I would not consider purchasing Marriott Grand Chateau for rentals. Easy to book via points along with many opportunities to exchange, getaways and accommodation certificates in II. Also cheap hotel casino alternatives (Excalibur) along the strip. You would be lucky to break even on MF's if you could not use and needed to rent in any given year.
II lists GC as 2/4 which means it sleeps 4 but has privacy for 2. IMO buying GC for rentals is an extremely poor choice. Rooms are cheap in LV and it's easy to exchange in. IMO the benefit of GC is to use when exchanging in from other resorts and to own to exchange to other locations. IF one wants rentals, look at something that's high demand like HI, Aruba, HHI, etc. Personally I think buying with the main intent to rent is still a poor choice but I do think there are situations when it makes sense, mostly if one wants to use part of the time and rent off years. Even when the math works owning to rent, I want at least a 20% ROI per year including purchase price and maintenance fees but even that is a high risk play IMO.
I was going to suggest that myself. I am looking at GC for II exchanges. We travel 22 weeks a year and only own five weeks that we use every year. I need some good trader weeks. I have been getting rid of everything in RCI for the last three years. I just don't love paying $25 per day for Hilton SeaWorld through exchange. I am tired of added fees. It's a huge turnoff.
I'd just exchange as the smaller components. If you don't belong to II anyway and this would be a rare occurrence, I'd exchange through an independent exchange company if it's not frequent enough to justify joining II. I also think one should consider whether just paying cash for the occasional trip there is likely best otherwise. Or just exchanging in on the years you need to be there. Maybe exchange the studio from there or elsewhere back to LV and use the 1 BR to exchange elsewhere.
II is wonderful, marvelous, amazing, and every other synonym I can think of. I love my Marriott and Westin exchanges, and I love the Hyatt resorts, too. I love II. The independents are terrible.
I don't think I would hold either opinion as extremely as you apparently do. What I was addressing was that there is a frequency of exchanging where it doesn't make sense to pay II for a membership fee. When that's the case the questions would include whether one should even own at all and what the other options would be. IMO using an independent would be far better than trying to rent out LV other than for maybe a Platinum Plus week or a one off issue like a one time event such as a Super Bowl.
Which one would you use for a Marriott deposit? I haven't been happy with any alternates. Not a single one has done well by me. The only one I haven't tried is GPX, and I know it's a great exchange company but I don't own a GP resort, so I cannot use it.
I think it varies with the intended usage. I'd investigate which one would likely get me what i wanted. Without additional information likely Ownertrades or SFX for MVC. For Europe likely 7 Across. In addition I'd investigate exchange fees and membership fees as it applied to my situation at the time. I admit one is giving up a lot not using II for MVC but one exchange every 5 years or more makes joining II questionable unless there are other benefits one will use like Getaways. Again, the first question is whether to even purchase and for the situation being discussed, the answer might often times be that one should not.
We own a lot of II weeks. We travel 22 weeks a year, and we only own five that we use every year. I count on exchange, so that is a different perspective for me.
I use it too though not as much as you do and for you and I, II is perfect for MVC weeks. But that was not the situation being discussed as I understood it.