Since Hyatt only does off-peak/standard/peak award pricing for many properties, some of the best point redemptions in relation to the rack rate tend to be for hotels which are Category 1 and Category 2 hotels which are expensive due to a local event, especially one where Hyatt corporate did not decide to implement peak award pricing in advance. Hyatt has a number of such properties in college towns in the US South and Midwest where the cash rate could be $500-1000 a night before taxes by Hyatt is only asking 3,500-9,500 points per night. These are typically the nights before big football or basketball games, sometimes graduation.