Impact of Destination Points on current Marriott owners

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

One more question - if I choose to enroll and then sell my ownerships later on, will my "destination club membership" transfer with ownership - will the new owners be destination club/points owners?

As we know from Starwood, only the 5 mandatory resorts have Staroptions transfer with the ownership.

Pat, the documents have conflicting answers but I spoke with a resale broker and he told me that a deed, that was sold after June 20, will not qualify even when an approved broker handles the sale. This may be different for points owners if they go through an approved resale broker too as it has some wording in the documents that allow it.

It was quoted in this thread but we are not points owners even if we enroll in the MVCD exchange program. The whole new program has been handled so poorly by the Marriott as they are not trained properly.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

Pat, the documents have conflicting answers but I spoke with a resale broker and he told me that a deed, that was sold after June 20, will not qualify even when an approved broker handles the sale. This may be different for points owners if they go through an approved resale broker too as it has some wording in the documents that allow it.

Emmy, you and I and all members here would be "legacy" owners.
I am only interested in 'old' owners like us - do you know if we decide to join the program if our destination point membership would transfer to the new owner of our "week deed".

It was quoted in this thread but we are not points owners even if we enroll in the MVCD exchange program. The whole new program has been handled so poorly by the Marriott as they are not trained properly.

I believe/think that unless you and I buy 'destination club point' directly from Marriott we will always be considered 'enrolled members' and be in a different category.

As for poor training, who knows!
Marriott corporate knows exactly what they are doing - to improve their bottom line and
terrorize/frighten/mislead/misinform current owners just enough to make us think that if we DON'T join, our current ownership will be diminished.

[ArtsieAng Super Moderator Find all posts View Profile Close ArtsieAng]

GrayFal

Emmy, you and I and all members here would be "legacy" owners.
I am only interested in 'old' owners like us - do you know if we decide to join the program if our destination point membership would transfer to the new owner of our "week deed".

I'm guessing the answer is no........Not for a price, anyway. I can't see Marriott allowing us to turn over our rights for the new program, when they didn't allow it in the past.

[camachinist Super Moderator Find all posts View Profile Close camachinist]

The old coke is weeks. The new coke is points.

Marriott will do everything legally possible to clear out the stock of old coke and replace it with new coke.

Regardless of whether an owner is a legacy developer weeks owner or resale weeks owner, Marriott wants those weeks gone. They want points. Hence, resales of any sort of *weeks* will not be allowed to sample new coke. This is a setup for a long-term acquisition plan, IMO. Think about it. They made a ton of money off developer owners, some of whom will now sell into the 'new coke' resale market and Marriott will legally be able to get first dibs on those weeks to add them to the trust at resale prices and then charge retail for the points to use them in 'new coke'.

It's something only a wet behind the ears MBA could dream up, kinda like Enron and the banking meltdown. I'm building a rocketship with MBA emblazoned on the side

[BigGene Junior Member Find all posts View Profile Close BigGene]

New oil painting at Marriott

All of the old "week" deeded properties were sold to my knowledge. Now they sell additional "points" to use for inventory that has already been sold. They should take down the oil painting of the father and son Marriott from the sales offices and replace it with one of Bernie Madoff and Charles Ponzi

[Mah1099 Junior Member Find all posts View Profile Close Mah1099]

We have been looking at this for the past 2 weeks and do not wish to repeat what has been said. We own 14 weeks in the Marriott orgainization and now we want out. We did not buy silver weeks, why should they get our weeks. MVCI is stuck with locations and times they can not sell so stick it to us! Why shoul they get a 13 month window I never agreed to that, the Board did not agree ( soon they will control that), and the site property owners did not agree to that. MVCI does not have the right to market this point system at our properties only the condo time share units( so much for resale). We need to put heat on them. The charges aren't arms length, we could go on. We for one met some ago with our attorney.
A very disatisfied owner

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

We have been looking at this for the past 2 weeks and do not wish to repeat what has been said. We own 14 weeks in the Marriott orgainization and now we want out. We did not buy silver weeks, why should they get our weeks. MVCI is stuck with locations and times they can not sell so stick it to us! Why shoul they get a 13 month window I never agreed to that, the Board did not agree ( soon they will control that), and the site property owners did not agree to that. MVCI does not have the right to market this point system at our properties only the condo time share units( so much for resale). We need to put heat on them. The charges aren't arms length, we could go on. We for one met some ago with our attorney.
A very disatisfied owner

I hope for you that you didn't buy them all direct from the Marriott. If so, you are really hurting because the resale value will be next to nothing and the economy doesn't help either. Marriott wants the resale values to crash so they can pick the Legacy weeks up for next to nothing. It may take them quite a few years but they will get it accomplished. What I wonder now is II in bed with the Marriott or are they still a competitor and I wonder who needs who more?

I know that we don't have to join but making exchanges through II will get more difficult to do if more Legacy week owners transfer to the DC over time.

[camachinist Super Moderator Find all posts View Profile Close camachinist]

I don't like linking but this thread about 'different' inventories for legacy weeks enrollees and trust members is worthy of it...

It will interesting to see how this develops....

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

I read it and am speechless. I don't mind linking because there is too much to read but here are some important posts.

This was nowhere mentioned before until this person went to a sales presentation at MOW.

This is not good news from a TUGger who has already enrolled.

Here you have your answer too if you enroll as a resale buyer. Your MRPs perk will be no more.

Is this the answer to all the confusion here?

The information age (timeshare forums and blogs) are hurting the big timeshare developers so all they can do is kill the competition by trashing resale values and by making exchanges more difficult to get unless we sign up for whatever new program they are pushing.

[camachinist Super Moderator Find all posts View Profile Close camachinist]

Perhaps a moving target datapoint (time will tell), but I cannot find any availability at NCV through MARSHA after June 24, 2011. Up to then, single nights (or multiple nights) can be had for 211/nt with the MOD discount (265.00 regular rate). After June 24, nada. The signficance of this is still unclear. Is it because all the developer and MRP surrender inventory is now going to the trust? Is it just that no rooms have been loaded into MARSHA after that date? IDK. It is close to the 50 week mark so that might be it. We'll see

In light of further discussion on separate 'buckets' in DCP, I thought it worthy of mention, as someone who often 'rents' nights at NCV to compliment timeshare stays, or recommends same to tenants. Are changes afoot? Will it impact our ownerships? Stay tuned

[BhamDennis Junior Member Find all posts View Profile Close BhamDennis]

Are you super-smart, or just unable to communicate?

I've noted, elsewhere, discussion of the ability of DCP's to be 'adjusted' and noted references to MRP's and have the following comments:

A critical difference, as MRP's are oft-discussed, is that, perhaps exclusive of the ones given as a perk/incentive of buying/owning developer timeshares (but aren't strictly 'purchased'), all MRP's are 'free', a reward for loyalty to the Marriott brand.

DCP's, OTOH, cost money, *big* money. Willy-nilly arbitrary changing of those point values is an entirely different dynamic. What I'm hearing is that a lot of us don't trust nor expect Marriott to do 'the right thing' by its owners. There's a reason for that, individual to each of us.

J. Willard (Bill) Marriott is getting up there (78) and the philosophy which he built the Marriott brand on is changing, markedly so, IMO, in the last decade. My takeaway from all this reading is that, overwhelmingly, people don't have the same faith in Marriott as a brand that they (and we) once did.

If they would've kept this in-house on MARSHA and enacted a simplistic, easy to understand methodology for both legacy and new owners, *perception* would be far different.

If you're going to post so many messages, please do us all a favor, and run them by someone that speaks plain english. Are you trying to impress us with your vocabulary, or are you unable to communicate at a high school level for the masses?

[camachinist Super Moderator Find all posts View Profile Close camachinist]

So, why don't you translate? Good job for you. I'm busy maximizing my ownership. Thanks

[BigGene Junior Member Find all posts View Profile Close BigGene]

Dual value for Dest Points

Aug 17th. Took another Destination Points sales pitch. I found out today that my Fairway Villas ( MFV) week is allocated to me at the rate of 2075 points in the Destination Points system. But to use that week, Marriott charges others 2750 points. I am short changed 700 points in value ! Every property has two values associated with them. One for the owner(LOW) and one for the user (HIGH). This is a flim flam

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

Aug 17th. Took another Destination Points sales pitch. I found out today that my Fairway Villas ( MFV) week is allocated to me at the rate of 2075 points in the Destination Points system. But to use that week, Marriott charges others 2750 points. I am short changed 700 points in value ! Every property has two values associated with them. One for the owner(LOW) and one for the user (HIGH). This is a flim flam

The average skim is close to 7%. There are a few weeks where it takes less points in a season but, in my case that amounts to the 4 least desirable weeks.

The adavantage to current owners appears to be the one membership fee covering all the formerly ala carte prices such as I.I. membership fee, exchange fee's, reservation change fee's and lock-off fee's. The problem is, you need to be locking off two units and making 3 or 4 exchanges in order to break even in approx. 3 years.

The only thing point might do for some is add flexablity. It just seems to be a high price to pay in order to take short stays or check in on a Mon, Tues, Weds or Thurs.

The only reason I'm considering joining is that we own two lock-off units and, we lock them both off each year and make two to three exchanges per year. At the current membership fee of $199/year it will take me a little longer than three years to break even on the costs. The odds that I'll ever convert my week to points in the new system is slim and none. Instead, I'll continue to exchange via the weeks based system and take advantage of the one price for all services rather than ala carte pricing for everything we do.

[goose Junior Member Find all posts View Profile Close goose]

I just spent a week at Marriott in Ocean Watch in Myrtle Beach and took the tour to learn about destination points. We own another week in Barony Beach. We were going to pay the fee to transfer into the destination points but in order to do it the presenter had to get into my Marriot Vacation Club account. I did not remember my password so we said we would do it when we got home. Once at home I logged on to check on the validity of their statement that the only cost to current owners who transferred was the $695 and the annual fee of about $190. No other costs they assured us. Well, I got into my account and my week at Barony Beach is worth 4200 points. But to book at Barony Beach the charge is 4500 points. So Marriott is skimming 300 points off the top. This was never mentioned in the presentation while we continually assured that nothing changed. Although I find the Marriott product excellent, the salespeople are no better than used-car salesmen, employing underhanded techniques. Another place where they were less than honest was when we asked to see a contract so we could go over it in detail before signing up for it. They first said it was not customary to give out the contract and then they handed us a folder, which we later found to have a contract for Marriott Reward points and nothing about the destination points. When we wanted to see whether there were any available units for trading, they said the website was not up, but when I got home it was up. BUYER BEWARE