Timeshare Traveler Episode 172... Hilton Grand Vacations buys BlueGreen

[drucifer]

HGV calls it an exchange though

Well, I suppose anything that is different than using your home-week could be characterized as an exchange.

 

[HuskerATL]

Well, I suppose anything that is different than using your home-week could be characterized as an exchange.

That is true but in HGVC you are exchanging your week for something else but they are all in the same HGVC "network" so they balance out. I was thinking that Max was more like II, RCI, etc

 

[drucifer]

That is true but in HGVC you are exchanging your week for something else but they are all in the same HGVC "network" so they balance out. I was thinking that Max was more like II, RCI, etc

By hook or crook, they all balance out. I went to Scotland and balanced you out a bit, for example. Whether we are looking at different unit types on a property, or different properties within a system, or different systems that are interconnected, it's all about balancing what's available with what the demands are. I don't see much unique in making the distinction between these three types of "balancing" scenarios.

 

[HuskerATL]

By hook or crook, they all balance out. I went to Scotland and balanced you out a bit, for example. Whether we are looking at different unit types on a property, or different properties within a system, or different systems that are interconnected, it's all about balancing what's available with what the demands are. I don't see much unique in making the distinction between these three types of "balancing" scenarios.

I think it will really affect the 6 month window though

 

[GT75]

I think it will really affect the 6 month window though

You are making an assumption that HVC/DRI owners want to book HGVC resorts.

 

[HuskerATL]

You are making an assumption that HVC/DRI owners want to book HGVC resorts.

You are correct and maybe it is my snobbery thinking that...

 

[Jim.Rat]

I am unclear on exactly how Max works. If you buy into Max (from either HGVC or DRI/BG) are all your legacy points available to use in the other system at 6 months or only the Max points you buy? I thought there was a separate accounting of Max points from Legacy points?

 

[Clifbell]

I am unclear on exactly how Max works. If you buy into Max (from either HGVC or DRI/BG) are all your legacy points available to use in the other system at 6 months or only the Max points you buy? I thought there was a separate accounting of Max points from Legacy points?

All points are eligible at the 6 month window including Legacy and points purchased to join Max.

 

[HuskerATL]

I am unclear on exactly how Max works. If you buy into Max (from either HGVC or DRI/BG) are all your legacy points available to use in the other system at 6 months or only the Max points you buy? I thought there was a separate accounting of Max points from Legacy points?

There aren't any "Max" points. When you join Max, all your points will be usable at the 6 month point in the other side. The only difference the type of points make is where they are Max Tier level qualifying points so resale points may not count toward your Max Tier level but they would be usable.

 

[Jim.Rat]

So, it would seem that they would need to keep a balance on DRI/BG Max available points vs. HGVC Max available points so one side or the other doesn't skew demand on one side if this an open reservation system (not an exchange). If not, this could lead to the "devaluing" legacy owners position at 6 months, the concern Husker pointed out (especially if HGVC > DRI/BG). This assumes someone would be opting into Max to move points to the other system. I understand that all new retail purchases are automatically in the Max system as well, which would also factor in.

 

[drucifer]

So, it would seem that they would need to keep a balance on DRI/BG Max available points vs. HGVC Max available points so one side or the other doesn't skew demand on one side if this an open reservation system (not an exchange). If not, this could lead to the "devaluing" legacy owners position at 6 months, the concern Husker pointed out (especially if HGVC > DRI/BG). This assumes someone would be opting into Max to move points to the other system. I understand that all new retail purchases are automatically in the Max system as well, which would also factor in.

Yes. And the balance between the systems is between Diamond members who might not mind, on average, using more points than they are accustomed to for overall more upscale HGVC units offset by HGVC members who might not mind a mid-market unit, as long as it's in a location they wish to go.
So, in my case, I've stayed a lot at Hampton Inns, Homewoods, and Hilton Gardens, and I'm fine moving mid-market if that suits my purpose. At other times, I've been more of a 5-star customer if the occasion calls for it. I fit right into the Max model as I prioritize location, as long as I'm not at a "Motel 6" level place or some such crap.

 

[GT75]

All points are eligible at the 6 month window including Legacy and points purchased to join Max.

How do you know that?

Look at this thread. I will let you explain why there is a significant difference. You of course can also verify.

Testing the Max Exchange between DRI and HGVC

So, I had a friend pull up the availability at Tuscany Village for December in The Club with HGV Max and then I pulled up the same thing on the HGVC Legacy side and here are the differences. Interestingly, on The Club side, they have 7 night availability for studios but none in HGVC. They only...

tugbbs.com

 

[HuskerATL]

"Motel 6" level place or some such crap

That is the next HGV acquisitions...just trying to fill the whole spectrum of customers and options...

 

[drucifer]

That is the next HGV acquisitions...just trying to fill the whole spectrum of customers and options...

View attachment 83855

I'm dead. I so brought this on myself.

 

[HuskerATL]

I'm dead. I so brought this on myself.

you know I couldn't resist....

 

[Mowogo]

That is the next HGV acquisitions...just trying to fill the whole spectrum of customers and options...

View attachment 83855

HGV launching a brand that accurately reflects the sales experience Since the goal is sales is to screw you.

 

[Clifbell]

How do you know that?

Look at this thread. I will let you explain why there is a significant difference. You of course can also verify.

Testing the Max Exchange between DRI and HGVC

So, I had a friend pull up the availability at Tuscany Village for December in The Club with HGV Max and then I pulled up the same thing on the HGVC Legacy side and here are the differences. Interestingly, on The Club side, they have 7 night availability for studios but none in HGVC. They only...

tugbbs.com

Because I have points that were legacy and points that I bought to join Max... When I do bookings, it doesn't differentiate my points

 

[GT75]

Because I have points that were legacy and points that I bought to join Max... When I do bookings, it doesn't differentiate my points

I thought that we were talking about inventory in HGVC, HVC, and Max. Is inventory the same at 6-month mark in Max?

 

[pfpower]

sorry if I missed it, but do we know when BG properties will be available to book?

 

[dioxide45]

sorry if I missed it, but do we know when BG properties will be available to book?

They won't even close on the transaction till early 2024. So it will be after that. Probably another 9-18 months beyond the deal closing. But that is just a guess.