Seems Hyatt Residence Club (HRC) owned by Marriott want to re-sell your unit to you for $10-20k moving the week into a points trust. Does HRC only sell points now not weeks? I'm a HRC owner, here's what I gathered from the points pitch. Hopefully, all is accurate - please correct if I got any of this wrong or left out worthy issues..
The higher and more costly the tier of points - the sooner / earlier you can view and reserve the "trust" inventory plucking II premium available units / dates. Owners of the same branded resorts have priority rules. Points are flexible for short stays in place of a full week, exchange fee(s) are minimal. Trust ownership in points also insulates you from costly home resort assessments from updates, normal repairs to storms damage. There's a points fee in place of the maintenance fee, no free ride.
Exchange inventory goes thru points tiers, then after some time to whoever has requests and eventually end up as excess inventory getaways. By tier filtration theoretically, premium resorts and dates are scooped. Points tier filtering and resort level matching is largely the reason people say I can't get a week or resort I would like. Was told by sales points are the future and the elite resorts and week dates are all becoming more and more difficult to exchange into unless you have points - the top tiers ($$$$$) are best.
Marriott owns II and Wyndham owns RCI so they have all the cards / exchange inventory.
FYI - I kept my $$ and diamond week at HRC, no points for me.
The higher and more costly the tier of points - the sooner / earlier you can view and reserve the "trust" inventory plucking II premium available units / dates. Owners of the same branded resorts have priority rules. Points are flexible for short stays in place of a full week, exchange fee(s) are minimal. Trust ownership in points also insulates you from costly home resort assessments from updates, normal repairs to storms damage. There's a points fee in place of the maintenance fee, no free ride.
Exchange inventory goes thru points tiers, then after some time to whoever has requests and eventually end up as excess inventory getaways. By tier filtration theoretically, premium resorts and dates are scooped. Points tier filtering and resort level matching is largely the reason people say I can't get a week or resort I would like. Was told by sales points are the future and the elite resorts and week dates are all becoming more and more difficult to exchange into unless you have points - the top tiers ($$$$$) are best.
Marriott owns II and Wyndham owns RCI so they have all the cards / exchange inventory.
FYI - I kept my $$ and diamond week at HRC, no points for me.