Welk to WoH is 3:1
WoH to HRC is 41:1
so, 540,000 Welk points are worth 180,000 WoH points are worth 4,390 HRC points.
540,000 Welk points are apx $2958
My Hyatt maintenance fees are almost $1/point. IF the above ends up being the case, then Welk maintenance fees are at an apx 30% discount to HRC points. IF in 2024 when the systems are scheduled to be integrated, AND the above holds true, then it would be an interesting play to reduce maintenance fees on points. Of course, my assumptions and math could be incorrect, what Hyatt actually does could be wildly different than the speculation here, and there is risk that MVC decides to rapidly inflate the maintenance fees on Welk points (they certainly did it to HRC fees). RE
@Panzerman45 original idea of buying Welk to get in to HRC on the cheap… personally, I would hold off for a couple of years and see how all this shakes out. Too many unknowns at this point to risk being stuck with something that will not work the way you want it to.