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Originally Posted by azepine00
(Post 30347963)
with more upfront points needed for pure point awards this may also reduce speculative bookings |
Originally Posted by GUWonder
(Post 30347530)
Confirmed again. This kind of devaluation with little/no honest advance notice has become so typical of Hyatt with how it does things. |
Originally Posted by GUWonder
(Post 30347530)
Confirmed again. This kind of devaluation with little/no honest advance notice has become so typical of Hyatt with how it does things. |
Originally Posted by mnredfox
(Post 30348246)
And the email was spun as an enhancement. (Deleted Twitter link. Comment was a bit too spicy) |
Certainly not a welcome a change but hardly surprising in this economic environment. Now let's see what other devaluations come down the pike... I'm betting aggressive pre-selling of discounted room upgrades/suites so as to basically eliminate the Globalist suite upgrades on arrival....
The only thing that will change all this is a good old fashioned recession.... assuming Hyatt isn't forced to sell/merge. |
I used the C+P alot with the 5K to 8K locations. A lot of times if I was low on points I would be able to snag up a cheap room for say in Mt.Laurel NJ for around $45 with the 2500 points on a 5K location and usually on a weekend when I visit the area to visit my relatives and friends. Just need a place to fall sleep was fine but now with the new system I could see that being a lot more with the 50%. They should def give the higher Explorist and Globalist some sort of reduction on that maybe 30 and 20%.
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Originally Posted by hailstorm
(Post 30348196)
I remember when they would give about a months notice for such changes. The overwhelming sentiment was gratitude towards Hyatt for at least being forthcoming. Guess they no longer need to extend goodwill anymore.
https://www.youtube.com/watch?v=bwcJNsoY50E
Originally Posted by mnredfox
(Post 30348246)
And the email was spun as an enhancement. There were some enhancements to the current program, but it's certainly not an overall enhancement.... |
I voiced my opinion on a CS email that hell even Best Western Platinum status might be worth trying to use now lol.
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This devaluation is designed to make the hotel owner happy at the expense of frequent guests. I am worried about more devaluation coming in 2019.
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Originally Posted by westlaker
(Post 30348620)
This devaluation is designed to make the hotel owner happy at the expense of frequent guests. I am worried about more devaluation coming in 2019.
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Originally Posted by Colin
(Post 30347197)
a trivial increase in the nightly "cash" component by buying half the points needed on a standard award from WOH at the current $0.017 rate vs. the defunct points+cash rate plan.
https://cimg0.ibsrv.net/gimg/www.fly...4824e15406.jpg not even valuing all the incremental benefits of standard awards including last room availability, free parking for globalists, waived resort fees for kettles. |
Originally Posted by OsakaWino
(Post 30348712)
I'm not sure I would call an increase of up to 42% "trivial". On the other hand, there is very non-trivial benefit of no T&S charges, so assuming I have the pts, I will certainly be looking a bit more at all-pts vs,P+C.
the initial points component is flat. so, the worst case is a 21% increase, similar to a hotel shifting up one category. the change doesn’t destroy the value of WOH |
.... and yet the cash component of the upcoming, devalued P+C redemption arrangement may increase by far more than 21% over the current cash component element — in some cases the cash component element may be subject to something more like a 210+% increases over the current, pre-devaluation arrangement for P+C. |
Very disappointing news.
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I thought the program was on the up again with some positive enhancements since they gutted it with the introduction of WOH a couple of years ago. Guess NOT! One step forward...two steps back.
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