I had a similar pitch at Wild Oak Ranch. The guy claimed that I could access all of Hyatt and Marriott (including all hotels) directly using HPC points. He went as far as to say that once I sign up, an option will appear on hyatt.com to book hotels. I showed him the Park Hyatt in Paris for $1,500 per night, and he said, of course, you can book that for 75 points a night midweek during high season! Later on, I asked him to confirm this via text message, and he clearly didn't want to put false information in writing, so he backtracked and said he was talking about Interval exchanges, and that some hotel exchanges may be available there.