Sticky - 2020 Hyatt Maintenance Fees

[echino]

I just paid the extra, also clicked to opt-out of $5 voluntary contribution. Now my contract is showing $5 owing. I am pretty sure this will prevent waitlist from being matched.

 

[ivywag]

I just logged into the Hyatt website to check inventory and a message popped up that the maintenance fees for our HSL units are now ready for payment. It did, however, allow me to check the inventory. I had complained for years that Hyatt (and then Interval) shut off access to inventory before the fees were actually due on Jan. 1. I can see not being able to BOOK using next year's points until paid, but never understood why browsing inventory was a problem. Looks like they finally fixed it!

 

[IslandTime]

I prepaid maintenance fees for Sunset Harbor last month. I just now logged in and saw we owed an additional $160.83 which I went ahead and paid. Total for 2020 is $1801.76, only $20.22 more than last year. I can't see a breakdown of the fees though. Is there somewhere I can find that online?

 

[bdh]

I prepaid maintenance fees for Sunset Harbor last month. I just now logged in and saw we owed an additional $160.83 which I went ahead and paid. Total for 2020 is $1801.76, only $20.22 more than last year. I can't see a breakdown of the fees though. Is there somewhere I can find that online?

There is a good breakdown that is on one your account pages before you pay. A breakdown is still available online after you pay, but it is very confusing to see what the various amounts were for. So it's waaaay easier to call in to get the breakdown once you've paid.

 

[IslandTime]

Will I still get a statement in the mail if I already paid it?

 

[bdh]

Will I still get a statement in the mail if I already paid it?

You should (unless they've gone to email only).

 

[charlieth0]

This serves as an APB for all TUG Hyatt owners: it won't be long before we begin receiving invoices for our 2020 maintenance fees. As the invoices arrive to you, please post here with a summary of your invoice in the following format (below is an example only):

Hyatt Pinon Pointe 2BR Platinum Season 2,000 points Annual

Operating Fee $1,000
Replacement Reserve 300
Property Taxes 150
Club Dues 150

Total $1,500

% increase over 2018 4.6%

Thanks to everyone for participating. Once we begin to get a good string of these, I'll ask TUGBrian to re-post this thread as a sticky.

Thanks!

 

[charlieth0]

Hyatt Pinon Pointe 2BR Gold Season 1,880 points Annual

Operating Fee ?
Replacement Reserve ?
Property Taxes ?
Club Dues ?

Total $1,206.25

% increase over 2019 7.4%

Hyatt Pinon Pointe 2BR Silver Season 1,400 points EOY

off year

Total $ 157

% increase over 2018(last off year) 2.6%

 

[ivywag]

I just paid the extra, also clicked to opt-out of $5 voluntary contribution. Now my contract is showing $5 owing. I am pretty sure this will prevent waitlist from being matched.

We also opted out of the voluntary contribution and shows $5 due on each paid week. I called and the rep said that it would not prevent a match from waitlist and that it will "fall off" by itself. Hope she really knows! I don't have a lot of faith in the knowledge of the phone reps.

 

[travelhacker]

We also opted out of the voluntary contribution and shows $5 due on each paid week. I called and the rep said that it would not prevent a match from waitlist and that it will "fall off" by itself. Hope she really knows! I don't have a lot of faith in the knowledge of the phone reps.

I just paid mine a few days ago, and it seemed to "fall off" just like the rep described.

 

[ivywag]

I just paid mine a few days ago, and it seemed to "fall off" just like the rep described.

Thank you. I feel better now!

 

[WalnutBaron]

Hyatt Pinon Pointe 2BR Diamond Season 2,200 points Annual

Maintenance Fee $757.26
Replacement Reserve $207.09
Property Taxes $84.90
Club Dues $157.00

Total $1,206.25

% increase over 2018 8.0%

 

[GTLINZ]

Wild Oak Ranch 2BR Gold Even

1,344.24

I do not have the breakdown as it is part of closing so I just know the total.

 

[seagila]

Hyatt Windward Pointe 2BR Platinum Season 2,000 points Annual

Maintenance Fee $919.91
Replacement Reserve $307.02
Property Taxes $116.77
Club Dues $157.00

Total $1,500.70

% increase over 2019 13.74% ($181.32)

 

[echino]

Hyatt Residence Club Bonita Springs, Coconut Plantation

2br Gold Season, 1,880 annual points

2020 Maintenance Fees $1,013.19
2020 Reserves $248.15
2020 Property Taxes $0.00
2020 Club Dues $157.00
Voluntary ARDA Contribution $0.00

2020 Total $1,418.34

-1.8% decrease over 2019

 

[Sapper]

Hyatt Beach House 2BR Platinum Season 2,000 points Annual

Operating Fee $898.24
Replacement Reserve $426.29
Property Taxes $28.55
Club Dues $157

Total $1,510.08

% increase over 2019: 14% per the operating budget (attached)

 

[Sugarcubesea]

Hyatt Beach House 2BR Platinum Season 2,000 points Annual

Operating Fee $898.24
Replacement Reserve $426.29
Property Taxes $28.55
Club Dues $157

Total $1,510.08

% increase over 2019: 14% per the operating budget (attached)

View attachment 15037

Sapper, I know you and I are bummed about this one the most as we both own here...dang that is a hefty increase and it darn well better not be 14% next year...

 

[Tucsonadventurer]

Sapper, I know you and I are bummed about this one the most as we both own here...dang that is a hefty increase and it darn well better not be 14% next year...

I think they are trying to equalize Hyatts fees with Marriott which is bad news as Hyatt has been significantly lower. We too own at Beach House

 

[Sapper]

Sapper, I know you and I are bummed about this one the most as we both own here...dang that is a hefty increase and it darn well better not be 14% next year...

The largest dollar (as opposed to percent) increase comes from a new line item added this year. “Operating Capital” shows $0 for 2019 and $66.84 for 2020. What exactly is “Operating Capital” in the context of our maintenance fees? Is this a slush fund for local management akin to petty cash? Is this new line item in all of the different properties operating budgets (as it seems all properties budgets are rapidly increasing this year)? If so, who directed that this line item be added? Why? I do not like the direction this is headed.

 

[Sapper]

I think they are trying to equalize Hyatts fees with Marriott which is bad news as Hyatt has been significantly lower. We too own at Beach House

Historically fiscally conservative management (Hyatt) vs maximize profit for the company on a product with a high barrier to exit (Marriott).

 

[HenryT]

2020 Hyatt Pinon Pointe 2BR Platinum Season 2,000 Points Annual
Operating Fee: $757.26
Replacement Reserve: $207.09
Property Taxes: $84.90
Club Dues: $157.00
Total $1,206.25
% increase over 2019: 8.8%

2020 Hyatt Sunset Harbor 2BR Gold Season 1880 Points Annual
Operating Fee: $1,111.82
Replacement Reserve: $371.08
Property Taxes: $123.67
Club Dues: $157.00
Total $1,763.57
% increase over 2019: 0.37%

 

[WalnutBaron]

Hyatt Highlands Inn Carmel 1BR Platinum Season 2,000 points Annual

Maintenance Fee $1341.99
Replacement Reserve $216.83
Property Taxes $249.45
Club Dues $157.00
Carmel Wastewater Fee $22.95

Total $1,988.22

% increase over 2018 +7.9%

 

[bdurstta]

Just got my Hyatt Highlands Carmel in the mail. At $1988.22 per year...unfortunately, if the fees keep going up 7.9%...it will cease to be of value to me for that price. Timesharing sure has changed! LOL

 

[Sapper]

Just got my Hyatt Highlands Carmel in the mail. At $1988.22 per year...unfortunately, if the fees keep going up 7.9%...it will cease to be of value to me for that price. Timesharing sure has changed! LOL

I almost wonder if this is by design. Rapidly raise maintenance fees forcing people to sell. The resale value will plummet due to both the higher maintenance fees and the larger volume of units entering the marketplace. Hyatt/Marriott buys these units at a steep discount using ROFR. Add the units into the Portfolio Program (or whatever the future program may be called).

Alternatively, they may be increasing budgets in order to make the properties look well funded to get a higher profit spinning the Hyatt properties off. Lipstick on a pig (though none of the Hyatt properties are pigs) if you will.

 

[bdurstta]

Just makes me a little bit sad. I mean once someone truly embraces the timeshare concept (its not for everyone) it seems to work well. Especially when you have a family. But now, our kids are grown and married. They are NOT interested in "inheriting" this at all...and especially not at the current maintenance fee rates. We will enjoy for as long a we thing they are cost effective..but once the maintenance fees hit $2000+ per year...well...it will be the time to seriously re-evaluate!