No. Nothing to do with Star Options. SPG points convert to 3 in the new points system. Marriott points go straight across as 1:1. It was covered in the session. When you opt for starpoints conversion from your Vistana time, you get your 1 SPG point to become 3 points in the new system.
There is no more "Marriott" points. They have not named the new program yet. Right now the new program is simply called "points".
The part that all of us should be very concerned is that it appears that there will be major devaluation of the points system again. See below.
I have been converting all my timeshare every other year into Starpoints and MRPs. Unless Vistana and MVC both increase the points conversion, I will never convert my timeshare into hotel points ever again.
Free Night Award Chart
Category Standard Effective August / Off-Peak Coming 2019 / Peak Coming 2019
1 7,500 5,000 10,000
2 12,500 10,000 15,000
3 17,500 15,000 20,000
4 25,000 20,000 30,000
5 35,000 30,000 40,000
6 50,000 40,000 60,000
7 60,000 50,000 70,000
8 Coming 2019 85,000 70,000 100,000