Trust Points Price Increase 9/10/15

[SueDonJ]

from marriottvacationclub.com:

"Become an Owner at Current Prices and Receive a Bonus Vacation!

Act Now — Ownership Prices Increase September 10, 2015

Don’t miss your opportunity to become an Owner in the Marriott Vacation Club Destinations™ Program at current prices. Act before September 10, 2015 and save on new ownership. Plus, when you purchase 2,500 Vacation Club Points, you’ll receive 2,500 Vacation Club PlusPoints. Redeem your Vacation Club PlusPoints toward up to 6 nights* at a Marriott Vacation Club® resort of your choice, including more than 50 resorts in popular destinations worldwide. ..."

The current base price is $12.66/Point.

 

[bazzap]

I know it is really just a nominal valuation, but it does give me a strangely encouraging feeling each time I hear about a Points price increase when I think about the value now of all the Points from my enrolled/elected weeks.
I guess I am easily pleased!

 

[Saintsfanfl]

It's insanity.

 

[amanda14]

And people are buying everyday!

 

[Saintsfanfl]

And people are buying everyday!

With most of them regretting it once they realize among other things that they can have the same thing for less on marriott.com. No commitment, no prepayment, fully refundable, and for a lower price (most weeks).

 

[SueDonJ]

With most of them regretting it once they realize among other things that they can have the same thing for less on marriott.com. No commitment, no prepayment, fully refundable, and for a lower price (most weeks).

Despite cost-savings being the Number One issue for many/most TUGgers, I don't think it's true that most Trust Points direct-purchase buyers regret it immediately. It's always been true that some folks, enough folks, are simply more comfortable buying direct from the source for a variety of reasons. Granted none of those reasons are the single goal of saving money but that's not always the most important factor in any particular purchases. If it is for you that's perfectly fine but it's also perfectly fine for others to approach timeshares differently.

On the whole Marriott timeshare owners are a happy bunch regardless of how they've purchased. As long as Marriott continues to maintain the properties to the expected brand standard and as long as the economy supports discretionary spending for enough folks who want the timeshare lifestyle, Marriott will be able to successfully sell the product. There's no doubt we all want/need a healthy MVW.

 

[Saintsfanfl]

Despite cost-savings being the Number One issue for many/most TUGgers, I don't think it's true that most Trust Points direct-purchase buyers regret it immediately. It's always been true that some folks, enough folks, are simply more comfortable buying direct from the source for a variety of reasons. Granted none of those reasons are the single goal of saving money but that's not always the most important factor in any particular purchases. If it is for you that's perfectly fine but it's also perfectly fine for others to approach timeshares differently.

On the whole Marriott timeshare owners are a happy bunch regardless of how they've purchased. As long as Marriott continues to maintain the properties to the expected brand standard and as long as the economy supports discretionary spending for enough folks who want the timeshare lifestyle, Marriott will be able to successfully sell the product. There's no doubt we all want/need a healthy MVW.

I definitely agree. I do wish though that Marriott would start shifting it's focus on building. They have properties that aren't even built out with no plans to do so in sight. They can keep maintaining what they have but it still starts to feel old after a while. Still great properties but not quite as fresh as when they were brand new. Fees go up much faster than inflation while the properties get older and older.

 

[SueDonJ]

I definitely agree. I do wish though that Marriott would start shifting it's focus on building. They have properties that aren't even built out with no plans to do so in sight. They can keep maintaining what they have but it still starts to feel old after a while. Still great properties but not quite as fresh as when they were brand new. Fees go up much faster than inflation while the properties get older and older.

Like it's been discussed in the various threads related to announcements of new DC Points usage options, I don't think Marriott will ever go back to only full-scale-from-the-ground-up development of new resorts. All indications from them are that they'll be involved much more with projects like the Mayflower, working with investors to commit to space in existing hotels/resorts, converting it to typical timeshare units, then buying and conveying those to the Trust. If they're done correctly IMO that will satisfy the need to keep the product fresh. We'll see, of course, but I'm encouraged by the multiple smaller-scale projects they're talking about recently. It's certainly a better business model than committing to full-scale developments then being unable to build them out.

 

[Fasttr]

For what its worth....I just sat through the non sales focused "how to maximize your ownership" seminar at Custom House this morning. The presenter said the new price will be $12.86 per point, up 20 cents a point....which seems consistent with the past couple of increases which were in the 1.5% uptick range.

 

[Fasttr]

Looks like MVC got a wee-bit more aggressive with the point price hike this time.

Per this pricing page.... http://www.marriottvacationclub.com/timeshare-ownership/vacation-examples-and-pricing.shtml

The new price per point is $12.92, up $0.26 per point or 2%

 

[SueDonJ]

Looks like MVC got a wee-bit more aggressive with the point price hike this time.

Per this pricing page.... http://www.marriottvacationclub.com/timeshare-ownership/vacation-examples-and-pricing.shtml

The new price per point is $12.92, up $0.26 per point or 2%

Thank you - the FAQ is updated.