New Marriott branded Charleston Resort Announced

[jpa2825]

Any idea when Charleston inventory will be available to book? We did a sales presentation at NCV in May and sales person said start to check in JUN of 2024 for availability. I just looked and it doesn't seem to be there yet.

 

[VacationForever]

This article says by early 2025.

Marriott Vacation Club Announces New Resort Coming to Charleston, SC

Get all the details regarding the newest Marriott Vacation Club resort set to debut in early 2025 in Charleston, South Carolina.

www.atimeshare.com

Official site simply says begin development in 2025. I would say end of 2025 at best.

The Marriott Vacation Clubs™ Announces Expanding City Collection With New Waikiki Property Now Open for Booking

Marriott Vacation Club, New York City

news.marriott.com

 

[JIMinNC]

Any idea when Charleston inventory will be available to book? We did a sales presentation at NCV in May and sales person said start to check in JUN of 2024 for availability. I just looked and it doesn't seem to be there yet.

The text below was posted earlier in this thread (Post #90 from March 2024). Looks like construction won't even begin until sometime in 2025.

Marriott Vacations provides update on its new Charleston timeshare project
The hospitality giant behind a timeshare development planned for the historic City Market area announced new details about the project this week, saying it plans to start construction next year.

• Marriott Vacations Worldwide Corp. also disclosed that the downtown property will be the first in its "City Collection" to operate under the Westin lodging flag.
• A similar Westin Vacation Club is planned for Savannah, starting in 2026.
• Last year, Marriott Vacations began testing the site for soil and groundwater contaminants.
• Representatives for the Westin deal sought early-stage approval in December from the city's Technical Review Committee, which asked them to return after they made unspecified changes to the development plan.

We were just in Charleston a few weeks ago staying at the Liberty Place Hilton Club. We walked by the planned site for the Westin Charleston City Collection several times and it's still being used as an hourly fee surface parking lot.

Given all of that, I wouldn't expect occupancy before 2026 or even 2027, so probably no ability to see inventory before late 2025 or, most likely, 2026. It's a ground-up build, so it will take a while. They likely won't start accepting future reservations until they have a firm open date.

 

[dioxide45]

I think they opened reservations for Waikiki in April for occupancy starting in October. So perhaps about a six month lead time before they open the resort for occupancy. It's going to be a while and certainly not June 2024, which is actually almost half over.

 

[JIMinNC]

It's going to be a while and certainly not June 2024, which is actually almost half over.

Yep. More likely would be June 2026. The sales rep just got his year wrong!

 

[jwalk03]

Any idea when Charleston inventory will be available to book? We did a sales presentation at NCV in May and sales person said start to check in JUN of 2024 for availability. I just looked and it doesn't seem to be there yet.

Not planned to open until 2026; so def not going to find any inventory anytime soon. I would think late 2025 at the earliest.

 

[Ixchel]

Nothing moves fast in the Historic District in Charleston. Agree it's likely going to be 2026 or later. A sales rep at Crystal Shores told us it's going to be a full- service resort, not a " City Collection" ( formerly known as Club Pulse).

 

[dioxide45]

Nothing moves fast in the Historic District in Charleston. Agree it's likely going to be 2026 or later. A sales rep at Crystal Shores told us it's going to be a full- service resort, not a " City Collection" ( formerly known as Club Pulse).

That isn’t what MVW stated on a past earnings call.

 

[jwalk03]

Nothing moves fast in the Historic District in Charleston. Agree it's likely going to be 2026 or later. A sales rep at Crystal Shores told us it's going to be a full- service resort, not a " City Collection" ( formerly known as Club Pulse).

Typical sales lie. Corporate has already announced it as a City Collection resort. I don’t the random sales guy knows better than the CEO that made the announcement…

 

[dioxide45]

Typical sales lie. Corporate has already announced it as a City Collection resort. I don’t the random sales guy knows better than the CEO that made the announcement…

I'm also not sure what or how the the property would be different if it were not a City Collection. What could or would they be able to change to make it a "full service resort"?

 

[sponger76]

I'm also not sure what or how the the property would be different if it were not a City Collection. What could or would they be able to change to make it a "full service resort"?

Exactly. That parcel is too tiny to be able to provide the range of amenities a full resort would offer.

 

[Ixchel]

I'm also not sure what or how the the property would be different if it were not a City Collection. What could or would they be able to change to make it a "full service resort"?

Maybe have a washer/ dryer and a full kitchen?

 

[ljmiii]

Maybe have a washer/ dryer and a full kitchen?

To my knowledge, there aren’t any MVC resorts that have those in their studio villas (though there are Vistana resorts that have them).

And there are many MVC resorts that don’t offer W/Ds and/or full kitchens in their larger villas - Waikoloa, KBC, and MOC (original towers) being three that immediately come to mind.

 

[JIMinNC]

To my knowledge, there aren’t any MVC resorts that have those in their studio villas (though there are Vistana resorts that have them).

Remember, both Charleston and Savannah will be branded as Westin, not MVC. Not sure if that changes what MVW may include as far as furnishings, since these will be City Collection, but just wanted to point out they will be WVC not MVC.

 

[jwalk03]

Remember, both Charleston and Savannah will be branded as Westin, not MVC. Not sure if that changes what MVW may include as far as furnishings, since these will be City Collection, but just wanted to point out they will be WVC not MVC.

I’m sure it won’t change anything. No way these resorts will have kitchens or W/D. I’m sure they will be on par with the other former pulse not city collection locations. Essentially just glorified hotel rooms.

 

[JIMinNC]

I’m sure it won’t change anything. No way these resorts will have kitchens or W/D. I’m sure they will be on par with the other former pulse not city collection locations. Essentially just glorified hotel rooms.

I would suspect the same as you, but it will be interesting to see if MVW does try to differentiate new-build Westin Vacation Clubs from similar Marriott Vacation Clubs in any way other than the sign.

 

[dioxide45]

I don't think there are any Vistana resorts without a washer and dryer in every room. Even the Hawaii studios have washer and dryer. Perhaps Sheraton Kauai has some that don't have in room laundry?

 

[rcv82]

I don't think there are any Vistana resorts without a washer and dryer in every room. Even the Hawaii studios have washer and dryer. Perhaps Sheraton Kauai has some that don't have in room laundry?

To my knowledge all Westin and Sheraton units labeled studio or higher have a washer and dryer, including Kauai. The one exception I’m aware of is at the Sheraton Steamboat, which was mostly a hotel conversion, has some rooms that are labeled as “hotel rooms”. These do not have washer/dryer. They have only a mini fridge and microwave.

So, I would guess that these new Westin properties would follow the same convention and have a washer/dryer unless labeled as a hotel room.


Sent from my iPad using Tapatalk

 

[Ken555]

I don't think there are any Vistana resorts without a washer and dryer in every room. Even the Hawaii studios have washer and dryer. Perhaps Sheraton Kauai has some that don't have in room laundry?

Sheraton Kauai studios, one bed and two bed units have full laundry in unit. Pic below from a studio unit.

 

[jwalk03]

From the Q2 Earnings presentation.

One other note from the conference call- They said they expect a more modest points maintenance fee increase this year of less than 5%.

 

[cubigbird]

From the Q2 Earnings presentation.

View attachment 97480

One other note from the conference call- They said they expect a more modest points maintenance fee increase this year of less than 5%.

Maintenance fee increases for next year are going to have to be subdued if MVC wants to keep the system in order. Otherwise the running for the hills will accelerate. They simply can’t continue to be increasing by double digits % annually and expect owners to stick with it.

 

[jwalk03]

Maintenance fee increases for next year are going to have to be subdued if MVC wants to keep the system in order. Otherwise the running for the hills will accelerate. They simply can’t continue to be increasing by double digits % annually and expect owners to stick with it.

Yeah their 2Q results were below expectations as well. So I think they realize they need to do something to tame down the maintenance fees or sales will get even worse. The proof will be in the pudding of course when the bills start coming...

 

[vol_90]

From the Q2 Earnings presentation.

View attachment 97480

One other note from the conference call- They said they expect a more modest points maintenance fee increase this year of less than 5%.

Will be interesting to see if Khao Lak is part of Bali points or Asia Pacific points which are both significantly less than MF's on Abound Points. Adding inventory in Indonesia and Thailand will cost less to build than US locations.

 

[jwalk03]

Will be interesting to see if Khao Lak is part of Bali points or Asia Pacific points which are both significantly less than MF's on Abound Points. Adding inventory in Indonesia and Thailand will cost less to build than US locations.

My assumption is that it will be part of the Asia Pacific Points trust.

 

[rickandcindy23]

I thought Westin was going to build in Orlando? Was that just a salesperson talking?