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Hyatt Residence Clu

dsmrp

TUG Member
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Location
MI Washington
Resorts Owned
Sheraton Vistana, Waikoloa Bay Club, Hyatt Pinon Pt
That's 100% correct.

But I'll add that if you're using your week correctly, it will pay for itself so many times over that when you're done with it, you could give away for free and walk away, content that you got your money's worth.

Even a bronze 1300 point week is enough to get 2 or 3 weeks each year. It all boils down to flexibility. The family of six who wants to ski Christmas week every year is going to need far more points than the couple who doesn't care where they go and can stay in studios.
True, if you think you've gotten value, it's easy to offer a unit for free.
When we're done/too old for traveling and timesharing, we hope to either sell or give away our timeshares.
My Hyatt platinum unit should be pretty easy to sell. However I fear my Vistana Orlando unit will be very difficult to even give away. At our update mtg a couple of months ago, a Vistana (now Marriott) sales manager said they wouldn't even take my Orlando unit as a deed back. Management doesn't want to carry
MF on those lower demand weeks which are also difficult to sell. They'd rather owners like us keep paying those MFs. They might take back tho' a developer bought week at the same resort, go figure...
 

GTLINZ

TUG Review Crew: Veteran
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Not sure it was mentioned - but if your heart is set on staying at Sunset Harbor when in Key West, you may want to try and purchase resale there. It will cost more and the MFs will be higher - but it is in Old Town and you can walk everywhere. But that would need to be your main place to go.

If you are good with being at Windward Pointe or Beach House you can take a shot at booking Sunset Harbor and those are your backups. As others have said, you can buy for points and own were MFs are more reasonable. I also recommend Coconut Plantation in Bonita Springs if you like a chill spot - you have access to a private beach but it takes time (via trolley and boat but the boat is great and chairs provided). Carmel should be workable also.

If you buy a deeded unit I think you will realize a lot of savings over the years traveling to Key West, Bonita Springs and Carmel.

Most Hyatt Residence club owners (deeded) are happy and would tell you the HPP system you were sold is a disaster. Glad you recinded. Good luck on finding TUG !
 

ScoopKona

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Not sure it was mentioned - but if your heart is set on staying at Sunset Harbor when in Key West, you may want to try and purchase resale there. It will cost more and the MFs will be higher - but it is in Old Town and you can walk everywhere. But that would need to be your main place to go.
As we have learned from the Sunset Harbor/MVC debacle, fees are about to go way up there.

People need to be honest with themselves "how often will I want to stay in the unit I own?" If the answer is all the time, most of the time, half of the time, or even one-quarter of the time -- then I agree, buy something that will be used. But I have seen so many people buy a trader and then plex-out about what they're buying. "But it's not on the third floor with the nicest view!"

To wit, I answer, "Are you really that concerned about the comfort of the person who trades into your unit every year?"

If someone isn't going to use what they have -- and instead leverage it for points each year, get the least expensive week with the least expensive fees for enough points to cover what they want to do. Yes, Diamond is the best bang for the buck -- but it isn't going to do anything for someone who can only take a week off each year and is buying to trade into an Interval two bedroom.

As always, it's the Joe Jackson song -- you can't get what you want until you know what you want.
 
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