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2024 Hilton Grand Vacations Maintenance Fees

JimS

TUG Member
Joined
Jun 20, 2006
Messages
94
Reaction score
38
Location
South Florida
Resorts Owned
HGVC; Vistana and Sheraton Flex; Marriott Abound Points; Berkely Orlando (Vacation Village RCI points) and Berkely Vegas (Vacation Village EOY RCI Weeks) and LHC
Plantation Beach Club at IRP 2 BR Gold Flex Week (could be 8000 pts depending upon week reserved but I bought week to use)
2024 Operating Fee - 1,463.92
2024 Reserve Fee - 247.48
2024 Real EstateTaxes - 58.03
Total:$1,769.43

Last year total:1,535.58

Moderator added: Increase of $233.85 (15.23%)
 
Last edited by a moderator:

dayooper

TUG Review Crew
TUG Member
Joined
Apr 14, 2018
Messages
4,030
Reaction score
3,515
Location
The Land of Ice and Snow
Resorts Owned
HGVC: The Flamingo, The Boulevard
Plantation Beach Club at IRP 2 BR Gold Flex Week (could be 8000 pts depending upon week reserved but I bought week to use)
2024 Operating Fee - 1,463.92
2024 Reserve Fee - 247.48
2024 Real EstateTaxes - 58.03
Total:$1,769.43

Last year total:1,535.58
That's an increase of $233.85 (15.2%)!!!!!
 

CalGalTraveler

TUG Review Crew: Veteran
TUG Member
Joined
Dec 21, 2014
Messages
10,097
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8,680
Location
California
Resorts Owned
HGVC, MVC Vistana
We've now seen Miami (12.23%) and a Gulf (15.2%) with significant % increases. Seaworld/Orlando around 8.82% for a 2 bdrm so far.

Perhaps this is due to new 2024 Florida Legislation to fully fund reserves caused by the condo collapse tragedy, and recent hurricanes with higher insurance premiums. MVC owners in Florida are also seeing increases and there is a thread about it.

 

dayooper

TUG Review Crew
TUG Member
Joined
Apr 14, 2018
Messages
4,030
Reaction score
3,515
Location
The Land of Ice and Snow
Resorts Owned
HGVC: The Flamingo, The Boulevard
We've now seen Miami (12.23%) and a Gulf (15.2%) with significant % increases. Seaworld/Orlando around 8.82% for a 2 bdrm so far.

Perhaps this is due to new 2024 Florida Legislation to fully fund reserves caused by the condo collapse tragedy, and recent hurricanes with higher insurance premiums. MVC owners in Florida are also seeing increases and there is a thread about it.

I don’t think 8.2% is out of the norm right now. My Boulevard is only 1.3% lower (6.9%) than Sea World. The 2 affiliates reported so far are huge increases to already high MF’s. The MVC increases are even higher and that affects the trust point deed as well, correct?
 

CalGalTraveler

TUG Review Crew: Veteran
TUG Member
Joined
Dec 21, 2014
Messages
10,097
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8,680
Location
California
Resorts Owned
HGVC, MVC Vistana
I don’t think 8.2% is out of the norm right now. My Boulevard is only 1.3% lower (6.9%) than Sea World. The 2 affiliates reported so far are huge increases to already high MF’s. The MVC increases are even higher and that affects the trust point deed as well, correct?
Perhaps it only affects coastal for HGVC. This thread was not about trust but about deed MF at Grande Vista in Orlando increasing by $1000.
 

FilthyForever

TUG Member
Joined
Sep 16, 2022
Messages
69
Reaction score
129
Location
California
Resorts Owned
HGVC Anderson Ocean Club, HGVC On The Boulevard
Anderson Ocean Club Studio

2024 Operating Fee$601.17
2024 Real Estate Taxes$40.83
2024 Reserve Fee$86.84
2024 TOTAL$728.84

2023 total was $691.64 so 2024 saw a +5.38% increase
 

phil1ben

TUG Member
Joined
Oct 18, 2010
Messages
191
Reaction score
70
Location
Northeast
We've now seen Miami (12.23%) and a Gulf (15.2%) with significant % increases. Seaworld/Orlando around 8.82% for a 2 bdrm so far.

Perhaps this is due to new 2024 Florida Legislation to fully fund reserves caused by the condo collapse tragedy, and recent hurricanes with higher insurance premiums. MVC owners in Florida are also seeing increases and there is a thread about it.

In SoBe my Reserve Fee only went up 6.4%. It was the Operating Fee that went up 16%. I suspect some of this is attributable to increased insurance premiums. Waiting to hear from someone on the Board why the increase was so substantial.
 

GMan82

TUG Member
Joined
Mar 4, 2019
Messages
195
Reaction score
126
Resorts Owned
Elara, a Hilton Grand Vacations Club
West 57th by Hilton Club
Elara 2BD platinum 13,440 points.

2024 Operating Fee: $996.82
2024 Real Estate Taxes: $68.41
2024 Reserve Fee: $243.85

Total: $1309.08

2023: $1268, so an increase of $41.08 or 3.23%
 

Snezz1e

TUG Member
Joined
Mar 23, 2023
Messages
93
Reaction score
96
Elara 1BD Grand Platinum 11,200 points.

2024 Operating Fee $765.61
2024 Reserve Fee $172.54
2024 Real Estate Tax $41.22

Total Fee $979.37

That’s a $35.36 (3.75%) increase over last year’s MF’s ($944.01).

Elara Studio/Plus Platinum 3520/5600 points.

2024 Operating Fee $593.13
2024 Reserve Fee $119.35
2024 Real Estate Tax $20.93

Total Fee $733.41

That’s a $31.17 (4.44%) increase over last year’s MF’s ($702.24).
 
Last edited by a moderator:

sensui

TUG Member
Joined
Dec 2, 2010
Messages
6
Reaction score
6
1 BDR Platinum Season (11,200 pts) Elara HGVC, $209 Club Dues and here's the breakdown for HOA:


DESCRIPTIONDEBITCREDITBALANCE
2024 OPERATING FEE$765.61$0.00$765.61
2024 REAL ESTATE TAXES$41.22$0.00$41.22
2024 RESERVE FEE$172.54$0.00$172.54
ACCOUNT BALANCE$979.37

Just confirming from the previous poster.
 

raddoc

TUG Member
Joined
Jan 4, 2023
Messages
215
Reaction score
209
Elara 1 Bedroom Grand Plus (12480 points)

2024 Operating Fee $765.61
2024 Real Estate Taxes $41.22
2024 Reserve Fee $172.54
Total: $979.37

As expected, it's the same as the 1 Bedroom Grand (11,200 points)
 

HuskerATL

TUG Member
Joined
Jan 24, 2020
Messages
3,191
Reaction score
1,932
Resorts Owned
HGVC at Boulevard and Craigendarroch Lodges
Tuscany Village 2 Bedroom Gold (8,000 pts)

2024 Operating Fee $1,026.27
2024 Real Estate Taxes $153.40
2024 Reserve Fee $306.22
Total: $1,485.49

Increase of $124.41 (9.11%)
 

quhines

TUG Review Crew
TUG Member
Joined
Aug 14, 2018
Messages
67
Reaction score
34
Resorts Owned
Grandview (RCI Points)
Vacation Village @Weston (RCI Points)
HGVC Tuscany
Tuscany Village 2 Bedroom Platinum (11,200 pts)
2024 OPERATING FEE$1,026.27
2024 REAL ESTATE TAXES$236.26
2024 RESERVE FEE$306.22
Total: $1568.75

Was $1,440.40 last year. Increase of $128.35 or 8.91% increase.
 

tourproto

TUG Member
Joined
Dec 21, 2018
Messages
75
Reaction score
57
Resorts Owned
Vistana WKV Plat+
HGVC Flamingo
HGVC at The Flamingo 2 Bedroom 5600/8000/11200 points


2023 Operating Fee $826.06
2023 Reserve Fee $375.54
2023 Real Estate Tax $53.47

Total Fee $1255.07

That’s a $65.89 (5.54%) increase over last year’s MF’s ($1189.18).
These numbers are correct, but I think you meant for the 2024 year, not 2023.
 

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,584
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3,077
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo

GT75

TUG Review Crew: Veteran
Moderator
Joined
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4,584
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3,077
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Don't see option to edit my post.
No worries. I will edit them for you. I think that edit is only available for 48 hrs.
 

SkyBornDancer

TUG Member
Joined
Nov 22, 2019
Messages
68
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37
Grand Waikikian 1B Premier Platinum 20160 points
2024 total = $1,681.79 (0.083 per point)
HAWAII GE TAX $68.23
OPERATING FEE $1,205.10
RESERVE FEE $243.01
REAL ESTATE TAXES $165.45
(7.79% increase over 2023 @ $1559.52)
 

WIHuck

TUG Member
Joined
Nov 5, 2021
Messages
46
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30
Tuscany Village, a Hilton Grand Vacations Club
2BR 8,000 Points Gold

2024 OPERATING FEE $1,026.27
2024 REAL ESTATE TAXES $153.40
2024 RESERVE FEE $306.22
Total $1,485.89
 

WIHuck

TUG Member
Joined
Nov 5, 2021
Messages
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Anderson Ocean Club, a Hilton Grand Vacations Club
3BP 15,360 Points Platinum

2024 OPERATING FEE $1,270.00
2024 REAL ESTATE TAXES $121.55
2024 RESERVE FEE $258.51
Total $1,650.06

Moderator added:
Increase of $75.14 (4.77%) from 2023 ($1574.92)
 
Last edited by a moderator:

echino

TUG Member
Joined
Dec 2, 2008
Messages
2,277
Reaction score
1,906
Location
Vancouver
Resorts Owned
HYN HCC HWP HYP
HRA KAN WSJ WKV WLR SVV
MCV MKO MM1 MPU MSK
GP7
Valdoro
HHV Lagoon
Lagoon Tower 2br

2024 HAWAII GE TAX $91.39
2024 OPERATING FEE $1,557.50
2024 REAL ESTATE TAXES $213.99
2024 RESERVE FEE $382.06

2024 Total Amount Due $2,244.94 +6.62%
2023 Total Amount Due $2,105.58
 

MNScott

TUG Member
Joined
Jun 17, 2023
Messages
7
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20
Las Palmeras, 1BR Gold, 5440 Points.

2024 Operating: $839.08
2024 Reserve: $214.68
2024 Taxes: $138.20
2024 Total: $1,191.96

2023 Total may have been $1,135.94 (5%, $56.02 increase).
 

REDDOG24

TUG Member
Joined
Aug 15, 2022
Messages
21
Reaction score
24
Resorts Owned
Marbrisa (HGVC)
Maui Bay Villas (HGVC)
Elara (by Hilton Club)
Maui Bay Villas (3BR Penthouse Premium) - 46,000 HGVC points
2024 Operating Fee $3,234.43
2024 Reserve Fee $374.98
2024 Real Estate Taxes $901.10
2024 Hawaii GE Tax $170.08
Total $4,680.59
Increase of $231.72 or 5.21% from 2023


Elara by Hilton Club (Quad Studio Premier) - 14,880 HC points
2024 Operating Fee - $826.02
2024 Reserve Fee - $109.14
2024 Real Estate Taxes - $18.53
Total - $953.69
Increase of $28.92 or 3.13% from 2023
 

Jeff Kenyon

Guest
Joined
Nov 11, 2018
Messages
5
Reaction score
7
Resorts Owned
HGVC Anderson Ocean Club (Myrtle Beach), Courtyard Resort (Hyannis, MA)
Anderson Ocean Club - Studio
2024 Operating Fee $601.17
2024 Reserve Fee $86.84
2024 Real Estate Tax $40.83
Total 2024 MF: $728.84
Total 2023 MF: $691.64

Increase of $37.20 (5.38%)

Anderson Ocean Club - 1BR
2024 Operating Fee $741.07
2024 Reserve Fee $122.75
2024 Real Estate Tax $57.72
Total 2024 MF: $921.54
Total 2023 MF: $876.40

Increase of $45.14 (5.15%)

Anderson Ocean Club - 2BR
2024 Operating Fee $1,101.55
2024 Reserve Fee $215.27
2024 Real Estate Tax $101.22
Total 2024 MF: $1418.04
Total 2023 MF: $1,352.45

Increase of $65.59 (4.9%)

Anderson Ocean Club - 3BR
2024 Operating Fee $1,270.00
2024 Reserve Fee $258.51
2024 Real Estate Tax $121.55
Total 2024 MF: $1,650.06
Total 2023 MF: $1,574.92

Increase of $75.14 (4.77%)
 

Rfm6128

newbie
Joined
Mar 24, 2023
Messages
1
Reaction score
0
Resorts Owned
Grand Waikikian. Tuscany.
We've now seen Miami (12.23%) and a Gulf (15.2%) with significant % increases. Seaworld/Orlando around 8.82% for a 2 bdrm so far.

Perhaps this is due to new 2024 Florida Legislation to fully fund reserves caused by the condo collapse tragedy, and recent hurricanes with higher insurance premiums. MVC owners in Florida are also seeing increases and there is a thread about it.

May be also due to many major insurance carriers pulling out of FL and other East Coast states due to hurricane / weather. Insurance costs have skyrocketed for Homeowners / Condominium insurance.
 
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