I've changed my mind. If there is no minimum number of nights for off-peak, then it very well may impact me.
Somewhere like Hawaii would be standard or peak nearly all the time. |
Originally Posted by toomanybooks
(Post 31804413)
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.
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Originally Posted by Mary2e
(Post 31804426)
I've changed my mind. If there is no minimum number of nights for off-peak, then it very well may impact me.
Somewhere like Hawaii would be standard or peak nearly all the time. |
Do hotels get paid more for award stays at Peak and less for Off-Peak? Or are the rates WOH pays for our award stays unchanged, and presumably pretty minimal except when the hotel is fairly full? [I know this is how SPG did it and I always assumed that Hyatt has a similar policy. It incentivizes hotels to make rooms available for awards and not to fell unhappy about potentially losing a lot of revenue when we redeem free nights.]
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Dynamic pricing is never good from an overall program value perspective. That said, Marriott's implementation of peak pricing has (thus far) not been as bad as feared. I've been able to score quite a few off peak redemptions at desirable properties.
Just hope this doesn't kill the values in Tokyo.
Originally Posted by UA-NYC
(Post 31804382)
see OMAAT. Hyatt confirmed they will be good for Peak dates still. Unlike Marriott screwing folks with the 35k cap.
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Originally Posted by MSPeconomist
(Post 31804448)
Do hotels get paid more for award stays at Peak and less for Off-Peak? Or are the rates WOH pays for our award stays unchanged, and presumably pretty minimal except when the hotel is fairly full? [I know this is how SPG did it and I always assumed that Hyatt has a similar policy. It incentivizes hotels to make rooms available for awards and not to fell unhappy about potentially losing a lot of revenue when we redeem free nights.]
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Originally Posted by ZBigFam
(Post 31804436)
Yup that's what I meant, andaz Maui will now be peak all the time
"It’s Hyatt that determines which dates are peak, not individual hotels making the decision." Not all hope is lost, but still, a whammy of a devaluation... |
One small benefit to come out of this is having an actual calendar to find award availability. It would be useful for some properties that play games with availability, and just planning out stays in general I hope this will also allow us to see cash prices on a calendar as well.
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Though I bet I will end up with some off peak cat 1 savings, this is no doubt a devaluation. Points are their most valuable when hotel rates are relatively high for the category. Assuming peak will correspond to times when prices are high, this change will 'level' out redemption values.
As currently stated -- the change is not that big of a deal to me. I am more worried about the can of worms this opens -- It's a very slippery slope to go from multiple categorizations to just making the program a flat $/pt redemption program. |
Originally Posted by ZBigFam
(Post 31804436)
Yup that's what I meant, andaz Maui will now be peak all the time
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Originally Posted by LowValueCustomer
(Post 31804401)
Yikes, also this little nugget in there:
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Originally Posted by cvseuy
(Post 31804653)
One small benefit to come out of this is having an actual calendar to find award availability. It would be useful for some properties that play games with availability, and just planning out stays in general I hope this will also allow us to see cash prices on a calendar as well.
Originally Posted by MarkOK
(Post 31804669)
Though I bet I will end up with some off peak cat 1 savings, this is no doubt a devaluation. Points are their most valuable when hotel rates are relatively high for the category. Assuming peak will correspond to times when prices are high, this change will 'level' out redemption values.
As currently stated -- the change is not that big of a deal to me. I am more worried about the can of worms this opens -- It's a very slippery slope to go from multiple categorizations to just making the program a flat $/pt redemption program. |
On the plus side, they also adjusted the redemption rates of Hyatt points for room charges and they could actually make sense now at the $500+ levels.
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Originally Posted by ZBigFam
(Post 31804726)
Skj it's due to this comment from lowvalue customer...saying there is no minimum and maximum
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And OMAAT also confirmed (immediately below the "no maximum number of peak days" language) that:
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