Great 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. News regarding the launch date of the program, new details about consolidating a la carte fees into one annual club fee, and which Vistana owners are eligible have been announced. Do we know when we can sign up for Abound? Vistana Signature Network is a registered Exchange Program. This agreement would allow owners of any of the resorts that are part of the Destinations Exchange Program to book at any other resort that is also part of this exchange program. 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;. Your email address will not be published. Ultimately, Marriott knows that if they reduce the ability to trade with SOs to the point where good customers get upset (keep in mind these are the customers they want to be loyal to them) then they will lose. Thanks. Marriott Vacation Club International. Legacy Marriott Vacations contract sales increased by 10%, while ILG legacy contract sales inched up 1%,. Using these links may provide the owner of this channel with referral incentives or affiliate commission.#MarriottVacationClub | #Vistana | #Timeshare Earn 25% more bonus points on every eligible hotelpurchase. We had our owner's update at WKOR on Monday. A couple of years ago Marriott did an investor update posted on here that showed Westin Flex, Sheraton Flex, VSN and MVC all operating as separate spheres with a new type of currency system to be created (and sold in some fashion, of course!) Plus other exclusive Elite benefits. 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. Fear of losing out on trade ability is a poor way of convincing the majority of owners to not only stay loyal but pay out more to keep what we already have with perhaps minimal enhancements. Ive included a complete list below of the resorts added, as given by Marriott. And youll enjoy even more benefits and savings at your new Owner benefit level. Weve also received reports from some of our Sheraton Vistana clients that are receiving a pop-up upon logging into their vistana.com account that reads: Were excited to announce a new affiliation with Abound by Marriott Vacations (previously known as the Marriott Vacation Club Destinations Exchange Program). Marriott Bonvoy is the new name for Marriott Rewards, The Ritz-Carlton Rewards andSPG. A program with a portfolio of more than 7,000 properties and resorts, endless experiences and exclusive rewards. What we were told was that once the merger went through it will be next to impossible to trade our Mission Hills unit for a high demand property at 8 months because we will be competing with all of the Mariott owners. 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. In this article, well cover all of the various pieces of information about the new Abound program that we have so far to bring you up to speed. In order for reservations to become available at a Vistana resort, owners at that resort would need to elect to convert their weeks / points into Club points, and many Vistana owners have already made their reservations and travel plans for the 2023 calendar year. Come play in our resort-style vacation rentals at Vistana Beach Club located on the pristine shores of Florida's Treasure Coast. Hilton Grand Vacations Resale Value: Whats My Hilton Timeshare Worth? Last Name is required. 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. Its expected that there will be limited availability at many popular Vistana resorts for the 2023 calendar year. Owners of Vistana resorts will now have access to dozens of Marriott Vacation Club resorts around the world. Owners can reach the resale department by phone, as well, at 866-682-4547. Thanks Last edited: Jul 9, 2021 cubigbird Owners will be notified when transactions in Abound are available. Scottsdale Residence Club, Inc. Florida : 20-5899344 - 5 - . Usage: Annual The ability to elect to receive Club Points and make reservations at Marriott Vacation Club resorts using the Abound by Marriott Vacations exchange program is expected to be functional by year end, for reservations beginning with the 2023 Use Year. Hi, I'm Happy Sharer and I love sharing interesting and useful knowledge with others. Marriott Vacation Club is the first large hospitality brand to enter the timeshare industry and is now noted as one of the best vacation clubs for travelers. In addition, you can look forward to great simplicity and savings with consolidated Club Dues.*. This article will provide an overview of the merger, discuss its potential benefits and drawbacks, and offer some insight into how it may affect current and future owners. Do anticipate true "trading" within Interval will continue "as is", if not a slight increase for an "Internal" exchange (points or weeks). You will still have access to Vistana Signature Network resorts, where you can take advantage of all the benefits you love, including: What Should I Do Next? Was hoping for something near Carlsbad or San Diego. Exploring the World of Knowledge and Understanding. Vistana currently has 20 properties around the world. This means that all of Vistana's assets, including its resorts and ownership contracts, will be transferred to Marriott Vacation Club. Empowering Lives with Nutritious and Delicious NDIS Meals! In addition, they became the new parent company for Vistana Signature Experiences. I dont see anything coastal in California. sort of pay to play. 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 had Elite Benefit Guarantees in place for decades that spell out what compensation is due if a property fails to provide select benefits. While there is no official word regarding how many Club Points Vistana owners can elect to receive, we do have access to some crowd-sourced information on the subject. Through Abound, you can look forward to more direct access to Marriott Vacation Club resorts and properties. How to Find the Club Points Required for Vistana Properties. or just lounge access at sheraton hotels? Some exciting new updates have been released by Marriott regarding their new Abound exchange program. Marriott owners will be able to begin booking Vistana properties starting in October of 2022, with reservations starting for the 2023 calendar year. The merger may also lead to changes in ownership fees. Vistana owners who were enrolled in Vistana Signature Network prior to August 9th, 2022 will be able to elect to receive Club Points. The detail of how all the access will occur is the big mystery! Does anyone really believe this? Now, we have some concrete details of how this new program will work, lets explore the news! 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*. On Thursday, June 16th, 2022, Marriott Vacations Worldwide, the owner of Marriott Vacation Club, Westin Vacation Club, and Sheraton Vacation Club, created a press release to talk about a new name for the combined program between their three premier Vacation Clubs. Bottom line the transition to Abound is a process that will take time for Vistana owners to learn about, and go through the process to enroll if they decide to do so. The company operates dozens of resorts around the globe, all of which feature upscale accommodations and amenities. If Interval International Calls You, Be On Alert. Vistana owners will automatically be opted-in to the Abound program, if they are eligible. I have a passion for learning and enjoy explaining complex concepts in a simple way. Further, you acknowledge that MVW shall not be liable to you or any third party for any claims, damages, or losses of any kind that may result from your use of such website. On April 8, 2016 stockholders of both Marriott International and Starwood Hotels & Resorts Worldwide approved the merger. It may not display this or other websites correctly. 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. By clicking "Yes" below, you acknowledge being transferred to a website that is not owned, operated or controlled by Marriott Vacations Worldwide Corporation (MVW), and that MVW is not responsible for information or activities associated with such website. Vistana owners who became owners prior to August 9th, 2022 will be eligible to use the Abound exchange program. Getaways make additional resort weeks available at prices that are a great value whether you stay all seven days or just a long weekend. Vistana is a timeshare company that has been in business since 1989. Complimentary Premium In-Room Internet Access. Size: 2 Bed Marriott Ownership Resorts, Inc. (Exact name of obligor as specified in its charter) Delaware : . For owners of one of the Flex timeshare products, you will be able to elect for Club Points in increments of 20,000 Home Options. I was told that if you are a Marriott owner you will have the ability to transfer / trade into Westin / Vistana properties. At times, we've struggled to use it and have been annoyed that the locations have. We were told unless we planned to use our Mission Hills unit during the season we owned we were (can't remember if she called me an idiot or stupid) if we didn't pay $24,000 and buy into the Westin Flex plan as we could rent the unit for less than the association dues. You are using an out of date browser. 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. The Ownership Benefit Level for Vistana owners will be determined in two ways. ("Vistana . For more information, please visit www.marriottvacationsworldwide.com. 10. I think what they will do is make things even more complicated and confusing for owners, probably by introducing a whole new points layer that sits on top of the existing ownerships somehow. Broadway Palmetto Horizontal Property Regime, Broadway Plantation Horizontal Property Regime, Virgin Grand Villas St. John Condominium. Designed by Elegant Themes | Powered by WordPress. 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. We thanked her and left but still feeling insulted. Start your complimentary membership today. MVC owners can only trade into Westin and Sheraton owners units to the extent there is a trade the other direction. Club Dues encompass fees you currently pay a la carte, including your VSN fee, Interval International membership and internal exchange fees, conversion to Marriott Bonvoy points, reservation cancellation and rebooking fees, and more all beginning with your 2023 Use Year. "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. The Vistana Signature Network (VSN) has affiliated with the Abound by Marriott Vacations exchange program. On November 16, 2015, Marriott International announced its plan to acquire Starwood Hotels & Resorts Worldwide. It seems to have the promise of gaining access to some of the most popular and luxurious destinations around the world through Marriotts various timeshare brands. For a whopping $4.7 billing, Marriott became the largest luxury timeshare resort brand. 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