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Author Topic:   Upgrade Silver week
ArBravesFan

TUG Member

Posts: 90
From: White Hall, AR, Marriott Ocean Point, Horizons by Marriott Branson, MO
Registered: Jun 2004

posted 05-09-2005 11:05     Click Here to See the Profile for ArBravesFan   Click Here to Email ArBravesFan     Edit/Delete Message   Reply w/Quote Post A Reply
I own a silver week at Ocean Point. Does Marriott have a process where you can pay to upgrade from silver to gold or platinum?

Any info from TUGers would be appreciated.

Thanks!

Mark

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floyddl

TUG Member

Posts: 164
From: Raleigh, NC
Registered: Nov 2004

posted 05-09-2005 11:29     Click Here to See the Profile for floyddl   Click Here to Email floyddl     Edit/Delete Message   Reply w/Quote Post A Reply
Yes, they have an equity upgrade progam which allows you to sell your existing week to them at 60% of current market price and purchase another week so long as there is at least 15K difference between the purchase price and and the amount they buy your week for. They seem to tweak this program constantly so you should contact a Rep to confirm the 60% and 15K are the current numbers.

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heislerj

Non Member

Posts: 97
From: Wexford,PA, USA
Registered: Apr 2004

posted 05-09-2005 13:00     Click Here to See the Profile for heislerj   Click Here to Email heislerj     Edit/Delete Message   Reply w/Quote Post A Reply
I do not believe that this is correct. I believe it is $15,000 over the current value or selling point of the resort you are selling. Therefore, if the silver week is going for $12,000, you would have to buy something that is at least $27,000.

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floyddl

TUG Member

Posts: 164
From: Raleigh, NC
Registered: Nov 2004

posted 05-09-2005 13:49     Click Here to See the Profile for floyddl   Click Here to Email floyddl     Edit/Delete Message   Reply w/Quote Post A Reply
You are correct it 15K difference in selling price of the two weeks. I would still check with Rep since this equity upgrade program seems to constantly change.

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Art

TUG Member

Posts: 1039
From: Grand Island, NY
Registered: Dec 2000

posted 05-10-2005 16:06     Click Here to See the Profile for Art   Click Here to Email Art     Edit/Delete Message   Reply w/Quote Post A Reply
To be even more specific, the $15,000 difference is based on the Marriott "list" prices for the weeks involved.

However, your trade-in value is some fraction (60% ?) of the lower priced week so your net cost to up-grade is somewhere beyond $15,000.

Art

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GrayFal

TUG Member

Posts: 2411
From: The Hamptons, NY
Registered: Aug 2001

posted 05-11-2005 19:30     Click Here to See the Profile for GrayFal   Click Here to Email GrayFal     Edit/Delete Message   Reply w/Quote Post A Reply
The most important part of the equation is whether Marriott wants your non-platinum week. At Fairway Villas, Marriott will only allow you to upgrade using a Platinum week. Many Gold and Silver weeks do not qualify for the upgrade program - be sure to check with Marriott to see if they are interested before you get your hopes up.

------------------
Pat
My Trips and Travel Website - Pictures and More...
Marriott Grande Vista Owners Group

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Badman

TUG Member

Posts: 30
From: Orlando,fl
Registered: Apr 2005

posted 05-12-2005 18:49     Click Here to See the Profile for Badman     Edit/Delete Message   Reply w/Quote Post A Reply
As of last December, the 15K minimum increase in list price when trading to a different resort was no longer applicable. The 15 K increase never applied to upgrades in your home resort. Also, they were accepting silver Ocean Pointe weeks as trades last December. However, as others have stated, Marriott constantly change the terms of the program and what they accept as an upgrade, so you do need to check with Marriott.

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