Go Back  FlyerTalk Forums > Miles&Points > Hotels and Places to Stay > Hyatt | World of Hyatt
Reload this Page >

[CONFIRMED] Points and Cash Devaluation Coming 1 November?

[CONFIRMED] Points and Cash Devaluation Coming 1 November?

Reply

Old Oct 23, 18, 3:44 pm
  #61  
A FlyerTalk Posting Legend
 
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 87,213
Originally Posted by azepine00 View Post

with more upfront points needed for pure point awards this may also reduce speculative bookings
Hyatt isnít doing this to reduce speculative award bookings. Hyatt seems to be hoping to sell more points (to point hoarders) and gain more by devaluing more of those sold points. In other words, itís about encouraging more speculative point purchases.
GUWonder is online now  
Reply With Quote
Old Oct 23, 18, 3:59 pm
  #62  
FlyerTalk Evangelist
 
Join Date: Jul 2011
Programs: SEIBU PRINCE CLUB Platinum, Hyatt Explorist, Marriott Gold, Cocos Gold
Posts: 13,918
Originally Posted by GUWonder View Post


Confirmed again.

This kind of devaluation with little/no honest advance notice has become so typical of Hyatt with how it does things.
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.

Football Fan likes this.
hailstorm is offline  
Reply With Quote
Old Oct 23, 18, 4:09 pm
  #63  
FlyerTalk Evangelist & Ambassador: China
 
Join Date: Aug 2005
Location: DEN/SFO/PVG
Programs: DL DM/MM, UA 1K, AA Gold, HH Dia, WOH Glob, IHG Plat, Marriott Plat, NA EE, Hertz PC
Posts: 17,078
Originally Posted by GUWonder View Post


Confirmed again.

This kind of devaluation with little/no honest advance notice has become so typical of Hyatt with how it does things.
And the email was spun as an enhancement.
Football Fan likes this.
mnredfox is offline  
Reply With Quote
Old Oct 23, 18, 4:20 pm
  #64  
FlyerTalk Evangelist
 
Join Date: Jul 2011
Programs: SEIBU PRINCE CLUB Platinum, Hyatt Explorist, Marriott Gold, Cocos Gold
Posts: 13,918
Originally Posted by mnredfox View Post


And the email was spun as an enhancement.
Which is fooling nobody.

(Deleted Twitter link. Comment was a bit too spicy)
Football Fan and MarkP24 like this.
hailstorm is offline  
Reply With Quote
Old Oct 23, 18, 4:22 pm
  #65  
 
Join Date: Aug 2007
Posts: 483
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.
lighthouse206 is offline  
Reply With Quote
Old Oct 23, 18, 5:27 pm
  #66  
 
Join Date: Jul 2018
Location: Pittsburgh, PA
Programs: World of Hyatt Globalist, Hertz Five Star, HH Gold, BW Platinum, M Life Gold
Posts: 38
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%.
Mthorn82 is offline  
Reply With Quote
Old Oct 23, 18, 5:50 pm
  #67  
 
Join Date: Mar 2015
Location: NYC
Programs: DL DM, Marriott Platinum, Hyatt Explorist, Hilton Gold; Ex UA 1K & AA EXP
Posts: 1,334
Originally Posted by hailstorm View Post
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 View Post

And the email was spun as an enhancement.
They definitely should have given more advance notice.

There were some enhancements to the current program, but it's certainly not an overall enhancement....
lighthouse206 likes this.
MarkP24 is offline  
Reply With Quote
Old Oct 23, 18, 5:52 pm
  #68  
 
Join Date: Jul 2018
Location: Pittsburgh, PA
Programs: World of Hyatt Globalist, Hertz Five Star, HH Gold, BW Platinum, M Life Gold
Posts: 38
I voiced my opinion on a CS email that hell even Best Western Platinum status might be worth trying to use now lol.
Mthorn82 is offline  
Reply With Quote
Old Oct 23, 18, 5:54 pm
  #69  
 
Join Date: Jan 2005
Location: NJ
Programs: World of Hyatt Globalist, Marriott Premier Platinum
Posts: 332
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.
westlaker is offline  
Reply With Quote
Old Oct 23, 18, 6:23 pm
  #70  
 
Join Date: Aug 2007
Posts: 483
Originally Posted by westlaker View Post
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.
True BUT this might also cause more hotels to open up inventory...
lighthouse206 is offline  
Reply With Quote
Old Oct 23, 18, 6:35 pm
  #71  
 
Join Date: Jan 2012
Location: Osaka
Programs: Hyatt Explorist, Hilton Gold, UA
Posts: 2,632
Originally Posted by Colin View Post
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.



not even valuing all the incremental benefits of standard awards including last room availability, free parking for globalists, waived resort fees for kettles.
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.
MarkP24 likes this.
OsakaWino is offline  
Reply With Quote
Old Oct 23, 18, 10:17 pm
  #72  
 
Join Date: Feb 2000
Posts: 3,994
Originally Posted by OsakaWino View Post
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.
of course only half of the award cost increased by the indicated percentage.
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

Colin is offline  
Reply With Quote
Old Oct 24, 18, 2:26 am
  #73  
A FlyerTalk Posting Legend
 
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 87,213
.... 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 ó 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.
GUWonder is online now  
Reply With Quote
Old Oct 24, 18, 5:32 am
  #74  
 
Join Date: Jul 2018
Posts: 66
Very disappointing news.
zack14 is online now  
Reply With Quote
Old Oct 24, 18, 6:00 am
  #75  
 
Join Date: Jul 2003
Location: CT/ Germany - Ich spreche deutsch
Programs: UA Plat, AA Gold, LH Silver, Bonvoy LTTE, HH Dia, Hyatt Disc, PC Plat, CC Gold
Posts: 3,730
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.
christianj is offline  
Reply With Quote

Thread Tools
Search this Thread