My husband then got very upset and said, why didnt they offer this to begin with.? Hyatt didn't buy a hotel portfolio, they bought a tour and travel agent company. We just spent a week at Beachwoods Resort in Kitty Hawk, NC. But sometime down the road, the two clubs are likely to be combined under one roof named Hilton with all the brand-name benefits that Hilton Grand Vacations (HGV) already provides existing owners. "Our plans are to re-brand Diamond properties to a new sub-brand of HGV, which will be called Hilton Vacation Club," said a spokesperson for HGV. Click the following link if youre looking for Hilton Grand Vacations resales. Each Four or Five Diamond-rated resort had to undergo inspections to meet high standards in . Secrets Mallorca Villamil Resort & Spa now joins the Hyatt portfolio, SUNSHINE STATE SEES STARS: The Michelin Guide comes to Florida, SHANGHAI DISNEY SUDDENLY SHUT OVER COVID CASE. -Zoetry: luxury that kids can stay at but targeted to adults-only Beautiful white sand, sparkling blue waters, sunny skies where else can you find all of this but in Saint Martin/Saint Maarten in the Caribbean? This is huge for Hyatt leisure travellers, espcially those with families. Well Im not playing along. A friend recently stayed there and by her Snapchats and Instagram stories, it looked extremely upscale. Hyatt has completed its acquisition of Apple Leisure Group (ALG), which is a resort-management services, travel, and hospitality group. The deal dramatically expands Chicago-based Hyatts offerings in Mexico and the Caribbean. Is it even worth paying for it or letting it go, the maintenance fees is no joke. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. These all-inclusives also compete directly with the cruise industry, which may take years to return to it's previous dominance, so I think it makes great financial sense for Hyatt to make this move. I planned to use the reminder of my Choice points for booking one of those properties in Mexico or Jamaica. Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. Think of it this way, before yesterday Hyatt had 100 less properties than they do today. This will be complicated! and if we did not our $400+ month maintenance fees would increase to $1,000 in January. The lower level properties will also be great for attracting younger families into Hyatt. Just got back from an unlimited luxury stay at Secrets Maroma (seemed like a good burn of sapphire points, last-min getaway). I'm thoroughly pissed off at HGVC. I agree with everyone that they are going to try to squeeze us out, but one thing we all have are % deeds in those proprieties, I don't see how they can sell them, if we own them? They do not have anything listed that tells you all of the fees you will pay for every type of transaction you will make but they want you to agree to it and opt In. I would join the class action lawsuit. Many people love their Ziva/Zilara all inclusive resorts. If you do a Class Action or anything to get our money back please let me know. As a result, Hyatt now offers one of the largest collections of luxury all-inclusive resorts in the world, including new destinations for Hyatt such as Acapulco, Curaao, the Canary Islands, Menorca, and St. Martin. The high-end of the pricing of what I'm seeing in some destinations is a Planet Hollywood property that's all-inclusive. What a lousy letdown - the place was anything but relaxing but instead, an adult day care with cheap and cheesy amenities to say the least. Just book by specific location. Or it is simply equal to $157.85 per monthly to keep my membership. I have stayed at several Hyatt Ziva's and had wonderful experiences (especially the Hyatt Ziva Cap Cana). Scottsdale Villa Mirage offers the ideal desert retreat with fully-equipped accommodations that feature a kitchen, fireplace and in-room washer and dryer. Distinctive Hilton service. The resort is set on more than 600 acres and includes condo-style accommodations with full kitchens, living rooms, dining rooms and bathrooms. In late 2021 and 2022, the bigger-than-ever Hilton Vacation Club will then include 154 resorts and 720,000 owners with a global footprint that offers travel to mid-level, upscale and luxury resorts. While I love traveling to Europe and get very excited when Hyatt adds hotels in Italy or France, getting a long list of high quality all inclusive resorts available for points would get most Hyatt members excited. What is this transition going to mean for me in regards to my annual maintenance taxes and banked weeks. After I got upset and said it criminal my sales associate disappeared, and he manager offered us the same membership for 30k . Hyatt has been a travel agent friendly brand and now they just bought access to all those travel agents selling leisure travel through ALG. They bought a whole new business model. ALGs AMResorts is the largest portfolio of luxury all-inclusive resorts in the Americas, with well-known high-end brands SecretsResorts & Spa, DreamsResorts & Spas, BreathlessResorts & Spas and ZotryWellness & Spa Resorts, as well as AluaHotels & Resorts, which is expanding quickly in Europe. If the past acquisitions by Hyatt are any indication, this translates to 100+ more Category 7 or 8 properties that Ill never stay at. Expansive Residential-Style Retreats Book Today, Plan Your Stay Hyatt Residence Club San Antonio, Wild Oak Ranch View Resort Details Need a Vacation? Are you looking at the right group, Ben? We attended the presentation by HGV last night in Chandler AZ to learn how the acquisition would affect our interests - we expected a diminuation of our points but no way did we expect Hilton to expect us to pay $60,000 to bring us into the Hilton family - for our timeshare we have owned for nearly 30 years!!! I wasn't a fan either of all inclusives. I agree with your sentiments, very little to appeal to me. The ultra-luxury all-inclusive Dreams Resorts chain is coming under the Hyatt banner. For example, if you own a 1 Bedroom Grand at Elara in Gold season, you would have previously received 5,000 ClubPoints annually. There has to be something we can do legally. We also recently attended an update after being told the same thing - we had to invest another $20K+ to be a part of HGV. My maintenance fees would go up an additional $870 3. Any ideas from anyone on how to let this timeshare go? I was forced to go to Las Vegas (or else I would have to pay for the room which is 1000 dollars. Compare the cost in points or miles to cash, and see which option is best. The deal has an announced purchase price of $480 million with the potential for an additional $120 million based on the final terms. They only take Hilton Honors Points and refuse our HGVC owner club points. Outside of banner ads published through the Boarding Area network, this compensation does not impact how and where products appear on this site. Meanwhile, WoH members dont see a reasonable benefit imho. Both Hilton and Diamond are trying to screw the owners out of another $20K. Adding this with my initial investment this is crazy. The HGV Max program will fail. Their footprint in Europe is still minuscule. A few thoughts: Hyatt has completed its acquisition of Apple Leisure Group, which is Hyatts biggest acquisition yet. In 2009, 63% of Hyatts earnings came from owned and leased properties, with fee-based earnings making up the remaining 37%. Time to travel again, or take a different kind of vacation? The ultra-luxury all-inclusive Dreams Resorts chain is coming under the Hyatt banner. The costs for employing a closing company for holding escrow, performing title search, rewriting the deed, recording the deed and executing resort specific transfer documents. Option 3, was buy an extra 4500 points for $20K to be grandfathered into the unknown HGV plan. By the way, your comment about CheapCarribean.com shows you ignorance. By the way, your comment about CheapCarribean.com shows you ignorance. Best, Donna. LEARN MORE. All the paperwork is under Diamond but she keep saying that we where Hilton. 4 Days/3 Nights. What this means for current DRI i.e. Test your swing on one of the many nearby golf courses, soak up the seemingly endless sunshine or discover what makes Scottsdale an iconic desert destination. Check back for the latest news on the World of Hyatt expansion. So option 3 was the only viable option at the time for me. I'd go there in a heartbeat on points if I could. Increase in Brand value and footprint, yes! The resort is set on more than 600 acres and includes condo-style accommodations with full kitchens, living rooms, dining rooms and bathrooms. What's the big picture impact of this transaction and, more importantly, what does it mean for owners of both timeshare companies? Thanks for the comments - I just went to the "update meeting about the merger" tonight (9/29/22) - .it was just a sales pitch like all of you said below. I got a call from a Diamond person asking me to buy more points so I could opt into HGV max as a premier plus member. Totally agree. The customer is still right, and we still have choices. So I went, and found out that I was actually signing another contract to join Hilton Grand Vacations, I did not know this at the time. Now that HGV purchased Diamond we are being told by their sales staff that we now have to upgrade to Hilton HGV Max by paying an additional $20k in order to access to Hilton properties are else we will be only limited to Diamond's diminishing properties under their US collection. Will Americans New York To Doha Route Survive? I have kids, I'm a globalist, and we love all-inclusives in the Caribbean, so this is an ideal acquisition for customers like me. As a result, Hyatt now offers one of the largest collections of luxury all-inclusive resorts in the world, including new . People generally love Hyatt but say they lack the number of hotels in comparison to Marriot, Hilton and IHG. I believe Hilton has screwed all of its current club members!!! As Diamond owner, we were told today if we do not spend about $20,000 to move to Hilton we could loose most resorts be were promised when buying! Its typical big business take over bs and its the equivalent of Elon musk coming to your home and showing you a video of how great Teslas are and encouraging you to test drive one then as soon as you do, confiscating the car you already own and paid for, and making you buy the Tesla or just sit in the driveway because they took out your engine. The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered. I hope i have a chance bases on the fact that I do not fit the creteria. We also went to the presentation because nothing in the account said Hilton. According to Diamond CEO Mike Flaskey, HGV will also incorporate Diamond's "events and concerts platform" to deliver expanded vacation opportunities to owners. Tucked on the foothills of the Great Smoky Mountains, Bent Creek Golf Village provides a relaxing retreat in Gatlinburg, Tennessee. they were pissed!! It's proven its resiliency and durability, said Mark Hoplamazian, president and CEO of Hyatt, on an investor call this morning. Until check out time, and the woman assigned to this part was very clear and forthcoming when she went over the entire sale, which was NOT how it was presented to us. Looking forward to seeing what Hyatt does here. I am excited to see how all of this unfolds. At which point, we backed out of the deal. This answer was provided by RedWeek contributor, Jeff Weir. This is $138.46 per week and points start balancing out to a week. All-Inclusive is meh, but these are not luxury hotels. It is hard to trust anyone now.. Like all of you, I was cohersted into signing the contract. I was told that there would be a fee associated with opting in--more points--who knows? Why are diamond fees more than double that? Gonzalo del Pen, Group President, AMResorts Americas & Global Commercial, said the merger will allow the company to offer more options to guests and realize expanded growth potential. Javier - that is my question as well. Try calling any of the other numbers and getting a number for that departmentit is non-existent and no one will give it to you or if they do it's an invalid number. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. So in other words, Hilton acquired diamond to take all its resorts to feed to their members, while locking diamond owners out of them, and forcing all the diamond owners to buy their more expensive project. I have no experience with this but I thought they had issues in the past.maybe it was Sandals after all and not Secrets. Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. I own properties in both Hilton (Las Vegas) and Diamond (LakeTahoe). I have the same situation as Lorna posted in the previous comment. The real question is, will Hyatt be entering this market as a player or will they remain in the hotel business and break up ALG to pieces. We are Diamond Gold, Hilton told us last week at the Las Vegas Polo Towers that only 10% of Diamond owners have not upgraded to Max, (I bet not) they offered us $14,900 to upgrade, $1,600 down and $300 a month for 10 years.) Well just before year end an offer came in and it was very low. We were told that, if we didnt upgrade to HGVC, wed be left with shrinking inventory and rising maintenance fees. @ Christian -- Did they, that's interesting, as I don't think I've heard that before? Shameful! OR the sales staff is just using a high pressure scare tactic! And now HGV has made the biggest adjustment of all, buying Diamond, the largest independent timeshare company, to its portfolio. We would like to sell all of this within the next two years but where and how? What will Hyatt do with the non-property assets. Our current maintenance fees for the gold level our $6500. Full disclosure: the author of this Ask RedWeek is a longtime owner at Diamond Resorts. Check here before booking an award fare. We got suckered into these timeshares as well. Leisure travel has recovered more quickly than business travel. They do use other sales offices, you just cant do it. They tell me I must decide by December 6th but cannot reach a dang soul. We are new to this and I have no clue what to do. We told them we'd think about it, and they said the offer was only good for today. In addition, Hyatt is offering more options and experiences for its high-end guest and customer base and enhancing the end-to-end leisure travel experience through: Unlimited Vacation Club by AMR Collection, an exclusive membership club whose members enjoy preferred rates and other benefits at participating AMR Collection properties, ALG Vacations, one of the largest packaged vacation providers and leisure travel distribution platforms in North America serving the United States, Mexico, and the Caribbean, and, Amstar, a leading destination services management company Trisept Solutions, a unique leisure travel technology platform. The presentation is just a sales pitch so they can get paid. The pandemic gave all major travel companies, including timeshares, a yearlong timeout to recalibrate for travel to resume. For others, its probably quite a bit less exciting. Would absolutely love if they bought it but not sure I would want it to be rebranded to Canopy. Im sad to say that we feel betrayed by Diamond Resorts and Hilton. At adults-only Secrets Resorts and family-friendly Dreams Resorts, rooms average $300 and $225 a night, respectively. Ive barely looked it over but am already excited about the top level eco brand available on Isles Mujares near Cancun and nice looking property near Tulum. I can understand not being thrilled about Dreams or Sunscape, but Zotry, Secrets, and Breathless Ive heard very good things about, and all appear to be quite swank. Nothing good will come from it for those of us that own with paid off memberships. Ben's "meh" headline was kinda "meh". This integration is now almost complete. Does anyone know? We travel to explore new places, eat delicious local foods and explore, all of these are generally harder with all-inclusive properties. ALG has now been purchased for $2.7 billion in cash from KKR and KSL Capital Partners. So my total to walk away would be $18K. Didn't Secrete continually have issues with this? Strategic Indeed, was it right or wrong only time will tell. While we do try to list all the best miles and points deals, the site does not include all card companies or credit card offers available in the marketplace. Presentations will tell members that they have to buy in to use the Hilton properties and benefits and at huge prices.
