Originally Posted by
lsquare
I'm torn about this and I'm sort of debating whether to do this myself. Hilton is extending status again. I suspect Marriott will follow suit soon. Maybe as early as Q1 2021. Hyatt may have no choice but to extend status as well due to competitive pressure. I doubt international travel will resume until at least the summer of 2021. Without mass vaccination and intergovernmental agreements, the aviation sector won't recover. If people can't fly, the hotels can't fill up.
While that may hold true for European and Asian properties I feel like properties in the US and Latin America are doing fine. TSA Travel numbers show travel is at 50% of what it was last year. With governments only allowing 50% occupancy coupled with staff lay offs and a reduction in amenities a lot of properties are practically “sold out” (of their available 50% occupancy limit). I definitely only see this trend increasing rather than decreasing.
With all that said I don’t see Hyatt granting a further extension of status as it leaves no true incentive for their most loyal guests (Globalists) to stay with them. If things don’t pick up I can see them doing 1 more “Rollover Nights” promotion, but not outright status extension. I don’t have any doubt there will be some great promos in 2021 as well to incentivize guests to stay with them.