Originally Posted by Jed33d

thanks for sharing this! A couple points:

While we can debate whether points rates are up 22% or 37% or higher, I think we can all agree this is a significant bump all at once. And yes compared to CPI the 22% rate is similar to the 20% CPI, one thing missing is the impact of income growth to offset some of that CPI increase (granted it hasn’t been much in the US the past few years depending on income level, but it does narrow the gap a bit.).

Unfortunately, earnings rate for WOH members or credit card holders hasn’t really changed at all in years, so there hasn’t been any income increase to offset the redemption inflation we’ve seen the past few years,

Maybe Hyatt has this as part of the plan they’ll roll out later in order toincrease or maintain program engagement. Things like higher earn rate for globalists, higher earn rates on premium credit cards, etc. who knows….trust certainly has taken a hit so I’m skeptical if and how much will change on the earn side.

In terms of whether we call this a devaluation, I think there’s some semantics around it. A number of programs use real time or close to real time redemption costs based on current rate. Hyatt has said they won’t do that. Rather they will set redemption rates at a set time (annually or quarterly or??) but those will coincide with anticipated demand and I’m guessing historical pricing. So not real time, but still dynamic in the sense that rates will correlate to anticipated or real rates set.