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ask-redweek-marriott-buys-ilg-vistana-hyatt (by Tom V.):

I just had a phone call from my home resort trying to set up an "appointment time" for some sales pitch from Marriott who bought Interval. I hadn't even realized that had happened or was in the process of happening. I told the guy absolutely no. I have a deeded week I bought off of E bay 15 yrs ago for a $1. $299 closing costs and annual dues of $800--prime floating week. For the past 15 years I have traded through Interval. I don't always get what I want, but for what I paid, what my annual dues cost, it has been a great value for me. I trade all over. I have become more savvy at using and trading. I use the week each year and occasionally pay the discounted rate for an extra week somewhere. Still a great value. My home resort was pushing to convert to points, I have refused because I was satisfied and savvy with my current situation. I feel for those who have spent big bucks on time shares and maybe still paying for their purchase. It really is a horrible investment and I don't believe is worth the value nor the hassle. This new chapter in timeshare and Marriott seems like an even bigger "money grab" and swindle to me. I can tell you I am not taking the bait.