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

[wsrobinson]

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.

This isn't true in all cases. My SurfWatch week is valued at 5750 points which is more than enough (4500) to stay for 7 days at SurfWatch in platinum season.

 

[abdibile]

If classic Interval weeks exhangers would have the same chance to reserve these weeks deposited into Interval than MVC Points owners, I would not really care.

But it would be problematic if Marriott could move high demand weeks out of Interval into their own "reserve" inventory without any MVC Points owner having requested that high demand week.

 

[timeos2]

Not the highest at all

WOW! So if I read this correctly and, if you buy in as a trust member and later want to sell your trust interest, Marriott is going to hit the new owner with a $2,000 initiation fee! That has to be the highest transfer fee in all of timeshare land.

Since points aren't attached to anything other than the right to exchange, excluding a resale owner from the actual "exchange company" renders trust points worth less than nothing. In fact, they're worth -$2,000 IMHO.

DRI gets $2999 to "rejoin" THE Club if the underlying ownership (non-trust) is transferred/resold.

Needless to say resale values aren't impacted favorably. I doubt Marriotts will be either. Marriott was once one of the handful that held reasonable resale value but those days are long gone and about to get worse.

 

[DanCali]

'

If you plan to buy resale, put into the contract that the current owner must join the new system prior to your closing on it.

Under that scenario I would think those benefits would then transfer to the new buyer.


.


.

Weeks purchased on the resale market after 6/20/10 are not eligible. Period.

 

[David10225]

Here is the link to where I saw how many points it takes to reserve a week

https://www.my-vacationclub.com/en-us/owners/2_pointsCharts.jsp

I got it from one of the posts above me.

As you can see...a WHOLE week at Heritage Club in 2011
May 27 – Aug 25
Fri – Sat 625 (per night)
Sun – Thur 250 (per night)
Full Week 2,500

VS

Barony Beach

May 27 – Aug 25
Fri – Sat 1,125 (per night)
Sun – Thur 450 (per night)
Full Week 4,500 this is for ocean side, not ocean front

So a big difference right there...I never stayed at Heritage Club, but I think it is the one in Sea Pines not on the beach..but hey...for 2500....worth it to be in HHI!

I still can find out how many points they will give me for my platinum BB

 

[1965]

i am not going to marriott point system till I am forced to
I am staying with Marriott Week system
I was told by MVC a few minutes this

It will cost me $1995 to enroll my (4) MDS #2 Platinium into
MVC point system
they will be MVC points forever
unless I have them moved back to
Marriott Week system
but
if I move them back to MVC point system later in life
They will cost me $1995 every single time I do this


when I use my MVC 2900 points per year
that I get from MDS #2/Platinium

they expire after (1) year
no banking
I asked very very specific no value
after (1) year


here is the really bad news for me at some point in my life.

#1. Every single marriott retail from this point
is in the Marriott point system
Marriott week system is dead, for all Marriott Retail purchases
This means no deposits every again
on any Marriott property that comes into creatioj after June 20,2010.
this means no deposits every again by an marriott retail owner when he deposits his weeks with marriott,
that marriott retail owner bought after June 20,2010.

#2.
Every single marriott retail or marriott resale owner
that converts to marriott point system starting June 20,2010.
The weeks that person trades
for the rest of their life
for marriott points
that trades will placed in
the inventory
that is in Marriott Trust/Marriott point system
and
can never again be a eligible for Interval/Marriott/Trade
with marriott Interval Trading Advantage
that is so important to me.

 

[hipslo]

You would trust a SALESPERSON to tell you this?

No but I would be interested in both the response to the question, and the response to the request to put it in writing. If I were taking the tour, I might say that I am inclined to purchase but need the details on this point, in writing, before I am willing to committ, and then see what happens.


Ultimately, I doubt anything will ever be provided on this point, which ought to be telling in and of itself.

 

[hipslo]

"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.

clearly, that is what the language states

 

[vacationlover2]

I think the new system is terrible, for me anyway. My Manor Club Sequel is worth 2375. My Surf Club Gold Garden is worth 2575. When I like to go, I would have to use more points than I'm getting for my week.

Plus, as a resale buyer, it would cost me almost $2000 to join. But I see no benefit. Also, with a corporate II membership, can we go on and trade and do getaways? I know with Disney you can't. I like that option. Does anyone know that answer?

I think this may make Marriotts even more valuable in II.

 

[hipslo]

This isn't true in all cases. My SurfWatch week is valued at 5750 points which is more than enough (4500) to stay for 7 days at SurfWatch in platinum season.

Interesting. Probably the exception, rather than the norm, and also designed to provide high incentive to get certain owners to enroll.

The language also states that the number of points allocated to any week that is enrolled is subject to change each year. What we like (or don't like) now could be totally different next year.

 

[David10225]

If I was someone like SFX...I would be aggressively going after every Marriott platinum week owner NOW....I've been tempted to try them, but was always worried about their inventory.

 

[hipslo]

I think this may make Marriotts even more valuable in II.

Unlikely. All deposited marriott weeks are (potentially) withdrawn from II by marriott and are made available to marriott points owners. Why would II assign high trade value to weeks that are withdrawn from II by marriott?

 

[NJDave]

There is already point inflation going on. Just look at how many more points are required to reserve at Lakeshore Reserve versus the other Orlando resorts.

 

[saturn28]

Will Marriott Weeks Owners be Able to Exchange into New Marriott Resorts

Will Marriott weeks owners that don't convert to points be able to stay exchange into new Marriott Resorts that are selling points only

 

[David10225]

Interesting. Probably the exception, rather than the norm, and also designed to provide high incentive to get certain owners to enroll.

The language also states that the number of points allocated to any week that is enrolled is subject to change each year. What we like (or don't like) now could be totally different next year.

If it is indeed accurate that the number of points you will receive each year can change....AND the number of points required to reserve at a particular resort can change...that that is two very big red flags. I would assume they would have something in their documents like...the total number of points at any given resort is fixed, but the number per day, per unit and per season is subject to change in the future....sort of like what Disney has

 

[laurac260]

It would be interesting to be sitting at a resort right now with NON TUGgers to see if anyone has a clue about this, and if so, what the buzz is. But it does just occur to me, this is ONE Week per year of my life. I am watching this like it effects the other 51. I'm out. Have a Happy Father's day everyone!

 

[wsrobinson]

Interesting. Probably the exception, rather than the norm, and also designed to provide high incentive to get certain owners to enroll.

The language also states that the number of points allocated to any week that is enrolled is subject to change each year. What we like (or don't like) now could be totally different next year.

That could be the case. I certainly EXPECT values to go up in the future so Marriott can come back for more money. As it stands now with 5750 for SurfWatch plat 2 bed oceanside and 1925 for BB silver 2 bed oceanside I can go almost anywhere in Marriott's system. 7675 will get me just about anything. I am certainly intrigued by the new system.

 

[DanCali]

Good news to non converters (II)

Unlikely. All deposited marriott weeks are (potentially) withdrawn from II by marriott and are made available to marriott points owners. Why would II assign high trade value to weeks that are withdrawn from II by marriott?

I think the II topic merits a new thread,

Modertaors - feel free to split this post to a new thread...


I spoke this morning with two different II reps and asked how i am affected if I do not convert. Their answer was - "the change affects only those who enroll"

They both said that you can still deposit the week you resreve and the Marriott priority remains.

I'll try calling owner services too...

"non-enrolled Owners who trade their usage for Marriott Rewards points or exchange their week through membership in Interval International."

I think that language regarding inventory (I alluded to this somewhere early in the thread) somehow relates to weeks deposited into II through Marriott, although i am not sure how. I wouldn't be surprised if quite a few owners operate in that manner when depositing.

 

[David10225]

Since this is Father's day..I'm allowing myself extra time on the computer this AM instead of lawn work as I should be doing

Let me say two things and I'll get off and let others have a chance...

1. I'm am so waiting to hear from PerryM!

2. I sold my Disney points to buy the Marriott at HHI. I got tired of trying to get in every summer and having no availability (except for those expensive Friday and Saturday nights). So while I still can go to HHI every summer if I choose, my ability to try different Marriott resorts seems to be diminished now unless I join this club..

 

[pacheco18]

The language also states that the number of points allocated to any week that is enrolled is subject to change each year. What we like (or don't like) now could be totally different next year.

A contract that is binding on us as owners and not on Marriott is EXPLETIVE.
No one in their right mind signs a contract like that.

 

[1965]

dancali:
at some point with all the new marriott retail purchases and all the
marriott convertors have access to
Marriott points thru mariott pointstrust system
and
marriott weeks thru interval and back to marriott points trust system

while Marriott week owners (non converters)
will only have limited access to Marriott weeks thru Interval
and
of course/ not access to marriott points trust system?

if this is all true, pls tell me it will be several years
before this occurs?

 

[DanCali]

I think the II topic merits a new thread,

Modertaors - feel free to split this post to a new thread...


I spoke this morning with two different II reps and asked how i am affected if I do not convert. Their answer was - "the change affects only those who enroll"

They both said that you can still deposit the week you resreve and the Marriott priority remains.

I'll try calling owner services too...

An Owner Services rep also confirmed - no changes with II if you don't convert... You deposit the week you reserve and that inventory is separate.

They did try to get me to buy more points to get the trades I want with points though.

 

[aka Julie]

An Owner Services rep also confirmed - no changes with II if you don't convert... You deposit the week you reserve and that inventory is separate.

They did try to get me to buy more points to get the trades I want with points though.

They're already shaking folks down!

 

[hipslo]

Implications for 13 month rule - Not Good for Weeks Owners?

While I suppose this won't matter if weeks and points inventory are truly kept separate (unless allocation of reservations between the two pools is purely "first come first serve" as between points and weeks), but I have been playing around with a new calendar on the mvci website that tells you the first date on which you can call in to reserve under points if you qualify as premiere or premiere plus, at 13 months in advance, and, lo and behold, points owners get a couple of days jump on weeks owners in terms of the first date to call in.

 

[David10225]

Hmmmm..

7 night cruise on the Radiance of the Seas to Alaska for 2 people in an outside cabin in July 2010 is 2650 vacation club points......

That same trip on cruise.com is $1509 for two people......hmmmmmmmm