Results 1 to 8 of 8

Thread: Starwood changes SVN rules....affects II deposits

  1. #1
    Silver Contributor and supermoderator GrayFal's Avatar
    Join Date
    Jun 2005
    Posts
    24,093

    Lightbulb Starwood changes SVN rules....affects II deposits

    looking for harborside at atlantis for august 2014....have a request in using a starwood week so would have preference.
    hve had the request since last year when the DID deposit some late august units....send me a pm when you see the bulk fall deposits come in.

  2. #2
    Silver Contributor and supermoderator GrayFal's Avatar
    Join Date
    Jun 2005
    Posts
    24,093
    Quote Originally Posted by GrayFal View Post
    looking for harborside at atlantis for august 2014....have a request in using a starwood week so would have preference.
    hve had the request since last year when the DID deposit some late august units....send me a pm when you see the bulk fall deposits come in.
    Still "looking" for this....my last Starwood deposit. We have not seen the large deposits in II recently.

    They changed how SVN members can use their Staroptions and it is definitely affecting II deposits.

  3. #3
    Super Moderator chriskre's Avatar
    Join Date
    Apr 2009
    Location
    Miami, FL
    Posts
    10,922
    Quote Originally Posted by GrayFal View Post
    Still "looking" for this....my last Starwood deposit. We have not seen the large deposits in II recently.

    They changed how SVN members can use their Staroptions and it is definitely affecting II deposits.
    So what has changed at Starwood?
    Are points no longer expiring within the year?

  4. #4
    Senior Member
    Join Date
    Jul 2011
    Location
    Montgomery, IL
    Posts
    709
    Quote Originally Posted by chriskre View Post
    So what has changed at Starwood?
    Are points no longer expiring within the year?
    If you're an owner in the SVN, you can now "bank" your points until the next use year. This allows you to save up for a resort you wouldn't normally be able to internally exchange for. It seems to have thrown off the bulk deposits a bit this year.
    Scott

  5. #5
    Silver Contributor and supermoderator GrayFal's Avatar
    Join Date
    Jun 2005
    Posts
    24,093
    Quote Originally Posted by scootr5 View Post
    If you're an owner in the SVN, you can now "bank" your points until the next use year. This allows you to save up for a resort you wouldn't normally be able to internally exchange for. It seems to have thrown off the bulk deposits a bit this year.
    Yes and it has also screwed up the SVN Resies as now a whole new group of owners are competing for the same inventory. You can also make less then 7 day Resies further out effectively "breaking up" full weeks that in the past would have been deposited.
    On the RCI side, as Scott reported, Starwood continues to bulk deposit weeks many months before owners can reserve at their home resort....

    Everything Starwood does benefits Starwood, not the timeshare owners.
    Sad.

  6. #6
    Aren't they also now selling "special priced" StarOptions to use at any resort? That could have an impact, as well.
    Angela

    If you change the way you look at things, the things you look at change.

    BTW, I'm still keeping track of how many times you annoy me.

  7. #7
    Super Moderator chriskre's Avatar
    Join Date
    Apr 2009
    Location
    Miami, FL
    Posts
    10,922
    Quote Originally Posted by GrayFal View Post
    Yes and it has also screwed up the SVN Resies as now a whole new group of owners are competing for the same inventory. You can also make less then 7 day Resies further out effectively "breaking up" full weeks that in the past would have been deposited.
    On the RCI side, as Scott reported, Starwood continues to bulk deposit weeks many months before owners can reserve at their home resort....

    Everything Starwood does benefits Starwood, not the timeshare owners.
    Sad.
    I can see how in the short term it would screw up inventory but in the long term it should all balance, no?
    I know that in HGVC you can bank and borrow points and it seems we have a good amount of club inventory available if you are willing to plan.

    Now HGVC also still deposits to RCI way ahead of club deadlines, which I'm not sure why.
    How does it benefit the developers like Starwood & HGVC to do bulk deposits to the exchange companies instead of making it available to the club members first?

    DVC was doing this but now they seem to be more in line with the club timelines which IMO is the way it should be.
    Why the other developers are not doing this makes no sense to me but what do I know.
    Is it because they are giving this inventory to II and RCI to rent instead of exchange?
    Are these weeks that are owned by the developer or possibly foreclosures that are being deposited?

  8. #8
    Senior Member
    Join Date
    Jul 2011
    Location
    Montgomery, IL
    Posts
    709
    Quote Originally Posted by chriskre View Post
    I can see how in the short term it would screw up inventory but in the long term it should all balance, no?
    I know that in HGVC you can bank and borrow points and it seems we have a good amount of club inventory available if you are willing to plan.

    Now HGVC also still deposits to RCI way ahead of club deadlines, which I'm not sure why.
    How does it benefit the developers like Starwood & HGVC to do bulk deposits to the exchange companies instead of making it available to the club members first?

    DVC was doing this but now they seem to be more in line with the club timelines which IMO is the way it should be.
    Why the other developers are not doing this makes no sense to me but what do I know.
    Is it because they are giving this inventory to II and RCI to rent instead of exchange?
    Are these weeks that are owned by the developer or possibly foreclosures that are being deposited?
    I would think it should eventually even out after the first year or so.

    My guess is they are foreclosures being deposited. As to why? It gets them fresh bodies to try and sell to.
    Scott

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •