Buying Hyatt Resale Timeshares – How It Works

Hyatt Vacation Club is comprised of 15 resorts located throughout the continental United States as well as 1 resort in Puerto Rico. Additionally, there is a new resort scheduled to open early 2015 in Maui. Hyatt specializes in high quality, boutique style resorts with luxurious accommodations and top of the line amenities. You can view more information about all of the Hyatt resorts in the chart below, or follow the link for the Hyatt Resort Directory page.

Hyatt Vacation Club Resort Collection

Colorado

Hyatt Grand Aspen Aspen, Colorado
Main Street Station Breckenridge, Colorado
Hyatt Mountain Lodge Avon, Colorado
Beaver Creek Avon, Colorado

California

Highlands Inn Carmel, California
Northstar Lodge Truckee, California

Florida

Siesta Key Beach Siesta Key, Florida
Hyatt Sunset Harbor Key West, Florida
Hyatt Beach House Key West, Florida
Coconut Plantation Bonita Springs, Florida
Hyatt Windward Pointe Key West, Florida
 

Nevada, Arizona & Texas

High Sierra Lodge Incline Village, Nevada
Hyatt Piñon Pointe Sedona, Arizona
Hyatt Wild Oak Ranch San Antonio, Texas

Puerto Rico

Hacienda Del Mar Dorado, Puerto Rico

So How Does It Work?

Hyatt owners have an exclusive right to use their deeded or right-to-use villa for the entire week they own, or any portion thereof. Hyatt owners also have the option to convert their week to Vacation Club points (VC points) at no additional charge. This adds the flexibility of traveling to other Hyatt Vacation Club resorts, traveling during a different week, or staying in a different size villa.

Hyatt designates three different booking periods for their owners as follows:

Home Resort Preference Period (HRPP): 12 – 6 months prior to your week

During this period, owners have the option to either use what they own or to convert to Vacation Club points. Owners have the ability to reserve their villa for the week they own (or any portion thereof) at their Home Resort. If reserving a partial week, the remaining portion will automatically convert to VC points. Alternatively, Hyatt owners can convert their week to VC points to reserve time at any available Hyatt Vacation Club resort. Points can also be used for exchanging with Interval International.

 

Club Use Period (CUP): 6 months prior to your ownership week

During this period, owners no longer have the rights to their ownership week. The only option is to use Vacation Club points to reserve time at any available Hyatt Vacation Club resort or to exchange with Interval International.

 

Limited Club Use Period (LCUP): 6 months after your ownership week

During this period, owners can use Vacation Club points to reserve time at any available Hyatt Vacation Club resort checking-in within 60 days. All unused Vacation Club points expire at the end of the LCUP.

 

Let’s Clear Up the Confusion

Hyatt’s designated booking periods can be very confusing, so here is an example of how the periods would break down for Week 26, 2015:

What If I Need More Points?

Vacation Club points can be borrowed from the next year’s usage with the following conditions:

  1. Reservations must be checking-in within the next 60 days
  2. The next year’s maintenance fees must be paid in full at the time of booking
  3. The next year’s HRPP booking period is relinquished (meaning you no longer have the rights to your week and Villa for that year)
  4. VC points cannot be borrowed for exchange through Interval International

Exchanging Hyatt with Interval International

All Hyatt resorts are rated 5-Stars within Interval International. Vacation Club points can be used in their entirety, or in part, within the Interval International exchange system. The following chart designates the number of points required for exchange into different bedroom sizes and seasons within II:

3 Bedroom 2 Bedroom 1 Bedroom Studio
Red Time 1,730 points 1,300 points 870 points 430 points
Yellow Time 1,460 points 1,100 points 740 points 360 points
Green Time 1,060 points 800 points 540 points 260 points

 

Hyatt owners have a 12 month period in which they can choose to exchange into Interval International to travel to a non-Hyatt Vacation Club resort. This is called the External Exchange Period (EEP) and begins on the first day of HRRP and ends on the last day of CUP. In the above example, an owner of Week 26, 2015 would have from Week 26, 2014 until Week 26, 2015 to exchange their 2015 VC points within II for travel to a non-Hyatt Vacation Club resort.

Owners also have the option to enter an Extended External Exchange Period (EEEP) which extends VC points for 24 months from the end of the CUP. In order to enter the EEEP, owners must commit 4 months prior to their deeded week. In the above example, an owner of Week 26, 2015 would have to notify Hyatt by the start of Week 22, 2015 that they wish to enter the EEEP. They would then have until Week 26, 2017 to exchange their 2015 VC points within II for travel to a non-Hyatt Vacation Club resort.

There is no fee to transfer your Vacation Club points into Interval International, but keep in mind that once your points are deposited, you cannot move them back.

Summing It Up

The Hyatt Vacation Club system may seem a bit daunting at first, but the more you use it, the easier it will become, and let’s face it – the quality of the Hyatt timeshares makes the learning process beyond worth it. Please feel free to contact an agent today if you have any further questions about Hyatt ownership, or if you are interested in a Hyatt Vacation Club resale.