Saintsfanfl
TUG Member
I just don't get why they are blocking new II resevations. Those reservations are there and backed up by a maintenance fee. The resorts aren't closing. They aren't cancelling existing II and owner reservations.
So I am confused - MVCI's policy online says you can deposit your owner's week with Interval and if you are still 14 days out you are in the late deposit 60 day out booking timeframe. However, I am reading some posts that say Interval is not taking anything in April. So this is contradictory. I am in this boat and trying to figure what to do? If I can't even deposit with Interval then there is no reason to cancel?
My cousin has a friend with a Hilton timeshare. He had to cancel, like everyone else due to the virus. I don't exactly know what "individual status" means in that program, but his has been extended one full year by Hilton and he's very happy. I'm guessing he didn't have the same horrid experience as Marriott members.
I just want to be clear that the week Marriott had to deposit for me into II (because I had to cancel my upcoming week based on Marriott's email and the virus) actually expires on 12/17/2020? So I have to actually use the deposited week by December 17th? Like everyone else with reservations coming up within 75 days? Is this correct? Doesn't leave much options - I imagine II will be inundated with people trying to book something within a 60 day window making availability not so good?
We have never deposited in II and I have no idea what to expect - other than losing my week completely.
I still haven't gotten to call the Marriott exit program, but I do know we want out. Compared to Hilton and Disney and every airline - Marriott's policy during a worldwide pandemic sucks.
Dee
If you had kept the week, what would you have done with it?fyi: I canceled an April 5 week at Ko Olina, received an II COVID-19 certificate and there are limitations including the following:
"Certificate may not be used for the following AREAS.Florida, Fort Lauderdale Coast From:01MAY To:31DEC,Florida, Upper Keys,Florida, Lower Keys,Florida, Key West,Florida, Tampa Bay,California, Kirkwood,California, Southern Coast,California, Big Bear Lake,California, San Diego Area,California, Northern National Forests,California, San Francisco,California, Napa Valley,Hawaii, Oahu,Hawaii, Maui,Hawaii, Kauai,Hawaii, Molokai,Hawaii, Big Island, "
I should have just kept the week.
fyi: I canceled an April 5 week at Ko Olina, received an II COVID-19 certificate and there are limitations including the following:
"Certificate may not be used for the following AREAS.Florida, Fort Lauderdale Coast From:01MAY To:31DEC,Florida, Upper Keys,Florida, Lower Keys,Florida, Key West,Florida, Tampa Bay,California, Kirkwood,California, Southern Coast,California, Big Bear Lake,California, San Diego Area,California, Northern National Forests,California, San Francisco,California, Napa Valley,Hawaii, Oahu,Hawaii, Maui,Hawaii, Kauai,Hawaii, Molokai,Hawaii, Big Island, "
I should have just kept the week.
So May 1 to December 31 is pretty much the length of the certificate? So this sounds similar to one of the free certificates we get from II every once in a while. Lots of restrictions. Usually Marriott to Marriott II trades were free for us but it sounds like any exchange is 99?fyi: I canceled an April 5 week at Ko Olina, received an II COVID-19 certificate and there are limitations including the following:
"Certificate may not be used for the following AREAS.Florida, Fort Lauderdale Coast From:01MAY To:31DEC,Florida, Upper Keys,Florida, Lower Keys,Florida, Key West,Florida, Tampa Bay,California, Kirkwood,California, Southern Coast,California, Big Bear Lake,California, San Diego Area,California, Northern National Forests,California, San Francisco,California, Napa Valley,Hawaii, Oahu,Hawaii, Maui,Hawaii, Kauai,Hawaii, Molokai,Hawaii, Big Island, "
I should have just kept the week.
Zora,fyi: I canceled an April 5 week at Ko Olina, received an II COVID-19 certificate and there are limitations including the following:
"Certificate may not be used for the following AREAS.Florida, Fort Lauderdale Coast From:01MAY To:31DEC,Florida, Upper Keys,Florida, Lower Keys,Florida, Key West,Florida, Tampa Bay,California, Kirkwood,California, Southern Coast,California, Big Bear Lake,California, San Diego Area,California, Northern National Forests,California, San Francisco,California, Napa Valley,Hawaii, Oahu,Hawaii, Maui,Hawaii, Kauai,Hawaii, Molokai,Hawaii, Big Island, "
I should have just kept the week.
Sad to hear about employee furloughs. It is good to see the execs are reducing their salaries since that doesn’t always happen - so they are doing the right thing and I applaud them for that. That being said, even 50% of their salary sounds pretty good to me.I'm seeing a thing in one of the Facebook owner groups that says the North American resorts are shutting down today. I can't find anything official to support that, and to me it looks like the person is confused about yesterday's release pertaining to cash/Bonvoy Points stays being canceled. This post is to say that if anybody has seen something official, can you please post it? Also to warn that if it shows up in any threads unsupported, it'll be deleted immediately with no explanation.
I'm also posting yesterday's press release, the latest from the corporate *newsroom* page, to give us all an idea of just how much MVW is doing to try to weather this storm. Impacted owners aren't the only ones who are being forced to sacrifice here - exec salary is being reduced 50%, furloughs/reduced work hours are happening, 401K matches are deferred ... the company isn't simply putting all this on the backs of owners.
I wonder if the points retain their 120 restriction if you cancel a reservation made with them outside the 60 day window? Meaning, could you make a reservation 120 days out then cancel and because they are no longer inside 60 days they would then drop outside of a holding account?
I don't think so. When you book it shows you what bucket the points are coming from on the confirmation. That would assume that the system keeps track of the bucket so it knows where to put them back if you cancel. But this is MVCI IT so who knows.
Well.... @rthib was correct....no loophole here to "clean" your holding account points. My cancelled late June test ressie made with 120 day Holding account points, cancelled before 60 days from check in, were returned to my 120 day Holding account, right were they came from. Chalk one up for the MVC IT guys.You are likely right. That said, as a test, I booked a late June midweek day using some of my 120 day holding account points. Will wait a couple days and cancel and see what happens. I suspect as you say, they will be returned to the same 120 day holding account, but we shall see. I'll report back.
They get it right when we don't want them to get it right.Well.... @rthib was correct....no loophole here to "clean" your holding account points. My cancelled late June test ressie made with 120 day Holding account points, cancelled before 60 days from check in, were returned to my 120 day Holding account, right were they came from. Chalk one up for the MVC IT guys.
Only 7% of CEO pay is salary lol; half his total payout would be applaudable but not the couple of dollars he'll give up.Sad to hear about employee furloughs. It is good to see the execs are reducing their salaries since that doesn’t always happen - so they are doing the right thing and I applaud them for that. That being said, even 50% of their salary sounds pretty good to me.
Only 7% of CEO pay is salary lol; half his total payout would be applaudable but not the couple of dollars he'll give up.
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Only if you want the additional deposits. If you don’t know and also need max trading power then no.
Do these deposits still have any trading power and a unit size associated?
I'm seeing a thing in one of the Facebook owner groups that says the North American resorts are shutting down today. I can't find anything official to support that, and to me it looks like the person is confused about yesterday's release pertaining to cash/Bonvoy Points stays being canceled. This post is to say that if anybody has seen something official, can you please post it? Also to warn that if it shows up in any threads unsupported, it'll be deleted immediately with no explanation.
I'm also posting yesterday's press release, the latest from the corporate *newsroom* page, to give us all an idea of just how much MVW is doing to try to weather this storm. Impacted owners aren't the only ones who are being forced to sacrifice here - exec salary is being reduced 50%, furloughs/reduced work hours are happening, 401K matches are deferred ... the company isn't simply putting all this on the backs of owners.