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Old Mar 15, 2015, 10:56 am
  #1805  
meecal
 
Join Date: Feb 2004
Programs: IHG Spire Elite; Hyatt Platinum; SPG Preferred+; Club Carlson Gold; SW CP
Posts: 674
Originally Posted by JetAway
My understanding is that you get the points back but pay the cancellation penalty in $$.
That's my understanding also. Here's the verbiage from the Hyatt T&C page (http://www.hyatt.com/hyatt/customer-...conditions.jsp):

4. Hyatt Gold Passport award reservations are subject to the reservation requirements of the individual hotel, such as length of stay. Hyatt Gold Passport award reservations are subject to the cancellation policy of the individual property at which member is redeeming an award. If member does not follow proper hotel cancellation policy or if member does not check into the hotel, the credit card provided with the reservation will be charged in accordance with the hotel’s cancellation or no-show policy. These policies vary by hotel and each hotel’s cancellation policy can be found on the hotel’s website on hyatt.com, by calling the hotel directly, or by contacting the local Worldwide Reservation Center.

Still probably worth a call to the hotel to hotel to confirm. Or better yet, an email, so that the response is documented.
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