• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

60% Points Adjustment (Merger Related)

hgvcowner88 said:
It's totally a pain to adjust to the changing points. But if they had adjusted the DRI people, they would have adjusted their point values down to match with "ours". People in DRI seeing their points go down would have created a negative feeling for most versus HGVC people seeing their points increase.
Click to expand...
I mentioned this earlier in the thread, but the reason DRI points aren't changing is likely because they have declared inventory and points in multiple land based trusts. HGV doesn't have any trusts, simply an exchange system that they can change at will.
 
Because we are Platinum DRI our Booking Window for Home Collection (Cabo Azul) is 14 months vice 13 months. For all other DRI Collections 11 months vice 10 months.

Also remember many of the Resorts listed on the DRI Web Site are Affiliates not managed or owned by DRI. Resell buyers in DRI only have access to their Home Collection minus the Affiliates.
 
NOLA47 said:
what are the 6 DRI resorts you are referring to that will likely be converted to HVC by Q2??
Click to expand...

I think they are referring to the 6 resorts they are rebranding HVC (what most DRI resorts will eventually be rebranded to).
 
geist1223 said:
Number of Points depends on the Resort and the View. A 2 Bedroom Pool/Partial Ocean View at Cabo Azul for January 2023 was about 14,650 Points for the week.
Currently at Point at Poipu. All Units 2 bedroom 1st week Garden View 9350. 2nd week Ocean View darn close to Ocean Front 12,650 Points.
Click to expand...

OK, sounds a lot like HGVC where there are premiums on certain properties. What are the points for a 2 bedroom places like Sedona, Tahoe or Virgin Beach? Places that are more in line with South Carolina, Carlsbad or Orlando?
 
NOLA47 said:
what are the 6 DRI resorts you are referring to that will likely be converted to HVC by Q2??
Click to expand...

I'm making a big leap here - but there were a bunch of properties added to the "RCI Select Exchange", at least a few of which seem to be the lead DRI resorts. I didn't have a quick way to verify which of these are Diamond properties, so here's the whole list. Wondering if the DRI properties listed will also be the first to convert. (Like I said, not all are DRI and a big leap, but the world runs on speculation these days.)
  • Driftwood Beach Club, Lauderdale by the Sea, FL
  • Legacy Vacation Club Indian Shores, Indian Shores, FL
  • Gulf Tides of Longboat Key, Longboat Key, FL
  • Desert Isle of Palm Springs, Palm Springs, CA
  • Worldmark Wine Country Sonoma, Sonoma, CA
  • Caprediem Roma Golf Club, Italy
  • Royal Regency, Vincennes, France
  • Fitzpatrick Holiday Homes, Ireland
  • Estival Park, Spain
  • Morritt's Grand Resort, Cayman Islands
  • Simpson Bay Resort & Marina, St. Maarten
  • Bluebeard's Castle Hilltop Villas, St. Thomas
  • Divi Aruba Phoenix Beach Resort, Aruba
  • The Quarter House, New Orleans
  • Bluegreen La Pension, New Orleans
  • Greensprings Vacation Resort, Williamsburg
  • Sedona Springs Resort, Sedona
  • Scottsdale Camelback Resort, Scottsdale
 
dayooper said:
OK, sounds a lot like HGVC where there are premiums on certain properties. What are the points for a 2 bedroom places like Sedona, Tahoe or Virgin Beach? Places that are more in line with South Carolina, Carlsbad or Orlando?
Click to expand...

From the TS comparison chart, DRI normal 2Br unit was listed at 10,000 pts and HGVC was listed at 7,000 pts. I think I was the one who contributed for HGVC club.
tug2.net

Timeshare System Points Comparison Chart

side by side comparison chart of all the major Timeshare Point systems
tug2.net
 
I think to do any comparison we really need to look at how much a point cost in each structure and what fees would have been changed to make a reservation. I know the HGV point structure has been well documented here with the @GT75 spreadsheet. I'd guess the range for most Platinum deeds (Think In Season) HGV owners is $.12-.18/point and Gold/Silver (off season) owners are likely double those figures or more per point. Any idea on the DIA side?

edited to add info and expand cost per point info.
 
Last edited:
I'm an owner at affiliate Bay Club, enrolled in HGVC, but didn't get the letter. We should get the 0.6 increase too, otherwise I'll stop paying club dues.
 
dsmrp said:
I'm an owner at affiliate Bay Club, enrolled in HGVC, but didn't get the letter. We should get the 0.6 increase too, otherwise I'll stop paying club dues.
Click to expand...

I received my E-mail 2 hours ago.

One of the reasons I’m on TUG…… Timeshare companies don’t always distribute information at the same time to all owners.
 
GT75 said:
From the TS comparison chart, DRI normal 2Br unit was listed at 10,000 pts and HGVC was listed at 7,000 pts. I think I was the one who contributed for HGVC club.
tug2.net

Timeshare System Points Comparison Chart

side by side comparison chart of all the major Timeshare Point systems
tug2.net
Click to expand...

If that’s typical, then HGVC owners will do OK.

We tend to gravitate towards units that are above average. Our HGVC ownership is the only one we own that’s a standard unit.

that chart also highlights why we kept Hilton and dropped DRI. The typical 2 bedroom MF for Hilton was $1,200. For DRI it shows $2,000.
 
Last edited:
geist1223 said:
In DRI we do not pay a Reservation/Booking Fee. Also only the 1st Day of the Reservation has to be within the Booking Window. We also have the Club Select/Club Combination in which you make a Booking in one of your other Timeshare Organizations , give it to DRI, and get DRI Points in exchange. We are Cabo Azul Members.
Click to expand...

@geist1223 I own both HGVC and DRI and have Club Combo'd one of my HGVC properties. I wonder about this "double dip" and what it might mean. Last year I booked a Silver week studio at the Flamingo for 1,100 points and got 5,500 DRI points! That was enough to me a 2 BR at Sedona Summit at 5,000 points within the 60-day 50% off window.
 
Last edited:
geist1223 said:
Because we are Platinum DRI our Booking Window for Home Collection (Cabo Azul) is 14 months vice 13 months. For all other DRI Collections 11 months vice 10 months.

Also remember many of the Resorts listed on the DRI Web Site are Affiliates not managed or owned by DRI. Resell buyers in DRI only have access to their Home Collection minus the Affiliates.
Click to expand...
What was the minimum points needed to be Platinum under DRI ?
 
Last edited:
BingoBangoBongo said:
I'd guess the range for most HGV owners is $.12-.18/point.
Click to expand...
I think that is quite low. Any Platinum deed in Orlando, SW FL affiliates, South Carolina, California, Colorado, Utah, most of Hawaii (except those mega-deeds), just to name a few places, would have their MF/pt ratios starting at the high end of your range. Then add in all of the Gold, Silver and Bronze deeds out there. I think the "average" is probably over $0.20/pt -- it is just that those who have more knowledge of the system (and tuggers are more in that category) tend to avoid those more expensive deeds (on a MF/pt basis).

Kurt
 
In Diamond Resorts, the US Collection costs 0.20 per point, but then there are additional fees. Deeded weeks usually cost much less per point. I believe the Hawaii Collection is much higher per point. My cheapest Diamond resort costs 8 cents per point, and my most expensive is my US Collections ownership.

Is the HGVC cost with the new 60% bump, or was it 0.12 - 0.20 per point without the 60% bump in points?
 
Piggybacking on the question of points needed for platinum in DRI - They have something called centum now. You need 100,000 Diamond Resort points to reach that level. Insane! I can't imagine ever using that many points in 1 year...
 
chemteach said:
In Diamond Resorts, the US Collection costs 0.20 per point, but then there are additional fees. Deeded weeks usually cost much less per point. I believe the Hawaii Collection is much higher per point. My cheapest Diamond resort costs 8 cents per point, and my most expensive is my US Collections ownership.

Is the HGVC cost with the new 60% bump, or was it 0.12 - 0.20 per point without the 60% bump in points?
Click to expand...

I think you’re quoting numbers I posted above. As @PigsDad added, the numbers I wrote apply to Platinum deeds, with Gold or Silver being much higher than that. I know I’ve looked at some Gold deeds in the high 30 cents per point and a few over 40 cents per point. My current average MF cost is a little over $.14 per point and is dropping to about $.093/point with this adjustment. I own Platinum deeds at Kings Land (Big Island) and Elara. (Vegas) and those are around $.11-12/point. Also own Platinum deeds at Valdoro (Breckenridge) and the District (DC) and those are up in the $.18-19/point.
 
BingoBangoBongo said:
I think you’re quoting numbers I posted above. As @PigsDad added, the numbers I wrote apply to Platinum deeds, with Gold or Silver being much higher than that. I know I’ve looked at some Gold deeds in the high 30 cents per point and a few over 40 cents per point. My current average MF cost is a little over $.14 per point and is dropping to about $.093/point with this adjustment. I own Platinum deeds at Kings Land (Big Island) and Elara. (Vegas) and those are around $.11-12/point. Also own Platinum deeds at Valdoro (Breckenridge) and the District (DC) and those are up in the $.18-19/point.
Click to expand...
is the $.11 and $.19 per pont with the 60% bump?
 
chemteach said:
is the $.11 and $.19 per pont with the 60% bump?
Click to expand...

The $.11 and $.19 are under the current (old) structure. Once the points are increased my range will drop to about $.07/pt-$.125/pt. My average will end up around $.093.

To add some more detail, my current MF/point under the old system ranges from $.11-$.20/pt and will drop to $.07-$.123 when the 60% point increase goes into effect.

Those deeds are all Platinum. If they were Gold in the same room type (ie; 1 BR Grand vs 1 BR Grand) those would currently range from $.16-$.28/point. Those will drop to $.10-$.17/point under the new structure.

If I look at Gold deeds at the lowest category in the same room type (ie: 1BR instead of 1BR Grand) the current rate would range from $.265-$.41/point, dropping to $.174-$.26/point.

As you can see there is a pretty wide spread on MF costs per point. A few weeks ago in Orlando I was offered a 1600 point deed with a current MF of around $.45/point as a way to get into Max, with no details provided on what the rules would be. Hard pass then and there still are no details on how any exchange program will work or cost.
 
Last edited:
Talent312 said:
Why not restructure DRI points to line up with "ours?"
IMO. they should be the ones having to learn new math.

Now, I need to add more formulas to my spreadsheets.
Click to expand...
May be multiplying HGVC points by 1.6 give an integer number of points most of the time where dividing DRI points by 1.6 will give a fractional number of points very often.
Example: a 1 bdrm scenic view at Ka'anapali Beach Club at 6,500 pts would be 6,500 / 1.6 = 4,062.5 pts.
They could round the 4,062.5 pts to 4,063 pts or truncate it to 4,062 pts but the number of points in any trusts must match with what they sold.
If somebody own 13,000 pts and HGV adjust it to 13,000 / 1.6 = 8125 pts and they round the 4,062.5 pts to 4,063 pts then this member will not be able to book anymore 2 weeks at KBC like he was able to do. If HGV truncate it to 4,062 pts then this member will have a 1 pts remaining after booking 2 weeks. So, the trust will be short in points.
The only solution to not screw trusts or members would be to keep those fraction of points but IMHO, it doesn't make sense to have fraction of points.
So, increasing HGVC number of points is probably a better solution than decreasing DRI points.
 
Did anyone see how this will affect conversion to HHonors points? With Club points now increased by 60%, it might make the 1:50 conversion more appealing.

Sean
 
You must log in or register to reply here.
Top