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Author
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Topic: HGVC week 52
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Pronkster TUG MemberPosts: 70 From: Registered: Jul 2004
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posted 09-21-2004 23:33
Trying to understand what ownership of week 52 with HGVC means. Looking at the member guide, Las Vegas is a Friday check in and it says week 52 is 12-24 - 12-31-04. Which I assume means checking out on the 31st. There is an asterisk for week 1-31-04 - 1-7-05.(not given a week number). Week one for 2005 starts with 1-7 - 1-14-05. I guess this year, the week 52 owneres do not own new years eve. In 2005 week 52 is 12-30-04 - 1-6-05.What happens with new years eve this year? Does anyone know if it will be open for booking, since it looks like the week 52 owners will be checking out on the 31st. Are there ever rooms available during club or open season for new years? New to the club, thanks for the help. IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-22-2004 09:06
In Vegas New Years is termed an "event week". It is automatically reserved for the owners of that specific event week. The open season supply would be very limited, but it will come up as owners may choose to trade it.Rick IP: Logged |
GeorgeJ TUG MemberPosts: 522 From: San Diego, CA Registered: Dec 2000
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posted 09-23-2004 08:09
HGVC will bump back Week 51 ad Week 52 owners to the week that corresponds to the week they bought as a fixed week. The additional week before that in December will go for Open Season reservations or Club if booked now)...so it means an extra week to be reserved for non-fixed week owners...IP: Logged |
Pronkster TUG MemberPosts: 70 From: Registered: Jul 2004
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posted 09-23-2004 08:25
Thanks for the clarification. Do you have any idea how much the premium for the purchase of week 51 or 52 is worth. I am assuming that week 52 will trade better with RCI...is this correct? Any other insight would be helpful.IP: Logged |
calihockey33 TUG MemberPosts: 1890 From: So California, USA Registered: Sep 2003
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posted 09-23-2004 16:18
quote: Originally posted by Pronkster: Thanks for the clarification. Do you have any idea how much the premium for the purchase of week 51 or 52 is worth. I am assuming that week 52 will trade better with RCI...is this correct? Any other insight would be helpful.
Actually when you're trading HGVC, you don;t book a week. You use points. Having a week 52, doesn't do any better than having any other prime week. You need 4800 points to get a RED 2bd with RCI. Read this article, it'll answer most of your questions http://www.tug2.net/advice/hgvc.htm IP: Logged |
Pronkster TUG MemberPosts: 70 From: Registered: Jul 2004
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posted 09-23-2004 22:03
Thanks Calihockey,We're from So. Cal. also and I have to know if you're a Kings or Duck fan? We love hockey and are big Kings fans...our son plays D-1 college hockey. Thanks for the link...what I really am trying to figure out is in purchasing additional points does it make any sense to by a week 52 and pay a small premium? I don't think I would ever use the home week would only be buying it for the points...but thought maybe it would trade better. I have read about bonus weeks, (not sure what they are or how you get them). Anyway trying to learn as much as I can from all you helpful folks! Thanks again IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-24-2004 07:15
I own New Years week at HGVC @ the Hilton...not sure if it has been worth the extra premium, since I have only owned it a year. Rumor has it that at one time you could get two weeks for one with a week like this...but I am suspect. There may be a chance that it would be a very good trader with SFX, but I have never tried. Where did you find one available and at what price? They don't come on the resale market too much from what I have seen...Rick IP: Logged |
GeorgeJ TUG MemberPosts: 522 From: San Diego, CA Registered: Dec 2000
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posted 09-25-2004 07:52
quote: Originally posted by Pronkster: Thanks for the clarification. Do you have any idea how much the premium for the purchase of week 51 or 52 is worth. I am assuming that week 52 will trade better with RCI...is this correct? Any other insight would be helpful.
There should still be SOME sort of premium for week 52 (in Las Vegas)purchased resale. Back in 1996 when we purchased, I believe they were asking about DOUBLE the regular floating week price for New Years's week... There was still a premium price for Christmas Week/New Years week when they were selling HGVC Las Vegas Hilton (not sure what it was) and they also offered a preium priced fixed week Comdex week at HGVC Las Vegas Hilton...Bet the owners that bought Comdex week are real thrilled now that they paid the premium... IP: Logged |
calihockey33 TUG MemberPosts: 1890 From: So California, USA Registered: Sep 2003
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posted 09-25-2004 09:47
quote: Originally posted by Pronkster: Thanks Calihockey,We're from So. Cal. also and I have to know if you're a Kings or Duck fan? We love hockey and are big Kings fans...our son plays D-1 college hockey. Thanks for the link...what I really am trying to figure out is in purchasing additional points does it make any sense to by a week 52 and pay a small premium? I don't think I would ever use the home week would only be buying it for the points...but thought maybe it would trade better. I have read about bonus weeks, (not sure what they are or how you get them). Anyway trying to learn as much as I can from all you helpful folks! Thanks again
Yeah, I'm a Kings fan also.. I'd pay a small premium for week 52, just because I think it'd hold its value better. But I wouldnt pay much more than about $1K. According to the HGVC website they are selling week 52 7000 points in Vegas for $29K , or a 3bd with 7000 points non NY week for $25K. Unless you planned on using it or renting it out, I don't see much extra value. I saw one on ebay that was advertising as week 52, but I kind of don't think it is a week 52 IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-25-2004 10:28
I purchased the week 52 because I am hoping like Dave mentions that it holds its value better and also am hoping to perhaps someday rent it out. I would hope to make $1200 plus for the week...but of course I don't know until I try. I bought it resale and didn't pay the price they are currently askingRick IP: Logged |
Pronkster TUG MemberPosts: 70 From: Registered: Jul 2004
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posted 09-26-2004 00:00
Ricoba & Rick,The week I had seen was the one on Ebay that Rick mentioned. Why do you think it isn't really a week 52 Rick? Not too anxious, as the seller has a 0 rating. From what I've read you should stay away from sellers with 0 ratings. Maybe that's why there have been no bids yet with a little over l day left. Not in any hurry, but looking for a good deal. Just trying to figure out the best idea for getting more points. Made my first purchase a couple of months ago, (7000 pts. for use beginning Jan.2005) and have already booked 20 studio nights in Vegas using almost half of my 2005 points, and that's only thru Jan. 2005. Borrowed for trips in Sept. & Nov. 2004 and booked 11 days in Jan. 2005. Love the system, but can see I will definitely need more points down the road. Can't really see that week 51 would be worth a premium, but thought 52 should be. I guess we were all kind of thinking the same way. Anyway, thanks again...appreciate any HGVC lessons you have to offer! IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-26-2004 08:01
Not sure which ebay listing you saw....I did a quick search just now and did not find it...I just found that listing on ebay...I would be a bit suspicious because it says you can reserve week 52 every year...BUT an owner should know that week 52 is automaticllay reserved for them...I never have to put in a reservation request for the week...It may have just been a typo or a miscommunication, but you would want to check it out...Anyway you may want to contact Seth or Judy about buying more HGVC...they are far more knowledgeable than me...they can explain the program better especially the new elite thing... 20 nights....are they consecutive???  Which part of SoCal r u in? We live in Carson/Long Beach area... enjoy! Rick [This message has been edited by ricoba (edited 09-26-2004).] IP: Logged |
Pronkster TUG MemberPosts: 70 From: Registered: Jul 2004
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posted 09-26-2004 23:49
Rick. We're in Hermosa Beach, not too far from you. I bought my first 7,000 points from Seth...great guy to work with. E-mailed him recently an he really doesn't have anything in his inventory right now I'm interested in. Would love to get Elite status and spoke to Joanne Peters, as I thought a second purchase of 7,000 pts. from her would qualify me for Elite. She contacted Hilton and was told something like making my second purchase from her would not qualify me that all 14,000 pts. had to be purchased from the developer. We were both surprised that they seem to be granting Elite on a case by case basis. Have emailed Judy about a couple of her listings...but like I said, not in any hurry, just looking for a good deal. Mostly trying to figure out just what I'm looking for. Thought maybe week 52 would be the best, but doen't really sound like that will make that much difference and might be a lot harder to find. No, my 20 days are not consecutive...4 days were this month, 5 days in Nov., then 6 days on weeek in Jan. and 5 days another week in Jan. Like I said all in a studio, which is really all I need in Vegas, who stays in the room there anyway! But you can't beat it when you consider it's only cost 3100 pts. for almost 3 weeks. Well thanks for the input, I learn a little more each day here on tug. Mary Ann
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Sanibel Girl Non MemberPosts: 19 From: Fort Myers Florida Registered: Dec 2001
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posted 09-27-2004 11:03
Mary Ann,Sorry if you misunderstood what I said. As I recall you bought your first package from Seth and I told you those points would not be counted toward the Elite. I did mention that to qualify for Elite, you would need to purchase ALL 14,000 points from Hilton Grand Vacations Realty where I work, or directly from the Developer. Some people claim to be Authorized agents for HGVC but are not so.... any points purchased outside of the qualifications will not be counted. One quick call to the company lets me know where you stand before we begin working. Joanne P.
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ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-27-2004 11:45
There is definetly confusion here about "elite" status...some say buy one property from the developer and then a reseller and now what is being said is ALL points must be purchased from HGVC retail or through HGVC resales....???? hmmmmAll I know is that when I did an "owners" update this summer, I seemed to know more about elite than the sales rep did....who was trying to get me to buy another retail week at the new property on the Strip.... Hilton needs to put up some definite rules for this new status...not that I can afford it anyway  Rick IP: Logged |
sethnock TUG MemberPosts: 620 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002
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posted 09-27-2004 21:58
Hi all, Regarding the premium for week 52, it sells for about 15-20% premium on resale. I have only had a handful of people request to pay the premium as all Hilton points trade equally. Those are usually only bought by people who want to use it New Years every year. Regarding the Elite Status - the latests that I have been told is that Judy, Joanne and I can offer it (and a few other brokers/agents). You MUST buy a Hilton listed unit. When selling units, we don't always sell Hilton listed units (as they are usually more expensive for EXACTLY the same ownership). If you want the status, ask for a Hilton listed unit. If you own affiliate resorts, they will count for points if you also own a Hilton built property that was either Hilton listed or bought directly from the developer. However, if you own a Hilton built resale that was not a Hilton listed resale it will not count toward the Elite status. Furthermore, I have also been told that if you want to use a Hilton built property that you purchased from Hilton Listed inventory or directly from Hilton, it MUST be on its own ownership. If it is combined with a HGVC club ownership that has a resale that was not Hilton Listed or bought directly from Hilton, this WILL INVALIDATE the elite status. You MUST put it in a different account to maintain the elite status (and pay an additional club fee). This is the latest information that I was given and may change at any time. Furthermore, I am posting it because there has been alot of talk about it. I believe this to be the current philosophy, but DO NOT take responsibility if this is incorrect or changes. I do not advise anyone to purchase a unit based on these comments and would advise anyone buying in the attempt to get elite status to get confirmation from Hilton in writing PRIOR to buying. I am posting this in the attempts to clarify questions on the elite status, AND NOT WITH THE HOPES OF MAKING SALES! My company, company lawyer, and I (Licensed Broker) cannot take responsibility for decissions made by Hilton reqarding eligability for elite status! Please do due diligence before buying with the attempts to get Elite status! HILTON: If anything I posted here is incorrect, pease email me or call me (212)677-7636 and I will edit this posting. If anyone has any quesions, please feel free to call me (212)677-7636 and I will attempt to answer it to the best of my ability, but after I answer, if you are going to purchase anything from ANY BROKER/AGENT with the attempt to get status, please verify what I tell you with Hilton direct as I am doing this as a service and answering questions based on what I have been told and the rules can change at any time.
------------------ Seth My Website IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-28-2004 07:23
So Seth...am I correct in understanding that if I was to buy a unit from you to upgrade to Elite, that it must be also a unit listed in Hilton's own resale department? Is this sort of like a traditional "MLS" listing? Do you see Hilton inventory? Cuz it would seem to me that it would be hard for an independent broker like yourself to get access to Hilton listings...or I am incorrect?Thanks for the clarification...not that I have any money to purchase another week  Rick IP: Logged |
sethnock TUG MemberPosts: 620 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002
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posted 09-28-2004 10:23
Hi Rick, I have access to Hilton's inventory. Call me and I will see if I believe you would get the status. Also, with the status, there is alot of talk about it, but try to determine the value to you.
quote: Originally posted by ricoba: So Seth...am I correct in understanding that if I was to buy a unit from you to upgrade to Elite, that it must be also a unit listed in Hilton's own resale department? Is this sort of like a traditional "MLS" listing? Do you see Hilton inventory? Cuz it would seem to me that it would be hard for an independent broker like yourself to get access to Hilton listings...or I am incorrect?Thanks for the clarification...not that I have any money to purchase another week  Rick
------------------ Seth My Website [This message has been edited by sethnock (edited 10-08-2004).] IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 09-28-2004 10:42
Thanks for the reply Seth...I appreciate the info and the clarification....but right now my pocket book wouldn't allow another timeshare purchase....my wife is kind of interested in a new house  Once and if that day comes, I will contact you...you have been a good source of info here on TUG... I too like you though have not really seen a benefit for me personally for elite status...sure the New York Hilton Club would be great...but in my 49 years of life, I have been to NYC just 2 times...and a Hilton Honors gold card could have some perks...but I don't travel for business...so I don't get much use there either....then regarding the special phone counselors...my "regular" phone reps have done just fine in getting me what I want and all have been quite knowledgeable as far as I am concerned...then the access to the other 50 or so timeshares....being new to this whole timeshare thing...I think I have toooo many options sometimes...and sure I would like some of the fees to be a bit lower with a % discount....but then again am I willing to spend $$$$$$$ just to save $????.... So I know that it's all relative...but for me...I just don't see the benefits...I know some will and do....I just right now am not one of those folks... thanks again! Rick IP: Logged |
sethnock TUG MemberPosts: 620 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002
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posted 09-28-2004 19:00
quote: Originally posted by ricoba: Thanks for the reply Seth...I appreciate the info and the clarification....but right now my pocket book wouldn't allow another timeshare purchase....my wife is kind of interested in a new house  Once and if that day comes, I will contact you...you have been a good source of info here on TUG... I too like you though have not really seen a benefit for me personally for elite status...sure the New York Hilton Club would be great...but in my 49 years of life, I have been to NYC just 2 times...and a Hilton Honors gold card could have some perks...but I don't travel for business...so I don't get much use there either....then regarding the special phone counselors...my "regular" phone reps have done just fine in getting me what I want and all have been quite knowledgeable as far as I am concerned...then the access to the other 50 or so timeshares....being new to this whole timeshare thing...I think I have toooo many options sometimes...and sure I would like some of the fees to be a bit lower with a % discount....but then again am I willing to spend $$$$$$$ just to save $????.... So I know that it's all relative...but for me...I just don't see the benefits...I know some will and do....I just right now am not one of those folks... thanks again! Rick
Very well said. I don't see much value to the Elite status. The only benefit that I can see is the New York Hilton and it does not make sense to me how they can continue to allow owners of 14000 points to trade into the New York Hilton. Once Hilton sells out the property and there is not any developer space left, why should the "Elite" members be permitted to trade in. I don't see many people buying the LEASE for the New York Hilton and then deciding to trade out for a less expensive property? If they continue to let the "Elite" book the New York Hilton and having owners try to compete with "Elite" members to book THEIR usage, and if these owners are not able to use THEIR week, how long do you think the owners would allow others to book the property?
------------------ Seth My Website IP: Logged |
Pronkster TUG MemberPosts: 70 From: Registered: Jul 2004
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posted 10-01-2004 12:29
Hi all,Been out of town on cruise, just got home this morning. Thanks for the clarification Joanne. Sorry if I misspoke. You are perfectly correct in what you told me...the point I was trying to make was that buying 7000 more points was not going to get me elite status, so it didn't matter where I purchased them. Sorry if I caused any confusion. Seth, you were the greatest to deal with on my purchase. You are so knowlegable about HGVC. Thanks for your input once again, keeping us updated on the latest word from Hilton. The elite status is quite confusing, it seems for most of us. I for one really appreciate your posting and giving me the info to make and educated decision when trying to purchase more points. What you said makes a lot of sense, the cost may outweigh the advantages, for me anyways. I am so thankful to have a place to ask questions and get so much help from eveyone!
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sethnock TUG MemberPosts: 620 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002
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posted 10-08-2004 20:10
Anyone attempting to obtain Elite status by purchasing resale should attempt to make their purchases quickly, since this may change in the very near future. Make sure you purchase Hilton Listed inventory. This is not an attempt to make sales, and you should decide if the elite program is of benefit to you before committing to make a purchase.Andy, please edit this post if you feel it should be editted. ------------------ Seth My Website IP: Logged |
ricoba TUG MemberPosts: 762 From: Rancho Dominguez, CA Registered: Jan 2003
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posted 10-08-2004 20:46
Seth, is your implication here that elite status is only going to come eventually (rather quickly I assume from your post)through only purchasing all 14,000 points directly through Hilton at retail cost?Rick IP: Logged |
calihockey33 TUG MemberPosts: 1890 From: So California, USA Registered: Sep 2003
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posted 10-08-2004 21:13
I got a spam email from Judy that said the same thing.. I think it was for the next 30 days or soIP: Logged |
sethnock TUG MemberPosts: 620 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002
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posted 10-08-2004 21:27
quote: Originally posted by ricoba: Seth, is your implication here that elite status is only going to come eventually (rather quickly I assume from your post)through only purchasing all 14,000 points directly through Hilton at retail cost?Rick
This is very likely. ------------------ Seth My Website IP: Logged |