Has Hilton bought Westgate

[bcw886]

Does anyone know if Hilton has bought out some or all or the Westgate Timeshares? I know they own the Planet Hollywood one in LV. But when I called to the Westgate # today after pushing may buttons the message came on saying I had reached Hilton Grand Resort Vacation Club??? This would be good for us as Westgate Owners, maybe this will open up some other doors for us.

 

[lcml11]

Does anyone know if Hilton has bought out some or all or the Westgate Timeshares? I know they own the Planet Hollywood one in LV. But when I called to the Westgate # today after pushing may buttons the message came on saying I had reached Hilton Grand Resort Vacation Club??? This would be good for us as Westgate Owners, maybe this will open up some other doors for us.

Is this the resort you are talking about?

http://www.lasvegassun.com/news/2012/mar/01/former-ph-towers-westgate-timeshare-resort-gets-ne/

http://www.tugbbs.com/forums/showthread.php?p=1231384

If it is, then it appears to be this location for this particular transaction. That does not mean there are not more locations that went to Hlton Grand Resort Vaction Club. I do not know.

 

[Sandy VDH]

Look up discussion on Elara here on TUG. That is the new HGVC Name.

No, HGVC did not purchase it, however, the investers have hired HGVC to run it and brand it as an HGVC. Westgate units will not be converted to HGVC at least at this time. Who know what will happen in the future with Westgate units sold.

 

[gnorth16]

IMO, speculation that the current Westgate PH owners may be able to convert to HGVC has propped up resale prices as a potential lower cost entry into the club like the Florida affiliates, FAVC and Bay Club in Hawaii. On the flip side, the flood of units that Hilton will/are trying to sell has lowered the ROFR for current owners at all the Vegas and Orlando properties. Several posters have been very happy with their low offers that have been passed by Hilton recently.

Unfortunately, the options are still the same with Westgate owners. Use, exchange within, trade in II or rent. As always, learn from here and make the most out of the TS's you have.

Welcome to TUG from a fellow Manitoban!!!!

 

[bcw886]

Thank you everyone for your replies. We own at Flamingo Bay LV not Planet Hollywood. Sounds like it is just wait and see what is going to happen. Hopefully we will receive some sort of notification from Westgate or HGVC

 

[timeos2]

Thank you everyone for your replies. We own at Flamingo Bay LV not Planet Hollywood. Sounds like it is just wait and see what is going to happen. Hopefully we will receive some sort of notification from Westgate or HGVC

You are not going to hear anything as there is nothing to hear! The Tower of Terror at PH was taken from the King to let the empire survive and build his gaudy house. You are and will continue to be stuck with Wastegate - HGVC isn't in line to bail you out.

Do whatever you want to stay in the nightmare of Wastegate or sell / trade / give it away to get out. The Elara deal was a one time thing, left THOSE Wastegate owners still stuck with Wastegate and will eventually use the majority of that 1/3 complete building monstrosity as Hilton units the Wastegate folks will not be allowed to get within a hallway of. Good luck - you'll need it with the Wastegate folks.

 

[Talent312]

Hopefully we will receive some sort of notification from Westgate or HGVC

Don't hold your breath ... not in the cards, as they say.
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[Ron98GT]

Don't hold your breath ... not in the cards, as they say.
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I don't know.

There are 1,201 units * 52-weeks/year = 62,452 potential timeshares.

There are 17.000 Westgate/II owners.

The way I read it, LV Towers 52 LLC acquired all 62,452 units (I know, I know, the owners have title, but LV Towers 52 LLC still has responsibility for the units/weeks). LV Towers 52 LLC then hired HGVC to manage the property, which I have to assume is all 62,452 units, which includes the 17,000 TS weeks already sold by Westgate.

If you assume, and I do, that Westage was randomly selling off timeshares and that there are unsold weeks in each unit -- It would be a nightmare to ignore the unsold weeks in those units. So by maintaining the unsold weeks, they are already maintaining the Westgate weeks, which they were hired to do anyway - manage the units.


Some other thoughts:

Hilton could be renting out (as Hotel units) the weeks that are in units that include Wetgate owners (the units you see for rent on the Hilton web site. That puts the Westgate owner problem off for a while. It also gives Hilton rental inventory, since they are no longer part of the ex Las Vegas Hilton on Karen.

http://www3.hilton.com/en/hotels/ne...cations-hotel-center-strip-LASCSGV/index.html


What HGVC could do, is what they are doing in California (Marbrisa?). A current Westgate owner could join HGVC, if they purchase a minimum number of points in the HGVC Elara. That would be a win-win for HGVC and Hilton. They would sell of some of that large inventory of unsold weeks (45,452). And it would resolve the problem of maintaining units that includes Westgate owners/weeks, along with unsold HGVC weeks, HGVC week owners, and Hilton rentals. The Westgate owner then become a HGVC owner.


But, as you stated, don't hold your breath.


That's my "thoughts" on the subject.