How about looking at this like this:
Hyatt residence Club Maui 2 bedroom, 2 bathroom = $65,000 purchase + $2,200 annual dues
Most people will not own a home, let alone a timeshare, for 30 years and use it 100% efficiently. So I will try to “estimate” the true cost and use of this purchase over 15 years.
I would assume a 15 year use with 50% depreciation (i.e. resale value) and annual dues going up only $100 per year. I personally think this is very conservative and it may be much worse that my estimate, and highly doubtful it will be better that what I estimate. Look at Four Seasons, Ritz Carlton, and a few other high end timeshares to see that NONE of them hold original developer values.
Annual dues increases (based on + $100 per year) – BUT this is cumulative and increases more rapidly as the annual dues goes up. I personally think a 5% is a better estimation and that would be $150 per year increase on $3,000 annual dues – so my estimate is very low.
100+200+300+400+500+600+700+800+900+1000+1100+1200+1300+1400+1500
15 Year Hold Plan
$32,500 depreciation + $33,000 annual dues + $12,000 annual dues increases = $77,500 spent over 15 years
$77,500 / 15 years = $5,167 per year cost to own
$5,167 / 7 nights = $738 per night cost to own
Thus, IF you use it every year for 15 years and there is a 50% net resale value (resale value at $32,500 after commissions and fees) if you sell and there is only a $100 per year increase in dues each year (I actually think it may be more like $150 per year and remember this is cumulative) THEN you would still be paying $738 per night for this room.
Also, if you consider the value of $65,000 invested in something like a bond at 3%, that would generate almost $2,000 per year, but that is a totally different discussion – BUT it is a worthwhile discussion when someone is spending $65,000 and $2,000 per year interest would be equivalent to $286 per night credit for 7 nights and this will really make your head spin if you focus too much on it, but anyone that has $65,000 cash to buy a Hyatt timeshare should UNDERSTAND that there are alternative ways to spend this money than buying a timeshare that will probably drop like a rock in value along with being locked into a property with skyrocketing annual dues.
So your estimate of $570-$650 per night is way too low in my opinion.
You stated that you normally stay in $400 per night rooms and that you would accept $600-$700 per night, so this may be affordable to you, BUT I would invest the $65,000 in an income producing investment such as bonds, dividend stocks, rental property down payment, and simply RENT the same Hyatt unit in cash (I am sure you can get it cheaper than $1,200 per night) or many other units in Maui or anywhere in the world on VRBO or HomeAway or Redweek.
Also, if you do buy this, then I think trading for something else will definitely not get you an equivalent property value and that will actually be a loss, but this too is a complicated equation to solve.
