Value of HICV Points vs. Wyndham Points -
https://docs.google.com/spreadsheets/d/1Qg7jd4yPldw-HPWaPkVk1E68KsETwoIuyBFnJPulkgw/edit?usp=sharing
I took the annual points for the cheapest 2BR at each resort to come up with a median 2BR cost of 8.2M points (158K/week).
My interest was in comparing Wyndham point costs with HICV points costs - this compares to 6.1M (117K/week) for HICV.
https://docs.google.com/spreadsheets/d/1HB00pcN4u116afQyKAG1iumSddSaSTmC8rf5OoeN9Yc/edit?usp=sharing
This 25% point difference matches what I saw looking at a small sample of resorts that overlap between HICV and Wyndham - what it doesn't answer is whether the median Wyndham 2BR is 25% nicer/better locations than the median 2BR HICV or whether the Wyndham points are 25% less valuable than HICV points.
If someone has experience with both clubs, it would be great to get some feedback on the quality/value of some Wyndham resorts in the 8.2M range vs. some HICV resorts in the 6.1M range. If the Wyndham units in this range are higher end units, then Wyndham overall resorts are likely just higher end. If the units are comparable, then Wyndham points are likely less valuable than HICV points.
I did the same analysis for FL units only, as that might be a better comparison.
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HICV FL units are about 22% fewer points than Wyndham FL units (vs. 26% overall). The two median HICV resorts are both Orange Lake vs. the median Wyndham resorts are Bonnet Creek and Sea Gardens. Has anybody been to both Wyndham and HICV resorts out of these median resorts? Are they comparable or is Wyndham 22% nicer?
I have not gone to either of these Wyndham resorts. I have, however, been to several Wyndham properties through RCIs last minute deals and exchanges with my non HICV resort. Cypress Palms in Orlando and back in March to Wyndham's Panama City beach, were my last two. I Have been to orange lake a couple of times, last time this past May. Most resorts from these two companies are very comparable, I don't see how one is nicer than the other one. HICV does have Signature units, which is a nice option to have.
ReplyDeleteWhen I was researching wether to buy HICV vs Wyndham vs Hilton Grand Vacation, Wyndham had a lot more locations. I think is the one way I could see myself paying a 25% premium over HICV. They have San Diego, Atlantic City, Flagstaff, several in Hawaii, New Orleans, San Antonio, a couple in Colorado. Hilton probably had the nicer properties, Vegas, NY, Hawaii, Florida Gulf.
Ultimately, it was overall value of the HICV. It has nice locations, good units, and most fees are below average compared to other clubs.
I am schedule to go to HICV in Panama City Beach this summer, so I will be able to compare that resort to Wyndham's Panama City Bech as well.
Thanks for the information Scott, you always provide great information!
Updated files to include regions in each state and links to the maps the regions are based on.
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