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Re: Marriott Going to Point Syst (by Erman C.):

Sorry to hear you and others are so unhappy with Marriott and your ownership. To be factual MVCI has done nothing at all to change what you own and how you choose to use it. On the other-hand they are a business that must thrive or move on and if you haven't noticed most of the timeshare industry has been turned into a disaster by the poor economy which as eliminated most sales and left developers like MVCI with large numbers of forclosures due to owners who have walked away from their loans/payments. Marriott must also shoulder all the maintenance fees and taxes for those properties that they now "own" and cannot sell. Their only source of alternative revenue for those properties has been rentals thru their Marriott hotel/resort system. Most other developers who are not major hotel companies have sold out thru bankruptcy or buyouts and left the remaining "owners" shouldering all the maintenance fees, taxes, and repairs needed for the entire property. MVCI new system was crafted to enhance their product line in the hopes of improving new unit sales and to allow them to continue developing future properties around the nation/world. Note: The past five years they closed all but three or four sales locations and curtailed most ongoing developement other than Hawaii and stopped all new starts they had on the books. They offered the points system to existing weeks owners as an OPTION and as bridge to tehir new business approach which you and others clearly will reject.

I for one will seriously consider this option for occassionally use and will more often continue to use all my Marriotts and other properties as I have in the past. From my vieve I get the best of both worlds. My bottom-line is that I want Marriott to succeed and prosper so I can enjoy top quality vacations in an expanding list of great locations. The alternative is for Marriott to cease all future development and leave the timeshare business due to lack of sales of standard weeks and pass all the abandoned properties to the resort ownership associations (that would be us) to shoulder all costs. In this case you can be guaranteed decaying properties and double/triple the fees you see today. Just look at the properties of those companies that have not survived. BTW: Marriott will still manage our properties but only to the level we as owners will pay.

So you choose your option and I'll choose mine, but for now lets all be informed about what we are talking about and not assume we know something we do not.

Cheers!

EC