As a mostly cash-paying and leisure traveler, I don't mind these changes too much. I mostly burn the points I earn from the stays within 1-2 years of earning them. The devaluation hurts quite a bit, and the fact that this is a soft version of dynamic pricing isn't ideal either.

However, I joined Hyatt for the Globalist status and how ahead-of-the-curve it was compared to the other hotels' top-tier statuses. The now-proven fake rumors devalued Globalist by making it MUCH easier to achieve, which is why I was considering leaving the program. Why be a Globalist for a program that allows everyone to be Globalist (Hilton Diamond?)

While these changes are less than ideal, it seems to do two things:

• Potentially make availability at high-end properties easier to get. It's been impossibly hard to get reservations at some Park Hyatts, even with hundreds of thousands of points, due to how little availability there were.
• Make qualifying Globalists net-even, if not harder to achieve.

From a statusperspective, this means that Globalist status will (at least for now) not be diluted (if not made more valuable). While I'm keen to hear what else might come down the line, these changes don't bother me (personally) much