• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Hyatt Grand Aspen owners file suit against Marriott/Interal/etc

TUGBrian

Administrator
Joined
Mar 24, 2006
Messages
22,096
Reaction score
7,679
Points
1,099
Location
Florida

Sapper

Tug Review Crew: Rookie
TUG Member
Joined
Oct 12, 2016
Messages
1,196
Reaction score
749
Points
223
Location
Houston, TX
Wow, similar to the Ritz suit, but specifically about how the HPP has undermined their ownership. It states that the owners are seeking to terminate the relationship with the “Portfolio Club”. Is the portfolio club the HRC or the HPP?

Also, since the owners feel their ownership has been substantially devalued... anyone interested in selling their Aspen unit cheap? No, I didn’t think so. :)
 

Tucsonadventurer

TUG Review Crew: Expert
TUG Member
Joined
Jul 17, 2014
Messages
1,872
Reaction score
649
Points
224
Location
Tucson
Resorts Owned
Hyatt Pinon Pointe, Hyatt Beach House, Westin Kierland
Wow, similar to the Ritz suit, but specifically about how the HPP has undermined their ownership. It states that the owners are seeking to terminate the relationship with the “Portfolio Club”. Is the portfolio club the HRC or the HPP?

Also, since the owners feel their ownership has been substantially devalued... anyone interested in selling their Aspen unit cheap? No, I didn’t think so. :)
HPP is portfolio club
 

Panina

TUG Review Crew: Elite
TUG Member
Joined
Jul 13, 2015
Messages
6,781
Reaction score
9,968
Points
499
Location
Florida
Resorts Owned
Hgvc Anderson, Blue Ride Village Resort
Very interesting. Will be interesting what will happen. Hoping the owners will win.
 

CO skier

TUG Member
Joined
Sep 18, 2012
Messages
4,106
Reaction score
2,357
Points
448
Location
Colorado
I think the most fascinating thing in that suit is that they are invoking the state's RICO law.
The plaintiff attorneys are just throwing everything into the basket that they can. This will become interesting only if the courts allow the lawsuit to proceed on this claim.
 

Sapper

Tug Review Crew: Rookie
TUG Member
Joined
Oct 12, 2016
Messages
1,196
Reaction score
749
Points
223
Location
Houston, TX
Do y'all think this will cause the Aspen unit prices to drop like the Ritz prices have dropped?

If the suit is successful, would the HPP trust holding the Aspen inventory have to divest the held inventory?
 

dioxide45

TUG Review Crew: Expert
TUG Member
Joined
May 20, 2006
Messages
47,376
Reaction score
18,940
Points
1,299
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA

TBipp

TUG Review Crew
TUG Member
Joined
Aug 16, 2014
Messages
81
Reaction score
23
Points
118
Location
Missouri
Resorts Owned
Hyatt Beach House and Windward Pointe, Key West, FL
The Banyan Resort, Key West, FL
Very timely conversation. I just called 5 minutes ago and asked for waiting list for September 2020 in Aspen. I was asked if I wanted "Classic" or "Portfolio" and "Portfolio" was an extra $60 housekeeping fee; however, I would have a better chance of my request being filled if I go with Portfolio as it would be a larger pool of units (Classic + Portfolio units). She also said the Portfolio units were coming from Hyatt's inventory? I opted for Classic but planned to come here and ask if I should go with Portfolio to ensure I get my reservations. What do you think? And, I realize I should probably start a new thread with this question.
 

Sapper

Tug Review Crew: Rookie
TUG Member
Joined
Oct 12, 2016
Messages
1,196
Reaction score
749
Points
223
Location
Houston, TX
Very timely conversation. I just called 5 minutes ago and asked for waiting list for September 2020 in Aspen. I was asked if I wanted "Classic" or "Portfolio" and "Portfolio" was an extra $60 housekeeping fee; however, I would have a better chance of my request being filled if I go with Portfolio as it would be a larger pool of units (Classic + Portfolio units). She also said the Portfolio units were coming from Hyatt's inventory? I opted for Classic but planned to come here and ask if I should go with Portfolio to ensure I get my reservations. What do you think? And, I realize I should probably start a new thread with this question.

That’s interesting. Curious, do you hold both HPP and HRC points?
 

TBipp

TUG Review Crew
TUG Member
Joined
Aug 16, 2014
Messages
81
Reaction score
23
Points
118
Location
Missouri
Resorts Owned
Hyatt Beach House and Windward Pointe, Key West, FL
The Banyan Resort, Key West, FL
Sapper, I thought it was interesting also. We only own HRC points.
 

Tucsonadventurer

TUG Review Crew: Expert
TUG Member
Joined
Jul 17, 2014
Messages
1,872
Reaction score
649
Points
224
Location
Tucson
Resorts Owned
Hyatt Pinon Pointe, Hyatt Beach House, Westin Kierland
Sapper, I thought it was interesting also. We only own HRC points.
What's interesting is they tell us there is only 1 wait list. No clue what the rules are anymore
 

Sapper

Tug Review Crew: Rookie
TUG Member
Joined
Oct 12, 2016
Messages
1,196
Reaction score
749
Points
223
Location
Houston, TX
Maybe they have given up on two separate lists and just combined everything. If an HRC owner uses an HPP unit, then they charge $60 and Hyatt (Marriott) makes some money that may have otherwise been left on the table.
 
Top