I'm new to this forum, so sorry if I'm posting in the wrong bit.
I used to stay at Marriott hotels a lot in the late 90's and early 2000's, especially the World Trace Centre and WFC Marriotts (may they RIP). Dozens of business trips and a few rewards points later, I bought a 3 bed villa week in 2007 and then in 2013 I bought 3,500 destination points while on a trip to Vegas.
The reason for my post is I am seriously wondering about the value I get from what I have bought (actually this is an understatement, what I mean is, I now realise I've been a bit of an idiot!). The 3 bed week cost about 22K GBP and 25K GBP for the destination club points (total investment USD 65K). I pay nearly 3K GBP per year maintenance. For this I get a couple of holidays a year where the accommodation is "free", however, being in the UK I have to go via Interval which is a nightmare and we can never get anything we want. There are 4(?) European vacation club places that I could go to, one is Disneyland Paris (done that), one my home resort in Andalusia (done that a few times), Marbella (done that) and the other is Majorca, which I have yet to visit. I knew all this and my investment is mostly related to reward points which I can use in a lot more places, but the value of these seems to have gone down to the point that I am in negative equity. I could fly to the US but the costs of the flights dwarf any saving I might be making.
I think over the years I must have spent £60K (capital + maintenance) for about £30K's worth (max) of holidays/hotel stays.
The reward points I get are worth squat! I could exchange my thirty thousand dollar Andalucia investment to stay in a London hotel for 3 nights a year. Which would cost me probably £600. And I paid £20K for the privilege of being able to spend £1k in maintenance every year for £600 value.
I read somewhere that the Marriott weeks used to be good value but I feel like I've been taken for a ride.
On a related note, what is the best way to sell up?