Should I rebook with the P&C Feature?
Jan 7, 2014, 3:10 pm
#1
Original Poster
Join Date: Jun 2013
Location: IAH
Programs: Hyatt Globalist, SPG Platinum, Hilton Diamond, A3 Gold
Posts: 601
Should I rebook with the P&C Feature?
I booked 1 night at the Park Hyatt Seoul at pre-devaluation rates.
Would it make sense to rebook it with the Points & Cash feature (if available)?
Park Seoul
Old Rate: 15,000
New Rate: 15,000
P&C Rate: 7,500 + $100 (1.33 cents/point)
Taxes are about 10% at this hotel, so I'd assume that the $100 would be taxed at the same rate. Is that a reasonable assumption? So I'd be paying a total of $110 for 7,500 points, which comes down to 1.47 cents/point. I value Hyatt points at more than that. So I assume this is a no-brainer and I should rebook with the Points & Cash feature.
Thoughts? Am I missing something?
Would it make sense to rebook it with the Points & Cash feature (if available)?
Park Seoul
Old Rate: 15,000
New Rate: 15,000
P&C Rate: 7,500 + $100 (1.33 cents/point)
Taxes are about 10% at this hotel, so I'd assume that the $100 would be taxed at the same rate. Is that a reasonable assumption? So I'd be paying a total of $110 for 7,500 points, which comes down to 1.47 cents/point. I value Hyatt points at more than that. So I assume this is a no-brainer and I should rebook with the Points & Cash feature.
Thoughts? Am I missing something?
Jan 7, 2014, 3:12 pm
#2
Join Date: Mar 2010
Location: SAN
Programs: Hyatt Globalist, American Air, National Car
Posts: 1,131
I booked 1 night at the Park Hyatt Seoul at pre-devaluation rates.
Would it make sense to rebook it with the Points & Cash feature (if available)?
Park Seoul
Old Rate: 15,000
New Rate: 15,000
P&C Rate: 7,500 + $100 (1.33 cents/point)
Taxes are about 10% at this hotel, so I'd assume that the $100 would be taxed at the same rate. Is that a reasonable assumption? So I'd be paying a total of $110 for 7,500 points, which comes down to 1.47 cents/point. I value Hyatt points at more than that. So I assume this is a no-brainer and I should rebook with the Points & Cash feature.
Thoughts? Am I missing something?
Would it make sense to rebook it with the Points & Cash feature (if available)?
Park Seoul
Old Rate: 15,000
New Rate: 15,000
P&C Rate: 7,500 + $100 (1.33 cents/point)
Taxes are about 10% at this hotel, so I'd assume that the $100 would be taxed at the same rate. Is that a reasonable assumption? So I'd be paying a total of $110 for 7,500 points, which comes down to 1.47 cents/point. I value Hyatt points at more than that. So I assume this is a no-brainer and I should rebook with the Points & Cash feature.
Thoughts? Am I missing something?
Jan 7, 2014, 3:17 pm
#3
Original Poster
Join Date: Jun 2013
Location: IAH
Programs: Hyatt Globalist, SPG Platinum, Hilton Diamond, A3 Gold
Posts: 601
Ok.
I forgot to mention, there is no way that I will stay 25 times or 50 nights at Hyatt this year. So the stay/night credit has zero value to me. I already have Platinum status through the credit card.
By the way, the hotel is not showing a My Elite rate. The refundable Hyatt Daily Rate is $447.45 including taxes. So it's about 3 cents/point.
I forgot to mention, there is no way that I will stay 25 times or 50 nights at Hyatt this year. So the stay/night credit has zero value to me. I already have Platinum status through the credit card.
By the way, the hotel is not showing a My Elite rate. The refundable Hyatt Daily Rate is $447.45 including taxes. So it's about 3 cents/point.
Jan 8, 2014, 1:26 am
#6
Join Date: Jan 2012
Location: Osaka
Programs: Hyatt Explorist, Hilton Gold, UA
Posts: 3,158
Jan 8, 2014, 8:57 am
#7
Original Poster
Join Date: Jun 2013
Location: IAH
Programs: Hyatt Globalist, SPG Platinum, Hilton Diamond, A3 Gold
Posts: 601
Jan 10, 2014, 1:46 am
#8
FlyerTalk Evangelist
Join Date: Dec 2002
Location: Danville, CA, USA;
Programs: UA 1MM, WN CP, Marriott LT Plat, Hilton Gold, IC Plat
Posts: 15,720
The answer is NO for Incline Village (Lake Tahoe): $142/nt v. $125 + 10k 
Similarly NOT a good deal for Park Hyatt Tokyo on weekdays: $371/nt v. $300 + 15k
Of course Incline is rarely a good value on points, as contrasted to Tokyo where 22k/nt used to provide a decent value at an expensive property.
I am planning to rebook my Andaz5thAve rez- I'd rather pay $150+12.5k v. 22k/nt much less $555nt! Still not as good as those days when I could snag a room at the Waldorf-Astoria for $99 on priceline!
Similarly NOT a good deal for Park Hyatt Tokyo on weekdays: $371/nt v. $300 + 15k
Of course Incline is rarely a good value on points, as contrasted to Tokyo where 22k/nt used to provide a decent value at an expensive property.
I am planning to rebook my Andaz5thAve rez- I'd rather pay $150+12.5k v. 22k/nt much less $555nt! Still not as good as those days when I could snag a room at the Waldorf-Astoria for $99 on priceline!
Last edited by Boraxo; Jan 10, 2014 at 1:51 am