I get that, but to pay $7000 buy more points, trade in some points or just use another system is ridiculous in it’s own right.
Actually I am not so sure the $7000 is "ridiculous" depending on how the benefits end up shaking out to go from Elite Premier to HGVMax Centum +.
I have been a loyal HGVC Elite Premier member for 15+ years now and have enjoyed Elite status for many years when most have said it provides no value.
I also own a Vistana Week to access their point system and a Welk package to play within their system as well.
Here is what I see from HGV Max
1)I typically use open season for weekend trips to Vegas vs Points as the Elite Cash rate is a great value.. I would probably burn up a good chunk of the $1000 a year in this benefit most years
2)Exclusive booking windows offering priority access to accommodations. This would actually be the key for me as I am Elite Premier but my points are owned at an affiliate where I don't stay.
3)Access to South Lake Tahoe and other locations which I do not currently have access to through HGVC - Yes I could buy a cheap week but I would prefer to be able to book it through my HGVC account and points. This is a location I would use several times a year. As an FYI I owned Diamond Lake Tahoe Vacation resort before and if it wasn't for Diamond being a horrid company I would still own it.
4)Extra $100 in Lyft pass benefit a year which I definitely would use
5)Loyalty Search requests before the 9 month window. Depending on how this works this in itself could help pay for an upgrade fee quickly for someone like me who typically travels only during peak times.
6)$100 yearly resort credit
7)Guaranteed late checkout with Centum which is not currently guaranteed with Elite Premier
In a nutshell I think I would recoup ~$1000-$1500 a year in benefits assuming the perks above do not get added to my existing Elite Premier Legacy membership. I also think that the new resorts and some booking advantages would provide even more value to a program I already really enjoy. In a nutshell I see it as a 4-5 year ROI assuming the investment would be $7k. There is no doubt the 6 month booking window is a head scratcher but I think I would still pull the trigger on it if the details above end up correct. I would definitely say though that I have no desire to increase my MF any more with new points as I am definitely not in need of more.