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WoH 2023 Category Changes to Take Effect on Mar 28

WoH 2023 Category Changes to Take Effect on Mar 28

Old Mar 3, 23, 8:33 am
  #106  
 
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Originally Posted by MarkOK
I don't have the homework done, but I think so yes. The matter of the fact is that 5 years ago (don't need to go back 10 years), the Cat1-4 certificates got you options for mid-range full service hotels. Now those options are way less. Personally, there are about five hotels that I have in the past used my Cat1-4 certificates that I no longer can, and I think everyone else has a similar experience. And there are pretty few Cat1-4s coming online worth mentioning -- For a few hot months the Thompson Madrid was a choice (now gone). I guess for me, the only new option that I often use is HC Memphis.
My favorite 3 places to redeem 1-4 certs were the Confidante in South Beach/Miami, HR Chesapeake in Cambridge, MD, and Chicago Athletic Club. We lost the former 2 last year and now the latter.
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Old Mar 3, 23, 8:49 am
  #107  
 
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I will be staying at Secrets Impressions Moxche for 3 nights this weekend.
I saw the article about the devaluation of Hyatt points and the change in the category and literally transferred my URs to Hyatt to make the booking.
The current cost was 29k/night. Can't wait to report back!
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Old Mar 3, 23, 9:23 am
  #108  
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Originally Posted by njvandy
My favorite 3 places to redeem 1-4 certs were the Confidante in South Beach/Miami, HR Chesapeake in Cambridge, MD, and Chicago Athletic Club. We lost the former 2 last year and now the latter.
Yeah CAA was a gem, but having seen rates pass $400 on fall weekends, I am not surprised.
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Old Mar 3, 23, 9:27 am
  #109  
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Originally Posted by JetAway
I justified the annual fee of the Hyatt credit card with the CAT4 cert (as well as the slight status qualification boost) although I never use that card. It's getting harder for me to justify the card with these changes. I'm thinking of moving the card's credit limit to another card and closing the Hyatt card. And making more premium hotel bookings through AmEx FHR.
Originally Posted by TravelinSperry
The Hyatt credit card (imo) is one of the best values out there. The annual fee is easily recouped via the CAT 1-4 cert. Spend counts towards status, so this tips me over the final 10 nights or so that are hard to get towards Globalist (due to their weak footprint). Plus, I've been redeeming at 2.8 cents per over the past year making the everyday spend one of the highest available. Of course, ymmv depending on what you're able to find redemptions for. But for me, this is one of my go to cards.
My annual fee just posted, and I have been close to canceling the card so many times, but several times over the course of the last few years some sort of targeted spend bonus has made the card more appealing.

The 1-4 cert has certainly covered the cost of the AF, so my main reason for cancelling the card would be to simplify the “fleet” of cards and to be ready if Hyatt/Chase were to ever offer a good signup bonus again.

I don’t stay at Hyatts enough to make status a realistic goal, and so the qualifying nights credit isn’t worth anything to me.

I will call within the next few weeks to see if Chase is willing to waive the AF. This deval of the 1-4 cert and points in general will be an argument.
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Old Mar 3, 23, 9:43 am
  #110  
 
Join Date: Jan 2010
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Originally Posted by churning
RIP using Cat 1-4 FNC for the Andaz San Diego. This one hurts.
In the dozen or so times I have checked in the last few years, Andaz never had weekend nights available for FNC bookings, even when checking 11 months out. They have been playing games for a while, so this was no surprise. Personally, I much prefer the Kimpton and Indigo for downtown stays on my weekend getaways, and the Manchester is fine when I need to burn a cert.
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Old Mar 3, 23, 9:48 am
  #111  
 
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Originally Posted by missjenjen610
I will be staying at Secrets Impressions Moxche for 3 nights this weekend.
I saw the article about the devaluation of Hyatt points and the change in the category and literally transferred my URs to Hyatt to make the booking.
The current cost was 29k/night. Can't wait to report back!
It is a great deal at 29k, but definitely not at 50k+. Just be sure to decline the timeshare invite when checking in ("it's not a timeshare" ) and keep on top of your butlers, as they are either overworked or under-motivated. Also be sure to leave for the airport early as the traffic outside CUN is atrocious.
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Old Mar 3, 23, 9:57 am
  #112  
 
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Originally Posted by lsquare
​Is this not available anymore? ​​​​​​
Others have reported that they pulled a rug out of the availability a few months ago, so it is effectively dead in the water even though the official date is not until the end of the month. The devaluation was obviously coming, as they were charging the same for Secrets and Secrets Impressions when they were first listed. It made no sense that AMR properties going for less than half of Moxche were all charging the same 25k points, but they have obviously addressed that issue now. Whether or not Moxche is worth 2x more than the other locations is up to others to decide, as I have only been to that one. Either way, $2k/50k points is way out of my league, and I would prefer booking a liveaboard over an AI for my wallet-breaking tropical getaways.
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Old Mar 3, 23, 1:30 pm
  #113  
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It often amazes me how much reward nights consume the conversation. I've seen many hotels increase their cash rates by a LOT. Crickets. However, increase some points or a category of a smaller percentage of reservations, and people absolutely love their minds.
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Old Mar 3, 23, 1:56 pm
  #114  
 
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Well, if you have Hyatt points you are locked in. If cash rates go up you can go elsewhere. If all your cash were devalued you would hear complaints. And there has been (about inflation).
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Old Mar 3, 23, 2:25 pm
  #115  
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Originally Posted by Super Mario
It often amazes me how much reward nights consume the conversation. I've seen many hotels increase their cash rates by a LOT. Crickets. However, increase some points or a category of a smaller percentage of reservations, and people absolutely love their minds.
Agreed ADRs have increased but still less increase than awards overall in my own overview..Its out of whack unbalanced now frequently.
Doesn’t amaze me at all the conversations here for the dedicated WOH program member
I actually expected more comments.
The more informed bloggers got this one right.
Will refrain from repeating those dramatic comments
Think I speak for many when I say the vast majority here value their point currency for their travel needs

When value is seriously eroded it takes reevaluation to see if it’s worth collecting with the same level of commitment
Ive been in programs before Flyertalk came into existence and no time can I remember especially with Hyatt where the room is 200 in cash and 80 dollars more if I redeem in points .
Or 500 dollars in points and 300 for cash
Its as if Hyatt is becoming an airline program run by Delta Airlines management.
The idea in my own thinking has always been an alternative currency that can allow for aspirational experiences you may not realize with just paying cash.
Of course this new formula may still work in some regions/ destinations
it’s really about are there more positives over the negatives at the end of the day.
Only each of us can decide if that works.

Speaking for myself by redeeming in other programs more frequently (not by desire)that has me saving 50%
to not redeem with Hyatt in select major cities.
That was never the case historically to the extent it is now if we look at 1.7 to 1.9 per WOH point
Make no mistake when the playing field is level with a high performing property I’ll likely be found in a Hyatt

For those of us that appreciate Hyatt hotels & World of Hyatt fairness and value it’s been the foundation of our very relationships
Hyatt in my opinion had damaged its program value so badly since seasonal awards were introduced (likely a former SPG copy cat move which damaged SPG) that they will be forced eventually into a complete dynamic award pricing scheme.
I cannot see any other possible outcome based on the path they have currently undertaken and how lopsided the disparity between paying and redeeming.
We all understand that every program wants to maximize revenue that said…..
If one studies the WOH award pricing based monthly on low medium and peak it’s obvious what’s going on
Most months are set in the highest redemption levels or simply vast majority set @ peak

I’d debate other programs now have greater desirability due to their flexibility of award pricing as much as we also dislike
dynamic pricing even if you hate or love Marriott Hilton IHG etc
Just like in the Deltas program some are just fine redeeming 100k to fly NYC to Atlanta one way in coach
I’ll leave that privilege to others where it may not matter to a given member 😎
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Old Mar 3, 23, 2:45 pm
  #116  
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Originally Posted by notquiteaff
[...]
I don’t stay at Hyatts enough to make status a realistic goal, and so the qualifying nights credit isn’t worth anything to me.
[...]
I always thought the same thing, but this year I hit a milestone that I would not have hit (yet) without the qualifying nights credit. In other words, the qualifying nights credit is good for more than status level.

Originally Posted by notquiteaff
[...]
I will call within the next few weeks to see if Chase is willing to waive the AF. This deval of the 1-4 cert and points in general will be an argument.
I await your report. (But I believe you should ask for a credit, not for a waiver. I understand that Chase does not waive fees, but will issue credits.) Good luck.
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Old Mar 3, 23, 2:48 pm
  #117  
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If cash rates come back to Earth maybe the points prices will too.
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Old Mar 3, 23, 2:58 pm
  #118  
 
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Originally Posted by nsx
If cash rates come back to Earth maybe the points prices will too.
They are definitely starting to, I think it was mainly due to heavy summer travel in 2022. As inflation rises people are spending less and less. It often becomes more favorable to just buy points for those stays and redeem those. As that happens more the ADR lowers because the hotel wants paid guests.

So yeah I see many properties dropping back next year.

Hyatt Regency Orange County, Hyatt Regency Long Beach and Hyatt Centric Long Beach definitely have no business as a Cat 4, Andaz San Diego which has an huge homeless presence literally at the front door has no business as a Cat 5 and HP Moab has no place as a Cat 5.
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Old Mar 3, 23, 3:05 pm
  #119  
 
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Originally Posted by nsx
If cash rates come back to Earth maybe the points prices will too.
COVID proved across the industry that point-based pricing will never come back to earth when variable-rate programs demonstrated that they don't truthfully adjust based off of demand. Hyatt's been reasonably fair with their changes, but I would never expect general weakness in demand to cause any sort of substantial change to, for example, hotels moving down to Cat 4 for certs to be used.
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Old Mar 3, 23, 3:13 pm
  #120  
 
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Funny how in just a year this reservation which is for next month almost tripled in cost.
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