Buying Diamond Status
Now that Hyatt is counting Points + Cash towards elite status requirements. I am thinking about doing the Diamond challenge and “buying” Diamond status by booking 12 nights at a Category 1 Hyatt for 12x (2500 points + $50). Basically $1200 (valuing Hyatt points at 2 cents each). Does anyone have an opinion if this is worth it? I expect to stay at Hyatt hotels roughly +/-15 nights the following year. The value I’d equate to Diamond status for me would be:
1. Breakfast + RC drinks and snacks = $30/stay x 15 = $450
2. 4 Suite upgrades = $0 since I would only use Points or Points + Cash for all my stays
3. Room upgrades = No idea what to value this at since I am already a Platinum and get upgrades around 80% of the time. Can anyone place a dollar amount on the value of a Diamond upgrade vs. Platinum? Also, how often can I expect an upgrade as a Diamond?
Thanks!