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Fried_shrimp

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As far as I know, you can keep your DRI the same as if there is no merging. You can do the same as you always do. You may required to do something if you want to exchange into HGV that is just optional.

This is the part that has not been guaranteed yet. If this is guaranteed I will have no problem writing my maint fee checks to Hilton.
 

ccwu

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This is the part that has not been guaranteed yet. If this is guaranteed I will have no problem writing my maint fee checks to Hilton.

I think you just still pay DRI MF. DRI do the same managing their own members as HGV manage HGV. It will be years before they figure out if their members want to exchange for each other’s thru their club exchange system. It is not like DRI took over Sunterra. HGV did not took over DRI. DRI still have 28% of the ownership of the combined equity.


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dougp26364

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This is the part that has not been guaranteed yet. If this is guaranteed I will have no problem writing my maint fee checks to Hilton.

Keep in mind, with any timeshare ownership, be it a deeded fixed week, floating deeded week or trust ownership, you are ONLY guaranteed what is in writing. For the most part usage of your week or usage within the trust you own.

As a for instance, we bought what was a fixed week/fixed unit at Polo Towers in 1998 as our very first timeshare. Initially we were allowed to “float” the week. That privilege wasn’t in the contract. After the first several years they reverted to what was in writing and we were locked in to using week 13, tower 2 unless we deposited and exchanged back in through. II.

It doesn’t matter who manages, DRI or Hilton. What matters is what’s in the contract.

for the most part your fear is unwarranted. Benefits expand (for a price) and rarely ever contract.
 
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Fried_shrimp

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Keep in mind, with any timeshare ownership, be it a deeded fixed week, floating deeded week or trust ownership, you are ONLY guaranteed what is in writing. For the most part usage of your week or usage within the trust you own.

As a for instance, we bought what was a fixed week/fixed unit at Polo Towers in 1998 as our very first timeshare. Initially we were allowed to “float” the week. That privilege wasn’t in the contract. After the first several years they reverted to what was in writing and we were locked in to using week 13, tower 2 unless we deposited and exchanged back in through. II.

It doesn’t matter who manages, DRI or Hilton. What matters is what’s in the contract.

for the most part your fear is unwarranted. Benefits expand (for a price) and rarely ever contract.

I don't see Diamond's rules for exchanging to be a "benefit", it was a way of life. Early check in, upgrades (free or cheap), free protection plan, etc.... are benefits based on status. Exchange rules have been in place since inception and are the same for everyone, in every trust, for every status. Exchange rules are also not on the list of Diamond benefits. Granted, I have not actually read the Trust documents and even those can be modified as seen with the sale of some resorts that were in the EU Collection, but we're talking about a completely different way of doing business, not a change in benefits. You stated yourself that you purchased a fixed week at Polo Towers and therefore you knew (should have known) that by being allowed to float it was something you should not be allowed to do but they let you do it anyway (for a time) so to me, floating your week wasn't even a benefit. It's just something that was allowed for whatever reason and then stopped because it wasn't supposed to be allowed. Our rules have been printed in all of the books Diamond has ever published on how to book units and no one was doing something that they really shouldn't be doing but was allowed to do so your example really has no bearing here.

If you were sitting on this side of the fence, you would not consider OUR fears (this is not just a problem associated with me) to be unwarranted. For HGVC owners, they only see the upside of having more places to go. For Diamond owners, we only see the downside of possibly having to change our way of life in how we book and are the extra fees worth keeping what we own? There really is no upside for us.
 

travelplus

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HGVC agrees to purchase DRI for 1.5 billion! I hope you all are happy with the change and it works out that you get to use our system. I love the locations of your system!

Not only is Diamond Resorts and Hilton under Apollo we now have the Venetian and Palazzio and the Las Vegas Sands Convention Center among other Sands Corp properties acquired by Apollo. Would be cool to be able to stay at these resorts!
 

CalGalTraveler

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Not only is Diamond Resorts and Hilton under Apollo we now have the Venetian and Palazzio and the Las Vegas Sands Convention Center among other Sands Corp properties acquired by Apollo. Would be cool to be able to stay at these resorts!

Apollo owns 28%. HGVC is backed by Blackstone and many of Blackstone Sr management are on the board of Hilton Hotels and are (or formerly on) HGVC. Deals may be done between these PE giants but it may not be what you think. These properties could become hotels under the Hilton brand.
 

dayooper

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Not only is Diamond Resorts and Hilton under Apollo we now have the Venetian and Palazzio and the Las Vegas Sands Convention Center among other Sands Corp properties acquired by Apollo. Would be cool to be able to stay at these resorts!

Hmmm . . . Apollo will own 28% of HGVC. Not sure if Apollo buying the Vegas resorts will connect them to Hilton as HGVC only "leases" the name from Hilton Hotels. HGVC was spun off from Hilton Hotels a couple of years ago.

Apollo owns 28%. HGVC is backed by Blackstone and many of Blackstone Sr management are on the board of Hilton Hotels and are (or formerly on) HGVC. Deals may be done between these PE giants but it may not be what you think. These properties could become hotels under the Hilton brand.

Hilton is supplying three of their brands (Hilton, Conrad and Crockfords) for the new Resorts World Las Vegas Casino resort. Hopefully it will bring about much needed activity to the North End of the Strip. With The Drew (former FontainBleu) being sold, hopefully the new owners will finish construction and open it up. With Circus Circus and The Sands as the only big resorts on the North end, the new projects would be great.

 
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