Im thinking of renting out a banquet hall at a HR. If one spends say $30000 + tax and fee, is the $30K considered base points?

How does these meetings go toward your status for the year with regards to "base points"?

I know it says the following:

As the meeting or event planner:

• Earn one Bonus Point per eligible U.S. dollar spent (up to 50,000 Bonus Points) for hosting a qualifying meeting or event at Hyatt

Does this mean that you only get points and nothing towards your base points?

Thanks