SPECULATION: Is a Points Devaluation Coming In August?
#61
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Yes, obviously you view it that way. But can you provide any sound logic as to why a list of numbers with no property identification or category listing means anything,
This sounds similar to the folks claiming SPG was being massively devalued because MR award levels were so much higher and their 20K SPG points could not longer get a decent luxury hotel but only a low end boondocks MR room. Without the exchange rate, it's a meaningless conversation.
This sounds similar to the folks claiming SPG was being massively devalued because MR award levels were so much higher and their 20K SPG points could not longer get a decent luxury hotel but only a low end boondocks MR room. Without the exchange rate, it's a meaningless conversation.
#62
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btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
Last edited by CPRich; Apr 17, 2018 at 9:03 am
#63
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At 4:30PM ET yesterday, the first thing I did was look for the Travel Packages. I saw nothing either way. Then, a half-hour later, I found this buried deep in the FAQ under the question about the United partnership:
Originally Posted by Marriott FAQ
There are no changes to the United RewardsPlus offering. If you have Platinum Premier Elite status, you will still be able to link and upgrade your United MileagePlus Account to Premier® Silver status. In addition, all members receive bonuses when converting points to United MileagePlus miles and on RewardsPlus Hotel + Air Packages.
And the bloggers all seem to think the TPs will survive, so there's that...
Well, YMMV. Hyatt's smaller footprint may certainly matter to some travelers for specific reasons, but I think this is too often overstated. Hyatt does have a couple hotels in central London. Hyatt does have 4 hotels in the city of Paris (including one that is gotten with a mid-tier award category). As for other places (including in Europe), the recent integration of Oasis Homes into the rewards program puts Rome, Barcelona, and other destinations without a Hyatt hotel on the map for status earning and award earning/redemption, and gives more options in Paris, London, etc. I only need 1 good hotel in these cities to make me happy, -- Starriott having 4 additional options in Paris doesn't matter when I have four great choices with Hyatt already. Yes, the footprint matters to some, but not so much that I think Marriott can be dismissive of the competition.
#64
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Based on the details so far revealed about the new combined program, the sky is most definitely not falling. So while I suspect we will see some overall upward creep in award prices when properties are assigned to new categories, I don't see a "massive devaluation" coming. Moreover, the increased elite bonuses (75% vs. 50% for current MR Plats) will help to offset any increase in award rates.
Sorry but I really don't know. Thanks!
#65
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Well, YMMV. Hyatt's smaller footprint may certainly matter to some travelers for specific reasons, but I think this is too often overstated. Hyatt does have a couple hotels in central London. Hyatt does have 4 hotels in the city of Paris (including one that is gotten with a mid-tier award category). As for other places (including in Europe), the recent integration of Oasis Homes into the rewards program puts Rome, Barcelona, and other destinations without a Hyatt hotel on the map for status earning and award earning/redemption, and gives more options in Paris, London, etc. I only need 1 good hotel in these cities to make me happy, -- Starriott having 4 additional options in Paris doesn't matter when I have four great choices with Hyatt already. Yes, the footprint matters to some, but not so much that I think Marriott can be dismissive of the competition.
Hyatt is unusable through most of Europe. As a former Hyatt Diamond, I know how difficult it would be to book a European vacation (and many other parts of the world) with Hyatt. I had hoped that the Andaz Munich would open - maybe some day. Forget about Italy, Greece and most other EU countries with Hyatt unless you want to do the AirBnB (aka Oasis Homes) route which is also limited to 21 cities. No thanks -a lot of times, home rentals deliver less than they promise; sometimes, MUCH less. If I were interested in something other than a hotel, I'd go the timeshare route. And I don't plan on doing timeshares.
Bottom line is that Hyatt is not a standalone hotel loyalty program unless you have a very limited list of destinations you want to travel to. If it works for you, great, but there are many, many areas of the world not covered by Hyatt. Put as many coats of lipstick on it as you like, but it is not a standalone loyalty program. As a program to augment Marriott or Hilton, sure. But not a standalone hotel loyalty program.
#66
Join Date: Oct 2001
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Sorry, but 40-45 going to 50 and 40-45 going to 90 is not "splitting hairs". It's a completely different action. I've already said there is annual inflation, but massive 50% devaluation is not going to happen. With which part of my statement don't you agree? Or do you consider moving from 45K-50K to be "massive devaluation", in which case justabout every program has "massive devaluation" every year or two and the phrase becomes meaningless.
btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
It's brutal giving the "facts" but you are much more accepting than the rest of us, especially since there is nothing we can do about it but complain! I do envy your calm demeanor
#67
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Sorry, but 40-45 going to 50 and 40-45 going to 90 is not "splitting hairs". It's a completely different action. I've already said there is annual inflation, but massive 50% devaluation is not going to happen. With which part of my statement don't you agree? Or do you consider moving from 45K-50K to be "massive devaluation", in which case justabout every program has "massive devaluation" every year or two and the phrase becomes meaningless.
btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
It's brutal giving the "facts" but you are much more accepting than the rest of us, especially since there is nothing we can do about it but complain! I do envy your calm demeanor
#68
Join Date: Jun 2016
Posts: 99
Sorry, but 40-45 going to 50 and 40-45 going to 90 is not "splitting hairs". It's a completely different action. I've already said there is annual inflation, but massive 50% devaluation is not going to happen. With which part of my statement don't you agree? Or do you consider moving from 45K-50K to be "massive devaluation", in which case justabout every program has "massive devaluation" every year or two and the phrase becomes meaningless.
btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
btw, saying "no way 40 will go to 35" is pretty meaningless when not one said it would.
#69
Join Date: May 2002
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Multiple Choice Test
Pick the correct answer.
Question 1. During the announcement carried live on Facebook on April 16, 2018, David Flueck, Senior Vice President, Global Loyalty, said which of the following?
A. "We're moving to one combined award chart. We're going to use this opportunity for a drastic devaluation to alienate our loyal members."
B. "If you want to use points for Hawaii, act quickly. Full-service resorts in Hawaii will jump from their current 40,000 points per night to 85,000 and even 100,000 ponts per night."
C. "A" and "B"
D. "We're moving to one combined award chart, that's even better value for your points. As we move to one award chart, the amazing thing is we have more hotels that are going down in cost than are going up in cost."
The correct answer is D.
Pick the correct answer.
Question 1. During the announcement carried live on Facebook on April 16, 2018, David Flueck, Senior Vice President, Global Loyalty, said which of the following?
A. "We're moving to one combined award chart. We're going to use this opportunity for a drastic devaluation to alienate our loyal members."
B. "If you want to use points for Hawaii, act quickly. Full-service resorts in Hawaii will jump from their current 40,000 points per night to 85,000 and even 100,000 ponts per night."
C. "A" and "B"
D. "We're moving to one combined award chart, that's even better value for your points. As we move to one award chart, the amazing thing is we have more hotels that are going down in cost than are going up in cost."
The correct answer is D.
#70
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10% of properties going up 15% is not a 15% devaluation of the program. It's (without getting into weighting) roughly a 1.5% decrease in the value of the program.
You don't believe that 1 property going up 100% and 4080 properties (MR count from my 2015 data) staying flat is a 100% devaluation of the program, do you?
We haven't seen the entire MR program weighted devaluation go down 25% since...ever.
Last edited by CPRich; Apr 17, 2018 at 10:28 am
#71
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40 going to 45 is 13% "annual inflation", 40 going to 50 is 25%. We haven't remotely seen that since the 1980's being in the 1-2% for a decade now.
It's brutal giving the "facts" but you are much more accepting than the rest of us, especially since there is nothing we can do about it but complain! I do envy your calm demeanor
It's brutal giving the "facts" but you are much more accepting than the rest of us, especially since there is nothing we can do about it but complain! I do envy your calm demeanor
People can accept the changes or people can complain and be bitter about the changes. Either way, there will be the same changes, regardless. I’d think acceptance is wiser since the alternative accomplishes nothing.
I have disagreed many times in the past with @CPRich. But I couldn’t agree more with him now.
#72
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#73
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Most likely I will transfer my points to airline miles .... so as long as the exchange rate is reasonable I'm quite happy
They mention about 3 points to a mile (needs to wait the full detail of the rate)
Still good for me
They mention about 3 points to a mile (needs to wait the full detail of the rate)
Still good for me
#74
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I will complain if complaints are needed, though will realize there is little that can be done. But it often helps in influencing future decisions, like a coach complaining about a call to get the benefit of the doubt on the next one..
What I won't do is make up data based on nothing, or accept others making up data based on nothing, then going hysterical about it. I react to news, not speculation.
Otherwise, I would have joined the class action lawsuit.
(I also won't do bad math)
What I won't do is make up data based on nothing, or accept others making up data based on nothing, then going hysterical about it. I react to news, not speculation.
Otherwise, I would have joined the class action lawsuit.
(I also won't do bad math)
Last edited by CPRich; Apr 17, 2018 at 10:26 am
#75
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