Increase in award 'cost' coming soon?
#1
Original Member
Original Poster
Join Date: May 1998
Location: Northern England
Posts: 1,539
Increase in award 'cost' coming soon?
Recently did a HGVC presentation for 20k HH points, and the guy suggested that the cost of GLON / ALON awards is soon to increase to 250k.
Given that he was trying to convince me that HGVC points were worth so much more than my HH points sat in my account, I would take this with a pinch of salt.
However, year end is approaching soon, and therefore I'm going to secure any forthcoming rewards that I think I will do now, as you can always recredit the points.
Given that he was trying to convince me that HGVC points were worth so much more than my HH points sat in my account, I would take this with a pinch of salt.
However, year end is approaching soon, and therefore I'm going to secure any forthcoming rewards that I think I will do now, as you can always recredit the points.
#2
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Join Date: Mar 2002
Location: Saipan, MP 96950 USA (Commonwealth of the Northern Mariana Islands = the CNMI)
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Not again!
It seems like just yesterday they increased from 100K to 150/175K.
#5
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Join Date: Feb 2001
Location: Tampa, Florida, U.S.A.
Posts: 7,664
Originally Posted by Tim_T
Recently did a HGVC presentation for 20k HH points, and the guy suggested that the cost of GLON / ALON awards is soon to increase to 250k.
Given that he was trying to convince me that HGVC points were worth so much more than my HH points sat in my account, I would take this with a pinch of salt.
However, year end is approaching soon, and therefore I'm going to secure any forthcoming rewards that I think I will do now, as you can always recredit the points.
Given that he was trying to convince me that HGVC points were worth so much more than my HH points sat in my account, I would take this with a pinch of salt.
However, year end is approaching soon, and therefore I'm going to secure any forthcoming rewards that I think I will do now, as you can always recredit the points.
Award certs are no longer issued without a corresponding reservation, change the reservation new cert.. oops new point structure
On the other hand does anybody here really believe that people running the timeshares promos have any clue regarding the point structure for the HH program???
mike
#6
Join Date: Jul 2000
Posts: 852
I understand the gate for earnng award stays inflating during a time that earning opportunities were inflating, as was the case 3-5 years ago (e.g, quarterly profile update bonuses...). But the opportunity for earning points now is nowhere near what it was then, so it would be interesting to hear the justification.
But what evidence is there for this, and why are we speculating?
But what evidence is there for this, and why are we speculating?
#7
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Join Date: Apr 2004
Posts: 434
]Recently did a HGVC presentation for 20k HH points, and the guy suggested that the cost of GLON / ALON awards is soon to increase to 250k.
We have 14000 HGVC points (resale market) and have attended numerous of their sales presentations. My experience is if a HGVC salespersons' lips are moving they are usually lying.
We have 14000 HGVC points (resale market) and have attended numerous of their sales presentations. My experience is if a HGVC salespersons' lips are moving they are usually lying.
#8
Join Date: Jan 2002
Location: RST
Programs: Delta Diamond; Hilton Diamond; Accor Gold
Posts: 4,839
Every year there is a readjustment of point value. Comes in different forms:
1. Change in value of the awards, removal of some awards...
2. Change in the category of some properties.
3. Less/more bonuses
It is a moving target. Enjoy your points when you see the right value. The rest is in HH's hands...
Also, don't listen to some romours that comes from someone who is not always informed or, even worst, as some gain in misinforming you.
1. Change in value of the awards, removal of some awards...
2. Change in the category of some properties.
3. Less/more bonuses
It is a moving target. Enjoy your points when you see the right value. The rest is in HH's hands...
Also, don't listen to some romours that comes from someone who is not always informed or, even worst, as some gain in misinforming you.
#9
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Join Date: Jan 2005
Location: seattle
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ah yes the hardball sales pitch
Sounds like the salesman was making the point that HHonors points devalue. Therefore the hgvc points he is selling are worth more. If you pay his price for the hgvc points and then resell them 6 months later they will be worth half if you are lucky. what a con job.
#10
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Join Date: Nov 2002
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Originally Posted by MIKESILV
Award certs are no longer issued without a corresponding reservation, change the reservation new cert.. oops new point structure
I have reservations with no award certs, and they had no problem making them with the understanding I would get the certs later.
So this can't be entirely true.
#11
Join Date: Jul 2000
Location: Sydney
Posts: 5,769
biglar that is correct anyone can order a normal award online without the res. you just need to know who is using the award as that cannot be changed without redepositiong and re ordering.
I usually order the reservation then order the award very close to the date of travel.
I usually order the reservation then order the award very close to the date of travel.
#12
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Join Date: May 1998
Location: Northern England
Posts: 1,539
Please don't get me wrong, I'm well aware that it was a HGVC guy trying (and failing) to sell me something.
However, I've been around FT long enough to know how valuable any hint of change to a program can be. I've just received two offers from partner airlines offering gold membership + a stack of points. Again, HH seam to be handing out status and points like candy, and this tends to results in award adjustment at a latter date.
I know I will be taking two 6 night awards next year, and have already penciled in the dates. I'm not going to hang around booking the res and rewards - just in case by some miracle, the HGVC was telling the truth.
However, I've been around FT long enough to know how valuable any hint of change to a program can be. I've just received two offers from partner airlines offering gold membership + a stack of points. Again, HH seam to be handing out status and points like candy, and this tends to results in award adjustment at a latter date.
I know I will be taking two 6 night awards next year, and have already penciled in the dates. I'm not going to hang around booking the res and rewards - just in case by some miracle, the HGVC was telling the truth.
#13
Join Date: Nov 2004
Location: Nashville
Programs: DL DM 3 MM AA PLAT HH Lifetime Diamond Marriott Plat AMB lifetime titanium Hertz PC
Posts: 6,187
They may be going up, but 200 & 250 do not work. If a level 6 is 40,000 what are they going to move it up to, 60,000 I can not see them going anywhere near that high. I have to agree with other posters they do give quite a bit of notice when awards are going up. Let alone up 75%.
#14
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Join Date: Apr 1999
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For all you FTers out there, if you believe what wonder-words salesmens say, then I have a wonderful bridge (near NYC) I will sell you at a bargain FT discount. Double discounts for any FTer having over 100 posts and triple discounts of you ever bought a time share.
MisterNice
MisterNice
#15
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Originally Posted by BigLar
Hmmm. I've got 4 C601 certs. I have reservations to use them, but I got the certs before I had even made the plans.
I have reservations with no award certs, and they had no problem making them with the understanding I would get the certs later.
So this can't be entirely true.
I have reservations with no award certs, and they had no problem making them with the understanding I would get the certs later.
So this can't be entirely true.