Option to Pay Maintenance Fees with Hilton Honors Points...

[Eric B]

From an email I just received. BLUF is that the valuation would be $0.002 per HH point.

We’re excited to introduce our latest partnership with Hilton Honors — exclusively for select Hilton Grand Vacations Owners who have an eligible Hilton Honors American Express Card.

The new Hilton Honors Points Redemption Offer allows you to redeem your Hilton Honors Points toward your annual maintenance fee amount. You can redeem your Hilton Honors Points in increments of 500 Points for $1 in maintenance fees, up to the amount due.

 

[TolmiePeak]

I'm sure the owners that fall for that will attractive bait at the next owners update.

 

[HuskerATL]

Was just looking at this but low redemption rate...and requires owners to have the Amex so must be a marketing partnership between Amex, HGV, and Hilton

This from the HGV portal under the Ownership menu

 

[GT75]

OK, let’s look at the math. Let look at one of my more efficient deeds:

3BR+ Boulevard, 15360 pts MF $1436.04

Convert 15360 pts to HH points = 15360x16 =245,760 HH pts

Paid MFs at Boulevard: 245,760/500 = $491.52

Looks like a poor use.

If someone would get 125,000 HH points for sitting through an OU = $250 for their time in MFs. That isn’t too bad.

 

[HuskerATL]

The Hilton Miami Downtown for Oct 14 to 15 is 60,000 HH/night or a cash rate of $200 so the HH value is 0.0033/pt but the HH points for MFs is 0.002.

 

[HuskerATL]

If someone would get 125,000 HH points for sitting through an OU = $250 for their time in MFs. That isn’t too bad.

but a better use would be to put those toward a premium room at a nice Hilton...

 

[T_R_Oglodyte]

I have never seen a scenario in which monetizing points is a good value. One time, in an "owners update", the sales person was touting this as a great benefit for what you could do with you points. I pointed out what a terrible return that was on the money - asked him why it made sense to use points that I paid $2 to pay $1 of fee? I also showed what a terrible deal it was to use points for car rentals. He acknowledged that it didn't make sense except if you were in use them or lose them mode.

Then I pointed out that monetizing points has to be done by the start of the year, when you have all year to find ways to use the points. You only get to a "use them or lose them" state near the end of a year, and that is too late to do the conversion.

 

[HuskerATL]

I have never seen a scenario in which monetizing points is a good value. One time, in an "owners update", the sales person was touting this as a great benefit for what you could do with you points. I pointed out what a terrible return that was on the money - asked him why it made sense to use points that I paid $2 to pay $1 of fee? I also showed what a terrible deal it was to use points for car rentals. He acknowledged that it didn't make sense except if you were in use them or lose them mode.

Then I pointed out that monetizing points has to be done by the start of the year, when you have all year to find ways to use the points. You only get to a "use them or lose them" state near the end of a year, and that is too late to do the conversion.

to late for most...for Legacy Elite Premier and, I guess higher level Max, you can convert to HH any amount at any time of current year points. We don't do that but an option. Also, as EP, we have free saving so we don't even think about point use because we know that we have free options until the end of the year. The reality though, we are always borrowing so it isn't an issue....spending 2027 points right now for 2026 stays.

 

[Eric B]

OK, let’s look at the math. Let look at one of my more efficient deeds:

3BR+ Boulevard, 15360 pts MF $1436.04

Convert 15360 pts to HH points = 15360x16 =245,760 HH pts

Paid MFs at Boulevard: 245,760/500 = $491.52

Looks like a poor use.

If someone would get 125,000 HH points for sitting through an OU = $250 for their time in MFs. That isn’t too bad.

Your HH cost looks to be $1,436.04/245,760 = $0.0058. The math is more beneficial for bHC with 32x conversion - a studio penthouse at The Quin would be 23,040 bHC = 737,280 HH for $2,392.59 or $0.0032. Still way over the MF redemption value of $0.002.

For comparison, my last Hilton Honors stay at South Bank in Turks and Caicos would cost 180,000 HH points (after the latest devaluation )or $1,546.42 per night at the discounted rate with all fees and taxes included. (25% less for 5 nights.) That makes the HH point value $0.0086. When I stayed it was 130,000 HH points, so for the 5 nights, the HH point value was $0.015. Bottom line, the best use of either is for what it was meant for.

 

[Zenichiro]

Your HH cost looks to be $1,436.04/245,760 = $0.0058. The math is more beneficial for bHC with 32x conversion - a studio penthouse at The Quin would be 23,040 bHC = 737,280 HH for $2,392.59 or $0.0032. Still way over the MF redemption value of $0.002.

For comparison, my last Hilton Honors stay at South Bank in Turks and Caicos would cost 180,000 HH points (after the latest devaluation )or $1,546.42 per night at the discounted rate with all fees and taxes included. (25% less for 5 nights.) That makes the HH point value $0.0086. When I stayed it was 130,000 HH points, so for the 5 nights, the HH point value was $0.015. Bottom line, the best use of either is for what it was meant f

I think the way I would calculate it is:
$1,546.42 × 5 nights = $7,732.10 total cash cost.

For the stay booked it required 4 award nights at 130,000 Hilton points per night (because the 5th night is free on points). 7732.10 / 420000.

The value was about 1.84¢ per point when booked. Now at 180,000 Hilton points per night it’s about 1.1¢ per point ($7,732 ÷ 720,000). Still pretty solid.

 

[iftravel]

What happens when you convert HGVC points into HH points? The club then gives some inventory to the hotel chain? With the devaluation of HH points, I’m curious at which stage HGVC will renegotiate a new conversion ratio on behalf of all memberships, provided the current conversion ratio is already lackluster for pushing new sales.

 

[GT75]

What happens when you convert HGVC points into HH points? The club then gives some inventory to the hotel chain?

I believe, that is exactly what happens. Now, I don’t know what happens when you convert HH pts to MFs.

I’m curious at which stage HGVC will renegotiate a new conversion ratio on behalf of all memberships, provided the current conversion ratio is already lackluster for pushing new sales.

I don’t think that it will be adjusted in my lifetime. In general, it was a poor use of points beforehand and even worse now with the devaluation. I don’t see it affecting sales significantly especially to new victims because too much math is involved.

 

[iftravel]

I don’t think that it will be adjusted in my lifetime. In general, it was a poor use of points beforehand and even worse now with the devaluation. I don’t see it affecting sales significantly especially to new victims because too much math is involved.

Need more recnet victims to come and say if they fell for HH converstion. I would imagine it's a big selling point as HGVC's footprint is very limited but the whole Hilton network is gigantic.

 

[Zenichiro]

It could be used for some of the BHC as a selling point. I believe Elara 2BR Grand Premier is 23040 BHC points at $1331 per year MF. So 737,280 HH with the 1/32 conversion. Divide that by 500 is $1474.56. So you can for the moment cover you MF yearly via this new method.

 

[HuskerATL]

It could be used for some of the BHC as a selling point. I believe Elara 2BR Grand Premier is 23040 BHC points at $1331 per year MF. So 737,280 HH with the 1/32 conversion. Divide that by 500 is $1474.56. So you can for the moment cover you MF yearly via this new method.

If you buy that 2 bed Grand premier retail.... You have a long ways to go before you would break even for HH use ... Maybe a few generations...

 

[Zenichiro]

So this was interesting. It may have always been on the Ways to use Points page but I have never noticed it until last night. But they have all of these categories listed but with Hilton Honors NO. Wonder if they are thinking of making some as YES?

Ways to Use Points

• Home Week Reservation
• Home Resort Reservation
• Club Reservation
• HGV Max Reservation
• By Hilton Club Priority Reservation
• Travel Services/ClubPartner Perks
• RCI Reservation

 

[HuskerATL]

So this was interesting. It may have always been on the Ways to use Points page but I have never noticed it until last night. But they have all of these categories listed but with Hilton Honors NO. Wonder if they are thinking of making some as YES?

Ways to Use Points

• Home Week Reservation
• Home Resort Reservation
• Club Reservation
• HGV Max Reservation
• By Hilton Club Priority Reservation
• Travel Services/ClubPartner Perks
• RCI Reservation

That is a mixed bag of HGVC, HGVC Max, and Hilton Club

 

[Zenichiro]

If you buy that 2 bed Grand premier retail.... You have a long ways to go before you would break even for HH use ... Maybe a few generations...

I’m pretty sure resale would cost you a lot as well. lol

 

[Zenichiro]

That is a mixed bag of HGVC, HGVC Max, and Hilton Club

Doesn’t make sense. Why even list it if all are NO?