Got an email from Hyatt that I should deposit my 200 pts with interval international. I come to find out that in order to do a “short stay” I need to upgrade my Interval membership (pay more money) to do that.
Opinion: Anyone have experience with the short stays? Is it worth it? Availability? Not sure what else I can do with my 200 pts.
I don't think you need to upgrade your II membership in order to book a short stay. I am able to see short stays with my normal Hyatt II membership. I've never tried to book one, but it would seem strange that I could search them and not book them.
My experience so far is that the short stay exchanges are not such a great value. You have to pay a full exchange fee no matter how many nights you book, they tend to be available on relatively short notice and the resorts tend to be places you could rent pretty inexpensively.
However, your HVC points will be good in II for 2 years after your deeded week. For example, if you are getting this email now, your deeded week is probably in July. That means the points in question will be good in II until July 2013. So if you decide to use anything less than your deeded week within the next 2 years, you could just deposit enough into II to top off your 200 points- for example 230 more to get a red studio through II- and they will not go to waste, This is probably a better use of those 200 points.
If II does not work for you, obviously you can also use those points to book a 4 night midweek HVC stay silver season somewhere. Even though your deadline to deposit with II is coming up, you can use those points in the HVC for 10 months still- 6 months past the date of your deeded week.
H