We are currently at Sheraton Broadway Plantation in Myrtle Beach and attended a sales presentation for Vistana on April 23. According to the salesperson the locations in Myrtle Beach and in Orlando (both Marriott and Vistana) are engaged in “pre-rollout” sales presentations relating to the rollout of the “blended” system on July 1—or as our salesperson put it “late summer”. In addition to the presentations at Myrtle Beach and Orlando, there are also dog and pony shows for invited owners in other locations, including Washington DC.
Before I go further, you need to know that our situation may not be typical. We are 3-Star Elite with Vistana and Chairman’s Club with Marriott all with developer purchases. (Yes, I know but that is a discussion for another time.). I do not know how Vistana/Marriott will handle resale purchases in this new system.
According to what the salespersons (one from the Vistana side and one from the Marriott side) told us, if you buy into the blended system, both your StarOptions and your Marriott ownership (for us points and weeks) will show up together on both the Vistana dashboard and the Marriott web account. You will be able to move, at no further cost, Vistana points into Destination Points and vice versa. You will be able to make Marriott reservations in the Vistana system and vice-versa. If you have an II account for Marriott and one for Vistana, those will also be merged into one account. The blended system will also move your Vistana points into the Marriott Trust, which will then allow for Vistana StarOptions to be resold to Marriott [Vistana currently does not do buy-backs] and, according to the sales people, will ease inheritance issues, especially if your children don’t want the timeshares [never could get this straight in my mind, except that with Vistana, it appears that the timeshares roll into your estate automatically, but I thought that the executor could always reject them.]
In addition, instead of the various fees that Vistana charges [banking, point conversion to Marriott Bonvoy, II fees for internal (Marriott to Vistana and vice-versa) exchanges, reservation cancellations, guest fees], these will now all be covered by the standard Marriott fee for the appropriate level, The Marriott fee covers both Vistana and Marriott membership, but I suspect it will go up proportionately. In addition, there will be no more housekeeping fees as we now experience with Vistana when the number of uses of points exceeds a certain level.
In the blended system, there is no more Home Resort window for reservations. All Vistana resorts will be able to be booked 12 months out and all Marriott resorts 13 months out, at least for Chairman’s Club level members. I am assuming that to book a Marriott with Vistana StarOptions, one would first have to convert the number needed and then the timeframe would apply.
The process requires one to turn in their current ownership of StarOptions and repurchase at the current StarOption point value. We were given full credit for the dollars we spent on our current ownership plus credit for an Explorer package we had purchased earlier plus credit for the hotels we stayed in on the road getting to Myrtle Beach. [They give up to 10 days credit coming and going; we got a good deal because we stayed on Marriott Bonvoy points on our trip and got credit for full value of the room rate.].
We have 176,700 StarOptions which would be valued at 5,140 Destination Points in the blended system. [34.37 StarOptions to 1 Destination Club Point]. It does appear that there will still be some “skim” in the system from Vistana to Marriott. I did a quick analysis comparing 2-bedroom lockouts in prime time [February/March] for Marriott Desert Springs II [3,775 Destination Club Points] and Westin Mission Hills [148,100 StarOptions] with the result of 39.23 StarOptions points to 1 Destination Club Point]. [Purchase price: 34.37; spend price 39.23]. Even in the blended system, it probably would be better to use StarOptions for Vistana resorts and Destination Club points for Marriott resorts.
The claim is, and I have no idea if it is true, it will be more expensive on the Marriott side to buy into the system. Essentially the current going price for a StarOption is about $.43 per point which should make a Marriott Destination Club point run about $14.72.
That is pretty much my brain dump about what we were told. Of course, there is NO paperwork to undergird the statements made. We are supposed to get it in the coming weeks as the system rolls out for good. Caveat emptor.
I started by posting this on the Vistana board, but thought that Marriott owners might find it interesting also.