Are you an owner of a Marriott Vacation Club timeshare or looking to become one? If so, you know how valuable this vacation ownership brand is. With Marriott Vacation Club, you can convert points into dream vacations at hundreds of resorts worldwide. The accommodations at these resorts offer all the conveniences of home and incredible amenities, including swimming pools, golf courses, restaurants, and spas. As a timeshare owner, you are also responsible for paying Marriott timeshare maintenance fees. Owners of Marriott Vacation Club timeshares, whether they own points or a fixed week, are required to pay maintenance fees every year. Our objective in this article is to give you all the information you need regarding Marriott Vacation Club’s annual maintenance fees so you can be fully aware.
About Marriott Vacation Club
With over 60 resorts and 400,000+ members, Marriott Vacation Club is one of the biggest and most popular timeshare brands. One reason MVC is so popular is the benefits for Marriott Vacation Club owners. Among the benefits available to owners are the Marriott Bonvoy rewards program, flexible vacation planning, and much more! In addition, buying Marriott timeshares on the resale market is a great way to save tons of money while getting more points. After all, the more points you own, the more benefits you receive.
Abound by Marriott Vacations, a brand-new owner program designed to provide more destinations, more brands, and more choices that make vacationing even better for all travelers has been launched. This is in response to the forecast of $1.7 trillion in leisure travel spending by 2027. Travel is a key aspiration for millennials, who account for nearly a quarter of Marriott’s first-time buyers. This program allows owners access to over 90 vacation club resorts across Marriott Vacation Club, Sheraton Vacation Club, and Westin Vacation Club. In addition to access to 8,000 Marriott Bonvoy hotels, 2,000 vacation homes, and 2,000 unique experiences. Unique experiences range from cruises to guided tours to safaris and much more.
What Are Marriott Timeshare Maintenance Fees?
Whether you own a fixed-week timeshare or a points-based timeshare, you are required to pay Marriott timeshare maintenance fees. These fees are very important in order to keep your timeshare resort in the best condition and make them even better. A good way to look at maintenance fees is to think of them as the timeshare equivalent to the cost associated with running a home. Homeowners can’t stop paying for their house’s upkeep and normal fees. To some people, these fees outweigh the benefits of vacation ownership. But, for those who travel annually, this is a great way to save money. In fact, Consumer Reports says that “after 30 years, the cost of ownership would be less than half of renting a similar hotel room.” Before buying, make sure to factor in the annual maintenance fees.
How Does Marriott Vacation Club Determine the Price of Its Timeshare Maintenance Fees?
Normally to determine maintenance fees, the Home Owners Association (HOA) will come up with an operating budget. From there, they divide it among all the owners. The details of your ownership will outline what you pay. This takes into account things like if you have points or a fixed week, what unit you have as well as the season.
On average, American Resort Development Association found that the average maintenance fee for a timeshare is around $1,000. Marriott usually is on the higher side due to their dedication to making each resort as high-quality as possible. When you stay at a Marriott resort, you expect fabulous amenities and world-class accommodations synonymous with the Marriott brand. Maintenance fees make that happen.
What Do Marriott Timeshare Maintenance Fees Go Towards?
As mentioned previously, Marriott uses maintenance fees to make each resort as great as possible. Additionally, this money goes towards staffing and property taxes. They also usually have a reserve fund that is saved for any unexpected costs like a natural disaster. Your Marriott Vacation Club maintenance fees support landscaping, utilities, housekeeping, renovations, and more. It is never fun paying maintenance fees, but for many timeshare owners, the fees outweigh the liabilities of owning their own vacation home.
When Are Maintenance Fees Due?
The majority of owners receive their maintenance fees in November, and the payment is due in January. However, the schedule could vary based on your home resort. Marriott allows owners to pay portions of their fees monthly if they prefer.
Buy a Marriott Timeshare
The resale market is the perfect place if you want to become a Marriott owner or add to your existing membership. You can find a great deal and start your ownership cheaper than buying directly. We have a fabulous marketplace of Marriott timeshares for sale. You can find Marriott resorts in Aruba, Hawaii, Florida, and even across Europe. Start the process today by browsing our selection of timeshares for sale.
Rent Out Your Marriott Timeshare
If you can’t use your timeshare this year or any year, renting out your timeshare is a great way to cover your annual maintenance fees by putting some extra money in your pocket. Our experts are here to help advise you through the process. Give us a call today at 1-800-610-2734 to start the renting process.
How Can You Sell Your Marriott Timeshare?
Suppose your maintenance fees are piling up, and you don’t see vacation ownership working out for you anymore. In that case, Timeshares Only is here to help you sell your timeshare. Timeshares Only is a Member of ARDA, with an A+ Rating on the BBB as an Accredited Business. Get started by calling us now at 1-800-610-2734.