If you’re a timeshare owner or considering buying one, you may have heard about the recent merger between Vistana Signature Experiences and Marriott Vacation Club. This news has left many wondering what it means for their ownership and vacation experiences. In this article, we’ll take a closer look at the Vistana and Marriott Vacation Club merge.
What is Vistana Signature Experiences?
Vistana Signature Experiences is a timeshare company that offers vacation ownership at luxurious resorts in destinations like Hawaii, Florida, California, and more. They offer flexible points-based ownership that allows owners to customize their vacations to fit their needs.
What is Marriott Vacation Club?
Marriott Vacation Club is another well-known timeshare company that offers vacation ownership at over 50 resorts worldwide. Their ownership options include traditional week-based ownership, points-based ownership, and even fractional ownership.
What does the merger mean?
In 2018, Vistana Signature Experiences was acquired by ILG Inc., which also owns Interval International. Then in late 2019, ILG Inc. was acquired by Marriott Vacations Worldwide Corporation. This brought together two of the biggest names in the timeshare industry under one umbrella.
Benefits of the merger
One of the biggest benefits of this merger is the expanded portfolio of resorts available to owners. With both Vistana and Marriott Vacation Club resorts now accessible to each other’s owners through exchange programs like Interval International and Marriott Bonvoy, there are even more vacation options to choose from.
The merge also brings together two companies with a focus on exceptional customer service and high-quality resort experiences. This means that owners can expect even better service and amenities at their home resort as well as when traveling to other properties.
Potential drawbacks
As with any major corporate change, there are potential drawbacks to the merger. One concern for some owners is the possibility of changes to their ownership contracts or fees. However, both Vistana and Marriott Vacation Club have assured owners that their contracts will remain unchanged.
Another potential drawback is the possibility of increased demand for popular resorts and vacation times. With more owners having access to a wider range of vacation options, it’s possible that some peak vacation times or in-demand resorts could become more difficult to book.
Conclusion
Overall, the merger between Vistana Signature Experiences and Marriott Vacation Club brings together two of the most well-respected names in the timeshare industry and offers owners even more vacation options and exceptional resort experiences. While there may be some potential drawbacks, both companies have assured owners that their ownership contracts will remain unchanged.