I wanted to update everyone regarding a recent owner presentation I attended in Maui.
- Point Requirements going up: Currently you need 15k (Timeshare Points) to qualify for Chairman’s club and 10K for president club… They could not or would not confirm when or by how much – but hinted it would be by the end of the year.
- Platinum Preferred Status: First, let me disclose I was very frustrated with the hard sell I was given – so I am not sure what was true or what was a sell tactic. It sounds as if – that Chairman’s Club Level will get Platinum Preferred. As a Chairman’s Club Owner grandfathered in at only 13K points – I was told - that I needed to purchase another 2k points to guarantee status (To get to 15K). This made no sense to me – so I pressed – as was told that the program is under review and has not been finalized. I can confirm – I am currently Lifetime Platinum (Current program) – but have Platinum Preferred status. Not sure if this is because I was Platinum before the program merger or is a new benefit of my Chairmans Club Timeshare status. Anyone else who can clarify – it would be appreciated.
- Marriott Vacation Club (MVC) and ILG Merger. This was only approved on 08/28 – so I didn’t get much information on when the properties will be available for booking. I believe Sheraton and Westin Timeshare Properties will be quickly integrated – since Marriott international already owns their hotel properties. Hyatt on the other hand will be more difficult – since they currently associated to Hyatt Hotels, (Which Marriott does not own). I would not be surprised if they sold those assets – but it just speculation on my part.
- Current Promotions: I was given a 2k point option for roughly 23K. It included 2k bonus points and another 2k bonus if financed for a minimum 18 months (Then could be paid in full). I had a good presentation but I was put off when the offer was presented – so I declined.
If anyone has any feedback or insights - would be appreciate