Does anyone know how leverage rates are determined? I've noticed leverage rates for 2025 at the handful of properties I regularly use are no longer much below the member rate (~5% below at most and usually only a couple dollars below). I'm a sole prop and very sensitive to costs and these properties are starting to price themselves out of my budget.

Are leverage rates the same for everyone using a leverage rate code? Are the properties themselves determining the rate? Etc. I'm curious whether it's worth mentioning to the properties I frequent. Or maybe I'm just not using it enough and Hyatt is squeezing me out of the program?

Any insight would be much appreciated.