As always, a really helpful insight. Thank you Jeremy. I will just add that with Club Fees increasing again, for enrolled owners of Spanish MVC resorts the Club Fees relating to these will still be subject to the additional cost of Spain VAT.
Thank you for taking the time to produce the video. One suggestion, it is hard to listen to your videos because you pause so often between words. It was very hard for me to concentrate on what you were saying with all the pauses. I really appreciate the info just hard to follow.
Thanks for the video update. As a MVC Chairman level, it appears that the hype isn't living up to reality. It is looking more and more like I'll be paying more in Club membership fees for little in return. Granted, it's not a lot more but still. Vistana and Sheraton don't have a lot of properties and Interval, from my perspective provides little to no value. Am I wrong? I welcome your comments.
Thanks for watching! For Marriott owners, not a whole lot is changing except some new resorts, a slightly higher Club Fee and an adjustment to the banking deadline. I think for Chairman's it will be October 31st instead of August 31st. There are really only a few Vistana properties that don't overlap with Marriott locations, those really just being Cancun and St John USVI. There are however some incredible properties in places that have Marriott Vacation Club resorts that are worth checking out. The Westin Kierland Villas is definitely a step above the Marriott Canyon VIllas property. As for Interval International, so much depends on how you use it. If you only own MVC Trust Points, it isn't great, but if you own weeks, you can get far better value from Interval International than from booking points direct. We own two Marriott lock off weeks that elect for about 4,150 Club Points but we exchange into enough resorts every year that would require over 10,000 points. Interval International is also great for Getaway stays if you can travel in the shoulder/off season.
@@DestinationTimeshare The Westin Cabo property is pretty nice. It will be nice to have that option available. We went there in April. We like the flexibility of traveling midweek as airfare is better priced. Interval International properties do not afford that unless something has changed. Am I incorrect?
I did make a separate video discussing the recent modifications related to guest name change on a Marriott Vacation Club reservation; th-cam.com/video/Wt6l1wRz-sU/w-d-xo.html Realize that what the rules are and what people do can be two different things.
Based on the video you commented on, I suspect you own Marriott Vacation Club weeks? If so, in order to participate in Abound you must enroll your weeks (if purchased prior to June 2010). You can enroll for free if you live in the USA. When you enroll you are then required to pay the Club Fee of $230+. If you don’t enroll, then you would not pay this fee. Thanks for watching!
Despite what sales may have said, as far as we know, at a corporate level integrating Hyatt with Marriott was never in the plan. Marriott Vacations Worldwide corporate executives have stated several times that Hyatt integration was not going to happen. Mainly due to the licensing agreement between ILG and Hyatt. Does Hyatt really want Marriott Vacations to be selling Marriott to Hyatt owners that would end up being put into Marriott Bonvoy, a competing product to World of Hyatt hotel loyalty program? I don't think we will ever see a day that Marriott Abound members can use Club Points to book Hyatt Residence Club or even Hyatt Vacation Club resorts.
Jeremy thank you for the video. As you are an expert on the Subject, may I ask: I'm a Marriott Vacation Owner and Vistana Owner as well. With MVC, I found I needed an individual account of Interval International (which cost 2xx usd for 3 years) and that I was not enrolled at the destination program (now abound) (which I would need to enroll for usd 6xx plus the annual club fee). I can only afford one or the other, and to be honest Interval seems cheaper but has all those transactions specific fees. I guess my question is, which do you think is preferable to have: Interval or Abound?
For Marriott, what exactly do you own and when did you purchase it? The same for Vistana? You may be able to enroll your Marriott weeks for free by watching a webinar as long as they were purchased prior to June 2010.
@@DestinationTimeshare I own it since 1997! I watched the webinar but it applies only for US residents... I find it quite unfair to be honest. That I have to pay USD600+ only because I don't reside in the US. 😠
@@DestinationTimeshare Hi again Jeremy. I just wanted to let you know, that I purased your MVC Made Easy. i was sooo confused with everything that it looked very appealing. Hope I can learn everything you know and get the best use of my MVC. Thank you for taking the time to do this course.
Thanks. I just saw your enrollment in MVC Made Easy. As to the Marriott enrollment fee, it does stink that it is only free for US residents. Depending on what you own with Vistana, it might still make sense to pay the enrollment fee at some point in order to bring it all together. A lot depends on how you use your ownership; if you stay at your home resort, or if you exchange a lot through Interval International. There is a lot of information on the course about using points and getting the most out of owning weeks. Let me know if you have any other questions and you can also contact me through the course.
Regarding your comment at 2:58 about no additional cost… Does this apply to resale purchases as well? A resort sales manager said the cost to upgrade from MVC to Abound for a resale is an arm and a leg. They also said resale also restricts MVC points to Marriott properties versus all other properties on the VSN. We signed yesterday at Westin Maui (2000 CP) but your video is making me reconsider.
Thanks for watching. I don't know if you own Marriott or Vistana. This video is specific to Marriott owners. I do have another video for Vistana owners if you own Vistana (Westin/Sheraton); th-cam.com/video/iU4wYw89bfE/w-d-xo.html If you own Vistana and your week (or Flex points) are in VSN and you have access to use StarOptions for Vistana reservations, there is no cost to utilize Abound and access the new set of additional Marriott Vacation Club properties. You would not need to buy more for this, despite what sales may tell you. You are automatically enrolled in Abound and can now start electing Abound Club Points online on Vistana.com and making Club Point reservations at any of the 90+ properties. If you own Marriott points or have enrolled Marriott weeks, then there again is no additional cost to be able to access the Westin and Sheraton properties using Marriott Vacation Club Points.
I should add, for Vistana ownership, the above applies for resale owners and direct. But it can be complicated depending on exactly what you own. If you can indicate when you own, it may help me provide some more specific details. You can also contact me through my Facebook page (messenger) if you don't want to share such details in these comments; facebook.com/DestinationTimeshare/
@@DestinationTimeshare We just purchased Abound from Westin Maui yesterday. However when I asked about possibly going the resale route to purchase MVC or even VSN they mentioned that resale members don’t have access to the full network of Marriott, Sheraton and Westin properties (including Maui) and that we’d have to pay a significant cost to upgrade to Abound club points. It seemed a little far fetched but we signed anyway
Okay. That is true. THe resale I am referring to in this video are existing resale owners at the time that they launched the new program. Future resale buyers aren't able to access Abound unless they pay a significant upgrade in the future. That said, there are probably cheaper ways to get access to the program than what you bought. I don't know if you purchased Westin Flex or Marriott Abound Points, but Abound points are available on the resale market for about half of what Marriott Vacation Club sells them for and they work exactly like the Abound points that Marriott sells directly.
I bought 4000 points just a week ago. They also told me if I am not using all points I can rent it using Vrbo or AirBnB. In your videos there is no mention of that. Could you clarify if that’s possible?
Yes, it is possible to rent out points as points or make a reservation with the points and rent it on rencal sites like Airbnb or Vrbo. That said, renting isn't a guarantee and requires extra work. You said you just purchased a week ago? That might mean you are still within your legal cancellation or right of rescission period. If you are, I highly suggest you take advantage of that and cancel your contract. You only have one opportunity to do this before you are locked into the purchase. 4,000 pure Trust points probably cost close to $60,000. There are better and cheaper ways to get into the Marriott Vacation Club system. Here are a few more videos to check out. ▸ How to cancel your timeshare purchase (act fast) - th-cam.com/video/bMHnUuQMBQ0/w-d-xo.html ▸ YOU NEED TO KNOW THIS Before You Buy Marriott Vacation Club Points! - th-cam.com/video/byUhYiHJcPE/w-d-xo.html ▸ THE GOOD & THE BAD of Marriott Vacation Club Points - th-cam.com/video/qz1Cn_RMRtw/w-d-xo.html
@@maheshmoturu736 Make sure you follow the instructions in your contract on how to cancel. This will usually require mailing your rescission letter via postal mail.
As always, a really helpful insight. Thank you Jeremy. I will just add that with Club Fees increasing again, for enrolled owners of Spanish MVC resorts the Club Fees relating to these will still be subject to the additional cost of Spain VAT.
Definitely something that is good to point out. I often forget about those things over on this side of the pond... Thanks for watching.
I'm a Vistana owner but enjoyed this video. Thanks as always. Looking forward to the next video.
Working on the video for Vistana owners now. Thanks for watching!
Thank you for the update. This was very helpful.
Thanks for watching!
Thank you for taking the time to produce the video. One suggestion, it is hard to listen to your videos because you pause so often between words. It was very hard for me to concentrate on what you were saying with all the pauses. I really appreciate the info just hard to follow.
Sorry about that.
Thank you for this useful info
Thanks for watching!
Thanks for the insights!
My pleasure! Thanks so much for checkin out the video during early access for Channel Members!
Thanks for the video update. As a MVC Chairman level, it appears that the hype isn't living up to reality. It is looking more and more like I'll be paying more in Club membership fees for little in return. Granted, it's not a lot more but still. Vistana and Sheraton don't have a lot of properties and Interval, from my perspective provides little to no value. Am I wrong? I welcome your comments.
Thanks for watching! For Marriott owners, not a whole lot is changing except some new resorts, a slightly higher Club Fee and an adjustment to the banking deadline. I think for Chairman's it will be October 31st instead of August 31st.
There are really only a few Vistana properties that don't overlap with Marriott locations, those really just being Cancun and St John USVI. There are however some incredible properties in places that have Marriott Vacation Club resorts that are worth checking out. The Westin Kierland Villas is definitely a step above the Marriott Canyon VIllas property.
As for Interval International, so much depends on how you use it. If you only own MVC Trust Points, it isn't great, but if you own weeks, you can get far better value from Interval International than from booking points direct. We own two Marriott lock off weeks that elect for about 4,150 Club Points but we exchange into enough resorts every year that would require over 10,000 points.
Interval International is also great for Getaway stays if you can travel in the shoulder/off season.
@@DestinationTimeshare The Westin Cabo property is pretty nice. It will be nice to have that option available. We went there in April. We like the flexibility of traveling midweek as airfare is better priced. Interval International properties do not afford that unless something has changed. Am I incorrect?
Can you rent out Reservations on Redweek using Destinations/Abound Points
I did make a separate video discussing the recent modifications related to guest name change on a Marriott Vacation Club reservation; th-cam.com/video/Wt6l1wRz-sU/w-d-xo.html
Realize that what the rules are and what people do can be two different things.
Hi Jeremy thank you for all your videos! Is there a cost to join MVC club points $230? If I don’t opt in payment is not necessary, correct ?
Based on the video you commented on, I suspect you own Marriott Vacation Club weeks? If so, in order to participate in Abound you must enroll your weeks (if purchased prior to June 2010). You can enroll for free if you live in the USA. When you enroll you are then required to pay the Club Fee of $230+. If you don’t enroll, then you would not pay this fee. Thanks for watching!
Whatever happened to Hyatt timeshares being a part of Marriott timeshare?
Despite what sales may have said, as far as we know, at a corporate level integrating Hyatt with Marriott was never in the plan. Marriott Vacations Worldwide corporate executives have stated several times that Hyatt integration was not going to happen. Mainly due to the licensing agreement between ILG and Hyatt. Does Hyatt really want Marriott Vacations to be selling Marriott to Hyatt owners that would end up being put into Marriott Bonvoy, a competing product to World of Hyatt hotel loyalty program? I don't think we will ever see a day that Marriott Abound members can use Club Points to book Hyatt Residence Club or even Hyatt Vacation Club resorts.
Jeremy thank you for the video. As you are an expert on the Subject, may I ask: I'm a Marriott Vacation Owner and Vistana Owner as well. With MVC, I found I needed an individual account of Interval International (which cost 2xx usd for 3 years) and that I was not enrolled at the destination program (now abound) (which I would need to enroll for usd 6xx plus the annual club fee). I can only afford one or the other, and to be honest Interval seems cheaper but has all those transactions specific fees. I guess my question is, which do you think is preferable to have: Interval or Abound?
For Marriott, what exactly do you own and when did you purchase it? The same for Vistana? You may be able to enroll your Marriott weeks for free by watching a webinar as long as they were purchased prior to June 2010.
@@DestinationTimeshare I own it since 1997! I watched the webinar but it applies only for US residents... I find it quite unfair to be honest. That I have to pay USD600+ only because I don't reside in the US. 😠
@@DestinationTimeshare Hi again Jeremy. I just wanted to let you know, that I purased your MVC Made Easy. i was sooo confused with everything that it looked very appealing. Hope I can learn everything you know and get the best use of my MVC. Thank you for taking the time to do this course.
Thanks. I just saw your enrollment in MVC Made Easy. As to the Marriott enrollment fee, it does stink that it is only free for US residents. Depending on what you own with Vistana, it might still make sense to pay the enrollment fee at some point in order to bring it all together. A lot depends on how you use your ownership; if you stay at your home resort, or if you exchange a lot through Interval International. There is a lot of information on the course about using points and getting the most out of owning weeks. Let me know if you have any other questions and you can also contact me through the course.
Regarding your comment at 2:58 about no additional cost… Does this apply to resale purchases as well? A resort sales manager said the cost to upgrade from MVC to Abound for a resale is an arm and a leg. They also said resale also restricts MVC points to Marriott properties versus all other properties on the VSN. We signed yesterday at Westin Maui (2000 CP) but your video is making me reconsider.
Thanks for watching. I don't know if you own Marriott or Vistana. This video is specific to Marriott owners. I do have another video for Vistana owners if you own Vistana (Westin/Sheraton); th-cam.com/video/iU4wYw89bfE/w-d-xo.html
If you own Vistana and your week (or Flex points) are in VSN and you have access to use StarOptions for Vistana reservations, there is no cost to utilize Abound and access the new set of additional Marriott Vacation Club properties. You would not need to buy more for this, despite what sales may tell you. You are automatically enrolled in Abound and can now start electing Abound Club Points online on Vistana.com and making Club Point reservations at any of the 90+ properties.
If you own Marriott points or have enrolled Marriott weeks, then there again is no additional cost to be able to access the Westin and Sheraton properties using Marriott Vacation Club Points.
I should add, for Vistana ownership, the above applies for resale owners and direct. But it can be complicated depending on exactly what you own. If you can indicate when you own, it may help me provide some more specific details. You can also contact me through my Facebook page (messenger) if you don't want to share such details in these comments; facebook.com/DestinationTimeshare/
@@DestinationTimeshare We just purchased Abound from Westin Maui yesterday. However when I asked about possibly going the resale route to purchase MVC or even VSN they mentioned that resale members don’t have access to the full network of Marriott, Sheraton and Westin properties (including Maui) and that we’d have to pay a significant cost to upgrade to Abound club points. It seemed a little far fetched but we signed anyway
Okay. That is true. THe resale I am referring to in this video are existing resale owners at the time that they launched the new program. Future resale buyers aren't able to access Abound unless they pay a significant upgrade in the future.
That said, there are probably cheaper ways to get access to the program than what you bought. I don't know if you purchased Westin Flex or Marriott Abound Points, but Abound points are available on the resale market for about half of what Marriott Vacation Club sells them for and they work exactly like the Abound points that Marriott sells directly.
@@DestinationTimeshare I tried sending a message on Facebook but it’s not working
I bought 4000 points just a week ago. They also told me if I am not using all points I can rent it using Vrbo or AirBnB. In your videos there is no mention of that. Could you clarify if that’s possible?
Yes, it is possible to rent out points as points or make a reservation with the points and rent it on rencal sites like Airbnb or Vrbo. That said, renting isn't a guarantee and requires extra work.
You said you just purchased a week ago? That might mean you are still within your legal cancellation or right of rescission period. If you are, I highly suggest you take advantage of that and cancel your contract. You only have one opportunity to do this before you are locked into the purchase. 4,000 pure Trust points probably cost close to $60,000. There are better and cheaper ways to get into the Marriott Vacation Club system. Here are a few more videos to check out.
▸ How to cancel your timeshare purchase (act fast) - th-cam.com/video/bMHnUuQMBQ0/w-d-xo.html
▸ YOU NEED TO KNOW THIS Before You Buy Marriott Vacation Club Points! - th-cam.com/video/byUhYiHJcPE/w-d-xo.html
▸ THE GOOD & THE BAD of Marriott Vacation Club Points - th-cam.com/video/qz1Cn_RMRtw/w-d-xo.html
@@DestinationTimeshare really appreciate your response. Last night I put in a request for canceling my purchase.
@@maheshmoturu736 Make sure you follow the instructions in your contract on how to cancel. This will usually require mailing your rescission letter via postal mail.
@@DestinationTimeshare Yes. They gave mail or email options. We did both. Thank you.