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Timeshare Industry Veteran Tells All

I'm still trying to figure out how Marriott Vacation Club gets by with devaluing our timeshares to next to nothing. And, then touting vacation club points as having so much value??? An example: a platinum season Newport Coast resale can be had for about $9,000 at purchase with $1,400 in annual maintenance fees. Using points, this same week can be reserved for 4,700 points which would cost over $50,000 at purchase with $2,820 in annual maintenance fees. The points carry a heavy premium for the mere incremental privilege of exchanging into other resorts for points. By the way, one can easily rent out the Newport Coast week for cash and use the cash to rent a week at another resort. The question, are points really a better currency than cash???