PRESS RELEASE

Hi Mark,



As the World of Hyatt team continues listening to members, I wanted to share a heads up about two announcements we’ll be making tomorrow in direct response to member feedback. Both announcements are under embargo until tomorrow, June 1, at 9:00am CT/ 10:00am ET.



Elite Tier Award Validity Changes

World of Hyatt is extending the validity period for suite upgrade awards that members earn when they satisfy tier qualifying night or Base Point earning requirements within a calendar year, as well as for the 4 Club Lounge access awards that Explorists earn per year. For 2018 and beyond these awards will be valid through the member’s tier expiration date at the time they are earned, as opposed to 365 days. This means members’ awards earned in 2018 will expire February 29, 2020.



Upon achieving Lifetime Globalist status, members will receive four suite upgrade awards valid through the remainder of that year plus 14 months. Annually, Lifetime Globalists will receive four suite upgrade awards on or around March 1 valid for the remainder of that year plus 14 months. In addition, Lifetime Globalists who stay 60 qualifying nights or earn 100,000 Base Points in a calendar year will receive four additional suite upgrade awards that are valid for the remainder of the year they are earned plus 14 months.



Members will be able to see the extended expiration period on their 2018 awards reflected in their World of Hyatt account on June 1, 2018. These changes will also be reflected in the award program terms. Changes to the full program terms and Frequently Asked Questions will be updated shortly.



World of Hyatt was built around continuously listening to our members, and we heard a desire for more flexibility when it comes to award benefits. That’s why earlier this year we rolled out award nights counting toward tier status and extending the expiration period on free night awards, and now members will have even more flexibility when it comes to enjoying their well-earned rewards.