New Point Requirements to Trade Hyatt in II?

[bnoble]

We aim for Westin, Marriott and Hyatt properties.

With this as your goal, I'd think one of the Usual Suspects among the Marriott lock-off traders.

 

[dioxide45]

This is incredibly disappointing for people that exchange in II. I have a one bedroom platinum that yields 1320 points per year which allowed us to trade for ANY 2 bedroom in II. We have gotten fantastic trades over the years. With the new math, we get 1490 points to trade in II. That is no longer enough to do what we want to do. I will likely need to sell this one. Does anyone have suggestions on any solid traders? We aim for Westin, Marriott and Hyatt properties.

Realize that trading is a moving target. As we've learned with Hyatt, things can change overnight. You might buy something else and have the same problem a few years from now. That said, if you want to trade for Westin, Marriott and Hyatt, a lock off MVC or voluntary Vistana lock off might be the best option. For now.

 

[ScoopKona]

This is incredibly disappointing for people that exchange in II. I have a one bedroom platinum that yields 1320 points per year which allowed us to trade for ANY 2 bedroom in II. We have gotten fantastic trades over the years. With the new math, we get 1490 points to trade in II. That is no longer enough to do what we want to do. I will likely need to sell this one. Does anyone have suggestions on any solid traders? We aim for Westin, Marriott and Hyatt properties.

Despite the point increases, Hyatt still pulls anything in Interval's inventory. (Yes, I'm well aware of the handful of "preferred exchange" periods.) 1300 points is still a couple studios everywhere in the system. The ability to consistently trade up has been nerfed. But trading sideways and down still works.

If you owned a 2200 point Diamond week, you'd still get multiple weeks on one maintenance fee. That's what this is about -- they want all of us to buy more points to achieve the same goals. If you want to do an end-run around this transparent cash grab, sell your platinum 1bd and buy a diamond 2bd resale.

 

[marmite]

Despite the point increases, Hyatt still pulls anything in Interval's inventory. (Yes, I'm well aware of the handful of "preferred exchange" periods.) 1300 points is still a couple studios everywhere in the system. The ability to consistently trade up has been nerfed. But trading sideways and down still works.

If you owned a 2200 point Diamond week, you'd still get multiple weeks on one maintenance fee. That's what this is about -- they want all of us to buy more points to achieve the same goals. If you want to do an end-run around this transparent cash grab, sell your platinum 1bd and buy a diamond 2bd resale.

Diamond in Interval went up in points for each trade as of the beginning of the year too. It wasn't just Hyatt.

 

[ScoopKona]

Diamond in Interval went up in points for each trade as of the beginning of the year too. It wasn't just Hyatt.

I mean the Hyatt Diamond point level -- 2200 for a 2bd. How Interval works for other timeshare owners largely doesn't affect Hyatt owners, even after the changes. TDI now means different point costs. But it doesn't change availability -- at least I haven't seen any evidence that it does. I can still pull all the same stuff I could last year. Most of it costs more points. (And some of it costs less -- they're REALLY trying to make off-season travel attractive.) But it's all still there for the asking.

 

[marmite]

I mean the Hyatt Diamond point level -- 2200 for a 2bd. How Interval works for other timeshare owners largely doesn't affect Hyatt owners, even after the changes. TDI now means different point costs. But it doesn't change availability -- at least I haven't seen any evidence that it does. I can still pull all the same stuff I could last year. Most of it costs more points. (And some of it costs less -- they're REALLY trying to make off-season travel attractive.) But it's all still there for the asking.

I thought everyone had a 2200 point . That is what I was shopping for. Thanks for clarifying though. It probably doesn't ease the pain of Interval upping the points this year, but they weren't the only brand that got screwed for 2024.

Do you think that the 2200 point contracts will continue to hold their resale prices, or do you think people who used Hyatt points to primarily trade out will start selling?

 

[GTLINZ]

This is incredibly disappointing for people that exchange in II. I have a one bedroom platinum that yields 1320 points per year which allowed us to trade for ANY 2 bedroom in II. We have gotten fantastic trades over the years.

It is reported that the charts have dissapeared from the website. When I looked they were there and the high end resorts i searched on were matching the lower numbers below which showed up when i clicked on Premier Elite. The chart is from earlier in this thread.

In my searches I was seeing 550, 650 and 700 on studios and the corresponding numbers on 1br and 2br - and you could for sure see the influence of peak time. It reminds me of the tiered pricing you see for hotel stays with Bonvoy or WOH.

It definitely hurts. It appears off season is up almost 30% and peak is up over 60%.

Again, this was looking at Marriotts, Westins, Sheratons, etc. I am not sure what would fall into affilate - it could be our new internal trades within Welk and/or lower rated resorts. All the places I like to go appear to be Premier Elite.

 

[ScoopKona]

I thought everyone had a 2200 point . That is what I was shopping for. Thanks for clarifying though. It probably doesn't ease the pain of Interval upping the points this year, but they weren't the only brand that got screwed for 2024.

Do you think that the 2200 point contracts will continue to hold their resale prices, or do you think people who used Hyatt points to primarily trade out will start selling?

I think there's going to be some "I'm out" sales because of this. But I'm still not out. And I've been on the fence about holding on to my single Hyatt week for years now. I've been seeing less and less return on my annual maintenance fee (with the exception of the past two years, where we did a month in California wine country for next to no money). AirBnB was utterly taking over any need for a timeshare -- and then AirBnb started poisoning their own well.

Marriott is doing their damnedest to poison the Hyatt well. But the saving grace is that Hyatt resorts are mostly in very-high-end zip codes with little else available. That makes them monster traders, simply because no company can repeal the law of supply and demand. (The Pritzkers understood this. Marriott looks like they're just trying to up their share price by any means possible.)

2200 Hyatt points is still aces within the internal Hyatt trade system (if that's where you want to go). It went from being "aces" to "jack" in Interval. But it's still better than having a basic lock-off timeshare trader in Branson or similar.

 

[dioxide45]

It is reported that the charts have dissapeared from the website. When I looked they were there and the high end resorts i searched on were matching the lower numbers below which showed up when i clicked on Premier Elite. The chart is from earlier in this thread.

In my searches I was seeing 550, 650 and 700 on studios and the corresponding numbers on 1br and 2br, and you could see the influence of peak time. It reminds me of the tiered pricing you see for hotel stays with Bonvoy or WOH.

It definitely hurts.


View attachment 86919

When you look now, are the charts still unavailable? If so, how do you initiate a search?

 

[dioxide45]

That makes them monster traders, simply because no company can repeal the law of supply and demand. (The Pritzkers understood this. Marriott looks like they're just trying to up their share price by any means possible.)

I am not sure how they are monster traders? They trade in a point system and can see all available inventory. That is no different than any other point system that trades in II. I suspect they were good traders because they had favorable point values assigned in II when trading into other resorts. That seems to have diminished somewhat now.

 

[GTLINZ]

When you look now, are the charts still unavailable? If so, how do you initiate a search?

Jeremy - just for you i went back into my Interval portal and looked. HRC is the only thing I own (anymore) that is tied to Interval.

Once i start a search, it has me select an ownership. It then USED TO show me a chart so I could select the maximum number of points to search with. You could also look at the TDE numbers by month. It now takes me straight to the search results screen.

Other systems likely work differently. HRC is just who they decided to pick on for now.

 

[ScoopKona]

Once i start a search, it has me select an ownership. It then USED TO show me a chart so I could select the maximum number of points to search with. You could also look at the TDE numbers by month. That is still not happening. Not sure if other portals used to do that.

This is my experience as well. The numbers are still there -- but only when clicking on an area/resort and seeing the availability list. Then it's up to the owner to suss out the increase (or decrease -- some really have gone down for mud/monsoon/winter season).

As with every other change since Marriott took over, it's worse than before.

 

[mjm1]

I thought everyone had a 2200 point . That is what I was shopping for. Thanks for clarifying though. It probably doesn't ease the pain of Interval upping the points this year, but they weren't the only brand that got screwed for 2024.

Do you think that the 2200 point contracts will continue to hold their resale prices, or do you think people who used Hyatt points to primarily trade out will start selling?

I would think the higher point seasons (Diamond and Platinum) would continue to hold their value just as they have before.

 

[dioxide45]

Jeremy - just for you i went back into my Interval portal and looked. HRC is the only thing I own (anymore) that is tied to Interval.

Once i start a search, it has me select an ownership. It then USED TO show me a chart so I could select the maximum number of points to search with. You could also look at the TDE numbers by month. It now takes me straight to the search results screen.

Other systems likely work differently. HRC is just who they decided to pick on for now.

Thanks for the clarification and for taking the time to verify for me. I don't own Hyatt, so I couldn't check. I want to do a video about this issue on my channel and wanted to know how it worked currently. I know other systems like Marriott still have us pick the number of points we want to search with first then it takes us to the search form.

I suspect, like I mentioned earlier in the thread, I think after I emailed II and asked them about the grids, they opted to suppress them so people really can't see the new amounts. I think showing the grids initially wasn't intended. Glad @echino posted the screen shots, otherwise it would take a lot of work to figure out the amounts per unit size and TDI. I would like to think they would make an II trading guide available that shows the grids like they do for MVC, but I doubt that will happen or it won't get published for many months ahead.

 

[bnoble]

I would like to think they would make an II trading guide available that shows the grids like they do for MVC, but I doubt that will happen or it won't get published for many months ahead.

If there is a Hyatt-specific disclosure guide, it will probably be in that.

 

[Scavanjer]

This is incredibly disappointing for people that exchange in II. I have a one bedroom platinum that yields 1320 points per year which allowed us to trade for ANY 2 bedroom in II. We have gotten fantastic trades over the years. With the new math, we get 1490 points to trade in II. That is no longer enough to do what we want to do. I will likely need to sell this one. Does anyone have suggestions on any solid traders? We aim for Westin, Marriott and Hyatt properties.

What does 1490 allow you to trade for in this new math?

 

[Benz_one]

What does 1490 allow you to trade for in this new math?

A one bedroom at any tdi level / rating and possibly low demand/ low rating two bedroom. Potentially multiple studios. Unfortunately, I require 2 bedrooms at this time.

 

[ScoopKona]

A one bedroom at any tdi level / rating and possibly low demand/ low rating two bedroom. Potentially multiple studios. Unfortunately, I require 2 bedrooms at this time.

Seriously, you need more points. Buying an additional week means an additional maintenance fee. So sell what you have and buy a resale. Frankly, I'd be shopping for any Diamond week right-the-[censored]-now. You have a year to divest your 1bd platinum before maintenance fees are levied again. (You should do so just as fast as humanly possible because everyone in your boat is going to come to this realization in five...four...three...two... Diamond 2bd resale weeks are about to become scarce.)

 

[skimeup]

I’m in Palm Desert ( Marriott Desert Springs II It’s Palm Springs International Film Fest week. Counting my maintenance fee costs and the II trading fee with E*Trade this studio week cost me roughly $900. Under the new system it would cost $1200. But a getaway was listed for $472 last week before I came (which I inadvertently discovered when I was looking for another PD exchange). Since II goes to getaways first instead of exchanges first, which I usually forget. This likely would not work for many areas but is good info for those of us who can do things at somewhat last minute (decent getaway weeks were offered a good month in advance so not quite so last minute.

It’s really strange that Marriott would choose to devalue ownerships when timeshares are getting such fierce competition from online competitors. Not just Airbnb and the like but fiercely discounted hotels. Especially with Aspen pulling mostly out and Maui and Marco Island looking at following suit. I expect to keep my 1300 point week for internal trades for summer music festivals but gone will be II trading.

 

[pedro47]

All points exchanges have increased in all exchangers systems from RCI, Hyatt, II HGVC, HVC and Marriott. IMHO

 

[Hindsite]

All points exchanges have increased in all exchangers systems from RCI, Hyatt, II HGVC, HVC and Marriott. IMHO

MVC in II is still the same as it was last year.
MVC in its internal points system Abound is still the same, other than the usual changes that move for the holiday dates.

 

[dioxide45]

As far as I have seen, the onkly other system that changed was HVC/DRI. Do we know if there was a change to the point requirements for Welk?

 

[dsmrp]

The mobile II app is still broken for searching. I can't select a point cutoff level to search with. And it still shows the TDI level points for each unit size.

 

[Tucsonadventurer]

What does TDI stand for?

 

[pedro47]

MVC in II is still the same as it was last year.
MVC in its internal points system Abound is still the same, other than the usual changes that move for the holiday dates.

View attachment 87022

Thanks for the correction.