Abolutely; complete hogwash.

The ability to convert award stays from points to FFN's and the ability to reserve award stays in advance are benefits allowed by HGP, and one that is frequently used by their best customers (those with the most points). To change this would be a reduction in benefits, pure and simple. And would be to the advantage of guests who stay less, earn less, and spend less with Hyatt for the most part.

The idea is ludicrous.