Report Abuse

Ken, Perhaps they were referring to the new system Hyatt is now using(or trying), Since being bought out by HVGG/ILG and only renting the Hyatt name, they have come up with all sorts of ways to make money. If you had bought into Hyatt yrs. ago when they sold deeded weeks, you are now a "legacy" owner with HRC (Hyatt residence club) anyone who buys in now, is buying points to use in HPC(no one has figured out the acronym). It seems to be a lot like Marriot in that you buy points to use at a resort, that you may or may not be able to use at that resort, but somewhere else. The going fee as stated in the new rules/bylaws, is just under .93 per point, with exceptions for blackout dates, renting your unit/selling your points. What it boils down to if you are a deeded owner(HRC), you're in the cat bird seat, if you buy in now(HPC) you're in the pool with everyone else.