Hyatt trades with Interval International

[hcarman]

We bought a Hyatt property earlier this year. We haven't booked it for the first time yet as it is an EOY usage. We understand that Hyatt maintains an Interval International account for owners. However, we have not see any documentation from Interval like membership cards.
With my Marriott properties we receive an Interval membership card each year and we have an account we can log into independent of Marriott where we can see our units, make exchanges, check availability, etc. Does Hyatt have the same set up? I just see reference to calling them to have them book and check availability. I kind of like looking at this stuff myself, as many times properties become available during times Hyatt Residence Club might not be open. If we do have an Interval account that we can access independently, how do we go about setting it up? Should we have received something from Interval with the account number? All we have is the catalog that they gave us.
Also, I assume our membership is good every year - even though we have an EOY - since we can bank points with Interval.

Lastly, it looks like Hyatt units are assigned points - you use these to trade into Interval. But, you can only book weeks with the points. So, it appears as though it would be easy to end up with points balances that are too small to be used for a week. I guess they can be combined with future points? How long are they good for if you bank the extras with Interval. Or can you not do that - do you have to make an exchange prior to giving your points to Interval.

Sorry, very confused. I am used to thinking "weeks" with Interval. But I know there are some Hyatt experts on here.

 

[MaryH]

One of the issues with a single small points contract is the leftover points. They can be hard to use, especially if they are in LCUP.

The Hyatt II account is a corporate account. When I had my own membership in II, they are separate. I also believe you have to pay the club dues in the off years. I looked at an EOY for a 2nd Hyatt purchase and one of the reason that had me sitting on the fence is that the fees are per ownership. for 1.5 weeks of annual membership, I would need 2 II membership fees (build into the Hyatt member due) per year.

If you bank points with II, you need to do it 2 months after your HRPP expired or 4 months before your use week. One issue is that you cannot trade up in size with Hyatt points which you sometimes can do with regular weeks during the 60 day window or some other scheme such as CI have reduced points requirements close in. Hyatt points are constant without any discount. If you exchange directly, you can do it up to the use week.

You can sometimes get AC but I am not sure how it works. I have an AC in my II account but it is not from any deposit or exchange. Not sure if you get an AC only if you deposit a Red week or exactly how it works.

 

[hcarman]

Thanks for the info. Still a little confused about the Hyatt Interval Account. Can I access it on my own online? Now that I am part of the Marriott Destination Club the Interval account is also a corporate account. But, I can access it just like I did previously. Just log into Interval and my units are there.
Is is the same with Hyatt? I haven't received anything from Interval with my Hyatt account number or anything.

 

[heathpack]

Thanks for the info. Still a little confused about the Hyatt Interval Account. Can I access it on my own online? Now that I am part of the Marriott Destination Club the Interval account is also a corporate account. But, I can access it just like I did previously. Just log into Interval and my units are there.
Is is the same with Hyatt? I haven't received anything from Interval with my Hyatt account number or anything.

Yes, you can access your Hyatt account online, you get a membership card, etc. I don't recall exactly how I set this up but I know I needed to contact Interval from my end. Call Hyatt, their customer service is excellent and they will tell you what to do. 1-800-gohyatt.

H

 

[heathpack]

Also, you do not book any Hyatt units through Interval. You book all Hyatt units through Hyatt directly, either on the phone or online at Hyatt Vacation Club. So be sure to set up your Hyatt Vacation Club online account as well.

H

 

[heathpack]

Lastly, it looks like Hyatt units are assigned points - you use these to trade into Interval. But, you can only book weeks with the points. So, it appears as though it would be easy to end up with points balances that are too small to be used for a week. I guess they can be combined with future points? How long are they good for if you bank the extras with Interval. Or can you not do that - do you have to make an exchange prior to giving your points to Interval.

Sorry, very confused. I am used to thinking "weeks" with Interval. But I know there are some Hyatt experts on here.

In Hyatt, you either reserve your own unit (or part thereof) or you give it up to Hyatt. If you give the unit to Hyatt, they issue you your points in return.

With your points you can:
1. Book a 2, 3, 4, or 7 day stay in a Hyatt property according to the points chart
2. Deposit in Interval for exchanges into full weeks at non-Hyatt properties

There are a few other options- short stay exchanges and cruise exchanges in II, but items 1&2 are your basic usage options.

Once you exercise option 2, you cannot put the points back into the Hyatt system. Points are good for 2 years after being deposited in II and they can be combined over multiple years. Say your next use week is week 1 2014. You can reserve your unit week 1 2013 until week 26. If you do not reserve by week 26, your unit goes to Hyatt and you are issued points. The points must be deposited in II by 4 months prior to your owned week, so you could deposit as late as August 2013 and those points would be good in II until August 2015. Then your next use would be week 1 2016. But you can access your points as early as week 1 2015. So from Jan 2015-August 2015, you could be using points in II that are combined from 2 different usages.

Make sense?

H

 

[dbmarch]

You should be able to call the hyatt vacation club and get your interval account number so you can log in to intervalworld.com

 

[ivywag]

I believe that all Interval requests and trades must be done through 1-800-go-hyatt. If I'm correct, we can browse the Interval website, but cannot trade on it.

 

[heathpack]

I believe that all Interval requests and trades must be done through 1-800-go-hyatt. If I'm correct, we can browse the Interval website, but cannot trade on it.

This is incorrect. You can absolutely book online with Interval and make requests.

H

 

[MaryH]

Yup. I can look and if I want to book on my Hyatt II account. The points are not deposited and I have not yet.

One thing I am not sure about is what type of deposit or exchange will get an AC.. Since the AC I got recently does not seem to tie to anything since I have not deposited nor exchanged with II since I own the Hyatt week.

 

[dbmarch]

Maybe its too late for you to do this but here are a few other options:

1) You own down in Key West and would be able to rent that unit out pretty easily. You are allowed to rent your HRPP week. What I have seen though is there are a number of Hyatt owners that just reserve smaller partial weeks and rent them. According to the rules not really allowed but it doesn't seem to be enforced. You can pocket the money or rent from someone else or do a getaway.

2) You should have no issue exchanging your week with someone else directly. I have been approached unsolicited for my KW week.

Depending upon where you want to go, one of these choices might work out better for you.

Once you put the points into interval, they stay there and can't be used for Hyatts.

Once your points are in interval, you can search based upon the standard Hyatt II point values. You do not receive the benefit of flex exchange (no discount for booking within 60 day window).

 

[Kal]

...The points must be deposited in II by 4 months prior to your owned week, so you could deposit as late as August 2013 and those points would be good in II until August 2015....

Actually points deposited into II can last longer than 2 years as those points expire at the end of your Club Use Period (CUP) for the week owned. This could mean the points could survive in II for up to 3 years if the deposit occurs the day you receive your new points.

If anyone otherwise has first hand information, please share your experience.

 

[dvc_john]

One thing I'm not clear on regarding EEE:

Does the stay have to occur before the EEE expiration date, or can you make a reservation while the points are in EEE for a stay after the EEE expiration date?

 

[Kal]

The stay must be completed before the points expire, i.e. the last day of CUP.

 

[skimeup]

Just bought an EOY also

Tagging on here. I think I am following all this but what is an AC?

I was told that I had to have a unit that I purchased from Hyatt in order to combine points that I would obtain from taking over a membership that a niece inherited. Is that true? I don't want an ownership in Florida since I live in California, unless I can turn it into points!

 

[chalee94]

Tagging on here. I think I am following all this but what is an AC?

an AC is a discounted bonus week.

http://www.tug2.net/timeshare_advice/timeshare_glossary.htm

Accommodation Certificate - An extra week offered by II as an incentive for depositing a high-demand week

not sure about your other hyatt question...

 

[Kal]

...I was told that I had to have a unit that I purchased from Hyatt in order to combine points that I would obtain from taking over a membership that a niece inherited. Is that true? I don't want an ownership in Florida since I live in California, unless I can turn it into points!

Not sure of the question, but you cannot combine Hyatt points with non-Hyatt points in Interval. Those are totally separate Interval accounts. Matter of fact, I don't think you can combine Hyatt points unless the Owner is exactly the same. For example, owner John Smith cannot be combined with owner John Smith Family Trust.

 

[MaryH]

I called 1-800-GOHYATT and spoke to the II rep.

I asked if I deposit a red studio (430 points) if I get an AC. The rep told me I would not and I am surprised since I thought most Hyatt deposits get an AC?

I wanted to hear about the grid before depositing but I did not deposit. II will not get my points / week without an AC.

 

[suzannesimon]

Another Interval question. I deposited my points in II last April and made a Request. Is there a difference in Request First and Deposit with Hyatt points? When I check my request, it is characterized as a Request First. Is there something I need to do in order to deposit the points or do they call everything Request First with the Hyatts?

 

[K2Quick]

One issue is that you cannot trade up in size with Hyatt points which you sometimes can do with regular weeks during the 60 day window or some other scheme such as CI have reduced points requirements close in.

I've been reading through some threads trying to understand the mechanics of how a Hyatt II but am having a hard time understanding it. For reference, I'm looking at this II point chart:

http://bywindkal.com/Files/HyattInterval.pdf

A few questions:

1. Based on the quoted statement above, it appears that you cannot up-trade so you would have to give up at least 800 points to reserve a two-bed unit. Is that correct?

2. When you deposit your points with II, do you deposit a fixed number of points, or do you allocate them based on a "red two bed" or "yellow one bed" unit or the like?

3. Since II doesn't have any colored seasons these days, how do you know how many points or what type of unit you need to surrender to get a certain trade?

 

[suzannesimon]

I'm no expert since I've only deposited my Hyatt points once, last year. I deposited all my points. When I requested the first trade, it popped up and told me how many points it would cost before I confirmed the request. I don't think you can uptrade,like Marriott, but I can get 2 1-bedroom, or 3 studios, or a 2 bedroom plus a studio for my 1880 points. My first trade, a 1 bedroom in Harborside at Atlantis, came through quickly. The second has not happened yet but I'm in no hurry (Captain Morgan's in Belize). I guess we can't get everything, but Hyatts are still great traders in II.

 

[K2Quick]

I'm no expert since I've only deposited my Hyatt points once, last year. I deposited all my points. When I requested the first trade, it popped up and told me how many points it would cost before I confirmed the request. I don't think you can uptrade,like Marriott, but I can get 2 1-bedroom, or 3 studios, or a 2 bedroom plus a studio for my 1880 points. My first trade, a 1 bedroom in Harborside at Atlantis, came through quickly. The second has not happened yet but I'm in no hurry (Captain Morgan's in Belize). I guess we can't get everything, but Hyatts are still great traders in II.

Thanks. That puts some clarity around it.

 

[heathpack]

The number of points you need to make a trade in II is actually based on Travel Demand Index or TDI. I have copied the chart from II below: SORRY the formatting messed up, will try to take a screen shot and post that.

TDI Studio 1Bedroom 2Bedrooms 3Bedrooms 4Bedrooms
90-150 430 870 1,300 1,730 2,160
65-85 360 740 1,100 1,460 1,820
50-60 260 540 800 1,060 1,320

TDI varies by week and location. If you are interested in learning the TDI for a specific week/resort, II publishes this in the resort directory. Otherwise, when you search in II or place a request, II will let you know the required number of points.

You can deposit any number of points you want.

Remember every trade in II is automatically an uptrade. If you own a 2BR gold week, you have 1880 points per year. Looking at the chart above, you will see that you can use those 1880 points to trade into a peak season 3BR unit. So no, you can't deposit 430 points (a studio deposit) and trade into a 2BR. But you can take a 2BR deposit and trade for many permutations of multiple weeks- like two 1BRs plus a studio, four studios, two off season 2BRs plus an off season studio, etc.

H

 

[heathpack]

II's chart for Hyatt deposits

 

[K2Quick]

The number of points you need to make a trade in II is actually based on Travel Demand Index or TDI. I have copied the chart from II below: SORRY the formatting messed up, will try to take a screen shot and post that.

TDI Studio 1Bedroom 2Bedrooms 3Bedrooms 4Bedrooms
90-150 430 870 1,300 1,730 2,160
65-85 360 740 1,100 1,460 1,820
50-60 260 540 800 1,060 1,320

TDI varies by week and location. If you are interested in learning the TDI for a specific week/resort, II publishes this in the resort directory. Otherwise, when you search in II or place a request, II will let you know the required number of points.

You can deposit any number of points you want.

Remember every trade in II is automatically an uptrade. If you own a 2BR gold week, you have 1880 points per year. Looking at the chart above, you will see that you can use those 1880 points to trade into a peak season 3BR unit. So no, you can't deposit 430 points (a studio deposit) and trade into a 2BR. But you can take a 2BR deposit and trade for many permutations of multiple weeks- like two 1BRs plus a studio, four studios, two off season 2BRs plus an off season studio, etc.

H

Exactly what I was looking for - Thanks!