Whether or not you qualified last year for hotel elite status, there are other options to get it. One of those is rather unorthodox: real estate investments or vacation timeshares.

Let’s start by saying, you shouldn’t invest in real estate or a vacation home just to achieve hotel elite status. That would be an expensive and low-value way to get it. But if you were already considering investing money in hotel-affiliated real estate properties or vacation programs, the offer for hotel elite status could move the needle.

More traditional paths toward hotel elite status

Real estate investments to fast-track your hotel elite status

Here are three different types of real estate investments or vacation rental programs where you can fast-track your hotel elite status in tandem with your purchase.

Andaz Turks & Caicos at Grace Bay (World of Hyatt)

Photo courtesy of Andaz Turks & Caicos

Residential buyers looking to invest in this impressive resort project on Grace Bay, recognized as one of the most beautiful beaches in the world, are awarded with World of Hyatt perks.

The Andaz Turks & Caicos at Grace Bay is still under construction, and it will be the first Caribbean-based Andaz property. As an incentive for buyers as they await their vacation home, the developer is awarding top-tier Globalist status for buyers who complete their purchase and sales agreements.

Buyers of studio and one-bedroom units receive Globalist status for one year, while those buying condo units with two or more bedrooms will receive two years of status. In addition, buyers get a stash of World of Hyatt points. Studio buyers enjoy a bonus of 50,000 points, while penthouse units come with 250,000 points.

Since the property is not slated to open until 2023, you can enjoy your Hyatt status in the meantime at other hotel properties.

Grand Wailea, A Waldorf Astoria Resort, Maui (Hilton Honors)

Photo courtesy of Grand Wailea, A Waldorf Astoria Resort, Maui

This popular resort on the Hawaiian island of Maui offers a membership program that allows guests a 30% discount on up to nine rooms or suites during their stay. Other benefits include discounts at the Ho’olei serviced villas and residences section of the resort, as well as holiday room rate discounts at the hotel.

Members also get Hilton Honors Gold status after paying the one-time membership fee as well as the annual fee. It costs $1,500 to join initially and then a $225 annual dues fee.

If you visit Grand Wailea regularly, membership in this program could yield substantial discounts off of the regular rate, as well as onsite savings on food, beverage and spa purchases. With room rates often approaching $1,000 per night, you can fairly quickly make up your membership cost with your 30% discount if you already frequent the island.

It could also benefit members with other travels if they stay with Hilton due to Honors Gold status. While the initial cost outlay is high, the savings can more than make up for it over many years (especially for families that book multiple rooms year after year) given the low annual cost after the first year. If you don’t plan to visit Grand Wailea each year, membership makes less sense.

Hilton Grand Vacations (Hilton Honors)

Ocean Enclave by Hilton Grand Vacations Club, in Myrtle Beach, South Carolina. Photo courtesy of Hilton Grand Vacations

By joining Hilton Grand Vacations Club, members can take advantage of Hilton Honors Gold or Diamond status (depending on their level of membership). This is a vacation ownership program that gives members access to HGV’s vacation properties around the world. Eligible locations include Hawaii, Italy, Japan, Mexico, Portugal, Scotland and around the continental United States.

Club members buy into the program at different levels, which award them a certain number of ClubPoints that they can redeem for reservations at HGV properties in various destinations.

Beyond the vacation club and its own membership levels, members are awarded annual Hilton Honors status (as long as they renew their membership) to use in their regular travels to any Hilton Honors-participating hotel or resort. Those who join the Elite or Plus categories earn Hilton Honors Gold status, while those who join the Premier level receive Hilton Honors’ top-tier Diamond status.

Invest in real estate and enjoy hotel perks

If you’re already looking to invest in real estate or a timeshare/vacation ownership, it might make sense to consider something that packages in elite status as part of the offer. While there are many ways to achieve hotel status without spending the night, this is one, albeit expensive, option worth considering for a small subset of travelers looking for additional benefits and who plan to spend already.

All information about the Hilton Honors American Express Aspire Card has been collected independently by NerdWallet. The Hilton Honors American Express Aspire Card is no longer available through NerdWallet.

How to Maximize Your Rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:

Previous articleShould You Sign Up for Medicare If You’re 65 and Still Working?
Next articleHow to Make the Most of Air Canada’s Economy Class

I would really love you to Leave a Reply and let me know what other content you would like from me. Thank You!

This site uses Akismet to reduce spam. Learn how your comment data is processed.