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Vistana Update from Marriott Insider

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DeniseM

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@cubigbird - The exact details of the conversion of VSN to Abound have not been announced - not even internally.
 

kozykritter

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It might be helpful to think of it this way:

-MVC is renaming its internal exchange program as Abound per press releases.

-Vistana's internal exchange program VSN is also being renamed as Abound.

-The two internal exchange programs will share an Abound-named IT platform and interface but function completely separately within it...MVC using DP, Vistana using SO.

-There will be an option for Vistana owners to convert their ownerships to DP points in a given use year and use MVC's internal exchange platform portion for booking with them.

-MVC owners will be able to book in their own internal exchange system any Vistana ownership surrendered in a given use year when DP was elected.
 
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DeniseM

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Just one last point: This is the key info that the insider wanted to share with Tuggers today, because, people are apparently still buying mandatory resort, after 8/8, thinking they will automatically be enrolled in Abound:

• Anything purchased before 8/8 that was mandatory [has Staroptions], will be put in Abound*.

• It must be purchased and already in the Vistana system by 8/8. That part can take 45 days, if you have a deed before 8/8 but it wasn't registered with Vistana by 8/8 it would not count

• Voluntary deeds purchased before 8/8 would have had to be put in VSN meaning bought extra to get Abound. (Requalified before 8/8 or buy additional deeds from Marriott after 8/8.)

* The RESORT itself doesn't have to be mandatory - the key test is if THE WEEK THAT YOU OWN HAS STAROPTIONS
 
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kozykritter

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Just one more point: This is the key info that the insider wanted to share with Tuggers today, because, people are apparently still buying mandatory resort, after 8/8, thinking they will automatically be enrolled in Abound:

• Anything purchased before 8/8 that was mandatory, will be put in Abound.

• It must be purchased and already in the Vistana system by 8/8. That part can take 45 days, if you have a deed before 8/8 but it wasn't registered with Vistana by 8/8 it would not count

• Voluntary deeds purchased before 8/8 would have had to be put in VSN meaning bought extra to get Abound. (Requalified before 8/8 or buy additional deeds from Marriott after 8/8.)
Agreed, that part is the real news. The rest we've been told before, though perhaps bits in a less dramatic fashion ;)
 

byeloe

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The two internal exchange programs will share an Abound-named IT platform and interface but function completely separately within it...MVC using DP, Vistana using SO.
Do you know this or just speculation?
The "insider" seems to think differently.
I guess everything is mostly speculation until official details are released
 

kozykritter

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Do you know this or just speculation?
The "insider" seems to think differently.
I guess everything is mostly speculation until official details are released
Exactly. We will know for sure when we know.

The insider used more dramatic words to basically say the same thing I am summarizing. Technically the VSN is going away since Abound will be taking over its functions but the external exchange feature using StarOptions it's not changing. This information is consistent with press releases and certain other Marriott documents that have been posted on various threads here. All of them confirm that the Vistana system will function internally the same way it always has albeit with different interfaces and new recognition levels and fee structure that aligns more with MVC.
 

CalGalTraveler

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Much of this makes sense but some of the finer points don't piece together perfectly and will depend on details. I have questions but it is no use to further speculate.

@DeniseM Does the insider know when this will be officially rolled out with official rules and details?
 
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DeniseM

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From post #1:
Booking in Abound will start 2023 usage and either late September or early October.
 

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INSIDER: ...Anyone who buys Mandatory [after 8/8] will only be able to use the program they bought, not the full 23 resorts.
Any clarification on this? This sounds like resale Mandatory completed before 8/8 will be able to book all of the Vistana resorts, but not Marriott resorts.

I'm a retail owner and like to use my Platinum Lagunamar to stay in Gold Lagunamar. Which will I be using going forward:
1 Bedroom Cost
Staroptions: 44,000/81000 = 54.32%
Abound: 2275 /3250 = 70.00%
 

VacationForever

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Any clarification on this? This sounds like resale Mandatory completed before 8/8 will be able to book all of the Vistana resorts, but not Marriott resorts.

I'm a retail owner and like to use my Platinum Lagunamar to stay in Gold Lagunamar. Which will I be using going forward:
1 Bedroom Cost
Staroptions: 44,000/81000 = 54.32%
Abound: 2275 /3250 = 70.00%
We don't know if StarOptions will still exist. If VSN/SOs go away, you can only use Abound 2275/3250 (70%) option.
 

DeniseM

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We don't know if StarOptions will still exist. If VSN/SOs go away, you can only use Abound 2275/3250 (70%) option.
If Staroptions go away it would contradict the statements of Vistana owners being able to be book Vistana resorts like they do now and ultimately be subject to that skim.
 

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it would contradict the statements of Vistana owners being able to be book Vistana resorts like they do now
Where is this statement?
 

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Where is this statement?
Weren’t we originally told nothing would change for Vistana owners if they don’t elect Abound? From this discussion, it appears that may not be the case?
 

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There has not been a post anywhere in any of these threads where someone was told that StarOptions are going away. People are imagining this because of one statement about the VSN being dismantled and everything moving to Abound. In recent sales presentations owners have been shown the new Abound interface which has separate tabs for Vistana ownership and MVC ownership and none of them said that they were shown their Vistana ownership in points instead of SOs, which I'm sure would have been mentioned by them if that was the case! If they were going to switch the internal Vistana ownership exchange currency to Abound points, they would never have announced the ability to convert your Vistana ownership into Abound points as a usage option for people to choose in a given year. Maybe we all just have to take a deep breath and try to stop our imaginations from running away with us. Tough to do given all that we've endured but it may save us each some anxiety in the situation we're in.
 
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Where is this statement?

Copy and pasting from the other thread so we can discuss specific items here.

• Here are some answers for you from my source: I didn't choose the questions to answer, nor do I have any info about this topic myself, and I posted the response verbatim, so you'll have to take the answers below at face value.

Is the election for Vistana into DC a one time decision or an annual decision (like currently exchanging for Bonvoy/Interval)?
Every year you decide what does and does not go in DC. You can split but each VOI can't be split, you owns a 148,100 flex, it all goes in or none of it

Here is the full post:
Copy and pasting from the other thread so we can discuss specific items here.

• Here are some answers for you from my source: I didn't choose the questions to answer, nor do I have any info about this topic myself, and I posted the response verbatim, so you'll have to take the answers below at face value.

• My source has agreed to do one more round of questions, for now.


Main question. How is the DC or exchange vehicle being funded with Sheraton/Westin inventory?
When someone elects to DC points, that inventory gets placed in DC inventory

does mandatory resale week and voluntary weeks have capability to elect marriott points, or only enrolled weeks are allowed?
NO resales qualify and once live we will not retro weeks, they are out of luck

What is the cost, if any, for Vistana owners to participate in the new program (Either an “enrollment fee” or purchase requirement) and is it different if they are already Marriott points owners (trust or enrolled)?
No cost to enroll in DC points. The VSN club dues will change, more to come, its actually higher but better, no more fees after that

Is the election for Vistana into DC a one time decision or an annual decision (like currently exchanging for Bonvoy/Interval)?
Every year you decide what does and does not go in DC. You can split but each VOI can't be split, you owns a 148,100 flex, it all goes in or none of it

Regarding 3, 4, 5 Star.
That transfers over to DC Ownership levels as you indicated.

Does the Vistana level still determine Bonvoy status or is it based on DC Status of Executive, Chairman, Etc.?
Higher levels of DC status get Bonvoy Titanium. We discussed 3 star 4 star and 5 star. if for some reason you are not at that level but your points convert to DC and it hits that level, you get it

Can Vistana ownership DC points-equivalence be added onto MVC DC points to achieve a higher status?
pretty sure the answer is yes

When (date) will owners actually be able to start electing their Vistana ownership for Club Points?
This summer for 2023 usage

When will we be officially notified of this merger, as Vistana owners?
summer for 2023 usage, pretty much when it happens. This is a soft rollout. Just like when Marriott did it, one day it's old, one day its new

are the details in contract form or is this information from someone you trust (but still only verbal)
none of this in contract. As Denise know's My information is accurate and yes owners are trusting us. Sales are brisk already

Interesting info. My only thought right now is why does WFlex convert at a lower rate than SFlex and Aventuras?
100,000 SFX gets you 2920, WFX, 3469, Aventuras 3333 sorry, WFX and SFX was backwards, good catch by a poster

(separate topic)
FYI HARBORSIDE AND RIVERFRONT .. WON'T BE INCLUDED PROBABLY UNTIL 2024 .everything else is in

Do 3* and above get "Platinum for LIFE" or Platinum as long as you maintain TS-Status" like current Marriott TS-Owners who are also eligible for "Titanium"?
yes ownership must be current

With Marriott, you have until Sept 30 (Oct 31 for higher ownership levels) of the year prior to your use year to elect Club Points. So for 2022 use year, Marriott owners had to elect points by Sept 30, 2021. I suspect for Vistana, they will be electing for 2023 use year from the start

I have one more video to watch, will know soon. FYI I CANNOT answer any questions on the MVC side

Conversion for deeded weeks is complicated. Orlando weeks, not great, Lagunamar pretty good, Kanapali good to very good. Pretty much what you would expect !!

Vistana will STOP selling Flex soon enough, I don't have a date. We will then sell DC points. My guess is whatever is not sold will get dumped into DC points plus, as I said, when people elect, those options get dumped in also. Even though TUGers are very skeptical, I can't imagine any Vistana owner isn't thrilled with this info except for resale owners of course. We sold for years, to get to 5 Star and get Platinum for life. Well now MVC says, just get to 3 Star and we will give you it


Adding additional responses;
More answers from my source

Are they still tweaking the program or is it completely set?
yes, tweaking is a good term. Nanea & St John are getting tweaked as an example. I think some things could change slightly. What I pretty much know won't change is Elite status and what they will get with CLUB POINTS

How do resale owners retro before this goes live?
Call a site or the corporate office

Once VSN dues are raised to match MVC dues, will Vistana owners be able to do Vistana to Marriott exchanges for free through II instead of paying the current discounted exchange fee?
Each property has their own dues. Remember, a weeks owner will NEVER be a points owners, they will just be able to convert

I would also like to know if StarOption Banking Fees and Guest Cert Fees also go away if one still uses StarOptions.
yes, ALL addon fees are going away. The VSM membership fee with be adjusted at a flat rate depending on your Marriott level. I am not ready to give that but I think it's a much better value.

Assume 1-Developer & 2-Flex are eligible to participate in the DC-Program. correct

Assume that Resale-Enrolled [3-Mandatory or 4-Voluntary] can also participate in the DC-Program.
Sounds like if you a pay a VSN fee, you can convert, if you don't pay a fee you can't

Will Resale-Non-Enrolled [5-Mandatory or 6-Voluntary] units be eligible to participate in the DC-Program for an additional cost?
resale owner will not be able to convert. I am pretty sure mandatory owners will not be able to convert also.

Does this mean that all eligible [Developer + Enrolled] Vistana owners get automatically enrolled for "No Fees"?
We are being told no fee. Can that change ? I have no clue. I can only tell you how I was told to present it to the owners so I think it will stay no fee

We have heard mixed messages over the past year about WSJ (specifically Sunset Bay platinum) participating in DC conversion at a good exchange level (as good or better than Nanea, WFX etc) previously and had more recently heard that it would not be participating at all (all via owners updates, so we are skeptical). Any confirmation of WSJ in or out and exchange value possibilities?
great question. They pulled WSJ & Nanea to readjust the conversion. My 30,000 ft view says it was because St John was way to low and will go up and Nanea OF and resort view ere the same which makes no sense so they will fix that. I don't think the FLEX weeks will change at all. I don't see any chance WSJ will be out. My opinion is this is our most expensive resort rental wise so they will want those people in to deposit the weeks/options

Will there be any changes to banking? Deadline dates?, fees?, banking for 2 years?
I am pretty sure if you keep your Vistana with Vistana, all those rules will stay the same. good question. As mentioned all additional fees will go away and the CLUB DUES will go up. I can share this nugget, II exchanges will be included in the new CLUB dues. No, I will give them now but all it all it's a win IMHO.
 
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It might be helpful to think of it this way:

-MVC is renaming its internal exchange program as Abound per press releases.

-Vistana's internal exchange program VSN is also being renamed as Abound.

-The two internal exchange programs will share an Abound-named IT platform and interface but function completely separately within it...MVC using DP, Vistana using SO.

-There will be an option for Vistana owners to convert their ownerships to DP points in a given use year and use MVC's internal exchange platform portion for booking with them.

-MVC owners will be able to book in their own internal exchange system any Vistana ownership surrendered in a given use year when DP was elected.
Thank you for taking the time to explain this properly as it was not clear before.
 

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I have not spent a lot of time trying to figure out the conversion but--
I definitely did not see this coming
I bought a mandatory EY Vistana Villages some time ago
The seller forwarded me the following email (Redacted)


---------- Forwarded message ---------
From: Vistana Title Changes <titlechanges@mvwc.com>
Date: Fri, Jul 15, 2022 at 1:54 PM
Subject: Account Transfer Complete
To:***

Dear Sir or Madam,

This email is to confirm completion of ownership transfer, Contract # ***as of 7/14/2022. Please advise if we may aid with anything further.


Thank you.
*****



The week does not show in my account yet and this email was sent to the seller not to me
I have not received anything from Vistana yet but I did call and they did confirm that it was in process (but said it was still a month or two from showing in my account)
I am hoping that that would still meet the cutoff criteria
I rarely buy but almost always look so I have been continuing to look
This info would probably mean I will not be looking to buy anymore Vistana Mandatory weeks so it is definitely useful information
 

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I still don't understand how they could block post 8/8 mandatory resales. Will they just revert to pure weeks like voluntary and no longer have the ability to reserve with StarOptions? VSN simply signed into an affiliation agreement with Abound.
 

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Assuming that the insider's info turns out to be correct, I'm wondering if the value of Flex resales will go up. Since you won't be able to buy a resale with SO's attached going forward, they would be the only resale ownership that will allow you to access multiple Vistana properties (without plunking down $40K to re-qualify). An interesting prospect!
 
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kozykritter

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I still don't understand how they could block post 8/8 mandatory resales. Will they just revert to pure weeks like voluntary and no longer have the ability to reserve with StarOptions? VSN simply signed into an affiliation agreement with Abound.
That's what they pay all their high-powered lawyers to figure out :p
 

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Assuming that the insider's info turns out to be correct, I'm wondering if the value of Westin and Sheraton Flex resales will go up. Since you won't be able to buy a resale with SO's attached going forward, they would be the only resale ownership that will allow you to access multiple Vistana properties (without plunking down $40K to re-qualify). An interesting prospect!
I’m surprised that they would still be selling Flex post 8/8 if they are really planning on getting rid of VSN and the ability to use SO. Note that the Vistana website still advertises the system.

Flex does give you more options; however, it is more limited in the sense that it doesn’t have Maui OF and it can cost a bit more in terms of MF. I’d prefer to just buy another mandatory Maui OF week and rent it out when I’m not using it.
 

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Assuming that the insider's info turns out to be correct, I'm wondering if the value of Westin and Sheraton Flex resales will go up. Since you won't be able to buy a resale with SO's attached going forward, they would be the only resale ownership that will allow you to access multiple Vistana properties (without plunking down $40K to re-qualify). An interesting prospect!
Aventuras resales aren't cheap anymore.
 
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