If anyone bought a timeshare to convert to points, they made a very, very poor decision.
Who wish to go to Disney every year? All the Marriott owners I know heavily rely on trading their weeks for points and are very concerned with the recent changes. If the nights which we trade-in are later sold by Marriott at ever increasing rates (they doubled since 2001) why would not be fair to adjust the points that we receive for them just a bit? If the hotel industry is booming and we somehow invested in it, why are owners going backwards? Otherwise, in a few years our points will worth nothing (and eventually TS sales will drop steeply). Personally, I have already decided not to refer any more friends to MVCI until this situation is not addressed.
By the way, why Marriott sold points dirty cheap at $0.01 each until last week, offers different bonus including up to 225,000 when you buy a $17,000 timeshare if, at the same time, they are forced to put heavy restrictions to their program because of the large amount of points in the market claiming for rewards?
It's not only a points devaluation (or hotel revaluation) problem but also Standard Rewards are now impossible to find at the most desirable destinations, Stay Anytime Rewards climbed to 100% over SR, and, if you are lucky to find a SR, its cancellation deadline is months ahead your planned stay, and the list goes on....