Hyatt Ka'anapali Beach Residence Club REVIEW - MASTER THREAD
#181
FlyerTalk Evangelist
Join Date: Oct 2014
Posts: 10,904
While I agree with you 100%, what explains that people with a pretty substantial amount of cash are, in fact, buying these?
I stayed here once (and paid a small fortune - it was over Thanksgiving and no offers could be used) and many people I met who seemed otherwise intelligent had bought these, and were very, very proud of their "owner" perks (I forget what those were, but I think maybe reserved loungers with special towels or something).
I stayed here once (and paid a small fortune - it was over Thanksgiving and no offers could be used) and many people I met who seemed otherwise intelligent had bought these, and were very, very proud of their "owner" perks (I forget what those were, but I think maybe reserved loungers with special towels or something).
TL;DR: "smart" does not equal "rich"
#182
Join Date: Mar 2011
Location: Seattle
Programs: Hyatt, Marriott, Delta, Alaska
Posts: 636
Having sat through one of these presentations, they didn't hassle me afterwards, except for a few emails to see if I had reconsidered.
As to the basic arithmetic, I'm totally with you. Why should I pay $50k for the privilege of paying $3k for my vacation lodging, when I can already pay $3k without having to also pay the $50k?
As to the basic arithmetic, I'm totally with you. Why should I pay $50k for the privilege of paying $3k for my vacation lodging, when I can already pay $3k without having to also pay the $50k?
#183
Join Date: Aug 2014
Posts: 45
We did the timeshare deal here a few years ago for $1,500 for 5 nights in the 2 bed/2 bath. It was the only timeshare presentation I've ever done, and while not something I would frequently do, I didn't think it was too bad. No hassles from anyone outside of the presentation. I just received the offer again this week which is even better this time - $1,000, plus a rental car, for the same 2 bed/2 bath. We will likely make the down payment and hopefully make a trip work.
Based on the terms in my email, the $500 down payment is clearly non-refundable.
Based on the terms in my email, the $500 down payment is clearly non-refundable.
#184
Join Date: Jan 2008
Location: TYO
Programs: UA MM *G, NH Plat/SFC, HH Diamond, GE
Posts: 238
The target customer appears to be folks who don't want to buy their own "vacation property" and deal with the hassles of full ownership, but still want to enjoy regular holidays at a premium property. You'd be hard-pressed to find a regular hotel or rental property with comparable amenities as here for $3k/week for a 2-bed unit. Much of the $50k amount can be recouped in the resale market.
#186
Join Date: Mar 2011
Location: Seattle
Programs: Hyatt, Marriott, Delta, Alaska
Posts: 636
The target customer appears to be folks who don't want to buy their own "vacation property" and deal with the hassles of full ownership, but still want to enjoy regular holidays at a premium property. You'd be hard-pressed to find a regular hotel or rental property with comparable amenities as here for $3k/week for a 2-bed unit. Much of the $50k amount can be recouped in the resale market.
The numbers at ^^that link^^ seem to suggest otherwise. The aftermarket reflects the true market value.
#187
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 9,981
Hyatt Kaanapali Beach Residence Club resales
The numbers at ^^that link^^ seem to suggest otherwise. The aftermarket reflects the true market value.
The numbers at ^^that link^^ seem to suggest otherwise. The aftermarket reflects the true market value.
The big question here is, what are they actually selling for? The link just shows asking prices.
#189
Join Date: Jan 2008
Location: TYO
Programs: UA MM *G, NH Plat/SFC, HH Diamond, GE
Posts: 238
Hyatt Kaanapali Beach Residence Club resales
The numbers at ^^that link^^ seem to suggest otherwise. The aftermarket reflects the true market value.
The numbers at ^^that link^^ seem to suggest otherwise. The aftermarket reflects the true market value.
#190
FlyerTalk Evangelist
Join Date: Oct 2014
Posts: 10,904
Having sat through one of these presentations, they didn't hassle me afterwards, except for a few emails to see if I had reconsidered.
As to the basic arithmetic, I'm totally with you. Why should I pay $50k for the privilege of paying $3k for my vacation lodging, when I can already pay $3k without having to also pay the $50k?
As to the basic arithmetic, I'm totally with you. Why should I pay $50k for the privilege of paying $3k for my vacation lodging, when I can already pay $3k without having to also pay the $50k?
What also gets ignored is the cost of making the investment. A quick web search shows that a 10-year CD yields well over 3% annually. Depending in your income and your state, that is probably 2% after tax return for most people. So you can add another $1,000 / year in hidden costs to the maintenance fees.
Last edited by VegasGambler; Mar 11, 2019 at 10:10 pm
#192
FlyerTalk Evangelist
Join Date: Dec 2006
Location: Pacific Northwest
Programs: UA Gold 1MM, AS 75k, AA Plat, Bonvoyed Gold, Honors Dia, Hyatt Explorer, IHG Plat, ...
Posts: 16,632
Got a $995 5-nights +10k Hyatt points offer. Wife is interested (and 100% sure she wont fall for the presentation); might take another family member for the 2nd bedroom. Couple of questions:
- would the additional (adult) family member have to go to the presentation?
- I have no desire to plunk down $995 and then later try to find a time slot where they have availability, we all can go, and air fares are reasonable. How limited are the available time slots for these offers? (outside extreme high demand holiday weeks when we wouldnt want to go due to high airfares)
- would the additional (adult) family member have to go to the presentation?
- I have no desire to plunk down $995 and then later try to find a time slot where they have availability, we all can go, and air fares are reasonable. How limited are the available time slots for these offers? (outside extreme high demand holiday weeks when we wouldnt want to go due to high airfares)
#193
Join Date: Feb 2012
Posts: 159
- I have no desire to plunk down $995 and then later try to find a time slot where they have availability, we all can go, and air fares are reasonable. How limited are the available time slots for these offers? (outside extreme high demand holiday weeks when we wouldnt want to go due to high airfares)
So don't hold your breath. But please report back if they report open availability, as the offer says you have 12 months to use it.
#194
FlyerTalk Evangelist
Join Date: Dec 2006
Location: Pacific Northwest
Programs: UA Gold 1MM, AS 75k, AA Plat, Bonvoyed Gold, Honors Dia, Hyatt Explorer, IHG Plat, ...
Posts: 16,632
I received the offer email today. When clicking through to find availability, it says it is not available to book dates online and must call. I received the same offer back in March, and the only dates available back then when calling was a single week in April.
So don't hold your breath. But please report back if they report open availability, as the offer says you have 12 months to use it.
So don't hold your breath. But please report back if they report open availability, as the offer says you have 12 months to use it.
#195
Join Date: Dec 2006
Location: PHX
Programs: Alaska Mileage Plan, Bonvoy, World of Hyatt
Posts: 145
Got a $995 5-nights +10k Hyatt points offer. Wife is interested (and 100% sure she won’t fall for the presentation); might take another family member for the 2nd bedroom. Couple of questions:
- would the additional (adult) family member have to go to the presentation?
- I have no desire to plunk down $995 and then later try to find a time slot where they have availability, we all can go, and air fares are reasonable. How limited are the available time slots for these offers? (outside extreme high demand holiday weeks when we wouldn’t want to go due to high airfares)
- would the additional (adult) family member have to go to the presentation?
- I have no desire to plunk down $995 and then later try to find a time slot where they have availability, we all can go, and air fares are reasonable. How limited are the available time slots for these offers? (outside extreme high demand holiday weeks when we wouldn’t want to go due to high airfares)
Additional adults do not have to attend the presentation (I asked), but your spouse must attend.
Last edited by issyg67; Jun 13, 2019 at 12:34 pm