I hope these are true, but will believe when I see it.Among other things he mentioned was that HGVC has acquired new resorts in Myrtle Beach, Vegas (PHT), and a ski resort in Utah.
He also mentioned in 2012 that they will be announcing a resort in the Caribbean, one in Europe, and another somewhere else that I can't remember now.
Later on in the conversation he also attempted to sell me on the benefit of using my HGVC points in Hilton hotels. So the part about the resort in Utah was definitely a separate sales pitch then the hotel.Could be true, but they could also be stretching the truth a little (as timeshare salespeople are known to do) while referring to the use of HGVC points directly at the Waldorf property. Not to say they didn't also buy a property, but I'm an automatic skeptic when it comes to sales chatter.
When he say's they'll be announcing new resorts, he may really be saying they'll have new resorts as part of their hotels program: http://www.hgvclub.com/hotels/
To be clear about the Hotels program linked above, it's the direct use (at a poor rate) of HGVC points at a couple select high-end Hilton-owned resorts each year. They tend to rotate the available resorts in this program. It isn't the conversion of HGVC points to HHonors points for use at Hilton hotels. It allows them to say things like "We have a new Caribbean resort coming online where you'll be able to use your HGVC points!" without telling you it isn't an HGVC resort, only lasts a year, and is at such an astronomical rate you'd never use it anyhow. The current two available resorts (Park City included) expire in March, so they are definitely making a swap soon.Later on in the conversation he also attempted to sell me on the benefit of using my HGVC points in Hilton hotels. So the part about the resort in Utah was definitely a separate sales pitch then the hotel.
Nonetheless, totally agree with your point that I am sure what I was told was some combination of truth, somewhat truth and vast exaggerations.
I will still be hoping some of these new resorts come to fruition. I would think the more options the better.
This is the same thing that Marriott did with the Ritz Carlton -- they took some of the Ritz Carlton units and put them into the Marriott program. Marriott did this twice -- once for Kauai Lagoons, and once for Ritz Carlton at Vail. They also allow for access to RC properties using points -- but it's not as "permanent" as what they did with KL and Vail.At our meeting yesterday there was a comment that Hilton was considering making some of the residences at the Waldorf Astoria resort into timeshare under HGVC.
This could very well be the rumored Park City HGVC property. It would certainly match what I was told over the phone in November (see my post earlier in this thread). I guess we will soon find out!In the coming weeks, Lantern Asset Management is expecting to announce a partnership similar to that with Hyatt and Escala Lodges with a prominent timeshare company.
It would be nice if this rumor turned out to be true. Right now we have pretty decent access into Park City with the two Marriotts that are there but, it would be good to be able to use our HGVC for Park City and our Marriott's for locations not covered by HGVC.I saw a thread in the Western Forum, but I thought I would comment on it here as well.
There is an article posted a few days ago regarding a property in Park City that is going to be turned into timeshares, and the last paragraph contains this:
This could very well be the rumored Park City HGVC property. It would certainly match what I was told over the phone in November (see my post earlier in this thread). I guess we will soon find out!
I appreciate the bold and specific prediction, I hope it is accurate from our new arrival (welcome to tug!)HGVC will market and manage 83 units that was part of Hyatt Escala Lodge at Park City. This should be announced sometime in August 2012 -- and will be available for booking for the 2012/13 ski season. It is ski in/out at the Canyons. This place was built in 2009. Formerly, they were trying to market these as condos, but the market for 2nd homes is too weak -- hence an opportunity/benefit to HGVC members.
Here is a link to the property that was acquired...