Hyatt loyalty program management’s been in program devaluation mode for quite some time, so there is no better time to complain about devaluations than before the next devaluation. And Hyatt’s been providing less and less advance notice when it comes to how they change the Hyatt loyalty program. Complaining about no minimal advance notice period before a devaluation hits is sensible now. Complaining about devaluations is sensible now too. Unfortunately for customers, customer complaints now or later probably won’t change a thing since Hyatt is fully vested in devaluing the program for its customers in the main in the current environment. But I don’t see the harm from complaining away and doing so now and later.

it doesn’t sting at all.
the only loss is the ability to acquire some points at $0.015 each, which frankly is about their worth.

they could devalue far more and i’d stick around because Hyatt = suites for cheap.
the rest is gravy.

My math is different.

just booked points plus cash for GH Kauai. Going rate is $559 (about 10 % less with senior discount)

i save $409 for 12,500 points after accounting for the $150 copay. . 3.27 cents per point. Without cash and points it would be
2.24 cents per mile. This is a typical redemption for me.

The purchase of points implicit in this is 12.5k points for $150, a cost of 1.2 cents per mile.

if you want, you can fine tune the math by reflecting the lost points from not paying cash, but still comes out to more than double the estimate of 1.5 cents per point.

Thats the price below which I BUY points, not the strike price for cashing points. A common mistake made by many bloggers.

This is a ton of value going away.

the only logical comparison is the cost of full points vs. points+cash.
the paid rate is irrelevant because a low enough paid rate would be preferable to both or neither redemption option.
this is particularly so for most of us on here with huge potential Hyatt points from Chase UR.

I believe your $150/night cost is closer to $208.

How so?

i don’t pay resort fees. Even if I did, the math would still work out to the same redemption value is resort fee would be paid in both instances still leading to the same $savings for 12.5k miles.

And if you do it after taxes, you save even more money as the C+P tax is around $22 and the cash rate tax is $84

And then I also save parking on cash and points (and pure points) Even though I think they are going beyond when waiving parking on C+P so not fair to count it (although it’s been consistently waived in the 3 times I had a car with me)

The cash paid rate is not irrelevant to comparison; and the above post even closes with a line that indicates regular paid rates are relevant for logical comparison purposes — and even more relevant for those without huge potential (opportunity cost) to get Hyatt points from Chase UR.

That doesn’t make sense. You would have never come up with a value if 1.5 cents per mile if you never looked at cash prices.

And there are examples where all points would deliver a redemption value lower than 1.5 cents but C&P redemption above that.

Not true that cash cash is always either better or worse than both options.

clearly if you had an infinite # of points, points would always be better.

But with the large but finite amount I have (in UR currency), it’s the difference between 4 weeks of redemptions, (700k at cat 6) vs 8 weeks. 4 weeks is about 1.33 years worth, so I will run out relatively quickly given my hyatt point earnings per year.


And cash redemption value is always a valid number if you are willing to pay the cash price.

Of course if you only only do it 4 nights a year, it’s a small impact. That’s not an insight.

i just said I do it 21 nights a year, 262.5k points a year. Now we are over $1000 if Hyatt would sell me that many. Is there a cap on the annual sale? If so, then cash price is relevant for sure.