Inflation is a natural after effect of flooding the market with currency. In this case, the currency is points and elites. It's naive to think that Hyatt is going to offer the opportunity to earn its highest loyalty level for several hundred dollars ($50 HP stays with double credit), offer bonus points on top of bonus points, and that everything was going to remain the same.

I hate to sound harsh. But I earn my status whether or not there are promotions. Sure, I love promos too, and will always take advantage. But you can't have it both ways. You want no blackout dates and virtually unlimited award availability? Guess what? Prices are going up.

You can go anywhere you want. It's the same story everywhere. Aside from the bonuses, I've learned in the last two years how committed Hyatt has been to me as a customer. Despite the flooding of the elite ranks, Hyatt has provided me benefits that consistently make me feel like my business matters. That's why I stay loyal.