Sorry for the delay
@heathpack, "NON-AUTHORIZED RESALE POINTS" just means you don't get "developer benefits" on the points you have.
Unlike legacy HRC, where the developer benefit is just the World of Hyatt conversion opportunity, in the new HPC developer benefits are part-and-parcel of the point.
With developer-blessed points you can gain "club status" - meaning you can become a Classic, Executive, Premier, or Elite member with the commensurate benefits that status brings (request list bonuses, WoH conversion rates, banking deadline extensions, etc)
Here's the whole list.
This is part of a series of posts: Click here for the Introduction Post Click here for the HRC and HPC Inventory Post Click here for the Annual Conversion Option Post -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- There are two pools of inventory now - an HRC pool and an HPC...
tugbbs.com
But if you only have non-authorized points, you're given last priority within the HPC.
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The easiest way to think of HPC is that imagine you ganged together with a bunch of people and bought out all the dregs of the legacy HRC vacancies which then become the HPC inventory.
You then come up with a prioritized system on how to divvy up the dregs/HPC inventory, but you also gain access like anyone else in legacy HRC to the larger legacy HRC inventory within the 6months of CUP. When you "purchase" (or are gifted) non-authorized/resale on HPC it just means you are at the bottom of the list for the dregs/HPC inventory.
Also - Hyatt may not want to exercise ROFR even at $0 because a big plus for them is covering their maintenance fees at a really high rate. That's a fundamental issue with HPC.