As someone who has their default card in Apple Pay as the Hyatt card, I’m definitely questioning. My main motivation for that is to accumulate spend to more easily hit EQN milestones for Globlaist at 60 and AA Platinum (OneWorld Emerald) at 100. The points earning rates are also fair, but that assumes Hyatt maintains a 2 CPP valuation. If that valuation actually reduces - and we can’t say for sure of that now, then the card becomes meaningfully less attractive for non-Hyatt spend. At this point, I’m really hoping for a premium Hyatt card that makes sense and renews the value proposition. Otherwise, I’ll need to dive in to UR more deeply (though, again, the only transfer partner I’ve ever used is Hyatt) or explore spending more on my United CC to get PQP (not sure that’s really worth it, but it is what it is).
To me, Hyatt is still more valuable in the US due to the more consistent breakfast offering compared to Marriott. However, I am nearly out of new Hyatts to try globally (that I want to visit) - so perhaps, I was going to be winding down some anyway. If Hyatt fixes their footprint, though, that would be a different story. Oh, well, plenty more Marriotts to try!