Marriott Destination Points...They have done it!!!!!! {Merged}

[1965]

i feel very threatened by this new Marriott points because I now get
(3) two bedooms trades thru Interval for each of my (2) bedroom Marriotts
but
i am curious if Marriott Vacation club points might be a little positive for me.



I have 2900 MVC Points for my MDS/Platinium
+
I can get (1) bedroom at marriott Ko Olina Beachclub for only 975 marriott
points
for (3) sunday-thursdy nights in october,2011
(325) x (3)=975 points


this is very very appleaing

what happens to the other
1925 MVC Points??

when can I make this direct reservation, with MArriott?
obvioulsy
Marriott Ko olilna Beach club/owners
must have some advantage over me?

 

[Asia2000]

From Asia2000

Not to sound too negative, but I find it interesting that in the Interval Buyers Guide PDF you will find on page 50, a list of timeshare programs with 101-250 members. Guess who made that list, Marriott's Asia Pacific Membership Club. Ouch! I'm thinking Marriott didn't want that in the book. 4 plus years of selling and less than 250 members??

I can't belive that. Everytime I was at the Phuket owners party lots of people there seemed to be points owners. I can not imagine that so many of 101-250 were on Phuket at the same time.

My mistake. I posted an error. I was thinking this number was referring to total members, but it is Interval memberships. Sorry for the confusion.

 

[calgal]

I think that this new development will boost participation in alternative exchange companies such as SFX. My impression is that once a week is deposited into II it will become part of the available points inventory, and that the Marriott week to week exchange model is dead in II.

 

[jesuis1837]

Let me see.... they want me to pay 1495$ PLUS an annual fees for that program and i'll get only 2950 points???

Perry was right; all they want is your money and try another way to rip you off... no way i'm enrolling! I dont see anything good there while with my 2 bedroom i was able to trade in Aruba at will.. it seems now i would have to pay much more $$ (aka chart). I will still stick with II and hopefully i wont be the last... and if i cant get anything now with II well here comes SFX or their friends...

 

[wsrobinson]

Your SurfWatch must be 3BR ???

No, it is a 2 bedroom

 

[dougp26364]

I am being offered 5350 points for each of my mountainside platinum weeks, and 1325 for my fairway villas week, all purchased resale. So far I can't seem to access the calendar telling me what it would cost to reserve a feb/march week at mountainside, which I have never had any trouble doing in the past, but somehow I think it will be more than 5350.

6,900 points for a 2 bedroom in Feb/March.

The only chance I see is that the points table we're looking at on the PDF isn't accurate. The URL isn't a Marriott URL.

 

[wsrobinson]

So, based on values given previously for summer weeks on HH I have more than enough points to reserve a summer week (5750 vs. 4500). Its not all doom and gloom.

 

[1965]

cal gal:
why would the Interval/Marriott week to Marriott week
Interval/Marriott trading advantage be dead, as you sugguested.

If you are correct, my Trading model is 100% destroyed!

 

[laurac260]

If I understand this correctly, resale owners who wish to sell in the future would have value if they join the program first. The future buyer would be able to pay $2000 and join the program. This would be much cheaper than buying points from Marriott.

Where did you see this? I saw two things that make this not possible. #1 that resales had to CLOSE prior to June 20, 2010 (today) and that as a resale purchaser, I saw that I had until Dec 31st, 2010 to join. Reading that, it looks to me as though resale purchasers hands are being turned that we HAVE to join (or atleast we should assume that we HAVE to join). Where did you see that future buyers would be able to pay $2000? And is that future direct purchase buyers?

 

[1965]

I am more confused than ever?

will the Marriott Vacation club points (2900) for MDS #2
just be used thru marriott like I was use to read doing thru Disney vcation club

certain MVC Resort
certain time of year
certain day of week

point requirement

or
will I still use my (2900) MDS points thru Interval
to get Interval/Trades of marriott properties
thru Marriot new point system

I was feeling better than someone suggested that marriott weeks trades thru Interval with marriott trading advantage
are 100% going to be dead

 

[deedman]

i guess it's time to start a class action lawsuit. having people buy into a points program that offers less points for what the week actually takes to stay in doesn't seem very kosher. Especially if they truly kill the II exchange functionality for owners.

 

[abdibile]

It does not look like Marriott sucked all the weeks deposited with Interval out of Interval into their new exchange pool.

I still see some quite high demand weeks being available in Interval.

Lets hope this does not change too much in the future.

 

[1965]

i think people have used marriott bronze weeks/Lock offs at 60 days
to get really nice marriott Haiwiian properties in low season, as an effectivfe trading strategy.

I wonder how many MVC points those properties are worth

 

[hipslo]

6,900 points for a 2 bedroom in Feb/March.

The only chance I see is that the points table we're looking at on the PDF isn't accurate. The URL isn't a Marriott URL.

Thanks. The links to the chart on the new marriott website is not working for me, and I can't seem to access davidvel's pdf chart. Are the points folks are citing coming from david's pdf? If so, david what is the source of that chart?

 

[gmarine]

Many resale buyers havent paid much more than $1500 for their weeks. I cant see these same owners shelling out another $1500 to join this program. I certainly wont pay $1500 to join.

 

[abdibile]

Thanks. The links to the chart on the new marriott website is not working for me, and I can't seem to access davidvel's pdf chart. Are the points folks are citing coming from david's pdf? If so, david what is the source of that chart?

You can download that chart during the enrollent process.

 

[pacheco18]

i guess it's time to start a class action lawsuit. having people buy into a points program that offers less points for what the week actually takes to stay in doesn't seem very kosher.

There is no viable lawsuit here (I am an attorney).
You are not forced to buy into the program.
You can keep what you bought - you were never guaranteed any SPECIFIC trade -- only the right to use your unit in the season you bought and the ability to trade into other resorts (WHERE UNITS ARE AVAILABLE). There was never a guarantee of availability. What most are saying here is that perhaps the availability of "good trades" or "trading up" will decrease. No contract promised either. And if a salesman told you you could do so, any representations by a salesman are voided by the merger clause in the contract.

Personally, I think this program has a high probability of failure or at least huge problems and, as someone posted, Classic Coke might return.

 

[hipslo]

Allocation of Inventory

So far the only thing I have seen concerning source of inventory in the materials released is the following:

"Where will the inventory come from to fulfill vacation reservations within the Marriott Vacation Club Collection?Inventory throughout the Marriott Vacation Club Collection will be available for reservations for Enrolled Owners via other Marriott Vacation Club Owners who enroll their weeks and elect Vacation Club Points, and non-enrolled Owners who trade their usage for Marriott Rewards points or exchange their week through membership in Interval International."

No mention is made as to how inventory is to be allocated between the pool available to points and the pool not available to points. This seems to be a key question in evaluating the new system. If anyone is taking a sales tour in the near future, it would be great if you could ask for details as to how the allocation is to work, and to try to get something in writing on this.

 

[NJDave]

Where did you see this? I saw two things that make this not possible. #1 that resales had to CLOSE prior to June 20, 2010 (today) and that as a resale purchaser, I saw that I had until Dec 31st, 2010 to join. Reading that, it looks to me as though resale purchasers hands are being turned that we HAVE to join (or atleast we should assume that we HAVE to join). Where did you see that future buyers would be able to pay $2000? And is that future direct purchase buyers?

I interpreted it to mean that the conversion rights do not transfer for subbsequent sales.

I was thinking that this could change over time whereby Marriott offers incentives for resale legacy deed owners to join. However, then I realized that if Marriott controls the Interval inventory, that they wouldn't need the resale owners to convert. The market value of resales will drop, Marriott will buy them with ROFR, and convert and sell them for points.

I sound like Perry now and I was one who thought Marriott would do the right thing.

 

[timeos2]

You get average but request specific

That flexibility comes at a very high price from what I'm seeing. Marriott takes you week, gives you points but, gives you fewer points than what they charge other owners to reserve that week. Right there is a discrepency in valuation. They give you 4,000 points but charge everyone else 5,000 points for the SAME week. Marriott just made a 1,000 point profit on the transaction. Eventually, some TUGGER will be able to put a $ value on those points so we can better estimate how much Marriott is getting into points members pockets.

Compare this with both DRI and HGVC and you can see how unfair the program is to owners.

1. With both DRI and HGVC, I receive enough points for my weeks to book any week in the season I originally purchased. With Marriott no-can-do.

2. Marriott has reserved the right to vary points depending on demand. DRI and HGVC are fixed and can never vary. If I buy a certain number of points to stay in Hawaii, I know I'll always have enough points to reserve that week. With Marriott, again no-can-do.

The more I look at this program, the more I believe Marriott is giving their owners the shaft. I never would have thought that about Marriott until now. They had a chance to hit a home run with this new program. Instead it's more like the squib that's picked up by the catcher for the easy out at first.

I don't think the differences you feel are there actually exist. In most (all?) points systems - especially those based on internal inventory vs third party as in RCI Points - what an owner receives in points for their ownership is the average points for the season/use type they own. That hardly ever is the same as the published points required to reserve that use at the resort. Because you own the rights at the home resort what it takes in points to get that reservation doesn't matter - you can reserve your use time as you always could. You don't get the maximum value of the highest week as you don't get that every year nor do you get the least value of that season as you don't get that every use period either. You get the average of all of the season as that best represents what you purchased as converted to Points.

But once you step outside your home ownership you are on the "use" points grid and can get savings or require extra points to complete a use request based on the size, dates, etc of what you are requesting. DRI works that way as does Wyndham and many others. It appears the new Marriott system follows the same path.

In other systems the ability to pool, bank, borrow, rent and buy points allows owners to adjust use/ownership to their specific needs. I assume the Marriott system has that as well but haven't seen any details if they do. If they don't offer banking/pooling then that is another negative for the new system (#3 by my count). On we go.

 

[aka Julie]

No! It is capped at $1995 (but can currently only be entolled over the phone, not online)

When I go thru the faux enrollment process this what they show for enrollment fees for me:

2 Barony silver weeks (developer bought) -- $695
1 Shadow Ridge platimum week (resale bought) -- $1495
Total -- $2190

So unless the website is wrong, it's not capped at $1995. I'm not going to bother calling, since I don't think we'll be enrolling.

 

[pacheco18]

If anyone is taking a sales tour in the near future, it would be great if you could ask for details as to how the allocation is to work, and to try to get something in writing on this.

You would trust a SALESPERSON to tell you this? Not only have we all learned that many salespeople cannot be trusted, but they are not authorized to put anything in writing much less bind Marriott.

I think this first Announcement will be followed by many subsequent memos. They simply did not anticipate the many questions that would and could be raised, especially by some of the real experts on this site.

 

[wsrobinson]

When I go thru the faux enrollment process this what they show for enrollment fees for me:

2 Barony silver weeks (developer bought) -- $695
1 Shadow Ridge platimum week (resale bought) -- $1495
Total -- $2190

So unless the website is wrong, it's not capped at $1995. I'm not going to bother calling, since I don't think we'll be enrolling.

There is a disclaimer there you just missed it. There is also a note to contact them about your weeks because some are non-developer purchases. You will get a break on the 1495 amount.

 

[calgal]

"non-enrolled Owners who trade their usage for Marriott Rewards points or exchange their week through membership in Interval International." That was part of the answer to where will this inventory come from? That sounds like points members have access to the inventory from week deposits.

 

[DanCali]

Waiohai Beach Club platinum 4225 pts
(week 44)
BeachPlace Towers platinum 3225 pts
(week 3)
Legends Edge platinum 2250 pts
(week 31)

All in all it appears to be about right. It essentially would take two weeks at Legends Edge to trade into Waiohai.

Nothing apears about right... Have you looked at the points required to trade into Waiohai? More like 5K-6K...