My mom and stepdad own a Hilton Grand Vacations Club timeshare. Their homebase is Oahu, Hawaii. These timeshares are absolutely gorgeous. Very well appointed. There are 2 HGVC's in Orlando. One is near Sea Wrold I think and the other is brand new and near Disney property. They both look beautiful from te website info. They are at the Platinum level, I believe. Which guarantees them a 2 bedroom in Hawaii in Peak season - it equates out to 7000 points. If they went one bedroom in off peak season the poins are only 3800 or so. Hilton has a large network of other properties besides HGVC properties. You just use your yearly points toward these properties.
But I think the absolute best thing about HGVC is that beyond their points they can reserve a timeshare room for family, friends, etc. at a very discounted rate.
For example. They reserved their 2 bedroom condo in November using their points. My Aunt and her boyfriend wanted their own room so my mom was able to get a 1 bedroom room in the time share building for $100 a night!! The hotel rooms at the Hilton Hawaiian Village go for upwards of $275 per night and thats a hotel room, not a condo. The 1 and 2 bedrooms are huge. In all there were 10 of us that went and we fit comfortably in the 1 and 2 bedrooms. The 2 bedroom sleeps 6 - Master bedroom, twin beds in 2nd room, and pull out sofa. They will even bring up rollaways for more people. We could have easily fit 2 more people on rollaways in each room.
They are not limited to getting these rooms just at their resort either. The HGVC locations were mainly in FLorida, but had one in Colorado, 2 in Vegas, 2 in Hawaii and 1 in Scotland, I think!!
My mom and her husband are huge Disney fanatics and chose Hilton over Disney - their thoughts were that
Disneyland does not have the DVC and they are able to stay all sorts of different places along with staying different places on Disney property if they go to WDW.
I actually own both. 
