FlyerTalk Forums - View Single Post - [GONE] Costco selling Hyatt Check Certificates (Not Applicable to Pre-paid Rates)
Old Dec 8, 2009 | 8:07 pm
  #96  
peteropny
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Originally Posted by ctownflyer
Sure it's a liability on the books (until it's decided what % will never be redeemed), but there's a reason companies push their GC's so hard. It improves free cash flow and locks the customer into a transaction with the company.
Yes I agree - but normally companies don't give 20% + discount on selling their GCs.
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