Originally Posted by
synzero
The word is it will not be hands off at all. Hyatt corporate will decide peak vs off-peak for entire regions, hotels won’t get to set this themselves.
This was implied but then kinda contradicted from different reports that I read. One thing I believe is clear, however, is that Hyatt corp is the only party to benefit from these designations, not the properties themselves. Because their award reimbursements are set based on occupancy levels, they actually benefit far more from having awards used at higher occupancy levels than low (obviously cash paying customers is best). The addition of peak and off-peak just allows Hyatt corp to incentivize members to use our points at lower occupancy periods where the cost to Hyatt is lowest by a large margin, and minimize usage at high occupancy where the cost is highest. The hotel wont get any more money from a peak redemption vs a standard or off-peak (besides the occupancy differences of course, but that isn't causation)