2022 Hyatt Maintenance Fees

[cafeirene]

2022 for a 1 Bdrm Unit at Highlands Inn, Carmel Highlands.

Property name: Hyatt Highlands Inn, Carmel: HYI, labeling it as the statement does:
Unit size: 1 Bdrm Premier

2022 Maintenance Fee $ 1343.83
2022 Replacement Reserves $ 394.64
2022 Property Taxes $ 278.54
2022 Club Dues $ 157.00
Assessment $0
Arda contribution $5.00
2022 Total $2179.01

About a 7% increase over 2021

note invoice dated November 18, arrived yesterday, December 17. No postmark.
Delinquency Date 17 January 2022

 

[Colorado Ski]

Why aren't people including percentage increase from year before?

 

[drbachrach]

Do maintenance fees vary by unit within a resort? In other words, could the fees for 2 bedroom units that are next to each other, be different? If so, why is there a variance? And how much is that variance, generally?

 

[echino]

Do maintenance fees vary by unit within a resort? In other words, could the fees for 2 bedroom units that are next to each other, be different? If so, why is there a variance? And how much is that variance, generally?

No variance between units, but there may be variance between weeks, due to property taxes.

 

[sjsharkie]

No variance between units, but there may be variance between weeks, due to property taxes.

Also between units in certain counties in CA where property tax is billed separately by the county based on valuation -- typically derived from the sales cost.

For non-Welk Hyatt properties, this could impact Highlands and Northstar though I don't own in those counties.

-ryan

 

[lotus921v]

Hyatt is ONLY selling the points program now. You pay per point instead of owning a deed and paying as such. The points program is an insanely horrible deal as you will spend tens of thousands of dollars and will have ZERO resale value. Look up the threads here on TUG in this forum,

If somehow you have signed, look up instructions in this forum to rescind here on Tug while you can. You will get consistent advice on that if you look it up. And you have a very short window to do it.

If you are interested in Hyatt, you can buy a resale deeded unit on the open market for FAR less and have something of value.

Whats the threshold for ROFR?

 

[ScoopKona]

Whats the threshold for ROFR?

"Depends."

Seriously, it depends on how desirable Marriott thinks the unit is. I suspect they're going to start snapping up Sunset Harbor units in order to quell the rebellion there. Any ski week will be ROFRed if it passes whatever threshold Marriot has in place. A bronze Coconut Plantation week? Not so much.

 

[lotus921v]

"Depends."

Seriously, it depends on how desirable Marriott thinks the unit is. I suspect they're going to start snapping up Sunset Harbor units in order to quell the rebellion there. Any ski week will be ROFRed if it passes whatever threshold Marriot has in place. A bronze Coconut Plantation week? Not so much.

If someone wants to gift one, they can’t get involved though right?

I have a friend with 6 fractionated ownership weeks at one of the desirable lodges. If he decides he can’t use them all, he may spin one or two off to me.

 

[ScoopKona]

If someone wants to gift one, they can’t get involved though right?

I have a friend with 6 fractionated ownership weeks at one of the desirable lodges. If he decides he can’t use them all, he may spin one or two off to me.

That answer is above my pay grade. When I worked for Hyatt, they didn't tell us their ROFR policies. And now that Hyatt no longer runs HRC, who knows?

If it were me, I'd try to structure the deal that it looked expensive on paper -- that way if ROFR is exercised, at least your friend does well.

 

[Sugarcubesea]

Property name: Hyatt Beach House
Unit size: 2br

2023 Maintenance fee: $1,025.04
2023 Reserves: $384.09
2023 Property taxes: $30.95
2023 Club dues: $157.00
2023 Special Reserve Fee: $500.00

Voluntary Arda Contribution: 0.00

Total: $ 2,097.08

 

[AJCts411]

Sunset Harbor	2023​
Operating Fee $	$1,298.56​
Replacement Reserve $	$410.00​
Property Taxes $	$31.97​
Club Dues $	$157.00​
Assessment $	$0.00​
Total $	$1,897.53​
Percent Increase over 2021:	8.01%​

 

[socaltimeshare]

I think the last two posts are in the wrong thread. This thread is for 2022 assessments. 2023 should be posted here- https://tugbbs.com/forums/threads/2023-hyatt-maintenance-fees.344924/#post-2867752

 

[Mongoose]

No breaks. You pay for each and every one...

I only pay once for both of my deeds.