- Joined
- Jun 6, 2005
- Messages
- 14,501
- Reaction score
- 3,195
- Points
- 698
- Location
- Kansas
- Resorts Owned
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Marriott Grand Chateau
Marriott Shadow Ridge
Marriott Ocean Pointe
Marriott Destination Club Points
Hilton Grand Vacation Club Las Vegas Blvd
Grand Colorado on Peak 8
Spinnaker French Quarter Resort Branson
It's been debated about resorts allowing owners to book and bank their own weeks for exchange vs the resorts cutting a deal with exchange companies and bulk banking weeks, giving them a variety of weeks and all owners wishing to exchange having equal trade power. Yesterday this came full circle for us.
At exactly 09:00, when the reservations lines opened, we called to reserve a week at our home resort. We were caller 118 and I was on hold for 30 minutes, only to be told there was no availability.
Today I looked online and guess what, I can easily trade back into my home resort. Owners were calling not to stay at their home resort, but to reserve the highest demand weeks, just for perceived exchange power. In fact I'm sitting in that very resort typing this as an exchanger, not an owner staying on their home week.
With some of our other systems, we have points based reservations and the resorts control the inventory. They give the exchange companies a fixed amount of weeks of a certain value and the points have a fixed exchange value. I have never had an issue reserving a week at those home resorts.
Now we purchased at this resort to stay at this resort. Unfortunately, the way things are, if I'm not one of the very first callers when inventory is released, I'm out of luck. I believe I've come full circle and now understand and support bulk banking by resort management. Owners should have the best opportunity to use the highest demand weeks at their home resort, otherwise, why own there at all?
At exactly 09:00, when the reservations lines opened, we called to reserve a week at our home resort. We were caller 118 and I was on hold for 30 minutes, only to be told there was no availability.
Today I looked online and guess what, I can easily trade back into my home resort. Owners were calling not to stay at their home resort, but to reserve the highest demand weeks, just for perceived exchange power. In fact I'm sitting in that very resort typing this as an exchanger, not an owner staying on their home week.
With some of our other systems, we have points based reservations and the resorts control the inventory. They give the exchange companies a fixed amount of weeks of a certain value and the points have a fixed exchange value. I have never had an issue reserving a week at those home resorts.
Now we purchased at this resort to stay at this resort. Unfortunately, the way things are, if I'm not one of the very first callers when inventory is released, I'm out of luck. I believe I've come full circle and now understand and support bulk banking by resort management. Owners should have the best opportunity to use the highest demand weeks at their home resort, otherwise, why own there at all?
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