Following the recent rumors about changes to Points + Cash and Premium Suite redemptions, Hyatt has confirmed that those rumors were true and officially announced the upcoming changes on November 1, 2018.
Points + Cash
First of all, a quick recap of the negative changes regarding Points + Cash bookings. At the moment, Points + Cash stays require that you pay 50% of the standard points amount along with a fixed cash amount.
From November 1, it’s the cash element that’ll be changing. Rather than being a fixed amount, it’ll be based on 50% of the standard rate. Seeing as the standard rate will nearly always be higher than other rates like Advance Purchase, AAA, etc., that makes this negative change even more expensive.
Here’s the table World of Hyatt has provided detailing the new terms:
You’ll now also be able to book standard suites using Points + Cash on the following basis:
On the positive side, November 1 will also see the introduction of Premium Suites being bookable using points.
This has the potential to offer phenomenal value, so long as Hyatt properties make premium suites available. For example, if you wanted to watch the Packers at home against the Dolphins in November, you could book a One Bedroom Executive King Suite at the Hyatt Regency Green Bay. This is a premium suite with a cash price of $570 per night that weekend.
The final cost would be $657.83 per night for a two night stay once taxes and fees are taken into account.
The Hyatt Regency Green Bay is a category 1 property, so a premium suite will only cost 10,000 points per night. Based on the cash price, that’s a redemption value of 6.58cpp.
Premium suites will also be bookable using Points + Cash. That’s not likely to offer great value though given that you’d be paying 50% of what will presumably be a high cash price given the room type.
A potentially better value will be using points to upgrade to a premium suite, another option being introduced on November 1.
Changes will also be introduced for stays at Miraval Resorts. Standard rooms, standard suites and premium suites will be bookable using Points + Cash…
…while you’ll also be able to book premium suites using only points, although that’ll cost a steep 105,000 World of Hyatt points per night.
If you’re someone that frequently booked Points + Cash stays in order to increase the number of stays you could get from your points, these changes are disappointing as it’ll make your future stays more expensive the majority of the time.
If, on the other hand, you have an abundance of points, these changes might be positive if you’d always wanted the ability to book premium suites but didn’t have that option in the past.
How about you? Do the Points + Cash changes decrease your interest in World of Hyatt? Or are you excited about the opportunity to finally book premium suites using points? Let us know in the comments below.