HGVC conversion to Honors
#1
Original Poster
Join Date: Jul 2007
Location: Myrtle Beach, SC
Programs: AA - Exec Plat, HHonors - Diamond, IHG - Spire, Hertz President Circle
Posts: 187
HGVC conversion to Honors
Hello! I was looking at purchasing a Hilton timshare (HGVC) resell on ebay. Does anybody have experience with this? My main question is :
What is the conversion rate for HGVC points to HHonors points?
Thanks in advance:-:
What is the conversion rate for HGVC points to HHonors points?
Thanks in advance:-:
#2
Join Date: Jan 2004
Location: Chicagoland/ORD
Programs: UA Million Miler (Gold), Hilton Diamond, Marriott Gold
Posts: 3,458
The conversion rate is 1 HGVC point = 25 hhonors points. When you look at how many nights you can get with HGVC points versus what you'll get for the honors points conversion, it's a lousy deal. HGVC is great, but buy resale! For more info and help, go to www.tug2.net; there's a HGVC forum there.
#3
Join Date: Jul 2007
Location: LAX-- But I'd rather be on Brokeback Mountain. United 1K! Other
Programs: RCC,HHonors Diamond,HGVC Elite,SPG Plat,Hyatt Diamond,Nat'l Emerald Exec Elite, Disney Premier Pass
Posts: 2,472
They have a whole new category of upscale resorts (Grand Waikikian, West 57th NYC) that charge a significantly higher rate for HGVC points, making the conversion to HHonors even more appealing IMO.
Just some FYI also, HGVC just lowered the conversion rate of their points to HHonors this year (favoring HGVC members). The previous rate was 23 HHonors per HGVC point; it went up to 25:1 this year. ^
Last edited by JonathanIT; Aug 18, 2008 at 4:12 pm
#4
Join Date: Jan 2004
Location: Chicagoland/ORD
Programs: UA Million Miler (Gold), Hilton Diamond, Marriott Gold
Posts: 3,458
For me, the conversion is a waste of money. My 5,000 points gives me a week in a 2-bedroom or 3+ weeks in a studio, which is all I need. I can do all 3 weeks in Hawaii off-season, which is when I vacation. Hard to trade 3 weeks for 3 nights in a category 5 or 6 hotel.
#5
Moderator: American AAdvantage
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 62,948
Just to update, and IMO whether the conversion is useful or not will depend on many variables and the individual converting (far worse conversions include the houseboat, motorcycle, cruise and OARS conversions!) the "exchange rate" continues to be 1 HGVC pt = 25 HHonors points, and one must pay $69 for an exchange of any size (same price to convert to RCI points, usable for two years, or to "Rescue" the HGVC points and use them next year.)
(Remember HHonors points include drawing PointStretcher, AXON, VIP, etc. awards.)
(Remember HHonors points include drawing PointStretcher, AXON, VIP, etc. awards.)
#6
Join Date: Aug 2006
Location: DFW
Programs: AA 2.2MM LT Plat, Hilton Diamond, Marriott/SPG Platinum
Posts: 1,572
Interesting.
I'm curious what kind of value a HGVC would have gets as an HH point generator...
Looking at recently closed eBay auctions, many are selling at or below $0.50 per HGVC point. For instance, one 7000 HGVC point timeshare sold for $2126. That would generate 175k HH points per year. The annual maintenance fee is $1227. The exchange is $69. If you spread the upfront cost over 10 years, that's $1508.60 per year for 175k HH points, or $0.0086 per HH point. That's a bit less than the $0.01 that you can buy them for, but a bit more than most of us value them at.
The biggest factor seems to be the annual maintenance fees. I wonder how that's calculated.
I'm curious what kind of value a HGVC would have gets as an HH point generator...
Looking at recently closed eBay auctions, many are selling at or below $0.50 per HGVC point. For instance, one 7000 HGVC point timeshare sold for $2126. That would generate 175k HH points per year. The annual maintenance fee is $1227. The exchange is $69. If you spread the upfront cost over 10 years, that's $1508.60 per year for 175k HH points, or $0.0086 per HH point. That's a bit less than the $0.01 that you can buy them for, but a bit more than most of us value them at.
The biggest factor seems to be the annual maintenance fees. I wonder how that's calculated.
#7
Join Date: Jul 2007
Location: LAX-- But I'd rather be on Brokeback Mountain. United 1K! Other
Programs: RCC,HHonors Diamond,HGVC Elite,SPG Plat,Hyatt Diamond,Nat'l Emerald Exec Elite, Disney Premier Pass
Posts: 2,472
Interesting.
I'm curious what kind of value a HGVC would have gets as an HH point generator...
Looking at recently closed eBay auctions, many are selling at or below $0.50 per HGVC point. For instance, one 7000 HGVC point timeshare sold for $2126. That would generate 175k HH points per year. The annual maintenance fee is $1227. The exchange is $69. If you spread the upfront cost over 10 years, that's $1508.60 per year for 175k HH points, or $0.0086 per HH point. That's a bit less than the $0.01 that you can buy them for, but a bit more than most of us value them at.
The biggest factor seems to be the annual maintenance fees. I wonder how that's calculated.
I'm curious what kind of value a HGVC would have gets as an HH point generator...
Looking at recently closed eBay auctions, many are selling at or below $0.50 per HGVC point. For instance, one 7000 HGVC point timeshare sold for $2126. That would generate 175k HH points per year. The annual maintenance fee is $1227. The exchange is $69. If you spread the upfront cost over 10 years, that's $1508.60 per year for 175k HH points, or $0.0086 per HH point. That's a bit less than the $0.01 that you can buy them for, but a bit more than most of us value them at.
The biggest factor seems to be the annual maintenance fees. I wonder how that's calculated.
Last edited by JonathanIT; Aug 28, 2009 at 11:54 pm
#8
Join Date: Aug 2004
Programs: HHSilver;SWACompanion;AA;CO
Posts: 252
Your maintenance fee will vary, depending on your home resort.
We bought in LV about 10 years ago. Our maintenance fee hasn't gone up much over the years (and it's pretty low--under $900, as I recall) and we feel that we get an amazing value out of the HGVC resort & the option to convert to HH Points.
2 years ago, we needed multiple rooms over St. Patrick's day weekend for a family wedding in LV. Rooms on the Strip were running about $150/nite. I was able to borrow points and put up 13 family members (in 5 rooms ranging from 2 bedrooms to studios) at the Flamingo HGVC. I was able to construct a 3 tier wedding cake in the condo kitchen, no less! In the end run, we had some HGVC points left over, so we went back a few weeks ago to use them up. We got a 1 br. at the HGVC LV Hilton for 4 nights.
Most years, we convert the HGVC points to HH Points. We have usually managed to get at least 6 nights in a high end hotel/resort that would have cost us over $2000 for the stay. In my book, that's good value.
We bought in LV about 10 years ago. Our maintenance fee hasn't gone up much over the years (and it's pretty low--under $900, as I recall) and we feel that we get an amazing value out of the HGVC resort & the option to convert to HH Points.
2 years ago, we needed multiple rooms over St. Patrick's day weekend for a family wedding in LV. Rooms on the Strip were running about $150/nite. I was able to borrow points and put up 13 family members (in 5 rooms ranging from 2 bedrooms to studios) at the Flamingo HGVC. I was able to construct a 3 tier wedding cake in the condo kitchen, no less! In the end run, we had some HGVC points left over, so we went back a few weeks ago to use them up. We got a 1 br. at the HGVC LV Hilton for 4 nights.
Most years, we convert the HGVC points to HH Points. We have usually managed to get at least 6 nights in a high end hotel/resort that would have cost us over $2000 for the stay. In my book, that's good value.
#9
Join Date: Sep 2003
Location: Philadelphia, PA
Programs: Hyatt Diamond, Hilton Diamond, SPG Platinum
Posts: 362
Summary
For some, vacation means going to Hawaii, Orlando, Las Vegas and repeat. Nothing wrong with it, this vacation paradigm makes HGVC to HHonors conversion very poor value (and not needed).
In addition to usual HGVC hotspots mentioned above, other travelers like to explore Italy, London, Greece, Park City etc. Doing HGVC to HHonors conversion makes all the sense to this group.
Enjoy your vacations whether at HGVC hotspots or at exotic locations staying at Hilton Hotels!
In addition to usual HGVC hotspots mentioned above, other travelers like to explore Italy, London, Greece, Park City etc. Doing HGVC to HHonors conversion makes all the sense to this group.
Enjoy your vacations whether at HGVC hotspots or at exotic locations staying at Hilton Hotels!
#10
So I have recently inherited a HGVC week. I am new to HH, but trying to understand it.
Do I earn HH points for staying at a HGVC resort?
I am currently listed as a Silver VIP. This gives me late checkout and newspaper? I didn't get any of the waters.
If i have 7000 HGVC points and want to stay at a Hilton Resort (NOT HGVC Resort) what is the procedure?
Kind regards.
Do I earn HH points for staying at a HGVC resort?
I am currently listed as a Silver VIP. This gives me late checkout and newspaper? I didn't get any of the waters.
If i have 7000 HGVC points and want to stay at a Hilton Resort (NOT HGVC Resort) what is the procedure?
Kind regards.
#11
Join Date: Dec 2001
Location: Carlsbad,CA USA
Programs: Marriott Bonvoy Titanuim/Lifetime Platinum, Hilton Gold, United Silver
Posts: 1,533
JUst used 7000 HGVC points or 175,000 HIlton HOnors points for a week in Paris in a room that would have cost almost $600 per night, so the conversion was worth it.
#12
Join Date: Jan 2004
Location: Chicagoland/ORD
Programs: UA Million Miler (Gold), Hilton Diamond, Marriott Gold
Posts: 3,458
The process for converting club points to honors points is outlined on the HGVC web site. The ratio is 25 honors points per 1 club point.
Check out the HGVC forum at tug2.net; it will help you understand your ownership.
#13