Hilton "upgrade" pitch

[dayooper]

"Really Massive, like as massive as you have eva seen !"

Were talking Baby Got Back intro big!

 

[Duh]

Diamond owners beware!
Hilton is pitching the following to diamond owners:

1. Non Hilton diamond owners may be facing a massive increase in maintenance charges. their "logic" is that as Diamond owners migrate to Hilton there will be few and fewer diamond owners to share the maintenance costs. They show a "10 year projection" of maintenance coast increases that makes the price of converting to HGV seem like a good deal. the problem is that these increase projcetions are MASSIVE. However the conversion cost is equally MASSIVE.

2.They are painting a picture that staying Diamond is a bad deal.

3. these guys are Master liars and exaggerators. I think that existing diamond owners who dont want to pay the MASSIVE charge to converat to Hilton grand Vacations need to stick together and fight this nonsense.

Just more of a reason to walk away. I promised the wife we would stay though 2023 but if 2024 gets even worse with availability AND they jack up the maint fees, I have permission to just flip Hilton off and drop my Diamond points somewhere along the road. Hilton can come pick them up if they want.

 

[Duh]

Nothing new. As has been written a dozen times here, Diamond owners best stand pat so as to maintain current benefits. Its a lower class customer than HGVC so no interest in upgrading.

So you are saying that Diamond owners are "lower class customers" than HGVC owners??

 

[T_R_Oglodyte]

How massive is MASSIVE?

Massively Massive!!

If other TS companies are able to turn the dial on their increases to 10, HGVC will be able to go all the way to 11, to get that extra bit they need to go over the top.

 

[T_R_Oglodyte]

1. Non Hilton diamond owners may be facing a massive increase in maintenance charges. their "logic" is that as Diamond owners migrate to Hilton there will be few and fewer diamond owners to share the maintenance costs. They show a "10 year projection" of maintenance coast increases that makes the price of converting to HGV seem like a good deal. the problem is that these increase projcetions are MASSIVE. However the conversion cost is equally MASSIVE.

We heard that same pitch when Sunterra created the Hawaii trust for Point at Poipu and Kaanapali Beach Club - as owners migrated to the Trust, there would be fewer deeded owners at the resort to pay operating expenses.

It was quite impressive when our salesman made the pitch; like the best comedians, he pulled it off with a totally straight face.

 

[goaliedave]

So you are saying that Diamond owners are "lower class customers" than HGVC owners??

Yes of course, that's why HGVC didn't let Diamond members in. HVC is the newly created Hilton entry level for Diamond clients. This was all in the original press releases.

 

[winger]

So you are saying that Diamond owners are "lower class customers" than HGVC owners??

Who bought who? And I couldn't believe that garbage from the DRI CEO video early on when he declared this new partnership (or similar, I forget the exact words) was going to be great for everyone blah blah blah

 

[Duh]

Yes of course, that's why HGVC didn't let Diamond members in. HVC is the newly created Hilton entry level for Diamond clients. This was all in the original press releases.

Do you hear yourself? So you think someone who only happened to purchase HGVC instead of Diamond is a higher class person? Do you hold your pinky out while typing such garbage?

 

[goaliedave]

Do you hear yourself? So you think someone who only happened to purchase HGVC instead of Diamond is a higher class person? Do you hold your pinky out while typing such garbage?

I said customers, not persons. HVC was made to target the lower class of facilities and customers from Diamond with a cheaper product.

 

[T_R_Oglodyte]

I said customers, not persons. HVC was made to target the lower class of facilities and customers from Diamond with a cheaper product.

Yeah - that was clear from the beginning. HGV saw Diamond as an opportunity to extend their portfolio with a lower price, more "entry point" option.

 

[goaliedave]

Yeah - that was clear from the beginning. HGV saw Diamond as an opportunity to extend their portfolio with a lower price, more "entry point" option.

Exactly. And as others have posted here, best option for most Diamond owners is not buy into MAX etc, just keep on keeping on with our 3 star resorts.

 

[SmithOp]

Just more of a reason to walk away. I promised the wife we would stay though 2023 but if 2024 gets even worse with availability AND they jack up the maint fees, I have permission to just flip Hilton off and drop my Diamond points somewhere along the road. Hilton can come pick them up if they want.

Well you purchased for a reason and you should be able to continue using your points like that. Hilton fee increases have been reasonable in the past to maintain quality of the resorts, don't throw out the baby with the bath water.

If you must divest, consider the TUG Bargain Deals giveaway forum.

Sent from my Lenovo 10e using Tapatalk

 

[Duh]

I said customers, not persons. HVC was made to target the lower class of facilities and customers from Diamond with a cheaper product.

Please, of please, provide the definition of a "customer" then if not a person. Are pigs buying timeshares now? Maybe snakes??

You know exactly full well what you or anyone who says such a thing, are implying. Hilton owners are one of the biggest reasons I refuse to upgrade to HGV Max. Bunch of uppity youknowwhats.

 

[Duh]

Yeah - that was clear from the beginning. HGV saw Diamond as an opportunity to extend their portfolio with a lower price, more "entry point" option.

No. Hilton's priority was to gain access to several markets they did not have access to and could never afford to start fresh in those areas. No different than Diamond's purchases over the years.

 

[Duh]

Well you purchased for a reason and you should be able to continue using your points like that. Hilton fee increases have been reasonable in the past to maintain quality of the resorts, don't throw out the baby with the bath water.

If you must divest, consider the TUG Bargain Deals giveaway forum.

Sent from my Lenovo 10e using Tapatalk

Yes, I purchased for a reason 33 years ago. And up until the Hilton takeover, it has worked well. Now, rules are changing, availability is less (even without Hilton owners having access yet, and it just isn't the value it used to be. And there is no point in putting it in the Bargain area as we all know Diamond resale points are worth a hoot given the restrictions Diamond puts on dirty points.

 

[dayooper]

Please, of please, provide the definition of a "customer" then if not a person. Are pigs buying timeshares now? Maybe snakes??

You know exactly full well what you or anyone who says such a thing, are implying. Hilton owners are one of the biggest reasons I refuse to upgrade to HGV Max. Bunch of uppity youknowwhats.

Eh, this whole is kinda blown out of proportion. The difference between HGVC and HVC is about a yearly income of $20,000 and 30 points on their credit score.

BTW - I would most definitely be in the HVC category if I were to buy retail.

 

[T_R_Oglodyte]

No. Hilton's priority was to gain access to several markets they did not have access to and could never afford to start fresh in those areas. No different than Diamond's purchases over the years.

Isn't that the same as "exentding their portfolio"? Their existing portfolio didn't have an offering in the price/value range occupied by DRI. Acquire Diamond and they now have a broader range of options. HGVC actually presented graphics illustrating that exact point.

 

[pedro47]

Hilton objectives were acquired a present where there were no Hilton timeshare resorts and to add maybe 10% t0 30% of Diamond owners to their club programs.

Hilton, Marriott's, Holiday Inn, Westgate or Wyndham could not & can not afford to build new resorts; where are these Diamond Resorts are located. IMHO

Hilton would be in big trouble if 50% of Diamond owners brought into their program and all these new owners wanted to travel; as an example to Hawaii at the same time. IMHO

Food for Thought.

 

[goaliedave]

Please, of please, provide the definition of a "customer" then if not a person. Are pigs buying timeshares now? Maybe snakes??

You know exactly full well what you or anyone who says such a thing, are implying. Hilton owners are one of the biggest reasons I refuse to upgrade to HGV Max. Bunch of uppity youknowwhats.

Man someone p*ss in your coffee? Just go listen / read the original materials. Diamond is 3 star, a lower class of customer than Hilton. It's much cheaper to buy HVC than HGVC. Like Ford customers are a lower class than Rolls Royce customers. An entry level business course can explain the concept of customer stratification.

 

[SmithOp]

Yes, I purchased for a reason 33 years ago. And up until the Hilton takeover, it has worked well. Now, rules are changing, availability is less (even without Hilton owners having access yet, and it just isn't the value it used to be. And there is no point in putting it in the Bargain area as we all know Diamond resale points are worth a hoot given the restrictions Diamond puts on dirty points.

I'm surprised you are seeing changes already, the takeover as you call it has barely started. Most of us here are wait and see, not interested in Max.

As for the disagreement with this other person, it's best to ignore some of the argumentative GOFs (grumpy old f*rts) here, he is already on my ignore list. As Twain said, never wrestle with a pig – it gets mud all over you and the pig likes it.

Sent from my Lenovo 10e using Tapatalk

 

[epearsall]

How massive is MASSIVE?

$35000

 

[epearsall]

I liked reading about your Hilton sales presentation. What a huge difference in the Hilton approach.

Pitch was at Diamond Mystic dunes in Orlando, by staff who purported to be Hilton, althou I think they may have been Diamond weasels with a new employer

 

[epearsall]

This is clearly totally illogical as there will never be "fewer" Diamond "owners" as all points in each trust are owned by someone. The only risk is if more "owners" default causing bad debt (which must be absorbed by the remaining owners unless/until paid). As such, either a) these supposed migrations would need to be owners who retain their Diamond points and acquire HGVC points and then default on their Diamond maintenance fees; or b) these supposed migrations sell back their points in order to buy HGVC points...in which case HGV is on the hook for the maintenance fees.

there would be fewer diamond owners if a lot upgraded to HGCV, that's their argument.

 

[Duh]

Eh, this whole is kinda blown out of proportion. The difference between HGVC and HVC is about a yearly income of $20,000 and 30 points on their credit score.

BTW - I would most definitely be in the HVC category if I were to buy retail.

Are you serious? You have facts in writing to back up this kind of claim? BTW, my credit score is 835 currently so it would be rather hard to go 30 points above that and while some may not consider me rich, I have no debt whatsoever and have a $400k house I paid cash to have built. This elitism by Hilton owners is exactly what I'm talking about.

 

[Duh]

Who bought who? And I couldn't believe that garbage from the DRI CEO video early on when he declared this new partnership (or similar, I forget the exact words) was going to be great for everyone blah blah blah

And yet just a year or two earlier it was the other way around with Hilton owners crying. But at no time did Diamond owners think their crap didn't stick and were better than Hilton owners. I see that is not the case here.