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On the surface, it appears they are trying to control what weeks get deposited and/or make better use of their bulk deposits. They have no legal standing to do so with respect to non-SVN weeks.
Assuming that II will continue accepting Starwood owner deposits, Starwood has no right to select the non-SVN week that gets deposited (try as they may).
Ken
I don't see that Starwood is keeping you from reserving any week you choose depending on availability. Any exchange company can refuse to accept your week for exchange including II. If Starwood and II have an agreement that any Starwood resort deposits are chosen by Starwood, what week was originally reserved for that unit is immaterial. That is up to II not you as an exchanger. You can take your business elsewhere.
I believe at this point Starwood is trying to control all deposits into II. As long as II goes along with this, there is nothing any owner SVN or Non-SVN can do. If Starwood has leveled the field by assigning set exchange values to all weeks within a season then everyone should be happy. No more hassle about reserving a prime week. But, that is the big question mark. Do all weeks in a season (or whatever it is called) get exactly the same trade power. We don't know.
Ken
I don't see that Starwood is keeping you from reserving any week you choose depending on availability. Any exchange company can refuse to accept your week for exchange including II.
Has anyone experienced another exchange company refusing a good or excellent week at a Starwood resort? I haven't used any except II (though I do have a SFX account) so can't speak to this point, other than to express surprise that it would happen.
If Starwood and II have an agreement that any Starwood resort deposits are chosen by Starwood, what week was originally reserved for that unit is immaterial. That is up to II not you as an exchanger. You can take your business elsewhere.
Well, I haven't reviewed my agreement with II. I have a personal account as well as corporate like many of you, and it's my understanding II accepts what my deeded right allows me to reserve at my resort. If II has a special understanding with SVN that supercedes my II membership capability, then if this affected me I may stop using them. In my particular case I have fixed weeks which do not appear to be affected by this change, as of yet and to my knowledge (but who knows when that will also change).
I believe at this point Starwood is trying to control all deposits into II. As long as II goes along with this, there is nothing any owner SVN or Non-SVN can do.
If Starwood has leveled the field by assigning set exchange values to all weeks within a season then everyone should be happy. No more hassle about reserving a prime week. But, that is the big question mark. Do all weeks in a season (or whatever it is called) get exactly the same trade power. We don't know.
I believe at this point Starwood is trying to control all deposits into II. As long as II goes along with this, there is nothing any owner SVN or Non-SVN can do.
Because to request with a Starwood managed resort, owners now must call Starwood and they are given a "generic" week to use for their request. If an exchange is made, Starwood then gives II a week. Which week we don't know & have no control over.
When an owner wants to deposit, they also must call Starwood to do so. Again what week is sent to II by Starwood is in their control not the owner's. We are no longer required to reserve a specific week when dealing with II. I am referring to Non-SVN owners only here. So what I see in this new system is that Starwood has complete control of all deposits to II.
SFX and TPI and HTSE and all the other independent exchange companies accept Starwood deposits. SFX is the only one I know of that has restrictions as to which weeks they will accept.
Because to request with a Starwood managed resort, owners now must call Starwood and they are given a "generic" week to use for their request. If an exchange is made, Starwood then gives II a week. Which week we don't know & have no control over.
When an owner wants to deposit, they also must call Starwood to do so. Again what week is sent to II by Starwood is in their control not the owner's. We are no longer required to reserve a specific week when dealing with II. I am referring to Non-SVN owners only here. So what I see in this new system is that Starwood has complete control of all deposits to II.
SFX and TPI and HTSE and all the other independent exchange companies accept Starwood deposits. SFX is the only one I know of that has restrictions as to which weeks they will accept.
Sorry, once again I was not clear. My comment was directed to your statement that "As long as II goes along with this, there is nothing any owner SVN or Non-SVN can do." In fact, I believe there are actions available to owners, but of course anything should wait until the dust settles a bit, in my opinion.
Okay, Ken, I guess I agree with you. Starwood doesn't legally have any right to control what week we non-network owners deposit when exchanging. However, Interval does have the discretion of what they will accept from exchangers. Other companies do this. SFX comes to mind. We have no control over the rules that II sets except to take our exchange to another company and cancel our membership with II.
As this new Starwood system begins to become more clear (at least with what we think we know so far) it is not as bad as I first thought. The fixed week owners are having big problems but also have much firmer ground to make demands from II and Starwood than I do with my float weeks
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