Hyatt introduces Off-Peak, Standard and Peak awards (26 Oct 2021)

Jun 9, 22, 11:12 pm - Wikipost

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Last edit by: beltway
Wiki Link

Redemption chart:
https://world.hyatt.com/content/gp/e...n-updates.html

To view the award calendar for any Hyatt property, go to the Hyatt global map and search for, click on, or zoom in on the property or region of interest. In the alternative, start the booking process; once you've narrowed the selection to an individual property, you should see a link to the points calendar directly beneath the link to the hotel website. Note that calendars do not indicate (un)availability on any given date.

Hyatt appears to have updated its systems to display calendar links for nearly all properties. (Immediately after rollout, coverage was notably incomplete.) If for some reason the property you're interested in does not have a points calendar link, use a URL of the form https://www.hyatt.com/explore-hotels/rate-calendar?spiritCode=XYZZY, where XYZZY is the hotel's five-letter code. (Codes are shown in the URL for the Hyatt property listing; for example, the Tokyo Andaz is "tyoaz.") Once in the calendar, you can navigate to view additional months. h/t to Neric for flagging this shortcut.

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Dec 4, 19, 9:05 am

Markie

Moderator: Hyatt Gold Passport & Star Alliance

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Hyatt introduces Off-Peak, Standard and Peak awards (26 Oct 2021)

Introducing Off-peak and Peak Point Redemption

Starting in March 2020, World of Hyatt will introduce Off-peak and Peak point redemption for free night awards. Under this new structure there will be three point redemption values, which will allow members more flexibility when it comes to getting the most out of their points for free nights at more than 1,000 hotels worldwide.

Off-peak: Fewer points will be required during Off-peak times - starting at 3,500 points per night (the best value when hotels are less busy)
Standard: Points required during standard redemption periods will follow today’s point requirements - starting at 5,000 points per night
Peak – When hotels are the busiest, more points will be required for a free night - starting at 6,500 points per night and will be no more than 5,000 points above the Standard point requirement

More to Know

This new structure will be true for all types of award nights, including free nights in a standard room, club-access room, standard and premium suites.
Points + Cash awards will also offer Off-peak and Peak rates and will still require 50% of the standard cash rate and 50% of the points required for a free night.
If a member has an existing award booking for a night that changes to Off-peak in March 2020, they will receive an automatic one-time refund on the point difference. Members will not be charged more if their existing award booking changes to Peak.
Free night point redemptions will be identified as Peak, Standard or Off-peak as soon as nights are available for reservations (usually 13 months in advance) and will not change once posted.
Our hotel award categories are not changing and will remain 1-8.

Mary2e, FLYGVA and tjae like this.

Dec 4, 19, 9:10 am

ZBigFam

Join Date: Jun 2013

Posts: 2,233

This is horrible and a devaluation undercover. I wouldn't be surprised to see andaz Maui bump up to peak all the time meaning essentially a new category.

BearX220, GUWonder, aCavalierInCoach and 2 others like this.

Dec 4, 19, 9:17 am

MSPeconomist

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Can we assume that this won't impact free night certs, so that cat 1-7 would be good for a peak night at a cat 7 property, etc.?

BTW, what properties are cat 8 now?

Also will the higher category points nights be -1500 for off peak and +1500 for peak or will these differences depend on the category and vary more in absolute terms for points redemptions at higher category hotels? Or will it be -30% and +30% for all categories? Or some different formula?

Markie, cuthroat and LowValueCustomer like this.

Dec 4, 19, 9:22 am

Markie

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Quote:

Originally Posted by MSPeconomist

My reading is Level 8 is Off Peak 35,000 Standard 40,000 or Peak 45,000 per night. See here - https://world.hyatt.com/content/gp/e...n-updates.html

Dec 4, 19, 9:31 am

cvseuy

Join Date: Aug 2018

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Something not really highlighted in these devaluations is Hyatt has seemed to have fully built out the reward redemption chart for Category 8. Before Category 8 was an incomplete chart that showed standard redemption, and nothing else was given as far as club access/standard/premium suite redemption.

I think the bigger devaluation is that some Hyatt-branded properties (not from SLH or Two Roads acquisitions) are going to creep up to the Category 8, which in turn some properties will slowly creep up another category. i.e. 5 to 6, 6 to 7, 7 to 8.

GUWonder and alvinroast like this.

Dec 4, 19, 9:40 am

matt12j

Join Date: May 2019

Posts: 21

Quote:

Originally Posted by MSPeconomist

Can we assume that this won't impact free night certs, so that cat 1-7 would be good for a peak night at a cat 7 property, etc.?

BTW, what properties are cat 8 now?

Also will the higher category points nights be -1500 for off peak and +1500 for peak or will these differences depend on the category and vary more in absolute terms for points redemptions at higher category hotels? Or will it be -30% and +30% for all categories? Or some different formula?

https://www.hyatt.com/en-US/explore-...ionGroup=0-All

Dec 4, 19, 9:49 am

CopperSteve

Join Date: May 2008

Location: New Jersey

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Posts: 1,262

Quote:

Originally Posted by ZBigFam

This is horrible and a devaluation undercover.

Agreed. Not liking this change.

My, how things have changed since the days of Faster Free Nights!

GUWonder and Football Fan like this.

Dec 4, 19, 9:49 am

LowValueCustomer

Join Date: Sep 2019

Programs: Hyatt Globalist, Marriott Titanium, AA EXP, DL PM

Posts: 233

+1 to the question of what happens to free night certs. These are tough to redeem for decent value as-is. If Hyatt goes the Marriott route and makes peak cat-4 properties ineligible for cat-4 cert redemptions, that will be an absolutely brutal devaluation.

MSPeconomist likes this.

Dec 4, 19, 9:51 am

skj

Join Date: Jul 2009

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Quote:

Originally Posted by ZBigFam

I wouldn't be surprised to see andaz Maui bump up to peak all the time meaning essentially a new category.

If I understand correctly, a property has to have standard nights at least 50% of the time. The other 50% can presumably be at peak, as I saw no requirement that off-peak rates be made available.

Dec 4, 19, 9:53 am

#10

Mary2e

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This will probably only have a minor impact on me. At least half of my travel is either off peak or standard. If it's peak, I don't want to go

synd, Nitehawk, MSPeconomist and 2 others like this.

Dec 4, 19, 10:00 am

#11

UA-NYC

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Obviously not great but not screwing us over with monthly changes a la Marriott

Quote:

Originally Posted by LowValueCustomer

see OMAAT. Hyatt confirmed they will be good for Peak dates still. Unlike Marriott screwing folks with the 35k cap.

EuropeanPete, soyunrosa, bbriscoe34 and 2 others like this.

Dec 4, 19, 10:04 am

#12

LowValueCustomer

Join Date: Sep 2019

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Posts: 233

Quote:

Originally Posted by UA-NYC

Obviously not great but not screwing us over with monthly changes a la Marriott

see OMAAT. Hyatt confirmed they will be good for Peak dates still. Unlike Marriott screwing folks with the 35k cap.

Yikes, also this little nugget in there:

There is no minimum or maximum number of nights that a property can designate as peak or off-peak

MSPeconomist likes this.

Dec 4, 19, 10:07 am

#13

CodeAdam10

Join Date: Jul 2011

Location: North America

Posts: 2,193

I am gonna go out on a limb and guess we will see WAY more peak dates vs off peak dates for any half way desirable property.

This amounts to roughly a 17% increase in redemption rates.

Suppose some can once again say that, comparatively, Hyatt is letting us off ‘easy’ vs competitors but it (Hyatt’s slowly but surely approach) is a pattern for last 2-3 years so we have lost lots of accumulated value.

Though the way hotels and airlines now treat their loyal members, I do appreciate Hyatt not completely going Bonvoy on us, but that’s not a high bar to achieve since most other programs have chosen to completely alienate their customers.

Dec 4, 19, 10:07 am

#14

toomanybooks

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This will be interesting to watch. A 3500 redemption when they are giving back 1000 per stay, and/or for Globalists who get 10K extra at 70, 80, 90, 100 will make for a pretty cheap stay.