Park Hyatt room for 75,000 points per night?
#1
Original Poster
Join Date: Jan 2011
Programs: Skymiles, AAdvantage, SPG
Posts: 29
Park Hyatt room for 75,000 points per night?
This morning I made a reservation at Park Hyatt Beaver Creek for Dec 27 - Jan 3 for 30,000 points per night, normal rate at Category 7 Hyatt. This afternoon my sister-in-law went to make a reservation for same dates and they were charging 74,229 points per night! What's up with this? Suites, if available, are only 60,000. I've stayed at this hotel many times, even over New Years a few years ago, and have never seen more than 30,000. Should she call World of Hyatt?
#4
Join Date: Sep 2019
Location: Los Angeles
Programs: Hyatt Globalist, Hilton Diamond
Posts: 4,868
I think I heard from a Prive’ agent that most properties don’t allow bookings around Christmas/New Years with the 3rd Night free offer for the OP’s situation.
#5
Original Poster
Join Date: Jan 2011
Programs: Skymiles, AAdvantage, SPG
Posts: 29
They are offering 5th night free on paid bookings even at Christmas/New Years. This is on website - not Prive. Bookings must still be light.
#6
Join Date: Dec 2001
Location: Nomad
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Posts: 1,107
Are you sure your sister-in-law wasn't looking at the redemption cost from the Chase or AMEX travel portal, with a cash booking paid using UR or MR points?
#7
Original Poster
Join Date: Jan 2011
Programs: Skymiles, AAdvantage, SPG
Posts: 29
#9
Join Date: Jul 2009
Location: IAH
Programs: UA 2MM, Hyatt Diamond, SPG Gold
Posts: 2,163
Glitches like this happened occasionally with P+C for a couple years on random properties before they announced the switch to dynamic pricing. I have a screenshot of the Park Hyatt New York pricing out at 15k + $538 back when the standard price was 15k + $300. $538 on that day happened to be 1/2 of the standard rate, and a year later that turned out to be the new P+C pricing scheme!
Things like this usually aren’t random code glitches — after all, why would 74,229 even be coded in as a possibility if it’s not on the published award chart? Either they coded the backend for retrieving pricing in a very convoluted/inefficient way instead of, for instance, just referencing a table, or they are building future functionality and it was accidentally pushed to production for a sec.
My guess is that it’s the latter, and they are testing out dynamic award pricing on the back end. I doubt they’ll roll it out in the new year, but when demand eventually recovers we can probably expect it then. They’ve been hinting at a fully dynamic pricing model for quite some time, and when companies roll changes like this out, it’s usually been running in parallel on the backend with the current system for quite some time so that they have sufficient opportunity to identify and fix as many bugs as possible with the algorithm. This definitely fits with the fact that many speculate that the announced (and postponed) three tier system is merely a stepping stone.
Things like this usually aren’t random code glitches — after all, why would 74,229 even be coded in as a possibility if it’s not on the published award chart? Either they coded the backend for retrieving pricing in a very convoluted/inefficient way instead of, for instance, just referencing a table, or they are building future functionality and it was accidentally pushed to production for a sec.
My guess is that it’s the latter, and they are testing out dynamic award pricing on the back end. I doubt they’ll roll it out in the new year, but when demand eventually recovers we can probably expect it then. They’ve been hinting at a fully dynamic pricing model for quite some time, and when companies roll changes like this out, it’s usually been running in parallel on the backend with the current system for quite some time so that they have sufficient opportunity to identify and fix as many bugs as possible with the algorithm. This definitely fits with the fact that many speculate that the announced (and postponed) three tier system is merely a stepping stone.
#10
Join Date: Mar 2013
Location: SFO, ORD, IAD
Programs: UA Plat, AA Plat Pro, Hyatt Glob, Marriott Plat
Posts: 355
...Oops. Egg on my face. That’s what I get for being a know it all. Please disregard!
#11
FlyerTalk Evangelist
Join Date: Jul 2005
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Posts: 10,571
Wouldn’t it be better if she uses the “Pay Yourself Back” promotion on other charges that are on her account and instead books a paid rate at Hyatt? Maybe even buying points into your account for Guest of Honor privileges.