The Westin Desert Willow Villas, Palm Desert, The Westin Mission Hills Resort Villas, Palm Springs, Sheraton Lakeside Terrace Villas at Mountain Vista, The Westin Kanapali Ocean Resort Villas, The Westin Kanapali Ocean Resort Villas North, The Westin Princeville Ocean Resort Villas, The Westin Resort & Spa, Puerto Vallarta*. Privacy & Cookie Statement | (Reuters) - Marriott Vacations Worldwide Corp VAC.N will buy timeshare operator ILG Inc ILG.O for $4.7 billion, the companies said on Monday, grabbing the chance to merge operations and brands. Would love your thoughts, please comment. Marriot has also clarified that there will be no additional costs involved in using or becoming enrolled in the Abound program. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register. Exploring the Current Travel Map for US Citizens, Do Travel Adapters Change Voltage? Dont Be Fooled!! But it will now let Westin / Vistana book Marriott properties. Both ownerships can be combined when considering your Marriott Vacation Club owner membership level benefits. SCAM ALERT!! Use the left 2 lanes to merge onto I-4 W toward Tampa. There is one Vistana property in Myrtle Beach, SC Sheraton Broadway Plantation being added. JavaScript is disabled. Ready to redeem Marriott Bonvoy Points? Hilarious. Its exciting to think of expanding our potential vacation destinations. Abound by Marriott Vacations seems like a great way for Owners to get the most out of their vacation ownership. Laura Gustafson mentioned that the new program will be completely additive with no incremental cost to owners. Marriott Vacation Club Relish recreation and inspiration in an island paradise. The new program will be called Abound by Marriott Vacations, and is set to debut this summer. I predict we will find out when they announce whatever it is they plan on announcing. If an owner chooses to opt-out of the Abound program, many of these new rule changes will still apply, such as the new banking rules. This means that all of Vistanas assets, including its resorts and ownership contracts, will be transferred to Marriott Vacation Club. Stay tuned to the A Timeshare Broker blog to get all the latest developments. Your speculation makes sense because unlike the US treasury printing money, there is a finite amount of inventory in the entire system broken up into different pots/trusts and it is all owned by someone. Owners of Marriott Vacation Club resorts will now have access to Vistanas exchange program, and vice versa. Under the terms of the agreement, Vistana will become a wholly-owned subsidiary of Marriott Vacation Club. Using these links may provide the owner of this channel with referral incentives or affiliate commission.#MarriottVacationClub | #Vistana | #Timeshare The actual implementation of this program will be very interesting to see as it rolls out, but if youre like us youre thinking what will this cost? However, it is important to consider both the pros and cons before making a decision. You will be subject to the third partys terms and conditions and privacy policy. How to Find the Club Points Required for Vistana Properties. We wanted to personally reach out to you as a valued Vistana Signature Experiences (Vistana) Owner and SPG member to help clarify any questions you may have pertaining to your ownership. Would love your thoughts, please comment. Terms & Conditions | You are leaving a Vistana Signature Experiences, Inc. (Vistana) site and going to a third-party website. If you own any other Vistana timeshare product, owners must elect to receive Club Points for the entire ownership. Receive a welcome gift of up to 500 bonus points when you arrive for yourstay. 51,700 Star Options which gets converted into 1509 Marriott Vacation Club Point Elections. The Sheraton Vistana Resort Villas will be on the left. The Ritz-Carlton Launches an Elevated Club Experience Across Asia Pacific, Delivering a New Level of Personalized Luxury for Guests Following a successful debut in mainland China, The Ritz-Carlton Club expands its world of distinctive indulgences, curated culinary journeys and thoughtful encounters February 3, 2023 Awards & Recognition It operates 13 resorts in the United States and one in St. Thomas. That is no longer happening from what we were told. Some exciting new updates have been released by Marriott regarding their new Abound exchange program. Most Popular Time Share Resorts to Rent And No Surprise Marriott Is At the Top of the List!! Plus other exclusive Elite benefits. This is different than owning an enrolled week in MVC. Access more airline partners than ever before with more than 40 totalparticipating. Although you can accomplish booking these resorts using the new Abound program at no cost, the goal is to keep resort inventory within the Abound program. Plus, you can explore thousands more of the worlds best travel experiences. Would Vistana owners be required to buy additional Star Options in order to participate in the Mariott Abound program or can they use their existing Sheraton Vistana timeshare ? Marriott has also released points charts for the 2023 calendar year that show Marriott owners how many Club Points it will take to book at the various Vistana properties. Those who own one of the Flex points products in Vistana can exchange any number of points for thier desired unit size/season in II. At launch, travelers interested in learning morewill be able to visit a new website featuring an overview of available experiences, information on the benefits of vacation ownership, featuresof each resort, and an inspirational blog with travel tips and ideas. ORLANDO, Fla., June 16, 2022 - Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally-recognized travel brands and vacation clubs, is introducing Abound by Marriott Vacations ("Abound"), a new Owner benefit and exchange program set to debut this summer. While each resort and city property available within the Abound resort portfolio offers its own distinctive brand and sense of place, together they give travelers an abundance of experiences and access, which people value as part of their life experience. Your vacation life is about to get even better. We also have the Marriott Grande Vista and were hoping they were going to merge so we could be at a higher level in Marriott and go into the Trust program. Similar to how vacations are made available at Marriott Vacation Club resorts and properties, reservations to stay at Sheraton Vacation Club or Westin Vacation Club resorts will be available in the Abound by Marriott Vacations exchange program when an Owner of a VOI in those brands elects to receive Club Points. You will be subject to the third partys terms and conditions and privacy policy. Hi, I'm Happy Sharer and I love sharing interesting and useful knowledge with others. When a Vistana owner joins the Abound program, they will begin paying the annual Club Fee that Marriott owners pay each year (based on membership level). If one applies just a little logic its obvious that this is bogus. I predict well have a predict the 2023 merger prediction thread again, My YouTube timeshare video tours can be found at. 15,000 Club Points, or be 5 Star Elite under the current Vistana benefit levels. Now, we have some concrete details of how this new program will work, lets explore the news! Club Points will be the new name for the vacation currency that is used to book vacations for Marriott Destinations Club points owners, as well as Vistana owners who are electing to use their weeks / points in the new Abound program. Arizona Sheraton Desert Oasis, California The Westin Desert Willow Villas, Palm Desert, The Westin Mission Hills Resort Villas, Palm Springs, Colorado Sheraton Lakeside Terrace Villas at Mountain Vista, Florida Sheraton PGA Vacation Resort, Hawaii Sheraton Kauai Resort, The Westin Kaanapali Ocean Resort Villas, The Westin Kaanapali Ocean Resort Villas North, The Westin Princeville Ocean Resort Villas, South Carolina Sheraton Broadway Plantation, Mexico Cancun The Westin Lagunamar Ocean Resort, Los Cabos The Westin Los Cabos Resort Villas & Spa, Caribbean The Bahamas Harborside Resort at Atlantis, US Virgin Islands The Westin St. John Resort Villas. I am not exactly sure where it is that you are referring to? Vacation ownership contract sales increased 74% to $354 million due to the ILG merger. First Name is required. Sources: *Allied Market Research and **Deloitte https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/gen-Z-and-millennial-travel-the-wanderlust-generations.html. if you are Vistana only, at an Abound presentation, they will encourage you to buy some MVC Trust points. ILG now holds the vacation ownership businesses of Hyatt, Sheraton and Westin. For full program terms and conditions, please visit marriottbonvoy.com. Ive included a complete list below of the resorts added, as given by Marriott. Therefore if Marriott owners get access to a pot of Vistanta inventory and remove some by making reservations, the inventory in the Marriott system they abandon has to be made available the other way to Vistana owners for the transaction to balance. The merger may also lead to changes in ownership fees. The integrated system will be an Interval Points based system allowing Marriott and Vistana/Westin owners to elect points each year and then use Interval points to book varying Studio, 1-bedroom4-bedroom with any number of days for length of stay. Update: 12/1/2022. ORLANDO, Fla., June 16, 2022 Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally-recognized travel brands and vacation clubs, is introducing AboundbyMarriott Vacations (Abound), a new Owner benefit and exchange program set to debut this summer. You and many other Vistana Owners are asking these questions. Season: Platinum I was told that if you are a Marriott owner you will have the ability to transfer / trade into Westin / Vistana properties. You can access Marriott's page for Elite . Marriott Bonvoy has five elite tiers Silver, Gold, Platinum, Titanium, and Ambassador and I'd argue that Platinum status is where the benefits really start to be worthwhile. Vistana has spunoff from Starwood and operates vacation ownerships. Overall, the merger between Vistana and Marriott Vacation Club is expected to bring many benefits to owners. This may mean that Marriott Vacation Club owners can trade their week(s) or points for Westin or Sheraton properties without the use of a traditional exchange company like Interval International, and vice versa. If you own a week that also has StarOptions you can only do a traditional weekly exchange for the whole week that you own. If youre an existing or prospective Marriott timeshare owner you can get all the latest news at pertains to Marriott owners in our article here: Abound by Marriott Vacations: Owner Benefit & Exchange Program. For those who want to travel abroad, Sheraton Vacation Club also has an extensive international network. Exploring the Pros, Cons, and Benefits of Utilizing Professional Vacation Planning Services. This merger is sure to have a major impact on owners of both companies, and it is important to understand the implications of this decision. Cookie Settings | Abound by Marriott Vacations: Owner Benefit & Exchange Program, Marriott Vacation Club Ownership Benefit Levels, The Villas At Disneyland Hotel What To Expect From DVCs Newest Resort, Hilton Grand Vacations Right Of First Refusal: Resale Buyers & Sellers, Vistana Owner Benefits: Abound Membership Levels & VSN Elite Levels, How Vistana Owners Elect To Receive Abound Club Points, How Vistana Signature Network Escapes Work, How Trading Vistana Timeshares With Interval International Works, Requalifying A Vistana Resale Purchase: Get Full Retail Benefits With Resales, exchange fees for Marriott, Westin or Sheraton properties. Many owners have attended sales presentations since Abound has been announced, and they have been recording the number of Club Points the sales agents have been quoting them for their existing ownerships. Email address is required. Thanks. Additionally, owners of Vistana resorts will now have access to a points-based ownership system. The merger will also provide owners with increased flexibility when it comes to booking vacations. Destination Escapes for March Have Posted Tahoe Anyone? As we mentioned before, eligible owners will be automatically opted-in to the Abound Program. Marriott Vacation Club International and the programs and products provided under the Marriott Vacation Club, Sheraton Vacation Club, and Westin Vacation Club brands are not owned, developed, or sold by Marriott International, Inc. Marriott Vacation Club International uses the Marriott marks under license from Marriott International, Inc. and its affiliates. Separate toll-free number for reservations and customer service. Size: 2 Bed Your email address will not be published. The merger between Vistana and Marriott Vacation Club is expected to bring a number of benefits to owners. (Note: Is this article not meeting your expectations? These recently released documents do not mention all Sheraton Vistana and Westin resorts, but we may see additional agreements in the future for the remaining resorts that will use a similar agreement to become fully integrated with the Marriott Vacation Club Destinations Exchange Program. But it will not let Westin / Vistana book Marriott properties. Marriott Vacation Club 2022 New Year Marriott/Vistana/Westin Merger Prediction sparty Jan 1, 2022 Not open for further replies. In addition, they became the new parent company for Vistana Signature Experiences. A New Marriott Chairmans Only Tour and Its Incredible In EVERY Way!!! Stay tuned to the A Timeshare Broker blog to get all the latest developments. "Because MARRIOTT bought Westin /Vistana" "We ( Marriott) own them" ( Westin / Vistana) They we're displaying a whole video on the NEW properties ( Westin's) Does anyone have any information regarding how they think the merger might play out. 2011 - 2023 Marriott Vacations Worldwide Corporation. Get access to even more resorts and destinations with Abound. Here are some of the potential benefits and drawbacks of the merger: The merger between Vistana and Marriott Vacation Club is expected to bring a number of benefits to owners. but wont have full benefit of Abound without some Trust points. Unless Marriott dumps some extra inventory into the pool, availabilities at the Vistana resorts might be possible, but not likely when reservations are finally able to be made, at least initially. Status: Page Online The merger between Vistana and Marriott Vacation Club was announced in August 2020. Great news! Perhaps you could grab a screenshot and post it? We have compiled all of the points charts into one PDF below that shows the points values for each resort, time of year, view type and unit type. These Elite Benefit Guarantees survived the Marriott Rewards and Starwood Preferred Guest merger but have now been made slightly less valuable. Marriott has also released points charts for the 2023 calendar year that show Marriott owners how many Club Points it will take to book at the various Vistana properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services. The Company has over 120 vacation ownership resorts and approximately 700,000 Owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. Get inspired to explore new adventures and possibilities around the world with these vacationideas. We don't know if the Sheraton will ever merge with the Marriott and we don't know if we should let them take them back but we get nothing in return. Its official, the Abound program has officially launched! It may not display this or other websites correctly. Privacy & Cookie Statement | They are raising the annual club fee by a modest $15 per year. I want to start planning 2023 but want to wait for MVC properties to be available. Email address is required. Is that even a good idea or should we just stay in the Destination Club? Please complete all fields. to provide cross access between them. What this means to Marriott Owners in simple English availability at Westin or Sheraton resorts will occur AFTER the Vistana owner has elected to receive Club Points. This system allows owners to use points to book vacations at any Marriott Vacation Club or Vistana resort. Vistana Beach Club Hawaii Sheraton Kauai Resort The Westin Ka'anapali Ocean Resort Villas The Westin Ka'anapali Ocean Resort Villas North The Westin Nanea Ocean Villas The Westin Princeville Ocean Resort Villas South Carolina Sheraton Broadway Plantation Mexico - Cancun The Westin Lagunamar Ocean Resort The Westin Resort & Spa, Cancun Through your membership in the VSN, you will soon have more direct access to Marriott Vacation Club resorts and thousands of unique travel experiences all using the shared vacation currency of Club Points. Along with the rebranding of Marriotts internal exchange program (Destinations Club Exchange Program) to the new moniker Abound, it seems Destination Club Points (also referred to as Vacation Points) will now be called Club Points. Does anyone really believe this? Use our "What's My Timeshare Worth?" valuation tool to see past sales (excluding floating weeks) for your timeshare, median prices, and current competition. On Thursday March 24, 2022 Marriott Vacation Club and Vistana rolled out a soft launch of the new combined program to be able to book resorts between their different timeshare brands;. All fields must be valid. Once the Abound program launches, Marriott owners will no longer be allowed to use Club Points to make reservations at Westin and Sheraton properties by exchanging through Interval International. Vistana owners will automatically be opted-in to the Abound program, if they are eligible. And in Sales Presentations, owners are being told how these additions will affect their ownership. So if youre a Marriott Vacation Club Owner, be sure to check back on the A Timeshare Broker, Inc. blog for more news regarding the Abound by Marriott Vacations program this summer! Marriott will continue to work on adding these and other missing properties in the future, but because there are some special nuances for certain Vistana properties where outside investors have developed the property on behalf of Vistana, there is still some work to be done to incorporate all of the Vistana resorts into the Abound program. View: Varies, atimeshare.com | Copyright 2023 | All Rights Reserved, elect to receive Abounds new Club Points, The Westin Kanapali Ocean Resort Villas, The Westin Kanapali Ocean Resort Villas North, The Westin Princeville Ocean Resort Villas, Sheraton Lakeside Terrace Villas at Mountain Vista, Marriott Vacation Club owner membership level benefits, using a traditional exchange company, like Interval International. Related: How to Find the Club Points Required for Vistana Properties. Do we know when we can sign up for Abound? I predict when the COVID-19 virus is over around the world; their will be a complete integration of Marriott, Vistana and Westin. Usage: Annual For more information, please visit www.marriottvacationsworldwide.com. Also, weve collected some crowd-sourced conversion rates that show how many Club Points Vistana owners will be able to convert their StarOptions into when booking reservations at Marriott resorts. TUG saves owners more than $20 Million dollars. Marriott Bonvoy is the new name for Marriott Rewards, The Ritz-Carlton Rewards andSPG. Its brands include Marriott Vacation Club, The Ritz-Carlton Destination Club and Grand Residences by Marriott. Best of all, subscribing is FREE!JOIN THE CHANNEL FOR ACCESS TO MEMBERSHIP PERKS! https://www.youtube.com/channel/UCWkfJEYGMRPjg9xss9E-hhQ/joinSUBSCRIBE FOR MORE VIDEOS! https://www.youtube.com/channel/UCWkfJEYGMRPjg9xss9E-hhQ/?sub_confirmation=1BECOME A MARRIOTT VACATION CLUB TIMESHARE EXPERT WITH *MVC MADE EASY! Well be covering all that and more in this update. Marriott has recently filed documents with the Orange Country Comptroller that details how they would be handling the creation of a new integrated exchange system that would include Vistana resorts. We hope you have an amazing time planning your first vacation at a Marriott resort! SCAM ALERT!! Was hoping for something near Carlsbad or San Diego. How to Contact Tesla: Customer Service Phone Number, Website, Social Media, Email & Live Chat, Bruce Willis Health Condition: Understanding the Actors Diet and Exercise Regimen, Exploring the Impact of Greg Gutfelds Vacation from Fox News, How to Get a Planet Fitness Key Tag: A Step-by-Step Guide, Is Exoticca a Good Travel Company? ORLANDO, Fla., June 16, 2022 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally-recognized travel brands and vacation clubs . The pros, cons, and benefits of Utilizing Professional Vacation planning Services Change Voltage for access to even resorts... Not meeting your expectations Marriott Chairmans only Tour and its Incredible in EVERY!. Increased flexibility when it comes to booking Vacations get inspired to explore new adventures and possibilities around the with! Gift of up to 500 bonus points when you arrive for yourstay Club also has StarOptions you can thousands! 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