New Point Requirements to Trade Hyatt in II?

[GTLINZ]

This bites. As mentioned before, the value is eroding ....

 

[SteveinHNL]

I almost bought into Hyatt in 2020 for a diamond key west week. Figured I would trade it in II at least half the time if I bought it. Glad I didn’t pull the trigger. Hard to speculate how it changes things, but if I had bought that Key West week … I would probably be more inclined to rent it for cash than trade in II.

The Interval trading value was one reason why the Hyatt system intrigued me. When I purchased my week it came with 2200 EEE points. I have looked for about a year for an Interval trade that we would like to use. Never found a single one. However, we have used our week to trade internally to Tahoe, Carmel, and Maui. We have loved those, and the ability to visit those 3 properties for the price of our maintenance fee is a great value to us.

 

[ScoopKona]

Thanks for all the insights on this issue. We mostly stay at our resort or exchange within the Hyatt system. However, we do have 870 EEE points we are planning to use. This change is very unfortunate and will keep us from using II in the future unless absolutely necessary.

Two days ago, that would have meant a one-bedroom anywhere in the II system. Now, who knows?

 

[mjm1]

We bought three units at Pinon Pointe over the past few years. Mostly to use the unit and exchange to Carmel and Maui, which we have done. We were able to make several II exchanges that worked for us using some EEE points that came with the purchases. We will have to consider if we will get rid of one of them now.

 

[dioxide45]

I emailed the II mailbox for TUG members. AKA Mark and asked a couple questions about this and I also mentioned the issue regarding the point values not being linked correctly.

1. Is there a reason this has changed?
2. Why were Hyatt Vacation Club owners not notified of the change until they stumbled across it when searching for exchanges on the Interval World website?

I got his okay to post the below response. If you want to note your displeasure, you are also fee to email II or post in their community pages on their website.

Response; Thank you for your email and Happy New Year! I'm sorry owners were not notified in advance. Interval and Hyatt worked closely to adjust the Interval points chart to be more in line with their club values. Also, we are aware of the issues with the links and are working to have this resolved as soon as possible.

 

[GTLINZ]

They keep making what they are trying to sell less desirable .... not a wise (or sustainable) business model.

 

[Venter]

I wonder when this change will come in the other points charts like MVC and Vistana. At the moment there is no differentiation between resort tiers in these systems.
With II being part of Marriott now I guess they must invent new ways to make money for the shareholders.

 

[dioxide45]

I wonder when this change will come in the other points charts like MVC and Vistana.

I did check Marriott and didn't see any changes there. Anything is certainly possible. The problem still with the values is it doesn't change the point requirements based on region. Certainly a 100 TDI in Orlando should cost fewer points than a 100 TDI in Hawaii for the same unit type. I also think two tiers of resorts levels is enough. Perhaps Affiliate and Select and then Premier and Elite. Throw the residences into one of those two grids. The good thing is, when searching it will always show the point cost for the exchange. For that reason it is just always best to select the highest point value from the grid.

 

[DK3]

I think I will be looking for affiliate resorts that are underrated and still a decent trade value if I need to trade. I do have some Sheraton weeks that I have traded successfully for weeks in Maui and Kauai so I can use them for future Hawaii trades. I hope those do not undergo a big change as well.

 

[jksung5295]

this one really blows. I have been using my HYB week to exclusively trade into Marriott (and recently Disney properties)... this pretty much erases any value that is left for interval exchange, they were limited and few before, now it will only make sense for Disney with all the exchange fees and high MF.

Decided to keep my week due to Disney moving to Interval last year, may have to reconsider selling.

 

[ScoopKona]

They keep making what they are trying to sell less desirable .... not a wise (or sustainable) business model.

It means people need to buy more points to do the same thing -- that's GREAT, as far as Marriott is concerned.

 

[Tucsonadventurer]

Just checked, Sands of Kahana for a 1 bedroom is 1500 pts as apposed to 870 last week plus exchange fee. I guess I'll have to learn how to exchange my Vistana week in interval now if I use II. This plus all the increases in maintenance fees this year. Thanks Marriott. Makes you wonder what's next. I still find value though. We have 2 weeks this summer at Hyatt Ka'anapali.

 

[Quinte]

Response; Thank you for your email and Happy New Year! I'm sorry owners were not notified in advance. Interval and Hyatt worked closely to adjust the Interval points chart to be more in line with their club values. Also, we are aware of the issues with the links and are working to have this resolved as soon as possible.

I find that response confusing. I just compared points exchange under King’s Creek Explore and Hyatt looking at the same units. On the basis of maintenance fee dollars per point required I can get a ski week in Quebec Jan 2025 (Christmas school break there) at vastly different prices. Using Hyatt the week is $577.50+exchange fee and using King’s Creek it is $248+ fee.

Looks like II is offering twice the value for the external resort; external being not part of the MVW conglomerate.

I’m not certain about strategy here. In a pre-internet world you could hide this kind of information more easily. Now it is not the case.

What is the II email?

 

[GTLINZ]

I’m not certain about strategy here. In a pre-internet world you could hide this kind of information more easily. Now it is not the case.

The strategy is to reduce our value ... but i have to admit i did not see this one coming. And since we can pull the best trades, we get to pay more

 

[Tucsonadventurer]

The strategy is to reduce our value ... but i have to admit i did not see this one coming. And since we can pull the best trades, we get to pay more

They weren't making money off Hyatt as they couldn't integrate us as they did Vistana. This is a way for them to capitalize on us. We weren't finding as much in interval lately with the Marriott and Vistana preference periods , though we did find 2 somewhat decent trades last summer in Kaui.

 

[dioxide45]

I would think this will cause some loss in fee revenue. The more points required means fewer exchanges can be confirmed. Thus it means fewer exchange fees booked.

 

[PerryKing]

https://thelounge.hyattvacationclub.com/owner-resources/faq-platinum-1

This is in the FAQ section... Supposedly there is a new point chart somewhere on II, but I can't find it or any mention of it

Link does not work - Or no longer works. (Even after one is signed into the lounge). FYI "Page is no longer found" error" !

 

[SteveinHNL]

Link does not work - Or no longer works. (Even after one is signed into the lounge). FYI "Page is no longer found" error" !

Try this link. https://thelounge.hyattvacationclub.com/owner-resources/faq-legacy

 

[Tucsonadventurer]

I would think this will cause some loss in fee revenue. The more points required means fewer exchanges can be confirmed. Thus it means fewer exchange fees booked.

True and less Hyatt inventory in II but more overall inventory for higher revenue that Hyatt owners aren't using

 

[alexadeparis]

This is total BS - I'm ready to start unloading my Hyatt units as well

 

[mjm1]

While we aren’t happy about this change, our main interest in owning Hyatt is to stay at our home resort (Sedona) and exchange internally to other Hyatt resorts. We will only use II if necessary.

 

[ScoopKona]

While we aren’t happy about this change, our main interest in owning Hyatt is to stay at our home resort (Sedona) and exchange internally to other Hyatt resorts. We will only use II if necessary.

Absolutely, the internal exchanges haven't been kneecapped, yet.

This absolutely ruins my strategy -- I've been working this angle for more than two decades. Imagine if your car now uses only half its cylinders or half it's available Kwh. Or gets half the mileage. Or if it barely limps out of the driveway. Or if its range is halved.

 

[Sapper]

While we aren’t happy about this change, our main interest in owning Hyatt is to stay at our home resort (Sedona) and exchange internally to other Hyatt resorts. We will only use II if necessary.

While we have never used Interval for an exchange (always either stay at our week or internal Hyatt exchange), I still see this as a devaluation of our Hyatt units and the Hyatt system.

 

[5finny]

If the Hyatt system is no longer "excellent" for II trades are there any other point systems that remain especially good for II trading?

 

[Hindsite]

If the Hyatt system is no longer "excellent" for II trades are there any other point systems that remain especially good for II trading?

Until we see the fall-out from how many points systems are getting reset in II its difficult to tell, Welk seem to have gone the same way, I think I saw another one but can't find the post. Definitely not MVC, its always been terrible other than a couple of sweet spots. Sheraton flex seems to do respectably but I've not run the numbers. I haven't seen the conversion data for resorts that use one of the 2 II points systems to know the value they work out at.
Sounds like some crowdfunding to sponsor scoop doing an investigation is needed....