Maximize Timeshare Ownership
The Hyatt Residence Club has just released a new version of its Points Chart. I have updated chart in the Hyatt Residence Club guide found here.
The charts are cumbersome to fully grasp but after some close review, there are some material changes in these charts.
The Hyatt Residence Club has added and subtracted some resorts on the chart. You can no longer book at the Blue: The Hyatt Residences located in Miami, Florida.
The chart now includes the Hyatt Escala Lodge at Park City and Hyatt's newest addition to the Hyatt Residence Club portfolio, the Hyatt Ka'anapali Beach in Maui, Hawaii. This is a stellar property and definitely worth a visit. Unfortunately, Hyatt has chosen that ALL 52 weeks of this property is considered Diamond season so all weeks will require a lot of points.
Since this is the newest property, there is limited availability since most owners are using their purchased weeks. I would anticipate that this will change over the years. If you are interested in exchanging into this property, I have seen a few weeks becomes available and have also seen a few Interval International Getaways show up.
The largest change to this award chart is actually found in the season designations for the properties in Key West, Florida and Bonita Springs, Florida. Hyatt has the ability to change designated weeks from season to season as well as change the number of points allocated per week. The rules allow them to manipulate these values at their discretion.
First, the three properties in Key West, Florida are as follows: Hyatt Beach House, Hyatt Sunset Harbor and Hyatt Windward Pointe.
Hyatt has vastly changed what weeks qualify as Diamond, Platinum, Gold and Silver and Bronze. As such, the point values associated with each week has increased.
The new charts show the following:
Weeks 1-17, 51, 52 are Diamond.
Weeks 18-21, 23-30, 44 and 47 are Platinum.
Weeks 22, 31, 40-43, 45-46, 47-50 are Gold
Weeks 32-35 and 39 are Silver
Weeks 36-38 are Bronze.
Based on this change, owners who own the following weeks have experienced a bump in the value of their week!
With the exception of week 7, owners who owned weeks 1-17 now are considered Diamond! As per the previous chart, these owners were previously considered Silver, Gold or Platinum.
For example, an owner who owned a 2 bedroom unit for week 4 at the Hyatt Beach House previously held a Gold week that was valued at 1,880 points. With the new chart, this owner is now a Diamond week owner and their week is valued at 2,200 points.
For a lot of Key West owners, previously owned Bronze weeks are now considered Platinum weeks.
Owners of the following weeks have experienced a tremendous jump in the allocated points:
Weeks, 5, 6, 8 and 9 have all gone from Platinum to Diamond. This means that previous allocated points for a 2 bedroom unit has went from 2,000 points to 2,200!
Weeks, 1, 2, 3, 4, 10, 11, 12, 13, 14, 15, and 16 have all gone from Gold to Diamond. This means that previous allocated points for a 2 bedroom unit has went from 1,880 points to 2,200!
Weeks, 17 has all gone from Silver to Diamond. This means that previous allocated points for a 2 bedroom unit has went from 1400 points to 2,200!
Weeks, 21, 23, 24, 44 and 47 have all gone from Bronze to Platinum. This means that previous allocated points for a 2 bedroom unit has went from 1,300 points to 2,000!
This is a monumental switch in allocations. If you are lucky enough to own one of these changed weeks, this represents a tremendous bump in value and opens up exchanges to many resorts that were previously unattainable due to the number of points required for the week.
Additionally, there have been some changes to the Hyatt Cocunut Plantation in Bonita Springs, Florida.
The new charts show the following:
Weeks 5-12 and 51-52 are Diamond.
Weeks 3-4 and 13-14 are Platinum.
Weeks 1-2 and 15-17 are Gold
Weeks 18-20, 25-35 and 45-48 are Silver
Weeks 21-24, 36-44 and 49-50 are Bronze
.Weeks, 5, 6, 8, 9, 10, 11 and 12 have all gone from Platinum to Diamond. This means that previous allocated points for a 2 bedroom unit has went from 2,000 points to 2,200!
Here is the new chart for review:
Here is the old chart for reference:
The biggest win are those owners who owned weeks 17, 21, 23, 24, 44 and 47 at any of the Key West Properties. Owners of 2 bedroom units have seen their allocated values jump from 1,400 to 2,200 or 1,300 to 2,000!.
This is a tremendous change in value that actually immensely benefits the Hyatt Residence Club owner who owns these specific weeks. The Hyatt Residence Club owner now has enough points to book a 2 bedroom unit at most of the Hyatt Residence Club properties where they previously did not have enough points.
Additionally, these owners can still exchange through Interval International and can now book a minimum of 4 weeks in a studio unit as opposed to 3 previously.
This was definitely the luck of the draw but I actually own one of these weeks (week 47 at the Hyatt Beach House) which has tremendously increased in points. I am definitely a happy camper as I was just looking to expand my Hyatt ownership!
While these changes are great for owners of these weeks, these changes now require significantly more points to stay in Key West, Florida than originally required.
Please let me know if you have experienced any change in points. Comment below on whether you think this is a positive or negative change.
Also, since this is a very new change, this may present some very unique opportunitites to purchase some of these reslae weeks at a tremendous discount before the new point values are fully ascertained.