In the meantime, Diamond owners who have purchased Getaway or Sampler packages should pursue reservations through Diamond's existing reservations system. Had my owner's update in Feb 22. They tell me I must decide by December 6th but cannot reach a dang soul. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. This will be complicated! We also went to the presentation because nothing in the account said Hilton. 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. Welk Resorts will be sold to Marriott for $430M after 57 years of Then when hotel operators decide they're going rogue, there won't be much Hyatt can do about it. I think I am paying for Disney Vacation $450 per year. So, whats the rationale? ), One cant help but wonder the long-term impact on World of Hyatt for acquisitions like these, especially since theyre largely going after those who book package holidays; presumably these hotels have a lower fee structure and feel that they dont need to offer as many rewards, since that might not be what motivates people to book one of these properties. It was recently announced that Hilton Grand Vacations has purchased Diamond Resorts. Scottsdale Villa Mirage offers the ideal desert retreat with fully-equipped accommodations that feature a kitchen, fireplace and in-room washer and dryer. They tell me we have to upgrade, ( purchase another property) or we will never be eligible, even though we already own 2 properties. ALGs portfolio includes over 33,000 rooms operating in 10 countries. Im sad to say that we feel betrayed by Diamond Resorts and Hilton. We are so glad that we did. Appeal to a new type of customer? Go look at the Zoetry in Isla Mujeres or the one in Riviera Maya and let me know if those are still "cheap" to you. Now my question is, how long will it take HGV to throw the BS diamond told me out the back door, then try to force me to spend more $$$??? Diamond Club Members beware! ALG has resorts listed in Article secrets, dreams, breathless and more with partners. ALG manages AMResorts, which includes Alua, Breathless, Dreams, Secrets, Sunscape, and more. For those not familiar with ALG, its a company largely focused on selling package holidays, along with managing resorts in the Caribbean, Mexico, Europe, and beyond. 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? @ Julia -- Did I, or anyone else, say that this was a bad investment? I wonder if Hilton will dramatically increase my value and if I could sell it in the future for more than is offered now. I hope i have a chance bases on the fact that I do not fit the creteria. She did good and we feel for it. 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. We knew for a while that Hyatt was looking to acquire a hotel brand in order to grow in Europe. Shameful! For the shorter term, Diamond owners will have to go through the same exchange exercise to book rooms at non-Diamond properties. I would advise everyone to seek counsel and start a lawsuit. The 50 most popular World of Hyatt redemptions, Do Not Sell or Share My Personal Information. Slow down. 3) Folks like Ben should just focus more on cash bookings at high end, independent and 3) Folks like Ben should just focus more on cash bookings at high end, independent and boutique hotels. Opinions expressed here are the authors alone, and have not been reviewed, approved or otherwise endorsed by any of these entities. What this means for current DRI i.e. 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 have we gotten from that? Funny to see various posts and comments in the travel blog sphere criticizing Hyatt acquisition. Meanwhile, WoH members dont see a reasonable benefit imho. We will love to be part of the class action suit. As long as they think Hyatt can afford it, Hyatt can. Aren't all of the Ziva/Zilara properties owned/run by Playa Resorts? Bens generally biased against all-inclusive (which is a great option for aspirational middle class consumers, in particular.) The success of the buyout hinges on the following projections from HGV, including $125 million in "cost synergies" achieved by reducing payroll and consolidating operations over two years. I think both of those are factually correct? I was told that there would be a fee associated with opting in--more points--who knows? Its a nightmare! Interval International has over 2,500 resorts in over 80 countries around the world that are part of their exchange program. So option 3 was the only viable option at the time for me. Really opened my eyes into this segment of resorts (aside from The Excellence, Just got back from an unlimited luxury stay at Secrets Maroma (seemed like a good burn of sapphire points, last-min getaway). But I do recall her saying we would still have access too all of our DRI resorts, as we have in the past. I will assume Choice points will not be a option for booking these properties in the near future. Aug 15 (Reuters) - U.S. hotel operator Hyatt Hotels Corp (H.N) said on Sunday it entered a deal to buy resort company Apple Leisure Group from its private-equity owner KKR & Co (KKR.N) and travel-and-leisure specialist KSL Capital Partners for $2.7 billion in cash. How will Hilton buying Diamond affect owners of both clubs? I have stayed at several Hyatt Ziva's and had wonderful experiences (especially the Hyatt Ziva Cap Cana). ML, Thank you, Jeff, for your analysis. @ Jason -- "There's nothing cheap about what they sell?" Please view our advertising policy page for more information. Find your perfect Southwestern escape at Scottsdale Villa Mirage, comfortably set in the scenic Arizona landscape and distinctively decorated with traditional desert charm. You all sound like someone excited about an Olive Garden attached to some expensive mall. 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. When the transition is complete, HGV's management team, headed by CEO Mark Wang, will run the combined company. We don't travel as much and our financial situation has changed. Brand dilution. I'm not sure the properties are even worth the annual maintenance fees let alone the additional buy in $ they want1. My only question is can we legally do something about this? I, too, am waiting to join a class action suit. Our team of experts are ready to answer your questions about timesharing and the timeshare industry. Diamond's 92 leisure resorts and nearly 400,000 owners uniquely complement HGV's 62 upscale and luxury properties and over 325,000 owners, and the combination will create the premier vacation ownership company with the broadest offering in the industry. My husband then got very upset and said, why didnt they offer this to begin with.? I saw Hilton Grand Vacations just agreed to buy Diamond Resorts. This is huge for Hyatt leisure travellers, espcially those with families. I am excited to see how all of this unfolds. Well Im not playing along. Too bad they are so greedy. The HGV Max program will fail. 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. I'm looking at you, Waikiki Centric of Cheap Owner. Over the years we upgraded to more points for $$s. This answer was provided by RedWeek contributor, Jeff Weir. Terrible decision makers at HGVC. "As Diamond properties are rebranded under the HGV umbrella, they will be available for rental on Hilton.com.". How will Hilton buying Diamond affect owners of both clubs? 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. I own (have a deed) for a Diamond Resort property in Florida. I planned to use the reminder of my Choice points for booking one of those properties in Mexico or Jamaica. Tucked away on the secluded coastline of Conejos Bay, Secrets Huatulco Resort & Spa offers the ultimate escape for serenity and romance. 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. The price per points is a small profit to what I paid over the years for my DRI gold status. Adults-Only Resort in Conejos Bay | Secrets Huatulco Resort - Hyatt To get access to use Diamond properties, they want another $20K membership. Hilton will never see a dime of my money with this strong arm tactic. He is also a timeshare owner and member of RedWeek.com. Is there no one to stop these people? Ben's "meh" headline was kinda "meh". Located mere minutes from many of Orlandos theme parks, Mystic Dunes Resort & Golf Club is a perfect family-friendly destination. Would have loved for them to buy Excellence, its the only all-inclusive i will ever consider. I agree that this acquisition is not exciting to me. Very diverse crowd at Secrets - all-inclusive and people inclusive resort. This is equal to $270.59 cents per night based on a seven night stay. Marriott Vacation Club to buy Vistana, Hyatt, Interval - RedWeek 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! Full disclosure: the author of this Ask RedWeek is a longtime owner at Diamond Resorts. People generally love Hyatt but say they lack the number of hotels in comparison to Marriot, Hilton and IHG. Worse move we ever made. 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. It's proven its resiliency and durability, said Mark Hoplamazian, president and CEO of Hyatt, on an investor call this morning. Most helpful comments ( as chosen by the OMAAT community ). Hilton Grand Vacations Acquires Diamond Resorts - LoyaltyLobby Any ideas from anyone on how to let this timeshare go? 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. 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. I don't care for all-inclusive properties, so I won't be interested in most of these properties. Currently, the two clubs are separate in the sense that owners can not book a reservation at the other clubs resorts using the points they currently own. Youll find all the comforts of home while enjoying the resorts amenities, including an outdoor pool and hot tub, childrens pool and fitness center. Hyatt hired competent professionals assessing/reviewing these deals. We are in the same boat. View Vacation Offers Meet the Family They're our caring colleagues, our friends. Stay connected with the latest travel, aviation, and credit card news. 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 I refused. Didn't Secrete continually have issues with this? Timeshare & Vacation Rental Resorts | Hyatt Residence Club Then I read somewhere that Hilton wont accept sales made through the timeshare companies and that sales had to go through Hilton resale department. OR the sales staff is just using a high pressure scare tactic! I stayed at Zotry Paraiso de la Bonita Riviera Maya last May. I wonder if Hyatt is going to rebrand most/all these all inclusives to Zivas or Zilaras. Pretty sure this isn't the last purchase Hyatt ever makes. Hyatt Hotels has completed its previously announced deal to acquire leading luxury resort-management services, travel, and hospitality group Apple Leisure Group (ALG), which will notably enable the hotel company to double its global resorts footprint through the addition of ALGs AMR Collection brand portfolio, comprising approximately 100 hotels and resorts operating in 10 countries. Once again they use scare tactics and carefully worded phrases in their attempts to have you pay again for access that we already purchased. 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 find your reaction to be truly bizarre. I am a Diamond owner at Polo Towers, week 52, 2 bedroom 2 bath. During the trip following, my husband decided to attend another of their "meetings" and they explained that we needed to put in another $10K to ultimately save on maintenance fees. and if we did not our $400+ month maintenance fees would increase to $1,000 in January. They are far more knowledgeable than armchair commenters and travel bloggers who believe they know better how to run a Hotel group. 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. + Get 15,000 Hilton Honors Points. RedWeek, Inc. is a Registered Seller of Travel in the following states: Oct 22, 2021 (edited), Apr 05, 2022 (edited), Jun 11, 2022 (edited), Jun 15, 2022 (edited), Dec 05, 2022 (edited), Jan 05, 2023 (edited), Jan 18, 2023 (edited), Feb 19, 2023 (edited). I am a Diamond silver owner and I just went through a Hilton Update presentation. Time to travel again, or take a different kind of vacation? All-inclusive resorts you can book with points - The Points Guy She keep talking and manipulating the situation. #1, continue as is, but diamond would increase my maintenance fees by $800 per year going forward starting in 2024. My husband started having health problems and we were not able use the HGV! I wonder if Hyatt is going to rebrand most/all these all inclusives to Zivas or Zilaras. 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. Hyatt Completes Acquisition of Apple Leisure Group, Creating Global They are pressuring us to buy as well and Im refusing. Its recommended to use a Licensed, Bonded, and Insured closing company. If nobody signs up, then they will be forced to go back to the drawing board. But it was better than paying to get rid of the money pit! Unwind amidst the natural beauty, soak in the warm summer sun poolside, enjoy the on-site fitness center or explore Great Smoky Mountains National Park on a daylong hike. Well just before year end an offer came in and it was very low. How are timeshare brands dealing with the pandemic? 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. My application got rejected because of unpaid maintenance fees. Since I arrive i told the sales lady ,we aren't spendding no more money. The first three are huge to me as they are a great portfolio of adult-only/targeted all-inclusives that are way outside of what most people would consider all-inclusive. So if enough of us stand strong they'll have to deal will us to get rid of some of those proprieties in the portfolio. This assesment could help educate you into making the right decision. 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? Hyatt Hotels Corp. is acquiring Apple Leisure Group, which offers travel, hospitality and luxury-resort management services.The management of AMResorts properties, which includes the Dreams, Secrets, Breathless and Zotry brands, are part of the agreement. "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. This will greatly expand Hyatts footprint in the all-inclusive resort market, especially in the Caribbean, Mexico, and Europe. At the update I was told that I only had 3 choices with the merger. 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. They bought a whole new business model. The deal will quintuple the number of Hyatt-owned resort properties in Mexico from nine to 46, and greatly expand the companys footprint in the Caribbean from five properties to 27. In biblical terms, hire a David to slay these Goliaths who don't care about consumers. The lower level properties will also be great for attracting younger families into Hyatt. How can you excess maintenance fees on properties that are no longer associated with the agreement? As a result, Hyatt now offers one of the largest collections of luxury all-inclusive resorts in the world, including new . What is this transition going to mean for me in regards to my annual maintenance taxes and banked weeks. Please download an updated and supported browser . your thoughts? I am simply not falling for any more lies. The companies provided no guidance on what happens to those pre-paid vacation packages after HGV completes the buyout of Diamond Resorts. 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. Am I missing something here? $1,899 Per Stay. I have no intention of joining HGV. Basically the timeshare although we were always told its not a timeshare because you own a part of it! One of the most notable changes is that Hilton has adjusted ClubPoint values to be 160% higher than before. Hyatt Buys High-End Chain To Help It Compete With Hotel Giants - Forbes Recently, Hyatt completed its acquisition of Apple Leisure Group, opening a new door to all-inclusive resorts for World of Hyatt members. I wish I had added it up before. Improve earnings, maximize rewards and track progress toward dream trips. Many people love their Ziva/Zilara all inclusive resorts. Lasting vacation memories. -Dreams: upscale family-friendly Now, you can earn and redeem World of Hyatt points at some of them. Now I'm selling my HGVC property. This gives members the ability to earn and redeem points at all kinds of new properties. We accepted the offer. Hyatt Hotels has completed its acquisition of Apple Leisure Group, adding roughly 100 hotels and resorts to the Hyatt portfolio, including popular all-inclusive properties from brands like Secrets Resorts and Spas and Dreams Resorts and Spas. 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 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. I feel like I was sucker punched during my owner's update. Warning: Your web browser is out of date. Now the company has spent more than five times as much on Apple Leisure Group. Plus I asked if there will be reduced number of resorts for Diamond members then what was sold to us is no longer valid. Previously, there were only a few upscale/luxury all-inclusives you could use Hyatt points at. Check here before booking an award fare. The answer was yes, you no longer can bank with interval (even if you have a membership on your own with interval international, Hilton only uses RCI) and you have to use Diamond's crappy Destination Flex program (which I never use because it is not user friendly). We expect Hyatt to reach 80% fee-based earnings by the end of 2024, said Hoplamazian. The high-end of the pricing of what I'm seeing in some destinations is a Planet Hollywood property that's all-inclusive. These are not the Royalton properties under the Marriott umbrella. It'll all become second nature when you make your second home among our collection of family-friendly Hawaii timeshare resorts located along the golden sands of Waikiki Beach, majestic mountain valleys of . I tried to go through a timeshare selling company which I paid Money for. Hyatt to buy Apple Leisure Group (Secrets, Dreams, etc) It is a HUGE step for Hyatt because many of these properties are all inclusive resorts at great locations. @ Christian -- Did they, that's interesting, as I don't think I've heard that before? Not sure I like this. I turned both of them down. Totally agree. The presentation is just a sales pitch so they can get paid. As for the cost Hyatts money structure is completely different from most other public companies due to the Pritzkers. We were told that, if we didnt upgrade to HGVC, wed be left with shrinking inventory and rising maintenance fees. Option 3, was buy an extra 4500 points for $20K to be grandfathered into the unknown HGV plan. As a Globalist and a father of a 2 year old working on making another one, this is very exciting news for me. The portfolio has grown at a fast pace, from nine resorts in 2007 to approximately 100 resorts by the end of 2021, with 24 more executed deals in the pipeline. You can now earn and redeem Hyatt points at select AMR Collection all
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