between $0.02 and $0.03.

At $0.03 its a good value at lower or higher end hotels. For example I just stayed 4 nights in Hawthorn Suites in Chandler, AZ for 3k points per night.

Given the room rate is about $90 after taxes per night this is $0.03 per point.

Funny 5 nights at a hotel like that is the same points as one night at a resort like Lake Tahoe.

Makes the new suites seem like a bargain....

$0.02/point is my two cents as well. I mostly use points for awards at PHs at international properties.

$0.02/point is mainly my gauge for booking a paid stay rather than an award stay.

RxTravel

PS- Welcome to the Hyatt Forum & FT.

FWIW, I value a GP point at about 1.5 cents, up from my previous valuation of ~1.0 cents per point last year and earlier due to the no credit for Priceline and award stay policy changes and the seeming lack of FFN promos in the future, that ups the value of a GP point to me since I now hafta use my points. :(

Valuation
 

I use 2 cents per point when considering a trade or deciding whether to use points or pay for a stay.

The value of the point depends what you would have been willing to pay for the room and the number of points required for the award.

Sometimes people post theoretical valuations how much the room would have cost had they paid for it instead of using points.

I value GP points around 1 cent each.

How would you value Hyatt points as compared to AA miles?

How many AA miles should I give for Hyatt points

I personally value a GP point at 50% more than an AA mile. A GP point = 1.5 cents and an AA mile = 1.0 cents. Also works nicely since 1 AA mile can be transferred into 2 HH points, and I value HH points at exactly 0.5 cents apiece.

I agree. Many times people say that a GP point is worth say 5 cents apiece to them because they redeem the points and get an RC Deluxe Oceanview room at GH Kauai that normally would cost ~$800 per night. That's not really a proper argument, because technically the majority of that $800 was due to their Diamond upgrade. They could have got that same room for $360 per night normally by buying the Gardenview and getting the Diamond upgrade into the RC Deluxe Oceanview. I for one would probably never pay the $800 for that room, but I would pay $249 for a Stay Cert there and use that, therefore if I use 15K points instead of the $249 stay cert, the value to me is really only ~1.5 cents apiece..............

Like you, I value a point as WHAT I WOULD BE WILLING TO PAY FOR THE ROOM IF I DID NOT USE POINTS.

Excellent point. I see people who think an airline mile is worth up to $.10 because it is possible to get International 1st class ticket for 100,000 miles that would cost $10K if you paid for it – but who would actually pay for that ticket? No one around here.

Exactly!!! That's why I value an AA mile at 1.0 cents, because I normally wouldn't pay more than ~$250 for a domestic flight in coach. And I doubt I'd pay more than $1000 of my personal money for a Int'l flight in F. I do value my UAL miles slightly higher though (1.5 cents per mile) because as a UA 1K, I calculate that I get that much extra out of my miles (by being able to change/cancel award flights without fees, better award inventory than regular folks, etc). Even if I am able to get more than 1 cent in value out of the miles, I normally find that I have to pull rabbits out of hats just to redeem airline miles anyways. :td:

I'm going to resurrect this thread to ask what you think was appropriate.

I am doing a matress run near Dulles and the Hyatt SS has a $59 rate with no G bonus and the Herndon East property has a $67 rate with a G3 = 1500 bonus points. With taxes, SS is approx. $67 and the HP is approx. $73.

I chose the latter as I concluded that it was worth paying the premium for the 1500 GP points and I do not plan on having breakfast at either property.

Agree?

If everything else is equal and the difference after tax rates is $6 and the point difference is 1,540 for base (1,552 for diamond), one would accrue 18,000 GP points - enough for a night in any Hyatt worldwide - for just over $70. Given my propensity to visit Park Hyatts on awards, I would suggest the value of the experience would exceed $70 in pretty much everyone's mindset.

18,000 GP POINTS? :confused:

I was extrapolating - the cost of the 1,540 GP points is $6 in your example. The most expensive Hyatts in the world require 18,000 GP points to redeem a night. If I could pick up a free night at PH Paris or Moscow by spending an extra $6 on 12 individual reservations ...

I thought you might doing that... Thanks!