There is a licencing agreement between Hyatt hotels and MVW for the use of the Hyatt brand. That would probably need to be amended and I can't imaging why Hyatt hotels would want to do that.
All that has happened to Sheraton and Westin timeshares is that some of their inventory is made available via the Abound exchange, so its just another option for reservation, nothing more complex than that. It was easier to accomplish as there was already a licencing agreement between MVW and Marriott International for the use of the Sheraton and Westin brand names, so once they found a legal way to provide access from VSN to Abound they could make the system changes and launch it. All the Sheraton, Westin and VSN reservation systems remain in place as they were, and Abound is an additional choice that eligible Sheraton and Westin owners can make on a yearly basis.
No. The only exchange benefit for Hyatt is between Hyatt and former Welk properties. It really isn't any kind of priority, just the discounted exchange fee.Do MVC trades at least get the same Interval International exchange priority into Hyatt like we do MVC-MVC since Hyatt Vacation Club is owned by Marriott?
The reason MVC to MVC priority is there is because MVC uses II as its official internal weeks trading platform, and has always done so, even before MVW bought ILG. Hyatt have their own internal trading process and inventory doesn't get into II until after that has run its course. I wouldn't expect Hyatt owners to be happy with MVC owners having access to the Hyatt inventory as soon as the inventory is available for them book via points in their internal exchange.Do MVC trades at least get the same Interval International exchange priority into Hyatt like we do MVC-MVC since Hyatt Vacation Club is owned by Marriott?
Hyatt took in a lot of resorts that were Welk. Different point system, different type of resorts and different floorplans. I love Hyatt but am just lukewarm on the Welk brand.
Correct. They did move Welk over to II. So owners can exchange between the two systems through II and pay the discounted exchange fee of $199 vs. $239 for the regular fee.Welk and Hyatt are still different animals, right? Don’t think one can buy Welk points to use for Hyatt yet, or Hyatt booking into Welk.
Why would they have to do all that? Couldn't they just create an affiliation agreement between the Hyatt Club point system and the Abound point system just like they did between VSN and Abound? I see no need to change deeds or get consent of owners. They didn't do anything like that with Vistana ownerships when they brought them in.This will never happen. They would have to change the rules, the deeds, and get consent of owners.
The easier route - which they have followed - is to convert everyone to a points system. Once you are converted then they can makes changes and integrate points from different programs.