HGV Max in the Club Reference Guide

[PigsDad]

Thanks Kurt, Do you know the lower tiers for the rest of us? e.g. was it 14,000 old points and 24,000? I can do the 1.6x math but cannot find this easily in the guide or the stickys.

Yes, the old point levels were 14K for Elite, 24K for Elite Plus and 34K for Elite Premier.

Kurt

 

[natarajanv]

Looking at this chart, there might be 6 levels:

 

[Nowaker]

6 levels

*bleep* level and 5 real levels, is what you're really saying.

 

[SmithOp]

*bleep* level and 5 real levels, is what you're really saying.

hey they are giving us one free guest certificate, that's no *bleep*!

Sent from my Lenovo 10e using Tapatalk

 

[Mongoose]

I have the

I see Bay Club as well on page 14

I Have the Bay Club. do you have personal experience?

 

[hurnik]

So the basic crux of the situation is that us HGV members (pre grandfather phase) continue (so far) to book HGV like usual.
If we want DRI resorts, we'll either have to buy DRI, Purchase Max, or possibly if the resort is in RCI, book it that way.

It seems it doesn't (IMO) make sense to spend $7k for DRI access and I'd be better off using RCI (if possible) or buying resale DRI?

Although I know I tried to put an OGS in for Cabo Azul in RCI (last year, maybe?) and the system wouldn't let me. Called and the rep tried doing it as well and it wouldn't let her. She dug into it and said the resort wasn't "in" the RCI system or something similar (I know it's in Interval) so I wonder if that was something to do with DRI/HGV merger? Dunno. But she thought it was weird that the resort was in the list, but unable to be booked/OGS'd.

BUT that was a while ago (that's one of the few DRI resorts I'd be interested in)

I've never been able to book via Interval for that resort, either. (shows up in the list, but never get a match with my trades)

 

[escanoe]

So the basic crux of the situation is that us HGV members (pre grandfather phase) continue (so far) to book HGV like usual.
If we want DRI resorts, we'll either have to buy DRI, Purchase Max, or possibly if the resort is in RCI, book it that way.

It seems it doesn't (IMO) make sense to spend $7k for DRI access and I'd be better off using RCI (if possible) or buying resale DRI?

Although I know I tried to put an OGS in for Cabo Azul in RCI (last year, maybe?) and the system wouldn't let me. Called and the rep tried doing it as well and it wouldn't let her. She dug into it and said the resort wasn't "in" the RCI system or something similar (I know it's in Interval) so I wonder if that was something to do with DRI/HGV merger? Dunno. But she thought it was weird that the resort was in the list, but unable to be booked/OGS'd.

BUT that was a while ago (that's one of the few DRI resorts I'd be interested in)

I've never been able to book via Interval for that resort, either. (shows up in the list, but never get a match with my trades)

The RCI OGS system is inherently buggy, but usually works for me if I wait a while after having trouble.

There are 16 Cabo Azul (#DN82) check-in nights available on RCI right now. They are all studios. It did let me add the resort to a previously created OGS. For the heck of it, I will see if it eventually hits a 2 BR. For no more exchanging to DRI than I would do through HGV Max, it is going to be way cheaper for me to pay RCI exchange fees and resort fees. Also, I still think our whole HGV family will eventually be headed toward the DeX exchange .... after they sell HGV Max upgrades for a while.

Note: It is also available in the HGVC portal, point values above are "RCI Points"

 

[escanoe]

Since the post above drove me to both my RCI Points Account and the HGVC RCI Portal, I have made an interesting discovery.

While the Historic Powhatan Resort in Williamsburg has recently been rebranded HGV, it shows up with a ton of availability in my RCI Points account and shows NO availability through the HGVC Portal.

HGVC RCI Portal:

Regular RCI Points Account:

Note: Because of the high resort fee ($25/night) in the overbuilt and competitive Williamsburg market, there is usually a glut of available inventory on RCI and it gets discounted significantly as check-in dates approach.

 

[edboyd59]

I might ask this in a separate thread, but a salesman once told me that direct family members were allowed to add other direct family members to their deeds. Anyone know if this was/is true? My wife's parents own 5500 (old) retail points. Those points, combined with my current ownership, would put us less than 2k (old) points from the (old) Elite status -- if I can find a way to combine the accounts. (Both ownerships -- mine and theirs --were retail purchases, FWIW.)

I am a DR owner but I think I saw something similar in the HGV Club Guide. Family members can gift their ownership to family members at no cost. I think that this is what you are looking for. Once combined, the annual maintenance fee information usually includes the cost per point, so if your wife's parents wanted to do this, you could work out an agreement in which they pay their share and you pay yours of the annual fee. Just make sure that you and your wife stay together, or things could get really complicated for everyone involved. ;-)

 

[Sandy VDH]

It looks like they added a new level below the existing 14K now 22.8K Elite (base) and a new 100K level above the existing Elite Premier.

I should assume that having MAX also allows you access to DRI only at the 6 month mark as well, if you added that feature. I haven't really looked at the complete list of DRI properties, but I do know of only a few that I am interested in.

The only thing that I like about MAX is getting the unlimited reservations fees, I would prefer that option, but the ROI for $7K to get it is decades. Be interested in hearing if Scotland Resale door has closed for sure, as I'd rather do that route, but I really don't need more points.

 

[Nowaker]

you could work out an agreement in which they pay their share and you pay yours of the annual fee

Also, only one yearly club fee, not two, so y'all can split that.

 

[SmithOp]

I've stayed at several DRI resorts using other trading systems, Interval and GPX, so there have been deposits in various systems in the past. It will be interesting to see if any show up in the future, or if they all go to Max.

 

[NiteMaire]

Although I know I tried to put an OGS in for Cabo Azul in RCI (last year, maybe?) and the system wouldn't let me. Called and the rep tried doing it as well and it wouldn't let her. She dug into it and said the resort wasn't "in" the RCI system or something similar (I know it's in Interval) so I wonder if that was something to do with DRI/HGV merger? Dunno. But she thought it was weird that the resort was in the list, but unable to be booked/OGS'd.

BUT that was a while ago (that's one of the few DRI resorts I'd be interested in)

I've never been able to book via Interval for that resort, either. (shows up in the list, but never get a match with my trades)

Within DeX, I see 1902 units from Jr Suite to 2BR available for exchange. I'm sure there's more since I don't own there on in the Collection.
While it may not equate to what HGV Max members would see, I see 279 units from Jr Suite to 2BR in the next 6 months.
Either way, HGVC owners desiring to go to Cabo Azul would be much better off purchasing DRI deed/points or HGV Max. The unknown is which one is better. My gut tells me DRI deed or points. From a cost perspective, I'd go with a deed. From a flexibility perspective, I'd go with points.

 

[NiteMaire]

I've stayed at several DRI resorts using other trading systems, Interval and GPX, so there have been deposits in various systems in the past. It will be interesting to see if any show up in the future, or if they all go to Max.

That is the crux of my questions about which internal system(s) will get the unsold DRI inventory. I also wonder if inventory within 6 months could be in DeX and Max simultaneously (if they can tie the back ends together).

 

[ocdb8r]

It seems it doesn't (IMO) make sense to spend $7k for DRI access and I'd be better off using RCI (if possible) or buying resale DRI?

...not just "access" but access only at 6 months. I feel like this is a hard sell even to uneducated owners. You could get a lot of resale DRI and have much better access (timing wise) to DRI resorts.

That means the benefits at best are the Resort Reservation Fees and a guest certificate or two (unless you're going to buy up to one of the highest elite levels). Not much value here...and if you're already Elite, I see virtually nothing on offer other than the above mentioned (very limited) "access" to DRI resorts. Seems like a very hard sell for existing HGVC members.

On the DRI side, also limited value. Access to HGVC resorts at 6 months? Again, for 7k you could get a decent HGVC unit and get 9 months access to the whole club (plus a Home Priority window wherever you purchase).

 

[escanoe]

I've stayed at several DRI resorts using other trading systems, Interval and GPX, so there have been deposits in various systems in the past. It will be interesting to see if any show up in the future, or if they all go to Max.

As long as people in HGVC or DRI are able to trade outside the HGV family, DRI and HGVC units will have to be deposited into an external exchange (currently mostly RCI) to balance out owners exchanging out of the system.

So, RCI DRI inventory is not going to magically disappear in RCI because of HGV Max.

(Note: I still do not understand how HGVC and DRI inventory traded through HGV Max will be rebalanced, and I believe they must establish some system to do that. It would mess things up too much in either system and be unfair to owners if there is not a way to ensure equilibrium of trading between the two systems.)

 

[iiderman]

As long as people in HGVC or DRI are able to trade outside the HGV family, DRI and HGVC units will have to be deposited into an external exchange (currently mostly RCI) to balance out owners exchanging out of the system.

So, RCI DRI inventory is not going to magically disappear in RCI because of HGV Max.

(Note: I still do not understand how HGVC and DRI inventory traded through HGV Max will be rebalanced, and I believe they must establish some system to do that. It would mess things up too much in either system and be unfair to owners if there is not a way to ensure equilibrium of trading between the two systems.)

one of the ways to build up that inventory will be by exercising ROFR on the resale market which they have not been doing aggressively.. but, based on feedback from some of the resale agents on Facebook like judy k, HGV is doing just that now

 

[Nowaker]

So, RCI DRI inventory is not going to magically disappear in RCI because of HGV Max.

Exactly. Whenever a HGV owner makes an RCI booking, or a points deposit, HGVCorp must make a matching deposit of some inventory into RCI. The amount of HGVC inventory in RCI is proportional to the amount of RCI deposits and bookings.

 

[Nowaker]

based on feedback from some of the resale agents on Facebook like judy k, HGV is doing just that now

A single ROFR excercised is not news. Las Palmeras 3 BR Gold was exercised at $500. HGV probably needed some inventory - they must have something to sell, and this is a good deed.

 

[dayooper]

(Note: I still do not understand how HGVC and DRI inventory traded through HGV Max will be rebalanced, and I believe they must establish some system to do that. It would mess things up too much in either system and be unfair to owners if there is not a way to ensure equilibrium of trading between the two systems.)

If they are selling points, shouldn't there be a trust? Earlier in the year, @dioxide45 did a search for new trusts in the Orlando area and didn't find any. If there is a trust, it has to be officially listed somewhere and since Orlando is where HGVC is located, you would think it would be there. Could they be using the DRI trust? The Embarc trust?

When this years Disclosure statement came out, there were some discrepancies with the numbers. Ocean Enclave, Chicago, Elara and possibly Liberty Square were all listed as less units as was to be believed. Ocean Enclave was for sure as it had dropped from 330 to 112. Could this be where some of the inventory is?

Number of Units at each HGVC Resort - updated

Number of Units at each HGVC Resort 2022 SOURCE: HGVClub Disclosure Statement 2022 (updates in Orange Font) 2019 Source: HGVC Form 10-K filed on February 28, 2019 (pages 41 - 42) As of December 30, 2018, our resorts included the following locations and units: Property Name / Ownership(1) /...

tugbbs.com

I know there is more information coming, but this could be anything from a new trust to just a mechanism for cross booking the system. I think with everything so new, salespeople are stretching the truth because there is no solid information. Hopefully, there will be more substantial information in the future.

 

[CalGalTraveler]

I certainly hope it is a cross booking mechanism. If it is a trust - that opens a can of worms.

 

[GT75]

I certainly hope it is a cross booking mechanism.

I am fairly certain that it isn't a trust, only cross booking. If it was a trust then there would be annual MFs. In addition, new HGVC deeds purchased after Jan 4th (I think that was the date) would be included in HGV Max again without anything additionally (such as trust MFs).

 

[ocdb8r]

As long as people in HGVC or DRI are able to trade outside the HGV family, DRI and HGVC units will have to be deposited into an external exchange (currently mostly RCI) to balance out owners exchanging out of the system.

So, RCI DRI inventory is not going to magically disappear in RCI because of HGV Max.

Yes, but if more trades are done internally (e.g. no need to trade via RCI to get into DRI resorts, and vice versa, then that could impact RCI inventory. Agree there's no chance of it completely drying up, but it could be slightly impacted.

(Note: I still do not understand how HGVC and DRI inventory traded through HGV Max will be rebalanced, and I believe they must establish some system to do that. It would mess things up too much in either system and be unfair to owners if there is not a way to ensure equilibrium of trading between the two systems.)

There is a lot of "waste" in the system if you look at how many last minute weeks there are often available (in HGVC at least). All of those, plus developer inventory, give a lot of slack for HGVC to "balance" as necessary (and as such true "equilibrium" likely not strictly necessary).

If they are selling points, shouldn't there be a trust? Earlier in the year, @dioxide45 did a search for new trusts in the Orlando area and didn't find any. If there is a trust, it has to be officially listed somewhere and since Orlando is where HGVC is located, you would think it would be there. Could they be using the DRI trust? The Embarc trust?

The "points" product will be one of the various (existing) DRI trusts. HGVC made clear during the acquisition and early announcements that it intended to continue to sell HGVC/bHC as a weeks based "premium" product (with it's existing, now 1.6x, points overlay). It will use the DRI points product as a lower point of entry for the market.

This is not actually dissimilar from how the MVC system works - there is a mix of weeks based owners and points based owners, with the former having the option to "elect" for points or book their owned week. The difference is MVC resorts can either be weeks owned by individuals or weeks put into a trust. HGVC will simply operate in a birfurcated system with DRI being all points and HGVC being all weeks (and as a result each having their own systems for internal use, with "Max" as the overlay).

 

[GT75]

Be interested in hearing if Scotland Resale door has closed for sure, as I'd rather do that route, but I really don't need more points.

A TUGGER email the Scotland office and was informed that inventory sold will still qualify for HGV Elite status but they are not HGV Max authorized seller.

 

[WORLD TRAVELER]

I TUGGER email the Scotland office and was informed that inventory sold will still qualify for HGV Elite status but they are not HGV Max authorized seller.

This is great news to know that purchasing Scotland can still be used to qualify for Elite or move up the Elite scale!! Do you know of the current HGVC contact for Scotland?