StuckinChicago
TUG Member
Isn't this similar to the situation given as an example by linsj above where you are using HHonors points for a reward stay at an HGVC property (Hilton Waikoloa)? I full agree with him; why use your HHonors points there when you can use either HGVC points or pay open season cash rates. Save your HHonors points for somewhere that has no HGVC property!
Sorry, I should have been more clear. We are using HHonors points to stay at the hotel side - NOT at the HGVC @ Waikoloa. This is our first trip to Hawaii and we wanted to check out this area. It actually worked out this way because we were able to score low airfare and since we just purchased HGVC, we do not have our HGVC club points yet. So we decided to use the Hhonors points. We only need a hotel unit since it is just the two of us.
I wanted to clarify JonathanIT's post about the conversion rate since it is still slightly off. The rate is NOT just a flat 23:1 at any time. To get the 23:1 rate, it has to be in one of the following 2 situations:
--You have to convert ALL of your HGVC points BEFORE the beginning of the use year for those points. So IOW, I would have to convert ALL my HGVC 2008 points before 12-31-07 (this also assumes you are not actually making a reservation at that time).
--Or, you can convert any remaining current years HGVC points at 23:1 ONLY IF you are booking a 6 night stay using one of the VIP Rewards. So IOW, I could call today and book a 6-night VIP reward stay using a portion of my 2007 points and still get 23:1.
For ALL OTHER HHonors bookings using HGVC points in the CURRENT year, it is only 20:1.
This was explained in great detail in prior posts and also confirmed to me by Seth Nock, who is one of the most reliable HGVC resale brokers out there. Hope that helps - since I agree that it is a very confusing thing.....