We stayed here in January 2010 on Hyatt vacation club points and loved it. Nice 1 or 2 br unit that felt like it was on a hill and with gorgeous views from our unit when outside. Great big pool. Nice retail at piņon point. Also my first time in Arizona so I was very impressed with all that I saw. In 2010, it was just called Sedona with zero mention of pinon point.
That all said, Hyatt residence club is now with interval and is not really owned by Hyatt. So the WOH connection is more like points conversion with any other partnership (eg UAL / star alliance) and Hyatt status probably means little when HRC is not in same ownership as WOH/Hyatt. We own HRC with carmel and our points stretched far at Sedona.