Owners Update Vistana Resort Orlando 11-26-24

[Josh Peterman]

Howdy, as background we bought into the Westin Vacation Club (Vistana) about a decade ago, bought a second interest in Aventuras (Mexico) all prior to the MVC merger. Whatever we own has us at the executive level. Ownership update today in Orlando. Very unclear what the actual offer was, but they continued to refer to it as offering me "Marriott Full Access". Ultimately what I think they were trying to do is get me to liquidate my shares of the Aventuras and Westin Flex Trusts, and put that equity (and more, of course) into the MVC system. The price today quoted was $0.82 per point, but the discount offered today was $0.43 per point.

The benefit to me was sold as "ability to rent" which is silly because I can do that now just not through Marriott, The other benefit to me was the ability to use points to buy gift cards (which I can already do), and use points to buy other vacation products - cruises, etc. Ultimately I said no - then I said no to the 2nd offer, and then they finally asked "what would you be willing to pay monthly" and when I said "nothing more" they let me go. Then I had to tell the closer, politilely, twice, that we would be declining his offer to buy a discounted week in Orlando. I guess the only confusion I have is why the call it "Marriott Full Access" when I supposedly have access to the same things that an original MVC owner does. Anyway - FYI.

 

[Hindsite]

Made up sales language to make people think they are missing out on something.
As you say, you have access to Abound, there's nothing more hiding from you that paying them $$$$ would magically uncover.

Sales people with nothing sensible to sell make rubbish up to get a commission.

 

[cubigbird]

Points are getting price rich there are few compelling reasons Vistana owners should switch, so sales people are having to make up outlandish pitches.

 

[dioxide45]

It doesn't seem like they were trying to get you to buy Club Points as those are more in the neighborhood of $15/point after discounts. It seems like they may have wanted you to consolidate into Sheraton Flex? I understand that is still what they are selling at Sheraton Vistana Villages. Good for not buying. Chances are you would have paid a bunch of money and came out with less. They are known for doing this.

 

[cubigbird]

Of all the locations having attended a presentation, SVR was by far the worst, very pushy, with the most truth twisting. Hopefully that has changed.

It doesn't seem like they were trying to get you to buy Club Points as those are more in the neighborhood of $15/point after discounts. It seems like they may have wanted you to consolidate into Sheraton Flex? I understand that is still what they are selling at Sheraton Vistana Villages. Good for not buying. Chances are you would have paid a bunch of money and came out with less. They are known for doing this.

 

[rog2867]

Vistana has had nothing to really sell in years. No new resorts nothing. Its all just shuffling things around with different names.