Well, this definitely is a move to devalue point values. Might be gentle at first but in a few years I can see that places I spend 8K points now will be 15K or more. The reason to go above 60 via CC spend nights is probably completely gone for me now. I've enjoyed the points earned from CC spend (over 2 cents a point, generally speaking, plus reaching 10K bonuses at 70, 80. 90. etc). I was already drawing back this year because the 'peak' pricing seems to be appearing more often now just on weekends and holidays in ho-hum non-touristy markets (even when cash rates are low) and that has had me booking a lot more of my casual stays either not at all, on cash, or dare I say, even at competitors (have three marriott stays booked this summer, already, just because the Hyatt cash rates and peak-rate points are stupid high. I've only stayed at a marriott in a market Hyatt serves three times in the last 8 years).