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Original Message:

Re: Marriott Going to Point Syst (by David N.):

Nice piece of information ermanc.

The split from the main company is not a bad thing. It will provide more focus to the timeshare business and put the customers/owners again at the center of the equation.

The way it is done seems well thought, as Marriott family members will still be in the board and the brand is licensed. I frankly think that it provides the flexibility that this business needs to operate (heavy capital need) and that the hotel owners will not like.

Marriott brand/timeshare is simply fantastic. I am spending 4 days (president's week-end) at Crystal Shores in Marco Island and it is great resort/service/value for money/etc... No doubt that this business will only go up from here and we (as owners) will benefit from it.

I agree with ermanc that we have to be more proactive as owners. Going forward, I will be more looking into board minutes and resolutions, as well as nominations. We should be careful about the hidden cost of DC points and that it is not us (owners) that pay for MVCI.