Extenstion of Hyatt Points

Old Feb 27, 2012, 10:34 pm
  #16  
 
Join Date: Jul 2001
Programs: Marriott LT Tit; Hyatt Explorist; Hilton CC Gold; IHG CC Plt; Hertz (MR) 5 star
Posts: 5,536
Firewind, accumulated points in loyalty programs are counted as a liability on corporate books. That's why many programs take them away on dormant accounts ... it increases quarterly profits on the balance sheet.
If you'd like to read a wonkish article on some of the accounting rules, here's a link: http://boardingarea.com/blogs/viewfr...lyer-programs/

This is why I put the caution that Hyatt could enforce this policy in the future.

I'm sure that there are similar accounting rules for the hotel programs.
iflyjetz is offline  
Old Feb 27, 2012, 11:57 pm
  #17  
 
Join Date: May 2006
Location: BOS and ...
Programs: UA 2MM, DL 500k, AA 500k, Hyatt GP 1M, HH Gold, Rad. Gold, CP Gold, Miracle Fruit-su Club
Posts: 9,950
iflyjetz, thank you. We share your basic premise.
Firewind is offline  

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