Originally Posted by
m0hamed
I can inform you that if someone checks into the Park Hyatt Sydney on a discounted corporate code, and I try to book a revenue stay, my rate will be higher than had they not used the code in order to stabilise the average room rate. This will occur at all Hyatt properties that operate with a floating rate of the day based on availability. So it does indeed affect you.
Never realized that they have such policy. Interesting. Maybe Park Hyatt Sydney is different, but how can they be certain that all their room inventory will be sold at new higher rate to achieve their target average room rate? If they are so confident, why do their even bother to sign a discounted corporate contract to began with? Or at least reduced the corporate discount they agreed to?
As a matter of fact, I was just checking rates for Park Hyatt Sydney, "NC12624" produce rates that's half-price from public available rate. It turns out I could book the date I wanted with BWB and GP points for my dates, so it's moot. But it was very eye opening.