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Do you accept Hyatt deposits?

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  • Do you accept Hyatt deposits?

    I called TPI today to see if I could deposit a Hyatt studio week I have reserved. They said they have never before received a Hyatt deposit(?!) and were not sure I would be "allowed" to deposit it, I would need to call Hyatt to find out.

    I do not understand this, how could Hyatt prevent me from depositing the week if I hold a confirmed reservation and can issue a guest certificate? Even if Hyatt does not work directly with TPI, why could I not just issue the guest certificate when the time came? When I asked this of the TPI rep, she said that Hyatt only allows deposits with II, but I pointed out that I have deposited with SFX before and Hyatt has no official affiliation with SFX. Maybe I fundamentally do not understand how the process works?

    Rep seemed reluctant to try to investigate on her end if a Hyatt deposit was possible.

    BTW, the deposit in question is a club reservation, ie I own a Hyatt but was looking at depositing a reservation that I am holding for a different Hyatt resort (although I never got that far into detail with the TPI rep). Similar to if someone booked a DVC or HGVC reservation using their points.

    Thanks for any insight.

    H

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    • #3
      Hyatt Deposits

      Hello Heathpack- Thank you for your query. Trading Places International (TPI) requires the managing agent to verify reservation details on all deposits we accept from members. We verify with the agent that all reservation details are accurate, the week is free and clear to deposit and has not been deposited with another exchange company. This process also allows TPI to forward our inbound exchange guest information to the managing agent and/or resort. Unfortunately Hyatt does not have a process in place to verify member deposits with TPI so we are unable to accept Hyatt Vacation Club reserved weeks at this time. Thank you for your interest in using our exchange services; we can accept traditional weeks of time on deposit from non-proprietary points programs if you have another timeshare week you would like to deposit. We also offer vacation options other than exchange in the form of nightly and weekly rentals as well which can be viewed at Trading Places International - Home. Happy Vacationing!
      Trading Places International
      http://www.tradingplaces.com

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