New DC Status Tiers effective 4/30/15

[MauiSunset]

A combination of a resale week through Marriott resales department along with a DC trust points purchase. The amount of DC trust points you buy must be equal to the number of points the resale week is worth when converted to DC points. With the bundle, they allow the resale (post 6/20/2010) week to be enrolled in DC. The resale week MUST be purchased through Marriott resales, not externally.

Thanks - good to know, but that still means the resale week's elected points are treated separately from the Trust Points bought.

Right?

 

[dioxide45]

Thanks - good to know, but that still means the resale week's elected points are treated separately from the Trust Points bought.

Right?

That is correct, technically. But for all practical purposes, for about 90% of reservations, you would see no difference.

 

[JIMinNC]

That is correct, technically. But for all practical purposes, for about 90% of reservations, you would see no difference.

...and perhaps most importantly, Marriott bundles can yield a net cost per point in the $7 range versus the $10 to $12+ pricing for most straight retail point purchases from Marriott.

 

[Quilter]

A combination of a resale week through Marriott resales department along with a DC trust points purchase. The amount of DC trust points you buy must be equal to the number of points the resale week is worth when converted to DC points. With the bundle, they allow the resale (post 6/20/2010) week to be enrolled in DC. The resale week MUST be purchased through Marriott resales, not externally.

Wait--I've just had this conversation in the past week but can't remember if it here or on OPnewsgroup. I thought conclusion was that the points do not have to be same as the week.

On iPad and can't search like I can on computer.

 

[dioxide45]

Wait--I've just had this conversation in the past week but can't remember if it here or on OPnewsgroup. I thought conclusion was that the points do not have to be same as the week.

On iPad and can't search like I can on computer.

It was discussed in this thread where sptung attempted to purchase some points and enroll previously purchased resale weeks after purchasing fewer DC points than it was worth. It doesn't look like it worked out in their favor.

 

[Fasttr]

Wait--I've just had this conversation in the past week but can't remember if it here or on OPnewsgroup. I thought conclusion was that the points do not have to be same as the week.

On iPad and can't search like I can on computer.

I've always seen it posted that the Trust Point purchase had to be at least equal to the # of points associated with the enrollable resale week you are purchasing from MVC Resale Ops.

 

[kds4]

We were told this past week at Surfwatch to buy a combo required at least as many points as the week would convert to.

 

[JIMinNC]

We were told this past week at Surfwatch to buy a combo required at least as many points as the week would convert to.

And you have to buy in increments of 250 points (one Beneficial Interest = 250 points). So if the companion week is worth 2525 points, you must buy 2750 Trust points.

 

[Quilter]

Ok, we've stopped for the night and I have my computer.

Here's what one of our OPnewsgroup members wrote when I asked if the number of points needed to be equal or above the ones for the purchased resale:

"Our purchases of the every other year Ft. Lauderdale week did not require us to buy equivalent DC points. It is not even half of the DC points, so I think that part depends on the location and sales rep."

It's not an issue for me since we have plenty of possible points. I'm merely throwing it out there as a suggestion for those interested to ask their salesperson or contact this department: https://www.marriottvacationclub.com/resales/index.shtml

 

[mvc]

destination points point system

Does anyone know anything about the new destination point system. It is starting April 30th . I am curious but not curious enough to go to a sales presentation.

 

[bazzap]

Does anyone know anything about the new destination point system. It is starting April thirty first . I am curious but not curious enough to go to a sales presentation.

April first - hmm!

Ah, I see you have now changed the date to April thirty first.
This is not a new points system, just a change of Ownership levels and benefits explained in detail in another thread

"Marriott Vacation Club® International strives to continually enhance the offerings available to our valued Owners. We're excited to announce new ownership recognition levels and benefits that are coming soon for our Vacation Club Point and Enrolled Week Owners. The new benefit levels will become effective April 30, 2015. While all Vacation Club Point and Enrolled Owners receive certain benefits, this program change will provide four new benefit levels — Select, Executive, Presidential and Chairman's Club — replacing the existing Premier and Premier Plus benefit levels."

 

[Fasttr]

Does anyone know anything about the new destination point system. It is starting April thirty first . I am curious but not curious enough to go to a sales presentation.

[HERE] is the thread that discusses the new changes.

 

[mvc]

Thank you for the information.I will soon be executive level. I own 2 weeks in Newport and have some points. To take advantage of the 1 day 13 month reservation window to make a reservation for a week at Newport is it correct that I would need to transfere my owned week into destination points?

 

[Fasttr]

Thank you for the information.I will soon be executive level. I own 2 weeks in Newport and have some points. To take advantage of the 1 day 13 month reservation window to make a reservation for a week at Newport is it correct that I would need to transfere my owned week into destination points?

You would just need to have points in your account that could secure the ressie. If for instance, you had reserved your normal week via the traditional weeks system, and wanted to add 2 nights to the end of your ressie, you could do that at 13 months provided you had enough points in your account for the 2 nights.

 

[mvc]

Can I make a reservation at Newport for my owned week, that is not points but is enrolled in the destination program, 1 day and 13 months out?

 

[SueDonJ]

Can I make a reservation at Newport for my owned week, that is not points but is enrolled in the destination program, 1 day and 13 months out?

No. If you're booking Weeks you use the 12-mos Reservation Window for a single week and the 13-mos Window for multiple consecutive/concurrent weeks. The status-related benefits and rules for your DC Membership apply only to reservations made using DC Points.

Use this link to access the Inventory Release calendars for Weeks; click on "Vacation Club Points Owner" or "Enrolled Owner" at this link for the Points Inventory Calendar.

 

[Quilter]

Can I make a reservation at Newport for my owned week, that is not points but is enrolled in the destination program, 1 day and 13 months out?

Like Sue said, if your 2 weeks are the same season you could book them 13 months out (consecutive or concurrent). You can later change one of the reservations to another date. This is where it's a little tricky. Changing a reservation can cancel the rest of the 13-month reservations.

For example, if you reserve June 10th and June 17th, 2016 you can call May 11, 2015 to make the consecutive reservation, but you can't cancel/change the June 10, 2016 until after the 12-month inventory release of June 17, 2015 or you will lose the June 17, 2016 reservation.

 

[JIMinNC]

Can I make a reservation at Newport for my owned week, that is not points but is enrolled in the destination program, 1 day and 13 months out?

I want to make sure you are not misinterpreting what the Executive Level 13 months/1 day reservation window is...what it means is at 13 months out, you can use your points to reserve single night reservations (or any number of nights from 1 on up) instead of being limited to full seven-night weeks.

From your post above, it almost sounds like you were thinking it means you can make a reservation 13 months and one day in advance of check-in. That is not the case.

Thank you for the information.I will soon be executive level. I own 2 weeks in Newport and have some points. To take advantage of the 1 day 13 month reservation window to make a reservation for a week at Newport is it correct that I would need to transfere my owned week into destination points?

The answer to this is yes; if you want to be able to take advantage of the Executive Level reservation window at 13 months, the week for that year must have been elected for Destination Points. Then on the appropriate inventory release day for your travel date you can reserve as many days as your points will allow - from one night all the way up to a full week (or more if you have enough points).

 

[Fasttr]

The answer to this is yes; if you want to be able to take advantage of the Executive Level reservation window at 13 months, the week for that year must have been elected for Destination Points. Then on the appropriate inventory release day for your travel date you can reserve as many days as your points will allow - from one night all the way up to a full week (or more if you have enough points).

Is this correct? I thought the status level in the DC was based on the points assigned to your enrolled weeks and had nothing to do with whether you actually swapped them for points or not in any given year. Lets say I am Executive but never ever swap my week for points. I rent some points as I want to add 1 night onto my normal week that I will soon book via the traditional week reservation system. It is my understanding that I could book that 1 night 13 months out with my rented points via the DC, and then at 12 months out, I would book my week via the traditional weeks ressie method, hopefully matching them up exactly so I can have 8 nights in total. Am I mistaken?

 

[Cmore]

Is this correct? I thought the status level in the DC was based on the points assigned to your enrolled weeks and had nothing to do with whether you actually swapped them for points or not in any given year. Lets say I am Executive but never ever swap my week for points. I rent some points as I want to add 1 night onto my normal week that I will soon book via the traditional week reservation system. It is my understanding that I could book that 1 night 13 months out with my rented points via the DC, and then at 12 months out, I would book my week via the traditional weeks ressie method, hopefully matching them up exactly so I can have 8 nights in total. Am I mistaken?

My understanding is the same as yours. Online I am currenly listed as "Premier" and that doesn't at all seem to be related to whether or not I elect points with my enrolled weeks.

 

[JIMinNC]

The answer to this is yes; if you want to be able to take advantage of the Executive Level reservation window at 13 months, the week for that year must have been elected for Destination Points. Then on the appropriate inventory release day for your travel date you can reserve as many days as your points will allow - from one night all the way up to a full week (or more if you have enough points).

Is this correct? I thought the status level in the DC was based on the points assigned to your enrolled weeks and had nothing to do with whether you actually swapped them for points or not in any given year. Lets say I am Executive but never ever swap my week for points. I rent some points as I want to add 1 night onto my normal week that I will soon book via the traditional week reservation system. It is my understanding that I could book that 1 night 13 months out with my rented points via the DC, and then at 12 months out, I would book my week via the traditional weeks ressie method, hopefully matching them up exactly so I can have 8 nights in total. Am I mistaken?

My understanding is the same as yours. I just didn't word my reply above very well - what I was trying to say was that if "mvc" wanted to make a single week reservation at 13 months out instead of at 12 months out (as can be done in the weeks system) my understanding is the only way to do that is to be at Executive or above, elect points for that week, and make the full week reservation with points (or book multiple weeks through the weeks system as others have noted). Isn't that correct?

Since "mvc" seemed to be asking questions about booking a full week (post #238 and #240), my assumption was the question was not about booking smaller, less than a week reservations, but was about booking a full week at 13 months out.

 

[Fasttr]

My understanding is the same as yours. I just didn't word my reply above very well - what I was trying to say was that if "mvc" wanted to make a single week reservation at 13 months out instead of at 12 months out (as can be done in the weeks system) my understanding is the only way to do that is to be at Executive or above, elect points for that week, and make the full week reservation with points (or book multiple weeks through the weeks system as others have noted). Isn't that correct?

Since "mvc" seemed to be asking questions about booking a full week (post #238 and #240), my assumption was the question was not about booking smaller, less than a week reservations, but was about booking a full week at 13 months out.

Understood. I guess mvc's "1 day 13 month" wording was making be believe he wanted to add less than a week onto his week, but after I re-read his comment and yours, I see where you were coming from now.

 

[SueDonJ]

**With the changes happening next week, bumping this thread so that it sits on the first page of the forum through the effective date.**

 

[jancurious]

New Program - Summarizing the changes

I was hoping to start this thread to have people contribute what they have learned about the new program in one place. I find reading the document to be a bit overwhelming and after calling a Marriott advisor, there does not seem to be a lot of changes (at least for my status - Chairman's Club)

Since I am enrolled, my June 30th date for banking changed to August 30th and my September 30 date for turning in weeks for points went to November 30th. I can still call 13 months out for as little as 1 night (no change). I asked about the 2 year banking and it appears the length of banking hasn't changed - 2016 points would be good until 12/31/17. She said it is just automatic now. If that is so, why do we need to even worry about that new August 30th date?

Jan

 

[SueDonJ]

I was hoping to start this thread to have people contribute what they have learned about the new program in one place. I find reading the document to be a bit overwhelming and after calling a Marriott advisor, there does not seem to be a lot of changes (at least for my status - Chairman's Club)

Since I am enrolled, my June 30th date for banking changed to August 30th and my September 30 date for turning in weeks for points went to November 30th. I can still call 13 months out for as little as 1 night (no change). I asked about the 2 year banking and it appears the length of banking hasn't changed - 2016 points would be good until 12/31/17. She said it is just automatic now. If that is so, why do we need to even worry about that new August 30th date?

Jan

I don't think what she said about the 2-year banking period is correct. If 2016 Points with a Jan1-Dec31 Use Year are banked by a Member eligible for the extended two-year banking period, they're good for stays commencing anytime 1/1/17 - 12/31/18 (and not 1/1/16 - 12/31/17 as she asserted.) Also, banking is not an automatic transaction - if the DC Member doesn't authorize the transaction (either through the online system or a phone call to Owner Services) prior to the banking deadline, the Points will expire as of the last day of their original Use Year (in this case, 12/31/16.)

I'm still unclear on what happens if you book a stay using two-year banked Points and then subsequently cancel it more than 60 days out from check-in (thus not restricted to a Holding Account,) but about the two things above there's no question in my mind based on discussions I've had with someone in the exec offices.