Legacy DP not usable for new Destination Points Resorts

[Quackers]

I was told last week at a presentation, that my Legacy Destination points (Executive Level) would not be able to be used to book any of the new Marriott Vacation Club Resorts built or converted after the Destination Program was started. Does anyone have information on this?
I also asked if I rented trust points, could I then make the reservations, and again was told no. I was told all I would have to do is own just one Destination Club point then I could make the reservations but the minimum they sell is $2000 points. Is it worth trying to buy a small quantity of Destination Trust points resale, if this is the only way to reserve at the new resorts, specifically the Hawaii Waikaloa conversion?

 

[SueDonJ]

It will always be true - due to the legal set-up - that DC Trust Points have direct access to intervals both conveyed to the Trust and through the DC Exchange Company, and that DC Exchange (Legacy) Points have access to only intervals in the Exchange Company. BUT since the DC inception Marriott is and has been managing intervals in such a way that only a very few high-demand Trust intervals aren't made available through the DC Exchange Company immediately when their Reservation Windows open.

It may well be that Marriott intends at some point to hold back Trust intervals for Trust Members and/or give Exchange Members a priority for intervals if they purchase Trust Points. But as far as TUGgers' experience is proving it's not happening now; in fact it's indicated on confirmation notices that the majority of confirmed reservations - including those using Trust Points - are booked through the DC Exchange Company.

Marriott Vacation Club at the Mayflower is a recent example of a new resort which hasn't ever had Weeks available for purchase, meaning it's a Trust-conveyed property only. For what it's worth, I'm an Exchange Member who doesn't own Trust Points and I'm able to book intervals there using my Points from enrolled Weeks. When it first came online several of us did reservation tests and we didn't find any evidence of intervals being restricted based on the origination of our Points. Trust, Exchange, rented, borrowed, banked - all worked the same.

I like the DC Points product, would consider purchasing them direct if I needed more timeshares, but not for any of the reasons your salesperson used to try to get you to buy. Those scare tactics simply aren't playing out.

 

[taterhed]

Points are points.

I'm assuming you enrolled your weeks?


Only with small exceptions can legacy vs trust points matter.

here is one thread discussing: http://tugbbs.com/forums/showthread.php?t=223450&highlight=legacy+trust+points

Points faq: http://tugbbs.com/forums/showthread.php?t=197346

GregT Dioxide45 and SueDonJ are all brilliant on the Points issues....

read and enjoy.

How do you know if the salesman is lying? His mouth is moving isn't it?

 

[taterhed]

You can delete my post if you like...I was too slow. although I did give you props!

It will always be true - due to the legal set-up - that DC Trust Points have direct access to intervals both conveyed to the Trust and through the DC Exchange Company, and that DC Exchange (Legacy) Points have access to only intervals in the Exchange Company. BUT since the DC inception Marriott is and has been managing intervals in such a way that only a very few high-demand Trust intervals aren't made available through the DC Exchange Company immediately when their Reservation Windows open.

It may well be that Marriott intends at some point to hold back Trust intervals for Trust Members and/or give Exchange Members a priority for intervals if they purchase Trust Points. But as far as TUGgers' experience is proving it's not happening now; in fact it's indicated on confirmation notices that the majority of confirmed reservations - including those using Trust Points - are booked through the DC Exchange Company.

Marriott Vacation Club at the Mayflower is a recent example of a new resort which hasn't ever had Weeks available for purchase, meaning it's a Trust-conveyed property only. For what it's worth, I'm an Exchange Member who doesn't own Trust Points and I'm able to book intervals there using my Points from enrolled Weeks. When it first came online several of us did reservation tests and we didn't find any evidence of intervals being restricted based on the origination of our Points. Trust, Exchange, rented, borrowed, banked - all worked the same.

I like the DC Points product, would consider purchasing them direct if I needed more timeshares, but not for any of the reasons your salesperson used to try to get you to buy. Those scare tactics simply aren't playing out.
__________________

 

[dioxide45]

Points are points.

I'm assuming you enrolled your weeks?


Only with small exceptions can legacy vs trust points matter.

here is one thread discussing: http://tugbbs.com/forums/showthread.php?t=223450&highlight=legacy+trust+points

Points faq: http://tugbbs.com/forums/showthread.php?t=197346

GregT Dioxide45 and SueDonJ are all brilliant on the Points issues....

read and enjoy.

How do you know if the salesman is lying? His mouth is moving isn't it?

I feel honored to be considered an expert at this...

Marriott Vacation Club at the Mayflower is a recent example of a new resort which hasn't ever had Weeks available for purchase, meaning it's a Trust-conveyed property only. For what it's worth, I'm an Exchange Member who doesn't own Trust Points and I'm able to book intervals there using my Points from enrolled Weeks. When it first came online several of us did reservation tests and we didn't find any evidence of intervals being restricted based on the origination of our Points. Trust, Exchange, rented, borrowed, banked - all worked the same.

Shoot, The Mayflower was even available for exchange in II. Almost every week for the rest of 2015 was available at one point. So another lie that is often told, debunked.

 

[SueDonJ]

You can delete my post if you like...I was too slow. although I did give you props!

No need to delete anything - I like props as much as the next guy. Thanks!

 

[Quackers]

Thank you all for your input and the threads. I guess time will tell with the newer properties coming on line.

 

[SueDonJ]

Thank you all for your input and the threads. I guess time will tell with the newer properties coming on line.

Hmmm. That's an odd response considering that new properties have come on line and time has told, is telling. We know how Weeks and Points work because we're using them on a routine basis, and we have no ulterior motive to lead you in the wrong direction.

It's understandable that as a new poster you're not sure if you should be any more willing to believe us than a sales rep. That's okay - stick around for a while and hopefully we'll be able to allay any suspicions you have about us.

 

[kds4]

Hmmm. That's an odd response considering that new properties have come on line and time has told, is telling. We know how Weeks and Points work because we're using them on a routine basis, and we have no ulterior motive to lead you in the wrong direction.

It's understandable that as a new poster you're not sure if you should be any more willing to believe us than a sales rep. That's okay - stick around for a while and hopefully we'll be able to allay any suspicions you have about us.

As Sue correctly pointed out above, the legal framework to restrict access of legacy DC points from enrolled weeks to only the exchange company inventory is in place. However, past and current practice has shown that Marriott is depositing the vast majority of inventory into the exchange and not holding back any substantial portion for use by only 'pure' points owners.

Could that change in the future? Absolutely.

Will it change in the future? Who knows.

Would I consider the risk a basis to buy additional points? Uhhh, No.

 

[Bill4728]

As Sue correctly pointed out above, the legal framework to restrict access of legacy DC points from enrolled weeks to only the exchange company inventory is in place. However, past and current practice has shown that Marriott is depositing the vast majority of inventory into the exchange and not holding back any substantial portion for use by only 'pure' points owners.

Could that change in the future? Absolutely.

Will it change in the future? Who knows.

Would I consider the risk a basis to buy additional points? Uhhh, No.

I believe that I would state this even stronger.
Until MVC starts holding back a substantial portion of trust inventory for pure points owners, I would not consider this a reason for buying trust points.

 

[SueDonJ]

As Sue correctly pointed out above, the legal framework to restrict access of legacy DC points from enrolled weeks to only the exchange company inventory is in place. However, past and current practice has shown that Marriott is depositing the vast majority of inventory into the exchange and not holding back any substantial portion for use by only 'pure' points owners.

Could that change in the future? Absolutely.

Will it change in the future? Who knows.

Would I consider the risk a basis to buy additional points? Uhhh, No.

Fleshing out the thought, the legal framework has to be in place in order to protect the usage rights of Trust Members - Marriott can't sell any more DC Points than the amount correlated to the Trust conveyances and there has to be availability for every Trust Member who confirms a reservation according to the rules. But the same is true in the Weeks system, and Marriott uses the ability of Trust Members to use their Points at existing properties as a selling feature.

Thus it's a symbiotic relationship - Trust Members will always want to exchange out of and Exchange Members will always want to exchange in to Trust-conveyed intervals, so it's in Marriott's best interest to fuel the DC Exchange Company by mingling the overwhelming majority of available intervals within. If Marriott restricts Exchange Members' usage rights to the extent stated then there will be fewer non-Trust-conveyed intervals made available for Trust Members, which results are simply not in Marriott's best interest. Right now and for the foreseeable future there are too many existing Weeks not conveyed but necessary to fuel the machine, for these sales scare tactics to be implemented anytime soon.

{ETA} One caveat would be if any new future resorts are developed and brought online with all of their intervals conveyed to separate specific-to-those-resorts Trusts, resulting in a "home resort" ownership advantage for those Trust Members. There's nothing to say whether Marriott will or won't explore that (Disney Vacation Club-) type of set-up but it will be a completely different animal if they do. Again, though, the time to decide whether a Trust Points purchase is justified based on that will be when/if it's introduced, not now.

 

[puckmanfl]

good afternoon....
same old horse hockey!!!

pure scare tactics...

about 3 years ago at Oceana Palms they tried this on me. I told them if they put the "if you have any Trust points at all, you get complete access to Trust inventory in writing" I would write a check onthe spot....

They declined...

the average sale is 2000 Trust points..they don't have enough pure trust owners with enuf points to isolate these intervals to pure trust owners...

remember if you fall for this...in 10 years they will start a "sypertrust" and say if you don't buy Supertrust points you won't get new access...

 

[taterhed]

I'm saving my pennies for 'supermorphed' points.

 

[Fasttr]

...in 10 years they will start a "sypertrust" and say if you don't buy Supertrust points you won't get new access...

I'm saving my pennies for 'supermorphed' points.

If you could get supermorphed points access into the supertrust.....now that would be..... well.....super!!!