Recorded Trust Documents

[dioxide45]

It's Official - Marriott adding Sheraton & Westin weeks to the MVC Trust!

I haven't looked at them all, but Marriott made a big conveyance on August 15th to the MVC Trust. @GregT

Westin Mission Hills

Sheraton Vistana Villages - St Augustine

Westin Princeville

 

[GregT]

That’s fantastic - thx for finding this Jeremy!!

I will keep watching as well, this is an important development for us and let’s see how deep the Trust ends up for Westin and Sheraton weeks.

Best,

Greg

 

[StevenTing]

Sweet! Was there a post on how to check the the registrar?

 

[kozykritter]

It's Official - Marriott adding Sheraton & Westin weeks to the MVC Trust!

I haven't looked at them all, but Marriott made a big conveyance on August 15th to the MVC Trust. @GregT

Westin Mission Hills

Sheraton Vistana Villages - St Augustine

Westin Princeville

Nice to see their actions following up their words!

 

[klpca]

Nice to see their actions following up their words!

FYI -The links are only accessible for someone that's a registered user and logged into the system, at least that's what it says when you follow them.

I clicked agree/accept/ok (whatever the box said) and I was able to see the documents.

 

[dioxide45]

Sweet! Was there a post on how to check the the registrar?

See posts #340 and #341;

Recorded Trust Documents

A -Marriott can pull deposits from II to fulfill DC Points reservation requests. HHI Weeks are strong traders in II so that inventory bucket is already decent. B - Plus Marriott can exercise ROFR on most HHI inventory when it's resold, resulting in them acquiring inventory at comparatively...

tugbbs.com

 

[dioxide45]

Here is the list of Vistana conveyances. Not much "good stuff".

Instrument Number	Resort	Points	Weeks
20220497595​	Sheraton Broadway Plantation-Palmetto	33,500​	25​
20220497596​	Sheraton Broadway Plantation-Plantation	158,750​	132​
20220497675​	Sheraton Desert Oasis	21,750​	21​
20220497676​	Sheraton Mountain Vista	80,250​	67​
20220497677​	Sheraton PGA Vacation Resort	40,250​	58​
20220497678​	Sheraton Vistana Resort-Cascades	1,482,500​	691​
20220497679​	Sheraton Vistana Resort-Courts	216,250​	80​
20220497680​	Sheraton Vistana Resort-Falls	244,000​	90​
20220497681​	Sheraton Vistana Resort-Fountains II	474,750​	219​
20220497682​	Sheraton Vistana Resort-Lakes	630,250​	275​
20220497683​	Sheraton Vistana Resort-Spas/Palms	682,000​	253​
20220497684​	Sheraton Vistana Villages-Amelia	165,000​	85​
20220497685​	Sheraton Vistana Villages-Bella	514,250​	268​
20220497686​	Sheraton Vistana Villages-Key West	183,000​	80​
20220497687​	Sheraton Vistana Villages-St Augustine	491,250​	258​
20220497688​	Lakeside Terrace	27,750​	16​
20220497689​	Westin Desert Willow	274,250​	115​
20220497690​	Westin Mission Hills	168,500​	82​
20220497691​	Westin Princeville	894,750​	234​

 

[jabberwocky]

Here is the list of Vistana conveyances. Not much "good stuff".

20220497595​	Sheraton Broadway Plantation-Palmetto	SC	33,500​
20220497596​	Sheraton Broadway Plantation-Plantation	SC	158,750​
20220497675​	Sheraton Desert Oasis	AZ	21,750​
20220497676​	Sheraton Mountain Vista	CO	80,250​
20220497677​	Sheraton PGA Vacation Resort	FL	40,250​
20220497678​	Sheraton Vistana Resort-Cascades	FL	1,482,500​
20220497679​	Sheraton Vistana Resort-Courts	FL	216,250​
20220497680​	Sheraton Vistana Resort-Falls	FL	244,000​
20220497681​	Sheraton Vistana Resort-Fountains II	FL	474,750​
20220497682​	Sheraton Vistana Resort-Lakes	FL	630,250​
20220497683​	Sheraton Vistana Resort-Spas/Palms	FL	682,000​
20220497684​	Sheraton Vistana Villages-Amelia	FL	165,000​
20220497685​	Sheraton Vistana Villages-Bella	FL	514,250​
20220497686​	Sheraton Vistana Villages-Key West	FL	183,000​
20220497687​	Sheraton Vistana Villages-St Augustine	FL	491,250​
20220497688​	Lakeside Terrace	CO	27,750​
20220497689​	Westin Desert Willow	CA	274,250​
20220497690​	Westin Mission Hills	CA	168,500​
20220497691​	Westin Princeville	HI	894,750​

Are those values Abound points or HomeOptions? I’m guessing they are Abound given the values are all divisible by 250, but want to be sure.

I agree - not much to get excited about in here if I’m a MVC points owner. It’s basically Sheraton Flex and some lower demand Westin Flex deeds on first glance (although the relative amount of WPORV is interesting).

 

[kozykritter]

Are those values Abound points or HomeOptions? I’m guessing they are Abound given the values are all divisible by 250, but want to be sure.

I agree - not much to get excited about in here if I’m a MVC points owner. It’s basically Sheraton Flex and some lower demand Westin Flex deeds on first glance (although the relative amount of WPORV is interesting).

It's DC/MVC points. The conveyance paperwork shows the entire point balance of the trust before the transaction along with the new balance afterwards so it would have to be DC for that to work.

 

[dioxide45]

Yes, all Abound point values. It is mostly Sheraton inventory. WHen I looked at the conveyances, it all looked to be acquisitions. Probably what has been required since the last time they did conveyances to Sheraton Flex. I can't really explain why so few Westin resorts are in there.

 

[jabberwocky]

Yes, all Abound point values. It is mostly Sheraton inventory. WHen I looked at the conveyances, it all looked to be acquisitions. Probably what has been required since the last time they did conveyances to Sheraton Flex. I can't really explain why so few Westin resorts are in there.

My guess based on the list is you have a lot of people turning in deeds through the deedback program (although I thought SDO would have been higher).

it is interesting to see a larger amount of Bella and KW SVV points. That may explain why you haven’t seen too many weeks on the resale market (along with price increases).

Let’s hope MVC owners like going to Orlando - because that’s the bulk of the initial amount.

 

[VacationForever]

The large number of SVR Cascades stands out for me. I wonder if they have been sitting on a large number of inventory all this time.

 

[GregT]

This is interesting — first load is ~7M which is not a lot considering the number of properties. And as Dioxide noted, these are not the premium properties. I am happy to see 900K of WPORV, which I s about 200 weeks, or roughly four reservations available for each week. That’s not a lot, but it is something to work with. I think the presence of competing Kauai properties will prevent WPORV from being a hot reservation. But at least something should be available right at inventory release.

It also suggests that the premier properties (WSJ, WKORV and Kierland) will have reservations initially sourced only from owner elections. It is still not clear how attractive the Marriott system is to these owners, so that may be a tough reservation to get.

We should see more inventory deposits in the future as weeks are ROFR’d or purchased directly from owners.

Interesting — thanks for posting this!

Best,

Greg

 

[dioxide45]

Total of 3,049 weeks conveyed
2,133 which are Annual
916 EOY
2,229 in Orlando
234 Westin Princeville

 

[Red elephant]

My guess based on the list is you have a lot of people turning in deeds through the deedback program (although I thought SDO would have been higher).

it is interesting to see a larger amount of Bella and KW SVV points. That may explain why you haven’t seen too many weeks on the resale market (along with price increases).

Let’s hope MVC owners like going to Orlando - because that’s the bulk of the initial amount.

Does anybody know the Abound points required to book these Sheraton resorts? It might be point effective to use Abounds points in these cases if the point required is lower than to book with staroptions. I use my SVR 81,000 staroptions to go to SBP at 8 months. If SBP is less that 2600 (SVR) Abound points or equivalent then I might use that at 13 months and book depending on what weeks are in the trust.

 

[dioxide45]

Does anybody know the Abound points required to book these Sheraton resorts? It might be point effective to use Abounds points in these cases if the point required is lower than to book with staroptions. I use my SVR 81,000 staroptions to go to SBP at 8 months. If SBP is less that 2600 (SVR) Abound points or equivalent then I might use that at 13 months and book depending on what weeks are in the trust.

We currently only have full points use charts for Westin resorts.

 

[jabberwocky]

Does anybody know the Abound points required to book these Sheraton resorts? It might be point effective to use Abounds points in these cases if the point required is lower than to book with staroptions. I use my SVR 81,000 staroptions to go to SBP at 8 months. If SBP is less that 2600 (SVR) Abound points or equivalent then I might use that at 13 months and book depending on what weeks are in the trust.

I don’t think Vistana resorts will be book able at 13 months. You’ll have to wait until 12 months. Probably fairly limited as the points are pretty low.

 

[jyatl]

Does anybody know the Abound points required to book these Sheraton resorts? It might be point effective to use Abounds points in these cases if the point required is lower than to book with staroptions. I use my SVR 81,000 staroptions to go to SBP at 8 months. If SBP is less that 2600 (SVR) Abound points or equivalent then I might use that at 13 months and book depending on what weeks are in the trust.

I saw the Sheraton (and Westin) chart Sun during an update. Should have taken a picture. These are comparable to the MVC properties of the same level in the same location. So you can get an idea by looking at the published MVC chart.

 

[VacationForever]

My estimation is that it is always going to be more expensive to book Vistana properties in Abound. I will certainly continue to use SOs to book back into Vistana properties.

As an example, I only get 3225 SOs for Desert Springs Villas 1 red season, but I need 4225 points to book the peak weeks in March.

 

[ljmiii]

I am happy to see 900K of WPORV, which is about 200 weeks, or roughly four reservations available for each week...

I'm happy as well to see Princeville as well...the rest I couldn't care less about. Adding a few nights in Princeville to our Waiohai vacations will cut down on drive time and make our time on the South Shore more relaxing.

 

[GregT]

Total of 3,049 weeks conveyed
2,133 which are Annual
916 EOY
2,229 in Orlando
234 Westin Princeville

I like 234 weeks at WPORV. Please it’s a voluntary resort and some owners may buy points to enroll it (if not automatic) so it may become a desirable option (it’s already a desirable property).

This is an obvious statement, but Waiohai and Kauai Lagoons are 2BR or larger only, so WPORV is a much better 1BR and Studio than KBC.

Interesting. Thx again Jeremy.

Best,

Greg

 

[kozykritter]

My estimation is that it is always going to be more expensive to book Vistana properties in Abound. I will certainly continue to use SOs to book back into Vistana properties.

As an example, I only get 3225 SOs for Desert Springs Villas 1 red season, but I need 4225 points to book the peak weeks in March.

Likely the case. That said I've already found some sweet spots where it would make sense for me to book backwards from Abound to Vistana after electing my Vistana ownership.. but I'm not going to say where because Marriott might be listening!

 

[vacationtime1]

Likely the case. That said I've already found some sweet spots where it would make sense for me to book backwards from Abound to Vistana after electing my Vistana ownership.. but I'm not going to say where because Marriott might be listening!

Marriott is listening.

 

[Red elephant]

I don’t think Vistana resorts will be book able at 13 months. You’ll have to wait until 12 months. Probably fairly limited as the points are pretty low.

That’s interesting . Whatever is in the Abound is suppose to be bookable at 13 months from all I have reading. How will they restrict the Vistana resorts in abound?

 

[Red elephant]

My estimation is that it is always going to be more expensive to book Vistana properties in Abound. I will certainly continue to use SOs to book back into Vistana properties.

As an example, I only get 3225 SOs for Desert Springs Villas 1 red season, but I need 4225 points to book the peak weeks in March.

That’s to book for that same resort. What about order resorts like SVV , SVR, SBP?