Is Hyatt exercising ROFR on new purchases?

[boraxo]

8K for EOY August 2 bedroom. Also paid for this year's assessments (since I'm using it this year) and closing costs.
Purchase price $8,000.00. 2021 Maintenance: $3003.58. Club Dues $157/year. Closing costs: $1.7K ($950.00 w/ title insurance, resort transfer $650.00, and admin. $99). 2-bedroom oceanfront, middle-floors, 5-8. I'm told that we just closed (mid July).
So, it sounds like I got a much better deal than the members were offered at the sales presentation. It's my first timeshare, so I don't know. I plan to use it, not trade it, so I see it as breaking even and having a washer/dryer. I bought through Red Week.

That's a tremendous deal compared to direct sale pricing! Is that $3k annual maintenance or just paid EOY? If for some reason you don't use it you can easily rent it and probably make back your purchase price in a couple of years. Alas our schools start August 10 now, so August doesn't work for us. Plus my wife won't stay in Kaanapali anymore

 

[Tucsonadventurer]

8K for EOY August 2 bedroom. Also paid for this year's assessments (since I'm using it this year) and closing costs.
Purchase price $8,000.00. 2021 Maintenance: $3003.58. Club Dues $157/year. Closing costs: $1.7K ($950.00 w/ title insurance, resort transfer $650.00, and admin. $99). 2-bedroom oceanfront, middle-floors, 5-8. I'm told that we just closed (mid July).
So, it sounds like I got a much better deal than the members were offered at the sales presentation. It's my first timeshare, so I don't know. I plan to use it, not trade it, so I see it as breaking even and having a washer/dryer. I bought through Red Week.

Wow!!! That is Fabulous! Congratulations! Where did you find this?

 

[Citygal]

That's a tremendous deal compared to direct sale pricing! Is that $3k annual maintenance or just paid EOY? If for some reason you don't use it you can easily rent it and probably make back your purchase price in a couple of years. Alas our schools start August 10 now, so August doesn't work for us. Plus my wife won't stay in Kaanapali anymore

3K EOY. Thanks for the positive feedback. I live in Chicago so EOY should work. There is a nonstop to Maui on United. Yes, my daughter is going into HS so I'm taking a chance on the week (depends which college right? ).
But, with all the other stuff, it was really more like 12.5K. Closing costs and this year's assessment (since I'm using it this year).

 

[Citygal]

That's a tremendous deal compared to direct sale pricing! Is that $3k annual maintenance or just paid EOY? If for some reason you don't use it you can easily rent it and probably make back your purchase price in a couple of years. Alas our schools start August 10 now, so August doesn't work for us. Plus my wife won't stay in Kaanapali anymore

Why won't your wife stay in Kaanapali anymore? Nothing bad I hope.

 

[Citygal]

Wow!!! That is Fabulous! Congratulations! Where did you find this?

RedWeek but asking was 30K I think.

 

[gratiem]

RedWeek but asking was 30K I think.

Nicely done! I've pinged a few people via RedWeek for HKB weeks, and ultimately settled for more almost 3x what you paid for an EOY 2BR. It was the right week for me but the price was difficult.

 

[Sapper]

8K for EOY August 2 bedroom. Also paid for this year's assessments (since I'm using it this year) and closing costs.
Purchase price $8,000.00. 2021 Maintenance: $3003.58. Club Dues $157/year. Closing costs: $1.7K ($950.00 w/ title insurance, resort transfer $650.00, and admin. $99). 2-bedroom oceanfront, middle-floors, 5-8. I'm told that we just closed (mid July).
So, it sounds like I got a much better deal than the members were offered at the sales presentation. It's my first timeshare, so I don't know. I plan to use it, not trade it, so I see it as breaking even and having a washer/dryer. I bought through Red Week.

You got a good deal. Congratulations!

 

[Bill4728]

We just cleared ROFR on an EOY Carmel ocean view for $1650 Unfortunately, After waiting 4 weeks for the current owners to sign off on the deed, the closing company said they were told that the current owners would be able to sign anytime soon and cancelled the deal.

 

[ivywag]

Just passed ROFR on a Hyatt High Sierra week.

 

[boraxo]

Just passed ROFR on a Hyatt High Sierra week.

I'm happy for you but that's not particularly useful without knowing the level. Above Gold?

Why won't your wife stay in Kaanapali anymore? Nothing bad I hope.

She's become a bit of a snob and doesn't appreciate the mass market crowd that stay at the hotels and crowd the elite lounges. They overcrowd the pool area to the point it is difficult to get a chair and then make a lot of noise at the pool (I'm talking about the adults not the children) blasting their music. Apparently I've spoiled her because she only wants to stay in Wailea now at the Four Season, Andaz, Grand Wailea, etc.

To be fair I've always found the timeshares in Kaanapali to be preferable to the hotels, we never had any problems at the Marriott or Hyatt timeshare pools (haven't stayed at Westin timeshares yet). But Wailea is definitely more upscale

 

[SunandFun83]

It would be great to know purchase prices and ROFR for Hyatt weeks. Kal has a database and a way to report sales. Please report your sales to share prices with all owners.

Kal has been so good about sharing information.

Hyatt Sale/ROFR Data Report

Data forms to enter purchase transaction information for a Hyatt Vacation Club unit.

www.bywindkal.com