Where do I find info on exchanging Star Options through Interval?

[Sonomamon]

I find nothing at all on their site, the Vistana people at the resorts never want to discuss interval exchanges, and it all seems a bit risky to me.
Interval site seems to want my Options before I even see what is available.
Is there somewhere on this site, on Interval site, or anywhere that gives a clear rundown of how to exchange Star Options through Interval.
I was told by Hyatt that they owners have more options...

Thank you.

 

[tschwa2]

I find nothing at all on their site, the Vistana people at the resorts never want to discuss interval exchanges, and it all seems a bit risky to me.
Interval site seems to want my Options before I even see what is available.
Is there somewhere on this site, on Interval site, or anywhere that gives a clear rundown of how to exchange Star Options through Interval.
I was told by Hyatt that they owners have more options...

Thank you.

Westin/sheraton/adventura flex or home options Nanea or WSJ use options to exchange through II. If you own a deeded week, like KORN, you exchange your unit not staroptions. Using options there is a grid based on the size and season you want to exchange into.

 

[Sonomamon]

Westin/sheraton/adventura flex or home options Nanea or WSJ use options to exchange through II. If you own a deeded week, like KORN, you exchange your unit not staroptions. Using options there is a grid based on the size and season you want to exchange into.

I own at KORN, so I guess it's a deeded week? I know that I can go any weeks I want. I own "Odd Year Float." But where can I find information on how it works?

 

[tschwa2]

I own at KORN, so I guess it's a deeded week? I know that I can go any weeks I want. But where can I find information on how it works?

If you own a deeded week using options in Interval is not an option for you. This is the chart but unless you plan on purchaseing from one of the Flex trusts, Nanea, or the UDI WSJ you really don't need to worry about how it works.

The inventory is going to be the same that you see with your deposited weeks but those with only flex/home options exchange a set amount of options based on size and tdi.

 

[Sonomamon]

If you own a deeded week using options in Interval is not an option for you. This is the chart but unless you plan on purchaseing from one of the Flex trusts, Nanea, or the UDI WSJ you really don't need to worry about how it works.

The inventory is going to be the same that you see with your deposited weeks but those with only flex/home options exchange a set amount of options based on size and tdi.

Thank you, but I need to worry about how it works, because they want me to choose what I am depositing before they even let me see what is available.
I don't know what a lot of those abbreviations are. UDI WSJ TDI?
And do I have to use all my options/weeks, or can I use just some?
Is there not a web site somewhere that explains everything in detail? It all seems so shady.

 

[tschwa2]

So a week 52 2 BR at a crappy 4th tier Orlando resort would cost 110,000 in options since it has a tdi of 150. A 2 BR at a Marriott in Aruba for week 17 would cost 67,100 because it has a tdi of 100. An AI with a $8000 a week additional mandatory AI fee (for 4) with a tdi of 100 would also be 67,100 for a 2 BR.

 

[Sonomamon]

So a week 52 2 BR at a crappy 4th tier Orlando resort would cost 110,000 in options since it has a tdi of 150. A 2 BR at a Marriott in Aruba for week 17 would cost 67,100 because it has a tdi of 100. An AI with a $8000 a week additional mandatory AI fee (for 4) with a tdi of 100 would also be 67,100 for a 2 BR.

Thank you, but does someone just have a link to a site that explains how it all works? I don't know AI or TDI meanings.
I go to interval site, pick a destination city, and then it wants me to deposit my weeks. If I do that, can I still back out?
Once I do that, and choose a place and dates, are they guaranteed, or do I have to hope that I get what I want after giving up my weeks?

 

[tschwa2]

Thank you, but does someone just have a link to a site that explains how it all works? I don't know AI or TDI meanings.
I go to interval site, pick a destination city, and then it wants me to deposit my weeks. If I do that, can I still back out?
Once I do that, and choose a place and dates, are they guaranteed, or do I have to hope that I get what I want after giving up my weeks?

depositing a week is all you can do. If you don't own flexoptions or homeoptions at the resorts I listed above it isn't an option to use Staroptions with II.

You can do a request first or a deposit first with both sides of your lock off or deposit or request first with the full 2 bedroom. Those are your only options. You can search what is available without actually depositing but what you see is the leftovers after ongoing searches have been met. Clicking on vacation exchange doesn't deposit your unit. It just allows you to search. Don't click on the one that says deposit. If you select Vacation Exchange you wouldn't actually deposit anything until you select a resort, go through several pages and then put in your credit card for the exchange and confirm the deposit/exchange. Up until that happens you are just searching and nothing is deposited. So for you, with what you currently own, ignore the chart. That doesn't apply to you.

Go to the Vistana forum and read through the owner resources on exchanging with II for more information.

 

[Sonomamon]

depositing a week is all you can do. If you don't own flexoptions or homeoptions at the resorts I listed above it isn't an option to use Staroptions with II.

You can do a request first or a deposit first with both sides of your lock off or deposit or request first with the full 2 bedroom. Those are your only options. You can search what is available without actually depositing but what you see is the leftovers after ongoing searches have been met. Clicking on vacation exchange doesn't deposit your unit. It just allows you to search. Don't click on the one that says deposit. If you select Vacation Exchange you wouldn't actually deposit anything until you select a resort, go through several pages and then put in your credit card for the exchange and confirm the deposit/exchange. Up until that happens you are just searching and nothing is deposited. So for you, with what you currently own, ignore the chart. That doesn't apply to you.

Go to the Vistana forum and read through the owner resources on exchanging with II for more information.

Okay, thank you. Good to know I can safely click that button that allows me to see what is available. Maui and Kauai are about the only US options that interest me, so thinking of exchanging at some point in the future. Not this year. Do you know if I do the Hotel exchange thing, where it says I may not get an equivalent room, can I see what kind of room I will get before exchanging?

 

[tschwa2]

Okay, thank you. Good to know I can safely click that button that allows me to see what is available. Maui and Kauai are about the only US options that interest me, so thinking of exchanging at some point in the future. Not this year. Do you know if I do the Hotel exchange thing, where it says I may not get an equivalent room, can I see what kind of room I will get before exchanging?

Yes. You have to have a gold or platinum II membership but they will let you search even if you don't and will add the cost to get you to gold or platinum to the total before you confirm. I doubt you would get more than 3 nights in an ocean front hawaii hotel and may not even get the ocean front view using your 1br premium unit. My guess is they would value your 1BR at about $1000 for the week and the studio for about $800 toward whatever the hotel would cost plus you have to pay a $179 hotel exchange fee plus any difference between what they give you for you unit and what the hotel you want costs.

 

[dioxide45]

So a week 52 2 BR at a crappy 4th tier Orlando resort would cost 110,000 in options since it has a tdi of 150. A 2 BR at a Marriott in Aruba for week 17 would cost 67,100 because it has a tdi of 100. An AI with a $8000 a week additional mandatory AI fee (for 4) with a tdi of 100 would also be 67,100 for a 2 BR.

Yeah, the chart has some anomalies. From what I have determined, if you own Sheraton Flex, you are far better off in most instances to exchange through II instead of use your options. Of course this does carry an exchange fee.

 

[tschwa2]

Thank you, but I need to worry about how it works, because they want me to choose what I am depositing before they even let me see what is available.
I don't know what a lot of those abbreviations are. UDI WSJ TDI?
And do I have to use all my options/weeks, or can I use just some?
Is there not a web site somewhere that explains everything in detail? It all seems so shady.

UDI is undivided interest. If you own a deeded week- even a float week you do not own point in a resort that was never divided into weeks. One of the sections of WSJ (Westin St John) was sold that way- No weeks just options. The same with Westin Nanea, it was never sold as weeks just with home options. TDI is travel demand index. Some weeks have more demand than others. With Vistana's deeded weeks that aren't true fixed weeks, you get the power of the average of your season at your resort. You can search with a studio, or with your 1BR or with your entire 2BR lockout. You may see a difference in what inventory is available based on which unit you search with but at least 85% of what is available for your 2 BR is probably available using just the studio why trade away the whole lock out when you don't have to.

Since you can't exchange with Options, only your current or future year unit or past year unit but only if you deposit and bank with II before the end of the use year. If you have options for last year that you banked, you can't use them in II. You can only use your actual unit.

 

[M Wyo]

Question.....is there a way to use two years of flex options available for II? That could be very useful.

 

[tschwa2]

Question.....is there a way to use two years of flex options available for II? That could be very useful.

You should be able to call vistana and have them deposit your 2021 and 2022 options into II but you would have to prepay your MF's for the 2022 before they would do that.

 

[Sonomamon]

Yes. You have to have a gold or platinum II membership but they will let you search even if you don't and will add the cost to get you to gold or platinum to the total before you confirm. I doubt you would get more than 3 nights in an ocean front hawaii hotel and may not even get the ocean front view using your 1br premium unit. My guess is they would value your 1BR at about $1000 for the week and the studio for about $800 toward whatever the hotel would cost plus you have to pay a $179 hotel exchange fee plus any difference between what they give you for you unit and what the hotel you want costs.

Thanks. Sounds like that is a bad deal.

 

[Sonomamon]

UDI is undivided interest. If you own a deeded week- even a float week you do not own point in a resort that was never divided into weeks. One of the sections of WSJ (Westin St John) was sold that way- No weeks just options. The same with Westin Nanea, it was never sold as weeks just with home options. TDI is travel demand index. Some weeks have more demand than others. With Vistana's deeded weeks that aren't true fixed weeks, you get the power of the average of your season at your resort. You can search with a studio, or with your 1BR or with your entire 2BR lockout. You may see a difference in what inventory is available based on which unit you search with but at least 85% of what is available for your 2 BR is probably available using just the studio why trade away the whole lock out when you don't have to.

Since you can't exchange with Options, only your current or future year unit or past year unit but only if you deposit and bank with II before the end of the use year. If you have options for last year that you banked, you can't use them in II. You can only use your actual unit.

Thank you very much.