Originally Posted by
MikeFromTokyo
In that case I just hope that Hyatt can pull this off without devaluing the Points.
It sounds like something we can enjoy for the time being, but I am skeptical about this change. The capacity controls existed to protect revenues, so it looks like point devaluation (redemption rate increases) will be inevitable in the future as a result of this.
I am curious as to how this has affected SPG and other hotel programs. The only one I use is Hyatt, so I really don`t know.
It very well could be the case that the future will hold point devaluations becuase of this new policy. We can't have it all, right? We'll see, only time will tell.
As far as how it has affected other programs, Hilton and Marriott both recently implemented it within the past year or so. So probably too soon to tell. SPG has done it for quite some time now, and it has been a major advantage to their program. MANY people love SPG solely due to the fact that if there is a standard room available for sale then they can have it with points. Now that all the major chains have no capacity controls, I'm not sure it will bring tons of new business in for Hyatt (but I could be wrong), but it may stop GP members from defecting to the other chains. Who knows....