I am thining of investing in a Marriott "timeshare". I know that at times, there are 3-4 day offers to stay at select resorts for a discounted price / incentive in order to check this out. Thoughts on who to contact?
Take a hard look at what they are doing to the timeshare program before you do it. It's being converted to a points (vs. weeks) system and this has a potential to have a big impact on viability and resale values.
Be sure to check the maintenance fees of the resorts you may be considering. I bought two weeks at the Custom House in Boston one in 1998 and one 1999. I got a couple of free trips to Hawaii and I trade them for 250K MR pts. per year. The maintenance fees began at $500.00/ year per week. They are now $1,089.00 per year per week. I'm not sure that it's as good a deal anymore.
you should also check out www.tug2.net this is a website of timeshare owners who will be of a great help to you. there is also some great resale of marriott timeshares on ebay you should check out. just make sure that you get all your quesitons answered before you buy....
In the late 1970s / early 1980s, Marriott was the pioneer hotel managment company to get into the timesharing business. Before that, back in the 1960s/1070s and prior, there were lots of wannabes that generally did a not-so-good job of developing and managing timeshares, particularly in Florida and Hawaii. In those days, many timeshares were "leaseholds", in other words very long leases, often 40 or 50 years in duration. Now, many of those leaseholds are expiring, and the folks who purchased them have nothing to show for their investment. The difference: Marriott timeshares are fee simple deeded - not leaseholds. Earlier this year, Marriott changed its product from one-week increment time intervals, to a points-based system. To check out the product and pricing, go to www.my-vacationclub.com and www.vacationclub.com. Many Marriott Vacation Club resorts have on-site marketing folks and most offer "preview" packages, wherein you can do a 3 or 4 day visit to the resort at a bargain promotional price in exchange for attending a preview marketing timeshare presentation. Don't shy away - however - Marriott marketing presentations are generally no pressure explanations of how the system works. Happy trails!
aruba surf club is one of 2 timeshares that are still selling weeks. I was just there for a timeshare tour. A ocean view room in gold season is a little over $25000. You get 3075 club points if you wanted to trade for them. IF you wanted the same in just the point system it will cost $30000. The yearly fees are $1249 right now. here is a link that shows you there specials. For the money i would buy the week in aruba. I own there. It is a great resort. And you can still trade your week. They were giving you and extra 2200 club points if you bought there. http://www.marriottvacationclub.com/vacation-specials/index.shtml
I would echo what Surf Club had to say. We own a week at Surf and a week at Grande Vista and have had wonderful experiences. I believe that Marriott Vacation Club is the best timeshare company out there. . .if it's still possible to buy deeded weeks in Aruba, do it. The Aruba properties (there are two, Ocean Club and Surf Club) are the second highest demand properties in the system, behind Hawaii. Plus, Aruba is a great place to vacation.
I had similar thoughts a few years ago, but took one of the 4 day stays at a MVC property, and loved it. Now have 4 timeshares (Palm Desert-2, Orlando, and Las Vegas (New Years Eve week). Bought for my wife and I to create annual travel advantages, including use of units, or trading all over the world. We've been to MVC's in Spain, Thailand, etc. And have traded many times in the US. Each unit creates an opportunity to get 2 vacations (ie, use the one Bdr and trade the lockoff, or split and trade both). The new club points system adds additional flexibility, and are looking to use it in 2012. But, above all, our properties will pass to our kids and promise them with many vacation choices in the future.
grand vista in Orlando has a 3 day deal. $99.00 a night for 3 nights. they just call me last weekend offfering 15,000 points if i could Recommend someone to take the time share sale pitch. give them a call.
My wife and I own 4 weeks of MVC and are very satisfied with the total program. I believe the conversion from weeks to points is a big benefit, but I am not sure about buying points from Marriott. It is my understanding that Marriott has not yet published a resale policy for points. I suggest that you NOT look at any time share purchase as an "investment". I hope that at some time in the future I will be able to sell my weeks and hopefully recover most of my expenses over the years. In the mean time, we are enjoying a lot of vacations/long weekends that we would not have taken without our timesahres. Maintenace fees do add up. Also, if you are doing your reserch I would suggest that you look at other organizations. I recently sat in on a Hyatt time share presentation and it looks like they have a pretty good product. Also, you can look at Sheraton.
You are aware that Marriott has stated publicly they intend to get out of the timeshare business. They are looking to sell it outright or spin it off as a separate business. It has not been profitable for several years and the whole business appears to have returned to it's sleazy roots. Be careful!
We are new owners since March!!! We vacationed at the Marriott Grande Vista in Orlando early in March with the family; went to a presentation on our 2nd day and signed off right away. We were always interested in a Marriott Timeshare, as we are huge Marriott fans, but never had the opportunity to attend a sale presentation. We purchased the lowest amount of points as we are still young and have lots of bills...lol, but we are very satisfied with what Marriott Destination Points has to offer us. We had absolutely no problem reserving our first trip for May this year. We are off to Marriott BeachPlace Towers (studio) in Fort Lauderdale for a week. Our next vacation is booked for March 2012, at the Aruba Surf Club (2 bedrooms) which we cannot wait. For one week at the Aruba Surf Club it would cost us over $7000 if we were non owners. I think it's money well spent if you make the most of your points and play with it!