Originally Posted by
EuropeanPete
As a non-US resident (and there are quite a few of us out there), Hyatt has had a competitive advantage over other hotel programmes because Hyatt was the only one where I wasn't put at a massive disadvantage relative to Americans who use credit card spend for their status. Irrespective of the other devaluations, if Hyatt does make these moves it probably wipes out the value proposition for me.
How does this wipe out the value proposition? There’s some points inflation at high-end properties (not unexpected given the cash inflation since the last deval). Otherwise the program is intact. A few more Americans will get globalist, but hopefully this helps drive more stays that helps the proposition for owners, driving more luxury properties in the US