I just received an email invitation to learn more about the Ritz Carlton Destination Club. The message included:
'As a valued Marriott Vacation Club® Owner, we are pleased to extend you an exclusive invitation. For a limited time, you have a unique opportunity to trade your existing Marriott Vacation Club week(s) in exchange for proceeds toward enrollment as a Member of The Ritz-Carlton® Destination Club.'
Could this be the MVC point system that has been 'under development' for the past few years? I will try to learn more about it and will post the information. Personally, I would likely prefer a Ritz program rather than changing many of the fundamental values of my current MVC ownership weeks. I bought my timeshares to primarily use rather than redeem for points, and don't want my usage and exchange opportunities to be reduced.
Even though I am not a Vacation Club owner I have gotten several invitations to participate in the Ritz Carlton's Luxury Residence program--if that the same one that you're referring to?
As I recall the initiation fee to become a member was in the $100,000 range--out of my price bracket for sure. I'd really be interested in what they tell you.
Just like the airlines allowed people to exchange their mileage for membership in the airport clubs, I am hopeful that Marriott and Ritz-Carlton will finally admit that they are joined as partners and allow us to get benefits and earn benefits that are interchangeable at Ritz and Marriott.
One thing might be to build a tiered program that mirrors Marriott Rewards, with three levels and accord the same benefits to both chains. I am a Platinum member with Intercontinental and points and benefits accrue and can be used at any property they manage (including Holiday Inns)!