how recent was the devaluation?
#1
Original Poster
Join Date: Nov 2006
Location: LAX
Posts: 2,851
how recent was the devaluation?
I am deciding whether to apply for the Hyatt or Marriott card. Just want to know what date was the last devaluation and how often does this usually happen?
TIA
TIA
#2
FlyerTalk Evangelist
Join Date: Sep 2007
Location: BOS
Programs: DL DM 2MM, Marriott LT Titanium, Hertz PC, Avis PC
Posts: 15,198
Hotel category updates occur. The announcement of the next one should be within a few months.
#3
Join Date: Oct 2001
Programs: LTP, PP
Posts: 8,698
Half of us will offer complex calculations supporting the move as necessary to keep up with inflation and lecture the other half of us about hoarding points for future years instead of traveling even more during our busy point earning years.
Just my cynical (and years of experience) point of view, yours will vary. No idea how bad/good Hyatt is from real practical perspective.
Last edited by joshua362; Feb 12, 2016 at 9:01 am
#4
Join Date: May 2005
Programs: Marriott LT Titanium, Hilton LT Diamond, AA LT Platinum
Posts: 426
Hey, didn't you hear? There is no inflation and the risk is deflation. The Federal Reserve says there is no inflation and we need more inflation. So I guess the annual devaluations are only a mirage and really don't exist.
#5
A FlyerTalk Posting Legend
Join Date: Jul 2002
Location: MCI
Programs: AA Gold 1MM, AS MVP, UA Silver, WN A-List, Marriott LT Titanium, HH Diamond
Posts: 52,574
There are two kinds of hotel devaluation: structural program changes (semi-rare) and hotel category creep (annual).
Marriott's structure as a program has been pretty stable for a few years. The last structural "devaluation" (IMHO, about 7% for a Platinum member) was a few years ago when they removed the two-tier redemption. But in the "new" program, I've actually had better luck redeeming awards, so I won't complain about that 7% (The two-tier era was frustrating, because I'd frequently find a string of 7 nights broken up by one or two with no availability.)
The biggest risk to a structural devaluation with Marriott is if they try to do something creative when they ingest the Starwood members and properties into MR. That said, my bigger concern is for my 200,000+ Starpoints, which I personally enjoy using at about 3x the value per point as a Marriott point.
I'll worry about that in a year. Won't affect 2016.
#6
Original Poster
Join Date: Nov 2006
Location: LAX
Posts: 2,851
"Easy answer for you: get both cards. Both pay for themselves and then some."
It depends if I can be approved for both automatically . With the rumored 5/24 coming in April (hoping it is the end of April), not sure if I apply for the Marriott today, I will be approved for the Hyatt just b4 the cut off date in April. I am concern about the number of inquires which is 6 presently.
I won't be able to use the 2 free hyatt nights till at least mid june 2017.
It depends if I can be approved for both automatically . With the rumored 5/24 coming in April (hoping it is the end of April), not sure if I apply for the Marriott today, I will be approved for the Hyatt just b4 the cut off date in April. I am concern about the number of inquires which is 6 presently.
I won't be able to use the 2 free hyatt nights till at least mid june 2017.
#7
Join Date: Jun 2007
Location: JAX
Programs: UA Plat MM, AA Gold MM, Marriott LTT, Hyatt Globalist
Posts: 3,770
If you cannot use Hyatt free night certificates until mid June 2017, then you should delay the $1000 spend in 3 months that triggers the issuing of 2 free night certificates.
Category changes just announced yesterday.
Last edited by CIT85; Feb 18, 2016 at 7:17 am Reason: Category changes announced.