Slakk
newbie
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People talk of "test driving" the new system saying, what do they have to lose? They can decide to use home resort or trade for points but they have just locked in another annual fee just like the MF.
My question is about the club fee of $168. That seems to be an annual fee whether you trade for points or just go to your home resort - and since it is an annual fee there is no end in sight. What if it was not paid for a year, could they file a lien? Why would we want to pay an annual fee forever just in case we wanted to trade for point.
Right now, we get all the MR points we need through the use of our CC.
What am I missing?
I wish everyone would stop jumping to conclusions, Marriott is not treating me special. No secret handshake, nothing.
What you are missing is that most people have an II account. If you occupy only and never trade then the fee is a straight add.
However, if you do anything else with your week then it is better to join the new club.
Having an II account to do exchanges costs $89
Trading for points costs $109 - you are over the fee.
Locking off costs $75 - you are at the fee.
Trading your week for a Marriott costs $109 - you are over the fee
Trading both halves of your lockoff costs another $218 - you are way over the fee.
Trading is exactly the same under either option if you do not use the new points currency. You will be competing with other weeks owners, only your fees will be cheaper in the Marriott system.
The only thing not clear to me is if you enroll you may lose direct access to the II website. Many people would rather pay higher fees to have this direct access.
another thing, i purchased a SEASON. i was not given the opportunity to pick a specific week. i paid the same amount at the time of purchase as everyone else purchasing in that season. my m/fs are exactly the same 'LIKE TO LIKE." now i find out that my week is given a lesser POINTS VALUE then someone else owning in THE SAME SEASON but my m/f's are still the same as someone with a HIGHER POINTS value. i ask you WHERE IS THE EQUITY? THIS IS JUST PLAIN AND SIMPLY BAD.
What you are missing is that most people have an II account. If you occupy only and never trade then the fee is a straight add.
However, if you do anything else with your week then it is better to join the new club.
Having an II account to do exchanges costs $89
Trading for points costs $109 - you are over the fee.
Locking off costs $75 - you are at the fee.
Trading your week for a Marriott costs $109 - you are over the fee
Trading both halves of your lockoff costs another $218 - you are way over the fee.
Trading is exactly the same under either option if you do not use the new points currency. You will be competing with other weeks owners, only your fees will be cheaper in the Marriott system.
The only thing not clear to me is if you enroll you may lose direct access to the II website. Many people would rather pay higher fees to have this direct access.
According to this link (log-in required), you do not lose direct access to II if you enroll and then decide to deposit your week as in the past. The link explains exchanges for those who enroll but choose to reserve their own week and use it for exchanging. One quote:The only thing not clear to me is if you enroll you may lose direct access to the II website. Many people would rather pay higher fees to have this direct access.
The language at that link is similar to - but not identical to - the comparable link for weeks owners (those who don't enroll in the new program).Place your request with Interval International. Visit IntervalWorld.com for contact information or to place your request online.
If you do not spend the $700 you will potentially seriously impair the functioning of your timeshare in the future.
What you are missing is that most people have an II account. If you occupy only and never trade then the fee is a straight add.
However, if you do anything else with your week then it is better to join the new club.
Having an II account to do exchanges costs $89
Trading for points costs $109 - you are over the fee.
Locking off costs $75 - you are at the fee.
Trading your week for a Marriott costs $109 - you are over the fee
Trading both halves of your lockoff costs another $218 - you are way over the fee.
Trading is exactly the same under either option if you do not use the new points currency. You will be competing with other weeks owners, only your fees will be cheaper in the Marriott system.
The only thing not clear to me is if you enroll you may lose direct access to the II website. Many people would rather pay higher fees to have this direct access.
Questions regarding geographic restrictions on trading:
1 - I own at Ocean Pointe and am currently restricted from trading into Oceana Palms. Under the Points system, can I now use my Ocean Pointe points (plus the extra 800 pts for sign up) and stay at Oceana Palms?
2 - If the answer to no. 1 is yes, if I already reserved a week at Ocean Pointe for 2011, and I sign up for the new program, can I cancel the reserved week and change to a week at Oceana Palms instead.
Thanks.
EDIT - Okay, wait a minute... I don't see anything wrong with that part of the rules. Marriott will attempt Request First exchanges on behalf of Point members? I don't have any problem with that - as long as they are going to deposit a decent week in exchange, and as long as my Deposit First request is handled ahead of them. If they are given priority over us because they are Marriott, then I have a problem.
Is this the only basis for the idea that Marriott can snatch II inventory? If so, it seems pretty flimsy (and takes the wind out of my problem with the system)
There should be NO REGIONAL TRADING restrictions using points so you should be able to do your points into Oceana Palms.
However, keep in mind that if you use the Florida Club then you still can trade into Oceana Palms via Interval International. The key is that you have to reserve your week at one of the other four club members then deposit that week into Interval International and request your Oceana Palms week. Been there, done that three months ago myself.
There should be NO REGIONAL TRADING restrictions using points so you should be able to do your points into Oceana Palms.
However, keep in mind that if you use the Florida Club then you still can trade into Oceana Palms via Interval International. The key is that you have to reserve your week at one of the other four club members then deposit that week into Interval International and request your Oceana Palms week. Been there, done that three months ago myself.
It is as if a loophole has been closed in the law that now stops people from claiming deductions that they really should not have been able to deduct anyway. .
Most people could care less about resale value. They don't plan to sell. They may need to sell at some point, but they do not forsee it. Similar to a car people do not skip a $500 repair, but spend it to keep the functionalilty of the car. If you do not spend the $700 you will potentially seriously impair the functioning of your timeshare in the future. If you spent $1,000 on a resale you might not care, if you spent $100k you will care and the salesman will easily put a doubt in your mind and slip you the low pain solution 'try it out' you have nothing to lose.
This statement is exactly why people are upset. If true then Marriott has screwed all it's loyal owners.
For $89 to II a year you have access to flexchanges not available from Marriott, you can still use your home resort every year and pay a total of $89, and you will save about $75 a year. You will have to pay Marriott the fee ($165 until they increase it) each and every year whether you swap to points or not. If you use your home resort for 4 years you are about $380 ahead in savings and you had access to last minute rentals/getaways you wouldn't get converting to Marriott if you do lose direct access to the II website. If you exchange through II you can go to places Marriott has no resorts. You will save $600 to $1995 in conversion fees. You won't have to spend $9200 to buy points so you can afford to stay in your home resort if you need to bank your week or points until the following year to get 2 weeks. You will save the $9200 expense and be able to trade your Marriott week for like for like trades through II. You will save $400 a year in additional annual MF's on the points you have to buy in order to be able to trade like for like units thanks to Marriott's skimming. You will still have your VOTE if you don't convert! Your week will not become marriott's to do what they want with if you don't convert.
Summary comparing Marriott to II over 5 years if you use your home resort 4 out of 5 years.
II $89 annual
Access to Flexchanges
Access to worldwide inventory at 1000's of resorts
Exchange once in 5 years pay $149 exchange fee
Ability to request before exchange to see availability
Ability to trade like for like and to trade up
Access to getaways/last minute rentals
Ability to decide last minute to deposit your week for exchange
II 5 times $89 =$445 plus $149 for exchange for a total of $594
Marriott Points
$599 conversion fee (up to $1999)
Marriott $165 every year
No Flexchanges or discounted last minute inventory
No request first. From my understanding your week must be put into points long before the dates you can see what inventory is available to reserve
You must decide far in advance (13 months I think) whether you want points or use of your home week. Can't decide to exchange using points last minute like with II.
No access to cheap getaways
No ability to exchange for any resort other than Marriott
No ability to trade like for like weeks, and no chance to upgrade
Possible nightly or shorter than 7 day stays based on AVAILABILITY (prime weeks doubtful)
$165 times 5 years = $825 (II savings of $380) plus $599 conversion fee (minimum)= $1424
$1424 minus $594= $830 in II savings
add to that the $9200 you need to spend to buy points so you can stay in like for like trades and $400 every year in additiona MF's for the additional points $400 times 4=$1600 plus $9200= $10800
$1424 plus $10,800= $15,224.
$15,224 minus $594= $14,630 in II savings over 5 years.
Spending that kind of money on a new program that mght not work well for points members or even be in existence in 5 years is a huge risk. I'll stick with my home resort deeded week, the ability to vote, access to flexchanges, access to last minute getaways,access to non Marriott resorts/locations, and use II to exchange (or some other exchange company) whenever I decide to trade my week.
I11. If Marriott changes things in the future that you do not like you can go back to being a weeks owner any year you choose.
And if things change unilaterally by marriott and the program is not the same as the one I enrolled into, I can get a refund for the enrollment fee if I go back to weeks?
No, you will have to be happy with the incentive you were given to join. If you feel that is a significant risk then you should not join. I would evaluate it as a cost x probability
Enrollment fee $700
Value of 800 points $400 - Make up your own number
Net Cost to enroll - $300
Probability of hating new system - 50% - Make up your own number
Expected cost to join - $150
Expected savings in one year with 1 lock off and 2 Marriott II trades - $217
Net Cost of joining for one year - -$67
I will join based on the analysis. YMMV
We could bank our 2010 points into 2011 and go then!