Legacy Week deposit direct deposit into II, true or false?

[seema]

I am a legacy deeded owner of a week at Ko Olina.

I was at a sales presentation for the new vacation club points, recently.

It was mentioned that if I want to deposit my week into II by the traditional system - ie not converting into Vacation club points - that can done.

The first step, as has always been the case, is to first reserve the week with MVCI. So far, so good.

Before June 2010, when the new Destnation Club/Vacation Club points system came out, that week would directly be deposited into II.

However, at least one person of many at the sales presentation implied that with the new system , MVCI can now take my deeded week that I wanted to deposit directly into II, and deposit it into the Vacation Points inventory, and it can give II a less desirable week. Is that true?

 

[GregT]

However, at least one person of many at the sales presentation implied that with the new system , MVCI can now take my deeded week that I wanted to deposit directly into II, and deposit it into the Vacation Points inventory, and it can give II a less desirable week. Is that true?

If you deposit your Ko Olina week into II, you will have the trading power that you expect for your deposit.

However, we suspect that Marriott is indeed cherrypicking weeks that would otherwise be available from II and putting those weeks into the Destination Club inventory. So you may still have the deposit that you expected to have in II, however there may not be as desirable weeks available for you to trade for (from II -- because they were cherry picked).

TUGgers have reported continued good success in trading via II so the reports of II's demise appear greatly exaggerated. However, trades do appear to be coming later than the historical pattern, and we see many weeks pop up in II for Flex trade -- these may be weeks controlled by Marriott that they release back to II much closer to check-in (impacting their value to you if you had been seeking that week).

It remains disappointing that Marriott is relying on smoke and mirrors to try and sell their points product. This only further harms their reputation.

Best,

Greg

 

[MALC9990]

If you deposit your Ko Olina week into II, you will have the trading power that you expect for your deposit.

However, we suspect that Marriott is indeed cherrypicking weeks that would otherwise be available from II and putting those weeks into the Destination Club inventory. So you may still have the deposit that you expected to have in II, however there may not be as desirable weeks available for you to trade for (from II -- because they were cherry picked).

TUGgers have reported continued good success in trading via II so the reports of II's demise appear greatly exaggerated. However, trades do appear to be coming later than the historical pattern, and we see many weeks pop up in II for Flex trade -- these may be weeks controlled by Marriott that they release back to II much closer to check-in (impacting their value to you if you had been seeking that week).

It remains disappointing that Marriott is relying on smoke and mirrors to try and sell their points product. This only further harms their reputation.

Best,

Greg

Switching to request first of course will frustrate MVCI since the week only gets deposited if you get the exchange.

 

[m61376]

Basically, Marriott can act like a trader and take desirable weeks from II and give them an equivalent exchange. The definition of "equivalent" is the rub here- can they give II 2 mud weeks for a premium week? Is that "equivalent?" So it can be that II doesn't have the premium week that you deposit to offer for others to trade into; on the other hand, people are still reporting good trades, but some feel that they are waiting longer.

MALC9990- I've mused over whether trades would be facilitated by request firsts, esp. if you are giving up a more premium week with limited or no trust inventory.

 

[BocaBoy]

TUGgers have reported continued good success in trading via II so the reports of II's demise appear greatly exaggerated. However, trades do appear to be coming later than the historical pattern, and we see many weeks pop up in II for Flex trade -- these may be weeks controlled by Marriott that they release back to II much closer to check-in (impacting their value to you if you had been seeking that week).

I wish I knew what the actual facts are. It is only one example, but we recently traded a 2BR Grand Chateau for a 2013 Easter week at Newport Coast. That trade came through for us early this month, nearly 13 months ahead of our stay.

 

[dioxide45]

I wish I knew what the actual facts are. It is only one example, but we recently traded a 2BR Grand Chateau for a 2013 Easter week at Newport Coast. That trade came through for us early this month, nearly 13 months ahead of our stay.

While it is Easter, April in SoCal is not really peak demand. The II TDI peaks at 115 for April but at 150 for Summer. The fact you were also offering up a like for like (2BR for 2BR) made the trade probably rather easy. You may have actually been able to score that trade with only one side of your 2BR Grand Château lockoff unit.

 

[Garnet]

While it is Easter, April in SoCal is not really peak demand. The II TDI peaks at 115 for April but at 150 for Summer. The fact you were also offering up a like for like (2BR for 2BR) made the trade probably rather easy. You may have actually been able to score that trade with only one side of your 2BR Grand Château lockoff unit.

This is when many schools have spring break. I think this one week ups April's demand index.

On another note, take a look at Westin's deposit rules with II. Even if you have a deeded week, Westin basically picks a week and deposits their (Westin's, of course) choice of week to deposit. Thus, Westin chooses for you the week to deposit. I believe this is true for float season owners. There are some true fixed week owners, those fixed week owners have successfully argued to deposit their fixed weeks into the II system. Denise (the mod) is probably the one to ask for information on this.

Not as up on ts as I used to be...but, check out the Westin old threads...

 

[dougp26364]

Originally, as it was explained and how I understood things to be (which could be wrong), is that the DC exchange manager could, at their discreation, make exchanges from the trust inventory directly with the inventory deposited with I.I. on a "like-for-like" basis. IOW, if the week they wanted had more desirability and the DC exchange manager didn't have anything of equivilent value that they wanted to give up, they could give I.I. multiple weeks of lessor value, so long as the value of weeks relinquished by the DC exchange manger came up to the equivilent value of the week taken from I.I.

Essentially, Marriott can cherry pick to some extent but, they need to have the weeks needed to make the exchange. The biggest thing I got out of what I've read is that Marriott can get first crack at I.I. inventory.

How true any of that is would be anybodies guess. The real tell of the tale will be how easy or difficult it is to get exchanges via the traditional weeks exchange system. So far the postings on TUG indicate there hasn't been much change if any change at all.

Never believe what a TS salesman is telling you. Most of the time they don't own the product they're selling and they certainly don't have much of a clue how to use it. Of all the people to take advice from, they typically have the least knowledge from what I've seen.

 

[dioxide45]

This is when many schools have spring break. I think this one week ups April's demand index.

I don't dispute this. I however compare this to a place like Hilton Head Island. While it is Easter, it is far from the highest demand and is usually a fairly easy trade. Easter has certain places where it is truly peak, Orlando, Florida, Hawaii, Caribbean. SoCal and HHI are not at the top of the list.

 

[cruisin]

April is a fairly uncommon NCV trade, Sept-March is easy, April and may get a few, Summer is really har, nothingis impossible, but April is a Solid trade

 

[Former Cruiser]

That's exactly why I'm planning on doing "Request First" from now on with my Oceanwatch platinum week. If they want it they have to give me what I want. Shouldn't be to hard to accommodate as we travel after Spring Break and before school lets out, but not taking any chances.

 

[seema]

this thread might be evidence that some legacy weeks deposited into II

See link to this thread:

http://www.tugbbs.com/forums/showthread.php?t=167909

 

[BocaBoy]

While it is Easter, April in SoCal is not really peak demand. The II TDI peaks at 115 for April but at 150 for Summer. The fact you were also offering up a like for like (2BR for 2BR) made the trade probably rather easy. You may have actually been able to score that trade with only one side of your 2BR Grand Château lockoff unit.

Actually we used the 2BR side of a Grand Chateau 3BR. We had previously used the 1BR side to get a 3BR Timber Lodge for October (off season of course).

I was not surprised to get the trade, only that it came through so quickly. Probably because our 2BR deposit was sitting there when the 13 month Newport Coast deposits were first made.