Westin Kierland Villas staroption values

[work2travel]

Hello there, does anyone know if the staroption values for gold season timeshares at Kierland have changed in the last few years? What happens if someone buys resale today, would the timeshare staroptions for the timeshare be the originaly deeded ones or the current staroptions for the season?

 

[DeniseM]

I do not believe the WKV's Staroptions have ever changed, so they should be the same.

There is a link to a Staroptions chart that you can download in Owner Resources at the top of the page.

If you care to list the specifics, I'm sure someone can help you.

This is what I show for Gold Season Staroptions:

2 bdm. - 81,000
1 bdm. premium - 44,000
1 bdm. - 37,000

 

[work2travel]

thank you Denise. I have a staroptions value chart dated 3/04 that shows 79,900 L/O
44,000 1br premium and
35,900 1br

 

[DeniseM]

thank you Denise. I have a staroptions value chart dated 3/04 that shows 79,900 L/O
44,000 1br premium and
35,900 1br

Hey - you got me! - I just looked at my oldest chart (9/03) and it agrees with your numbers.

It looks like they changed it on the 5/04 chart (based on my chart collection, at least.)

However, when they revised the chart, it would apply to all deeds, so the new (and better) numbers should apply.

 

[work2travel]

Thank you for checking into the staroptions value change Denise.

Given the change in staroptions,
I thought I read in one of the threads that when starwood increases the staroption values those who own at the resort maintain their right to use their week/season they purchased but the deededstaroptions value remains the same so if they want to trade into another resort they may come up short in reserving an equivalent week. I was trying to verify if that is indeed true.

Does anyone know?

 

[DavidnRobin]

Thank you for checking into the staroptions value change Denise.

Given the change in staroptions,
I thought I read in one of the threads that when starwood increases the staroption values those who own at the resort maintain their right to use their week/season they purchased but the deededstaroptions value remains the same so if they want to trade into another resort they may come up short in reserving an equivalent week. I was trying to verify if that is indeed true.

Does anyone know?

A 2Bd LO in gold season is 81K SOs
SOs can change and do - as per the docs that make up the Owners Manual.

As to your question - SOs are not deeded - the VOI resort-unit-week are.
I do not recall reading that here - it would not make sense since your VOI is deeded, and SVN exchanges use SOs to reserve the week - or use as a SVN exchange.

I do not think it is true, but using logical reasoning and not direct knowledge.

 

[work2travel]

I would love to see this logical theory accepted by starwood. My week 40 2-br Vistana Village will now be worth 81,000 SO based on the 2009 chart and not what was originally deeded for. I doubt that starwood would allow me to trade 81000SO into another SVN resort

 

[DavidnRobin]

I would love to see this logical theory accepted by starwood. My week 40 2-br Vistana Village will now be worth 81,000 SO based on the 2009 chart and not what was originally deeded for. I doubt that starwood would allow me to trade 81000SO into another SVN resort

Why assume this? How many SOs does MSC have for your VOI - or how many SOs does Owner Services have for you? I thought these do have 81K SOs associated with them? Why do you think you cannot use those 81K SOs for SVN echanging?

Our WSJ unit was originally deeded for 67.1K SOs - and now it has 81K SOs which we can use to exchange via SVN for a unit worth 81K SOs (e.g. a 1Bd in HI)

 

[LisaRex]

I would love to see this logical theory accepted by starwood. My week 40 2-br Vistana Village will now be worth 81,000 SO based on the 2009 chart and not what was originally deeded for. I doubt that starwood would allow me to trade 81000SO into another SVN resort

81,000 StarOptions are 81,000 StarOptions and you can spend them on any exchange worth 81,000 StarOptions or less.

I think it's a good thing that Starwood adjusted the SOs for WSJ because they needed to be aligned with the newer properties. However, I'm concerned that they are assigning equivalent SOs to places that are less in demand and which have far less MFs. There should be some correlation between SOs and MFs or everyone will simply buy the properties with the highest SO:MF ratio and exchange into the top tier properties rather than buying there. (Smart people.) Once the word gets out, it'll be nearly impossible to sell HRA, WSJ or the Hawaii properties, esp if you have an island view.

 

[work2travel]

Starwood is disagreeing. Do you have any suggestions on whom to talk to about this? The MSC shows 67,100 SOs for my timeshare

 

[LisaRex]

Very odd.

I wonder if they accidentally coded it as Vistana's Beach Club? That one does list 67,100 for a 2 bdrm in Week 40.

 

[work2travel]

It is beyond odd. It is absurd.
The starwood party line as of this morning is that the HOA board of directors changed (increased) the SOs for non-owners coming to use the resort, but owners of timeshares at the resort itself dont get the same SO value when they wish to trade the very same week/season into another resort. This to me defies logic, devalues timeshare ownership and is extremely unfair.

 

[LisaRex]

How stupid and confusing.

What difference would it make to your HOA board how many StarOptions are assigned to your unit? It's not like we get paid per SO.

 

[DavidnRobin]

I would love to see this logical theory accepted by starwood. My week 40 2-br Vistana Village will now be worth 81,000 SO based on the 2009 chart and not what was originally deeded for. I doubt that starwood would allow me to trade 81000SO into another SVN resort

before getting to far into this...

From above - you state that you own 2Bd SVV (not SVR...) week 40 but you do not state what resort (e.g. Bella, Amelia) or if it a LO or not (there are both types with differing SOs). The SO charts have many different SOs for SVVs.

so... it is really difficult to help with issues like this without complete info - this thread started about WKV (why i got involved), but it is really about SVV - which I know little about. what is your specific VOI info?

For a M resort - like SVV {non-Amelia}, WKV, WSJ, WKORV/N... - I find it difficult to believe that the SOs associated with the deeded VOI are different when it come to exchanging within SVN. For a V resorts - especially in FLA - all bets are off...

 

[pointsjunkie]

I would love to see this logical theory accepted by starwood. My week 40 2-br Vistana Village will now be worth 81,000 SO based on the 2009 chart and not what was originally deeded for. I doubt that starwood would allow me to trade 81000SO into another SVN resort

when i first purchased at SVV my resort was on;y worth 65000 staroptions and then they re-evaluated the numbers and it went to 67100. i have not checked to see if any of my units have changed vaule, i guess i should.

weather in southern cal is gorgeous.

 

[DeniseM]

I would love to see this logical theory accepted by starwood. My week 40 2-br Vistana Village will now be worth 81,000 SO based on the 2009 chart and not what was originally deeded for. I doubt that starwood would allow me to trade 81000SO into another SVN resort

OK - if we are talking about SVV - then what Starwood told you is correct. Next time, ask us about SVV instead of WKV!

See this thread from around the time when they made the SO change.

 

[work2travel]

why is this happening and why is it ok at VV and not WKV? I discussed the issue with starwood regarding VV, did not discuss the WKV. I was wondering if the same situation that they claim applies to VV is also applicable to WKV when staroptions are changed. I know it can be confusing but we are really discussing in the case of the VV and WKV is the same issue; what happens to the value of the timeshare SOs from a timeshare owner's standpoint when starwood increases the SO for use at the resort.

 

[DavidnRobin]

why is this happening and why is it ok at VV and not WKV? I discussed the issue with starwood regarding VV, did not discuss the WKV. I was wondering if the same situation that they claim applies to VV is also applicable to WKV when staroptions are changed. I know it can be confusing but we are really discussing in the case of the VV and WKV is the same issue; what happens to the value of the timeshare SOs from a timeshare owner's standpoint when starwood increases the SO for use at the resort.

that is understood - it is just that there is no info on your particular unit (still) - you got the answer for WKV (same SOs coming in and out of SVN...) - TUG advice is free, but it would be good in all cases for the post(s) to be clear/concise as to save peoples time...

VOIs are deeded - not SOs - SOs are assigned to the VOI and can be altered per contract - you are saying that yours are imbalanced - I am asking how many currently assigned SOs do you have? and how many does SVO/SVN state you have for SVN exchanging? if you tell us which specific VOI you are discussing - there is a SO chart that lists these...

in my experience for WSJ - there was a SO option increase this year for our WSJ VOI from 67.1K to 81K - and this shows up on MSC - we are allowed (but would unlikely) to SVN exchange into a resort unit that is 81K SOs (or these 81K SOs can be split and perhaps combined for SVN exchanges)

 

[work2travel]

For the Vistana Villages Bella property: 2br/ week 40 MSC shows 67,100 SOs. The SO value chart shows 81,000 SOs as of 2009.

Are any owners of weeks 39-47 SVV Bella seeing the same in their MSC owner info?

 

[DavidnRobin]

For the Vistana Villages Bella property: 2br/ week 40 MSC shows 67,100 SOs. The SO value chart shows 81,000 SOs as of 2009.

Are any owners of weeks 39-47 SVV Bella seeing the same in their MSC owner info?

Got it.

At SVV-Bella (an M resort) there are two different types of 2Bd units (LO and non-LO) - for week 40 - the SO chart shows 67.1K SO for the non-LO and 81K SOs for the LO.

So... does SVO have you unit type incorrect in their database? Does MSC say your unit is a LO? If you compare your deeded unit number with the unit listings in the docs contained SVV-Bella OM - does it match with the LO or non-LO?

It would be difficult to believe that you have a week 40 SVV-Bella 2Bd LO that has your unit assigned 67.1K SOs - yet is claiming that via SVN it is worth 81K SOs - as stated before - it just does not make sense.

If this is the case - I would strongly suggest that you read your SVV-Bella OM and see if that is specifically allowed.

The the OMs I have - it does state that SOs can be reaasigned - but no where does it state that SOs can be re-assigned for SVN exchanges into a the resort but not out of the resort.

Best of luck - let us know what comes of this because this is the first I have heard this for a SVO M resort

 

[DeniseM]

Best of luck - let us know what comes of this because this is the first I have heard this for a SVO M resort

David - did you see the link I posted? It was discussed here quite a bit when they first made the change.

 

[James1975NY]

Hello there, does anyone know if the staroption values for gold season timeshares at Kierland have changed in the last few years? What happens if someone buys resale today, would the timeshare staroptions for the timeshare be the originaly deeded ones or the current staroptions for the season?

Your StarOptions should be 81,000. When they made the change from 79,900 StarOptions to 81,000, they did this by eliminating the 79,900 altogether. Basically, there was a lot of frustration with owners that owned 79.9 and wanted to book a large one bedroom in platinum plus seasons which required 81,000 StarOptions at that time. Basically, the 79.9 owner was being told that they had to wait until 90-days to borrow the 1200 Staroptions they needed and of course, when they called it was not available. This was a good change in my opinion.

 

[DavidnRobin]

David - did you see the link I posted? It was discussed here quite a bit when they first made the change.

Obviously - nope - but I am still unclear - are they really giving the Owners 67.1K SOs to SVN exchange, but listed their units as 81K SOs to SVN at the 8-month point? or is this misinformation?

And importantly - is this allowed by the OM?

 

[clsmit]

From the discussions on the thread when SVN invited those owners to join, that was the deal -- they got fewer options to spend than what it cost to stay there. Logical, no. A pain to keep track of, yes. Fair, no. But as my dad likes to say, "what's fair got to do with it?"

 

[work2travel]

My 2br wekk 40 unit is not a L/O. It is correctly identified as a regular 2br in the BSC. In 2008 units 39-47 were high season worth 67,100 SOs. This year the Star options chart show that anyone going to Vistana will have to spend 81,000 options. The catch is (to the benefit of Starwood and everyone elses loss) that the same value of 81,000 SO is not given to timeshare owners of the resort to trade within the SVN. Yes I know life is unfair, but this is beyond that its is a rip off for both owners at the resort and users of SVV.