She said that within three years Marriott is going to be more exclusive and do all of its exchanges outside of II and that we wouldn’t want to be excluded from that process.
We need to always distinguish between Marriott's changing the recorded governing docs. which control
reservation of your week, and setting up a new (internal) system for
trading. They are distinct.
Marriott cannot in any way shape or form control how, with whom, or where you decide to "exchange" your reserved week. You can do it with friends, you can do it on e-bay, you can do it through a system such at redweek or II, or any other way you want. You can even start your own exchange sytem and set up your own rules if you want. Marriott can do the same as redweek, II, etc. have done, and make their own rules for those exchanges, but it would be your choice to participate or not as with all the other exchange systems.
They may even be able to limit their system to "direct" purchasers (although they would certainly be subject to anti-trust scrutiny based upon their market postion and position as "managers" of the resorts and control over the initial reservation process). Remeber that if they did restrict it is a doubel edge sword: direct purchasers who deposited would not be able to exchange weeks deposited in that system with resale purchasers.
It seems to me that in any internal system (using points vs. II type system) would not change the
relative trading power of any particular week. The power of any week is based upon what other people want and when, and shouldn't change from what it is now if you use points which would be based upon the trading power.
