We attended a presentation at Coconut Plantation on Tuesday and were offered 660 points for $15.4 K or 1,000 points for $22.8 K. I asked about bringing in resale weeks (although we don't have any at the moment) and was told that this is not being done. Big selling point they were pushing was lower maintenance ($980) on the 1,000 points than what you would pay for owning a deeded week. Dubious selling point in my mind since what is in the pool can only be an average of all the weeks that are there, unless they are somehow being subsidized.
I asked about whether they would be integrated into the Abound program and was told no, but they had a "Concierge" service whereby you could call in and request a Marriott resort booking and it could be done, if available. He said Hyatt points required for a peak season 2BD at Marriott is 1,300. I was not comfortable with the fact that there was no published grid for this type of transaction. He pointed out that the cost of purchasing those 1,300 Hyatt portfolio points today is $29 K, while purchasing 3,950 Marriott destination points (the equivalent needed for that reservation) is $64K.
We passed on the deal, but did pay $1k for an Explorer Deal to come back in 12-18 months for a 4-night stay and do another update. At that time, if we buy, it will be at Tuesday's pricing and what we already spent will be credited to our purchase price. If we don't buy, we will get 48,000 World of Hyatt points.
This will give us some time to evaluate whether or not this is worthwhile for us. Thoughts from other Hyatt owners? From reading one of the above posts, it's apparently not true that resale weeks cannot be brought into the portfolio.
