Hyatt Pure Points Program

[lizap]

My guess is Hyatt's ROFR decision logic will remain the same as in the previous 1-2 year period until Pure Points rollout. Matter of fact based on the current source of their funds, they might take fewer units. The "Trust" will have a new funding mechanism and they will have to stock the grab bag to entice new PP members. And of course in July when they just roll out PP in Florida, that will create a very messy situation where a person can buy unit/weeks in the west, but not in Florida. With all that drama, it's a good time to buy a unit/week.

So they plan to roll out PP first in FL. How will this work?...

 

[Kal]

I'm sure Hyatt will apply their infinite wisdom to what appears to be lemonade in the making.

 

[taffy19]

A few sales managers told us that they learned from Marriott's mistakes, when they rolled out the new Trust and Destination Club and promised to make it better! Both worked for the Marriott before.

This was when it was still a Hyatt resort owned by Hyatt Hotels but less than two months later, ILG bought the Hyatt Residence Club!

I screamed and yelled at the sales manager for not letting us know this when we bought. He claimed that he didn't know and proved it with the email he received.

I have learned from this that constant changes will be made to enhance the bottom line for their investors. That is capitalism and nothing wrong with it but it will hurt their loyal owners if they go too far!

 

[Kal]

Hyatt will continue to entice new buyers by showing them all the legacy resorts plus whatever is contained in the PP bag of resorts. Once in the PP Program and find out there are two very different worlds, those points owners will be looking over the fence wishing they could find a way to get good access to the legacy resorts. For the legacy owners, it will be business as always with very good access. However, there will be NO NEW RESORTS even though that was a major sales pitch at the time we made our purchases. IMHO, the demand will be high to buy into the resale legacy program.

 

[taffy19]

This is exactly what the Marriott and former Westin Resort owners are advising newbies to do (buy re-sale) and saving money.

Marriott has given the re-sale buyers several chances to put their re-sale purchases in the Destination Club but at a higher cost than when it first was introduced. I believe that they will do the same thing here.

They may even co-mingle different brands with each other as I believe that is their goal. We will find out.

 

[bdh]

This is exactly what the Marriott and former Westin Resort owners are advising newbies to do (buy re-sale) and saving money.

Marriott has given the re-sale buyers several chances to put their re-sale purchases in the Destination Club but at a higher cost than when it first was introduced. I believe that they will do the same thing here.

They may even co-mingle different brands with each other as I believe that is their goal. We will find out.

In early Feb, the sales staff at Windward Pointe noted the same thing - Hyatt learned from Marriott's miscues and the HRC PP program would attempt to correct those miscues. Will the Marriott points "skim" mess be rectified in the HRC PP?

Potential changes to HRC owners (legacy & PP) may provide a perk to multiple week/PP owners.

Will be shocked if the HRC PP program doesn't include a cross pollination with other TS systems. Expect that to be the bait to attract current HRC owners to buy into the PP program.

Current HRC week owners that use their deeded week have nothing to fear with the PP program as no points program can trump a deed. Expect the mantra of "buy a location you'd be happy with returning to" will become even more relevant.

Also expect the biggest concern to remaining legacy owners will be how aggressive HRC will be with ROFR in the future as aging/exiting legacy owners sell their deeded weeks - as time marches on, that is the way the PP program can increase access to sold out HRC properties to PP points buyers.

 

[pacman777]

I'm interested in buying into Hyatt timeshare program given that the brand and quality is on par w/ Starwood (Westin/Sheraton). However, in looking at all the fees that HVC imposes, it seems they are nickeling and diming you, such as a transaction fee, cancellation fee, guest certificate, etc. Just a few questions on these fees:

1. Not sure what a transaction fee is, but does that mean I have to pay $41 to use points to book a stay?
2. If I want to rent out my deeded unit to a guest, then do I have to pay for a $30 guest certificate or is this only applicable to points bookings?
3. Is the cancellation fee applicable to any cancellations or only for reservations cancelled within a certain period from check-in date? Vistana/Starwood only charges if you cancel inside the 60-day window from check-in which is fair and reasonable.

This was based on Kal's very useful Hyatt page:
http://www.bywindkal.com/Hyatt/Fees.JPG

 

[ResaleExpert]

I'm interested in buying into Hyatt timeshare program given that the brand and quality is on par w/ Starwood (Westin/Sheraton). However, in looking at all the fees that HVC imposes, it seems they are nickeling and diming you, such as a transaction fee, cancellation fee, guest certificate, etc. Just a few questions on these fees:

1. Not sure what a transaction fee is, but does that mean I have to pay $41 to use points to book a stay?
2. If I want to rent out my deeded unit to a guest, then do I have to pay for a $30 guest certificate or is this only applicable to points bookings?
3. Is the cancellation fee applicable to any cancellations or only for reservations cancelled within a certain period from check-in date? Vistana/Starwood only charges if you cancel inside the 60-day window from check-in which is fair and reasonable.

This was based on Kal's very useful Hyatt page:
http://www.bywindkal.com/Hyatt/Fees.JPG

Good evening; after years of working For Hyatt Residence Club as a sales executive then over 10 years with over 500 Hyatt resales I am enjoying the posts and decided to add some comments when appropriate. I have almost 80 Hyatt listings and work with all brokers to find my clients the best Hyatt (or other premium timeshare) ownership for THEIR needs.
Above is correct for 1 & 2; for 3 yes, the cancel fee is for any cancel and you can cancel up to 24 hours ahead and keep your points (in the LCUP) program; quite a benefit! Bill

 

[bdh]

I'm interested in buying into Hyatt timeshare program given that the brand and quality is on par w/ Starwood (Westin/Sheraton). However, in looking at all the fees that HVC imposes, it seems they are nickeling and diming you, such as a transaction fee, cancellation fee, guest certificate, etc. Just a few questions on these fees:

1. Not sure what a transaction fee is, but does that mean I have to pay $41 to use points to book a stay?
2. If I want to rent out my deeded unit to a guest, then do I have to pay for a $30 guest certificate or is this only applicable to points bookings?
3. Is the cancellation fee applicable to any cancellations or only for reservations cancelled within a certain period from check-in date? Vistana/Starwood only charges if you cancel inside the 60-day window from check-in which is fair and reasonable.

This was based on Kal's very useful Hyatt page:
http://www.bywindkal.com/Hyatt/Fees.JPG

To add onto what ResaleExpert noted:

1. Yes - the one exception is that there is no fee charged to confirm the use of your deeded week/unit for the "first" HRPP reservation. IE: if you have a lock off floor plan and you want to split it into two units/reservations, both units/reservations are deemed HRPP, but only one of the reservation confirmations is free - they charge you for the second.
2. Yes - the one exception is that if your guest is family or friend that would use another Hyatt reservation in the future, you can place a "Reservation Affidavit" on file with Hyatt for the one time cost of $32 - after the initial cost, there would never be a cost for a "Guest Certificate" for family or friends to use any Hyatt reservation in the future.
3. The points returned to your account would be in RCUP in lieu of LCUP - only real difference is that in RCUP you can book an HRC or II exchange while in LCUP you can only book an HRC exchange.

 

[SunsetMaven]

Hi everyone - glad I saw all this. We are Starwood owners (resale of course!) so very new to Hyatt. We are currently at the Hyatt Kaanapali residence club on a 2 bedroom preview offer and loving it! Came here to learn all I can before our preview on Thursday.

I read through this entire thread plus other Hyatt posts.

A few questions:

1. If I want to just buy the lowest MF/pt, it sounds like Sedona is the way to go. But if I just want to trade into Maui every year, and Hawaii isn't a part of the points program that's rolling out, what should I do instead?

2. Is my only way of guaranteeing a week in maui (timing very flexible) to buy resale for maui HRC?

3. When the points program rolls out in July 2017, it doesn't affect Maui right so I shouldn't rush into the resale market right?

4. Is hyatt ROFR-ing the Maui units too? They look kind of expensive on the resale sites and inventory is low!

Thanks all!!

 

[Kal]

Hi everyone - glad I saw all this. We are Starwood owners (resale of course!) so very new to Hyatt. We are currently at the Hyatt Kaanapali residence club on a 2 bedroom preview offer and loving it! Came here to learn all I can before our preview on Thursday.

I read through this entire thread plus other Hyatt posts.

A few questions:

1. If I want to just buy the lowest MF/pt, it sounds like Sedona is the way to go. But if I just want to trade into Maui every year, and Hawaii isn't a part of the points program that's rolling out, what should I do instead?

2. Is my only way of guaranteeing a week in maui (timing very flexible) to buy resale for maui HRC?

3. When the points program rolls out in July 2017, it doesn't affect Maui right so I shouldn't rush into the resale market right?

4. Is hyatt ROFR-ing the Maui units too? They look kind of expensive on the resale sites and inventory is low!

Thanks all!!

Let's see if we can give you some thoughts:
1. If Maui remains as a "Legacy Resort", it will be business as always where owners can use their points to reserve Maui units. For the Pure Points Program, the only Maui units which would be available are those Hyatt obtained on ROFR or from units formerly owned by Legacy Maui owners and deposited into the PP program. On this basis your best approach is access thru the Legacy program.

2. True, if you own Maui you are guaranteed ONLY the unit/week you own. For other Maui weeks you would request a reservation like a stay at any other Legacy resort.

3. IMHO, Hyatt will try to get Maui ROFR resale units for the Pure Points Program, so the sooner you own Maui (thru resale) the better.

4. It would seem logical that Hyatt will take Maui ROFR resale units, but if you apply my "2X" multiplier on the resale price, it may be too high for a ROFR decision.

Hope this helps.

 

[SunsetMaven]

Thanks kal!!

1. So once you deposit into PPP as a legacy owner is that a permanent decision or year to year choice?

2.Given the current units the developer has ROFR for Maui and owners who have converted to PPP, it sounds like it would be more cost effective to buy into Sedona and use points to get into Maui. How does availability usually look on the owners portal?

3. What do new unit sell for in Sedona from the developer? So I can apply the 2x multiplier.

4. Am I correct when I say after PPP rolls out hyatt residence clubs will be broken out into two separate inventories : those for PPP and those for legacy owners? Meaning if I was a legacy owner by resale I could only have access to other legacy inventory?

5. What would be your recommendation in what we do on the resale market?

Thanks!!!

 

[sts1732]

Thanks kal!!

1. So once you deposit into PPP as a legacy owner is that a permanent decision or year to year choice?

2.Given the current units the developer has ROFR for Maui and owners who have converted to PPP, it sounds like it would be more cost effective to buy into Sedona and use points to get into Maui. How does availability usually look on the owners portal?

3. What do new unit sell for in Sedona from the developer? So I can apply the 2x multiplier.

4. Am I correct when I say after PPP rolls out hyatt residence clubs will be broken out into two separate inventories : those for PPP and those for legacy owners? Meaning if I was a legacy owner by resale I could only have access to other legacy inventory?

5. What would be your recommendation in what we do on the resale market?

Thanks!!!

You might want to look on Red week, There are quite a few. Everything from deeded varies, to deeded same unit, odd/single yrs., lots of different weeks.

 

[SunsetMaven]

You might want to look on Red week, There are quite a few. Everything from deeded varies, to deeded same unit, odd/single yrs., lots of different weeks.

Thanks sts1732! How is the availability of booking into Maui if I buy in Sedona?

 

[DAman]

It is very limited. I see one week available in May for Maui. 2200 points for a two bedroom unit.

 

[Tucsonadventurer]

Maui is difficult to trade into unless you can go at a moments notice. We got 4 days midweek trade for May and were on a waitlist to add on but it did not pan out so we are staying next door at the hotel ( with credit card points). I would not buya Hyatt elsewhere with the sole intention of trading into Maui ,again unless you are free to travel any time.That being said, Sedona Pinon Pointe is a good resale to do if you are using it to trade. I saw some 2000 pt units for 10,000. 2200 pts is what you would need however for a 2 bedroom in Maui.We bought both our Hyatt resales from Fidelity and have only good things to say about the experience. My understanding is that once you convert to PPP it is for good, not a yr to yr. We actually are looking into Starwood because they own more in Maui and Hyatt Kaanapali is challenging to trade into.

 

[SunsetMaven]

Maui is difficult to trade into unless you can go at a moments notice. We got 4 days midweek trade for May and were on a waitlist to add on but it did not pan out so we are staying next door at the hotel ( with credit card points). I would not buya Hyatt elsewhere with the sole intention of trading into Maui ,again unless you are free to travel any time.That being said, Sedona Pinon Pointe is a good resale to do if you are using it to trade. I saw some 2000 pt units for 10,000. 2200 pts is what you would need however for a 2 bedroom in Maui.We bought both our Hyatt resales from Fidelity and have only good things to say about the experience. My understanding is that once you convert to PPP it is for good, not a yr to yr. We actually are looking into Starwood because they own more in Maui and Hyatt Kaanapali is challenging to trade into.

We own at Sheraton Broadway plantation SBP and deposit into interval every year. I got it for $0 and seller paid closing costs. Bought it off eBay so I guess I paid 0.99. MF is only $980 for a 2 bedroom. They are not a mandatory resort so no points on resale but I like that cause it saves me the SVN fee and it has low MFs. I settled for a gold week instead of plat because it's supposed to be an excellent trader regardless. And it has been for us. If you are ok with waiting for bulk deposits and inventory II actually has a lot of inventory for Westin princeville and Westin kaanapali though it's only studios or 1 bedrooms. And as a Starwood owner I get a 72 hour priority window. We have traded into four seasons aviara November, Westin kaanapali in August, Maine in October peak foliage 3 bedroom as some of the highlights so it's been solid.

 

[SunsetMaven]

Maui is difficult to trade into unless you can go at a moments notice. We got 4 days midweek trade for May and were on a waitlist to add on but it did not pan out so we are staying next door at the hotel ( with credit card points). I would not buya Hyatt elsewhere with the sole intention of trading into Maui ,again unless you are free to travel any time.That being said, Sedona Pinon Pointe is a good resale to do if you are using it to trade. I saw some 2000 pt units for 10,000. 2200 pts is what you would need however for a 2 bedroom in Maui.We bought both our Hyatt resales from Fidelity and have only good things to say about the experience. My understanding is that once you convert to PPP it is for good, not a yr to yr. We actually are looking into Starwood because they own more in Maui and Hyatt Kaanapali is challenging to trade into.

One other thing. Westin kaanapali MFs are really high! The other option is westin Kierland (low MFs around 1100-1200 for a 2 bedroom) which is a mandatory resort where the points will transfer on resale and you can use those points to get into Westin kaanapali. That was my original plan

 

[SunsetMaven]

It is very limited. I see one week available in May for Maui. 2200 points for a two bedroom unit.

Thanks! So it doesn't sound like it's something I can book more than 2 months in advance then. And the 2000pts I get with Piñon Pointe isn't going to be enough. What's a good Hyatt resort with 2200 points that has low MFs and low resale cost?

 

[wilma]

I had to combine some carmel and Tahoe points to spend one week in a maui 2 bedroom. We stayed in sept and reserved several months in advance.

 

[DAman]

Thanks! So it doesn't sound like it's something I can book more than 2 months in advance then. And the 2000pts I get with Piñon Pointe isn't going to be enough. What's a good Hyatt resort with 2200 points that has low MFs and low resale cost?

Look for a platinum week at Piñon Pointe. They are 2200 points.

Or purchase 2 weeks. They can be combined. I did this.

I would not expect large availability for Maui. Now or in the future. Many many people want to go there.

I would purchase Hyatt not for the opportunity to get into Maui but for the outstanding properties in Sedona, Carmel, Incline Village, Northstar, and others. And you may be able to get into Maui.

You receive an II gold account with your purchase and good trading opportunities in II.

The new system is still an unknown. I'm cautiously optimistic about it.

I like the current system and I've studied the rules and I have used all my points. DW loves Carmel and it is a ninety minute drive for us to get there. That helps.

 

[sts1732]

Dman and Tucson traveler are correct, Maui is very tough to get into on a resale or even trade into. Looking out to Hyatt, Beach house, and highlands both have 2 bdr. with 2200 to 2500points. Beach house can get a deal but salty MF's, highlands is salty, both in cost and MF's.

 

[Tucsonadventurer]

We bought 2 weeks one at Beach House and 1 at Pinon Pointe. Pinon Pointe is your best best for MF fees and you can get a 2200 unit. We used My Resort Network, Angie Edwards from Fidelity though if you check on tug there are lots of recommendations. I just checked and there was a 2200 pt listing at Pinon Pointe for 10,000. Not sure if that is high enough to pass ROFR but the agents would have information on what has gone through and what Hyatt has taken back. Beach House is a lower up front cost but higher MF. We have loved our trades within Hyatt and have only a few places we have not tried yet.We wish we knew about Hyatt when we were in our 20s. If Maui stays in the legacy program which I have heard is the plan then availability may improve as more units are sold. Either way, you can not go wrong owning a Hyatt week,( unless you only want to use it for Maui) Good luck!

 

[SunsetMaven]

Thank you all! It sounds like We will go down the Piñon or Windward Route since MFs are low with the intent of trading into Maui but also content and happy to go elsewhere for the year.

I was looking at the points chart. Am i reading right that in the low season mountain weeks are only 200 points? Wow! We live in Colorado and love extra long weekends all months of the year up there!

 

[lizap]

We own both Hyatt and Westin. I definitely would not buy a 2200 point Hyatt unit with the hope of trading into Maui. Maui is currently very difficult to trade into using Hyatt's internal system. I suspect it will probably never be easy to get using Hyatt points. If you can travel on short notice, you may get it, but you most definitely cannot count on it. Conversely, it is easy to trade into Maui or Kauai using Westin SOs, as long as you don't have to go during the winter season. Even then, if you can book 8 months out, your chances are much better of getting a Westin unit than a Hyatt unit. A platinum plus at Westin Kierland will likely run a couple of thousand more, but will greatly increase your chances going to Hawaii when you want to and quite possibly at all...