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Maximize Your Vacation OwnershipSummer 2011
 Greetings!

About half of my clients have now enrolled in the Destinations Club program. I even broke down and enrolled my own weeks at the end of June. I plan on using my 800 bonus points for 4 nights in Park City which justifies the enrollment fee. The challenge now is to use the points wisely.  Cruises are one of the many options that Marriott promotes spending your points on. But is it a good deal? This newsletter will answer that important question.

 

On a side note: I will be out of the office for most of September hosting 40 Marriott owners on a Danube River Cruise.  Please contact me with any future travel plan requests as soon as possible. 

Cruises - Pay with Cash or Points?


Large ship cruising is as popular as ever. The hot new destinations are the South Pacific and Australia/New Zealand. The old standbys such as Alaska and the Caribbean continue to attract cruisers due to the cost-effectiveness of getting to the departure ports.

 

Marriott owners have several choices on how to pay for a cruise:

 

Use Marriott Rewards points - 145,000 points = $1,000 cruise credit.   

 

Trade a week with Interval International and receive credit towards a cruise - the cruise credit averages $600. 

 

Use Club points towards a cruise - Club points needed for a 7 day cruise for 2 people range from 3,750 to 13,000 Club points plus taxes and fees. Upgrade the cabin or share the cabin with your children and your out-of-pocket cost escalates. 

 

Oceania CruisesI checked on a cruise for a client to the Caribbean, 4 people to a cabin. This cruise cost $4,760.  Marriott required 7,500 Club points plus $2,160. If you own a Platinum week in Arizona, you would need to elect Club points for 3 years to acquire 7,500 points. Don't you think giving up 3 years of timeshare usage is worth much more than the difference of $2,600? I do. 

 

One of my clients called Marriott and was told that a Regent Seven Seas cruise to Australia in a balcony cabin, costing $23,600, would require 13,000 Club points (sounds like a deal, right?). What they didn't tell her was the additional cost was $17,100.

 

What you have to calculate is "what are your weeks worth that would be used to acquire these Club points?". At a minimum your ownership weeks cost you your maintenance fees -- at least $1,000 per week of ownership. In the Regent Seven Seas example above, many of you would need to turn in at least 4 ownership weeks to acquire 13,000 points equivalent to $4,000 in maintenance fees. In this example you save $2,500 but would you not receive more value by staying at your timeshare? You could even rent your week for more than your maintenance fees and use that money to pay for the cruise.

 

The moral of this story is to pay for your cruise with cash and enjoy your timeshare stays or turn your timeshares into cash by renting them to pay for the cruise. 

 

Marriott Announces New Name for Spinoff

This month, Marriott International moved one step closer towards the planned spinoff of the timeshare division. The new company will be called Marriott Vacations Worldwide Corp.  

 

I am glad to see that Marriott's name is still associated with the new company.  


I hope you found this newsletter valuable. If you would like us to help you book a cruise and/or evaluate the best method to pay for it, please contact us to set up a consultation appointment.

 Pam Keystone Pam's Photo
 The Art of Vacationing
 Office: (480) 629-5559
 Cell: (480) 363-2875
 Fax: (602) 467-3181
 Pam@TheArtofVacationing.com
 www.TheArtofVacationing.com

    "Ownership Simplified"


The Art of Vacationing is not affiliated with or endorsed by Marriott Vacation ClubŪ.
Provence
Eiffel Tower
Spring in Paris! What could be better? One cabin is remaining on the Marriott owners River Cruise in Provence that I am hosting May 17-24, 2012. Contact me for details.

 

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By September 30th


The deadline date to elect Destinations Club Points for your 2012 ownership weeks is September 30, 2011. Don't miss this date as Marriott is very strict regarding these deadlines. If we manage your weeks for you, please contact us as soon as possible to discuss the strategy for next year's ownership

 

Marriott has extended the price and incentives to enroll in the new program until later this year. If you haven't enrolled yet you can still do so for $595 or $695 (for multiple weeks) and receive an incentive of 800 Club points. 

 

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If you find these newsletters valuable, then think of all the other Marriott owners you know who would also benefit from reading them. Please forward this to your friends and family that own with Marriott so they too can MAXIMIZE THEIR OWNERSHIP.