Grand Wailea is a Waldorf-Astoria branded property in the Hilton hotel family.
Thus, you would have to book it either with cash or HHonors poirnts.
If you bought direct from HGVC and are still within your rescision period, it is imperative that you rescind now, and buy on the resale market, which gets you nearly all the same perks for much less. If you are outside that period, do not worry. You are still in a fine, very flexible system system.
Go to this website to check out the resort...
http://waldorfastoria3.hilton.com/e...a-a-waldorf-astoria-resort-JHMGWWA/index.html
For May, I found rates from $332/Night or 80,000 HH-Points/Night.
Notes:
Converting your HGVC points to HHonors is not as simple as it sounds.
(1) The exchange rate of 1:25 looks good, but does not get you much.
(2) You can only convert next year's points (2013), not current year points.
(3) The points will not post to your HHonors account until early January.
(4) Use current year points to book directly and the rate is worse, effectively only 1:20.
Its far better to augment your HH-account with an Am-Ex or CitiBank affiliated credit card, which greatly adds to you HH-balance.