I finally pulled the trigger on a HICV conversion package yesterday! Waiting on paperwork to arrive in the mail. For anyone who has done a conversion, how long is the process compared to a resale? I'm hoping quite a bit faster with no ROFR review, no mailed documents to Orange Lake, priority processing, etc.
Has anyone done a conversion when they already had 1M points? Wondering if HICV would be willing to remove the "no status" flag from my account sooner rather than later?
Tuesday, January 31, 2017
Sunday, January 29, 2017
Wholesale Elite points pricing of $5.
Wholesale Elite points pricing of $5.60/1K provides a good framework for what a HICV conversion is worth, since this is the value at which I believe anyone can get rid of millions of HICV Elite points with minimal effort.
Assuming you have 1000K points of $4/1K fixed week properties that you paid $4K for on resale market, you value Elite status at $500/year beyond the point value, and your payback timeframe is 6 years, you would be willing to pay the following:
$12.2K = (1000K x ($5.6-$4) + 1000K x ($5.6-$5) + $0.5K) x 6 - $4K
for 1000K fixed week points, $5.6/1K wholesale Elite point value, $4/1K fixed week maintenance, $5/1K Elite cost of renting points, $0.5K annual value of Elite, 6 year payback, and $4K resale investment in the fixed weeks
Assuming you have 1000K points of $4/1K fixed week properties that you paid $4K for on resale market, you value Elite status at $500/year beyond the point value, and your payback timeframe is 6 years, you would be willing to pay the following:
$12.2K = (1000K x ($5.6-$4) + 1000K x ($5.6-$5) + $0.5K) x 6 - $4K
for 1000K fixed week points, $5.6/1K wholesale Elite point value, $4/1K fixed week maintenance, $5/1K Elite cost of renting points, $0.5K annual value of Elite, 6 year payback, and $4K resale investment in the fixed weeks
Friday, January 27, 2017
Elite members should be renting from HICV the maximum number of points that HICV will let them rent every year at...
Elite members should be renting from HICV the maximum number of points that HICV will let them rent every year at $5/1K points.
An Elite member with 1M points, should be renting 1M points from HICV for $5000 every year - if they are not, then they are leaving money on the table because wholesale market value of those 1M points in bulk is $5600 by my estimates and the retail value is even higher.
Message me via Hangouts if you want me to help you get the maximum value out of your Elite status!
An Elite member with 1M points, should be renting 1M points from HICV for $5000 every year - if they are not, then they are leaving money on the table because wholesale market value of those 1M points in bulk is $5600 by my estimates and the retail value is even higher.
Message me via Hangouts if you want me to help you get the maximum value out of your Elite status!
Wednesday, January 25, 2017
Hello Scott, I am possibly interested in purchasing some of your points.
Hello Scott, I am possibly interested in purchasing some of your points. Just went thru the pitch at hicv orange lake. Amazing how they try to get you to drop large amounts of cash but keep the information as to how everything works so obfuscated. I have a very specific strategy that I am wanting to implement and if it will work, I am very interested. When can we chat?
Monday, January 23, 2017
Any Elite members out there looking to rent points at a negotiable markup above HICV rental price of $5?
Any Elite members out there looking to rent points at a negotiable markup above HICV rental price of $5? I'm looking to buy them in 100K chunks, prepaid and then you would make reservations for me (with free upgrades when available) when requested (after I've already checked availability) and I'd pay the $59 fee.
For example, at a 12% markup, I'd pay $560 for 100K points - if your cost of points is less and you don't regularly use them all, then you'd make more.
Message me on Hangouts if you are interested.
For example, at a 12% markup, I'd pay $560 for 100K points - if your cost of points is less and you don't regularly use them all, then you'd make more.
Message me on Hangouts if you are interested.
looking to buy a timeshare that is around 100k in points or less.
looking to buy a timeshare that is around 100k in points or less. Looking for decently low maintenance fees. Went to the presentation at the location in Las Vegas and would definitely use the points. Just would prefer to take one off of someones hands who don't want to deal with it any more. Just post on this discussion with any offers/ ideas. Thanks!
Saturday, January 21, 2017
History of HICV Press Releases
History of HICV Press Releases
2007
http://www.prnewswire.com/news-releases/orange-lake-announces-new-resort-locations-57758497.html
2009
http://www.webwire.com/ViewPressRel.asp?aId=91579
2011
http://corporate.orangelake.com/docs/pressReleases/HCV_Goes_Live_in_Marco_Island.pdf
2012
http://corporate.orangelake.com/docs/pressReleases/HCV_GoesLiveInLasVegas.pdf
http://corporate.orangelake.com/docs/pressReleases/HCV-to-Open-Two-New-Resorts.pdf
2014
http://corporate.orangelake.com/docs/pressReleases/HCV_Williamsburg_News_Release.pdf
http://corporate.orangelake.com/docs/pressReleases/HCV_CapeCanaveral.pdf
2015
http://corporate.orangelake.com/docs/pressReleases/Acquisition_0515.pdf
http://corporate.orangelake.com/docs/pressReleases/IHG_Scottsdale_Branding.pdf
http://www.webwire.com/ViewPressRel.asp?aId=91579
2007
http://www.prnewswire.com/news-releases/orange-lake-announces-new-resort-locations-57758497.html
2009
http://www.webwire.com/ViewPressRel.asp?aId=91579
2011
http://corporate.orangelake.com/docs/pressReleases/HCV_Goes_Live_in_Marco_Island.pdf
2012
http://corporate.orangelake.com/docs/pressReleases/HCV_GoesLiveInLasVegas.pdf
http://corporate.orangelake.com/docs/pressReleases/HCV-to-Open-Two-New-Resorts.pdf
2014
http://corporate.orangelake.com/docs/pressReleases/HCV_Williamsburg_News_Release.pdf
http://corporate.orangelake.com/docs/pressReleases/HCV_CapeCanaveral.pdf
2015
http://corporate.orangelake.com/docs/pressReleases/Acquisition_0515.pdf
http://corporate.orangelake.com/docs/pressReleases/IHG_Scottsdale_Branding.pdf
http://www.webwire.com/ViewPressRel.asp?aId=91579
Does anybody have 2008, 2012, or 2013 member guide?
Does anybody have 2008, 2012, or 2013 member guide? Looking to add what year each resort was added to guide. I found 2009, 2010, 2011, 2014, 2015, 2016, and 2017 online.
Put all point values into a single spreadsheet and added a link to group, since 2017 guide dropped the summary...
Put all point values into a single spreadsheet and added a link to group, since 2017 guide dropped the summary points section and got the Desert Club points wrong!
https://drive.google.com/open?id=0B8AHvGd-vld_bldoVUpUMm9JcTg
https://drive.google.com/open?id=0B8AHvGd-vld_bldoVUpUMm9JcTg
https://drive.google.com/open?id=0B8AHvGd-vld_bldoVUpUMm9JcTg
https://drive.google.com/open?id=0B8AHvGd-vld_bldoVUpUMm9JcTg
Friday, January 20, 2017
Tuesday, January 17, 2017
Has anyone ever traded points for time in HICV Club-affiliated resorts like the European ones mentioned on page 135...
Has anyone ever traded points for time in HICV Club-affiliated resorts like the European ones mentioned on page 135 of the 2017 guide? What was the experience?
Just noticed major Desert Club point changes in 2017- went from 4 seasons to 3 and the cheapest season went from 13...
Just noticed major Desert Club point changes in 2017- went from 4 seasons to 3 and the cheapest season went from 13 weeks to 29 weeks, including many weeks that were the highest season before!
I own 2BR WK9 and WK12, and they went from 148K to 200K!
However 2BR WK39 went from 169K to 135K and 2BR-LO WK23 went from 206K to 180K.
Overall, I came in 44K higher, which is about 6.5% additional points.
I own 2BR WK9 and WK12, and they went from 148K to 200K!
However 2BR WK39 went from 169K to 135K and 2BR-LO WK23 went from 206K to 180K.
Overall, I came in 44K higher, which is about 6.5% additional points.
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