Originally Posted by
Tacking4541
I'm seeing a lot of people saying that this is dynamic pricing, but it's by definition not? The number of points per day is pre-determined and will not change. This isn't Marriott where checking each hour will give back a different points cost.
By your definition, Hilton's program wouldn't be called "dynamic" either. But nearly all of us probably agree that Hilton's program is dynamic. I'd even say that the new Hyatt program is even more dynamic than Hilton's, because most Hilton properties have fewer than 5 levels of pricing in reality throughout a year.
Originally Posted by
bpk6h
Wishful thinking probably, but I hope Hyatt explores some type of tiering with the announcement of 'early access to awards'. Theses changes so far have not been accompanied by incentives to want to stay or gain status in the program. Providing the same level of early access to all levels (except Explorist) and CC holders doesn't really cut it in my view. I'd like to see Hyatt adopt something similar to the airline FFP I'm most familiar with which provides its top tier not only exclusive access to awards but also provides access at times at a lower redemption rate.
I assume you're referring the UA FFP. Both UA and Hyatt are partners of Chase. Chase will likely see a significant drop in spending not only on its Hyatt cards but also on its own UR-generating cards (i.e. all Sapphire/Ink/Freedom cards). With one of the most severe devaluations of any loyalty program's currency, Hyatt is no longer the most valuable transfer partner of Chase that anchored the value of Chase's own transferrable currency, many of us would shift our spending to other credit cards. Hopefully, Chase may push Hyatt to adopt what UA has done, giving its cardholders (and Hyatt elites) some incentives to continue to engage with their respective programs.