HGVC: Everything You Need to Know
The words "Hilton Grand Vacations Club" may seem like a mouthful, but you can remember this famous name in the timeshare world by its acronym: HGVC.
With 57 resorts throughout the world, HGVC is one of the largest timeshare brands out there. When you buy a Hilton timeshare, not only do you become a deeded owner of a timeshare week, you can use your week to stay at all 57 Hilton resorts for any number of days.
This guide covers everything you need to know about HGVC, whether you’re looking to buy a Hilton timeshare resale or are a current owner looking to sell your Hilton timeshare. We’ll walk you through your “home resort,” how to use HGVC points to reserve at other resorts, and how to exchange your timeshare to stay at resorts outside of HGVC.
Also, if you aren't ready to buy a timeshare and are just looking to rent or would prefer to stay there before you commit to buying, Vacatia offers the ability for you to book a resort residence instantly online (similar to a hotel). You can choose to rent a resort residence at dozens of destinations and choose from hundreds of properties on Vacatia. Here are just some of the more popular destinations:
What is my “Home Resort?”
Even though becoming a member of HGVC gives you access to 57 resorts, you want to choose the one that you’re most likely to stay at year-after-year. This resort is known as your “home resort,” and here you have special priority in making reservations.
Once you know the resort you want, you can then decide whether you want to vacation the same week every year or the flexibility of picking one of many weeks from within a season. This is the difference between a fixed vs. floating week.
When can I reserve at my “Home Resort?”
Typically, you’ll have exclusive access to reserving your home resort week from 12 to 9 months before the beginning of when your floating season or fixed week starts. These bookings are known as “home week reservations.”
If you make your reservation during this three month time period, you're guaranteed to get the week you own at your home resort.
There’s one exception for owners at West 57 Street by Hilton Club. Here your home resort priority is from 9 months to 45 days before your week/season.
How many HGVC points do I get?
It all comes down to the week that you own at your home resort.
When you buy a week you’re also buying a specific residence type, whether it’s a one-bedroom, two-bedroom, or three-bedroom, etc.
At the same time, the week you own also falls within a specific season. This season is the time of year during which your week can be used. In HGVC, there are several seasons including bronze, silver, gold, platinum, and in some cases platinum plus. They are different at each resort.
It’s the combination of your residence type, season, and home resort that determines how many points you get.
Please refer the Hilton Resort Directory, starting on page 54 to see how much each week is worth in points.
How do I use these points?
You can use your points to book a different residence type, season, and home resort, from the one you own. You’re also not restricted to a full week and can choose to book individual days by using your points.
Just as your home week is worth a certain number of points, it’s the same for all other weeks. Reserving any other week costs a certain number of points based on residence type, season, and resort. If you’re booking individual days, it will take more points to reserve on a weekend over a weekday.
Getting the most out of your HGVC points
There are a few strategies for getting even more out of your HGVC points.
For one, you can deposit them. Let’s say you don’t use all your points one year. Instead of going to waste, you can save points and use them next year. These saved points are known as “rescued points” and can be used at your home resort, any other resort, and towards a number of other travel perks including cruises, airfare, RV trips, and more.
Now let’s say you need more points one year. In this case, you can always borrow points from the next year and use them now.
And there’s one more trick. You can convert your HGVC points into rewards points, known as HHonors points. These points are good for stays at any of Hilton’s 3,750 hotels, frequent flyer miles, and car rentals. Best of all, these points don’t expire for six years, so this is a good way to save points over the long term.
What if I don’t want to stay at Hilton?
Of course, you have a lot of different options with HGVC points, but what if you don’t want to stay at a Hilton resort one year?
You can always deposit your week with the exchange company RCI. RCI has over 4,000 other resorts in which you can exchange into.
Should I buy new or resale?
Photo Courtesy of Flickr
Now for the age-old debate, as old as timeshare itself. Should you buy direct from Hilton or should you buy from a current HGVC owner, looking to sell?
Well, with some vacation clubs, you’re restricted in how you can use a resale timeshare.
With Hilton though, the only restriction is on becoming an elite member, which comes with a few extra perks. In addition, if you buy directly from the developer, sometimes you’ll get one-time use “Bonus Points,” as an incentive at signing.
The number-one difference between buying new vs. resale is price. Back in 2012, the average price of a new timeshare week was about $19,000. You can get a sense of resale prices by browsing our selection of Hilton timeshares on the Vacatia Marketplace.
Keep in mind, that a big issue with resale is accuracy. It's important to make sure that what you buy is what you get!
How do I sell my Hilton timeshare?
You have a lot of options when it comes to selling your Hilton timeshare. In most cases though, you’ll have to pay several different fees both upfront to list and every month, regardless of whether your timeshare sells.
The Vacatia Marketplace is one of the few places online that doesn’t charge upfront listing fees or monthly dues. In other words, it’s 100% free to put your timeshare on the market. All you need to do is create a free account and you already have the tools you need to sell your timeshare, including professional assistance with closing. You only pay one success-based fee once your timeshare has been sold.
If you’re still not sure where to start, you can always get in touch with our timeshare resale specialist directly.
Talk to our expert: email@example.com