Originally Posted by slariz

A Hyatt point has always been worth more than a Marriott point. Frequent Miler blog values Hyatt points at $0.016 each, but Marriott points at $0.0075 each. You have to account for the ease of earning as well as the redemption rates. They aren't equivalent.

As a current Globalist and former SPG Ambassador, get away from Marriott if Hyatt has enough properties where you travel. That's really the only downside to Hyatt at this point - lack of properties or poor selection where you may need them.