Originally Posted by
ElevatorEnthusiast
I would be fine with dynamic pricing or the upcoming banded paradigm if the average valuation stays at 2 CPP - even at Marriott, I find it easy to get the average valuation or higher with dynamic pricing (though, I’m not always going to the highest-demand hotels - because there are so many options). My decision process for cash vs. points as well as CC spend is nearly entirely based on that average CPP of 2.
I think from the credit card business perspective, they are (and we should be too) looking at return per dollar spent. Let’s look at non-bonus categories. At 0.7 cpp, each dollar spent on the Marriott cards gets you 1.4 cpd. That’s much less than the current 2 cpd on the Hyatt cards. Once you factor in the bonus categories on Chase UR, the return is significantly higher when transferring to Hyatt.
Hyatt value is also higher than Chase’s own UR (if you exclude Hyatt transfers).
So I suspect their goal is to bring down this average anchor of 2 cpp.