- Joined
- Dec 21, 2014
- Messages
- 9,814
- Reaction score
- 8,331
- Points
- 498
- Location
- California
- Resorts Owned
- HGVC, MVC Vistana
That was a good deal then (just under 10% of retail), but hardly what I would call "worthless". The winning bid was more than most of the prized SVV weeks go for.
I'm all for the OP rescinding. It was a bad and overpriced deal. All I'm saying is that there are some good things about Westin Flex that make it attractive for certain purposes (for me Sheraton Flex is a completely different discussion).
Okay perhaps it was hyperbole to say "next to nothing." But instantly losing more than $50k was my point.
Flex may prove itself over time, but better to wait and see.
MVC DC initially had the same concerns about inventory but owners are now stating after 9 years that they can get the inventory they want. However this was with the assistance of deeded owners enrolling their properties into the trust inventory pool. From what I can see, Flex doesn't offer deeded owners enrollment. Perhaps because SOs already exist so no value prop. MVC had no SO points program so different situation.
Perhaps they could offer flex enrollment to voluntary resale owners similar to MVC deeded weeks that can use their week or opt to enroll for the year for points in their trust program. That would increase Flex inventory. But not sure what % of Vistana owners are voluntary resale
Who knows? Perhaps MVC will change Flex completely and make it part of the DC program. That would add significant value. i.e. stay with SO program or move to Flex/DC and gain access to Flex inventory plus access to MVC inventory system. IMO, I still wouldn't give up grandfathered mandatory to do this because we own where we want to go and will rarely trade given high MF. May be good option for voluntary traders.
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