Check my HRC purchase plan

[Chy]

Hi

I’ve been reading up a ton on here about HRC and I’m ready to get my purchase plan critiqued.

1.Buy a diamond week at the cheapest price (which?) or with the cheapest annual fees. (Pinon?)

2. I plan to stay at high sierra off season annually around Easter. Since Easter fluctuates a lot a specific week doesn’t work. I can only take the week after Easter every year. I think I shouldn’t have too much trouble getting a week then?

3. If I trade for the above week do I keep the difference in points? So I can use them at Hyatt Carmel as well and get more than a week?

4. I would plan on some attempts at Hyatt maui in the future and a diamond week appears to be the only way to do that. Possibly also ski weeks.

Thoughts?

 

[Kal]

I would definitely buy a 2200 point diamond week, but wouldn't necessarily focus on the lowest M/F. Go with a good quality resort. Thinking long term, you can always stay at the week owned if things don't work out as planned. Also, way down the road, you will get better resale value with a quality resort.

Pay close attention to the week you buy. You need to work out a timeline where your points are available to book the target week when it becomes available in the system. That availability is a minimum of 6 months prior to occupancy, but could be maybe 9-10 months.

If the resort-week selected costs fewer points than owned, the balance of points stays in your account for use elsewhere.

I wouldn't suggest you include Maui in your game plan. For timing, it will be difficult to make that work. Buying a cheap unit wanting to get maybe the best resort in the system is like a "free lunch".

 

[ScoopKona]

I’m ready to get my purchase plan critiqued.

I bought a week I will never, ever use. I won't stay there, ever. I bought a week in my home town -- I have better options if I ever return home.

That being said, I also recommend buying something you wouldn't mind using if nothing works out.

If at six-months and one day out, you come up empty, it's better to have a plan B. Plan B can always be, "deposit everything into Interval and get another year to play with the points."

If I could trade my Key West week, which I will never use for a Carmel week which I absolutely would use, I'd make that trade in a heartbeat.

 

[Mongoose]

I would definitely buy a 2200 point diamond week, but wouldn't necessarily focus on the lowest M/F. Go with a good quality resort. Thinking long term, you can always stay at the week owned if things don't work out as planned. Also, way down the road, you will get better resale value with a quality resort.

Pay close attention to the week you buy. You need to work out a timeline where your points are available to book the target week when it becomes available in the system. That availability is a minimum of 6 months prior to occupancy, but could be maybe 9-10 months.

If the resort-week selected costs fewer points than owned, the balance of points stays in your account for use elsewhere.

I wouldn't suggest you include Maui in your game plan. For timing, it will be difficult to make that work. Buying a cheap unit wanting to get maybe the best resort in the system is like a "free lunch".

You are much more likely to have ROFR issues with Diamond Or pay substantially more. I have Gold 1880 and it works well for me.

 

[Kal]

For ROFR Hyatt wants cheap. They really don’t take modest priced weeks. 2200 points is really important as it doesn’t limit prime weeks


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[Mongoose]

For ROFR Hyatt wants cheap. They really don’t take modest priced weeks. 2200 points is really important as it doesn’t limit prime weeks


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I disagree. In my experience they have no interest in cheap seasons and EOY. They typically get involved in 2000 and 2200 contracts and will take them at $4K. I picked up a silver 1400 for $1 and a gold 1880 for $500 with now issues.

 

[Kal]

I disagree. In my experience they have no interest in cheap seasons and EOY. They typically get involved in 2000 and 2200 contracts and will take them at $4K. I picked up a silver 1400 for $1 and a gold 1880 for $500 with now issues.

Hyatt's model is changing with time. Right now, Marriott is hard to profile on ROFR. The 2000 and 2200 point weeks seem to be of interest, but only if they can get them on the cheap. I really don't think they would even look at 1400 or 1880 point weeks. The big uncertainty is taking a week to feed Portfolio. Somehow, they've got to stock up the Trust with some quality weeks rather than rely on HRC owner annual deposits.

For me, I'm watching the ROFR decision as I have "skin in the game".

 

[Chy]

Where are you even finding 2000 and 2200 contracts at $4k?

 

[Chy]

Also, let’s say I want to only book trips for spring and summer. Say April through august. Which weeks would I be best buying in general in terms of booking windows if I want to swap for other resorts?

 

[Tucsonadventurer]

Where are you even finding 2000 and 2200 contracts at $4k?

We bought an 1880 week for 3,000 on myresortnetwork.com but once you hit 2200 points prices go up .

 

[Kal]

Where are you even finding 2000 and 2200 contracts at $4k?

One place where Hyatt watches is the repo lists at the resorts. Not all resorts are aggressive in selling repo weeks, but some are.

 

[Kal]

Also, let’s say I want to only book trips for spring and summer. Say April through august. Which weeks would I be best buying in general in terms of booking windows if I want to swap for other resorts?

The April thru Aug is a fairly wide range to create a strategy. Let's look at the parameters. A target week can appear as early as 12 months prior. The large segment will appear 6 months prior. So first off, you need to get on the request list for multiple choices. When any of those become available, the first person on the request gets that unit. The risk is if a lesser desired unit opens, that's the one you get. So you have to be careful. In any case you must have points available at that moment, otherwise your name will be passed over in favor of the next name on the request list. So you have to think about the week you own as you will receive those points 12 months prior to the ownership week. I would prepare a timeline to lay out all these options. If you only want a specific target week, it becomes simple. For multiple targets over 5 months, it becomes a real challenge making the numbers work. Then too, you have to own the right amount of points to book the target week point value. Owning a 2200 point week gives you sufficient latitude to eliminate the points issue. Owning a couple of HRC weeks gives you even more latitude especially when those owned weeks are sufficiently separated by time.

Ooooh, it makes my head hurt thinking about all this, but I have been doing it for sooo long it becomes second hand.

 

[Kal]

We bought an 1880 week for 3,000 on myresortnetwork.com but once you hit 2200 points prices go up .

It's all about the price of poker. The advantages of owning 2200 points over 1880 are significant. For me, buy a quality resort at a reasonable price and you will ultimately have a chance of getting your money back. But remember, timeshares are a "prepaid vacation". It's NOT an investment. It's up to you to extract good value from that sunk capital.

 

[Mongoose]

Where are you even finding 2000 and 2200 contracts at $4k?

Asking price, is just that, offer them what you want, and they can accept or decline. A lot of people that have had theirs listed for years will be happy to sell it at a bargain price, but if its two low, ROFR kicks in. Also if you can get 1880 for $500 is it really worth it to pay $6500 for 2000 points?

 

[Kal]

... Also if you can get 1880 for $500 is it really worth it to pay $6500 for 2000 points?

For me, is it really worth it to buy 1880 points?

 

[Mongoose]

For me, is it really worth it to buy 1880 points?

To each his own. I get 4-5 stays with that. More than worth it for me. I can see if you need the 2000 for a seven day stay, but that's not how we like to travel . Personal choice, but its not worth the $6K upcharge for 120 points.

 

[ScoopKona]

Also, let’s say I want to only book trips for spring and summer. Say April through august. Which weeks would I be best buying in general in terms of booking windows if I want to swap for other resorts?

Google a Hyatt point chart. See what the places you want charge for various times of the year.

I just booked three weeks with my single Hyatt week. This isn't an exception. This is how it works most years. I started with 1,300 points, but my week got bumped up to 1,880 a few years ago. That works fine for me. You'll have to decide for yourself how many points you need. In general, it's better to have one week and one maintenance fee. But there ARE people who own two weeks (they need to be close to each other in time) and use the combined points to "punch above their weight class."

 

[Kal]

... But there ARE people who own two weeks (they need to be close to each other in time) and use the combined points to "punch above their weight class."

I really like your use of terms. Fun!

 

[Chy]

To each his own. I get 4-5 stays with that. More than worth it for me. I can see if you need the 2000 for a seven day stay, but that's not how we like to travel . Personal choice, but its not worth the $6K upcharge for 120 points.

My understanding of what you are saying here is you put all your points in interval and don’t book at hyatts? Rather you use your points for quantity of nights with perhaps some reduction in quality? Or room size?

 

[Chy]

The April thru Aug is a fairly wide range to create a strategy. Let's look at the parameters. A target week can appear as early as 12 months prior. The large segment will appear 6 months prior. So first off, you need to get on the request list for multiple choices. When any of those become available, the first person on the request gets that unit. The risk is if a lesser desired unit opens, that's the one you get. So you have to be careful. In any case you must have points available at that moment, otherwise your name will be passed over in favor of the next name on the request list. So you have to think about the week you own as you will receive those points 12 months prior to the ownership week. I would prepare a timeline to lay out all these options. If you only want a specific target week, it becomes simple. For multiple targets over 5 months, it becomes a real challenge making the numbers work. Then too, you have to own the right amount of points to book the target week point value. Owning a 2200 point week gives you sufficient latitude to eliminate the points issue. Owning a couple of HRC weeks gives you even more latitude especially when those owned weeks are sufficiently separated by time.

Ooooh, it makes my head hurt thinking about all this, but I have been doing it for sooo long it becomes second hand.

Ok, let’s make it a little simpler then. Let’s say I want to travel April only. What would be the ideal week for swapping to other Hyatt resorts, and if that doesn’t work to get the most out of the points? This is assuming never staying at the purchased resort.

 

[Kal]

Ok, let’s make it a little simpler then. Let’s say I want to travel April only. What would be the ideal week for swapping to other Hyatt resorts, and if that doesn’t work to get the most out of the points? This is assuming never staying at the purchased resort.

What about the Easter period?

 

[ScoopKona]

Ok, let’s make it a little simpler then. Let’s say I want to travel April only. What would be the ideal week for swapping to other Hyatt resorts, and if that doesn’t work to get the most out of the points? This is assuming never staying at the purchased resort.

1) Interval or Hyatt? If "Interval," it doesn't matter. There are only three numbers you need to know with Interval. 1300 for a 2bd, 870 for a 1bd, 430 for a studio. It *can* be less during low-demand time. But just assume it's going to be one of those three. You have two years to use Interval points. So it simply doesn't matter.

2) If Hyatt, where do you want to stay in April? You should just buy it in that case.

 

[Chy]

What about the Easter period?

Yes, the week after Easter. But this is very different year to year and doesn’t seem to work well with a fixed week.

 

[Chy]

1) Interval or Hyatt? If "Interval," it doesn't matter. There are only three numbers you need to know with Interval. 1300 for a 2bd, 870 for a 1bd, 430 for a studio. It *can* be less during low-demand time. But just assume it's going to be one of those three. You have two years to use Interval points. So it simply doesn't matter.

2) If Hyatt, where do you want to stay in April? You should just buy it in that case.

understood for your points #1. For #2 my concern is I’m going to have to trade most years to get the week after Easter since it’s rather variable. So I’m trying tounderstand the best way to swap for Hyatt too. Primaries would be high sierra or Carmel, possibly Pinon or northstar.

 

[Chy]

Just a comment but $500 for a gold week and getting 2 weeks of 1 bedrooms with points seems
Like a great deal?