Hello, everyone. My partner and I bought two platinum timeshare weeks at the Boston Custom House earlier this year, and one of the things we liked was the ability to convert them to Marriott Rewards points each year, if we wanted.
When we first got them (around February or March of this year), Marriott charged $119 to convert one week into Rewards points.
I just converted one of next year's weeks, and the charge is now $124. While $5 isn't going to break the bank, I'm concerned about the percentage increase. Does this kind of thing happen every year? If Marriott feels that a percentage like that is okay in this economy, we could get into some big numbers and serious compounding down the road.
If a more experienced Marriott timeshare owner could share their thoughts on this, I'd appreciate it. Thank you!
Did you buy weeks or points? Marriott stopped selling weeks June 2010. If for some reason you were able to buy weeks I would encourage you to enroll them in the points program. Under the points program you pay a 1 time annual fee for ALL of your transactions within Marriott. Just like everything in this life, the 1 time annual fee does increase.
We bought weeks through Marriott. We looked at the points program, but we decided that the economics of owning the weeks and then either using, trading for Rewards points or trading through II would make the most sense for us.
Regarding the fees, I certainly know things increase in cost, but a 4.2% increase within a single year--and during a stagnant economy--is troubling. Again, it's just $5, but every little bit chips away at value.
With all of that said, thanks for your feedback, curiousone!