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2023 Hilton Grand Vacations Maintenance Fees

Nowaker

TUG Member
Joined
Oct 13, 2021
Messages
1,174
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941
Location
Wilson County, Texas
Resorts Owned
HGVC: 41,520 points - Coylumbridge, Flamingo, Elara, Trump, 2x Boulevard
Coylumbridge - 2 BR - 7,000 old / 11,200 new (Original Lodge)

Annual charge: 470.78 GBP
Reserve fund: 158.32 GBP
VAT: 125.82 GBP
Disbursements: 0.60 GBP
TOTAL: 755.52 GBP ($926.20 using 1.26 $/£ conversion rate)

From 663.97 GBP to 755.52 GBP, that's +91.55 GBP, or +13.8%.

When accounted for currency conversion at the time of my payment:
from $904.59 (in late Feb 2022) to $926.20 (in early Dec 2022), that's +$21.61, or +2.4%.

Note: Moderator added items in red
 
Last edited by a moderator:

GT75

TUG Review Crew: Veteran
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Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Craigendarroch Lodge - 3 BR - 13,440 new

Annual charge: £529.10
Reserve fund: £239.99
VAT: £153.81
Disbursements: £9.67
TOTAL: £932.57 ($1019.66) (Conversion rate of 1.09 $/£ used)

Increase of £92.67 or 11.03% from 2022 (£839.90)
Decrease of $101.32 due to exchange rates or -9.04% from 2022

Note: MFs were prepaid early with a very favorable conversion rate.
 
Last edited:
Joined
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Craigendarroch Lodge - 3 BR - 13,440 new

Annual charge: £529.10
Reserve fund: £239.99
VAT: £153.81
Disbursements: £9.67
TOTAL: £932.57 ($1019.66)

Increase of £92.67 or 11.03% from 2022 (£839.90)
Decrease of $101.32 due to exchange rates or -9.04% from 2022
Wow. I'm considering this property. 11% seems awfully high; I don't think in studying the annual increases (albeit not in great depth) that I've seen an increase that high. Is this atypical? (To my mind, the exchange rate decrease is not material to the overall percentage increase YTY, although it does have practical implications.)
 

GT75

TUG Review Crew: Veteran
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Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Wow. I'm considering this property. 11% seems awfully high;
i agree. I think that the problem is the British inflation rate is running around 13-14%.
 

artteachrm

Guest
Joined
Jun 18, 2017
Messages
12
Reaction score
11
Location
Crazy Town
Resorts Owned
HGVC - Ocean 22
HGVC - Borgo alle Vigne
HGVC - Grand Islander
Borgo alle Vigne (Italy)

3 BR Premier/18,400 Pts (new system)

Management Charge: €995.46
Reserves: €318.08
TOTAL AMOUNT DUE: €1313.54 (approx US $1384.12 at current conversion rate)

The statement currency charges are in Euros. (Conversion rate of 1.05 $/€ used)

The maintenance fee per contract above is the total fee for the number of villas owned.
Fee per Villa:
1BR 7680 pts/1 BR Plus 9920 pts €1083.44
2 BR 11,200 pts/ 2 BR Plus 13,440 pts €1215.71
3 BR 13,440 pts/3 BR Premier 18,400 pts €1313.54
(Overall combined assessment increase of about 22% for 2023)

Note: Moderator added
 
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artteachrm

Guest
Joined
Jun 18, 2017
Messages
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Location
Crazy Town
Resorts Owned
HGVC - Ocean 22
HGVC - Borgo alle Vigne
HGVC - Grand Islander
Grand Islander, Hawaii

1669990794718.png


Above does NOT include Hawaii GE Tax

Hawaii calculated GE Tax for 1 BR at GI for 2023 is $66.48
Hawaii GE Tax for 2 BR at GI for 2023 is $87.80
Hawaii calculated GE Tax for 2 BR Penthouse at GI for 2023 is $174.26
Hawaii calculated GE Tax for 3 BR Penthouse at GI for 2023 is $220.05

(The overall combined assessment for all unit types increased by 5% for 2023.)
 
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artteachrm

Guest
Joined
Jun 18, 2017
Messages
12
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11
Location
Crazy Town
Resorts Owned
HGVC - Ocean 22
HGVC - Borgo alle Vigne
HGVC - Grand Islander
Ocean 22, Myrtle Beach-South Carolina

1669991308184.png

1669991347438.png


(The overall combined assessment for all unit types increased by 4.9% for 2023.)
 

HuskerATL

TUG Lifetime Member
Joined
Jan 24, 2020
Messages
3,465
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2,106
Resorts Owned
HGVC at Boulevard and Craigendarroch Lodges
Craigendarroch 1 bedroom:

1670085384182.png


Total: £607 (Increase of £39.60 or 6.98%)

Glad I prepaid the MF when the exchange rate was 1.14 so about $692
 
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HuskerATL

TUG Lifetime Member
Joined
Jan 24, 2020
Messages
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Resorts Owned
HGVC at Boulevard and Craigendarroch Lodges
Craigendarroch 2 bedroom:

1670085546062.png


Total: £805 (Increase of £74.65 or 10.22%)

Prepaid when the exchange rate was 1.14 so about $918.
 
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Ralph Sir Edward

TUG Member
Joined
Jul 8, 2013
Messages
3,116
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3,772
Location
Plano, Texas
Bay Club 2 BDR/2 BTH A Penthouse

Operating fees 1347.96
Reserve Fees 287.65
Real Estate Taxes 129.77
Hawaii GE Tax 77.07

Total 1842.45

Moderator added:
Increase of $88.58 (5.05%) from 2022 ($1753.87)
 
Last edited by a moderator:

Vkothari916

TUG Member
Joined
Jan 27, 2018
Messages
43
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24
Hilton Grand Vacations Marbrisa 2BR Platinum Plus (13440 points)


2023 Operating Fee $1029.56
2023 Reserve Fee $231.31
2023 Real Estate Tax $197.94
Total 2023 MF: $1,458.81

Increase of 4.49%
 
Last edited by a moderator:

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,485
Reaction score
854
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
MarBrisa 2BR (11,200 new points) EOYO

2023:
assessment - $514.78
capital reserves - $115.66
property tax - $124.44
total - $754.88

2022:
assessment - $488.41
capital reserves - $110.68
property tax - -$124.44
total - $723.53
 

Frasier

TUG Member
Joined
Jan 27, 2017
Messages
36
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25
Resorts Owned
HGVC-Mabrisa Carlsbad, CA, HGVC-Bay Club, HI
Red Wolf Lakeside, Lake Tahoe,
BAY CLUB 2BR VILLA 13,440 PTS (8,400 PTS BEFORE CONVERSION)

2023 Operating Fee $1,481.17
2023 Reserve Fee $330.01
2023 Real Estate Tax $148.88
2023 Hawaii GE Tax $85.34

2023 Total $2,045.40 Increase of 5.16%.
2022 Total $1,944.98



BAY CLUB 2BR PLAN "B" 11,200 PTS (7,000 PTS BEFORE CONVERSION)

2023 Operating Fee $1,283.43
2023 Reserve Fee $267.14
2023 Real Estate Tax $120.51
2023 Hawaii GE Tax $73.06

2023 Total $1,744.14 Increase of 4.99%.
2022 Total $1,661.30
 

skier4

Guest
Joined
Apr 27, 2020
Messages
37
Reaction score
23
Resorts Owned
Ocean Enclave by HGVC
  • Ocean Enclave/3 Bdrm
  • Operating Fee: $1104.45
  • Reserve Fee: $269.14
  • Property Taxes: $90.00
  • TOTAL: $1463.59
Moderator added: Increase of $70.55 (5.06%) from 2023 ($1393.04)
 
Last edited by a moderator:

EnjoyingHGV

Guest
Joined
Dec 20, 2015
Messages
23
Reaction score
4
Location
BWI / DCA / IAD
Resorts Owned
HGV Kingsland
Kohala Suites (Big Island) | 15,360 (2BR)

2023 Operating Fee: 1252.90
2023 Reserve Fee: 422.63
2023 Real Estate Tax: 92.09
2023 Hawaii GE Tax: 78.95

Total: 1846.57 / 0.1202194010416667 per point

Moderator added: Same as post #66
 
Last edited by a moderator:

yodaDaenerys

TUG Member
Joined
Dec 13, 2022
Messages
234
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138
Resorts Owned
HGVC Orlando
HGV Max
Craig Lodges
I was just billed the club dues for 2023.

2023 dues are: $336

Since I have opted in on the AI option I assume thats included in the amount.
What is the AI option?
 

yodaDaenerys

TUG Member
Joined
Dec 13, 2022
Messages
234
Reaction score
138
Resorts Owned
HGVC Orlando
HGV Max
Craig Lodges
Parc Soleil
26,880 points every other year
2BX room type

2023 Operating Fee: 2052.06
2023 Reserve Fee: 781.74
2023 Real Estate Tax: 508.42

Total: 3342.22 / 0.1243 per point

2023 club dues 291.00
 

GT75

TUG Review Crew: Veteran
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Joined
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Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
2023 club dues 291.00
If your club dues are $291, then you are a HGV Max owner/member. We are looking for HGV Max owners to give us actual feedback on booking into HVC/DRI properties.

 

GT75

TUG Review Crew: Veteran
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Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Parc Soleil
26,880 points every other year
2BX room type
I can not find room type 2BX at Parc Soleil and certainly not one worth 26880 pts. I suspect that you own 2-2BR (either 2BR Plus or 2 BR Pent) EOY. This would be consistent with the MFs also from post #46 (assuming that you own in platinum season)

Screen Shot 2022-12-13 at 1.18.40 PM.png
 

yodaDaenerys

TUG Member
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Messages
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Resorts Owned
HGVC Orlando
HGV Max
Craig Lodges
I can not find room type 2BX at Parc Soleil and certainly not one worth 26880 pts. I suspect that you own 2-2BR (either 2BR Plus or 2 BR Pent) EOY. This would be consistent with the MFs also from post #46 (assuming that you own in platinum season)

View attachment 70130
I own 2 every other year 2BR Plus, so the points I receive, and the MF quoted each occur in odd years only.
 

REDDOG24

TUG Member
Joined
Aug 15, 2022
Messages
24
Reaction score
28
Resorts Owned
Marbrisa (HGVC)
Maui Bay Villas (HGVC)
Elara (by Hilton Club)
MarBrisa 2BR (11,200 new points) EOYO
2023:
assessment - $514.78
capital reserves - $115.66
property tax - $124.44
total - $754.88
Thanks. Just curious, why would your EOY 2BR (11,200 pts) unit be more than 50% of the $1,458.81 for 2BR Platinum (13,440 pts) reported in post #111? Assessment and capital reserve check, but the property tax looks off. I would have thought tax on 11,200 would be less, not more than the 13,440. Can you double check and confirm?
 

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,485
Reaction score
854
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
Thanks. Just curious, why would your EOY 2BR (11,200 pts) unit be more than 50% of the $1,458.81 for 2BR Platinum (13,440 pts) reported in post #111? Assessment and capital reserve check, but the property tax looks off. I would have thought tax on 11,200 would be less, not more than the 13,440. Can you double check and confirm?
i noticed that too and don't know. i also note that the property tax is listed the same for 2022 and 2023.
 
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