Hopefully that won’t be the internal trading fee - haha
As noted, no one knows. I'm hearing rumors that there might be some form of introduction the second quarter of next year but we'll see. There are lots of directions they could go but my guess is they'll run each system independently with a crossover much like the enrolled and trust owners do now. I also suspect the higher MVC tiers will be included automatically and that the hook will be for lower tier and non MVC members to pay to qualify. I wouldn't be surprised if this included an increase in the requirements for various levels and possibly even for an additional higher level within MVC.
I still suspect any common currency will be tied to the current MVC system in large part.
My statement was pretty broad. My best guess is there will be a separate system that the higher levels of MVC will be able to book into directly that works much like the current enrolled system does now. Not that much different than access to the Ritz for example. Whether one will have to upgrade to a higher level, pay an additional fee to participate or some other options no one knows that is talking.
How does this however play into a combined points product to sell? If they somehow merge all the programs into a single trust, then they couldn't block out certain owners that own in that trust? Perhaps if they have a new exchange company they can limit who can or can't cross between brands, but a single product sounds like a new trust, doesn't it?
My prediction is a new currency that is seamless for those that qualify that works between the systems much like the DC system does now. I further predict that the 2 highest levels in MVC will be grandfathered and have direct access without further investment. I suspect they will either create an additional level within MVC or increase the requirements. They might end up with a new trust that is combined with the current trust or a separate trust which could work as I described in principle. If they combine as a single trust they'll have to either adjust the qualifications under the current system or give those who are in the trust and/or DC system complete access. They'll want to monetize the majority of the current owners so I don't see them giving the entire DC system complete access. We'll see, it's all just speculation at this point.
As it is now. At least you realize you're not losing even if others might gain. I predict there will be posts from others who see others' potential gain as their loss and are unhappy just as we saw with the DC system (and still do).
I like the idea of a new thread rather than merging with any of the other speculation threads, so have merged the two threads opened today and we'll go from here. I kept your thread title because it makes the topic clear.
You can trade in to Marriott properties through Interval International for the reduced exchange fee of $154.
As noted, cheaper exchanges "internally" and preference for exchanges. And the reverse is true for MVC owners as well. Personally I don't feel the Vistana product offers much benefit to MVC owners other than additional volume and the same could be said in reverse. As for a combined program, we don't have any real information to make judgements on. Personally I feel that the higher level MVC owners who are qualified will come out ahead compared to the masses but we'll see.
Isn't it true in many businesses though that the best 20% off your customers usually account for most of your revenue? Wouldn't the same be true with Marriott Vacation Club? Offering up "free" access to those top 20% and charging the rest to get it would seem to be counter intuitive. Those top 20% are more likely to spend more money, aren't they? Where those middle of the pack people like me are less likely to care all that much to fork out tens of thousands of dollars for a buyin.
I don't think that applies well in this situation. In my mind we're talking about Presidential and Chairman's Club with MVC or possibly only Chairman's club to have an inside track. And it might be that Presidential goes to 15K and Chairman's Club to 20K or even 25K or possibly a new level at 25K. Then the angle is to sell everyone else on moving up for access. I hear what you're saying but the volume is elsewhere and if you make it a challenge to get the top levels to buy in the program is likely doomed from the start because it's almost impossible for everyone else to see themselves qualifying. But I could see a guy in for everyone that was relatively minimal for those levels and more for the rest. Certainly the devil's in the details. Anyway that's my expectation at this point, might be totally off, we'll see eventually.
That is the new standard for enrolled Marriott weeks. Since enrolled weeks have no exchange fee, you also now don't pay an exchange fee when trading into Vistana properties.