Is there an internal Marriott exchange system other than Interval?

[regatta333]

We attended a sales presentation today and the saleman told us that there are three distinct pools of inventory--Interval, Marriott internal exchange, and the Trust inventory.
I always thought that Marriott relied on Interval for Marriott-to-Marriott exchanges, unlike Vistana, which has a true internal exchange. The salesman said that Marriott created its own internal exchange system, and that when Vistana or Marriott weeks' owners elect for points, that inventory goes into the Marriott internal exchange system. He further stated that unless you buy points directly from Marriott you will never have access to the Trust inventory, which where more and more of the inventory resides.

I thought that electing weeks for Abound points gave you access to the Trust inventory. I have never before heard of this Marriott internal exchange inventory. Have I been mistaken in my understanding of access to Trust inventory?

 

[bazzap]

We attended a sales presentation today and the saleman told us that there are three distinct pools of inventory--Interval, Marriott internal exchange, and the Trust inventory.
I always thought that Marriott relied on Interval for Marriott-to-Marriott exchanges, unlike Vistana, which has a true internal exchange. The salesman said that Marriott created its own internal exchange system, and that when Vistana or Marriott weeks' owners elect for points, that inventory goes into the Marriott internal exchange system. He further stated that unless you buy points directly from Marriott you will never have access to the Trust inventory, which where more and more of the inventory resides.

I thought that electing weeks for Abound points gave you access to the Trust inventory. I have never before heard of this Marriott internal exchange inventory. Have I been mistaken in my understanding of access to Trust inventory?

Misleading and false information again by some sales folk!
MVC elected weeks can and do use Abound points through Internal Exchange.
Whilst it is true that there is separate Trust Inventory, it is completely wrong for them to say that you can’t access this unless you buy points directly.
With extremely rare exceptions which have been reported here, elected weeks consistently and successfully access Trust Inventory.


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[Hindsite]

If it were true that elected ownership has limited access in Abound, then they'd very quickly run out of decent inventory because weeks owners wouldn't bother electing for club points. The Trust inventory has a lot of low season US weeks in it. The only way they get decent non-US inventory is from owners electing for club points. MVC do own some non-US inventory that they can put into Abound, but nowhere near enough to make up for the lower season bias in the underlying Trust inventory.

MVC do refer to the II MVC to MVC preference period as internal their internal weeks exchange method, so as usual there is some muddled truth in the info as well as blatant lies about what you can access with elected club points.

 

[Dean]

We attended a sales presentation today and the saleman told us that there are three distinct pools of inventory--Interval, Marriott internal exchange, and the Trust inventory.
I always thought that Marriott relied on Interval for Marriott-to-Marriott exchanges, unlike Vistana, which has a true internal exchange. The salesman said that Marriott created its own internal exchange system, and that when Vistana or Marriott weeks' owners elect for points, that inventory goes into the Marriott internal exchange system. He further stated that unless you buy points directly from Marriott you will never have access to the Trust inventory, which where more and more of the inventory resides.

I thought that electing weeks for Abound points gave you access to the Trust inventory. I have never before heard of this Marriott internal exchange inventory. Have I been mistaken in my understanding of access to Trust inventory?

There is certainly a lot of false and misleading information there but technically Abound is an exchange system. That's about the only truth I can see to the statements reportedly made.

 

[dioxide45]

We attended a sales presentation today and the saleman told us that there are three distinct pools of inventory--Interval, Marriott internal exchange, and the Trust inventory.

This is technically correct. The Marriott Internal exchange that the salesperson was likely referring to was the MVC Exchange company that facilities points based reservations. While the Marriott to Marriott Interval International exchange is also referred to as internal exchange, I don't think that is what they were talking about as they called that out separatly.

That said, while there is a lot of inventory in the trust, MVC simply deposits all trust inventory into the MVC Exchange Company for point reservations. So owning trust points won't get you more access to anything since elected points have the same access to the MVC Exchange Company inventory as trust points.

 

[SueDonJ]

This is technically correct. The Marriott Internal exchange that the salesperson was likely referring to was the MVC Exchange company that facilities points based reservations. While the Marriott to Marriott Interval International exchange is also referred to as internal exchange, I don't think that is what they were talking about as they called that out separatly.

That said, while there is a lot of inventory in the trust, MVC simply deposits all trust inventory into the MVC Exchange Company for point reservations. So owning trust points won't get you more access to anything since elected points have the same access to the MVC Exchange Company inventory as trust points.

Sure, we all know that how Marriott uses the Abound Exchange Company (ie depositing the vast majority of available intervals into it) results in there being functionally no difference between Trust and Enrolled Points for the vast majority of Abound reservations. But I still think it's important to acknowledge that yes, it's technically correct that Trust Points can access Trust and Exchange Company intervals while Exchange Points can access only Exchange Company intervals, if for no other reason than during a sales presentation potential buyers can confidently push back on this widespread - and sometimes effective - talking point that's misleading. It's simple enough to explain the technical-functional aspects to a salesperson instead of arguing over whether what's being said is a fact or not. Because technically, this talking point is a fact.

 

[davidvel]

Sure, we all know that how Marriott uses the Abound Exchange Company (ie depositing the vast majority of available intervals into it) results in there being functionally no difference between Trust and Enrolled Points for the vast majority of Abound reservations. But I still think it's important to acknowledge that yes, it's technically correct that Trust Points can access Trust and Exchange Company intervals while Exchange Points can access only Exchange Company intervals, if for no other reason than during a sales presentation potential buyers can confidently push back on this widespread - and sometimes effective - talking point that's misleading. It's simple enough to explain the technical-functional aspects to a salesperson instead of arguing over whether what's being said is a fact or not. Because technically, this talking point is a fact.

Correct, except for all practical purposes, all the Trust Intervals are in the Exchange, so Exchange Points can access the same Trust Intervals that the Trust Intervals can.

It is a distinction without a difference, so the point (pun) the salesperson is making is practically speaking, false. And no one who is not on TUG likely could counter this argument as you suggest, and generally accepts that MVC is telling them the truth.

 

[regatta333]

Just so I am clear on terminology here, Abound points that are received from "electing" one of my Vistana weeks are what you are terming "exchange" points and only points purchased as such from Marriott (or resale) are considered "trust" points?

 

[dioxide45]

Just so I am clear on terminology here, Abound points that are received from "electing" one of my Vistana weeks are what you are terming "exchange" points and only points purchased as such from Marriott (or resale) are considered "trust" points?

Correct.

 

[regatta333]

It's confusing, because when I log onto my account and view balances, the points I've received from "electing" my Vistana week are referred to as "trust" points.

 

[Pamplemousse]

It's confusing, because when I log onto my account and view balances, the points I've received from "electing" my Vistana week are referred to as "trust" points.

I own an MVC week and when I look at my points on the MVC site the ones that come from electing my week are listed as elected points. Must be something different with Vistana.

 

[Dean]

Just so I am clear on terminology here, Abound points that are received from "electing" one of my Vistana weeks are what you are terming "exchange" points and only points purchased as such from Marriott (or resale) are considered "trust" points?

As noted, practically speaking it does not matter where the points come from. Elected Vistana, MVC, Westin or Trust will still trade the same in the Abound EXCHANGE system which has access to the inventory recorded in the trust plus any weeks elected from any of the systems.

 

[Big Matt]

The Florida Club, but I'm sure that wasn't what the sales person was referring to.