Another [DC Trust Points] price increase on 9/11/14

taffy19 · Aug 26, 2014

I was trying to find the web page again where the re-sale timeshares are offered that are for sale by owners but are handled through the Marriott resale office. That page is hard to find but I found this instead. There was also a notice on the first page too that the purchase price of trust points will soon go up again.

If trust points keep on going up, will this not make the weeks we own more valuable eventually or even go lower yet?

Fasttr · Aug 26, 2014

HERE is the site you were initially seeking.

taffy19 · Aug 26, 2014

Fasttr said:
HERE is the site you were initially seeking.

Thank you. They offer still the same prices as they did when the DC started up.

presley · Aug 26, 2014

iconnections said:
If trust points keep on going up, will this not make the weeks we own more valuable eventually or even go lower yet?

It's hard to say, but for me personally, the resale weeks will be more valuable.

vacationtime1 · Aug 26, 2014

To be clear, it is the price of DC points that threatens to increase on September 11. The current stated price is $12.12/point.

I recently received a solicitation from Marriott Resales to sell one of my Waiohai deeded weeks; the proposed listing price is consistent with the web page linked above. There is no mention of any price increases for resale weeks as of September 11 or any other date.

Buying and using a resale week at Waiohai (even one bought through Marriott Resales) would cost about half as much as buying enough DC points to reserve the same week. Which is why I agree with presley that the price of weeks is likely to hold up well.

taffy19 · Aug 26, 2014

vacationtime1 said:
To be clear, it is the price of DC points that threatens to increase on September 11. The current stated price is $12.12/point.

I recently received a solicitation from Marriott Resales to sell one of my Waiohai deeded weeks; the proposed listing price is consistent with the web page linked above. There is no mention of any price increases for resale weeks as of September 11 or any other date.

Buying and using a resale week at Waiohai (even one bought through Marriott Resales) would cost about half as much as buying enough DC points to reserve the same week. Which is why I agree with presley that the price of weeks is likely to hold up well.

Since the price of points are going up, I was curious if Marriott is listing the existing Legacy weeks higher now or not? They have to become good value even through the Marriott but the problem is that almost every week that is sold today, Marriott has the right to buy it back.

I believe that they are using a formula so they will not only put the better weeks in the trust as that would hurt legacy week owners to get the desired weeks in the season they own and, if they buy dirt cheap timeshare condos, they can sell them for the same price per point so make more money.

My concern is that, when the points keep going up in price, Marriott will lower the listing prices because new buyers are willing to pay a certain amount to go on a vacation and there is a limit that they will spend, IMO.

vacationhopeful · Aug 26, 2014

Great date - from the idiots in marketing. :doh:

GreenTea · Aug 26, 2014

vacationhopeful said:
Great date - from the idiots in marketing.

Last year a Virginia nuclear power plant decided to test their emergency siren systems on 9/11. But have no fear....they sent out a tweet that morning alerting that it was just a test. Because EVERYONE reads Twitter hourly.

SueDonJ · Sep 6, 2014

<Bump.>

This price increase is less than a week away.

SueDonJ · Sep 10, 2014

<Bump> Current DC Points pricing ends today and new pricing begins tomorrow.

This is the my-vacationclub.com that page Emmy linked in the first post in this thread: Pricing Information and Vacation Examples Note the lower left corner, "Current pricing expires September 10."

bw3 · Sep 10, 2014

Points maintenance fee

Any news on the maintence fee per point? What is the current fee?

Fasttr · Sep 10, 2014

bw3 said:
Any news on the maintence fee per point? What is the current fee?

Current = $0.45 per point

Proposed for 2015 = $0.475 per point.

SueDonJ · Sep 10, 2014

bw3 said:
Any news on the maintence fee per point? What is the current fee?

Fasttr said:
Current = $0.45 per point

Proposed for 2015 = $0.475 per point.

Historically DC MF's haven't increased on the same days that price increases are implemented, and I think that's what we should continue to expect: purchase prices can be reviewed/changed anytime, MF's will be reviewed once a year as the DC budgets are proposed/approved.

Fasttr · Sep 11, 2014

And the new rack rate per point is.......

$12.24 per point.

Up 12 cents from the last price.

SueDonJ · Sep 11, 2014

Fasttr said:
And the new rack rate per point is.......

$12.24 per point.

Up 12 cents from the last price.

Thanks, Fasttr, the FAQ is being updated. Here again is the marriottvacationclub.com link: Pricing Information & Vacation Examples

*Before the info disappears from the FAQ, and for historical perspective, the previous $12.12/point price was set on 6/20/14.

live4life · Sep 11, 2014

I don't get the logic of purchasing DC points today... as some of you know I'm a former (recovering :hi:

) DC owner... Why spend 42k on 3500 points? AS a newbie, I HAD NO IDEA when they rolled the program out and frankly did not trust the re-sale division of Marriott and on the Web. Of course, since then, I've purchased a few.

Even if you purchase re-sale from them, you're still ahead... With point prices shifting upward and the MFs not mirroring some of the PLAT weeks that can be had, how can this program sustain itself before it implodes?

GaryDouglas · Sep 11, 2014

live4life said:
With point prices shifting upward and the MFs not mirroring some of the PLAT weeks that can be had, how can this program sustain itself before it implodes?

I think Marriott relies on a continual source of new meat...

dioxide45 · Sep 11, 2014

SueDonJ said:
Thanks, Fasttr, the FAQ is being updated. Here again is the marriottvacationclub.com link: Pricing Information & Vacation Examples

*Before the info disappears from the FAQ, and for historical perspective, the previous $12.12/point price was set on 6/20/14.

So do we have anywhere or can compile a history of price changes? We seem to only have the last two. Can we fill in the blanks?

06/20/2010 -
...
...
...
06/20/2014 - $12.12
09/11/2014 - $12.24

Fasttr · Sep 11, 2014

dioxide45 said:
So do we have anywhere or can compile a history of price changes? We seem to only have the last two. Can we fill in the blanks?

06/20/2010 -
...
...
...
06/20/2014 - $12.12
09/11/2014 - $12.24

Looking back at previous threads on the topic, here is a partial list that I came up with.

June 2010 - $9.20
Can't find anything on the sequence between these numbers
Sept 2012 - $11.64
March 2013- $11.88
Sept 2013 - $11.96
Trigger date? - $12.02
June 2014 - $12.12
Sept 2014 - $12.24

jpa2825 · Sep 12, 2014

Here is what we were given in APR 2014 during our pitch.

SueDonJ · Sep 12, 2014

jpa2825 said:
Here is what we were given in APR 2014 during our pitch.

Nice! Do you have any objections to this being linked in the Points FAQ?

GregT · Sep 12, 2014

jpa2825 said:
Here is what we were given in APR 2014 during our pitch.

Wow -- I wish I had a graph that showed the resale value of points from 2010 to 2014.......

Probably $6/point in 2011, down to $3/point today.....

That's an annual loss of ~20% per year? (and more like an average of 33% per year if you also include the retail-to-resale drop from $10 down to $3 per point) :clap:

Maybe Marriott will add that graph to their sales pitch. :doh:

Another [DC Trust Points] price increase on 9/11/14

taffy19

Fasttr

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taffy19

presley

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vacationtime1

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bw3

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live4life

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