Originally Posted by
Kacee
Devaluation not unexpected, though it does seem worse than expected and obviously a big blow to relatively affordable higher end redemptions which were one of Hyatt's real strengths.
Everyone should assess whether Hyatt continues to work for them, just as they've presumably done as Hilton and Marriott have mercilessly devalued their points over the past five years.
All the handwringing seems a bit pointless, as it is extremely unlikely Hyatt would roll this back.
Well, the discussion of program changes is a long tradition of Flyer
talk (and other travel forums)and I believe has occasionally led to adjustments or rollbacks. That said, I would not expect Hyatt to make any wholesale changes to these structural changes. They could perhaps try to make some concessions by improving earnings or running better promos.
I don’t know if there will be any long term impact on Chase UR or Bilt. For me Hyatt and United were the primary uses of URs. I really probably should broaden my horizon a bit, but as mentioned before, I expect to earn a lot fewer URs this year than in past years. Which will mean fewer transactions on Chase cards and fewer Hyatt points bought by Chase for me. I suspect this won’t come as a surprise to Hyatt.
The greatest impact of these changes may be born by non-US members who only earn points from stays and don’t have a robust property network to boot.
These changes ultimately just reaffirm my decision to not pursue status through hotel stays (I have status through IHG, Hilton and Marriott cards).