Originally Posted by
mmgm
Please help me understand that Hyatt says $200000 spend is required but you think half of that should suffice.
I think what he means is that, if you spend $100K over 10 consecutive years, that should count as much as $200K over 15, 20, or more years.
Some way to encourage sustained high levels of spend does make some sense (especially with the time value of money and such) but 5% per year is probably too much.