Originally Posted by
Boraxo
The location is a bit of a hike from the resorts, but you can get to Northstar in 20 minutes and Squaw in about 40. I don't think I'd want to do that for an entire week, but no big deal for a weekend. If you want to be closer you can certainly find hotels in Truckee and Tahoe City but none are up to Hyatt standards. The villages at northstar and squaw have some great high-end properties but you'll pay a nice premium, and there are no FFNs or chain benefits anywhere.
You can try the new Hyatt Vacation Club property at Northstar and as announced last year, HVCs give stay credit and points now. And you can redeem NBT free nights (I redeemed at HVC Aspen). But for NBT, availability seems limited, at least judging from my discussions with Hyatt agents while making reservations.