IME the award charts definitely protect me at high end city and resort properties that may go for $1k or more on peak dates. I would never spend $1k+ per night for a standard room but will gladly pay 90k Marriott (or 77k over 5 nights). Heck I won't even pay $500 per night when I have to buy 2 rooms for the family. I fully expect all of these sweet spots will all be gone once Bonvoy award charts are gone.

Look at Hilton - HH theoretically caps rooms at 95k, but I never find rooms at that price when I'm checking peak dates/locations - award nights are always priced higher. Heck I see crappy Hamptons priced at 70k for weekends due to location.

Yes 30k and even 40k per night are a bit tough to swallow at Hyatt. But even at those rates I can still stay free at properties that go for $1k+

For me this is the difference between airlines and hotels. I have great difficulty finding business class TATL and TPAC seats at "saver" award pricing for peak dates, and I simply don't have enough points to pay 200k or 300k one-way per seat. But I can still find the hotel equivalent at acceptable point pricing, though maybe not for much longer.