HGVC New Point structure

[CaliDave]

Just at the new HGVC next to the Bay club and I asked that question. "Have any affiliates ever been dropped?"

The answer was a bit of a surprise. The TS saleman said that since there are no HGVC resorts near any of the affiliates that they will not likely be dropped. But the Bay club may be dropped as the new HGVC at Waikoloa grows.

The current HGVC is only about 20% of the total resort planned. the next developement will be 1/4 mile down the road, on the far side of the golf course and include a huge water park/pool. AS HGVC grows, the need for Bay club may lessen meaning that HGVC may drop the bay club.

They could also be telling you that so you don't walk over to BayClub and pay 1/2 the price they are charging.

 

[Bill4728]

They could also be telling you that so you don't walk over to BayClub and pay 1/2 the price they are charging.

True,

But the price was pretty good for Hawaii.

9600 pts for $50K
8400 pts for $42K

MF was $889 / year

That is about 3 times the resale price of the Bay Club

 

[BocaBum99]

I don't know a whole lot about HGVC. But, I do know enough to tell you that the new point structure is fantastic for Tuggers who want to arbitrage the system. Whenever new structures are put into place, opportunities arise to get a great deal.

I agree with Steve that higher point values for new resorts is the same as point inflation. What will happen is dilution of current ownerships. As more people buy at the new resorts, they will add lots of points into the system. When those people make choices of places to stay, they will see a bargain at the lower point resorts. So, what will happen is those resorts will "stock out" first and availability will grow tougher over time.

The only real way to solve this problem is to allow point values to adjust ever so slightly every 3 years to balance supply and demand better. If they don't balance supply and demand, then there will be opportunities for us to capitalize on inefficiencies of the system. This will make it fun.

 

[Seth Nock]

In the recent Grand Times there was an article "Points in Perapective". I was wondering if anyone had any comments on this. It doesn't sound good for existing owners. They are going to include the unit that you own in deerming point values needed. They say for existing properties won't be any change. But they are talking about new propertites using this concept. It sounds like existing owers points won't be worth as much at the newer resorts????

This should be great for the HGVC members. I cannot post any details currently, but will when I can.

 

[SanJoseGirl]

Just at the new HGVC next to the Bay club and I asked that question. "Have any affiliates ever been dropped?"

The answer was a bit of a surprise. The TS saleman said that since there are no HGVC resorts near any of the affiliates that they will not likely be dropped. But the Bay club may be dropped as the new HGVC at Waikoloa grows.

The current HGVC is only about 20% of the total resort planned. the next developement will be 1/4 mile down the road, on the far side of the golf course and include a huge water park/pool. AS HGVC grows, the need for Bay club may lessen meaning that HGVC may drop the bay club.

AS HGVC grows, the need for Bay club may lessen meaning that HGVC may drop the bay club.

If this is true, what would it mean for BayClub owners? Would you recommend selling now? Will BayClub owners that are members of HGVC still retain the same number of points and trading power?

Thanks,
SanJoseGirl