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Forgot to Bank StarOptions

aeroflygirl

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Well, the date has passed for banking my StarOptions, and I forgot to do it. What is the best use of them? Should I pick some dates, make reservations & try to find a renter?
 

LisaRex

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Yes, I think that's your only option. [Specifics deleted.]

It would be really nice if there was a way for Tuggers to advertise that they had x number of SOs left, so that they could try and match up with folks who'd like to rent a day or two at any Starwood resort -- say for a weekend stay or to piggyback onto an existing weekly reservation. (This assumes renting SOs are okay, which is another topic.)

I know the Hawaii board regularly has a people asking for advice on where to stay for a night or two until their timeshare check-in or after their timeshare check-out. It'd be nice to be able to direct them to the Tug Marketplace to see if anyone has leftover SOs that they could try and book a studio or 1 bdrm at WKORV as an alternative to staying at the CourtYard. I know I'd take advantage of such a thing, provided the price was reasonable.

I know reservations would be limited to 90 days out, and peak periods might be hard to fulfill, but it'd rather try that than letting them go unused. I know some people rent 2 or 3 days on Redweek, but that's an expensive proposition because ads are $65 and I wouldn't be asking more than a $100 a night for a studio.

Unfortunately, I don't think that the current Marketplace has capacity to market unused SOs. I think they're only for specific resorts. But it'd be a great thing to have. (Hi Tug Brian!)
 
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DeniseM

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If you are a Redweek member, a rental Ad is only $25.

You can certainly advertise the Staroptions in the TUG Marketplace. You just choose the points option in the rental template.

Since points rentals are specifically prohibited on the Last Minute Rentals forum, I don't believe that TUG would consider allowing Staroption rentals in the discussion forums.

Inventory is low for the rest of the year, so the best option to to book a short-stay as soon as possible, for a popular weekend, and advertise it widely.
 
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LisaRex

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You can certainly advertise the Staroptions in the TUG Marketplace. You just choose the points option in the rental template.

Interesting. I've poked around in the ad section quite a bit and don't remember that option. Of course, renting or selling SOs is prohibited by Starwood (and technically renting an SO reservation is prohibited as well) so maybe this is a door best left closed.
 
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DeniseM

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After the window where you choose whether is it for sale, rent, or trade, the next window has the following choices, and Starwood is on the drop down menu. But honestly, I think reserving a prime weekend will get it rented faster.

Please choose the ad type you are listing
(choose only one)

Fixed
Beginning in the Year

Floating
Beginning in the Year

Points
Number of Points
Program Name
 

SMHarman

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Well, the date has passed for banking my StarOptions, and I forgot to do it. What is the best use of them? Should I pick some dates, make reservations & try to find a renter?

I have a recurring calendar invite in my outlook and gmail calendars on 9am on June 15 that reads 'Bank StarOptions'. This might be something to consider going forward.
 

Free2Roam

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Well, the date has passed for banking my StarOptions, and I forgot to do it. What is the best use of them? Should I pick some dates, make reservations & try to find a renter?

If it's all your options for a week (rather than leftover points) you should be able to deposit to II. We had a week booked that didn't use all options but (fortunately) forgot to bank the rest. We ended up having to cancel the reservation and since we still had the leftovers we were able to deposit to II.
 
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