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Originally posted by T. R. Oglodyte
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Your deed will stay in tact but it will change how you do exchanges in the new internal exchange system because you are competing with a lot more people to make the reservations at your own or other resorts. It's all so uncertain. -
If I understand the upthread comments correctly, Mariott transferred all of it's unsold inventory to the trust and would only be selling points from the trust. That means that, except in the cases in which a resort is entirely sold out, the ownership structure is going to be some mix of previously sold deeds and trust ownership. That arrangement pretty much ensures that Marriott will control resort operations in perpetuity, since the trust, voting as a bloc, will for all practical purposes control the outcome of all elections.Originally posted by iconnections View Post
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A related question is what happens at resorts that are entirely sold out as deeded ownerships. Suppose Marriott deaffiliates with the resort, as they have done in the past with some resorts. If that occurs, what happens to the deeded owners at that resort who have joined the trust?“Maybe you shouldn't dress like that.”
“This is a blouse and skirt. I don't know what you're talking about.”
“You shouldn't wear that body.”Comment
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This question has already been asked but I don't remember the answer. Many good questions are being posted to ask the sales person when you get the update in person, by phone or chat.Originally posted by T. R. Oglodyte
It is clear to me that Marriott wants control over everything and our timeshare will be an enhancement to their hospitality division. It has advantages but also disadvantages or many uncertainties so why not rent a condo when you want to take a trip and walk away from any headaches when you return home.
PS. There are several attorneys who post some very good information. Here is an example and there are more. I also agree with this person here because I have checked it out with my fixed week and will lose 1175 points to get my own week back. I need to check the averages and will do that later because I need a calendar to do it.Comment
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OK so you are Stressy OY. Now I know your alias OY. I should have known!Originally posted by StressCadet View Post"Someone" is me
It does appear that NYS residents are excluded. At first I thought it was just from the special offer but it does say Vacation Points. So...I don't know.
Perhaps your state is the only place that will protect it's residents from venturing over in to the "dark side"
Flying at MACH4 +Comment
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Billy
NYS residence are NOT excluded from the program. Just the special offer. I confirmed this today with Marriott, as did some other NYS residents. Not sure if that's good, or bad.
Originally posted by billymach4My head is spinning from all of the Chatter OY on this Dag gone system. And Emmy I agree with your sentiments. MVCI wants their Cake, and they want the whole cake for themselves.
Now to boot Residents of NYS seem to be excluded from this joining this Club. Someone OY posted this in reply to one of Angela's posts.
I am totally confused. One part of me sort of likes this new offering, and another part says wait it out. Of course I will wait. But it looks like I am a New York State resident and thus have no option to join anyway. So there!
Originally posted by StressCadet View Post"Someone" is me
It does appear that NYS residents are excluded. At first I thought it was just from the special offer but it does say Vacation Points. So...I don't know.
Perhaps your state is the only place that will protect it's residents from venturing over in to the "dark side"Angela
If you change the way you look at things, the things you look at change.
BTW, I'm still keeping track of how many times you annoy me.
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Yes I realize that now, and thanks for confirming!
For now I am just going to stay put. I have till year end to make an educated decision, and I am leaning towards not paying MVCI another fee for this Garbage system.
In the end the folks with good old weeks at good resorts will have strong trading power in II.Flying at MACH4 +Comment
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In the past, I have made an II exchange into NCV fairly easily with several of my non marriott TSs ( currently my NCV see the same number of mid dec weeks at NCV as my non marriott weeks. ) So why do an internal trade of my Marriott for another marriott when one of two things is going to happen;
1 I don't have enough Marriott points to get any kind of upgrade
2. My non marriott weeks can still see everything in II that my non marriott weeks can see.
Not much there for me.BillComment
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Sorry about that guys...there is/was so much info being batted around-it was hard to keep track. I didn't mean to lead you astray.Originally posted by ArtsieAng View PostBilly
NYS residence are NOT excluded from the program. Just the special offer. I confirmed this today with Marriott, as did some other NYS residents. Not sure if that's good, or bad.Comment
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Originally posted by billymach4
That's how I feel as well and I only own a MAR trader. I will never stay at my resort. I have already pulled the value out of my purchase IMO and if I had to give it away-I'd be fine. I realize that isn't the case for many and that those people must make decisions but if Marriott itself is only expecting 5 to 10 percent of owners will convert to points then I think weeks and trading and even renting will be alive and well. JMHO.Comment
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I just wanted to add, though having no explanation, the intra-resort NCV inventory compared to similar searches this time last year is almost non-extant. There were far more 'off season' platinum weeks (and gold winter/spring weeks) last year. NCV built out their last units right in the middle of the down economy, so I doubt those units are all sold and bet Marriott pulled them into points. We'll see
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I totally agree. I watched this all year with Ko'Olina. Part of the reason I took a 1bd exchange over a year ago was because I "KNEW" there would be plenty of 2bds to re-exchange for in Flex. There wasn't. (I got mine though-thanks to Angela and it was the ONLY one that ever showed for my dates) Ko'Olina was picked clean over a year ago. I know. I watched.Originally posted by camachinist View PostI just wanted to add, though having no explanation, the intra-resort NCV inventory compared to similar searches this time last year is almost non-extant. There were far more 'off season' platinum weeks (and gold winter/spring weeks) last year. NCV built out their last units right in the middle of the down economy, so I doubt those units are all sold and bet Marriott pulled them into points. We'll seeComment
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I noticed something similar with the inventory of Marriotts in II.
Two months ago, there were many, many weeks.
Last week, noticably fewer. I'll bet the excess inventory was pulled from II exchange. Makes sense if you are trying to scare people into the points program.
2500 points for MCP Summer Season. I think I value my week MUCH more than Mariott. Hmmm. I'm not liking this a whole lot at the moment. Using points, I will have very limited options to exchange anywhere--and certainly not during Platinum season (which is where my week used to trade).Comment
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No change on my view
Used my Surf Club Studio, and I see a wide variety of dates and MVCI resorts. I am not targeting Hawaii. But let me check now.
Heck I even saw NCV. Granted it was in December.Flying at MACH4 +Comment
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Kuai Beach Club in December
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Lihue , HI , USA Resort Details & Photos
Dec 03 2010 - Dec 10 2010
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I am not a HI tourist just yet, But this is what I see as of now.
Time will tellFlying at MACH4 +Comment
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One scenario:
My week - Dec 3-10 at NCV - I've decided to convert my gold week to points and want to reserve a week in 'off season' platinum which, incidentally, is the same points 'value' to reserve as gold season.
MF's including r/e taxes - 1031.90
Points surrender value - 2700
Points reservation value - 2900
Conversion fee - 595
Yearly fee - 165
Total monetary cost, exclusive of extra points needed for reservation - 1791.90
Marriott rental rate - 194.00/nt or 1493.80 including tax with MOD rate
In both cases, I'm an owner securing a week at NCV, one through points and one with pure cash. I'll consider the 21,500 I spent on the week seven years ago to be a sunk cost and irrelevant to the comparison.
In the first year, the rental beats points by nearly 300.00. In the second year, points, if the rental is the same price, beats the rental by nearly 300. Then there's the value of the ~20,000 MRP's I'd be getting for 'renting', essentially one night at a 200-300/nt hotel, so, even with enrollment discounted, it's about a wash.
Then there's the 700 points per night for Friday/Saturday and 300 per night for Sunday/Thursday, if a partial stay is desired. Mid-week, the points might make some semblance of sense.
BTW, the only NCV weeks in II inventory for the next year at this post time, searching with a platinum NCV, are Dec 3-10 and Dec 12-19.
Pretty bleak, IMO.
Marriott 'got me' once for buying developer. They won't 'get me' again
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