I have stayed at several Hyatt Ziva's and had wonderful experiences (especially the Hyatt Ziva Cap Cana). Resorts across all companies have had issues with this in Jamaica for a while, but Secrets has had no issues as a brand as far as I know of. I agree that this acquisition is not exciting to me. This is huge for Hyatt leisure travellers, espcially those with families. For the shorter term, Diamond owners will have to go through the same exchange exercise to book rooms at non-Diamond properties. I will assume Choice points will not be a option for booking these properties in the near future. 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 $$$??? The HGV Max program will fail. Anyone have a firm who shows interest? My husband started having health problems and we were not able use the HGV! In the meantime, Diamond owners who have purchased Getaway or Sampler packages should pursue reservations through Diamond's existing reservations system. Here you can have the most relaxing vacation of your life, or enjoy some of the many outdoor adventures in the area. This will help funnel guests to current Hyatt properties and away from their competition. It was recently announced that Hilton Grand Vacations has purchased Diamond Resorts. I am single. What is this transition going to mean for me in regards to my annual maintenance taxes and banked weeks. Too bad they are so greedy. -Secrets: luxury adult-only romantic Leave your cares behind. How can you excess maintenance fees on properties that are no longer associated with the agreement? If you own more points you own more weeks in theory. I think a class action will probably come, but still a little early right now, maybe next year. Diamond Club Members beware! Very diverse crowd at Secrets - all-inclusive and people inclusive resort. But sometime down the road, the two clubs are likely to be combined under one roof named Hilton with all the brand-name benefits that Hilton Grand Vacations (HGV) already provides existing owners. Full disclosure: the author of this Ask RedWeek is a longtime owner at Diamond Resorts. I wonder if Hyatt is going to rebrand most/all these all inclusives to Zivas or Zilaras. The . 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. i do not fit into that creteria either. And now HGV has made the biggest adjustment of all, buying Diamond, the largest independent timeshare company, to its portfolio. I was told when we did a small point package for HGVMax there would not be fees to transfer our points to Hilton Honors or to roll our points over from Diamondnow I am told there are cost for everything now. Can you provide some industry guidance? So in other words, Hilton acquired diamond to take all its resorts to feed to their members, while locking diamond owners out of them, and forcing all the diamond owners to buy their more expensive project. If you do a Class Action or anything to get our money back please let me know. The logic given was incomprehensible, as usual. 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. 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? Maintenance should also be lowered because the community of properties are a smaller selection. They do use other sales offices, you just cant do it. The $2.7 billion cash deal is expected to close in the fourth quarter of this year. I saw Hilton Grand Vacations just agreed to buy Diamond Resorts. I am a Diamond silver owner and I just went through a Hilton Update presentation. 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. View Vacation Offers Meet the Family They're our caring colleagues, our friends. I would hope Hilton is large enough they are not trying to do this to previous owners. What have we gotten from that? The customer is still right, and we still have choices. Probably for the best that Hyatt did not buy them to keep Excellence Group a secret (again no pun intended either). ALGs AMResorts is the largest portfolio of luxury all-inclusive resorts in the Americas, with well-known high-end brands SecretsResorts & Spa, DreamsResorts & Spas, BreathlessResorts & Spas and ZotryWellness & Spa Resorts, as well as AluaHotels & Resorts, which is expanding quickly in Europe. We're excited about luxury in particular because we expect the global luxury travel market to grow at about 11% from 2021 to 2027.. Meanwhile, WoH members dont see a reasonable benefit imho. We were majorly scammed. is the managing editor for news at TPG. Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. Check here before booking an award fare. In mid-August 2021, Hyatt announced a major acquisition. ALG has resorts listed in Article secrets, dreams, breathless and more with partners. Secrets Akumal Riviera Maya in Mexico. By 2019, the split had shifted to 57% fee-based earnings. 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. Hyatt has completed its acquisition of Apple Leisure Group (ALG), which is a resort-management services, travel, and hospitality group. I'm not particularly excited about Hyatt being 'asset-light' - that means they will have less and less skin in the game, and their whole thing becomes a marketing/booking service. ), 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. Otherwise i will not have access to Hilton properties and some Diamond properties that do not meet Hilton standards will be closed. They tell me I must decide by December 6th but cannot reach a dang soul. SOLD OUT. Set in unique destinations from Maui, Carmel and. Option 3, was buy an extra 4500 points for $20K to be grandfathered into the unknown HGV plan. We were encouraged to attend a presentation and I was interested in hearing about the acquisition, being Diamond owners. Designed for travelers seeking casual comforts and simple pleasures, where custom meets convenience and living well is effortlesswe set the stage for memory-making moments. Hilton did announce that there will be new timeshare products coming down the road that will integrate the two clubs together, rumored to be called HGV Max. 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 . 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. In 2009, 63% of Hyatts earnings came from owned and leased properties, with fee-based earnings making up the remaining 37%. 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. Great for short trips with affordable pricing in great central locations. 4 Days/3 Nights. At Selling Timeshares, Inc., Exchanging Marriott Vacation weeks through Interval International is a great way to get more out of an MVC membership. Now are asking me to buy into Hilton and I thought I have already bought into a time share that says I can travel the world and now I have limits. Two years ago, the tables were turned, when news reports surfaced that Apollo had submitted an offer to buy HGV. Experience the all-inclusive, adults-only Hyatt Vivid Hotels & Resorts. A day later or so out of the blue they call and I am on hold first time for an hour and when the person answered they hung up immediately without speaking. Our passionate members who share a commitment to consistent, quality time away. It all has to go through them and then be accepted by HGV. To play devil's advocate, maybe that's the point? I was forced to go to Las Vegas (or else I would have to pay for the room which is 1000 dollars. A friend recently stayed there and by her Snapchats and Instagram stories, it looked extremely upscale. 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. Then I read somewhere that Hilton wont accept sales made through the timeshare companies and that sales had to go through Hilton resale department. They are pressuring us to buy as well and Im refusing. Outside of banner ads published through the Boarding Area network, this compensation does not impact how and where products appear on this site. 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. They were nice, and told me they would try to sell it. Let's band together you cannot operate as a company like this and defraud people. He worked in TV news for 20 years, including stints at ABC, MSNBC and Fox, before landing his dream job. Because that is a lot of additional money - I already own a deeded week and paid that much for 9000 points. Basically the timeshare although we were always told its not a timeshare because you own a part of it! Benefits the Business traveler? We also went to the presentation because nothing in the account said Hilton. Bottom line. 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. Once again they use scare tactics and carefully worded phrases in their attempts to have you pay again for access that we already purchased. I'm thoroughly pissed off at HGVC. TPG previously reached out to Hyatt for details on the integration with World of Hyatt. Importantly, the combination of this value-creating acquisition and the $2 billion increase in our asset sale commitment will transform our earnings profile, and we expect Hyatt to reach 80% fee-based earnings by the end of 2024.. Youll find all the comforts of home while enjoying the resorts amenities, including an outdoor pool and hot tub, childrens pool and fitness center. I think this another one of your ill-advised articles. We just spent a week at Beachwoods Resort in Kitty Hawk, NC. It was more like $35K. 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. HowwillHiltonbuyingDiamondaffectownersofbothclubs. I think I am paying for Disney Vacation $450 per year. My maintenance fees would go up an additional $870 3. ALG is one of, if not the largest travel industry wholesalers in the world. They only take Hilton Honors Points and refuse our HGVC owner club points. We left without signing anything and Im very confused on what to do next.. I planned to use the reminder of my Choice points for booking one of those properties in Mexico or Jamaica. 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!!! This is a big letdown because the one thing I don't like about Hyatt is its small footprint. We also recently attended an update after being told the same thing - we had to invest another $20K+ to be a part of HGV. What do you make of Hyatts acquisition of Apple Leisure Group? I believe more than $100,000. Terrible decision makers at HGVC. Well explain what is changing and what these changes mean for you. My application got rejected because of unpaid maintenance fees. This is very exciting as it is @Jason, I agree with your take on this as well. Then when hotel operators decide they're going rogue, there won't be much Hyatt can do about it. ALG has now been purchased for $2.7 billion in cash from KKR and KSL Capital Partners. I told him no. You clearly have never stayed at an AMResort property. We are new to this and I have no clue what to do. Tucked on the foothills of the Great Smoky Mountains, Bent Creek Golf Village provides a relaxing retreat in Gatlinburg, Tennessee. Being denied the right of use in any contract is a breach of the original contract . Pritzkers lose interest and Hyatt will be gone (acquired) - regardless of any acquisitions. I wasn't a fan either of all inclusives. We're very unhappy and want out. You have successfully joined our subscriber list. It was the worst hotel I've stayed at in 10 years. If anyone on this forum hears of a class action, count me in. 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. Shameful! 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. We strongly believe we can achieve more together said ALG president and CEO Alejandro Reynal, who will continue to lead ALG as a distinct business unit within Hyatt. I hope i have a chance bases on the fact that I do not fit the creteria. My thought is I am going to just sit tight and see what else they offer - this honestly can't be it. Short of buying Excellence Resorts or Velas Resorts, this is probably the best purchase they could have made to increase their luxury A-I portfolio (save for Sunscape). I have a deed at Lake Tahoe Vacation Resort but use Diamond points. What's the big picture impact of this transaction and, more importantly, what does it mean for owners of both timeshare companies? I'm not sure the properties are even worth the annual maintenance fees let alone the additional buy in $ they want1. Scottsdale Villa Mirage offers the ideal desert retreat with fully-equipped accommodations that feature a kitchen, fireplace and in-room washer and dryer. I would join the class action lawsuit. 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. 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. $249 Per Stay. This is a very unfair deal and we were all kept in the dark by Diamond resorts and now Hilton's grand scam is being unveiled. Warning: Your web browser is out of date. 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. The costs for employing a closing company for holding escrow, performing title search, rewriting the deed, recording the deed and executing resort specific transfer documents. Settle in for a quiet escape, splash in the surf with the kids or rediscover the child in you on a Sunshine State adventure. I would guess they would have some objections to using the same branding for these "new" properties, particularly since some are going to be directly competing with existing Ziva/Zilara properties. I recently went to the DRI website to make reservations for next year, and NOTHING is available now, no matter which dates I put in within the year timeframe. 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. I'll give some all-inclusive resorts a chance though since it's sometime nice to WORRY nothing but chill, eat, drink, and sleep. Words matter. It's proven its resiliency and durability, said Mark Hoplamazian, president and CEO of Hyatt, on an investor call this morning. I have the same situation as Lorna posted in the previous comment. 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). Hilton will never see a dime of my money with this strong arm tactic. This is equal to $270.59 cents per night based on a seven night stay. ALGs portfolio includes over 33,000 rooms operating in 10 countries. @ Julia -- Did I, or anyone else, say that this was a bad investment? So option 3 was the only viable option at the time for me. For a full view HGV's position on the acquisition, see this presentation made for investors. We are also DRI silver status members for over 10 yrs. I'd go there in a heartbeat on points if I could. Hilton will be the 5th owner of that property since I bought it 17 years ago! I own (have a deed) for a Diamond Resort property in Florida. @Christian (and Ben), Sandals was structurally homophobic in the past (as were all such resorts). This is a step in the right direction for World of Hyatt considering one of the biggest complaints from loyalty members is the smaller footprint of Hyatt compared to Marriott and Hilton. I own properties in both Hilton (Las Vegas) and Diamond (LakeTahoe). 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. 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. The ultra-luxury all-inclusive Dreams Resorts chain is coming under the Hyatt banner. No thanks, as Im a 100% leisure traveler. What a joke! Send tips to Clint.Henderson@thepointsguy.com. This is not only brave on the part of Hyatt to invest a huge amount of cash, it does go to show that Hyatt is comfortable in charting a strategic course which would value add to their Brand portfolio and diversify the brand segments. The acquisition of ALG fits well into Hyatts long-term strategy of flipping its business model to favor fee-based earnings. Well just before year end an offer came in and it was very low. 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. @ Christian -- Did they, that's interesting, as I don't think I've heard that before? Finest and Beloved are excellent (no pun intended) value and its a trip i like to make every year. I guess people are ignoring the elephant in the room. Would have loved for them to buy Excellence, its the only all-inclusive i will ever consider. HGVC Owner here. All the paperwork is under Diamond but she keep saying that we where Hilton. If so please reach out to me as I too would like to seek legal justice in this matter. -Zoetry: luxury that kids can stay at but targeted to adults-only 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. I have paid enough to this timeshare crap. See more about our ethics policies here. Didn't Secrete continually have issues with this? Sharon. All sides denied it, but kept talking about it, because a Wyndham-Diamond merger sounded like a good fit of timeshare cultures. They are one of the best sources of luxury resort packages. "As Diamond properties are rebranded under the HGV umbrella, they will be available for rental on Hilton.com.". 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. 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. Please view our advertising policy page for more information. 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. 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.

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