- Joined
- Jun 6, 2005
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- Resorts Owned
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Marriott:
Maui Ocean Club
Waiohai Beach Club
Barony Beach Club
Abound ClubPoints
HGVC:
HGVC at Sea World
true, I did not think at this possibility. At the same time, we do not know if they are not already comfortable with what they own in order to cover their rental side of business. Owners paying MF with points on the other hand may bring a lot of inventory in cycles they do not control, hard to foresee and they may or may not be able to rent the extra units they have.
This practice would also probably exacerbate at the worst time of the economic cycle. It is not hard to imagine that owners would tend to do it more during recessions but those would be exactly the worst times to have extra inventory to rent since the hotel occupancy rate and prices tend to decline significantly.
Yep, all good points. I believe MVC does still have a rental program for weeks owners, where you can give your week to them and they rent it and share part of the proceeds with the owner. It would probably make more sense to extend that to Vistana weeks rather than paying with Points, since they can elect NOT to take a week for rental at their option. That would mean less revenue for MVW (since they have to share), but could protect them a bit from getting un-rentable inventory. An option to use points to pay the fee would likely have to be at owner option, and as you say, subject MVW to getting stuff they don't want/need.