Points redemptions are going to the 5 tiers, same as standard room awards. I'm not too familiar with the prices on current award charts, but Cat 8 at the new highest tier is 110k/night. Suite upgrade pricing is staying the same though. VFTW has a good overview of all the different changes and charts, including one showing all the new premium suite award prices.

https://viewfromthewing.com/hyatt-re...ore-expensive/