Membership levels

[dansimms]

I am a Marriott Vacation Club Owner for 25 years now. I am curious if Hyatt has membership tiers with escalating benefits ? I wonder if I were to buy my first and only Hyatt, if I would come in at a higher Tier, based on being a member of both programs, that are each a part of the larger entity? If it exists, an every other year 2BR at the Hyatt Sunset / Key West, would be something to consider for us.

 

[echino]

No tiers.

 

[travelhacker]

There are actually tiers within HPP (more housekeeping credits, and stuff like that). Obviously, it's not worth buying from the developer for higher tiers.

 

[dansimms]

Thanks. Just thinking that if it ever made sense for me to expand my portfolio , the Key West Hyatt that is in the middle of the town, would interest me the most. Does anyone know if it was ever sold as an every other year? I need to keep the maintenance fees down.

 

[travelhacker]

Thanks. Just thinking that if it ever made sense for me to expand my portfolio , the Key West Hyatt that is in the middle of the town, would interest me the most. Does anyone know if it was ever sold as an every other year? I need to keep the maintenance fees down.

I'm not certain if they sold EOY at Sunset Harbor. However, I would probably stay away from an EOY for a couple of reasons:

1) You still pay "Club" dues every year. I think they run around $150 per contract.
2) The resale value stinks on EOY.

If you regularly want to stay at Sunset Harbor, I think it makes sense to buy an annual and stay when you want to, and then plan on exchanging within Hyatt. Sunset Harbor seems to have a fair amount of demand from a rental perspective, so you could always take that approach as well.

 

[Kal]

Thanks. Just thinking that if it ever made sense for me to expand my portfolio , the Key West Hyatt that is in the middle of the town, would interest me the most. Does anyone know if it was ever sold as an every other year? I need to keep the maintenance fees down.

Sunset Harbor is a great choice. The only way to make the transaction would be by purchasing resale. If you buy from Hyatt it would have to be thru HPP, which is not recommended. I believe there are EOY units so search for a motivated seller.