Hyatt Lake Tahoe -- Resale with Gold Membership?

[PamHB Junior Member Find all posts View Profile Close PamHB]

We've been inquiring into a Hyatt timeshare, and have just received an interesting email from the agent we've been dealing with. She says she has a timeshare for resale (owner anxious to sell) that because of a special agreement the agent/seller has with Hyatt with be sold with the right to convert to Hyatt gold membership points. Has anyone heard of this before?

I'm not hugely interested in owing at Tahoe (my husband is OK with it), but the hotel points, if available on resale, do interest us. This would break the first rule of timeshare purchase -- buy where you want to go. We'd be more likely to trade within the Hyatt system and only use Tahoe occasionally. We're prepared to plan 18 months to 1 year out, and to use the hotel points somewhere if we can't get the trade we want. Good idea or bad?

[PHILL12 Senior Member Find all posts View Profile Close PHILL12]

We've been inquiring into a Hyatt timeshare, and have just received an interesting email from the agent we've been dealing with. She says she has a timeshare for resale (owner anxious to sell) that because of a special agreement the agent/seller has with Hyatt with be sold with the right to convert to Hyatt gold membership points. Has anyone heard of this before?

I'm not hugely interested in owing at Tahoe (my husband is OK with it), but the hotel points, if available on resale, do interest us. This would break the first rule of timeshare purchase -- buy where you want to go. We'd be more likely to trade within the Hyatt system and only use Tahoe occasionally. We're prepared to plan 18 months to 1 year out, and to use the hotel points somewhere if we can't get the trade we want. Good idea or bad?

You are right about first rule to buy where you love going every year! That said this resort is great and very good exchanging power.

If these points important to you and you would be using then make sure you have it in writing.

Do not know what price your looking at but the local resales list the units around $6500- $12000. One unit just sold for $3050 on e-bay which is a shock!

PHIL