On April 30, 2015, Marriott Vacation Club Destinations Owners will experience an enhancement to the benefits they receive based on their Benefit Level. These changes are sure to be very well received since it has a benefit to the majority of Owners.
Now exceeding 420,000, it’s clear that our Owners are more diverse than ever. To better tailor the Ownership experience on an individual basis, Benefit Levels will be structured into 5 different levels.
| Benefit Level | Annual Vacation Club Points |
|---|---|
| Owner | Less than 4,000 Points |
| Select | 4,000-6,999 Points |
| Executive | 7,000-9,999 Points |
| Presidential | 10,000-14,999 Points |
| Chairman's Club | 15,000 Points or more |
Most new levels come with added benefits including enhanced booking windows, improved borrowing rules, and extended banking timeframes and deadlines.
Booking Windows
At the Select Level, Owners can begin making 7 night reservations up to 13 months in advance without a Point Premium. Securing reservations earlier will be a big plus for Owners who can hardly wait to get on vacation. At the Executive level, Owners can begin making reservations up to 13 months in advance for any length of stay. It’s just another way we can make our Owners’ plans more flexible and meet more of their individual travel needs.
Borrowing Rules
Every Owner will experience one phenomenal improvement to the flexibility of their Points. Currently, if an Owner borrows Points for a reservation which is later cancelled, the Borrowed Points expire at the end of the use year they were borrowed into. This can be frustrating for Owners since plans can often change. At the same time that these enhancements to Owner Benefits are rolled out, the timeframe to use Borrowed Points will be improved so that Borrowed Points will retain their original expiration date. More Owners can secure their dream vacation with the peace-of-mind from more flexibility to change their plans at a later time.
Banking Timeframe
Banking Points allows Owners to supplement their one-year Points total for a more luxurious vacation, or to hold their Points over if they have fewer vacation plans one year. Currently, all Owners have the same deadline and timeframe to use Banked Points. One enhancement that will be well-regarded by Owners at an Executive Level and higher is an extended deadline to Bank their Points. This will give these Owners more time to establish their vacation plans for the current year before they commit to Banking. Certain Owners will also appreciate the ability to use Banked Points for longer than one additional year: Presidential level Owners will use Banked Points for another 18 months and Chairman’s Club Owners will use Banked Points for another 2 years.
At higher Benefit Levels, Owners will continue to enjoy existing benefits such as Luxury Cruise Tiers, Premier Events, a dedicated phone line and more. By enhancing our Benefit Levels, we say thank you to our valued Owners and make the Ownership experience that much more memorable.
