Source: The Points Guy
Summary
World of Hyatt’s award chart changes are now in effect, moving from a three-tiered to a five-tiered redemption pricing model with higher rates on new Upper and Top dates. The changes affect average award rates, with some properties increasing by as much as 59%. However, the average increase across 19 popular properties is around 10%. The new pricing structure has also changed the number of nights at each pricing tier, with most properties seeing a shift from Peak to Moderate rates.
Our Reading
The escape is carefully planned.
Hyatt’s new award chart raises redemption costs, but the increase varies across properties. Average point values have slipped to 1.57 cents, still a respectable return at the right property. Savvy members can find great value by shopping around the calendar. The program retains its value, but requires more planning to maximize rewards. The new pricing structure has also changed the number of nights at each tier, with most properties seeing a shift from Peak to Moderate rates. The Top-tier pricing is applied sparingly, and what was previously Peak pricing has largely migrated to Moderate rather than to the new Upper band.
The Grand Hyatt Kauai, Grand Hyatt Vail, and Andaz Prague have the most nights moved to the Upper and/or Top prices.
World of Hyatt’s new five-tier award chart is a reminder that even the best loyalty programs require careful planning to maximize rewards.
Author: Evan Null
