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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, 3:50 pm
  #121  
 
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Having recently stayed at the GH Kauai, Iíd say itís worth a cat 7. Not that Iím happy about the change, but I was thrilled to get this at an off peak cat 6 rate of 21k pts.
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Old Mar 3, 23, 4:50 pm
  #122  
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Originally Posted by nsx
If cash rates come back to Earth maybe the points prices will too.
Rates have in some markets have come down yet the point rates remain high
Iíve been booking rooms in San Francisco 4 star properties for 150 to 200 on average for the past few years yet a redemption is 23,000 points
That says it all
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Old Mar 3, 23, 5:41 pm
  #123  
skj
 
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Originally Posted by 777 global mile hound
Rates have in some markets have come down yet the point rates remain high
Iíve been booking rooms in San Francisco 4 star properties for 150 to 200 on average for the past few years yet a redemption is 23,000 points
That says it all
That doesn't say anything. Those same properties will be $600-$800 or more at certain times of the year. It's just like complaining the PH Beaver Creek is moving to Cat 8 when one can book it for under $300 in the off season.
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Old Mar 3, 23, 7:18 pm
  #124  
 
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Originally Posted by Kirk T
I was thinking about how the devaluation would change my decision making, and had the following that stood out:

Park Hyatt Aviara, Seabird, Mason Pacific going up --> I am more likely to stay at HR Huntington Beach. Had a very nice stay at the PH recently, but was already debating whether I would go back there before Huntington Beach, because Huntington has beach access, more child friendly pools, and bigger standard suite (Huntington Suite). Now the choice is more obvious. Never really considered Alila Marea after reading reviews.

HR Maui --> HRC Maui. Same points now. True, you don't get Globalist benefits, and there's the 10am checkout time, but HRC rooms were already soooo much bigger, pool area less crowded, etc. Finding availability is more difficult though. In Wailea, some of the Destination places are still very attractive.

Squaw Creek -- staying with HR Tahoe. If HR Tahoe undergoes renovation or rebranding, entirely expecting it to go up to Cat 7 too.

Grand Hyatt Kauai -- if going back, probably would still pay points, but only if I have SUA and find availability.

Park Hyatt Vienna --> Andaz Vienaa. Particular to my own traveling situation with family, Andaz was probably going to be the better choice with two kids anyways. Andaz outside of city center being a main detraction, but going forward price difference is simply too large.

The Cape -- love this place, and would pay the higher points amount. However, recently got a Hyatt timeshare offer for Sirena del Mar, which looks basically next door to the Cape. Haven't done a timeshare offer in ages, but would probably consider it if going back to Cabo in conjunction with a stay at the Cape to save some points.

Andaz WeHo and The Shay --> probably just avoiding Hyatt when in LA, or just booking a Hyatt Place. Probably book the HP Pasadena before the price goes up (though Cat 3 to 4 is smallest increase in points).

Hotel …clat Taipei down to Cat 2 -- might consider this over Grand Hyatt Taipei, depending on whether GH is at normal or peak points.
I stayed at the hp pasadena on the credit card fnc and brand explorer fnc. It was nice but not cat 4 nice.
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Old Mar 3, 23, 7:21 pm
  #125  
 
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Originally Posted by lsquare
Weren't some properties already doing that? Hyatt Regency Paris Etoile?
andaz maui and Hyatt centric waikiki are famous for inventory games.
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Old Mar 3, 23, 7:24 pm
  #126  
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Originally Posted by skj
That doesn't say anything. Those same properties will be $600-$800 or more at certain times of the year. It's just like complaining the PH Beaver Creek is moving to Cat 8 when one can book it for under $300 in the off season.
I'm well aware rates vary year round.
My suggestion is do your research & the math more closely.
Also look at major cities rather than resorts with serious high and low seasons like PH BC
You don’t have to take my word for it you can simply go the points calendar online and see yourself over the next 12 months
if your lucky you’ll find a point redemptions for 17,000.They are there occasionally and it’s no bargain anytime.
That means there is never a night where you won’t spend at least 300 plus dollars a night to redeem your points.
Tonight the cash rate 180 redeem for 23,000 points over double the cash rate @ 400 plus dollars.Fond of Hyatt but it’s not the Park Hyatt or the St Regis at 400 plus dollars
It’s a Centric a tired Hyatt Regency or at best the ok Grand Hyatt from the 70s

Last edited by 777 global mile hound; Mar 3, 23 at 7:35 pm
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Old Mar 3, 23, 7:25 pm
  #127  
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Originally Posted by serpens
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.
Right, right, poor wording on my part. I just received a $100 statement credit to essentially cover the $95 AF of my UA Explorer. Was actually surprised they immediately agreed to this offer when I mentioned I was considering the close it.

Will report back.
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Old Mar 4, 23, 5:25 am
  #128  
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Originally Posted by nsx
If cash rates come back to Earth maybe the points prices will too.
We know prices are stickier on the way down than on the way up in this space.

Hyatt is not in the business of reducing the point prices as much as the hotel properties may reduce their $ rates. Hyatt is incentivized to increase their margins from the program’s operations — not reduce or even maintain the margins — and that has implications for point price changes. And the hotels have increasingly shifted to preferring to maintain high rates with lower occupancy than lower rates to boost occupancy. And yet Hyatt will still use the published high $ rates as a driver to keep inflated/inflating point price rates for hotel nights even with declining occupancy (and expenses for award nights at the lower-occupancy-but-still-high-rates hotels).

Originally Posted by 777 global mile hound
Rates have in some markets have come down yet the point rates remain high
I’ve been booking rooms in San Francisco 4 star properties for 150 to 200 on average for the past few years yet a redemption is 23,000 points
That says it all
Shouldn’t be a surprise. Being a publicly-traded hotel company and having a bank card operation has consequences for the loyalty program customers/hamsters on the hamster wheel.

The three tier point pricing structure per award category was Hyatt revealing their cards on boosting the devaluations of the points. And now we have these 2023 increases too.

Let’s just wait to see how long it will be until there will be a 100k Hyatt point sign-up offer for the Hyatt bank cards.
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Old Mar 4, 23, 5:40 am
  #129  
 
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I would like to see Hyatt offset this devaluation nonsense with a high dollar, high value credit card. Somewhat like the AmEx Hilton Aspire (which I have and like). $500-$600 annual fee with Globalist status. Yes, I can hear the cries of "it will devalue Globalist and open the gates." But someone willing to spend $600 on a Hyatt branded credit card should be the type of Globalist Hyatt would value.
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Old Mar 4, 23, 5:59 am
  #130  
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Originally Posted by JetAway
I would like to see Hyatt offset this devaluation nonsense with a high dollar, high value credit card. Somewhat like the AmEx Hilton Aspire (which I have and like). $500-$600 annual fee with Globalist status. Yes, I can hear the cries of "it will devalue Globalist and open the gates." But someone willing to spend $600 on a Hyatt branded credit card should be the type of Globalist Hyatt would value.
As the hotel point devaluations get worse, the major hotel loyalty programs seem to migrate toward getting in the business of selling high elite tier status via higher fee credit card products. Marriott sells Platinum this way; Hilton sells Platinum this way; and IHG sells Platinum (but that’s on a cheaper card and doesn’t provide Marriott Platinum and even Hilton Gold level benefits). I would not be surprised if Hyatt also gets into that high elite status credit card game.

At the point when the rebate currency stops being a big draw and becomes closer to being a joke, the Joker card to be played by the loyalty program operators in this space is the draw of elite status. For me, Hyatt is no longer as much the exception and exceptional leader in the space as it used to be.

The combination of lower value to be gotten from redeeming points and the relatively high number of nights required to get valuable elite status benefits makes for a headwind. And while the headwind doesn’t count for as much when the “others are worse”, it’s still a tailwind toward increased free agency and more mercenary approach toward program engagement.
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Old Mar 4, 23, 6:20 am
  #131  
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Originally Posted by porphyra
As much as I loathe Marriott, I do like the option that you can use a CATX certificate on a higher point redemption and top up with points to cover the difference.

If only Hyatt would introduce that feature, it would take the pinch off a lot more.
This is why we can't have nice things...

Marriott "lets" you add points so that they are free to charge more points. Everybody loses out. (except Marriott)

Instead of people complaining about "I can't spend Cat 1-4 certificates usefully", how's about a little perspective. A $95 annual fee shouldn't get you $500 room nights in Manhattan. It does get you hundreds of hotels costing $200-300...

But if Chase want to sell credit cards based on cardholders getting a free night in New York, then they should negotiate that kind of deal with Hyatt...
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Old Mar 4, 23, 6:26 am
  #132  
 
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Originally Posted by GUWonder
As the hotel point devaluations get worse, the major hotel loyalty programs seem to migrate toward getting in the business of selling high elite tier status via higher fee credit card products. Marriott sells Platinum this way; Hilton sells Platinum this way; and IHG sells Platinum (but thatís on a cheaper card and doesnít provide Marriott Platinum and even Hilton Gold level benefits). I would not be surprised if Hyatt also gets into that high elite status credit card game.

At the point when the rebate currency stops being a big draw and becomes closer to being a joke, the Joker card to be played by the loyalty program operators in this space is the draw of elite status. For me, Hyatt is no longer as much the exception and exceptional leader in the space as it used to be.

The combination of lower value to be gotten from redeeming points and the relatively high number of nights required to get valuable elite status benefits makes for a headwind. And while the headwind doesnít count for as much when the ďothers are worseĒ, itís still a tailwind toward increased free agency and more mercenary approach toward program engagement.
The name of the game now is, "Who has the money and who is willing to spend it?" It applies to both hotels and airlines (see, e.g.-AA's Loyalty Points program). That's just the way it is.
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Old Mar 4, 23, 6:47 am
  #133  
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Originally Posted by craigthemif

Instead of people complaining about "I can't spend Cat 1-4 certificates usefully", how's about a little perspective. A $95 annual fee shouldn't get you $500 room nights in Manhattan. It does get you hundreds of hotels costing $200-300...
Given how the Category 1-4 free night award availability is far more restricted than points availability at such hotels, Iím pretty sure that those hotels where the Cat 1-4 free night award is used arenít costing $200-300 per night. They are probably costing less than $75 per room night booked with such free night awards.
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Old Mar 4, 23, 8:07 am
  #134  
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Originally Posted by JetAway
I would like to see Hyatt offset this devaluation nonsense with a high dollar, high value credit card. Somewhat like the AmEx Hilton Aspire (which I have and like). $500-$600 annual fee with Globalist status. Yes, I can hear the cries of "it will devalue Globalist and open the gates." But someone willing to spend $600 on a Hyatt branded credit card should be the type of Globalist Hyatt would value.
Hard disagree. Hilton giving away Diamond for in essence free with credits has unsurprisingly made it the weakest top tier by far. If Hyatt went the same way, bye bye our prized Glob perks.

Hyatt already has shortcuts for small biz types by the 2 nights per $5k spend.
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Old Mar 4, 23, 8:09 am
  #135  
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Originally Posted by GUWonder
Given how the Category 1-4 free night award availability is far more restricted than points availability at such hotels, Iím pretty sure that those hotels where the Cat 1-4 free night award is used arenít costing $200-300 per night. They are probably costing less than $75 per room night booked with such free night awards.
Does not compute. FNA availability = points availability.

the whole goal of a 1-4 cert is precisely to redeem for $200+ - not $75.
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