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Author
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Topic: How does starwood determine starpoint values?
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djp
TUG MemberPosts: 50
From:
Registered: Aug 2004
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posted 02-22-2005 12:43
   
I just read a post regarding harborside ownership. In the post the gentlemen stated that a 3 bedroom harborside (at $50k+) has a starpoint value of 196,000! That is alot!!! Ever since we purchased our timeshare from Starwood I have been wondering how they determine the value. When we initiaally purchased our summer week at SMV in Avon for $24k it had a starpoint value of 33,000. We recently traded that in for a ski week which cost $35k and hass a starpoint value of 85,000. What are the starpoint values of the other resorts? How are they determined?IP: Logged |
dbmMayer
TUG MemberPosts: 1955
From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis
Registered: Jul 2003
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posted 02-22-2005 13:07
I think you are talking about Star OPTIONS, not Star POINTS. If you turn your week over to Starwood, instead of using it, they give you StarPOINTS, which can be used for hotel stays or airfare. But when you exchange within the Starwood system, you are using Star OPTIONS as your exchange value. I believe the poster was describing StarOPTIONS. Since there are very few Starwood TS's that are 3 bedroom and since Harborside, Ka'anapali and St. John are the 3 most difficult resorts to get into, it's possible that the units could be worth 196,000 StarOPTIONS. Currently, that would be the highest StarOption value in the Starwood system. The two bedroom units at the big 3 resorts, during peak season, are worth 146,000 StarOptions. StarOptions chart - http://www.starwoodvo.com/ownership/staroptionChart.jsp
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Denise
[This message has been edited by dbmMayer (edited 02-22-2005).] IP: Logged |
djp
TUG MemberPosts: 50
From:
Registered: Aug 2004
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posted 02-22-2005 13:23
Quoting peter cooper from harborside post
Furthermore: IMHO (and in total ignorance, never having done this before) seems like the 3 BR L/O, esp. platinum period, is highly desirable for trading weeks; we got 125,000 *pts as a signing bonus; we get 196,000 *pts if we don't use our share (alternating yrs only);
He may be misinformed, but it looks like he is talking about points not options
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theunitrep
TUG MemberPosts: 89
From: Vista, CA Own at: Westin Ka`anapali, Sheraton Mountain Vista and Parkway International
Registered: Feb 2004
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posted 02-22-2005 15:24
djp --I copied this from mystarcentral to answer your original question:
Q: How is my Starpoints valuation determined?
A: Your week has a Starpoints value assigned to it based on the resort, your Villa Type, View and the Season you own. You will find the your Starpoints valuation in the Your Information section of this website. To access this area, click the Your Information link in the top navigational bar, then select "What I Own."
By the way....
I agree with you regarding what Peter was referring to in his post -- StarPoints not Star Options. It is amazing if Starwood is valuing a 3-bedroom week at 194K Starpoints. Hopefully for Peter's sake, the value is correct! Jerry IP: Logged |
djp
TUG MemberPosts: 50
From:
Registered: Aug 2004
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posted 02-22-2005 15:47
I understand what my week is valued at- 85,000 points, my question is how in the world do they come up with that? It does not seem to be based directly on cost?IP: Logged |
dbmMayer
TUG MemberPosts: 1955
From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis
Registered: Jul 2003
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posted 02-22-2005 17:22
quote:
Originally posted by djp:
Quoting peter cooper from harborside post
Furthermore: IMHO (and in total ignorance, never having done this before) seems like the 3 BR L/O, esp. platinum period, is highly desirable for trading weeks; we got 125,000 *pts as a signing bonus; we get 196,000 *pts if we don't use our share (alternating yrs only);
He may be misinformed, but it looks like he is talking about points not options
I assumed that he was mixing the two up, because my 2 bdm. at the Westin Ka'anapali only gets 80,000 StarPoints. If he gets 196,000, then he gets over twice as many for his 3 bdm.? ------------------
Denise IP: Logged |
theunitrep
TUG MemberPosts: 89
From: Vista, CA Own at: Westin Ka`anapali, Sheraton Mountain Vista and Parkway International
Registered: Feb 2004
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posted 02-22-2005 19:42
It definitely isn't based solely on cost. If that was the case, our two bedroom lock off on Ka`anapali would have a higher Starpoint value than our 2 bedroom lock off at SMV (ski week). As it is, Ka`anapali receives 5K less Starpoints when compared to SMV (80K v. 85K).Maybe Mountain Vista ski weeks get more Starpoints since there are only 17 as compared to 50 floating weeks at WKORV. Jerry IP: Logged |
readyalready
TUG MemberPosts: 486
From: Englewood, CO
Registered: May 2001
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posted 02-22-2005 19:59
I'm pretty sure I remember seeing on the StarOPTION chart that the 3 bed Harborside is 196k so I think Pete did confuse the two. It makes sense, it would have to be more than the 2 bedrooms at 148k. I can't believe for a second that Starwood is that generous on the starpoints.IP: Logged |
PeterCooper
Non MemberPosts: 16
From:
Registered: Feb 2005
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posted 02-22-2005 21:51
No fooling you guys!
Yup, I wrote Starpoints, should have been StarOPTIONS.
Big difference.
Nonetheless, 196,000 options should get us a couple of nice vacations, no?IP: Logged |
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