From my limited experience, HGVC is not the same level of quality as Hilton hotels. I am not an HGVC owner. I sat through a HGVC timeshare presentation a few months ago and toured one of the HGVC Orlando resorts. It was very disappointing. I was staying at the Hilton Bonnet Creek hotel and it was several levels above the HGVC property in quality and service. I read news reports that Hilton is actively trying to sell off HGVC because of quality issues and HGVC tarnishing the brand name.
Eh, I think you are a little off. There a couple of older resorts that need to be updated, but their quality is very good. The Orlando resorts come to mind. I haven’t been to Las Palmaras, but that one seems to have a pretty low rating. Try Tuscany and I think you will be happy. Ocean 22 and Ocean Enclave are fabulous (I’ll put those two up against any Myrtle Beach resorts). Hilton Head, and the Hawaii resorts all get rave reviews.
HGVC hasn’t been owned by Hilton for a couple of years. Much like other timeshare divisions of other hotel chains, they spun them off into their own company. They thought highly enough of them to continue putting HGVC rooms in their hotels. The reason for the takeover (looking less and less likely) was they ran out of the high end units. There wasn’t much development during the spinoff and they sold out very quickly leaving a gigantic hole in their sales. There was a high ownership group (5%) that pushed for the sale and that’s when the news hit. The one piece that’s holding up any sale is Hilton themselves. They don’t want their name being dragged through the Diamond/Wyndham mud. They are holding their brand back and that makes the HGVC company less attractive to potential buyers.
I am new to timeshares and looking to purchase HGVC via resale. I am busy I am a platinum honors member so Hilton is pretty much the only way I would go in my purchase. I also have a condo in Myrtle Beach and rent a house at the Outer Banks every July 4 so my week long beach vacations are pretty much taken care of. I am planning on using the points for extended weekend trips, and an occasional trip to Europe. I’m targeting 7000 points in a lower mf resort, probably in Vegas, to give me the flexibility to book my trips. My preferred purchase would be a 1br plus platinum at Elara. In my search I have noticed that the even/odd year resales are considerably cheaper than the annual option. I believe I could purchase 7000 annual points in buying one odd and one even timeshare and come in cheaper than buying the annual timeshare. Is there anything I’m missing that would cost me more in the future if I bought one odd and one even year option? Thanks in advance for your help!
You have to look at the total cost of owning 2 EoY deeds. You would have to pay 2 closings costs (variable cost) 2 transfer fees ~$450 each and 2 enrollment fees at ~$610 each. If the cost of purchasing 2 EoY deeds is less than 1 every year? You may want to consider it. The $1400 of the 2 deeds might put that out of reach.
One other point. If you have to get rid of them (life happens), you will find the every year deed to be easier to divest yourself of.
I’m going to request that this thread be moved to the HGVC forum as you will get more feedback from knowledgeable HGVC owners there.