I'm seeing all-inclusive resorts for well under $100 per person per day. @ Julia -- Did I, or anyone else, say that this was a bad investment? It was recently announced that Hilton Grand Vacations has purchased Diamond Resorts. Hyatt didn't buy a hotel portfolio, they bought a tour and travel agent company. The hotel group said, "Hyatt now offers one of the largest collections of luxury all-inclusive resorts in the world, including new destinations for Hyatt such as Acapulco, Curaao, the Canary Islands, Menorca and St. Martin.". So in other words, Hilton acquired diamond to take all its resorts to feed to their members, while locking diamond owners out of them, and forcing all the diamond owners to buy their more expensive project. Well the irony for me in this announcement, and the subsequent OMAAT article, its unreal. But today we send the letter of cancelation of that contract. To book stays at non-HGV resorts and Diamond inventory, HGV owners will need to go through an exchange company probably RCI or Interval International to secure a reservation. I am sure a lot of you are affected by this and wondering if there is a legal action against Diamond/Hilton is in the offing. Hyatt Hotels Corporation - Hyatt to Acquire Apple Leisure Group Miles of pristine beaches, tiny island keys and underwater reefs surround the boundaries of this southeastern peninsula providing the quintessential vacation destination where an inland oasis offers high energy adventure with endless amusement parks, entertainment and shopping extravaganzas.A stones throw away from the clear blue waters of the Atlantic, Ocean Beach Club offers a quiet, relaxing atmosphere to come back to at the end of the day. The addition of ALGs properties will immediately double Hyatts global resorts footprint. As of June 30, 2021 , the Company's portfolio included more than 1,000 hotel and all-inclusive properties in 68 countries across six continents. Curious as to what they all are. I told them no as well and asked if I was going to be the trouble child by not paying an additional $16K and joining the HGV program and how would I access trades without the HGV program (you don't do the upgrade, you don't get HGV). We are also DRI silver status members for over 10 yrs. Its typical big business take over bs and its the equivalent of Elon musk coming to your home and showing you a video of how great Teslas are and encouraging you to test drive one then as soon as you do, confiscating the car you already own and paid for, and making you buy the Tesla or just sit in the driveway because they took out your engine. 100 new properties to join World of Hyatt as Apple Leisure Group deal We are Gold members of Diamond and made the horrible mistake of paying the fees to to include Hilton HGVC. Hyatt has completed its acquisition of Apple Leisure Group (ALG), which is a resort-management services, travel, and hospitality group. So I went, and found out that I was actually signing another contract to join Hilton Grand Vacations, I did not know this at the time. Are you looking at the right group, Ben? No one gives you any answers. Would have loved for them to buy Excellence, its the only all-inclusive i will ever consider. Hilton will never see a dime of my money with this strong arm tactic. Timeshare & Vacation Rental Resorts | Hyatt Residence Club The Hilton Grand Vacations team initially floated the idea last October of an all-stock acquisition of Diamond Resorts at an equity value of $840 million, according to a recent filing with the. Maybe they see the Covid writing on the wall for cruise lines and know that all-inclusive vacations will appeal to that customer. This will help funnel guests to current Hyatt properties and away from their competition. -Sunscape: budget family-friendly. HGV's expanded network will include 20 new markets and many drive-to destinations that Diamond offered to customers. I saw Hilton Grand Vacations just agreed to buy Diamond Resorts. Accommodations included a fully-equipped kitchen, laundry facilities and full bathroom. Hilton Vacation Club will be the new sub-brand for Diamond Resorts in the future, with Hilton Grand Vacations remaining as Hiltons top-tier timeshare product. This is $138.46 per week and points start balancing out to a week. And, he added, Id like to reiterate that this announcement will have no impact on how we do business with you. I hope you can provide me with some comments. ALGs portfolio of luxury brands, leadership in the all-inclusive segment and large pipeline of new resorts will extend our reach in existing and new markets, including in Europe, and further accelerate our industry-leading net rooms growth. Expansive Residential-Style Retreats Book Today, Plan Your Stay Hyatt Residence Club San Antonio, Wild Oak Ranch View Resort Details Need a Vacation? The deal has an announced purchase price of $480 million with the potential for an additional $120 million based on the final terms. Here you can have the most relaxing vacation of your life, or enjoy some of the many outdoor adventures in the area. If you own more points you own more weeks in theory. Or it is simply equal to $157.85 per monthly to keep my membership.
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