West 57th Street by Hilton Club EOY contracts

[marmite]

I am trying to learn about the options for buying a NYC contract, primarily to get lounge access and open season. I already have cheap Vegas points that I can use to book so really don't want a lot more points.

I thought that perhaps buying an EOY contract for a studio would be the most useful, and also let me take advantage of the unlimited booking option (sorry I don't remember the correct term for it). I am looking at rofr.net and can see there are EOY listed for West 57th, but they're Gold season. Are there EOY Platinum contracts too?

Please chime in if you think there is another NYC location that would have an advantage over West 57th, I will never be booking full weeks. All trips will be about 4 nights.

Thanks!

 

[raddoc]

I am trying to learn about the options for buying a NYC contract, primarily to get lounge access and open season. I already have cheap Vegas points that I can use to book so really don't want a lot more points.

I thought that perhaps buying an EOY contract for a studio would be the most useful, and also let me take advantage of the unlimited booking option (sorry I don't remember the correct term for it). I am looking at rofr.net and can see there are EOY listed for West 57th, but they're Gold season. Are there EOY Platinum contracts too?

Please chime in if you think there is another NYC location that would have an advantage over West 57th, I will never be booking full weeks. All trips will be about 4 nights.

Thanks!

I was also looking for an EOY platinum studio at W57 as my first entry into HGVC. They exist but are few and far between. I ended up seeing an EOY platinum deed on eBay months after I had already bought an annual deed, it closed for higher than the asking price of an annual deed.

 

[alwysonvac]

Just a heads up...
Once they started selling in NYC again, open season rates were adjusted to make it more attractive to potential buyers (see 2023 rate compared to 2018 rate below)
Expect a jump in open season rates once they reach their sales goal for NY.

2023 Open Season Rate

2018 Open Season Rate (link)

​

 

[marmite]

Just a heads up...
Once they started selling in NYC again, open season rates were adjusted to make it more attractive to potential buyers (see 2023 rate compared to 2018 rate below)
Expect a jump in open season rates once they reach their sales goal for NY.

2023 Open Season Rate

View attachment 85145​

2018 Open Season Rate (link)

​

View attachment 85144​

The 2018 chart looks truly terrible, comparing to what the rates are now. It is interesting though that the M-TH and weekend open season rates were the same (for 2018 plat season). Thanks for bringing that to my attention.

 

[Nomad420]

Just a heads up...
Once they started selling in NYC again, open season rates were adjusted to make it more attractive to potential buyers (see 2023 rate compared to 2018 rate below)
Expect a jump in open season rates once they reach their sales goal for NY.

2023 Open Season Rate

View attachment 85145​

2018 Open Season Rate (link)

​

View attachment 85144​

I notice they list an open season weekly rate, my understanding is that it is still hard to get more than even two consecutive days during open season, is this still true?

 

[CalGalTraveler]

It will get worse with Max owners taking leftovers within 6 mos.

 

[alwysonvac]

I notice they list an open season weekly rate, my understanding is that it is still hard to get more than even two consecutive days during open season, is this still true?

Open Season should be similar to other HGVC locations during peak travel periods (extremely limited or no availability).

With the two latest additions in NYC (Quin and Central at 5th), there should be an increase in availability during the lower travel demand periods. Especially since the two latest additions in NYC have similar point requirements and are available earlier than West 57th (89 days prior to checkout vs 59 days prior to checkout).
NOTE: HGVC may deposit weeks they were unable to rent. As a result, owners should check for last minute availability within the Open Season window.

For example, here's what I currently see for Club Season. Since it's a low demand travel period, these full weeks should be available via Open Season to West 57th owners.

 

[Eric B]

It will get worse with Max owners taking leftovers within 6 mos.

The Max window for bHC resorts with short (59 or 89 day) Club windows matches the Club windows.

Open Season should be similar to other HGVC locations during peak travel periods (extremely limited or no availability).

With the two latest additions in NYC (Quin and Central at 5th), there should be an increase in availability during the lower travel demand periods. Especially since the two latest additions in NYC have similar point requirements and are available earlier than West 57th (89 days prior to checkout vs 59 days prior to checkout).
NOTE: HGVC may deposit weeks they were unable to rent. As a result, owners should check for last minute availability within the Open Season window.

For example, here's what I currently see for Club Season. Since it's a low demand travel period, these full weeks should be available via Open Season to West 57th owners.

View attachment 85226

View attachment 85227

View attachment 85229

In addition to the earlier Club windows, there is a 15 day Hilton Club priority window between some. Both of these are subject to change as the resorts sell out—my guess is that will be the case as there is no fundamentally different business case for the NYC ones as compared to W 57th. W 57th does have the short stay fee for room turnover for 3 nights or less as they don’t provide nightly housekeeping, too.

Just a heads up...
Once they started selling in NYC again, open season rates were adjusted to make it more attractive to potential buyers (see 2023 rate compared to 2018 rate below)
Expect a jump in open season rates once they reach their sales goal for NY.

2023 Open Season Rate

View attachment 85145​

2018 Open Season Rate (link)

​

View attachment 85144​

It’s also interesting that it was a 15 day OS window in 2018. I’m not sure I would link the change in the rates that closely with sales, though. There has to be some influence on the pricing of what income can be made by renting the units out on Hilton.com rather than via OS to owners.

 

[alwysonvac]

It’s also interesting that it was a 15 day OS window in 2018. I’m not sure I would link the change in the rates that closely with sales, though. There has to be some influence on the pricing of what income can be made by renting the units out on Hilton.com rather than via OS to owners.

Sorry, based on the history, I have to disagree.
Below is an old table I created to show the upward trend after the significant OS increases in 2015 (which was followed by the member backlash and OS adjustments in 2015).

Based on my tables below, at West 57,

• the significant increases (21% to 96%) actually began as we entered 2017
• the significant decreases (-33% to -54%) was noted below started as we entered 2020 which is when Quin and Central's point charts were added.

Here are the links to the Club Member Guide (before and after Quin and Central at 5th was added).
2019 Club Reference Guide (link)
2020 Club Reference Guide (link)

Regarding the table below.:
In 2015, HGVC had a separate Open Season chart for NY. The remaining locations used a single default table (gray shaded cells)
In 2016, HGVC created separate Open Season charts for FL, LV, HI, NY. The remaining locations used a single default table (gray shaded cells)
In 2017, HGVC created separate Open Season charts for FL, LV, HI, NY, SC, DC. The remaining locations used a single default table
In 2018 and beyond, HGVC created separate Open Season charts for each individual resort.
Yellow highlights show the significant increases.

2015 was the year HGVC substantially raised Open Season rates and then reduced them after protest.
Here's what I have. It includes both the original Open Season rate and the revised Open Season rate (dated 010715).

For those who don't know the history and why you shouldn't buy HGVC for Open Season rates
- https://tugbbs.com/forums/index.php...k-action-we-stood-together-hgvc-acted.221714/
- https://tugbbs.com/forums/index.php...ke-action-stand-together-and-be-heard.221136/
- https://tugbbs.com/forums/index.php?threads/open-season-rates-no-longer-a-good-deal.220231/

 

[GMan82]

It will get worse with Max owners taking leftovers within 6 mos.

Is this true? I thought the Max window for NYC properties was more restrictive than the regular Club window. I don’t think Max can book at W. 57th at 6 months.

Never mind. I saw the later response from Eric B.

 

[drucifer]

It will get worse with Max owners taking leftovers within 6 mos.

Well....at W57, it would be 60 days at the earliest.

 

[CalGalTraveler]

Correct. But my point is that there are now more owners taking advantage of club reservations.