In addition to being an avid timeshare owner, I also am very involved with various hotel points and frequent flyer miles. Hotel points and frequent flyer miles are essential to have in your travel arsenal if you want to travel for free or at least open up destinations that you would not travel to due to the exorbitant costs.
I have shared some basic strategies to get hotel and frequent flyer miles but there are plenty of other interesting and unique ways to get them and use them to travel for free or close to free.
Most of the major timeshare brands offer the ability to convert your timeshare points into their hotel loyalty points. Since the Hyatt Residence Club just came out with their 2017 chart, I thought I would start by assessing their conversions.
As shown in the chart above, Hyatt owners has the ability to convert their timeshare week into Hyatt Gold Passport points. These points can be used in various Hyatt hotels around the world. Hyatt has recently announced a material change to their loyalty program and it will now be called the World of Hyatt as of March 1, 2017.
There are some significant changes to the program but the redemption values has stayed the same for the time being.
Per the chart, owners of Fixed Weeks and owners of Floating Weeks have different values assessed. The amount of Hyatt Gold Passport Points given will depend on the season of ownership and the size of the unit.
For example, owners of a 2 bedroom unit in a Gold Season have the opportunity to exchange their 1,880 Hyatt Residence Club points to 77,000 Hyatt Gold Passport points.
I put together the chart below to access the various conversion rates from Hyatt Residence Club to Hyatt Gold Passport.
As you can see, the amounts vary but are generally around 1 Hyatt Residence Club point converts into 40 Hyatt Gold Passport Points.
Also, you should note that owners of Mountain weeks are not given the ability to convert. This is most likely due to the low values associated with those weeks.
Hyatt Gold Passport Points are fantastic! They can be extremely valuable if you know how to maximize their value.
In regards to the stated conversion rates, it is almost certainly a horrendous deal. For example, if you own a Studio unit in Diamond Season, you are able to reserve one week in a studio at various Hyatt Residence Clubs during prime seasons. If you convert to Hyatt Gold Passport Points, you are given 30,000 points which can give you six (6) nights in many category 1 Hyatt Place’s (lowest tier) or 1 night in a Category 7 hotel (highest tier). While some Hyatt Place's are nice, category 1 Hyatt Places are generally airport hotels, small towns or not in highly trafficed tourist destinations.
Additionally, back in September, Hyatt formalized the ability to redeem Hyatt Gold Passport Points into Hyatt Residence Club properties. If you converted your Diamond Studio week (7 nights) and wanted to convert back into a Hyatt Residence Club property using Hyatt Gold Passport Points, (not sure why you do this) you would only be able to stay 1 or 2 nights, depending on the property.
The nightly point requirements for Hyatt Residence Club properties are below.
Overall, converting you Hyatt Residence Club points to Hyatt Gold Passport points is a horrendous deal. It will generally make no sense to do if you wanted to maximize their value.
I think that the Hyatt Residence Club offers the conversion to provide more flexibility since it opens up a vast amount of additional properties and gives the allure of opening up more destinations. However, it does not make a lot of economic sense.
There are tons of additional ways to earn Hyatt Gold Passport Points. Hyatt is a transfer partner with Chase Ultimate Rewards so there are many ways to get Hyatt Gold Passport points through credit card signup bonuses, everyday spend with credit cards or various other offers. If you want a good review of how to earn tons of Hyatt Gold Passport Points, I would start here: upgradedpoints.com/how-to-earn-hyatt-gold-points/
I highly discourage any conversions from Hyatt Residence Club points to Hyatt Gold Passport points. There are much better ways to use your Hyatt Residence Club points.
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