Hyatt Ka'anapali resale purchase and 2025 reservation which I can't use

[5finny]

I bought a 2 BR Hyatt Ka anapali ocean view floating week
As part of the purchase I paid for 2025 usage
The owner was able to make a May 16,2025 reservation for me
I find I can not use the reservation
Supposedly Hyatt will finish processing the sale "any day now"
Until the unit is in my name I can't try to rent it out
Should I just ask the owner to cancel the reservation (and I will pay the cancellation fees)?
I am thinking 60 days is an important time deadline here so I may be getting close

 

[GTLINZ]

if you cancel 60 days out or less, the points become restricted. They are restricted to reservations 60 days or less ahead, which is a problem. So yes, you need to make a decision soon.

The question is that since this is floating, when when the points expire (go LCUP)? if the end of the year, then you would have options to spend them elsewhere.

 

[5finny]

I am guessing since it is floating that the points expire end of year but since I am new to Hyatt I am really just guessing

 

[GTLINZ]

You could ask the owner, and if you get a good answer ask them to cancel the reservation. Not sure if there will be a fee if they cancel.

 

[mjm1]

Another option would be to have the owner cancel and put the points in the EEE account. They will transfer over to you and you can use them to make a trade via II. It also gives you additional time to use them.

 

[echino]

Not sure about points expiration for a floating week.

There is a $51 fee to cancel a reservation online, even HRPP reservation.

Moving them to EEE is a very poor use of points, especially after the recent devaluation.

If you are sure you can't use the reservation, ask the seller to cancel it more than 61 days before check in, and offer to reimburse the $51 Hyatt cancellation fee. When the ownership transfers to you, then figure out how to use the points.

 

[5finny]

You could ask the owner, and if you get a good answer ask them to cancel the reservation. Not sure if there will be a fee if they cancel.

I bought from an ebay seller
Given the source he has been very good to work with
That said while he has moe knowledge than I do he really does not know when the points expire