I agree ... In another thread about lessening the requirements for LTG, I said
"I don't know why Hyatt would make any changes to the qualification requirements for LT status. They've had essentially the same criteria for at least 20 years, and they've already made it simpler by removing the 10 years as a Diamond/Glob status requirement. I'd also argue it's easier to reach the 1000000 base point/$200K spend today than it was 20 years ago, simply because the average room rate is higher. What's in it for Hyatt to make attaining the status any easier ? How is it beneficial to Hyatt to have a larger population of LT Globs ?"
I don’t think anyone is arguing for Hyatt to lessen the requirements for LTG. I think 1,000,000 base points is reasonable for a Lifetime Status. I know some have “wished” it would include points nights stayed, but haven’t given a serious argument towards that.
On my end I think spending 200k with a hotel chain is a lot. I’d say I spend 5-8k a year on hotel stays. None of them business related some visiting family, and some vacations. So with that in mind it’d take me 35-40 years to reach. I’m not arguing to change that in any way. I think if I came into serious money somehow one of the first things I would do is stay long term at a top Hyatt spending 50k to boost my LTG meter, then again in a month or so. There’s no way to “cheat” LTG, whenever your spend hits 1 Million Base Points earned you’ll get it no sooner no later.
But anyone who wins the lottery or comes into over a Million Dollars I’d highly recommend just staying a couple weeks at a time at PH NYC or another top property. That investment (and amazing stay) will help you the rest of your life. I say that because I’ve known millionaires who’ve had it all and now make 50k a year, just the way of life. Things come and go but LTG is forever
At least that’s my viewpoint on it. And some may consider that “cheating” because they’re hitting half or more of the LTG requirements in a couple months versus the typical 10 years or stays and spend. But it’s completely legitimate and it’s my strong recommendation should anyone find themselves in that situation.