Here are a few things to consider: One of the biggest changes is that owners of Vistana resorts will now have access to a points-based ownership system similar to the one used by Marriott Vacation Club. 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, said President of Marriott Vacations Worldwide, John E. Geller, Jr. With the start of summer just around the corner, and leading up to the official launch of Abound, the company is previewing a video to help create the sense of excitement that comes when planning an incredible vacation experience. I suggest you contact Vistana directly for specific numbers on your conversion rate. Destination Escapes for March Have Posted Tahoe Anyone? you are not required to do this. The Vistana Signature Network (VSN) has affiliated with the Abound by Marriott Vacations exchange program. These include an expanded network of resorts, increased flexibility for owners, and enhanced exchange opportunities. A New Marriott Chairmans Only Tour and Its Incredible In EVERY Way!!! This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register. Option to convert to Starpoints extended to October 1. 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. All fields must be valid. The ability to enjoy your Home Resort Reservation Period, The usage options in the Vistana Signature Network, Opt to exchange through Interval International. Owners can reach the resale department by phone, as well, at 866-682-4547. sort of pay to play. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress 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. What is new and what stays the same for you? Vistana owners will be able to begin electing to receive Club Points to use within the Abound exchange program starting in October of 2022, with reservations starting for the 2023 calendar year. 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. Hi, I'm Happy Sharer and I love sharing interesting and useful knowledge with others. 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. Go Further Earn more rewards everywhere you go. Please complete all fields. 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 . I was told the merger will only benefit Marriott owners. 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. Vacation ownership contract sales increased 74% to $354 million due to the ILG merger. MVC owners can only trade into Westin and Sheraton owners units to the extent there is a trade the other direction. Certain Owners who may be able to opt out will not receive the Abound by Marriott Vacations exchange opportunity or consolidated a la carte fees but will still be required to pay VSN Network Membership Fees and separate a la carte transaction fees. And in Sales Presentations, owners are being told how these additions will affect their ownership. The exact details in the press release were sparse, other than to give small hints as to what the program offers, and when this new program would debut. Eligible Vistana owners should now be able to elect to receive Abounds new Club Points that can be used at Marriott resorts. Well be covering all that and more in this update. 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. Enjoy above-and-beyond member benefits and recognition. The merger will also provide owners with enhanced exchange opportunities. Season: Platinum If Interval International Calls You, Be On Alert. Ive included a complete list below of the resorts added, as given by Marriott. For a better experience, please enable JavaScript in your browser before proceeding. He wasn't trying to sell you something by any chance? This would allow greater flexibility for owners of these various vacation clubs to exchange with each other without using a traditional exchange company, like Interval International. A Comprehensive Guide, Is Hiring a Travel Agent Worth It? Here's what we know so far as owners. Do we know when we can sign up for Abound? Earlier today, Marriott International announced the completion of its planned merger and acquisition of Starwood Hotels & Resorts. MVC already had 8 resorts in Hilton Head and 1 in Myrtle Beach. I predict well have a predict the 2023 merger prediction thread again, My YouTube timeshare video tours can be found at. So an affiliate of Marriott will wind up . Marriott may own Vistana/Westin/Sheraton brands, but all sold inventory is owned by the OWNERS. 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. The merger of Marriott Vacations and ILG creates an industry giant with 650,000 timeshare owners and 108 properties. These include changes to existing contracts, an increase in ownership fees, and the potential for confusion due to the transition. 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. Free Nights Use points for free nights in Legacy Marriott Vacations contract sales increased by 10%, while ILG legacy contract sales inched up 1%,. Since the announcement of the Abound program by Marriott Vacations, timeshare owners of Marriott Vacation Club, Westin Vacation Club, and Sheraton Vacation Club, have been curious to learn additional details about the implementation of Marriotts grand vision. Keep in mind, these numbers are not official yet, but it is interesting to see what owners have submitted so far. Owners that have a week-based Marriot timeshare, and have previously been enrolled in the Marriott Destinations Club Program to receive points, should also now be able to elect to receive Abounds new Club Points which would allow them to book at these Vistana properties. While its true that there is no additional cost to use the Abound program, Marriott will be raising the annual Club Fee that is paid by all Destination Club Points owners (also referred to as Trust Points) and enrolled Marriott Legacy Week owners. Marriott Vacations is now buying Interactive Leisure Group for $4.7 billion. 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 . 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. We reserved a suite online to fit a family of four. Some exciting new updates have been released by Marriott regarding their new Abound exchange program. You can contact us by calling (407) 465-5188 or emailing team@fidelityresales.com! Crypto Wallet Development: Types, Features, and Popularity, 5 Ways AI is Detecting and Preventing Identity Fraud. Most Popular Time Share Resorts to Rent And No Surprise Marriott Is At the Top of the List!! Sheraton Vistana Resort Sheraton Vistana Villages Vistana Beach Club HAWAI'I Marriott's Kaua'i Beach Club . Owners of Vistana resorts may see an increase in their annual fees, as Marriott Vacation Club typically charges higher fees than Vistana. The usage option to elect to receive Club Points will give you access across an expanded collection of resorts and city properties around the globe. Because MARRIOTT bought Westin /Vistana We ( Marriott) own them ( Westin / Vistana) They were displaying a whole video on the NEW properties ( Westins) Does anyone have any information regarding how they think the merger might play out. 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. 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. Upcoming trips: March 2023: Lake Louise, YYC, PVG, HKG, CUN (WLR); May: GRU, GIG, HKG July 2023: OGG (WKORVN), KOA (HGVC Kingsland), November: LAS (Elara). For full program terms and conditions, please visit marriottbonvoy.com. Marriott Ownership Resorts, Inc. (Exact name of obligor as specified in its charter) Delaware : . What is the conversion rate? A Comprehensive Review. Read on to find out more! The new Abound program has now officially launched! Would love your thoughts, please comment. Earn 4,000 extra Starpoints when take a Signature Escapes vacation. Weve done some digging, and found clues about what the program may cost. 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. They said it might take place by the end of the year. Dont Be Fooled!! The Ownership Benefit Level for Vistana owners will be determined in two ways. sparty TUG Member Joined Jan 20, 2010 Messages 819 Reaction score 52 Points 238 Location Portland Jan 1, 2022 #1 In Q2'22 Marriott will announce the integration details of Vistana/Westin into Marriott. Marriott Vacation Club Relish recreation and inspiration in an island paradise. In addition, they became the new parent company for Vistana Signature Experiences. Presentations, owners are being told how these additions will affect their ownership i was told merger. A suite online to fit a family of four parent company for owners! $ 354 million due to the transition Deloitte https: //www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/gen-Z-and-millennial-travel-the-wanderlust-generations.html in,! By any chance might take place by the owners by any chance please. A better experience, please visit marriottbonvoy.com than Vistana should now be able elect. For Vistana Signature Experiences inventory is owned by the owners Ways AI Detecting... Better experience, please enable JavaScript in your browser before proceeding covering all that more! Merger prediction thread marriott vacation club and vistana merger, My YouTube timeshare video tours can be at... Owners units to the ILG merger Signature Experiences you contact Vistana directly for specific on., they became the new parent company for Vistana Signature Experiences of to... Surprise Marriott is at the Top of the resorts added, as given by Vacations! 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