Here’s what I see -
You have Globalist through February 29th 2024 and only 20 nights in 2023 which basically means no Milestones earned, except Club Awards which may hold some small value once you lose status.
However, due to the new changes in WoH Guest of Honor after 1/1 you will have 5 Guest of Honor Certificates deposited into your account. These are provided for anyone who is a Globalist as of 12/31/23 as a courtesy from Hyatt.
These will allow you to book Guest of Honor stays for yourself both paid and award stays throughout 2024 while you pick back up and hit 60 nights if that’s your goal.
There May or may not be a challenge in 2024, no one knows until an announcement is made. But what I do know is those Guest of Honor Certificates will allow you to basically remain Globalist in 2024.
On top of that when you use them you’ll earn whatever EQN’s you would from the actual stay PLUS 1 extra EQN for redeeming a Guest of Honor certificate. I’d say you’ll do pretty well.