Integration of BG into the HGV

[GT75]

The integration of BG into the HGV family was discussed in the HGV 2024 Q3 Investors Call.

HGV 2024 Q3 Investors Report

2024 Q3 Earnings Report Previous Investor Calls/Reports 2024 Q2 Earnings Call 2024 Q1 Investor Call 2023 Q4/Annual Earnings Call 2023 Q3 Earnings Call 2023 Q2 Earnings Call 2023 Q1 Earnings Call 2022 Q3 Earnings Call 2022 Q1 Earnings Call 2021 Q3 Earnings Call HGV announced their 3rd quarter...

tugbbs.com

HGV is launching HGV Max sales for BlueGreen next week. They also discussed the rebranding of the BlueGreen resorts.

 

[rapmarks]

Ever since the change to call in center, my reservations have been messed up and there is always a 90 minute wait time to speak to an agent.

 

[TUGBrian]

oh wow, thanks for sharing! thats pretty big news!

 

[dioxide45]

oh wow, thanks for sharing! thats pretty big news!

They still seem to be rather scant on details. No mention of how Bluegreen points may be adjusted to bring them in line with the current HGVC and HVC points valuations.

 

[CoopMcCord]

Today's email...

Since acquiring Bluegreen Vacations earlier this year, we’ve been eager to share exciting developments as we integrate the strengths across these two companies and create unparalleled vacation experiences. Today, I’m thrilled to share the fantastic news about the launch of HGV Max for eligible Bluegreen Vacation Club Members. Get ready for more destinations, benefits and experiences — and an amazing future together! What Is HGV Max? HGV Max is our new membership offering that gives you more ways to use your Bluegreen Vacation Points. When you join HGV Max through an eligible purchase, you’ll maintain many of your Bluegreen Vacation Club benefits plus gain additional, exciting features to enhance your ownership even further, including access to more resorts around the globe.​ LEARN MORE​ ​

Enjoy More Ways To Get Away By joining HGV Max, you’ll be the first in line to gain new benefits coming in 2025* including: An expanded portfolio of properties featuring access to Hilton Grand Vacations Club, Hilton Club and Hilton Vacation Club resorts, with a six-month reservation window with no booking fees Hilton’s HGV Max Rate, providing 10% savings off regularly published rates for stays at over 7,600 Hilton hotels and resorts Ability to convert your Bluegreen Vacation Points to Hilton Honors™ Points for use across the entire Hilton portfolio Enrollment in the Hilton Honors™ program What’s Next We’ll continue sharing information about HGV Max, including when these exciting benefits are available. News and updates about the program will also appear in your Owner newsletter. We look forward to helping you create new memorable vacation experiences at one of our many properties around the world soon. Best wishes, Gordon Gurnik Senior Executive Vice President & Chief Operating Officer​

 

[dioxide45]

So an announcement, non announcement email?

 

[TUGBrian]

its like a teaser trailer!

 

[GT75]

That certainly doesn't look like a launch of a program to me as stated in the HGV investor call. But then corporate spin wasn't my strong suit.

 

[dioxide45]

That certainly doesn't look like a launch of a program to me as stated in the HGV investor call. But then corporate spin wasn't my strong suit.

When they rolled out Max initially, I don't think the cross booking ability actually existed yet? So perhaps it is like then, tease it, sell it but won't have the ability to cross book for a while.

 

[amycurl]

It looks like you’d have to purchase something new, and not just the $7K straight buy-in that was offered to HGVC members. Also note the wording that they’d keep “many of the same benefits” they currently have with BG. Emphasis on “many”; it appears they are acknowledging the situation with DRI owners who lost valuable benefits when they “upgraded” to Max.


Sent from my iPad using Tapatalk

 

[GT75]

not just the $7K straight buy-in that was offered to HGVC members.

That is in the rules but never has materialized.

 

[GrayFal]

Thanks @CoopMcCord for posting the letter, I did not get it and I am out of the country so can’t access the BG website (such a modern company)
For anyone who has website access, does it have any more info than what is in the email?