Originally Posted by
TerryK
That may or may not be the correct assumption. The property can actually make more money by lowering the cash rate after cancellation deadline if they have a lot of redemptions. Properties are reimbursed ADR if occupancy if over a certain percent (95%??) for that night. If a property has project occupancy of, say, 90%, it will be good to lower the cash rate to push occupancy over the threshold so that ALL redemptions will be reimbursed at ADR for that night. In those cases, the close-in cash rate can be lower than ADR.
It didn't matter how the hotel makes more money. You just do it through Hyatt. You won't get double charged because the points will be refunded as soon as the res is changed / cancelled.