Buying points to get in Hyatt Points Program

[jay1mar2]

I currently own two Hyatt locations, Beaver Creek and Hyatt Sunset Harbor totaling 4200 points. If I can buy another 300 or 500 points at 8-12K is it worthwhile to do this as I would not only be joining the portfolio program but also reach a higher benefit level. Would appreciate any feedback from current Hyatt owners about the Portfolio Program as well. Thank you! Jim

 

[ScoopKona]

NO!

(Sometimes the one-word answer is the best.)

 

[PerryKing]

NO !! Want more points??. Then buy a deeded property (resale) somewhere where you like, might use, and while you can. Like: Pinion Point, Windword in Key west, etc... just find a week , any week with the lowest per point cost. and lowest Maintenance fee per pont. . Stay away from PPP. Plus, I think the least that Hyatt will sell you in PPP is 600 points. and the price si now as much as $17,000 (Maybe - not sure- and you can't resale them )..

 

[spec1]

On Redweek, 660 portfolio points are for sale for $88. Their resale value is close to zero. I'm not sure if the added benefits of buying from developer are worth $8-12k up front plus roughly $1k in annual maintenance fees.

 

[PerryKing]

On Redweek, 660 portfolio points are for sale for $88. Their resale value is close to zero. I'm not sure if the added benefits of buying from developer are worth $8-12k up front plus roughly $1k in annual maintenance fees.

.If you don't buy PPP directly from Hyatt the buyer loses some of the features of the PPP system.

 

[AJCts411]

Need just more points? No to portfolio. How do you get out of your obligation, annual fees? (the fees are said to be currently subsidized by MVW) Look for yourself the value of resale points, virtually worthless. Buy resale at a low maintenance fee location such as Pinion Point. The benefits of Portfolio, while sound so advantageous, in reality are limited when you look into the reality.

 

[jay1mar2]

NO !! Want more points??. Then buy a deeded property (resale) somewhere where you like, might use, and while you can. Like: Pinion Point, Windword in Key west, etc... just find a week , any week with the lowest per point cost. and lowest Maintenance fee per pont. . Stay away from PPP. Plus, I think the least that Hyatt will sell you in PPP is 600 points. and the price si now as much as $17,000 (Maybe - not sure- and you can't resale them )..

I understand what you are saying on points and how to get them. I just want the extra points to get in Portfolio program and you don't get in Portfolio just by having more points, correct?

 

[mjm1]

I understand what you are saying on points and how to get them. I just want the extra points to get in Portfolio program and you don't get in Portfolio just by having more points, correct?

If you really want to be in the portfolio program buy the minimum allowed in order to be able to use your current ownership in the program. You just have to realize that you pay a big price to do so. Whether it is beneficial is really a personal decision. Personally, we decided it isn’t a good deal for us. However, I do know some people really like it. They are not as focused on the cost like most Tuggers.

 

[spec1]

.If you don't buy PPP directly from Hyatt the buyer loses some of the features of the PPP system.

True, so the question is whether these extra benefits are worth the thousands of dollars extra. Maybe they are, maybe not. I don't know. Compared to the HRC program, the flexibility of points, ability to bank, and access to portfolio inventory are the biggest advantages.

For me personally, the biggest eye opener was that the portfolio program is very small. People on the forum here were persuading me that the portfolio program is not very good, but I was skeptical of these claims, until I carefully looked over the documents provided to me during the sales pitch. The description of component sites provides the number of unit weeks at each of the resorts in the portfolio program:

Sunset Harbor: 202
Beach House: 643
High Sierra Lodge: 272
Windward Pointe: 1,347
Highlands: 989
Coconut Plantation: 2,035
Pinon Pointe: 1,065
Wild Oak Ranch: 2,546
Aspen Residences: 207

Buying HPP from the developer may make sense for someone who really values getting into the few resorts with significant HPP inventory.

 

[AJCts411]

Sunset Harbor: 202
Beach House: 643
High Sierra Lodge: 272
Windward Pointe: 1,347
Highlands: 989
Coconut Plantation: 2,035
Pinon Pointe: 1,065
Wild Oak Ranch: 2,546
Aspen Residences: 207

Buying HPP from the developer may make sense for someone who really values getting into the few resorts with significant HPP inventory.

I think you point out that if you value one or two resorts, then the best option (and cheapest) is to buy a week to guarantee a reservation. Also, it would be interesting to compare the week units in HPP to the total number of week units at the resort. HSH has 2040. Your 202 unit weeks look slightly high, likely skewed due to owners deposit. While difficult to calculate, compare the number of points sold to the number of points available, and how many of these points are in shoulder weeks? I suspect the majority of HPP is outside of the prime Platinum or diamond weeks.

 

[spec1]

I think you point out that if you value one or two resorts, then the best option (and cheapest) is to buy a week to guarantee a reservation. Also, it would be interesting to compare the week units in HPP to the total number of week units at the resort. HSH has 2040. Your 202 unit weeks look slightly high, likely skewed due to owners deposit. While difficult to calculate, compare the number of points sold to the number of points available, and how many of these points are in shoulder weeks? I suspect the majority of HPP is outside of the prime Platinum or diamond weeks.

Somewhere on this forum I saw that somebody compiled all the HPP recorded deeds with unit numbers and weeks. It may be a bit out of date, but does show the bulk of HPP weeks.

A single deeded week is cost-effective, but not very flexible, if you don't want to go at the same time every year.

On hyatt.com, you can rent a whole week at Wild Oak Ranch in mid-July (diamond season) with the HRC owner discount for just over $2k (with taxes & fees). This is only slightly higher than corresponding deeded week MF, but significantly less than the corresponding HPC MF. Comparing daily midweek rates, it's about $265 (with taxes & fees) vs 220 points. In HPC, the MF on 220 points is ~$300. So again, it's more cost-effective to book on hyatt.com.

For Coconut Cove, in July (Silver season), it's a much better deal - 120 points per night vs $635 per night. So overall, HPP is probably worth it for somebody who wants to go multiple times for short trips to Coconut Cove.

 

[ScoopKona]

A single deeded week is cost-effective, but not very flexible, if you don't want to go at the same time every year.

Huh? Seriously, what?

Even with the nerfing of II, we have the most flexible system there is. Got enough points? Is it available? You can go. My wife and I have traveled around the world during school holidays owning a winter week in Key West. I don't think we have ever once traveled anywhere near the time we own. And we've never once used what we own. We bought it just for the flexibility of trading.

 

[Kal]

Huh? Seriously, what?

Even with the nerfing of II, we have the most flexible system there is. Got enough points? Is it available? You can go. My wife and I have traveled around the world during school holidays owning a winter week in Key West. I don't think we have ever once traveled anywhere near the time we own. And we've never once used what we own. We bought it just for the flexibility of trading.

The poster really needs to carefully review the HRC program. Thank you for providing some valuable, important factual information. Like you, I have never stayed in the unit-week, much less the resort I own. I always use the point value to stay elsewhere.

 

[spec1]

Huh? Seriously, what?

Even with the nerfing of II, we have the most flexible system there is. Got enough points? Is it available? You can go. My wife and I have traveled around the world during school holidays owning a winter week in Key West. I don't think we have ever once traveled anywhere near the time we own. And we've never once used what we own. We bought it just for the flexibility of trading.

The poster really needs to carefully review the HRC program. Thank you for providing some valuable, important factual information. Like you, I have never stayed in the unit-week, much less the resort I own. I always use the point value to stay elsewhere.

My comment was in the context of the remark below, namely buying a fixed week with the intent of staying in it (compared to buying points in HPC). For the handful of resorts well-represented in HPC, portfolio points may give more flexibility for short stays throughout the year. Paying cash is also pretty flexible. However, both of these options may be less cost-effective. I do agree however, that outside of this narrow scenario, buying a low MF fixed week for exchange is the way to go.

if you value one or two resorts, then the best option (and cheapest) is to buy a week to guarantee a reservation.

 

[ScoopKona]

For the handful of resorts well-represented in HPC, portfolio points may give more flexibility for short stays throughout the year.

Nope. Just costs considerably more.

 

[AJCts411]

My comment was in the context of the remark below, namely buying a fixed week with the intent of staying in it (compared to buying points in HPC). For the handful of resorts well-represented in HPC, portfolio points may give more flexibility for short stays throughout the year. Paying cash is also pretty flexible. However, both of these options may be less cost-effective. I do agree however, that outside of this narrow scenario, buying a low MF fixed week for exchange is the way to go.

To clarify, "if you value one or two resorts, then the best option (and cheapest) is to buy a week to guarantee a reservation." was a response to the part in the posting "Buying HPP from the developer may make sense for someone who really values getting into the few resorts with significant HPP inventory.". If your desire is to guarantee a reservation at a few resorts, then rather than spending say 20K for 1800 HPP points one could buy at likely 3 weeks at three resorts for about the same or less to guarantee a reservation AND have 5400 points to trade into other locations. A HUGE difference. . edited to add, this was recently posted...."Alright, so we passed ROFR ($3,500 for an 1,880 point week at Pinon Pointe). A huge difference compared to HPP. "

 

[PerryKing]

I understand what you are saying on points and how to get them. I just want the extra points to get in Portfolio program and you don't get in Portfolio just by having more points, correct?

I said that as an alternative to even wanting to get into the Hyatt PPP system. Which as you can see from the more current post to your question here that buying any HPP is not recommended by most.

 

[Mongoose]

A single deeded week is cost-effective, but not very flexible, if you don't want to go at the same time every year.

This is just not acurate for anything Hyatt. Maybe an independent or other brand. A legacy deeded week is nearly as flexible Portfolio with a few minor expectations that really are not worth the outrageous maintenance fees. In fact I would argue that HRC gives you more access to sites like Maui. There are only 7 resorts participating in Portfolio and only 30% of those are portfolio contracts and 70% of the inventory is in just 3 locations. There are 8 more resorts that are 100% HRC deeded weeks that may be "deposited" into portfolio for those that own some.

 

[ivywag]

I think you point out that if you value one or two resorts, then the best option (and cheapest) is to buy a week to guarantee a reservation. Also, it would be interesting to compare the week units in HPP to the total number of week units at the resort. HSH has 2040. Your 202 unit weeks look slightly high, likely skewed due to owners deposit. While difficult to calculate, compare the number of points sold to the number of points available, and how many of these points are in shoulder weeks? I suspect the majority of HPP is outside of the prime Platinum or diamond weeks.

Remember that the Portfolio was populated by the unsold units at each of the participating resorts. They were not great weeks from the very beginning.

 

[wendyleighj]

I currently own two Hyatt locations, Beaver Creek and Hyatt Sunset Harbor totaling 4200 points. If I can buy another 300 or 500 points at 8-12K is it worthwhile to do this as I would not only be joining the portfolio program but also reach a higher benefit level. Would appreciate any feedback from current Hyatt owners about the Portfolio Program as well. Thank you! Jim

Which BC resort? Are you a member of this Facebook group dedicated to HVC Heritage Collection? https://www.facebook.com/groups/48131613756/

 

[ArizonaSun4Fun]

Remember that the Portfolio was populated by the unsold units at each of the participating resorts. They were not great weeks from the very beginning.

While this point is definitely true, the Portfolio program has more opportunity for people to get decent trades than what it used to offer. Remember the people that "upgraded" their HRC weeks by buying into Portfolio now often deposit their weeks into the Portfolio inventory, which are then immediately available ONLY for Portfolio members until six months before check-in date. I would guess the demographics of many of the HRC owners happen to be a bit older with higher disposable incomes. They are willing to pay for something that is easier to use then having to keep track of HRPP, CUP, LCUP, RCUP, and various requirements to book less than a full week. And you can save a ton of points by checking out on Saturday morning and staying at a hotel. The HRC program is definitely the way to go if you buy a week with high points and low maintenance fees, AND know how to use the system.

 

[wendyleighj]

True, so the question is whether these extra benefits are worth the thousands of dollars extra. Maybe they are, maybe not. I don't know. Compared to the HRC program, the flexibility of points, ability to bank, and access to portfolio inventory are the biggest advantages.

For me personally, the biggest eye opener was that the portfolio program is very small. People on the forum here were persuading me that the portfolio program is not very good, but I was skeptical of these claims, until I carefully looked over the documents provided to me during the sales pitch. The description of component sites provides the number of unit weeks at each of the resorts in the portfolio program:

Sunset Harbor: 202
Beach House: 643
High Sierra Lodge: 272
Windward Pointe: 1,347
Highlands: 989
Coconut Plantation: 2,035
Pinon Pointe: 1,065
Wild Oak Ranch: 2,546
Aspen Residences: 207

Buying HPP from the developer may make sense for someone who really values getting into the few resorts with significant HPP inventory.

When and where did you get these numbers? The last annual official report filed with the state of Florida was 8/22/23. The numbers then are different than yours.
2023 CHANGE from 2022

WOR 2,533 2,436 +97

CC 1,864 1,771 +93

WP 1,510 1,229 +281

HI 962 857 +105

PP 838 719 +119

BH 636 518 +118

HS 353 240 +113

SH 212 188 +24

 

[wendyleighj]

This is just not acurate for anything Hyatt. Maybe an independent or other brand. A legacy deeded week is nearly as flexible Portfolio with a few minor expectations that really are not worth the outrageous maintenance fees. In fact I would argue that HRC gives you more access to sites like Maui. There are only 7 resorts participating in Portfolio and only 30% of those are portfolio contracts and 70% of the inventory is in just 3 locations. There are 8 more resorts that are 100% HRC deeded weeks that may be "deposited" into portfolio for those that own some.

As of 8/22/23 there are 8 HVC resorts, plus non-HVC Aspen Mountain Residences, participating in HPC/PORTFOLIO. 27.4% HPC ( 32,480 TOTAL HVC UNIT WEEKS @ 8 RESORTS (excluding Aspen) divided by 8,908 HPC unit weeks) ; 49% of HPC inventory is at WOR & CC = 4,397

 

[Tucsonadventurer]

True, so the question is whether these extra benefits are worth the thousands of dollars extra. Maybe they are, maybe not. I don't know. Compared to the HRC program, the flexibility of points, ability to bank, and access to portfolio inventory are the biggest advantages.

For me personally, the biggest eye opener was that the portfolio program is very small. People on the forum here were persuading me that the portfolio program is not very good, but I was skeptical of these claims, until I carefully looked over the documents provided to me during the sales pitch. The description of component sites provides the number of unit weeks at each of the resorts in the portfolio program:

Sunset Harbor: 202
Beach House: 643
High Sierra Lodge: 272
Windward Pointe: 1,347
Highlands: 989
Coconut Plantation: 2,035
Pinon Pointe: 1,065
Wild Oak Ranch: 2,546
Aspen Residences: 207

Buying HPP from the developer may make sense for someone who really values getting into the few resorts with significant HPP inventory.

With the exception of Sunset and Aspen these resorts are easy to exchange in to. If there is one of these that you frequent buying a resale at that resort would save you significant money plus you'd have resale value if you ever want to get out of it. Great list!

 

[spec1]

When and where did you get these numbers? The last annual official report filed with the state of Florida was 8/22/23. The numbers then are different than yours.
2023 CHANGE from 2022

These numbers are from "TABULAR DESCRIPTION OF EACH COMPONENT SITE ACCOMMODATIONS" document that was provided to me in April after an HPC sales pitch. According to the document, the numbers are effective 1/30/24.