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Speculation About Marriott's New Timeshare Structure [merged]

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dioxide45

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I have to mention something that concerns points that happened not one hour ago...

I was on the phone with II Marriott desk. I got an exchange during Flex (into 1BR Hawaii for a 2BR Marriott Branson), and I was asking the rep if, since the trade occurred in Flex, we could trade a 1BR Branson from a different year instead of the 2BR. The agent went away to discuss it with her superior and came back to tell me that they could not do the alternate exchange because the 1BR Branson didn't have enough trading power.

But here's the thing....

What she told me was that the Marriott Branson did not have enough "POINTS". I told her that was the first time I ever heard that word uttered by anyone at II. She went on to say that the Marriott Branson week "was about 1,000 POINTS shy of qualifying for the exchange". I asked her again what she meant by points, and she was silent for a moment and told me it didn't have the trading power.

I believe I said to her "I have a feeling I just heard something I wasn't supposed to hear"...

Don't know if it means anything at all, but remember - this was the Marriott desk of II.

Any thoughts on this?

The rep was likely just referring to IIs internal data that they use to assign trade power. They have to have some type of rating system (points or otherwise) in order to rank resorts. This is likely what the rep let slip. In fact Perry did post about this several years ago as there was a glitch with their website that allowed some potential insight in to those ratings. IIs system wouldn't have anything to do with what Marriott would be rolling out. Also the people who work at the Marriott desk at II are II employees not Marriott staff. They would have little knowledge in to the internal workings at Marriott.
 

dougp26364

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We had almost 7 hours without a post in this thread - incredible!


Refreshing is my thought.

In all honesty, while it's fun to speculate and debate, I'm really looking forward to any announcement Marriott might make in the next couple of weeks. Only 4 more days (it's almost midnight here) until the 16th when they're suppose to shut down for retraining.

I would anticipate something to be announced shortly thereafter. The problem is, my bet is the only announcement we get is that Marriott will be enhancing out experience but, they'll want to arrange a time to sit down and talk with us. We'll be in Breck the end of this month and there is one of the owners forums I believe on either Monday or Tuesday. I'm hoping I can get adaquate information there as I really don't want to tie up time in a full blown owners update. I prefer to collect information and take my time looking over my options. I don't really want to start any clock by having an "official" meeting to introduce any new "enhancement" to Marriott's product.
 

dioxide45

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Refreshing is my thought.

In all honesty, while it's fun to speculate and debate, I'm really looking forward to any announcement Marriott might make in the next couple of weeks. Only 4 more days (it's almost midnight here) until the 16th when they're suppose to shut down for retraining.

I would anticipate something to be announced shortly thereafter. The problem is, my bet is the only announcement we get is that Marriott will be enhancing out experience but, they'll want to arrange a time to sit down and talk with us. We'll be in Breck the end of this month and there is one of the owners forums I believe on either Monday or Tuesday. I'm hoping I can get adaquate information there as I really don't want to tie up time in a full blown owners update. I prefer to collect information and take my time looking over my options. I don't really want to start any clock by having an "official" meeting to introduce any new "enhancement" to Marriott's product.

I think this is exactly how Marriott will announce any changes. There won't be mass marketing campaigns, no e-mails, no mailers, no adds, no press release. Just an invitation to attend a presentation to find out about all of the new exciting opportunities. TS developers don't want to give out information and allow people time to mull it over, they want to get you in to a pressure cooker presentation where they can control the information that you see and hear and get you to buy in without really getting a chance to sit down and work the numbers for yourself. I predicted all of this much earlier in this thread, and I am pretty sure that is what will happen (if anything happens at all).
 

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good morning gang!!!

12 hours without a post!!!! Yikes!! Please get back in the game, as we have 600 to go to catch "Aruba". I do admit that we have truly "beaten this to a pulp", but we just can't let it stop now...

I must admit that "resistance has been futile" and that I have been "assimilated". I feel somewhat low, as after 2000 posts I have learned from my esteemed colleagues(TUGGERS), that I own some great weeks to occupy, but exchanging and playing the game are "honors" given to me at the whim of the developers that can be removed or modified at any time, as they are not contractually guaranteed.

To my simple mind, this is the equivalent of going to a fine steak house. When they bring the 10 oz. filet, I politely inquire about the utensils, bread and water. I am told that I am contractually only entitled to the beef. The tools and bread are extras that can be given or taken as the proprietor desires...

Perry, please come back and save us!!!
 
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dougp26364

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good morning gang!!!

12 hours without a post!!!! Yikes!! Please get back in the game, as we have 600 to go to catch "Aruba". I do admit that we have truly "beaten this to a pulp", but we just can't let it stop now...

I must admit that "resistance has been futile" and that I have been "assimilated". I feel somewhat low, as after 2000 posts I have learned from my esteemed colleagues(TUGGERS), that I own some great weeks to occupy, but exchanging and playing the game are "honors" given to me at the whim of the developers that can be removed or modified at any time, as they are not contractually guaranteed.

To my simple mind, this is the equivalent of going to a fine steak house. When they bring the 10 oz. filet, I politely inquire about the utensils, bread and water. I am told that I am contractually only entitled to the beef. The tools and bread are extras that can be given or taken as the proprietor desires...

Perry, please come back and save us!!!

I wouldn't say exchanging can be changed at the whim of the developers. At the end of the day, you'll still have your week and you can still exchange that week through Interval or any of the idependent exchange companies willing to take your week.

If you don't join any new system, nothing really changes. There is the assumption that you won't be able to exchange as easily into other Marriott weeks but, I doubt it will pan out that way. Remember, Marriott will still be contracted to give X number of units to Interval for exchanges. If they don't give Interval any quality weeks, then Marriott points will be worthless for exchanges outside of the Marriott system. That's not a good thing for either Marriott or the owners. So not only will there be those that have stayed in the weeks program exchanging the Interval but, there will be weeks from the points program deposited for exchange into Interval as well and, Interval isn't a points based system.

In short, the more things change, the more they stay the same.
 

John Cerra

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I have resisted posting on this...until now

Supposed Marriott has gotten tired of the fact that their best customer base for timeshares, that would be existing owners , btw, has gotten tired and bored of the presentations and has either been avoiding them or have become difficult in them. So they cook a scheme that is a marginal variation on what we have but start a lot of viral rumors....that basically force us all back into the meetings to figure out what was going on...


Just saying...
 

dougp26364

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Supposed Marriott has gotten tired of the fact that their best customer base for timeshares, that would be existing owners , btw, has gotten tired and bored of the presentations and has either been avoiding them or have become difficult in them. So they cook a scheme that is a marginal variation on what we have but start a lot of viral rumors....that basically force us all back into the meetings to figure out what was going on...


Just saying...

Sure, it's possible. But I still think it's more likely the fact that every other major hotel chain has an internal points based exchange system and Marriott has to compete with that. Points have a lot more flexibilty and are more efficient. No more guessing what you're trade power is either. You know it right up front.
 

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doug, ... "I wouldn't say exchanging can be changed at the whim of the developers. At the end of the day, you'll still have your week and you can still exchange that week through Interval or any of the idependent exchange companies willing to take your week."

Not really so! Just ask any Starwood owner who wants to deposit a specific week reserved by a float week. II will not take it. The reservation has to be canceled and returned to the resort's available pool. Thus, you can no longer use a Starwood float week in season to reserve a 4th of July or Presidents Week or Thanksgiving Week and deposit that exact week in II as a trader.

II now only accepts a deposit by Starwood (not the owner) of an average week for the resort and the unit's float season. And, I assume - for viewing available II trades - each average week in each season of each Starwood resort gets an internal II point count (like a points system). So, you see what the II points allow you to see.

While a Starwood fixed week still can be deposited directly with II, I suspect the II point count for the fixed week in any season is probably the same as for the average float week in the same season (or at least pretty close).

Good II trades are still available, but those who used to reserve a prime Starwood week in a season and deposit it directly report a smaller number of available II trades that open up.

I assume that II and Marriott may be adopting the same system II and Starwood imposed in the master II contract last year. You guys will just have to wait and see what "points" the Marriott chatter has been about. ... eom
 

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doug, ... "I wouldn't say exchanging can be changed at the whim of the developers. At the end of the day, you'll still have your week and you can still exchange that week through Interval or any of the idependent exchange companies willing to take your week."

Not really so! Just ask any Starwood owner who wants to deposit a specific week reserved by a float week. II will not take it. The reservation has to be canceled and returned to the resort's available pool. Thus, you can no longer use a Starwood float week in season to reserve a 4th of July or Presidents Week or Thanksgiving Week and deposit that exact week in II as a trader.

II now only accepts a deposit by Starwood (not the owner) of an average week for the resort and the unit's float season. And, I assume - for viewing available II trades - each average week in each season of each Starwood resort gets an internal II point count (like a points system). So, you see what the II points allow you to see.

While a Starwood fixed week still can be deposited directly with II, I suspect the II point count for the fixed week in any season is probably the same as for the average float week in the same season (or at least pretty close).

Good II trades are still available, but those who used to reserve a prime Starwood week in a season and deposit it directly report a smaller number of available II trades that open up.

I assume that II and Marriott may be adopting the same system II and Starwood imposed in the master II contract last year. You guys will just have to wait and see what "points" the Marriott chatter has been about. ... eom

I think the trade-off for owners not being able to choose the high-demand weeks within a float season for their maximum trade value with an exchange, is that more owners will be able to actually occupy those highest-demand weeks. Not a bad trade-off IMO.

Since last year's changes, is Starwood skimming those highest-demand weeks when exchanges are requested in order to offer them as rentals? That's a concern with some Marriott owners.
 

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If II didn't allow it then it couldn't happen

I think the trade-off for owners not being able to choose the high-demand weeks within a float season for their maximum trade value with an exchange, is that more owners will be able to actually occupy those highest-demand weeks. Not a bad trade-off IMO.

Since last year's changes, is Starwood skimming those highest-demand weeks when exchanges are requested in order to offer them as rentals? That's a concern with some Marriott owners.

But realize the whole thing is a plot between II & Starwood, as II also has done with others who wish to play games with ownership rights such as Wastegate, and nothing to do with what you legally purchased and were deeded. If not for II willingness to go along, as RCI refuses to do at Wastegate, then the plan wouldn't work. The real problems are with II & Starwood not the value or what you purchased as your ownership time.

As Starwood continues to hold n to management when they should be gone & turned over to owner control this is just one of many problems likely to rear its ugly head from that unholy setup. II is always way too happy to go in with the developer(s) and push paying member owners to the bottom of the pile. That's one of many reasons I find II an unacceptable option for exchange.
 

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It's just their (Interval's) internal grading system for exchanges. Nothing more, nothing less.

But if this is the case, why does it matter during flexchange when anything goes?

also, I would like to add my 2 cents regarding the possible new program by Marriott. I personally do not feel that Marriott is out to screw their owners. They are realizing they are losing sales because points programs are more flexible than weeks based systems. So I believe they will put out a good program. Granted they will make more money this way as well bringing the exchanges in internally, but whether I pay Marriott or II, I will still be paying the money to someone.

I truly honestly believe that Marriott is going to put out a fair and equitable program otherwise, they will not have people join it. What they will need to do is make sure the fees are not over the top - if they are, people will not join and it will defeat the purpose. I for one will not pay $3750 for 3 yrs for "priority" that is insane. Might I pay a one time fee of $400 to buy into the program- maybe, but I might not do it if it is per week. I am not even sure if I would want to pay extra for my resale week. I think that is all salesman fluff to scare us. I think all resale weeks will be grandfathered in. Will they offer MR points to convince us, maybe, but we shall see.

I am keeping my fingers crossed, but I do not think we (my DH and I) will fair well with 2 Manor club weeks, so we will have to evaluate everything. If it doesn't work for us, we will stick to reserving a good week and exchanging via II.
 

Dean

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I must admit that "resistance has been futile" and that I have been "assimilated". I feel somewhat low, as after 2000 posts I have learned from my esteemed colleagues(TUGGERS), that I own some great weeks to occupy, but exchanging and playing the game are "honors" given to me at the whim of the developers that can be removed or modified at any time, as they are not contractually guaranteed.

To my simple mind, this is the equivalent of going to a fine steak house. When they bring the 10 oz. filet, I politely inquire about the utensils, bread and water. I am told that I am contractually only entitled to the beef. The tools and bread are extras that can be given or taken as the proprietor desires...

Perry, please come back and save us!!!
You truly didn't know that going in?

But if this is the case, why does it matter during flexchange when anything goes?
I don't think it's quite that simple. While much of the trade power issue goes away during flexchange, I don't think it all does, esp early in the 60 day window. Generally Marriott's are still held for 3 days for other Marriott's and resort quality comparisons continue in large part.
 

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SueDonJ,

"I think the trade-off for owners not being able to choose the high-demand weeks within a float season for their maximum trade value with an exchange, is that more owners will be able to actually occupy those highest-demand weeks. Not a bad trade-off IMO."

(I think it is a good trade off, too. I am in the definite minority on the TUG Starwood board. Most Starwood TUG members are often Starwood traders, and less often Starwood users.)

"Since last year's changes, is Starwood skimming those highest-demand weeks when exchanges are requested in order to offer them as rentals? That's a concern with some Marriott owners."

(Don't know if Starwood is skimming or owners are now gobbling up those prime weeks and actually using them to go to the resort - rather than having them given away to non-owners. I have seen allegations, but no proof that Starwood is skimming. BTW, Starwood keeps about 10% of the units and can rent them out as it wishes. I'm sure Starwood did not keep the dog weeks for its own rental pool.

As for concerns, what about the extremely long Marriott preference period in II? That would concern any non-Marriott person who wanted to trade into Marriott using II now. Best advice: buy where you want to go in the season you want to be there - and hope for the best in trading. If you work at it, you can still do better with with a Starwood lock-off week using the external II trading system than the internal Starwood trading system. :) )
 

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June 17th

I've been reading all the posts in this thread and I have enjoyed combination of humor, conjecture, and information. I'm not sure where the date of June 17, 2010 originated; however, when my son was looking up information on the MVCI website about Frenchman's Cove he clicked on "ownership specials" and noticed that they all end on June 17, 2010. I guess we will all know in a few days whether this change is anything positive but as an owner of two resale weeks and one developer EOY it doesn't sound like I will be ...
 

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Dean...

I am not a professional "timesharer" with my own web page dedicated to the business. I purchased an expensive (spare me the developer v resale debate) product from a well respected name in the industry(and expect the integrity and service that comes with it). I went through the entire "owners manual" and learned the rules of the game as they were presented to me for both using my unit and exchanging!!! Despite initial cynicism, I have been a very happy owner as the product has performed over the past 6 years has performed well within the parameters and rules presented to me...

Call me naive, but I never imagined that the complete paradigm could change and that I would be asked to fork up more $$$ to change it. Points has a lot of benefits and may be a great change. I have always realized that exchanging is subject to the whims of inventory and other owner deposits. I realize I can't get a unit for exchange without it first being deposited by another owner (person or company/MVCI).

The problem now is that the exchange inventory is going to be divided into two separate pools (weeks/points) with the poor owner being asked to make a choice without knowing what the others are doing. Hypothetically, if I remain in weeks and trade with II and every other owner converts, I am doomed with respect to internal trades. The converse applies.

Obviously, I am not an attorney but I do believe the "spirit" if not the "letter" of the contract/transaction is being violated here. I am also going to be asked to fork out "coin" to help them do this. 400,000 owners purchased in this system. The polls on this website state that about 85% are extremely satisfied or satisfied with this system. All of them had the option of purchasing into as system described by jon as " a well run point system" but chose not to.

I am wondering how the group would feel if MVCI suddenly gave the owners of 3 weeks the opportunity to reserve home units 14 months in advance, leaving the 2 week owners to scramble for leftovers at 13 months. The "letter" of the contract for the 2 week owners is not violated but the "spirit" is as they have less inventory...

I am quite comfortable occupying my units or playing the game, but splitting the game into two boards and asking the players to sit at different tables does appear to be a "mess"...
 

dioxide45

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I've been reading all the posts in this thread and I have enjoyed combination of humor, conjecture, and information. I'm not sure where the date of June 17, 2010 originated; however, when my son was looking up information on the MVCI website about Frenchman's Cove he clicked on "ownership specials" and noticed that they all end on June 17, 2010. I guess we will all know in a few days whether this change is anything positive but as an owner of two resale weeks and one developer EOY it doesn't sound like I will be ...

It was mentioned that all MVCI sales offices would close on the 18th of June I think, for three days. The 17th date for the end of their anniversary special came from Marriott. It could be their being closed for training is nothing more than to train on the new offers. Who knows. They have never closed in the past to train on a new sales marketing campaign. Of course the closing for three days has come from sales staff only, so who knows how true that really is. It could just be one day of training and then closed for the weekend.

If anything happens it could be completely unrelated to an internal exchange program and related to another angst of Marriott direct purchasers, that being the exchange for MR points option.

Perhaps Marriott is looking for enhancements to that. Perhaps having the points allotted based on some type of index (rental prices, MF, etc). In the past Marriott has enhanced this at certain resorts, they moved from a EOY trade for points to an EY. They then provided existing owners that could only trade for points EOY buy up to the EY trade option. There was a cost for this. I remember is happening at Legends Edge so they could sellout stale inventory. Perhaps this would be a new scheme to sell their stale inventory at all other resorts.

Everything is guesses at this point. No one knows, when and if all is said and done we probably won't have any firm answers. My guess is that it won't be as drastic as many predicted, but it will be for only one's benefit, that being Marriott.
 

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Dean...

I am not a professional "timesharer" with my own web page dedicated to the business. I purchased an expensive (spare me the developer v resale debate) product from a well respected name in the industry(and expect the integrity and service that comes with it). I went through the entire "owners manual" and learned the rules of the game as they were presented to me for both using my unit and exchanging!!! Despite initial cynicism, I have been a very happy owner as the product has performed over the past 6 years has performed well within the parameters and rules presented to me...

Call me naive, but I never imagined that the complete paradigm could change and that I would be asked to fork up more $$$ to change it. Points has a lot of benefits and may be a great change. I have always realized that exchanging is subject to the whims of inventory and other owner deposits. I realize I can't get a unit for exchange without it first being deposited by another owner (person or company/MVCI).

The problem now is that the exchange inventory is going to be divided into two separate pools (weeks/points) with the poor owner being asked to make a choice without knowing what the others are doing. Hypothetically, if I remain in weeks and trade with II and every other owner converts, I am doomed with respect to internal trades. The converse applies.

Obviously, I am not an attorney but I do believe the "spirit" if not the "letter" of the contract/transaction is being violated here. I am also going to be asked to fork out "coin" to help them do this. 400,000 owners purchased in this system. The polls on this website state that about 85% are extremely satisfied or satisfied with this system. All of them had the option of purchasing into as system described by jon as " a well run point system" but chose not to.

I am wondering how the group would feel if MVCI suddenly gave the owners of 3 weeks the opportunity to reserve home units 14 months in advance, leaving the 2 week owners to scramble for leftovers at 13 months. The "letter" of the contract for the 2 week owners is not violated but the "spirit" is as they have less inventory...

I am quite comfortable occupying my units or playing the game, but splitting the game into two boards and asking the players to sit at different tables does appear to be a "mess"...
I think anyone buying a timeshare should realize that not only CAN things change, but they WILL change over time. You're apparently learning that lesson the hard way or at least stressing over it more than I believe you need to. I don't see anything contractual or nearly so being altered here, there is NOTHING contractual about exchanging at all, I believe your documents will actually say this specifically.. You bought a week at a resort, nothing more and nothing less. As for more weeks being able to reserve earlier, that's essentially how Bluegreen does it and this was a change from previously. If that happens you go buy another week or you take your chances. This is exactly what happened when the 13 month window came into being, my response, go buy another week. Things change all the time in Timesharing. DVC changes from II to RCI, Mayan resorts increase their transfer fee to as much as the weeks are worth, RCI creates a points program, Marriott drops 9 resorts (so far), the 13 month reservation rule comes into being, we could go on. I'm not sure that this is a complete paradigm shift and Marriott has been rumored to be making a significant change for a number of years, possibly before you first became a member. In my view this is a minor to middle sized shift at best, making reasonable assumptions of course. Yes, I think you were naive to make the assumptions that you have apparently made, we've all been there at one time or another. One thing I've learned in timesharing is that things WILL change and that you often have to invest money to put yourself in a better position than the next person.

I don't consider myself a professional, heck I don't even update my site but about once or twice a year, but if that's how you want to think of it, so be it.
 

dioxide45

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The split inventory pools really shouldn't be an issue unless Marriott does away with the II priority. If a deeded owner deposits for exchange they will be competing only against other deeded owners for exchange. Those points owners can only trade for Marriott weeks within an internal system. If they deposit their week, it goes in to II and the end sum is still the same. The problem would happen if Marriott uses all unsold inventory for a points system. They could do this but they will end up with a lot of empty units as there wouldn't be enough people to book in to those weeks. They will have no choice but to cough those weeks up to II to unload.
 

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Dioxide

Please help!!! From one GV owner to another!!! Let's assume (I know how dangerous it is) that new roll out is as the "survey" described. You are asked to convert to points for a three year term with loss of your home resort advantage (unless you fork over a fee for a fixed week). You can also pay some $$$ for a priority in a group of results. You can reverse in three years!! What will you do? I have thought about it, and I am completely bamboozled!!!

I don't really care if the game changes, just don't like blind decisions!!!!

I have had 6 of the best timesharing years ever, with great family vacations that have been the envy of my friends!!! Yes, I know I paid too much but I just want to continued good use of my product!! I am really not a naive as I play on the thread,just want to beat the Aruba thread!!!
 

DanCali

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The problem would happen if Marriott uses all unsold inventory for a points system. They could do this but they will end up with a lot of empty units as there wouldn't be enough people to book in to those weeks. They will have no choice but to cough those weeks up to II to unload.

Doesn't such inventory end up as Getaways? If it goes in the exchange pool, how would Marriott get paid (they do owe MFs on the weeks they own)?
 

dioxide45

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Doesn't such inventory end up as Getaways? If it goes in the exchange pool, how would Marriott get paid (they do owe MFs on the weeks they own)?

Marriott doesn't pay MF on unsold units, they offere a guaranty instead. Many people exchange in to developer deposited weeks, whether they be unreserved units or Marriott owned. Spacebanks happen often.
 

Dean

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The split inventory pools really shouldn't be an issue unless Marriott does away with the II priority. If a deeded owner deposits for exchange they will be competing only against other deeded owners for exchange. Those points owners can only trade for Marriott weeks within an internal system. If they deposit their week, it goes in to II and the end sum is still the same. The problem would happen if Marriott uses all unsold inventory for a points system. They could do this but they will end up with a lot of empty units as there wouldn't be enough people to book in to those weeks. They will have no choice but to cough those weeks up to II to unload.
Actually given that the other II limitations of trade power and resort quality, it's likely that those trading a given week with II would end up BETTER off in the new system IF the internal trading preference remains. That's because it's likely that those that do not convert will likely consist of a larger group of desirable weeks/resorts and IF the other end (say Bronze) also tends not to convert, it won't affect choices much. Even if the II deposits that come from points get lumped in, as they likely would, it's still at worst a zero sum to improvement. It's also possible, if not likely, that the trade power for many options will actually improve due to smaller numbers. I do expect the internal trading preference to go away at some point based on my assumptions of how a new system is likely to work but we will see. In part it depends on how integrated any points system is with II and whether they remain as individual members vs a Marriott corporate membership.

Even if a new system comes out this weekend, it's likely to take weeks to months to sort out the ins and outs enough to really know how to approach it. While I know some expect a quick hit or miss conversion option, I doubt it'll be that quick, maybe a few months at worst.

I have had 6 of the best timesharing years ever, with great family vacations that have been the envy of my friends!!! Yes, I know I paid too much but I just want to continued good use of my product!! I am really not a naive as I play on the thread,just want to beat the Aruba thread!!!
Given the current prices, didn't we all pay too much, LOL. Glad to hear your playing the devils advocate somewhat, I was worried about you there for a bit. Timeshares have been great for me, both in terms of enjoyment but as a hobby. Keeps me out of trouble, at least somewhat. To be honest, I doubt they save us money but they allow us to do things that we couldn't do otherwise. For example, we'll be at HH in a couple of weeks with four 2 BR units. Now about every year we get accommodation and invite family until all is full, our treat. It's our way of ensuring we get together periodically and also a way to give back since we can.

Marriott doesn't pay MF on unsold units, they offere a guaranty instead. Many people exchange in to developer deposited weeks, whether they be unreserved units or Marriott owned. Spacebanks happen often.
That's not my understanding. I thought the developer guarantee only gave them free use of certain commercial space and not unsold units.
 

puckmanfl

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good evening!!!

Every instinct tells me that MVCI is going to deposit/place ALL of its unsold inventory in the points pool. They have to get the "word out on the street" that the points game is the "only way to go"! How else can they promote the program (as they will only be selling points)... They are gong to make it as difficult as possible (within legal limits) to internally exchange the old fashioned way...

The II external exchange option still exists for non converts and converters that deposit their points with II. About 1500 posts ago, I asked fellow Tuggers for their collective experience in EXTERNAL exchanges outside the MVCI system using II. Did not see many replies. I would guess that MVCI owners don't get great deals externally, as the other developers also have INTERNAL priority programs... Before the decision is made, would not mind having some info on this!!
 

Dean

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good evening!!!

Every instinct tells me that MVCI is going to deposit/place ALL of its unsold inventory in the points pool. They have to get the "word out on the street" that the points game is the "only way to go"! How else can they promote the program (as they will only be selling points)... They are gong to make it as difficult as possible (within legal limits) to internally exchange the old fashioned way...

The II external exchange option still exists for non converts and converters that deposit their points with II. About 1500 posts ago, I asked fellow Tuggers for their collective experience in EXTERNAL exchanges outside the MVCI system using II. Did not see many replies. I would guess that MVCI owners don't get great deals externally, as the other developers also have INTERNAL priority programs... Before the decision is made, would not mind having some info on this!!
I think it's guaranteed they'll place all weeks in a points program for any resort they attempt to convert to points, which likely will not be all of them (? HP, SP, Vail). In doing so they may be able to "convert" those points to high demand weeks by combining points from multiple lower demand weeks. It really depends on how they structure the system.

As for external exchanges, I bought my weeks to use, rent them when I don't, and to exchange Marriott to Marriott. I use other deposits for non Marriott exchanges. Your lack of responses previously is likely an indication that many take a similar approach.
 

dioxide45

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That's not my understanding. I thought the developer guarantee only gave them free use of certain commercial space and not unsold units.

This TUG article explains the how guarantee works, at least in Florida.
 
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