Be sure to subscribe and sign up for all notifications so you don't miss a single episode. This material is intended to encourage the sale of all-villa resort interests classified by state legislation as timeshare sales. 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. THIS ADVERTISING MATERIAL IS BEING USED FOR THE PURPOSE OF SOLICITING SALES OF TIMESHARE INTERESTS. The merger between Vistana and Marriott Vacation Club will also have an impact on ownership rights. Come play in our resort-style vacation rentals at Vistana Beach Club located on the pristine shores of Florida's Treasure Coast. Owners of Vistana resorts will become members of Marriott Vacation Club, and their existing contracts will be honored. 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; Marriott Vacation Club, Sheraton Vacation Club and Westin Vacation Club. This means that all of Vistana's assets, including its resorts and ownership contracts, will be transferred to Marriott Vacation Club. 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. Its important to note, for Vistana owners that wish to convert their weeks / points into Club Points, these points charts are not used to tell the exact conversion rate, they are only used to show how many points it takes to book these resorts. AccessibilityStatement. 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. So long you can prove that you are actually living near the area of the club or have a NIE they normally will happily take you! 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. 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. I was told the merger will only benefit Marriott owners. Cookie Settings | Get access to even more resorts and destinations with Abound. We reserved a suite online to fit a family of four. This is neither an offer to sell nor a solicitation of offers to buy in any state or other jurisdiction in which registration requirements have not been met. Most Popular Time Share Resorts to Rent And No Surprise Marriott Is At the Top of the List!! The merger may also lead to changes in existing contracts. AccessibilityStatement. In addition, I also provide resort reviews, villa tours and industry news. Normally, a Marriott Vacation Club login would be required to see this information from the member dashboard, but 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. JavaScript is disabled. Designed by Elegant Themes | Powered by WordPress. I want to stay on Marriottvacationsworldwide.com, I want to leave Marriottvacationsworldwide.com, Millennials who see travel as a key aspiration**, Marriott Vacations Worldwide (MVW) Reports Fourth Quarter and Full , Marriott Vacations Worldwide Corporation Announces Fourth Quarter Earnings Relea , Marriott Vacations Worldwide Adds Stephanie Sobeck Butera to its Executive Leade , Marriott Vacations Worldwide Creates Endowed Scholarship to Support Future Gener , Marriott Vacations Worldwide Announces Pricing of Convertible Senior Notes. We thanked her and left but still feeling insulted. 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. We dont know if this offer will be extended to all owners of Marriott Vacation Club, Westin Vacation Club, and Sheraton Vacation Club, but we will know much more over the coming months. ILG now holds the vacation ownership businesses of Hyatt, Sheraton and Westin. Option to convert to Starpoints extended to October 1. You will be subject to the third partys terms and conditions and privacy policy. 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? 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. The combined company will bring together several of the most coveted lifestyle vacation ownership brands under a single entity, including Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, Marriott Vacation Club, Grand Residences by Marriott, St. Regis Residence Club and Ritz-Carlton Destination Club, providing an unparalleled On the same day as the press release, Marriott Vacations Worldwide held an investors day event that featured a webinar in which Marriott Vacations Worldwides representatives were interviewed. As an Owner with Vistana Signature Experiences, you can convert your ownership into Marriott Bonvoy Points, giving you even more places and opportunities to discover, redeem and earn. All Rights Reserved. Marriott Vacations Worldwide Corporation is a leading global pure-play vacation ownership company, offering a diverse portfolio of quality products, programs and management expertise with over 65 resorts. Its important to note, for Vistana owners that wish to convert their weeks / points into Club Points, these points charts are not used to tell the exact conversion rate, they are only used to show how many points it takes to book these resorts. Your email address will not be published. MDC . 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. President of Marriott Vacations Worldwide, John E. Geller, Jr., said: We are incredibly excited to debut Abound by Marriott Vacations, which is our gateway for enrolled vacation Owners to embark on exceptional travel adventures around the globe, helping them make a lifetime of meaningful vacation moments with those they care about most. The great difference between voyages rests not with the ships, but with the people you meet on them.. You are leaving a Vistana Signature Experiences, Inc. (Vistana) site and going to a third-party website. There is no buy-in costs, and no additional purchases are required to use this new program. Owners Login | Marriott Vacation Club You Deserve a Vacation Vacations and safety both mean much more now. Depending on who you talk to, it will happen sometime between June 20th and July 1st and that might not be correct. The merger may also lead to changes in ownership fees. I just completed a sale presentation at a Marriott timeshare resort. PLAN NOW > Vacation with Confidence Commitment to Clean Cancellation Policy Property Updates Not an Owner Yet? Under the terms of the agreement, Vistana will become a wholly-owned subsidiary of Marriott Vacation Club. Travel 3.7 miles. 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 . There is definitely a finite amount of inventory in the Westin Flex program. Admittedly, we have used our Mission Hills unit to trade into Atlantis, Langumar, Kuai and WKOR. 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). As we mentioned before, eligible owners will be automatically opted-in to the Abound Program. Some exciting new updates have been released by Marriott regarding their new Abound exchange program. In Q2'22 Marriott will announce the integration details of Vistana/Westin into Marriott. For a better experience, please enable JavaScript in your browser before proceeding. Back to the Basics Abound, By Marriott What IS Abound? Use our "What's My Timeshare Worth?" valuation tool to see past sales (excluding floating weeks) for your timeshare, median prices, and current competition. This adjustment brings the banking rules in line with the banking rules and restrictions for Marriott Vacation Club owners. Marriott Points people already have this for exchanging in II to non-Marriott properties. 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). Start your complimentary membership today. Once the Abound program launches, Vistana owners will no longer be allowed to use Club Points to make reservations at Marriott, Westin and Sheraton properties by exchanging through Interval International. The eight-resort Welk portfolio will get rebranded under the Hyatt Residence Club flag within the Marriott Vacations brand line-up. With spend on leisure travel projected to reach $1.7 trillion by 2027*, the new program is launching at the ideal time. This system allows owners to use points to book vacations at any Marriott Vacation Club or Vistana resort. Availability at Westin Vacation Club and Sheraton Vacation Club resorts for Marriott Vacation Club owners will depend on the number of Westin Vacation Club and Sheraton Vacation Club owners at those resorts who elect to receive Club Points. 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 Ownership Benefit Level for Vistana owners will be determined in two ways. 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. 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