Marriott Vacation Club Destinations™ Ownership Program Webinar

Marriott Vacation Club Destinations™
Ownership Program Webinar
Presented by Marriott Vacation Club Owner Services
June, 2015
What will be discussed?
1. Vacation planning resources
2. Ownership Benefits Levels
3. Your Use Year
•
•
•
Banking Vacation Club Points
Borrowing Vacation Club Points
Transferring Vacation Club Points
1.
2.
3.
4.
Marriott Vacation Club® Resorts
Explorer Collection
Exchange Partner Resorts
Marriott® Rewards
4. Planning vacations throughout
the Marriott Vacation Club
Destinations Program:
Vacation planning resources
My-VacationClub.com
•
•
•
•
Reserve villas using Vacation
Club Points
View Vacation Club Points
balance
Learn about
• Explorer Collection
vacations
• When vacations are
available to reserve
• How many Vacation Club
Points are required for
vacations
Pay your maintenance fee,
loans and Club Dues
Insider
•
•
•
•
News
Important Dates
Owner Tips
Special Offers
Your Detailed How to Use Guide
Login to My-Vacationclub.com
Your Vacation Ownership Advisor Team
Available Monday through Friday from 9 a.m. to 9 p.m. Eastern Time
Saturday and Sunday from 9 a.m. until 5 p.m. Eastern Time
(888) MVCI-VOA
(888-682-4862)
Your Use Year
•Period of time when you
may use your Vacation
Club Points
•Begins on the first day of
the month following your
closing
•Your annual Vacation Club
Points distribution will be
replenished 13 months
prior to the start of your Use
Year
Use Year Example:
• If you purchased Vacation Club Points
beginning in May
– And you closed 30 days later, in June
– Your Use Year will run from July through June
every year
Sample of July through June Use Year
Login to My-Vacationclub.com
1. Click “Book My Vacation”
2. Your Use Year is listed within your Ownership
Portfolio
Sample Vacations July through June Use Year
Vacation
2015 Use
Year Arrival
Dates
Vacation
Club Points
Required*
Norwegian Cruise
Line
Mediterranean
Cruise
July 1st, 2015 for 7
nights
3,450
2 BR Marriott’s
Canyon Villas,
Scottsdale,
Arizona
October 10th, 2015
for 7 nights
2,225
2 BR Marriott’s
Crystal Shores,
Marco Island,
Florida
February 2nd, 2016
for 5 nights
3,000
1 BR Marriott’s
Custom House,
Boston
Memorial Day
Weekend, 2016
1,550
*The number of Vacation Club Points required to reserve specific accommodations
is subject to change
Owner Benefit Levels*
Benefit Level
Vacation Club Points1
Owner
Up to 3,999
Select
4,000 to 6,999
Executive2
7,000 to 9,999
Presidential
10,000 to 14,999
Chairman’s Club3
15,000 or more
*Owner benefit levels became effective on April 30, 2015 and are subject to change.
1 Number of Vacation Club Points is the combined total value of Owners’ enrolled weeks in addition to Vacation Club
Points purchased from beneficial interests in the Marriott Vacation Club Destinations Program Trust.
2 Although the new Executive status requires 7,000 to 9,999 Vacation Club Points, Owners at the Premier level with
6,500 to 6,999 Vacation Club Points as of April 29, 2015 have been granted Executive status. However, if that Owner’s
interest level falls below 6,500 Vacation Club Points, then 7,000 Vacation club Points will be required to again achieve
the higher recognition level.
3 Although the new Chairman’s Club status requires 15,000 or more Vacation Club Points, Owners at the Premier Plus
level with 13,000 to 14,999 Vacation Club Points as of April 29, 2015 have been granted Chairman’s Club status.
However, if that Owner’s interest level falls below 13,000 Vacation Club Points, then 15,000 Vacation club Points will be
required to again achieve the higher recognition level.
Banking Vacation Club Points
Benefit Level
Banking Deadline
Timeframe for
Using Banked
Points
Owner
Select
6 months prior to
end of current Use
Year
Within the
following Use
Year
Executive
4 months prior to
the end of current
Use Year
Within the
following Use
Year
Presidential
4 months prior to
the end of current
Use Year
Within the
following 1.5
Use Years
Chairman’s
Club
4 months prior to
the end of current
Use Year
Within the
following 2 Use
Years
Borrowing Vacation Club Points
Borrow Vacation Club Points into
the prior Use Year.
– You can borrow Vacation Club
Points from the subsequent year
when you need them to confirm
a vacation.
– If the vacation is cancelled,
the borrowed Vacation Club
Points will expire on their
original expiration date
– Cannot bank them to a
subsequent year, or transfer
them to another Owner
Transferring Vacation Club Points
Transfer Vacation Club Points to
another Points Owner
– Transferred Vacation Club Points
will retain the Use Year
parameters of the Owner who
transferred them
– Cannot be banked
– Cannot be borrowed
– Cannot be transferred again
– Cannot be traded for Marriott
Rewards® points
Annual Club Dues
• Annual membership with
Interval International
• Trading for Marriott Rewards
points
• Reservation cancellation fees
• Banking, Borrowing, and
Transferring Vacation Club
Points
Annual Club Dues Amount
Owner
Select
$175
Executive
Presidential
Chairman’s Club
$215
Use Vacation Club Points
Option 1: Marriott Vacation
Club Resorts
Marriott Vacation Club Resorts
Reserve a vacation directly at
over 50 Marriott Vacation
Clubs resorts
– Studios to three bedroom
villas and townhomes
– May include amenities such
as:
– kitchens
– separate living and dining
areas
– Private balconies or patios
Features and amenities listed above vary according to resort location
Number of Vacation Club Points
Depends on:
1.
2.
3.
4.
5.
6.
Resort destination
Dates of travel
Villa size
Check-in day
Length of stay
View
Marriott’s Frenchman’s Cove,
St. Thomas, U.S. Virgin Islands
View Points Charts
1.
2.
Call your Vacation Ownership Advisor Team
My-Vacationclub.com locate the Vacation Club
Points Charts
Vacation Club Points Calculator
Vacations within the Marriott Vacation Club Resorts and The
Ritz-Carlton Club, Vail, may be reserved as follows:
Owner Benefit Level
Owners
Select
Executive
Presidential
Chairman’s Club
13 months prior to
check-in
12 months prior to
check-in
10 months prior to
check-in
Tuesdays 9 a.m. ET
Fridays 9 a.m. ET
Tuesdays 9 a.m. ET
7 or more nights
when using a Points
Premium
7 or more nights
1 or more nights
And Waitlist available
for 7 or more nights
And Waitlist available
for 1 or more nights
7 or more nights
1 or more nights
And Waitlist available
for 7 or more nights
And Waitlist available
for 1 or more nights
1 or more nights
1 or more nights
And Waitlist available
for 1 or more nights
And Waitlist available
for 1 or more nights
7 or more nights
1 or more nights
Luxury Property – Ritz-Carlton Club Resorts,
other than the Ritz-Carlton Club, Vail:
Benefit Level
13 months in
advance of
desired check-in
6 months in
advance of
desired check-in
Tuesday 9 a.m. ET
Tuesday 9 a.m. ET
Owners
Select
Executive
Presidential
Chairman’s
Club
1 or more nights*
Waitlist available
1 or more nights*
1 or more nights*
Waitlist available
* The Ritz-Carlton Club, St. Thomas, has a 3-night minimum stay requirement.
Login to My-Vacationclub.com
All reservation confirmations are subject to availability.
Inventory
Release
Calendar
Use Vacation Club Points
Option 2: Explorer
Collection
Login to My-Vacationclub.com
Explorer Collection Categories
Ocean Explorer - Cruises
Epic Explorer – Guided Group Tours
Driving, biking, rafting and golf
City Explorer - Hotels
Travaasa Hana, Maui
Scrub Island Resort, Spa and Marina,
Tortola, British Virgin Islands
Renaissance, Tuscany
Boscolo Venezia, Venice
Other Explorer Collection Options
•
•
•
•
•
Adventure Travel
Premier Events
City Experience Packages
Flights
Travel Protection
Explorer Collection Vacations
Call your Vacation Ownership Advisor team for
reservations at 888-682-4862
Use Vacation Club Points
Option 3: Exchange
Partner Resorts
Exchange Partner Resorts
• As our exchange partner,
Interval International®
facilitates all of these
exchanges.
• 7-night vacations at
resorts affiliated with
Interval International.
• External resorts (nonMarriott Vacation Club)
are available.
Number of Vacation Club Points Required
• Depends on your
desired
– vacation location
– seasonal demand
– villa size
• Seasonal Demand is
determined by the
Travel Demand Index
Vacation Club Points Required for Exchange Partner
Resorts:
Travel Demand Index (TDI) Based Exchange Values
Full-Week Exchange Values
TDI Range
Studio
1BR
2BR
3BR
4BR
TDI Range
Peak
140150
2,250
3,000
4,500
6,000
7,000
140150
Peak
High
115-135
1,750
2,750
4,000
5,000
6,000
115-135
High
Medium
90-110
1,500
2,250
3,000
4,000
5,000
90-110
Medium
Low
50-85
1,000
1,500
2,250
3,000
4,000
50-85
Low
Two-Bedroom Example
More Information on Exchange Partner Resorts:
• To deposit Vacation
Club Points and
place an exchange
request, contact
Owner Services at
888-682-4862.
• Or, visit
www.Intervalworld.com
Use Vacation Club Points
Option 4: Marriott
Rewards
Trading Vacation Club Points for Marriott
Rewards points
• Each Vacation Club Point = 32 Marriott Rewards points
• Must trade in an initial increment of 250 Vacation Club and
five Vacation Club Points thereafter
La Concha Renaissance Resort, San
Juan, Puerto Rico
Laguna Cliffs Marriott Resort and Spa,
Laguna Beach, California
Owner Benefit Levels
Benefit Level
Percent of Vacation Club Points
which may be traded for Marriott
Rewards points annually
Owner
Select
50%
Executive
Presidential
Chairman’s Club
65%
75%
Trading Timeframe
Timeframe to Trade for Marriott
Rewards points
When you will receive the
Marriott Rewards points
25 months prior to 3 months after
the beginning of your Use Year
Within two days
The Shelbourne, Dublin, A Renaissance Hotel
Marriott Rewards program
AC Santo Mauro, Autograph Collection®, Madrid, Spain
Redeem at 15 Unique Brands
Hotel Redemption Schedule:
Marriott Rewards points per night*
Hotel
Category
1 night
Category 1
7,500
Category 2
10,000
Category 3
15,000
Category 4
20,000
Category 5
25,000
Category 6
30,000
Category 7
35,000
Category 8
40,000
Category 9
45,000
Redeem four
nights and the
fifth is free
* The number of Marriott Rewards points per night is subject to change
More Information:
• Trade for Marriott Rewards
points:
www.My-Vacationclub.com
Residence Inn Mont Tremblant
Manoir LaBelle, Canada
JW Marriott Cancun Resort and
Spa, Mexico
• Learn more and redeem:
www.Marriott.com
We discussed:
1. Vacation planning resources
2. Your Use Year
•
•
•
Banking Vacation Club Points
Borrowing Vacation Club Points
Transferring Vacation Club Points
1.
2.
3.
4.
Marriott Vacation Club® Collection
Explorer Collection
World Traveler Collection
Marriott® Collection
3. Ownership Levels and Benefits
4. Planning vacations throughout
the Marriott Vacation Club
Destinations Program:
G Adventures Sailing, Thailand
VacationClubLearningCenter.com
Thank you for your participation!
Call Marriott Vacation Club Owner Services with
additional questions
Available Monday through Friday from 9 a.m. to 9 p.m. Eastern Time
Saturday and Sunday from 9 a.m. until 5 p.m. Eastern Time
(888) MVCI-VOA
(888-682-4862)
Points Owners Webinar Legal Disclaimers
•
•
•
•
Marriott Vacation Club Collection:
–
The Marriott Vacation Club Collection is comprised of timeshare interests owned by the MVC Trust and available for usage
through the Marriott Vacation Club Destinations timeshare plan and timeshare interests available for usage through the MVC
Exchange Company; please see the applicable Marriott Vacation Club Destinations Exchange Program Documents for more
information. Resorts with property that comprise the MVC Trust are described in the documents provided at the time of sale, and
more particularly on the exhibit entitled Component Site Chart, which may be revised from time to time. Request for occupancy at
resorts with small amounts of property in the MVC Trust, as set forth in the Component Site Chart, will be fulfilled primarily through
the Marriott Vacation Club Destinations Exchange Program. As of 04/15/2012 , there are currently timeshare interests located at
41 resorts owned by the MVC Trust and those resorts are designated with the T symbol (as of February 26, 2013, this will increase to
43 resorts). As of 04/15/2012 , there are currently 52 resorts, including the aforementioned 41 resorts, with timeshare interests
available for exchange through the Marriott Vacation Club Destinations Exchange Program, and those resorts are designated with
the E symbol [Please see the applicable Marriott Vacation Club Destinations Exchange Program Documents for more
information.]
Explorer Collection:
–
Access to the Explorer Collection is made available through the Marriott Vacation Club Destinations Exchange Program and is subject to the
terms and conditions as outlined in the applicable Marriott Vacation Club Destinations Exchange Program documents. Actual experiences will
be provided via contractual arrangements with third party providers and may require the payment of additional fees. [The experiences
described herein are examples of potential vacation opportunities and are subject to change. Marriott International, Inc., its affiliates, and
subsidiaries, make no warranty, express or implied, as to the condition, capacity, performance or any other aspect of the activities, events, or
service providers listed herein. No inquiry has been made into the activities or events, or the qualifications or the quality of services offered
by the providers. Do not consider this an endorsement of or recommendation for any of the activities, events, or providers.]
Marriott Collection:
–
Access to the Marriott Collection is provided via membership in the Marriott Rewards® program, and is subject to the Marriott
Rewards Terms & Conditions and the terms and conditions as outlined in the applicable Marriott Vacation Club Destinations
Exchange Program documents. Actual participating resorts and hotels are subject to change. The Marriott Rewards program may
be discontinued at any time
World Traveler Collection:
–
Access to resorts and services described as part of the World Traveler Collection is provided via an affiliation with Interval International, Inc.
and is subject to Interval International, Inc.’s terms and conditions. Actual participating resorts are subject to change. Participation in the
World Traveler Collection may require the payment of additional fees.
MDC-10-031P