as a platinum member. I decided to invite other friends and needed another unit. Since June, the prices have steadily increased. As of now the same week is $846.00. I have watched this daily. December is pretty quiet on Hilton Head, but this is the first time I have seen the prices so high. I've decided not to book a second unit. Even airfare to HH has doubled. The flight is only 40 minutes. Driving is not an option since it’s about 4.5 hours. Oh, I forgot to mention that the Marriott units for XMas are over $1,200. What a drastic change this year.

 

[pedro47]

Ok, so I booked a getaway at Marriott Monarch in Hilton Head back in June for the third week in December, 2022. I paid $436 for that getaway as a platinum member. I decided to invite other friends and needed another unit. Since June, the prices have steadily increased. As of now the same week is $846.00. I have watched this daily. December is pretty quiet on Hilton Head, but this is the first time I have seen the prices so high. I've decided not to book a second unit. Even airfare to HH has doubled. The flight is only 40 minutes. Driving is not an option since it’s about 4.5 hours. Oh, I forgot to mention that the Marriott units for XMas are over $1,200. What a drastic change this year.

I also have observed that the price of getaways have increased this year over passed years.

 

[dioxide45]

Yeah, there was some discussion in this thread on the Sightings Board about Christmas week at Cypress Harbour being over $2000 for a getaway. There is an early December week there now for over $800.

https://tugbbs.com/forums/threads/ii-marriott-cyrpess-harbor-xmas-nye-yikes-getaway-pricing.345560/

 

[jmhpsu93]

I picked up a Getaway for mid-January at SVV for about $500 three weeks ago - it's over $200 more now.

 

[DaveNV]

Is it about supply and demand, or is there "dynamic pricing" going on, where the more people search for inventory, the higher the price goes? This seems to be a trend in other areas, like concert tickets and airfares. Why not pricing for timeshare stays? I don't agree with it, but I wonder if it is happening.

Dave

 

[pedro47]

It is all about supply and demand for some resorts. the weather conditions, the time of the year and their locations. IMHO

 

[TUGBrian]

have seen the same! was doing a check on random hawaii getaways just as an idea on pricing and was pretty much floored with the per night costs....and that wasnt even at any top tier resorts!

 

[tschwa2]

In a way its good for owners. When exchange companies can rent out deposited inventory for less than what the owners pay in MF's it isn't a good thing overall. Why would people own when they can exchange in for less than owning even if the timeshare only cost $1 to buy.

 

[Davey54321]

Definitely depends on supply and demand and the week you are looking for I believe. Prices have gone up, but I did find some less expensive getaway weeks at Barony (and other non oceanfront Marriotts as well) for January…attached is a screenshot.

 

[hajjah]

Even looking at the screen shot, my point is that the getaway prices have increased tremendously especially on HHI off season. I paid $437 for 12/17/2022, and I've seen those weeks now over $1,000. I check on II daily. What used to be an easy getaway on HHI in December is now a thing of the past. This can be applied to many other areas as well.

 

[PcflEZFlng]

I've also noticed the price increases, especially for Hawaii. Perhaps there's still some pent-up demand left over from the pandemic. I'm hoping that's the case, because it might mean that many people still haven't returned to their usual travel and TS-stay patterns - where high season is high season and low season is low season - and when they do, prices will eventually settle back down.

 

[dioxide45]

I suspect they may also be looking to find the top of the market. These weeks didn't cost II anymore to acquire today than they did last year. I am sure some of their expenses are higher, but they still got the weeks for free from owner or developer deposits.

 

[pedro47]

I can remember getaways as low as $199.00 & $299.00 a few years ago. LOL

 

[slip]

I can remember getaways as low as $199.00 a few years ago. LOL

That's what I was thinking.

 

[dioxide45]

We didn't buy many getaways for the last few years before the pandemic, so for us it is harder to compare. Comparing the last three years though it not really a good comparison of what prices were and what they are now. Getaway prices were quite depressed during the pandemic and even into this year. Thinking back over 10 years, getaway prices really haven't increased all that much, at least not compared to inflation.

 

[hajjah]

I think that I will be finished buying the getaways as well. It used to be great using them and the AC's to add nights to my Bonvoy account. I actually wanted to change my mind for HHI in December and go to CA instead. But, since they are non refundable, I'm keeping it. Even the airfare went from $299 to $368 on Delta from the south. Delta tells me their flights are higher because of the gas crisis. Well, I'm glad I booked my flights to Aruba back in April for October. We got back last week. The tickets went from $575 to $1,400 in main cabin. Our friends could not join us on this trip.

 

[callwill]

There i was thinking about dropping RCI and joining interval for the Getaways!

 

[hajjah]

There i was thinking about dropping RCI and joining interval for the Getaways!

I canceled my RCI two years ago. I prefer staying in Marriotts. I became too disappointed with RCI after joining them in 1998.

 

[curly buffalo]

It is my understanding that Marriott bought II a few years back.
Please correct me if I am wrong.
If so, maybe that has something to do with it.
Years back, Marriott had employee rates for stockholders, but stopped that.
Then there were a few codes that Marriott TS owners could occasionally use on the Marriott hotel site to book some hotel rooms or TS inventory, but I am not sure those codes work any longer.
It seemed that when Marriott tried to push everyone into points ownership, those codes worked rarely.

 

[dioxide45]

It is my understanding that Marriott bought II a few years back.
Please correct me if I am wrong.
If so, maybe that has something to do with it.
Years back, Marriott had employee rates for stockholders, but stopped that.
Then there were a few codes that Marriott TS owners could occasionally use on the Marriott hotel site to book some hotel rooms or TS inventory, but I am not sure those codes work any longer.
It seemed that when Marriott tried to push everyone into points ownership, those codes worked rarely.

Marriott Vacation Club still has codes that owners can use for cash stay discounts.

 

[gejone]

The demand for Hawaii has jumped, Hurrican Ian demolished a lot of rentals in Florida. Not necessarily Timeshares, but across the board vacation rentals. I imagine this will cause a shortage for several years

 

[mdurette]

Who sets/controls the pricing on assumed developer deposits for getaways? II or does the developer have a say and do they get a cut of the profits?

 

[dougp26364]

Keep in mind the average person books trips three months out or less. With the shift from traditional weeks to points based reservations we may be seeing a shifting trend in timeshare, that being booking 9 to 12 months in advance and booking full weeks to booking 3 to 6 months in advance and booking shorter, long weekend stays.

It’s possible demographics are shifting and that’s showing up in getaways. I remember that last minute deals were a thing a few years back. Maybe the future of getaways is going to be more old school timeshare thinking of getting the better deals or the best resort weeks with long term planning vs last minute searches.

Trends change. At one time the general consensus was own the least expensive week possible and trade into the more expensive resorts. South African weeks were all the rage 15 to 20 years ago. I never see them mentioned anymore. I use to get banged around on the forums because we owned Marriott while certain Sunterra owners were booking into the same resorts I owned for a fraction of the cost. At the time those were reasonable strategies. Today, maybe not so much.

Is it possible the general thought that owning any sort of week in II for the purpose of booking last minute getaways is in the beginning of the end? I think good values on getaways will still be there, but maybe they’ll take longer range planning then in the past.

 

[bazzap]

Keep in mind the average person books trips three months out or less. With the shift from traditional weeks to points based reservations we may be seeing a shifting trend in timeshare, that being booking 9 to 12 months in advance and booking full weeks to booking 3 to 6 months in advance and booking shorter, long weekend stays.

It’s possible demographics are shifting and that’s showing up in getaways. I remember that last minute deals were a thing a few years back. Maybe the future of getaways is going to be more old school timeshare thinking of getting the better deals or the best resort weeks with long term planning vs last minute searches.

Trends change. At one time the general consensus was own the least expensive week possible and trade into the more expensive resorts. South African weeks were all the rage 15 to 20 years ago. I never see them mentioned anymore. I use to get banged around on the forums because we owned Marriott while certain Sunterra owners were booking into the same resorts I owned for a fraction of the cost. At the time those were reasonable strategies. Today, maybe not so much.

Is it possible the general thought that owning any sort of week in II for the purpose of booking last minute getaways is in the beginning of the end? I think good values on getaways will still be there, but maybe they’ll take longer range planning then in the past.

Perhaps it is because we live in the UK, but I don’t know anyone who books three months out or less.
It is logistically almost impossible for us to plan trips at such short notice, both for availability and to get even remotely reasonable flight prices.
We still mostly book 13 months out, whether with Weeks or Points, to get what we want.

 

[timsi]

Interesting graphs provided by Trivago, the hotel prices have gone up 17%-72% in the last year. I do not think the "revenge travel" will last that much longer thought, I also read somewhere else that due to economic factors up to 25% would cancel their trips, reduce the number of nights or choose cheaper alternatives. The getaway inventory was reduced this year because owners used their weeks and because of banked points/weeks, but things may change gradually next year, and we may see lower demand/higher inventory.

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