- Joined
- Mar 10, 2007
- Messages
- 6,792
- Reaction score
- 317
- Points
- 518
- Location
- 'burbs of Cincinnati, OH
- Resorts Owned
- Used to own: WKORV-N; SVV - Bella
Haven't owned a TS in a long time, but every time I think about maybe getting one, I read threads like this one that dissuade me from doing it. Both Marriott and Starwood/Vistana complicated their own product by switching from deeded weeks to points mid-stream, which only muddied the water. They further complicated their own product by assigning "points" based on something OTHER than supply and demand. In short: If a 2 bdrm ocean front resort in Hawaii can command $3000 in rent, while a 2 bdrm pool view resort in Orlando can only command $1500, then the former should be assigned 2x the points. End of story. (I've owned in both places.)
When they pulled shenanigans like they did at WLR, and increased SOs in order to increase sales, IMO they ruined their own points system. Because no one wants to exchange into a resort using points, if what they pay in MFs exceeds rental rates.
Had they based points on supply and demand and stuck to that method, then no one would have to get a stomachache thinking that they made a terrible mistake in buying, and no one would have worry that MVC is going to greatly devalue their resort. So my advice to them, as if they want it, is to base points on something everyone understands and that is the good old US$.
When they pulled shenanigans like they did at WLR, and increased SOs in order to increase sales, IMO they ruined their own points system. Because no one wants to exchange into a resort using points, if what they pay in MFs exceeds rental rates.
Had they based points on supply and demand and stuck to that method, then no one would have to get a stomachache thinking that they made a terrible mistake in buying, and no one would have worry that MVC is going to greatly devalue their resort. So my advice to them, as if they want it, is to base points on something everyone understands and that is the good old US$.