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Re: Marriott Going to Point Syst (by R Michael F.):

donp196 wrote:

It's very simple. Timeshare companies make a fortune selling points. What are points ? They are simply air. You don't have a deed and you own nothing but their promise. They can sell as many poins as they want for as much as they want. You get a promise that you can use them. If they over sell them they don't care. If you try to book a week and it's filled they just tell you it's not available and you have to settle for another time that you don't want. It's a huge scam. Just like the treasury dept. they can create all the points they want just like printing money. The problem is that it becomes under valued and you are at their mercy to use them. I am so glad I got rid of my timeshares.

Your "simple" explanation is simply not correct.

Points are typically tied directly to total room nights available for a property that is being sold by a developer. Additionally, when timeshare resorts are registered, most state real estate commissions require the timeshare (point) plan must be disclosed. Developers must disclose the relationship of total points to total nights available at a resort - so as to assure points are not "oversold. "

Unfortunately, the points associated with the offseason / transitional nights also get sold/ deeded to buyers that buy with the intention of requesting demand for peak season time. This has a tendency to "turbo charge" demand for peak season times at point resorts - making it difficult for all requests during these peak season times to be fulfilled.