Doctor of Credit calculated a 37% increase in point redemptions cost
I already thought many of the redemptions costs high prior especially to this insanity looking at Hyatts deficiencies
and lack of Improvements since Jeff Zidell @ Hyatt left office who created the transition from Gold Passport to World of Hyatt
Like SPG it was an iconic world class program that differentiated itself from the rest of the competition
And while he and I didn’t always agree he was an innovator and along with some negatives came net positives

However these extraordinary negative changes are massively more than the next 10 to 14 years of inflation
if we figure typically inflation @ 3% a year historically

Ive always had faith and trust in Hyatt to generally do the right thing for its members but this is a game changer
Looking at the overall coming carnage coming they will without a doubt lose business across the board from myself and that likely of others.Their management should be ashamed much like Southwest and their self destruction aberration.
My business short haul flying is down 97% and it will never recover going forward

There simply is no way to be an apologist for Hyatts business decision making
Like Southwest they did it too aggressively and too fast all while trying to preserve award charts and avoiding a complete dynamic pricing model which is ultimately what they really wanted anyway but were too frightened to do it
That’s my thoughts and assessments and now it on to some 3rd party sites to book hotel reservations which will be more rewarding for my travel needs
And when a hotel stay goes bad I can count on far better than Hyatts brand assurance I will get my money back
Booking on 3rd party sites is something I didn’t do for many years.
But here we are 🤷‍♂️🙄🤯🫠
Hyatt you’ve really blown it this time out at bat