kds4
TUG Member
- Joined
- Jan 6, 2011
- Messages
- 1,803
- Reaction score
- 401
- Points
- 293
- Location
- USA
- Resorts Owned
- Marriott Weeks and DC Points
First Thank You for the posting - it is so important that we all share any information that we receive during these presentations. Usually what Marriott/Vistana say you generally question until a dollar figure is attached to it. In my opinion, it makes complete sense that they are coming out with a new level. I think that level is focused on folks like myself that own both Marriott and Vistana properties. We are currently at the Presidential Level - if Marriott were to assign a value to our Vistana Properties in the Marriott system and truly merged them together we would have enough points to reach the current Chairman level. The 17K number seems like an odd number but I bet they have run all the algorithms and that number places many people just short enough of the target to require additional purchases. We find little advantage in being at the Presidential Level except for the additional time limits - which I have to admit came in handy during the pandemic.
BTW, I don't understand you number 7 - I thought you had to own MVCI property to use the portfolio.
Again Thanks for the post!
How number 7 unfolds is the center piece of the integration discussion between MVCI and the other brands they acquired (including Vistana). MVCI sales has been representing for some time that Non-MVCI owners will have to buy a quantity of MVCI's points (or an as yet unknown 'common currency') to 'unlock' the ability to book MVCI properties using the converted value of their Non-MVCI ownership units (also at an as yet unknown conversion value). While some have hoped that both MVCI and Non-MVCI owners would receive the ability to cross-book their ownerships for free, I don't believe it will occur that way due to the need for MVCI to keep selling. So, I foresee Non-MVCI owners having to 'buy-in' to MVCI in some form (either a one-time enrollment fee or more likely a minimum required points purchase) and existing MVCI owners will be required to achieve a certain level of ownership (possibly this as yet unnamed but potentially 'Ambassador' level at 17,000 or more points). We'll see, when we see.