Stewcation
TUG Member
- Joined
- Nov 1, 2024
- Messages
- 13
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- 19
I'm looking into buy an HGVC resale deed and I'm trying to determine what kind of value I'd be getting on a yearly basis.
I ran some simulations with multiple examples of how I might actually use 11200 points in a year and looked up the same stays on Hilton.com to see what the real cost would be and with this method I found that depending on the season, unit type, and property the value of a point ranged from $0.29 - $0.74 with an average value of $0.44 per point among the 14 different stays that I simulated. A fairly decent 11200 point deed costing $1200 per year for maintenance fees + club dues has a $0.11 yearly cost per point, meaning that the deed should provide on average a 4x value on its yearly costs (a $4800 value for only $1200).
Of course, my calculations only factor in booking resort stays on Hilton.com at full retail pricing, which I likely would never actually do, so if I factored in promotions/discounts for stays or even cheaper alternatives like Airbnb then I imagine that my calculated $0.44 per point would be a bit lower. So, I'm wondering, how much do you think that an HGVC point is actually worth in 2024 when trying to decide whether to buy a deed or not?
P.S. The 14 stays I used in my calculations were (Description - Point Cost - Hilton.com Cost - Point Value):
I ran some simulations with multiple examples of how I might actually use 11200 points in a year and looked up the same stays on Hilton.com to see what the real cost would be and with this method I found that depending on the season, unit type, and property the value of a point ranged from $0.29 - $0.74 with an average value of $0.44 per point among the 14 different stays that I simulated. A fairly decent 11200 point deed costing $1200 per year for maintenance fees + club dues has a $0.11 yearly cost per point, meaning that the deed should provide on average a 4x value on its yearly costs (a $4800 value for only $1200).
Of course, my calculations only factor in booking resort stays on Hilton.com at full retail pricing, which I likely would never actually do, so if I factored in promotions/discounts for stays or even cheaper alternatives like Airbnb then I imagine that my calculated $0.44 per point would be a bit lower. So, I'm wondering, how much do you think that an HGVC point is actually worth in 2024 when trying to decide whether to buy a deed or not?
P.S. The 14 stays I used in my calculations were (Description - Point Cost - Hilton.com Cost - Point Value):
- 7 Nights Elara Platinum 1BR 7680 $2,239.87 $0.29
- 7 Nights Elara Platinum Studio 3520 $1,984.31 $0.56
- 4 Week Nights Sunrise Lodge Gold 1BR 2688 $841.20 $0.31
- 4 Week Nights Parc Soleil Platinum 1BR 3072 $993.40 $0.32
- 3 Week Nights Elara Platinum 3BR 5088 $3,199.07 $0.63
- 7 Nights Kings' Land Platinum 2BR 11200 $3,965.60 $0.35
- 3 Week Nights Sunrise Lodge Silver 3BR Plus 2304 $1,713.55 $0.74
- 7 Nights Kings' Land Platinum 1BR 7680 $2,787.22 $0.36
- 3 Week Nights Paradise Silver 1BR 1152 $578.04 $0.50
- 4 Week Nights Sunrise Lodge Gold 3BR Plus 4480 $2,203.13 $0.49
- 4 Week Nights The Central at 5th Platinum Studio 3360 $2,113.00 $0.63
- 4 Week Nights The Boulevard Platinum 1BR 3072 $880.28 $0.29
- 4 Week Nights MarBrisa Platinum 2BR 4480 $1,513.11 $0.34
- 7 Nights Parc Soleil Gold 1BR 5440 $1,607.29 $0.30