I recently purchased my first Marriott and I am thrilled with it. I have a ton of experience owning point systems such as RCI Points, WorldMark, Bluegreen and Fairfield. I love them all and I have received a ton of great reservations and exchanges with them.
Now, I am trying to create my own perfect Marriott portfolio. I was wondering how you have created yours so that I can get some great ideas for creating mine.
Here's how I am thinking about my Marriott portfolio. Please feel free to indicate how you think about yours. These are just my initial thoughts. I'm interested in learning how others prioritize theirs.
Since I have a lot of experience with points, I have learned how to use them for very inexpensive trades. So, I don't think I need a Marriott for exchanging outside of MVCI (I think). For instance, WorldMark has decent trading power and the MF are really cheap. So, it's a very cost effective trader. Are there higher end external trades that only certain Marriott's can see that I should consider?
I bought a cheap Bronze Summit Watch to use for Flexchange purposes for other Marriott's. This is actually what prompted me to get into Marriott. That is working great so far. So, I use a Marriott Bronze week to use for Flexchange opportunities for Marriott resorts that my other point systems cannot see in the 3-day Marriott priority period.
Also, there are a lot of Marriott timeshares that pop up on Interval International. The Florida resorts always seem to be available for exchanging. For those high supply resorts, I use other timeshares to exchange into Marriott's. That's how I've done it in the past. It's very cost effective doing that. The only problem with this is that you can't ensure a great view. But, you tend to get great cost.
I also use renting Marriott's from owners. Last New Year's, I rented a 2 bedroom Ocean Front unit at Ocean Pointe from an owner. That was my best Marriott stay ever. I rented it for $500. So, it's hard to beat that.
So now, to complete my Marriott portfolio, I need to consider purchasing some other Marriott's. It does make sense to buy where you want to stay. But, I haven't been to enough Marriott's to know where I want to stay. So, I think my next Marriott needs to be a Marriott to Marriott trader. A platinum Branson comes to mind since it has relatively low MF, decent internal trading power (I think) and low purchase price.
As I fall in love with various resorts, I think I'll consider buying specific units at those resorts. I love Oceanfront locations. I would love owning a 2 bedroom Oceanfront at Ocean Pointe. That's an example of what I mean.
So, that's my concept for a Marriott portfolio. What's yours?
Now, I am trying to create my own perfect Marriott portfolio. I was wondering how you have created yours so that I can get some great ideas for creating mine.
Here's how I am thinking about my Marriott portfolio. Please feel free to indicate how you think about yours. These are just my initial thoughts. I'm interested in learning how others prioritize theirs.
Since I have a lot of experience with points, I have learned how to use them for very inexpensive trades. So, I don't think I need a Marriott for exchanging outside of MVCI (I think). For instance, WorldMark has decent trading power and the MF are really cheap. So, it's a very cost effective trader. Are there higher end external trades that only certain Marriott's can see that I should consider?
I bought a cheap Bronze Summit Watch to use for Flexchange purposes for other Marriott's. This is actually what prompted me to get into Marriott. That is working great so far. So, I use a Marriott Bronze week to use for Flexchange opportunities for Marriott resorts that my other point systems cannot see in the 3-day Marriott priority period.
Also, there are a lot of Marriott timeshares that pop up on Interval International. The Florida resorts always seem to be available for exchanging. For those high supply resorts, I use other timeshares to exchange into Marriott's. That's how I've done it in the past. It's very cost effective doing that. The only problem with this is that you can't ensure a great view. But, you tend to get great cost.
I also use renting Marriott's from owners. Last New Year's, I rented a 2 bedroom Ocean Front unit at Ocean Pointe from an owner. That was my best Marriott stay ever. I rented it for $500. So, it's hard to beat that.
So now, to complete my Marriott portfolio, I need to consider purchasing some other Marriott's. It does make sense to buy where you want to stay. But, I haven't been to enough Marriott's to know where I want to stay. So, I think my next Marriott needs to be a Marriott to Marriott trader. A platinum Branson comes to mind since it has relatively low MF, decent internal trading power (I think) and low purchase price.
As I fall in love with various resorts, I think I'll consider buying specific units at those resorts. I love Oceanfront locations. I would love owning a 2 bedroom Oceanfront at Ocean Pointe. That's an example of what I mean.
So, that's my concept for a Marriott portfolio. What's yours?
Comment