Marriott Sales Presentation Today

[ptravel]

Fact or Fiction?

1. Representative told us starting April, 2022, Interval/Marriott will only be granting non Marriott exchanges with our deposited Marriott weeks in II. After that date, we will no longer be able to trade via II for a Marriott Week as all that inventory will be moved to the trust.

2. MVC Points purchased as Resale can only be used to reserve 60 days or less in advance of desired date/location when booking thru Marriott for points reservations.

 

[PsuFrh]

I certainly hope it's fiction. This would be really bad news for those of us who deposit weeks to II to use in the future. Please update as you get more information.

 

[bazzap]

Fact or Fiction?

1. Representative told us starting April, 2022, Interval/Marriott will only be granting non Marriott exchanges with our deposited Marriott weeks in II. After that date, we will no longer be able to trade via II for a Marriott Week as all that inventory will be moved to the trust.

2. MVC Points purchased as Resale can only be used to reserve 60 days or less in advance of desired date/location when booking thru Marriott for points reservations.

Fiction and most likely just pure desperation by your sales rep trying to get a deal.
If anything like this were ever to actually happen, it would immediately reduce the Inventory in many MVC resorts for other owners to access.

 

[JanT]

I get so mad when I see this kind of b.s. Some salespeople just have no scruples at all. I seriously doubt there's even a fraction of truth in those statements.

 

[vacationtime1]

Item #2 is actually true in a very literal sense. Resale points aren't very usable until you pay the $3/point enrollment fee to Marriott (which we all price into the cost of resale points anyway).

 

[frank808]

I got exchanges beyond April 2022 into MKO already. So pretty sure #1 is another lie by salesperson.

Sent from my SM-N975U using Tapatalk

 

[davidvel]

Most/many would not deposit theri weeks to II if they could not use them to trade to other deposited Marriott weeks. Those weeks would go elsewhere to another trading platforms that would revel in the prospect to facilitate such M to M trades. It may actually be a good thing if they did this. Of course it's BS.

To all those at presentations questioning if what a sales(&#%( says is true, do this: write the works "Marriott Presentation by Sales(&#%( [name]" then the date and place. Then write down what they said and kindly ask them to sign the paper with the statement "The above is true." Then see if they will sign it.

 

[dougp26364]

We’ve been told a few times over the last decade or so various incarnations of the II exchange lie, and it is a lie. You got a rookie salesman that either doesn’t own timeshare or owns a small amount and barely understands it.

Future dates mean absolutely nothing. MVC doesn’t tell it’s sales force what it’s exact plans are until they’re about to happen (think this weeks news, not next year). MVC isn’t about to alienate their owners over something as stupid as the ability to exchange. Not even resale owners.

they will make changes that are in their best interest and encourage future purchases. Sometimes those changes affect availability of different classes of owners, but that’s another story. There will always be some inadvertent shifting of available inventory as timeshare as a whole evolves. Fixed weeks to floating weeks. Floating weeks to points. Individual resorts being combined into resort groups. It’s all had an effect over the years. as a timeshare owner I’ve become accustomed adaptation, but I haven’t seen ANY company intentionally isolate their owners

 

[gln60]

Fact or Fiction?

1. Representative told us starting April, 2022, Interval/Marriott will only be granting non Marriott exchanges with our deposited Marriott weeks in II. After that date, we will no longer be able to trade via II for a Marriott Week as all that inventory will be moved to the trust.

2. MVC Points purchased as Resale can only be used to reserve 60 days or less in advance of desired date/location when booking thru Marriott for points reservations.

Would you mind sharing the name and resort of the B.S. artist?

 

[dioxide45]

This "story" goes back all the way to 2010 when Marriott introduced the trust and the points program. Do date, it hasn't materialized.

 

[Bill4728]

Same story yesterday. All MVC deposited into II after April 2022 will be pulled out of II and put into the MVC exchange.

 

[John Cerra]

Considering that Marriott OWNS Interval, it seems unlikely they would hamstring it to start up a new exchange service. All the bad will that would bring, as well as cut them off from non-Marriott owners who are potential buyers, and would now exchange on RCI.

 

[Bunk]

Have any of you brought a legal pad to the meeting and took notes during the presentation.

 

[AlmostRetired]

I get so mad when I see this kind of b.s. Some salespeople just have no scruples at all. I seriously doubt there's even a fraction of truth in those statements.

I also get mad at the sales person for doing this but even madder at MVCI for allowing it to happen. I ran a sales team for a large technology company that sold solutions that cost more. It cost more because the solutions had more value than competitors. The value had to be understood, believed and effectively communicated to,current and future customers to justify the price difference. Marriott moved to the point system when they could not compete with the cost differences with resale so they changed the value proposition. All MVCI sales people who lie do not believe in the value proposition to justify the price difference so they lie to create non existing value. Management feels the same way so they allow it.,

 

[vpplayer]

Same story yesterday. All MVC deposited into II after April 2022 will be pulled out of II and put into the MVC exchange.

I attended a sales presentation this morning at Grande Vista, and while the Sales Rep did not make that statement outright, he did say that as more points ownerships are sold, (and deed owners who enroll), the less opportunities there will be for deeds owners to trade through II into a MVC over time. Also claimed that over 98% of owners are now enrolled in points. I guess after 11 years since DE was introduced, both very well might be true. I own MKO 2-wk OV every year, and I'll remain a 2%-er though for now.

 

[dioxide45]

I attended a sales presentation this morning at Grande Vista, and while the Sales Rep did not make that statement outright, he did say that as more points ownerships are sold, (and deed owners who enroll), the less opportunities there will be for deeds owners to trade through II into a MVC over time. Also claimed that over 98% of owners are now enrolled in points. I guess after 11 years since DE was introduced, both very well might be true. I own MKO 2-wk OV every year, and I'll remain a 2%-er though for now.

We heard that same story back in 2010 at the sales presentations. Sure there are fewer weeks in II, but there are also fewer Marriott owners trying to trade in with preference. I mean, if they elect points, they can't use that same week to trade in II. The 98% is outright wrong. The last numbers I saw were a little over 50% have enrolled their weeks in DC.

 

[billymach4]

Pants on Fire.

 

[jmhpsu93]

Well Interval and Disney just announced an affiliate agreement, so trade options are actually going UP in interval in 2022. I'd love to hear the spin on this one - actually I have a presentation in January and I'll find out.

 

[Dean]

I could see MVC removing the internal trading preference for non qualified deposits/exchange requests.

 

[dioxide45]

I could see MVC removing the internal trading preference for non qualified deposits/exchange requests.

How do you define "non qualified"? Same as unenrolled?

One thing I wonder, will Vistana Home Options still be able to trade in II for other Vistana resorts. Right now a DC owner can't use DC points to trade into other Marriotts, but Home Options with Vistana from their Flex products can trade in II. Quite often it is better to trade in II with Home Options than to use them to book at other Vistana resorts in VSN.

 

[Dean]

It varies with the system but for MVC it'd be non enrolled or points without the junk fees being paid.

 

[travelhacker]

I could see MVC removing the internal trading preference for non qualified deposits/exchange requests.

I would think that it would have to be reciprocal, right?

If I deposited my MGC week since I am a resale owner it would have no preference attached so it would be fair game for all. They couldn't take my deposit and hold it in preference for three weeks, I would assume.

A lot of the really great inventory gets deposited in the bulk deposits from the trust points, so I could definitely see them removing resale owners from seeing those weeks. However, I thought that when using DC points, owners can't exchange back into Marriott's, so that would mean it would only be available to enrolled weeks owners....which would seem like a HUGE advantage....since Marriott isn't selling new weeks, I don't see that happening.

 

[dioxide45]

I would think that it would have to be reciprocal, right?

If I deposited my MGC week since I am a resale owner it would have no preference attached so it would be fair game for all. They couldn't take my deposit and hold it in preference for three weeks, I would assume.

A lot of the really great inventory gets deposited in the bulk deposits from the trust points, so I could definitely see them removing resale owners from seeing those weeks. However, I thought that when using DC points, owners can't exchange back into Marriott's, so that would mean it would only be available to enrolled weeks owners....which would seem like a HUGE advantage....since Marriott isn't selling new weeks, I don't see that happening.

Yeah, looking at it this way, I am doubtful that they would make the preference only for enrolled weeks and whatever qualifier they attach to Vistana weeks and points.

 

[Dean]

I would think that it would have to be reciprocal, right?

If I deposited my MGC week since I am a resale owner it would have no preference attached so it would be fair game for all. They couldn't take my deposit and hold it in preference for three weeks, I would assume.

A lot of the really great inventory gets deposited in the bulk deposits from the trust points, so I could definitely see them removing resale owners from seeing those weeks. However, I thought that when using DC points, owners can't exchange back into Marriott's, so that would mean it would only be available to enrolled weeks owners....which would seem like a HUGE advantage....since Marriott isn't selling new weeks, I don't see that happening.

I'm not predicting they will but pointing out that I believe they can and it's something they could use to push people to enroll. I don't think it has to be reciprocal related to the preference, it'd be up to II and MVC to decide how this goes down. Remember they've already changed it in the past. It used to be 21 days then when Horizon's came on board it was 21 days then 3 days on the end. When Horizon's was rolled into MVC, which was somewhat controversial at the time, they just made it a full 24 days across the board. From an exchange standpoint it'd work for non enrolled weeks just like it does not for non MVC weeks. There has never been equal access with II or RCI so that argument wouldn't apply here.

 

[dioxide45]

I'm not predicting they will but pointing out that I believe they can and it's something they could use to push people to enroll. I don't think it has to be reciprocal related to the preference, it'd be up to II and MVC to decide how this goes down. Remember they've already changed it in the past. It used to be 21 days then when Horizon's came on board it was 21 days then 3 days on the end. When Horizon's was rolled into MVC, which was somewhat controversial at the time, they just made it a full 24 days across the board. From an exchange standpoint it'd work for non enrolled weeks just like it does not for non MVC weeks. There has never been equal access with II or RCI so that argument wouldn't apply here.

I don't even think there is a specific timeframe now. It perhaps could be up to 24 days, but we have seen many deposits drop out of preference long before that. They also made the change recently where there is also an additional priority period when trading Marriott to Vistana and Vistana to Marriott. Kind of like that old thing they had with Horizons.