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Originally Posted by beachfan
(Post 37626100)
Applying a SUA on a point advance reprices the reservation, at least on category changes. (I’m guessing true as well for May changes).I know from experience.
So apply SUA before changes. |
Originally Posted by miles_collector
(Post 37617491)
It wouldn't be so bad if it opened availability on points for other room categories beside the entry-level as some hotels like to play games with rooms categories and you can barely find availability for the standard rooms... This way, it will just be way overpriced...
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Originally Posted by gary6177
(Post 37626550)
Easy fix to this is call to apply the points on the points advance reservation and they will compensate you the difference. THen, after the points have been applied, you can apply the SUA on a subsequent phone call. I have seen this done before and it works is key is you have to make 2 seperate phone calls.
By your implication, you would get back extra points if you funded the points advance and then subsequently canceled. Ypu can’t even shorten the trip by a day without it repricing. |
Originally Posted by beachfan
(Post 37626678)
Did not work when I tried in April or May 2024. I did just that.
By your implication, you would get back extra points if you funded the points advance and then subsequently canceled. Ypu can’t even shorten the trip by a day without it repricing. This has happened to me multiple times, and I’ve had to call MHC to have them remove the extra points that were deposited into my account. What you may be thinking is this: if you book a Points Advance to lock in the current rate and the property later changes categories, then try to add a SUA, the system will reprice the reservation at the current category. However, if you keep it as a Points Advance, wait for the category change, and then fund it at the new rate, you can add the SUA at the current market rate because the reservation has already been funded at that updated level. Go back through your reservations for points advance that were funded after it changed categories, MHC will add in additional points to your account. Best, |
Originally Posted by gary6177
(Post 37626707)
Yes, that’s correct. If you fund the Points Advance at the new category rate and then later cancel the reservation, the system refunds based on the current points value which can result in receiving more points back than were originally used.
This has happened to me multiple times, and I’ve had to call MHC to have them remove the extra points that were deposited into my account. What you may be thinking is this: if you book a Points Advance to lock in the current rate and the property later changes categories, then try to add a SUA, the system will reprice the reservation at the current category. However, if you keep it as a Points Advance, wait for the category change, and then fund it at the new rate, you can add the SUA at the current market rate because the reservation has already been funded at that updated level. Go back through your reservations for points advance that were funded after it changed categories, MHC will add in additional points to your account. Best, but I’m not quite following you. If you fund it at the new (post category change) rate, and then cancel, you are just getting the points back you put in. Did you really mean fund it at the new rate? I know you can’t apply a SUA to a points advance reservation prefunding.. At least MHC told me so on more than one occasion. |
Originally Posted by MarkOK
(Post 37625824)
As for lower category redeemers - that is mostly me. I pay cash or points on leisure trips purely based on points vs cash rates ( with points valued at 2 cents per point). Since 2018, I have redeemed 90% of my points at cat 1s-4s because I find on the upper end, hotels are either just too stupid expensive for my tastes, or the points are so high compared to cash that I just pay cash. I love full service hyatts and most of my stays and redemptions are at lower category HRs and GHs in secondary US markets, but I don't really have dreams of aspirational properties. It's overall worked out well from a value perspective.
I would have an easier time to swallow this pill if it hasn't been for the fact that nearly all of the hotels I have usually redeemed at have gone up at least 1 category in the last few years, and are showing a lot more 'peak' rates and lot less 'off peak' rates over the last year. Hotels I was able to redeem at 5K are now very often cat2/9.5K, and now will be up to 15K. Those that were cat3/12K points are now cat4/15-18K points will soon be up to 25K points. That is a doubling to tripling of points over a few years, and these hotels are still often just $100-150 (for the cat 2s) and $150-250 (for the cat 4s) a night usually when I am looking to stay. Hyatt was my favored way to go to baseball spring training in Phoenix, and hotels have 100% blown up into 15k from 5k by category inflation and peak times. I expect Hyatt's new chart to continue that. I did decide to take the WoH card this year because the 7 potential Cat 1-4 certs over a ~year are super juicy, but I expect that by 2027 when I run dry I will know which way to go with WoH going forward, as the category changes and charts should be showing firm trends by then. |
Originally Posted by beachfan
(Post 37626721)
well I’m surprised at getting points back.
but I’m not quite following you. If you fund it at the new (post category change) rate, and then cancel, you are just getting the points back you put in. Did you really mean fund it at the new rate? I know you can’t apply a SUA to a points advance reservation prefunding.. At least MHC told me so on more than one occasion. And yes, you’re correct—you can’t apply a Suite Upgrade Award (SUA) until the reservation has been funded. |
Originally Posted by MarkOK
(Post 37625824)
As for lower category redeemers - that is mostly me. I pay cash or points on leisure trips purely based on points vs cash rates ( with points valued at 2 cents per point). Since 2018, I have redeemed 90% of my points at cat 1s-4s because I find on the upper end, hotels are either just too stupid expensive for my tastes, or the points are so high compared to cash that I just pay cash.
I travel a lot, all out of pocket, and I need to pay for it one way or another. I view my points as having value and don't really want to spend 35,000 points ($700 the way I look at it) for a hotel night unless I absolutely have to. |
Originally Posted by River in Sight
(Post 37627036)
I view my points as having value and don't really want to spend 35,000 points ($700 the way I look at it) for a hotel night unless I absolutely have to.
OTOH there is something extra-satisfying about getting a nice hotel room in a major city for 15,000 points or less, including breakfast, parking, and usually a halfway decent upgrade. |
It’s true that it’s getting harder to find really outsized value per point. In 2024 I had a few stays north of 7¢/pt - that’s already much harder to find today, and it’ll likely get even harder with the new chart.
On the other hand, it doesn’t make much sense for Hyatt to consistently offer 6–8¢/pt redemptions while selling points for ~2.5¢/pt at the same time. Over time, award pricing tends to move closer to the price Hyatt sells points at. You can still beat the bank, but the margin is smaller now - and it’ll likely shrink further with the new chart. The real “problem” is that WoH is still very attractive for a lot of travel patterns, often more attractive than other hotel programs, so many members will keep engaging even after a devaluation - myself included. I’m still looking forward to most of my upcoming stays - largely because of Globalist recognition and being treated as a returning guest. At many Hyatt properties they genuinely try hard to make me feel valued, and that level of consistency isn’t the norm these days. |
Just trying to think through how my spending and stay patterns will change with the new award chart updates. Last year I hit 70 EQN with a mix of points, FNA's, cash bookings and credit card nights. We have always tried to "splurge" a bit once or twice a year at some of the more aspirational properties, though last year we did a bit more of this as we celebrated our retirement. We booked 12 of our nights on points, ranging from Cat 3 to Cat 8 and spent 340,000 points. The higher tier properties included 2 nights each at PH Milan and Miraval, as well as 4 nights booked at HR Maui. When I calculate what those 12 nights would cost on the new award chart (I matched up the current tiers to the new tiers) and those stays would have cost 446,000, which is a 31% increase. To earn those additional 106,000 points I'd have to spend an additional $11,000 on room rates with my Hyatt card, (9.5x earn) or $106,000 in unbonused spend on the card. We averaged about $300 per night cash rate, so that's another 37 paid nights. Unfortunately we don't have a business or any other avenue to generate that increase in spending.
One of the ramifications for me would be booking less of the category 6-8 properties on points as the value proposition is greatly decreased as well as is the ability for me to earn that many points for redemptions. I had put enough spend on the Hyatt card to earn 20 EQN, knowing the payoff to help hit 60 nights is valuable for Globalist status (which I agree with others is hugely valuable). I knew the tradeoff to earn these EQN's meant less overall points earning if I had used other cards like my Venture X, but getting to Globalist offset that. I continued to put spend on the card knowing that it wasn't the most optimal use of points earning, but helped with earning additional milestone awards. I still see myself using a mix of cash rates, FNA's and credit card spend to hit Globalist, but I really don't see myself putting incremental spend on my Hyatt card at this point as I feel the value proposition of the points and some of the incremental milestone awards like 10k points has greatly decreased. We've already adjusted our cc spend downwards as we had frontloaded a few large expenditures this year, and I feel we can hit 60 nights through other means. I've always most valued with WOH the Globalist benefits and the ability to occasionally stay at aspirational properties. Losing (or greatly reducing) the ability of one of those two benefits will have me less engaged in the program, and mostly to continue to earn Globalist. Maybe Hyatt is okay with these changes for a customer like me....who knows, though I'm sure they would hope that people would put more spend on their cc's as opposed to less. If Hyatt changes the earn value on that in the future, either on the current card or new premium card, I would look to reevaluate things. |
I just went through the exercise of transferring all of my UR points to Hyatt (prior to closing the Reserve card once the annual fee posts this month. I then depleted my Hyatt account via speculate bookings (which I am 90% sure I'll use) prior to the coming devaluation. I may then be done with Chase Saphire Reserve (after their AF increase) and Hyatt.
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Originally Posted by MarkOK
(Post 37625824)
... even before this change I have been having a harder time finding >2 cents per point valuations in my normal travel habits.
I'm someone who enjoys the "thrill" of redeeming 5k pts at somewhere I actually want to go. Last year it was Lindner Prague and Vienna. This year it will be Caption Namba and somewhere in KL. I enjoyed HP Moab as cat 2 and HP St George as cat 1; at cat 5 and cat 3 respectively now, they're like old Exs no longer relevant, I wave and turn the other way. In the new scheme, there will likely be fewer great deals. I'm hopeful it will still produce good/decent values here and there, especially in shoulder and off seasons. One of the things I "hate" about current redemption environment is that it "forces" me to redeem in the high season for good CPP. I actually want to go to places in the off season to avoid crowd; maybe I can in the future IF awards drop to the lowest band. |
I went to go blow a decent chunk of points before the devaluation and I cannot find standard room redemptions. There is an event that I want to go to in AMS the second weekend of September and room rates are ridiculous.
I looked at a couple of other dates in November/December and it is the same deal. The skeptic in my feels that all of the properties are playing games in advance of the devaluation. If someone told me that is how it is now, I would believe it because I have not been traveling much over the last year. |
Originally Posted by saltytheseagull
(Post 37649261)
I went to go blow a decent chunk of points before the devaluation and I cannot find standard room redemptions. There is an event that I want to go to in AMS the second weekend of September and room rates are ridiculous.
I looked at a couple of other dates in November/December and it is the same deal. The skeptic in my feels that all of the properties are playing games in advance of the devaluation. If someone told me that is how it is now, I would believe it because I have not been traveling much over the last year. |
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