I saw that. That was my backup plan since it doesn’t get the priority exchange window. But maybe worth it if cost is lower since property values are lower in LV.
I’m not sure about the Central. I’ve seen some resales listed with MF and assigned points that you can make guesses about. The Quin studio penthouses worked out quite well because of the high point allocations for small interior square footage, which the fees are based on. The large terraces make up for it when the weather is good if you’re using your unit. I don’t think the Central is set up the same way, though I haven’t really looked into it.
Concierges have a list of people who are "wanted" by the sales team. Just note that when you show up at their desk for an unrelated reason like a Grand Experiences card, they look at a printed list for something, and then start talking about the owners update. It's not a coincidence. They have a list of pre-qualified attendees.
Yes. I attended an Elara presentation twice in one months time. On an owners update in March, and promo package in April. I pushed them hard to give me a trade-in offer for $7K new money on the second presentation and they didn't allow that. He said $20K is their minimum, and they probably could go down a little bit with management approval but $10K and lower is impossible. And he did ask the management. He was also surprised that I was offered a $10K money down by Orlando in the past. I actually lied to see what their response would be - and it was a genuine surprise, and he started sort of analyzing it by himself and sort of being sceptical about how that would even be possible, and what level of extra approvals would have to happen to get it done.
Be warned....I recently backed out of a 1BR premier platinum bHC deed at Elara because the deed describes the unit as a undivided fractional % ownership. It does not specify a unit number and week number the way the regular Elara deeds are written.
IMHO, it’s nice having a deeded fixed week fixed unit ownership at a low cost resort we want to use. A fractional deeded ownership like the Elara one you described would be a great option for us to add to what we have as a point generator; Las Vegas isn’t a place we regularly go to and we’ve never spent a whole week there. The most important thing in any case is to understand what you’re buying up front and have a purpose you’ll be using it for. After all, it’s always cheaper to buy a resale point generator.
I don't understand what would be the appeal for an Elara bHC deed. The MFs are around $0.09/pt (edited to correct) vs the regular best Elara deeds in the $0.5-$0.7/pt range. I understand those that own NYC bHC properties because they go there often and have lounge access. But do you get anything extra by owning an Elara bHC deed? What am I missing here?
My calculator skills let me down, you are correct. I agree that these fees are very good for bHC.
The first part of that statement is true (from my understanding of what others have posted. I don't own any bHC so I can not verify) but is the second part true if you don't own at the Quin? And would someone get lounge access at the Quin for example if they didn't own there? Per our posting, one should get
tugbbs.com
Sales representative told me Elara bHC will have a lounge that only Elara bHC owners can use. Expanded bHC booking window extends to other bHC properties.
The bHC deeds are not inexpensive and are liable to induce sticker shock, even by retail standards!
Based on people's answers in the NYC thread I made, the 104-90 days out is only for District/Central/Quin/Residences owners. So if you only own Elara and/or W57 bHC you don't get access to priority window.
Understand, at the Elara only. That is where my confusion was because I thought someone was stating at the other bHC lounges. I must have just misinterpreted someone’s post.
If you don't own at a particular bHC resort that has home resort priority reservations, you cannot book there. What it says about it in the Club Rules is the following (emphasis added - it also provides the windows but my editing skills aren't up to cutting and pasting it right). The underlined portion seems to eliminate using other bHC points for these reservations, but that limitation doesn't seem to be implemented.
Warned about what exactly? Flamingo is described that way (my 2 BR Platinum is described as 0.013919% of undivided Vacation Ownership). And so is my 2 BR Gold at Boulevard. Only my Elara is different and does list a unit number, and a floating week number. It doesn't really matter. I bet fractional ownership is a typical structure of HGVC deeds, and regular-floor Elara is different because it's taken over from Westgate, while BHC Elara are 100% fresh with no Westgate units.
I should have said, be aware. All five of my deeds from four different HGVC properties list a specific unit number and specific week. I know Paradise has the undivided percentage wording, so some are written like that. I will never buy one with that wording.
By Hilton Club or bHC is the category of resorts that are typically in urban locations and have different reservation rules.
Everyone is entitled to their own preferences, of course, but how would the wording on the deed make a difference to your usage?
Why? What is wrong with that wording exactly?