This is an update to note that this agreement has now been finalized, and we have more of a sense of when World of Hyatt members can expect to benefit from this. Our current maintenance fees for the gold level our $6500. Due to Hilton also adjusting the Hilton points charts proportionally that determine how many points it takes to make reservations at each resort, the amount of vacation time for each ownership will stay exactly the same. I think a class action will probably come, but still a little early right now, maybe next year. Full disclosure: the author of this Ask RedWeek is a longtime owner at Diamond Resorts. Lasting vacation memories. I don't know if he spoke the truth. ALG has resorts listed in Article secrets, dreams, breathless and more with partners. Experience the all-inclusive, adults-only Hyatt Vivid Hotels & Resorts. Too bad they are so greedy. The long-term success of the acquisition, analysts told us, will depend on HGV's plan to integrate Diamond's mid-level resorts into HGV's high-level resort portfolio while upgrading the overall customer experience of Diamond owners into HGV's culture. -Secrets: luxury adult-only romantic Miles of pristine beaches, tiny island keys and underwater reefs surround the boundaries of this southeastern peninsula providing the quintessential vacation destination where an inland oasis offers high energy adventure with endless amusement parks, entertainment and shopping extravaganzas.A stones throw away from the clear blue waters of the Atlantic, Ocean Beach Club offers a quiet, relaxing atmosphere to come back to at the end of the day. No thanks. For consumers who like all-inclusive properties, this is great news. We were encouraged to attend a presentation and I was interested in hearing about the acquisition, being Diamond owners. I went solo last year to Secrets the Vine in Cancun and ocean skinny dipped with a gay gentleman from Texas and a 60-something lady who was there with a girlfriend. For a full view HGV's position on the acquisition, see this presentation made for investors. They were nice, and told me they would try to sell it. According to Hyatt, the company is currently working to determine how the World of Hyatt program and ALG's . Were platinum members and pay outrageous yearly maintenance fees. Hyatt expects to sell $3.5 billion of hotel real estate over the next three years, including $1.5 billion worth of properties this year. Maybe they see the Covid writing on the wall for cruise lines and know that all-inclusive vacations will appeal to that customer. But it was better than paying to get rid of the money pit! Has anyone sold their Polo towers? Dreams Resorts & Spas T oday Hyatt Hotels Corporation announced that it is buying luxury resorts. For Diamond owners, that should be an upgrade, according to the industry experts who talked to us about Hilton's buyout of Diamond. Hi we just had a sales pitch from HIlton ( we are diamond resort owners since 2005) and they wanted $68k to switch to Hilton max . This will greatly expand Hyatts footprint in the all-inclusive resort market, especially in the Caribbean, Mexico, and Europe. I feel like I was sucker punched during my owner's update. So we took a huge loss basically got $5,000 just to get out of the deed. Makes Hyatt feel less desirable to me. Scottsdale Villa Mirage offers the ideal desert retreat with fully-equipped accommodations that feature a kitchen, fireplace and in-room washer and dryer. Now I'm selling my HGVC property. Had my owner's update in Feb 22. Here are the latest all-inclusive . What's funny is the crooks running this timeshare want $20K from HGVC owners to use Diamond Properties, but then they also want $20K for Diamond owners to use HGVC properties. Hyatt buying Apple Leisure Group for $2.7 billion. I am not going to sign up. Best wishes to all going through this buyout! I thought this was going to be an awesome thing, for Diamond and Hilton to merger, in no way did my naive brain think they were going to CHARGE ME MORE!!! It's a world where, in times of economic crisis, the toughest survive. What will Hyatt do with the non-property assets. As new timeshare products become available, Hilton has hinted at a tight integration between the two vacation clubs. I even have the rep that signed us up on a text (6 months ago) that said she was told there would be no fees for rolling points or transferring to Hilton Honors and yet I am told there are and, she came back yesterday and said well I did not know at the time but there are, sign up anyway. Expansive Residential-Style Retreats Book Today, Plan Your Stay Hyatt Residence Club San Antonio, Wild Oak Ranch View Resort Details Need a Vacation? It was the worst hotel I've stayed at in 10 years. As I said at the time, this acquisition is likely to be quite polarizing, with some consumers being super excited, and others being totally indifferent. I am single. Enjoy spectacular ocean views and our signature Unlimited-Luxury experience.Surrounded by golden sand, extraordinary rock formations, and sapphire blue waters, this fabulous AAA Four Diamond resort offers an ideal setting for couples and honeymooners looking . At the update I was told that I only had 3 choices with the merger. World of Hyatt's top all-inclusive contenders. Secrets, Zoetry & Sunscape properties were bookable using Choice Hotel points for between 40k-60k points per night. we owned deeded weeks 51 and 52 and another 52 , 3 weeks at parkway international resort for the last 32 years and its had several owners, every time they say it needs a major facelift and you know what goes along with that, our money out the window, i cant take it any more, i could have bought a mansion for the money those trumps and trillionaires have raped me for. Maybe they see the Covid writing on the wall for cruise lines and know that all-inclusive vacations will appeal to To play devil's advocate, maybe that's the point? Then when hotel operators decide they're going rogue, there won't be much Hyatt can do about it. ALG manages AMResorts, which includes Alua, Breathless, Dreams, Secrets, Sunscape, and more. The high-end of the pricing of what I'm seeing in some destinations is a Planet Hollywood property that's all-inclusive. ML, Thank you, Jeff, for your analysis. Hyatts acquisition of ALG represents a brand-defining moment in our more than 60-year history and builds on our legacy as a hospitality leader, said Hyatt president and CEO Mark Hoplamazian, president, adding, Hyatt and ALG have highly complementary brand portfolios and share a deep commitment to colleague and guest experiences focused on care. My only question is can we legally do something about this? View Vacation Offers Meet the Family They're our caring colleagues, our friends. This is very exciting as it is going to flip the script. I for one am super-excited about this. 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. Points have to logically work their way back to a fractional ownership. There are no perks to try to urge us into travelling and saving a few bucks- we are gold preferred but prices have gotten so inflated we will never be able to at least try a HYAtt hotel. How can the owners unite and take the power back over from them and get the maintenance fee to where it needs to be? ALG is one of, if not the largest travel industry wholesalers in the world. Secrets Akumal Riviera Maya in Mexico. The Hilton Grand Vacations team initially floated the idea last October of an all-stock acquisition of Diamond Resorts at an equity value of $840 million, according to a recent filing with the. Just book by specific location. I'm looking at you, Waikiki Centric of Cheap Owner. That industry won't be the same for years or decades, these types of hotels will appeal to someone unwilling to get on a cruise ship and risk the Coronavirus-Norovirus roulette but still want that type of vacation. Hyatt Hotels Corporation , headquartered in Chicago , is a leading global hospitality company offering 20 premier brands. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. I was told that there would be a fee associated with opting in--more points--who knows? Didn't Secrete continually have issues with this? This change will begin with the following 5 Diamond Resorts: If youd like to get more information regarding how this integration will affect you on the resale market, please feel free to fill out a contact form. Your feedback is important in helping us keep our community safe. You will never be bored while you are staying here, unless of course you simply want to sit back and do nothing, which you are more than welcome to do. I'll check back later. Hyatt says the following brands are included in the deal: Apple Leisure (or ALG) also sells vacation packages and charters. Now, you can earn and redeem World of Hyatt points at some of them. Having first entered the fast-growing luxury all-inclusive space in 2013, we are ideally positioned to capture the significant and rising demand for leisure travel and extend the world-class hospitality we provide to a wide range of new travelers., The hotel group said, 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., Related: The 50 most popular World of Hyatt redemptions. I need to check on this, and wow the resorts are out of this world amazing and I am glad to spend my initial investment plus $450 annually. Another 24 properties are in the pipeline. But I do recall her saying we would still have access too all of our DRI resorts, as we have in the past. All I said is that I'm personally not excited about this as a consumer, based on my own travel patterns, and that Hyatt is spending a lot of money here. I'm not overly excited about this news but there are probably some interesting hotels hidden in the portfolio in Spain that might come in useful. I am a Diamond silver owner and I just went through a Hilton Update presentation. I told them no as well and asked if I was going to be the trouble child by not paying an additional $16K and joining the HGV program and how would I access trades without the HGV program (you don't do the upgrade, you don't get HGV). Will Americans New York To Doha Route Survive? I was forced to go to Las Vegas (or else I would have to pay for the room which is 1000 dollars. Does anyone know? Need to find attorney to represent Diamond clients, Diamond got a billion dollars in the buy out, we are owners, where is our buy out. The difficulty lies in finding any attorney or attorneys who will take this on. Nothing wrong with that, of course, but if that's the most premium property, and we're calling this an acquisition of "luxury resorts," maybe you can see where my skepticism comes from? Orlando. Recently was told that Diamond properties would be refurbished by Hilton. She keep talking and manipulating the situation. The result, so far: Wyndham Destinations rebranded its entire company to shift towards a travel-club model that offers all travel services, not just reservations at timeshares. ALG also has over a dozen subsidiaries, including Apple Vacations, CheapCaribbean.com, Southwest Vacations, United Vacations, Unlimited Vacation Club, and more. Time to travel again, or take a different kind of vacation? And, he added, Id like to reiterate that this announcement will have no impact on how we do business with you. The high-end of the pricing of what I'm seeing in some destinations is a Planet Hollywood property that's all-inclusive. For example, if you own a 1 Bedroom Grand at Elara in Gold season, you would have previously received 5,000 ClubPoints annually. I stayed at Zotry Paraiso de la Bonita Riviera Maya last May. By 2019, the split had shifted to 57% fee-based earnings. 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. Supposedly HGV Max is to launch today (10/5/22). document.getElementById( "ak_js" ).setAttribute( "value", ( new Date() ).getTime() ); I am disappointed because the UVC I joined many years ago gave my husband and I affordable travel-not so much anymore as many of the hotels I visited have not stayed in the group and HYatt is so high end that we cannot afford to visit as often as we like. I have no intention of joining HGV. I would hope Hilton is large enough they are not trying to do this to previous owners. We are Gold members of Diamond and made the horrible mistake of paying the fees to to include Hilton HGVC. It was terrible stay, very slow service and seems unable to live up to 4 or 5 star reputation. I am a Diamond owner at Polo Towers, week 52, 2 bedroom 2 bath. ALG is continuing to operatevery similarly to the way it did before the combination. Hyatt has been a travel agent friendly brand and now they just bought access to all those travel agents selling leisure travel through ALG. No one will buy something they should get for free. Its recommended to use a Licensed, Bonded, and Insured closing company. So I decided rather than just giving our HGV property back for $0.00, I would try going through HGV resale. Really opened my eyes into this segment of resorts (aside from The Excellence, which was very solid - Ive never tried AM) - even with Hyatts management, I will steer clear. Most helpful comments ( as chosen by the OMAAT community ). We did our presentation this morning. Short term, both companies will remain separate entities while their management teams figure out how to consolidate them into the world's #2 timeshare company, right behind #1 Wyndham Destinations and just ahead of #3 Marriott Vacations. 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? We don't travel as much and our financial situation has changed. your thoughts? I agree that this acquisition is not exciting to me. In biblical terms, hire a David to slay these Goliaths who don't care about consumers. I love Motel1 in Europe and they have been expanding at a fast clip. Youll find all the comforts of home while enjoying the resorts amenities, including an outdoor pool and hot tub, childrens pool and fitness center. ALG is one of, if not the largest travel industry wholesalers in the world. Today marks the beginning of ALGs next chapter, in which we will continue to build on the strong loyalty and reputation we have established through our luxury travel brands and services, now as part of Hyatt. If anyone on this forum hears of a class action, count me in. We'll run a soft credit check to find special offers, but it wont affect your credit score. 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. to all of you! I think I am paying for Disney Vacation $450 per year. It is based on a 100,000 dollar a year income. On the surface they say, oh we let you guys have a grandfather clause and if you want to remain in diamond, you can BUT, the caveat is, they are going to strip all the diamond resorts locations except for about 16 that are in the trust OUT of your diamond resorts system with the proclamation that even those resorts are subject to change at any time thusfor diamond owners who already spent thousands and thousands to own and are comfortable with the system and properties they have access to, must either spend a minimum of between 20 and 40 thousand dollars to purchase the minimum point allocation of 4500 points to convert their diamond ownership to hiltons HVG brand, or have their diamond ownership devalued down to 16 resorts, most of them the crappiest in the diamond portfolio save 4 or 5. As long as they think Hyatt can afford it, Hyatt can. This answer was provided by RedWeek contributor, Jeff Weir. 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. I called it a breach of contract. My husband and I owned HGV for more than 10 years. As for the cost Hyatts money structure is completely different from most other public companies due to the Pritzkers. If nobody signs up, then they will be forced to go back to the drawing board. There has to be something we can do legally. Should not our contacts be canceled and money returned? @khatl: In Mexico/Caribbean, they are the following brands: -Zoetry: luxury that kids can stay at but targeted to adults-only -Secrets: luxury adult-only romantic -Breathless: luxury adult-only social -Dreams: upscale family-friendly -Sunscape: budget family-friendly. There are a ton of very amazing properties here. To book stays at non-HGV resorts and Diamond inventory, HGV owners will need to go through an exchange company probably RCI or Interval International to secure a reservation. This was this past year. If you love water sports, you can go windsurfing, swimming and snorkeling. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Well Im not playing along. They do use other sales offices, you just cant do it. Many people love their Ziva/Zilara all inclusive resorts. The resort is set on more than 600 acres and includes condo-style accommodations with full kitchens, living rooms, dining rooms and bathrooms. 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. It operates under the names Apple Vacations brands, CheapCaribbean.com and others. Hyatt adds that it is determining ways in which the World of Hyatt loyalty program and ALGs Unlimited Vacation Club can bring added value and unique loyalty benefits to their respective member bases when integrates the AMR Collection into World of Hyatt in 2022. The hotel group said, "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.". Begin typing your search above and press return to search. I wonder if Hyatt is going to rebrand most/all these all inclusives to Zivas or Zilaras. They are offering us 4.25 a point. In August 2019, HGV announced it had hired an investment firm to review offers, which meant it was really up for sale. The Blue Diamond properties set to convert to the Autograph Collection portfolio include the Royalton Riviera Cancun Resort & Spa, Hideaway at Royalton Riviera Cancun , Planet Hollywood Beach. Since Diamonds was acquired, can we get out of contract? What they are not telling you amidst all those marketing marveling and chanting of how great Hilton is, and how much they did a study looking at all the problems and complaints that diamond owners had worn their vacation packages, is that they are effectively FORCING diamond owners to buy Hilton points and convert over to the new HVG system. Located mere minutes from many of Orlandos theme parks, Mystic Dunes Resort & Golf Club is a perfect family-friendly destination. 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. I am interested in knowing if anyone is, actually, working on a class action suit that you have mentioned? ALGs portfolio of luxury brands, leadership in the all-inclusive segment and large pipeline of new resorts will extend our reach in existing and new markets, including in Europe, and further accelerate our industry-leading net rooms growth. Its just a marketing ploy. The ultra-luxury all-inclusive Dreams Resorts chain is coming under the Hyatt banner. I wonder if Hilton will dramatically increase my value and if I could sell it in the future for more than is offered now. How is this sane? That will include a centralized call center for all members to make reservations through Hilton, new travel packages that incorporate HGV and Diamond properties, new sales presentations for prospective buyers, new upgrade offers for existing members, etc. Hyatt welcomes Dream Hotels, The Chatwal, and Unscripted Hotels brands. Leisure travel appeals to all income levels, so if you want to get big in leisure travel, it cant be all 100% super luxury. I have been trying to call people and fill out forms to have people call me for more information. Pretty sure this isn't the last purchase Hyatt ever makes. No one gives you any answers. I will say this again, how does this acquisition by Hyatt affect Choice Hotels. 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. Hyatt and ALG have highly complementary brand portfolios and share a deep commitment to colleague and guest experiences focused on care, Mark Hoplamazian, Hyatts president and chief executive officer, said in a statement. Hyatt senior vice president of loyalty, brand marketing and consumer insights Amy Weinberg told TPG: Hyatt, in a press release announcing the news, said, Whether youre planning a rejuvenating wellness break, time to relax for two, some quality family time or the ultimate destination wedding, the planned addition of these new resorts to Hyatts existing collection of 1,000+ hotels will give you even more memory-making options., Related: A complete guide to Hyatt Hotels. Something don't add up. The addition of ALGs properties will immediately double Hyatts global resorts footprint. Even after upgrading less than a year ago. HGVC and Diamond owners alike should push back hard on this. Tell them what you think!!!!! Meanwhile, WoH members dont see a reasonable benefit imho. After I got upset and said it criminal my sales associate disappeared, and he manager offered us the same membership for 30k . The 50 most popular World of Hyatt redemptions, Do Not Sell or Share My Personal Information. 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 believe more than $100,000. Hyatt Residence Club provides flexible access to global travel experiences through a diverse portfolio of boutique residential-style retreats. These are not the Royalton properties under the Marriott umbrella. Both Hilton and Diamond are trying to screw the owners out of another $20K. 5302. I do wonder how Hyatt will approach the issue of the Secrets brand being couples only when they have been so LGBTQ+ friendly. Press Esc to cancel. They're Days Inn Level resorts that happen to be on the beach. Hilton Grand Vacations has entered into a definitive agreement to acquire Diamond Resorts International, the largest independent timeshare operator, in a stock-based transaction value of 1.4. HGVC Owner here. My husband then got very upset and said, why didnt they offer this to begin with.? According to Hyatt, the company is currently working to determine how the World of Hyatt program and ALGs Unlimited Vacation Club properties can bring added value and unique loyalty benefits to their respective bases. The goal, the statement said, is for the integration to happen in 2022 so World of Hyatt members can start earning and redeeming points at more than 100 new properties through the program. I find your reaction to be truly bizarre. The customer is still right, and we still have choices. Also strange how they said we missed the "pre-merger" option which was a cost of only $18,000 to move to the Hilton program. This merger should have just expanded the placed you could go, but instead turned into a money grab from the timeshare crooks. My husband started having health problems and we were not able use the HGV! I have a deed at Lake Tahoe Vacation Resort but use Diamond points. I don't care for all-inclusive properties, so I won't be interested in most of these properties. Please view our advertising policy page for additional details about our partners. Its a nightmare! Hyatt didn't buy a hotel portfolio, they bought a tour and travel agent company. It is such a convoluted mess. Warning: This site requires Javascript to function properly. 100 new properties to join World of Hyatt as Apple Leisure Group deal closes, This post contains references to products from one or more of our advertisers. Honest question -- how much cheaper can all-inclusives get? So when January was coming close I decided to lower the $$ amount we would do. Apple Leisure Groups portfolio has exploded from nine resorts in 2007 to approximately 100 properties by the end of 2021, and there is an additional pipeline of 24 executed deals with a large number of additional hotels in development. I planned to use the reminder of my Choice points for booking one of those properties in Mexico or Jamaica. Im sad to say that we feel betrayed by Diamond Resorts and Hilton. The maintenance once I am not happy with has means of renting out rooms to collect money and those can be used toward maintenance and utilities etc. As of June 30, 2021 , the Company's portfolio included more than 1,000 hotel and all-inclusive properties in 68 countries across six continents. But at that point I did not want to pay any more maintenance dues. By the way, your comment about CheapCarribean.com shows you ignorance. By the way, your comment about CheapCarribean.com shows you ignorance. They will promote that its a no pressure friendly meeting to answer any questions when in fact its just their opportunity to squeeze more money out of your wallets! And they are still trying to sell new membership when the sales staff clearly have no clue what is happening! Hyatt spent $2.7 billion acquiring Apple Leisure Group, and it's nice to see the group's 100+ all-inclusive properties increasingly being added to the World of Hyatt portfolio. 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.
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