SHARE THE WEALTH:

Great incentives to refer friends

and family to HVC, Page 4.

AIR OF SOPHISTICATION:

Highly anticipated Hyatt Grand

Aspen opens in 2005, Page 5.

WINTER PLAYGROUND:

Enjoy a memorable week at

Hyatt High Sierra Lodge, Page 8.

DestinationsDestinationsHyat t Vacat ion Club Newslet ter Vo lume 9, Issue 2

Destinations

Rustic Charm inTexas Hill Country

Discover San Antonio’s unique blend of culture,history and family fun at Hyatt Wild Oak Ranch.

he cowboy statesmanWill Rogers once calledSan Antonio one of the four

unique cities in America. Like theother three—Boston, New Orleansand San Francisco—its individualityis so complete, it exudes a vitalityand excitement all its own.

San Antonio’s appeal has beenshaped by its history and confluenceof cultures. From its beginningwith the establishment of MissionSan Antonio de Valera in 1718 to thefight for Mexican independencefrom Spain in 1821 and Texas’independence from Mexico in1836, it has been a crossroadsof history.

When settlers from the southernU.S. arrived in the 1820s and awave of German immigrantsbegan moving here in the 1840s,their influences added rich layersto the cultural mix, creating a cityblessed with an astonishinglydiverse heritage.

Today, San Antonio offers ablend of Spanish colonial andGerman-influenced architecture,unique interpretations of music andTex-Mex cuisine, winding streetsand public plazas suggesting thecharm of Mexico, and unbelievablenatural beauty. No wonder readersof Condé Nast Traveler rate itamong the top destinations inthe U.S. and the world.

INTRODUCING WILD OAK RANCHNow Hyatt welcomes members

to a resort that captures the unbri-dled spirit of San Antonio and therustic charm of Texas Hill Country.Hyatt Wild Oak Ranch, Hyatt’s11th vacation ownership property,is the perfect family retreat, offeringa host of resort activities in a warmand inviting setting.

Located on 39 wooded acresadjacent to Hyatt Regency Hill

Country Resort & Spa,on the former Rogers-Wiseman ranch, thevacation club is directlyacross from Sea World�of Texas, 15 minutesfrom Six Flags� FiestaTexas Theme Park andjust 20 minutes from therenowned San AntonioRiverwalk and historicAlamo.

The resort’s serene settingembraces groves of native wildoaks and wild flower meadows,revealing the friendly hospitalityof Texas. A winding lane takesyou from the stately entry throughwooded hills to a ranch-style lobbycrafted in native white limestonethat welcomes guests with exposedbeams, open-hearth fireplace andoverstuffed furnishings.

The first phase of the resortfeatures 48 three-, two- and one-bedroom and studio condominiums,an activity center, indoor andoutdoor pools, pool bar and grill,health club, outdoor amphitheater,beach volleyball and generalstore. Additional units are plannedas part of future phases.

RUSTIC TOUCHESEach dwelling wraps guests

in the charm of an old-style ranchhouse, plus modern conveniencesand stylishness with a fully equippedkitchen with granite countertops,washer/dryer, premium furnishingsand artwork, high-speed Internetaccess and an enclosed enter-tainment center with cable TV,stereo and CD and DVD players.A spacious balcony offers aprivate area to enjoy thepanoramic views.

All master suites include aking-size bed and connectingbathroom with deep, tiled spa tub,

walk-in shower and commode.Guest bedrooms also featurea king or two queen-size bedsand full baths. A lock-off door onselect two-bedroom units offersthe flexibility to transform theguest bedroom into a studio apart-ment, complete with kitchenetteand full bath.

Vacation ownership entitlesyou to seven nights accommodationin the stylish condominium unityou purchase, plus flexibility toconvert your vacation week topoints that can be exchanged forluxurious stays at other HVCresorts, Hyatt Hotels & Resortsor the vast Interval Internationalnetwork of resorts worldwide.

ENDLESS ACTIVITIESBut when you visit Hyatt Wild

Oak Ranch, you’ll want to returnagain and again. Because when itcomes to activities, guests enjoychoices on a truly grand scaleboth on-site and off.

At the center of the resort,the expansive Wild Oak RecreationCenter features a massiveindoor/outdoor pool complex withtwo towering waterslides, outdoorspa tubs and sun decks. Inside, astate-of-the-art fitness centerfeatures the latest strength andcardio-training machines, pooltable, plus a media room withoverstuffed furnishings, fireplaceand big-screen TV.

An 800-foot RattlesnakeRiverpool invites guests to stagean inner tube flotilla by day. Byevening, the nearby WildflowerPavilion offers an ideal setting torelax beside a roaring fire andenjoy outdoor movies in season.

Even grander in scale is the27-hole championship golf coursethe vacation club shares with thenearby Hyatt Regency Hill CountryResort. Fashioned by renownedcourse designer Arthur Hills, thismagnificent course offers a rusticclubhouse with old-fashioned woodenlockers, full-service pro shop andinviting restaurant and lounge.

Also at the nearby resort, luxurybeckons at Windflower Spa in a14,000-sq.-ft. facility featuring rustictimbers and a warm, earthy décor.Here, guests can enjoy pamperingtreatments, featuring all-natural

products, that range from Texas teabody wraps to yellow-rose facials.

WORLD-CLASS DININGDining and refreshments are

served poolside at Hyatt Wild OakRanch at JB’s Restaurant, whichprovides indoor and outdoor seatingand offers a variety of fresh entrées,plus cocktails through the afternoon.

Guests also can turn to thenearby Hyatt resort, where AntlersLodge serves fine Southwestern-infused cuisine in the cozyambiance of an upscale countrylodge. There’s also SpringhouseCafé for casual buffets and classicTex-Mex fare, plus Charlie’s LongBar and Aunt Mary’s Porch, twolounges that provide distinctways to unwind.

For daily conveniences,The Icehouse, located next to thevacation club lobby, offers delisandwiches, gourmet coffee,packaged goods and all thenecessities.

TEXAS HILL COUNTRYSurrounding the vacation

club property are the rolling hills,meadows and sparkling lakesof Texas Hill Country, where stoneand wood cottages, quaint rockbarns and sturdy ranch housesnestle into the gentle hills.

In summer, spring-fed riversflow through cypress groves pasttowering limestone bluffs, offeringswimming, tubing, kayaking andrafting. Fall and winter bring unsur-passed rock climbing, hiking,mountain biking and horseback riding.

In spring, hillsides and pasturesblaze with uncounted bluebonnetsand a dazzling rainbow of wildflowers, inspiring countless artists.

Year-round, there’s plenty ofshopping for everyone in thequaint, 19th century villages whereold-fashioned Main Streets brimwith antiques, crafts and home-made delights.

It is a destination you’ll wantto experience again and again atevery time of year to truly discoverthe glory of San Antonio andTexas Hill Country.

INSPIRED BY HISTORIC TEXAS RANCH ARCHITECTURE,Hyatt Wild Oak Ranch features limestone exteriors and rusticwood beams to create an authentic feel throughout the property.

C O V E R S T O R Y

History in the makingHyatt Vacation Club writes another chapter in San Antonio’srich existence with the opening of Hyatt Wild Oak Ranch.

D E ST I N AT I O N S � Hyatt Vacation Club D E ST I N AT I O N S � Hyatt Vacation Club

T

� Texas Hill Country—Geologic forces lifted Central Texas’ limestonebedrock into the hills, bluffs and canyons of Texas Hill Country alsocreating Natural Bridge Caverns, Cascade Caverns and Cave Without aName, heaven for spelunking and cave exploration.� At sunset (May through September) experience the dramatic exodusof millions of bats as they head out on a nightly journey, devouringtons of mosquitoes at The Nature Conservancy's Eckert James RiverBat Cave near Mason, or Bracken Cave near New Braunfels.

SAN ANTONIO

� Fiesta Texas, a Six Flags ThemePark—Thrill to shows, rides and more.This family-friendly park is home to thelargest steel (and only floorless!) rollercoaster in the Southwest.� Sea World—Enjoy rides, animalattractions and great dining at thisexciting theme attraction.� The Alamo—On March 6, 1836, 188Texans defended to the last man in a13-day seige that ultimately led to Texas’independence from Mexico.� Paseo del Rio (Riverwalk)—Take afloating barge tour, or put on your walk-ing shoes to experience the below-street-level path of the San AntonioRiver as it winds its way under arched bridges and past lush gardens,restaurants, nightclubs and shops.� La Villita (Little Village)—This walled square block in the heartof downtown was the original settlement of San Antonio.� Mission San Jose, 6701 San Jose Drive—Take a guided tour of“The Queen of Missions.” Built in 1720, it’s still in use today as aworking church.

SAN ANTONIO DRIVING ADVENTURES

The Alamo, in downtownSan Antonio, is oneof the most famoushistoric sites in the U.S.

D E ST I N AT I O N S � Hyatt Vacation Club D E ST I N AT I O N S � Hyatt Vacation Club

ou’ve seen the look ofadmiration in their eyeswhen you show off the

pictures and talk about your latestHyatt Vacation Club adventure.Now your friends, family andco-workers can experience HVCfor themselves, while you enjoycredits up to $500 on your annualmaintenance fee. It’s all part ofHyatt Vacation Club’s new“Share the Wealth” program.

EXTENDED FAMILY“Many of our owners think of

Hyatt Vacation Club as an extendedfamily,” says Ed Crovo, vice presi-dent of operations, Hyatt VacationOwnership, Inc. “Anything we cando to help existing ownersbring their family andfriends into HVC can onlyenhance that feeling.”

Current HVC ownerssimply provide thenames and contactinformation of qualifiedfriends, family andco-workers. HyattVacation Club will thensend the referral aPremier Guest VacationInvitation to visit thereferring owner's homeresort or the referral's

resort of preference. All HVCowners recently received the new“Share The Wealth” brochure withdetails of participation and aBusiness Reply Card to send thenames of friends and associates.Please refer to the Details ofParticipation for terms of receivingmaintenance fee credits.

MAINTENANCE FEE CREDITSFor each qualified referral who

accepts the invitation and attendsa 90-minute sales presentation,the referring owner will receive a$25 maintenance fee credit.

If the referral becomes a HyattVacation Club owner, the referringowner will receive an additional

maintenance feecredit, dependingon the seasonthat the referralpurchases. (Seeaccompanyingchart.)

Remember,in order to qualifyfor these benefitsthe owner mustregister thereferral withHVC before thereferral visits theresort. Send inyour referrals now before theyvisit a HVC resort on their own.Also, you can email or call HVC

with referral information.See details on this page.

As of Oct. 1, 2004,new HVC owners receivea “Share the Wealth”information package at

the point of sale, includinga Premier Guest Invitationthey can hand directly to afriend to initiate the referralprocess. This way, ownersdo not have to give HVC thenames and information —they can invite theirreferrals themselves.

All other HVC owners

should have received similarliterature by mail in late October.These owners can make referralsin any of three easy ways:

� Send information via email toreferrals@hyattvacationclub.com.� Call 1-800-869-1720 to providereferral information over thetelephone.� Complete the Business ReplyCard included in the literature anddrop it in the mail.

Owners who haven’t receiveda “Share the Wealth” informationpackage in the mail can call1-800-869-1720 for additionalmaterials or more information.

F R I E N D S & F A M I L Y

‘Share the Wealth’ and saveReferral program rewards existing Hyatt Vacation Club owners

with up to $500 maintenance fee credit.

Y

H O T L I S T

Vacation Club rental alertsant to receive automatic notification of specialoffers and discounts? Simply log on to theMember Clubhouse at hyattvacationclub.com

and add your email address to your profile. You willbegin receiving notification of special offers onvacation rentals.

Wt hyattvacationclub.com,you’ll find what youneed quickly andeasily, with rich detail

that will make you feel like yourvacation has already begun.

The site is not only aplatform for Hyatt VacationOwnership; it also provides adynamic, personalized andinteractive experience for clubmembers.

The centerpiece of thewebsite is a private, pass-word-protected “Member’sClubhouse” that provideseach owner with a MemberStatement, including point

balances and upcoming vacationreservations, plus starting and end-ing dates for various reservationwindows. The site also offers themost up-to-date information aboutHyatt Vacation Club properties.

The online statement is aneasy way for members to keeptrack of available points that canbe used for full-week or split-weekvacations.

The Member’s Clubhouse

includes handy reservation calen-dars and information about clubrules, plus advice on exchangingpoints for stays at Hyatt Hotelsand Resorts worldwide or IntervalInternational’s global network ofresorts.

Identification codes and pass-words have been mailed to eachHVC owner. If you need an ID andpassword, please call MemberServices at 1-800-926-4447.

life marked with successbrings a wealth ofopportunities, and Hyatt

Vacation Club presents anopportunity not to be missed.

Aspen, long known for itsstunning beauty and legendarycharm, is the perfect setting forHyatt Vacation Club’s mostcelebrated and luxurious fractionalownership resort to date—HyattGrand Aspen. Located just stepsfrom the breathtaking grandeurof Ajax Mountain, this resort ofbeauty and distinction will delightowners and their loved ones yearafter year upon its opening inDecember 2005.

METICULOUSLY DESIGNEDAll aspects of Hyatt Grand

Aspen have been meticulouslydesigned with luxury and comfortin mind. Each of the 50 residenceswill reflect attention to detail,including features such as multiplefireplaces, private balconies,grand kitchens, spa tubs andsteam showers. Elegant mountain-inspired interior themes are finelycrafted, incorporating stone,wood, granite and marble.Some floor plans and penthousesfeature outdoor hot tubs withrooftop access.

Life seems even richer whenthe world outside your door isAspen. Hyatt Grand Aspen is aunique offering in the Aspen areacatering to your own uniquevacation ideals. The Hyatt GrandAspen program combines thebest of fixed- and floating-weekfractional ownership. Membershipincludes a fixed week in a chosenresidence during the winter orsummer season, accompanied byan additional 10 floating days.

INCOMPARABLE PACKAGESFloating days are ideal for

skiing or watching Aspen’smountain turn golden duringautumn months. In addition, floatdays also coincide with excitinglocal events, such as the springAspen Food & Wine Festival and

Aspen Music Festival. Hyatt GrandAspen also offers incomparableChristmas and New Year’spackages including 14 fixed daysand 20 floating days, makingvacation possibilities endless.

Of course, those infinitepossibilities can extend farbeyond Aspen, starting withvacation opportunities at otherHyatt Vacation Club resorts.Owners also can book any of2,000 Interval International prop-erties or convert fixed HVC pointsto Hyatt Gold Passport� points foruse at Hyatt Hotels & Resortsworldwide, offering everythingfrom the world’s finest golf to sun-drenched tropical beaches.

Such flexibility is key, but it isAspen’s rural sophistication thatmakes Hyatt Grand Aspen themost coveted choice of all. Itsdeeded ownership, coupled withHyatt’s unmatched level of serviceand benefits, guarantees the verybest of times will be spent inAspen for generations to come.

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Select a Vacation Club Property:

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Vacation Ownership: Discover a lifetime of possibilities fromthe most trusted name in vacation ownership. Find out why HyattVacation Ownership is the best choice you will ever make.Vacation Rentals: You have the opportunity to experience rentalgetaways to world-class destinations.Mini Vacations: Look for last-minute getaway values you canreserve right now!

CHECK-IN TO HYATT VACATION CLUB’S LAST-MINUTE DEALS

H Y A T T V A C A T I O N C L U B . C O M

Visit HVC’s home on the webSite provides resources for vacation planning and more.

A

“Share The Wealth”Rewards for HVC Owners

Referral purchases Owner reward*� Diamond, Platinum or Gold week . . . . . . . . . $500� Silver, Bronze, Copper or Mountain week . . . $350� Diamond, Platinum or Gold

(Biennial interest) . . . . . . . . . . . . . . . . . . . $250� Silver, Bronze, Copper or Mountain

(Biennial interest). . . . . . . . . . . . . . . . . . . . $175� Qualified referral accepts invitation and attends

sales presentation . . . . . . . . . . . . . . . . . . . . $25

*Referring owner reward is in the form of a maintenancefee credit. Program is subject to change.

H Y A T T G R A N D A S P E N : O P E N I N G C H R I S T M A S 2 0 0 5

An air of sophistication in AspenNewest Colorado resort will raise the bar on Hyatt Vacation Club’s

luxurious guest accommodations.

AT A G L A N C E

Hyatt GrandAspen

� 50 units, with 35 uniquefloor plans

� 2 one-bedroom suites� 19 two-bedroom suites� 28 three-bedroom suites� 1 four-bedroom suite

Pre-completion pricing is nowavailable. For more information,visit the Hyatt Grand AspenPreview Center, 205 S. Mill St.,Aspen, Colo.; call (970) 920-3204;or send email tomcuthbertson@hyattvoi.com.

A

D E ST I N AT I O N S � Hyatt Vacation Club D E ST I N AT I O N S � Hyatt Vacation Club

Hyatt Vacation ClubResorts Points Chart

It is never too soon to start planning your vacation. The pointsassociated with your fixed week actually become available one yearprior to your fixed week. And the HVC reservation system is so flexible,that if you cannot make plans that far out, you still have several optionsthat allow you to reserve accommodations right up to the last minute.

How to make reservationsand use your points

Step #1 Many members find thatreserving their unit and week ofpurchase becomes a tradition.So each year they call during theirHome Resort Preference Period(HRPP) to let us know they will bereturning to their home resort on theirweek of purchase.Remember, while theHRPP window lets ushold your fixed weekexclusively for you, HVCdoes not make thereservation for you. Your HRPPalso expires six months prior toyour fixed week.

To make any other type of reservation,you will be converting your fixed weekto points. In doing so, here are a fewthings to consider:

Step #2 When do you want to travel?Consult the reservation calendars atright, which reflect the dates for Friday,Saturday and Sunday arrivals. Be sureto confirm the day and date of arrival foryour selected week, because each yearthe calendar varies by a few days.

Step #3 How many points are inyour account? As you pass througheach reservation window, a statementis mailed explaining the reservationwindow and number of points in youraccount. To determine point values,locate the destination of choice on the“Season Week” chart, look to the weekyou intend to travel, then go to the“Point Values” chart for the unit size.This will tell you how many points areneeded for a reservation. If you travelin off seasons, you can often make

two or more reservations from oneallotment of points.

Options outside HVC Beyond HVCresorts, Interval International is an optionduring your HRPP or your Club UsePeriod. This allows you to use all or any

portion of points towardexchanges at any of 2,000Interval resorts worldwide.Every day, Intervalmembers exchangetravel weeks, which

means availabilities change daily. (Call1-800-GO HYATT for updates.)

Unsure of your travel plans and considering destinations outside HVC?You have the option of utilizing theExtended External Exchange Program(EEEP). Members may commit all orany portion of their FIXED week pointsto the EEEP for the purpose of exchangethrough Interval International to non-HVC Resorts for two years. Points mustbe converted into the program 4 monthsbefore their deeded week commences.Once the points are transferred to theEEEP you cannot bring them back toyour HVC account. The EEEP does notapply to floating points.

The Gold Passport ExchangeProgram (GPEP) is another option avail-able every other year during your HomeResort Preference Period. This requiresthat you move your entire point balanceto the GPEP. You can make as manyreservations or redeem as many GoldPassport Awards as your points will allowat Hyatt Hotels and Resorts worldwide.

For reservations or informationabout reservation windows and bookingprocedures, call 1-800-GO HYATT.

Full & Split WeekPoint Values Charts

See Page 9

S E A S O N W E E K

2, 1 Bedroom 2, 1 Bedroom 3, 2, 1 Bedroom 3, 2 Bedroom 3, 2 Bedroom 2 Bedroom 2, 1 Bedroom 2 Bedroom 2, 1 Bedroom 2 Bedroom 2, 1 Bedroom 3, 2, 1 Bedroom& Studio & Studio & Studio & Studio & Studio & Studio & StudioSEASON

ARRIVAL DAYS Fri, Sat & Sun Sat & Sun Sat & Sun Sat Sat Sun Sun Sat & Sun Sat & Sun Sat Sat Fri, Sat & Sun

DIAMOND 15-17 28-43 5-12, 26-35 6-12 6-12 7 7 7 7 7 7 26-3151-52 52 51-52 51-52 51-52 51-52 51-52 51-52 51-52 51-52 51-52

PLATINUM 12-14 16-27 1-4, 13-14 1-5 1-5 5-6 5-6 5-6 3-6 26-34 3-6 22-2518-21 51 23-25 13-14 13-14 8-9 8-9 8-9 8-14 8-14 32-3538-44 36-38

GOLD 7 1-15 15 47-50 47-50 1-4 1-4 1-4 1-2 5-6 1-2 16-2122-37 44-50 48-50 10-16 10-16 10-16 15-17 8-9 15-17 36-40

21-25

SILVER 6 N/A 16-17 N/A N/A 17-20 17-20 17-20 18-20 1-4 24-35 10-158-11 22 25-35 25-35 25-35 25-35 10-14 47-50 41-48

45-48 39-41 42-43 42-43 42-43 45-48 35-38, 50 51-52

BRONZE 1-5 N/A 21, 42 25-38 25-38 21-24 21-24 21-24 21-24 15-20 18-23 5-949-50 36-41 36-41 36-41 36-44 39-45 36-46 49-50

44-50 44-50 44-50 49-50

COPPER N/A N/A N/A 15-16 15-16 N/A N/A N/A N/A 46-49 N/A 1-421-24 21-2439-40 39-40

MOUNTAIN N/A N/A 18-20 17-20 17-20 N/A N/A N/A N/A N/A N/A N/A43-47 41-46 41-46

Highlands Inn,a Hyatt Vacation

Club ResortCarmel, CA

Hyatt Main Street

Station™

Breckenridge, CO

Hyatt GrandAspen*

Aspen, CO

HyattMountainLodge�

Beaver Creek, CO

HyattBeachHouse

Key West, FL

HyattSunsetHarbor

Key West, FL

HyattWindward

PointeKey West, FL

HyattHigh Sierra

LodgeLake Tahoe, NV

HyattHaciendadel Mar

Dorado, Puerto Rico

HyattWild Oak

RanchSan Antonio, TX

HyattCoconut

Plantation�Naples Coast, FL

HyattPiñon

Pointe™

Sedona, AZ

*Hyatt Grand Aspen opens Christmas 2005 (see Page 5)

1 Dec 31 – Jan 7 Jan 6 – Jan 132 Jan 7 – Jan 14 Jan 13 – Jan 203 Jan 14 – Jan 21 Jan 20 – Jan 274 Jan 21 – Jan 28 Jan 27 – Feb 35 Jan 28 – Feb 4 Feb 3 – Feb 106 Feb 4 – Feb 11 Feb 10 – Feb 177 Feb 11 – Feb 18 Feb 17 – Feb 248 Feb 18 – Feb 25 Feb 24 – Mar 39 Feb 25 – Mar 4 Mar 3 – Mar 1010 Mar 4 – Mar 11 Mar 10 – Mar 1711 Mar 11– Mar 18 Mar 17 – Mar 2412 Mar 18– Mar 25 Mar 24– Mar 3113 Mar 25– Apr 1 Mar 31 – Apr 714 Apr 1 – Apr 8 Apr 7 – Apr 1415 Apr 8 – Apr 15 Apr 14 – Apr 2116 Apr 15 – Apr 22 Apr 21 – Apr 2817 Apr 22 – Apr 29 Apr 28 – May 518 Apr 29 – May 6 May 5 – May 1219 May 6 – May 13 May 12 – May 1920 May 13– May 20 May 19 – May 2621 May 20– May 27 May 26– Jun 222 May 27– Jun 3 Jun 2 – Jun 923 Jun 3 – Jun 10 Jun 9 – Jun 1624 Jun 10 – Jun 17 Jun 16 – Jun 2325 Jun 17 – Jun 24 Jun 23 – Jun 3026 Jun 24 – July 1 Jun 30 – July 727 July 1 – July 8 July 7 – July 14

WEEK # 2005 2006

Calendar for Friday to Friday stay

Jan 1 – Jan 8 Jan 7 – Jan 14Jan 8 – Jan 15 Jan 14 – Jan 21Jan 15 – Jan 22 Jan 21 – Jan 28Jan 22 – Jan 29 Jan 28 – Feb 4Jan 29 – Feb 5 Feb 4 – Feb 11Feb 5 – Feb 12 Feb 11 – Feb 18Feb 12 – Feb 19 Feb 18 – Feb 25Feb 19 – Feb 26 Feb 25 – Mar 4Feb 26 – Mar 5 Mar 4 – Mar 11 Mar 5 – Mar 12 Mar 11 – Mar 18Mar 12 – Mar 19 Mar 18 – Mar 25Mar 19 – Mar 26 Mar 25 – Apr 1Mar 26 – Apr 2 Apr 1 – Apr 8Apr 2 – Apr 9 Apr 8 – Apr 15Apr 9 – Apr 16 Apr 15 – Apr 22Apr 16 – Apr 23 Apr 22 – Apr 29Apr 23 – Apr 30 Apr 29 – May 6Apr 30 – May 7 May 6 – May 13May 7 – May 14 May 13 – May 20May 14 – May 21 May 20 – May 27May 21 – May 28 May 27– Jun 3May 28 – Jun 4 Jun 3 – Jun 10Jun 4 – Jun 11 Jun 10 – Jun 17Jun 11 – Jun 18 Jun 17 – Jun 24Jun 18 – Jun 25 Jun 24 – July 1Jun 25 – July 2 July 1 – July 8July 2 – July 9 July 8 – July 15

2005 2006

Saturday to Saturday stay

Jan 2 – Jan 9 Jan 8 – Jan 15Jan 9 – Jan 16 Jan 15 – Jan 22Jan 16 – Jan 23 Jan 22 – Jan 29Jan 23 – Jan 30 Jan 29 – Feb 5Jan 30 – Feb 6 Feb 5 – Feb 12Feb 6 – Feb 13 Feb 12 – Feb 19Feb 13 – Feb 20 Feb 19 – Feb 26Feb 20 – Feb 27 Feb 26 – Mar 5Feb 27 – Mar 6 Mar 5 – Mar 12Mar 6 – Mar 13 Mar 12 – Mar 19Mar 13 – Mar 20 Mar 19 – Mar 26Mar 20 – Mar 27 Mar 26 – Apr 2Mar 27 – Apr 3 Apr 2 – Apr 9Apr 3 – Apr 10 Apr 9 – Apr 16Apr 10 – Apr 17 Apr 16 – Apr 23Apr 17 – Apr 24 Apr 23 – Apr 30Apr 24 – May 1 Apr 30 – May 7May 1 – May 8 May 7 – May 14May 8 – May 15 May 14 – May 23May 15 – May 22 May 23 – May 28May 22 – May 29 May 28 – Jun 4May 29 – Jun 5 Jun 4 – Jun 11Jun 5 – Jun 12 Jun 11 – Jun 18Jun 12 – Jun 19 Jun 18 – Jun 25Jun 19 – Jun 26 Jun 25 – July 2Jun 26 – July 3 July 2 – July 9July 3 – July 10 July 9 – July 16

2005 2006

Sunday to Sunday stay

28 July 8 – July 15 July 14 – July 2129 July 15 – July 22 July 21 – July 2830 July 22 – July 29 July 28 – Aug 431 July 29 – Aug 5 Aug 4 – Aug 1132 Aug 5 – Aug 12 Aug 11 – Aug 1833 Aug 12 – Aug 19 Aug 18 – Aug 2534 Aug 19 – Aug 26 Aug 25 – Sept 135 Aug 26 – Sept 2 Sept 1 – Sept 836 Sept 2 – Sept 9 Sept 8 – Sept 1537 Sept 9 – Sept 16 Sept 15– Sept 2238 Sept 16– Sept 23 Sept 22– Sept 2939 Sept 23– Sept 30 Sept 29– Oct 640 Sept 30– Oct 7 Oct 6 – Oct 1341 Oct 7 – Oct 14 Oct 13 – Oct 2042 Oct 14 – Oct 21 Oct 20 – Oct 27 43 Oct 21 – Oct 28 Oct 27 – Nov 344 Oct 28 – Nov 4 Nov 3 – Nov 1045 Nov 4 – Nov 11 Nov 10 – Nov 1746 Nov 11 – Nov 18 Nov 17 – Nov 2447 Nov 18 – Nov 25 Nov 24 – Dec 148 Nov 25 – Dec 2 Dec 1 – Dec 849 Dec 2 – Dec 9 Dec 8 – Dec 1550 Dec 9 – Dec 16 Dec 15 – Dec 2251 Dec 16 – Dec 23 Dec 22 – Dec 2952 Dec 23 – Dec 30 Dec 29 – Jan 553 Dec 30 – Jan 6

WEEK # 2005 2006

Friday to Friday (continued)

July 9 – July 16 July 15 – July 22July 16 – July 23 July 22 – July 29July 23 – July 30 July 29 – Aug 5July 30 – Aug 6 Aug 5 – Aug 12Aug 6 – Aug 13 Aug 12 – Aug 19Aug 13 – Aug 20 Aug 19 – Aug 26Aug 20 – Aug 27 Aug 26 – Sept 2Aug 27 – Sept 3 Sept 2 – Sept 9Sept 3 – Sept 10 Sept 9 – Sept 16Sept 10 – Sept 17 Sept 16 – Sept 23Sept 17 – Sept 24 Sept 23– Sept 30Sept 24– Oct 1 Sept 30– Oct 7Oct 1 – Oct 8 Oct 7 – Oct 14 Oct 8 – Oct 15 Oct 14 – Oct 21Oct 15 – Oct 22 Oct 21 – Oct 28 Oct 22 – Oct 29 Oct 28 – Nov 4Oct 29 – Nov 5 Nov 4 – Nov 11Nov 5 – Nov 12 Nov 11 – Nov 18Nov 12 – Nov 19 Nov 18 – Nov 25Nov 19 – Nov 26 Nov 25– Dec 2Nov 26 – Dec 3 Dec 2 – Dec 9Dec 3 – Dec 10 Dec 9 – Dec 16Dec 10 – Dec 17 Dec 16 – Dec 23Dec 17 – Dec 24 Dec 23 – Dec 30Dec 24 – Dec 31 Dec 30 – Jan 6Dec 31 – Jan 7

2005 2006

Saturday to Saturday (continued)

July 10 – July 17 July 16 – July 23July 17 – July 24 July 23 – July 30July 24 – July 31 July 30 – Aug 6 July 31 – Aug 7 Aug 6 – Aug 13Aug 7 – Aug 14 Aug 13 – Aug 20Aug 14 – Aug 21 Aug 20 – Aug 27Aug 21 – Aug 28 Aug 27 – Sept 3Aug 28 – Sept 4 Sept 3 – Sept 10Sept 4 – Sept 11 Sept 10 – Sept 17Sept 11 – Sept 18 Sept 17 – Sept 24Sept 18 – Sept 25 Sept 24– Oct 1Sept 25– Oct 2 Oct 1 – Oct 8Oct 2 – Oct 9 Oct 8 – Oct 15 Oct 9 – Oct 16 Oct 15 – Oct 22 Oct 16 – Oct 23 Oct 22 – Oct 29 Oct 23 – Oct 30 Oct 29 – Nov 5Oct 30 – Nov 6 Nov 5 – Nov 12Nov 6 – Nov 13 Nov 12 – Nov 19Nov 13 – Nov 20 Nov 19 – Nov 26Nov 20 – Nov 27 Nov 26 – Dec 3Nov 27 – Dec 4 Dec 3 – Dec 10Dec 4 – Dec 11 Dec 10 – Dec 17Dec 11 – Dec 18 Dec 17 – Dec 24Dec 18 – Dec 25 Dec 24 – Dec 31Dec 25 – Jan 1 Dec 31 – Jan 7Jan 1 – Jan 8

2005 2006

Sunday to Sunday (continued)

D E ST I N AT I O N S � Hyatt Vacation Club D E ST I N AT I O N S Hyatt Vacation Club

Week vacations with values up tothe total points in your account.

To calculate how many pointsyou will need for a Split Weekreservation, check the “SeasonWeek” number you’d like to travelon pages 6 and 7 to find thatweek’s corresponding season.Then consult the chart on this pageto determine how many points you

will need for a Split Week reservationin your choice of accommodationsduring that season.

For example, a three-night stayin a two-bedroom vacation condoduring diamond season requires1,320 points for a Split Weekreservation, where available,at any HVC destination.

Contact Member Services at

1-800-GO HYATT for informationon Split Week availabilities.

If your club membershipincludes a Floating Split Week with your vacation purchase,simply make your Floating SplitWeek reservation, as usual,during your Home ResortPreference Period by calling1-800-GO HYATT.

Club Points required to reserve a Split Weekare subject to reasonable change by HVOIfrom time to time and without Club Memberconsent in the best interests of Members as awhole. A Club Member who uses Club Pointsto reserve a Split Week may use any remain-ing Club Points to reserve another availableWeek or Split Week. As a condition to receiv-ing a Split Week reservation confirmation, aClub member may be required to pay anadditional housekeeping fee and administra-tive fee to HVOI. HVOI may permit Club mem-bers to make Split Week reservations at otherClub Resorts or in increments of as little asone day pursuant to amendments to theseRules and Regulations from time to time.

ow you can expandthe flexibility of vacationownership by taking

advantage of “Split Week”reservation options. Split Weeks,which let you divide your vacationweek into any combination of 2, 3or 4 nights, are great options toutilize broken point balances or toextend a weekly stay.

Split Week reservation optionsvary by Hyatt Vacation Clubdestination as follows:Hyatt Mountain Lodge,Hyatt Main Street Station,Hyatt High Sierra Lodge andHyatt Hacienda del Mar.

2-Night Split Week: Tuesdayand Wednesday, or Thursdayand Friday nights

3-Night Split Week: Saturday,Sunday and Monday nights4-Night Split Week: Tuesday,Wednesday, Thursday andFriday nights.

Hyatt Sunset Harbor and HyattBeach House.

2-Night Split Week: Sundayand Monday or Tuesday andWednesday nights.3-Night Split Week: Thursday,Friday and Saturday nights.4-Night Split Week: Sunday,Monday, Tuesday andWednesday nights.

The Highlands Inn, A HyattVacation Club Resort;Hyatt Coconut Plantation;Hyatt Windward Pointe;Hyatt Piñon Pointe; and

Hyatt Wild Oak Ranch are basedupon check-in days, as follows:� For vacation weeks that beginand end on a Sunday:

2-Night Split Week: Sundayand Monday or Tuesday andWednesday nights.3-Night Split Week: Thursday,Friday and Saturday nights.4-Night Split Week: Sunday,Monday, Tuesday andWednesday nights.

� For vacation weeks that beginand end on a Saturday:

2-Night Split Week: Tuesdayand Wednesday or Thursdayand Friday nights.3-Night Split Week: Saturday,Sunday and Monday nights.4-Night Split Week: Tuesday,

Wednesday, Thursday andFriday nights.

� For vacation weeks that beginand end on a Friday (currentlyavailable only at Hyatt PiñonPointe and Hyatt Wild Oak Ranch):

2-Night Split Week: Mondayand Tuesday or Wednesdayand Thursday nights.3-Night Split Week: Friday,Saturday and Sunday nights.4-Night Split Week: Monday,Tuesday, Wednesday andThursday nights.

To reserve a Split Week, simplyconvert your fixed week vacation topoints. The points you receive willdepend on the size of the unit andseason week purchased. Consultyour member statement for infor-mation on reservation windows andavailable points in your account.Remaining points may be used toreserve available Week or Split

S P L I T W E E K S

Split weeks offer options for 2, 3 & 4 night vacation stays

Upon returning to the lodge, burnoff that adrenalin rush in the exer-cise facility at the nearby Hyattresort, then enjoy a view of the lakefrom the bar at the Lone Eagle Grill.

DAY THREEAlpine Meadows or Northstar

are great choices for another skiday. Stop by the clubhouse forcontinental breakfast and anupdate on snow conditions.

Both resorts have shuttles leavingfrom the Hyatt resort at about 8 a.m.,returning after the lifts close. Bothoffer equipment rentals, lessonsand a wide range of ski and snow-board terrain. After working up anappetite on the slopes, savor thefine dining experience at the LoneEagle Grill. Then enjoy after-dinnercoffee in front of the fire or a nicesoak in the lodge’s spa tub.

DAY FOURTake a day off and re-awaken

the senses at Hyatt Regency LakeTahoe’s Stillwater Spa. Services tochoose from include Ashiatsu“Barefoot” Massage, Sierra StoneMassage, Tahoe Blend Scrubs,Mountain Rain Herbal Wrap andeven a Caviar Facial with AcuLiftMassage. Guests can relax in thetranquility of the spa and enjoy theafter effects of the treatment.Later, a sleigh ride over a snow-covered meadow enhances thatrelaxed state of mind. An eveningat La Fondue, just a short walkfrom the lodge, is the perfect endto a peaceful day. Don’t forget toorder chocolate fondue for dessert.

DAY FIVECross-country skiing is another

wonderful way to enjoy the back-country. The trails at Spooner Lakehave rugged views and include

one of the area’s longest highcountry routes. Take a picnic andstop on the trail for rest andrefreshments. Several shops intown can help prepare a picnicbasket. Upon returning to theLodge, stop in and join the wineand cheese party, where ownersmeet to share vacation and diningexperiences.

DAY SIXStart the morning with one of

the yoga classes taught at theLodge’s recreation center. Thentake a drive to Truckee, the oldestHigh Sierra town in California.

Much of the original town hasbeen preserved, and there areseveral historic walks to enjoy.The main street provides manyshopping and lunch options.Truckee features a wide varietyof live music in the town’s restau-rants and bars. Just west ofdowntown is the Donner MemorialState Park and Museum.

DAY SEVENSpend the final day of the

vacation at Squaw Valley, homeof the 1960 Olympics. The tram toHigh Camp offers breathtakingviews. At the top, visitors will find anice-skating rink, swimming pool andrestaurants. Back at the base of themountain, The Village at SquawValley is home to a wide variety ofshopping, including fine jewelry,wines, art and seasonal fashions.Be sure to pick up some LakeTahoe logo wear to take home.

With so much to see and do,a week at Lake Tahoe can go byin a blur. Whatever wonders await,you’ll quickly find there are morecolors at Tahoe than blue.

DAY ONEThe perfect start to a wintertime

stay is a day at the local ski resort,Diamond Peak. The shuttle tonearby lifts runs every half-hourand makes for a convenient and

relaxing snow day. Diamond Peakis a great family ski area and hasan excellent ski and snowboardschool for kids and adults. At theend of the day, return to theLodge and prepare an après-ski

dinner in the fully equippedkitchen, order room service orenjoy dinner in one of the Hyattresort’s restaurants. The Hyattcasino is open 24 hours a day forthose ready for games of chance.

DAY TWOFor picture-perfect views, try a

snowmobile tour. It can be athrilling ride and a great way toget out into the backcountry.Plus, a snowmobile tour presentsa wonderful opportunity for amateurphotographers. Local tour compa-nies can provide everything youneed for a cozy ride, includingwarm and waterproof clothing.

H Y A T T H I G H S I E R R A L O D G E

A week at Lake TahoeEscape for the stars, the sun and the snow at this winter playground.

N

ahoe is so much more thanthe world famous blue lake.Lush green forests surround

the basin, and there are few sightsmore soothing than watching thewind stir the branches, rustling thelong needles of a nearby pine tree.

The gray granite peaks that rimthe valley are like brooding sentinels,keeping the outside world at bay.Summer is a glorious time, with so much to do…boating, biking, hiking, golf, to name a few activities.But when winter comes and the skies fill with whitesnowflakes the size of goose feathers, the basin istransformed into a winter playground.

Hyatt High Sierra Lodge is located in Incline

Village, Nev., where locals are usedto seeing two kinds of stars. The crisp,clean night air makes those aboveseem close enough to touch. And theother sort, the celebrities who visit, area common sight also. Here, they canrelax knowing that everyone is treatedwith the same gracious hospitality.So even if you were Employee of theMonth back home, don’t worry,

you won’t be pestered for your autograph.The lodge is adjacent to Hyatt Regency Lake Tahoe

Resort & Casino, so gaming, dining, shopping andrelaxing spa treatments are just steps away. And theNorth Shore of Lake Tahoe offers a great variety ofwinter activities within a short drive.

T

F U L L & S P L I T W E E K P O I N T V A L U E S

DIAMOND 2950 1770 1180 590 2200 1320 880 440 1450 870 580 290 750 450 300 150

PLATINUM 2680 1600 1080 540 2000 1200 800 400 1320 800 520 260 680 400 280 140

GOLD 2520 1500 1020 510 1880 1120 760 380 1240 740 500 250 640 380 260 130

SILVER 1880 1220 660 330 1400 920 480 240 920 620 300 150 480 300 180 90

BRONZE 1730 1170 560 280 1300 880 420 210 870 590 280 140 430 290 140 70

COPPER 1460 1000 460 230 1100 760 340 170 740 520 220 110 360 240 120 60

MOUNTAIN 270 190 80 40 200 140 60 30 130 90 40 20 70 50 20 10

3 BEDROOM 2 BEDROOM 1 BEDROOM STUDIO Full 3 Night 4 Night 2 Night Full 3 NIght 4 Night 2 Night Full 3 Night 4 Night 2 NIght Full 3 Night 4 Night 2 Night

Week Weekend Midweek Midweek Week Weekend Midweek Midweek Week Weekend Midweek Midweek Week Weekend Midweek Midweek

SEASON

andy Wagda loves theflexibility of multiple-weekownership at Hyatt

Vacation Clubs so much, thequestion about buying anotherweek isn’t if, but when.

Wagda, of Danville, Calif.,owns three weeks at Hyatt HighSierra Lodge in Incline Village,Nev., and two weeks at HighlandsInn in Carmel, Calif.

“Less than five years ago,we got an invite from High Sierra,fell in love with the place and gotstarted,” says Wagda, who’s sincebeen dubbed “The TimeshareQueen” by her husband. “We likedthe resort so much, we soonbought a second and third week.Then, Highlands Inn opened acouple years of ago ... Once youhave one, it’s hard to stop.”

Exchanges allow owners tostay in the luxurious residential-style condo of their choice, withthe option to convert unused timeinto points that can used toexplore other HVC locationsthroughout North America—

and worldwide through exchangeswith Interval International.

So far, the Wagdas have visitednine Hyatt Vacation Club resorts.

“We convert our weeks anduse the extra time to try otherlocations,” Wagda says. “The pointsystem is terrific. We try to getaround, mix it up and really useall of the resorts.”

Wagda’s entire family flies to aresort of choice for Thanksgiving—so far the holiday festivities havebeen held twice at Hyatt MountainLodge in Beaver Creek, Colo., andin 2004 the family headed for HyattHacienda del Mar in Puerto Rico.

GREAT MEMORIESWagda and her family also

recall plenty of great memories atlocations such as Hyatt CoconutPlantation in Bonita Springs, Fla.She adds that HVC’s Key Westproperties are “terrific for fishing,boating or anything,” and she’seager to see the new Hyatt PiñonPointe in Arizona. “I hear Sedonais beautiful!”

Overall, Wagda believes HyattVacation Club’s greatest featuresare value and flexibility.

“It’s well priced, especially ifyou consider the costs of typicalhotel rooms,” she says. “I usedto dislike timeshares, but they’vecome a long way. With Hyatt,you have options to move around,trade or sell. The longer you own,the more you can use the cluband make the most of your invest-ment. Also, the one-time purchaseprice combats inflation, andmembership is transferable toowners’ children and grandkids.”

Proximity has been anotherfactor in Wagda’s purchases.

“If we didn’t fly, we could easilydrive to either of our resorts,”Wagda says. “Carmel is closer,but Tahoe is less than two hoursaway, so it’s perfect for a getaway.We just split weeks and week-ends. The flexibility is great for athree-day weekend or a four-daymidweek trip.”

With new resorts in Texas andArizona, more people than evercan take advantage of such quickgetaways with their HVC points.

For the Wagdas and theirfamily, another key benefit is thespaciousness of HVC’s large, fullyappointed condo units.

“We need room to stretch out,”

Wagda says. “Hyatt has a lot of room,with the living room, kitchen, one tothree bedrooms, whatever we want.We’ve booked a three-bedroom atBeaver Creek for the whole familyduring Thanksgiving. We ski, go out,cook turkey. It’s fun to get away andtake everyone with us.”

When visiting a resort, the Wagdasoften venture everywhere they can,even if they must rely on their feet.At Hyatt Hacienda del Mar, the familyopted to not book a rental car.

“Instead we explored Puerto Rico indetail hiking and biking,” Wagda says.“There was a lot more than you think—including a beautiful beach for the kids.”

‘STORE THE REST AS POINTS’Wagda family excursions aren’t

exclusive to holidays. While they oftenvary their bookings from one year tothe next, the week after Labor Day isreserved for Lake Tahoe.

“After the tourists leave, it’s niceand quiet. Every year we take out aboat to cruise on the lake. We knowand love our penthouse unit, but weuse only that one week at InclineVillage. We store the rest as points.”

Sandy and her husband, Joe, both work, so they must juggle theirschedules to use all five weeks. Butthey won’t be doing so for long.

“We’re close to retirement age—then we’ll travel more and spendlots of time with our grandchildren,”Wagda says. “These resorts are goodfor young families with small children.I only wish we had started buyingwhen our kids were younger.”

D E ST I N AT I O N S Hyatt Vacation Club D E ST I N AT I O N S Hyatt Vacation Club

O W N E R S P O T L I G H T

‘Timeshare Queen’ hasvast empire to explore

Owning multiple weeks allowsSandy Wagda and her family to experience

Hyatt Vacation Club from coast to coast.

S

E M P L O Y E E P R O F I L E

‘Second career’in full bloom in desert

Resort manager Logan takes his expertise west to Hyatt Piñon Pointe.

10 11

etirement is an important life goal formany people. But one Hyatt VacationClub employee found it was simply a

brief stop on the way to a fulfilling career assistingHVC owners—from Key West and Puerto Ricoall the way to Sedona, Ariz.

“I thought that when I retired, my wife and Iwould live on a boat and spend a lot of timewith family,” says Connie Logan, resort managerat Hyatt Piñon Pointe. “Little did I know, I wouldfind a role with HVC that fit me much betterthan retirement.”

After a 29-yearcareer as an executivewith the AmericanAutomobile Association(AAA), Logan movedin 1997 to Key West,where restlessnessprompted him to take aposition at Hyatt BeachHouse. Longtime HVCowners will recall Loganas a helpful presencebehind the front deskat the resort. Soon, histalent for understandingtravelers’ needs wasrecognized as anuntapped resource—and thus beganLogan’s “second career.”

Logan moved first to another Key Westproperty, Hyatt Sunset Harbor, and then toHyatt Hacienda del Mar in Puerto Rico, wherehe served as resort manager. In 2003,he headed west to Hyatt Piñon Pointe in Arizonafor that property’s grand opening. Along theway, he has come to appreciate each HVCresort and its surroundings.

EVERY RESORT IS UNIQUE“All the locations are outstanding,”

Logan says, adding that he still speaks withowners he first met in Key West and PuertoRico. “Hyatt builds beautiful resorts, and eachone is unique, with its own individual specialties.”

As his latest stop with HVC, Hyatt PiñonPointe is quite naturally Logan’s current favorite.

“As a native of the East Coast, moving to the

desert was a drastic change,” Logan says.“Not to mention, my wife and I love the water.But we also knew that Sedona was ranked asone of the most beautiful spots in America.We’ve found that to be true, and we’ve fallenin love with the place, as most everyone does.”

Sedona is a thriving artist colony withgalleries, shops and fine dining. “Everythingis close by, and owners have plenty from whichto choose,” Logan says.

Natural beauty is a top attraction, too.“When you drive

into Sedona, the pictur-esque scenery is aweinspiring,” Logan says.“Suddenly, the redrocks rise straight upand give you chills.The beauty and energyof the desert has thateffect on everybody.”

Beyond reveling inthe red rocks and thearea’s famous sunsets,a variety of activitieskeep visitors busy.

Logan recommendshiking for its scenicviews and wildlife toobserve. Anotheroption is to fly above it

all on one of the popular hot-air balloon tours.“But the Jeep tours driving into the rocks are

a big highlight,” Logan says. “You can learn thehistory of the ancient ruins, visit the highest peakand see the layers formed through the centuries.”

Logan also is proud of being part of theteam that opened Hyatt Piñon Pointe. Currently,75 luxury condominium units are open at the resort,with the final phase due for completion in 2005.

“At Piñon Pointe, we have kids and familyactivities, a pool and spa, and even our ownretail area,” Logan says “Old Town (withSedona’s collection of distinctive shops) is outour back door, and more fun stuff is in the front.”

All of that—plus Logan and his dedicatedstaff—are there for the satisfaction of HVC owners.

“This is their home away from home, andwe’re here to help,” Logan says. “It’s importantfor them to enjoy their vacation.”

LATEST STOP: Connie Logan, resortmanager at Hyatt Piñon Pointe in Sedona, Ariz.

PRESENTING The Wagda family at Hyatt Mountain Lodge in Avon,Colo. Front left to right: Allison, Paula. Back left to right: Joe, Anna,Joe III, Sandy, Don.

R

hen you speak, we atHyatt Vacation Clublisten. That’s why

we’re currently poring over theresults of a survey of HVC ownersconducted in summer 2004.

The survey, conducted via

email and the Internet, askedowners to rate on a five-point scaletheir satisfaction with HVC in suchclub benefits as the quality andlocation of resorts, affordability,and the ease of using HVC’s pointssystem to make exchanges.

“These days, it’s essential toconduct research via the Internet,because we can compile theresults much more quickly,”says Ed Crovo, vice presidentof operations, Hyatt VacationOwnership, Inc. “That way, we canuse the information to implementchanges and enhancements whilethe data is still highly relevant.”

And because Hyatt VacationClub will continue to conduct emailsurveys of its owners, it’s moreimportant than ever to send your

email address to us. You canupdate your profile online athyattvacationclub.com, send emailto support@hyattvacationclub.com,call Member Services at1-800- 340-9997 or provide youraddress at the front desk of anyHyatt Vacation Club resort. It’s theway to make sure your voice isheard when HVC considers futureimprovements—from propertydevelopment to in-unit servicesand amenities.

Based on preliminary results

H V C O N L I N E

Survey says...and HVC listensSend your email address to Hyatt Vacation Club

and make sure your opinion is heard.

from the recent survey, HVC alreadyis planning new initiatives to enhancemembers’ vacation ownershipexperiences, including a streamlinedreservations process and communica-tions aimed at making the HVC pointsystem easier to understand.

“The most relevant changes thatwe can make are the ones based onthe feedback of Hyatt Vacation Clubowners,” Crovo says. “We’re excitedabout all the enhancements we’ll berolling out in 2005 and beyond.”

W

A T Y O U R S E R V I C E

HYATT VACATION CLUB450 Carillon Parkway, Suite 210St. Petersburg, FL 33716Telephone: (727) 803-9400Fax: (727) 803-9402www.hyattvacationclub.com

Reservations: 1-800-GO HYATT�

Member Services: 1-800-340-9997

Rentals: 1-800-926-4447

Sales Telephone NumbersHyatt Sunset HarborHyatt Beach HouseHyatt Windward PointeKey West, FloridaPreview Center: (305) 294-1600Toll Free: 1-866-366-1600

Hyatt Mountain LodgeBeaver Creek, ColoradoResale Center: (970) 949-5811Toll Free: 1-800-962-5920www.intervalownership.biz

Hyatt Main Street StationBreckenridge, ColoradoPreview Center: 1-800-869-9172

Hyatt High Sierra LodgeLake Tahoe, NevadaPreview Center: (775) 832-3000Toll Free: 1-866-616-1600

Hyatt Hacienda del MarDorado, Puerto RicoPreview Center: (787) 278-1600Toll Free: 1-866-566-1600

Highlands Inn, a Hyatt Vacation Club ResortCarmel, CaliforniaPreview Center: 1-866-299-2201

Hyatt Coconut PlantationNaples, FloridaPreview Center: (239) 390-5340Toll Free: 1-866-295-4955

Hyatt Piñon PointeSedona, ArizonaPreview Center: 1-800-637-6618

Hyatt Wild Oak RanchSan Antonio Hill Country, Texas Preview Center: (210) 647-9500Toll Free: 1-800-494-2401

NEW RESORT COMING SOONHyatt Grand AspenAspen, Colorado (December 2005)Preview Center: (970) 920-3204

Hyatt Vacation Club450 Carillon Parkway, Suite 210St. Petersburg, FL 33716

F R E Q U E N T L Y A S K E D Q U E S T I O N S

Each day, the dedicated Hyatt Vacation Clubstaff is available to field questions from HyattVacation Club owners. Following are a fewcommon inquiries and answers that will help you.

What are the hours of operation for 1-800-GO-HYATT and Member Services?

For your convenience1-800-GO-HYATT is open7 days a week. Hours ofoperation are 9 a.m. to10 p.m. (ET) Mondaythrough Friday and 9 a.m.to 7 p.m. (ET) Saturdayand Sunday. MemberServices representativesare available 9 a.m. to5 p.m. (ET) Mondaythrough Friday.

What if I cancel my club reservation?Cancellations of confirmed reservations may

be made at any time up to the day before arrival.There is a $49 fee to cancel a reservation.Reservations canceled more than 60 days priorto arrival will restore any points back into the

Club Use Period. Reservations canceled lessthan 60 days before arrival will result in pointsbeing restricted for use within Hyatt Vacation Club.Please be advised points will not be restored whenyou cancel a reservation made with points thatwould otherwise expire at that time.

Where do I callregarding airfares,car rentals and travelarrangements?

Through ouralliance with IntervalTravel we can assistyou with transportationto any destination,anytime. Simply call1-800-GO-HYATT.

Can I make areservation at an HVC property withoutusing points?

Members of the Hyatt Vacation Club areentitled to a 40% discount off the prevailingrate at any HVC property. To reserve a rental,call 1-800-GO-HYATT (800-464-9288).

Because 2004 was a leap year, which added a29th day in February, it will shift calendar dates for2005 club occupancies. Because many ownerspurchase vacations around birthdays andholidays, the shift may change dates they wouldnormally expect to arrive at their home resorts.

For example, if you own Week 7 (PresidentsDay Week) in 2005, you would need to make a

Club Use reservation for Week 8. HVC recommends double-checking all 2005

arrival dates to be sure the calendar and yourreservation are in sync. Also, verify the timing offestivals and events with the visitors bureau orchamber of commerce. For information about 2005arrival dates or changing your reservation, pleasecontact member services at 1-800-GO-HYATT.

ADDRESS SERVICEREQUESTED

PRESORTED STANDARD

U.S. POSTAGE PAIDCHICAGO, IL

PERMIT NO. 44

John D. Sample123 AnystreetAnytown, USA 99999-9999FPO

HVC CONCIERGEAn added feature of our MemberServices Department is the HyattVacation Club Concierge.Share your comments with us orlet us answer your HVC questionsonline anytime. Contact us atconcierge@hyattvacationclub.com

Leap year affects 2005 travel dates

The articles and opinions in this publication are for general information only and are not intended to provide specific advice or recommendationsfor any individual. For specific details on Hyatt Vacation Club programs, properties and facilities, please refer to the Hyatt Vacation ClubRules & Regulations or contact Member Services. Entire publication © 2004 Hyatt Vacation Ownership, Inc. All rights reserved.