Oasis Collection that recently became part of Hyatt’s Unbound Collection has been sold to Vacasa and no longer affiliated with the World of Hyatt.
World of Hyatt members that booked qualifying Oasis Collection rental before October 2, 2018, will receive their points and elite qualifying night credits. World of Hyatt is contacting affected members.
You can access Hyatt’s page for Oasis Collection here.
Here’s the announcement from Hyatt:
Vacasa, the largest vacation rental management company in North America, has purchased the Oasis Collections business. As a result, effective immediately, Oasis Collections is no longer affiliated with The Unbound Collection by Hyatt or the World of Hyatt loyalty program. We recognize that customer demand for the alternative accommodations offering remains strong for occasions when travelers seek more space or a longer stay, and we will continue to evolve our approach as to how we might best serve that need, which may include discussions with Vacasa.
Hyatt is in the process of reaching out to World of Hyatt members to assure them that Vacasa plans to honor World of Hyatt member reservations made before October 2, and World of Hyatt will award World of Hyatt points and tier night credits that members expected to earn for those reservations.
Oasis Collection became part of World of Hyatt just March this year (read more here). Seems that Hyatt decided to cut their loss and sold their share to Vacasa.
I was looking at Oasis rentals few weeks ago and they already had retreated from some cities in Latin America such as Rio de Janeiro where they had apartments available previously.
When they first launched with Hyatt, I was wondering if the founder was from Latin America because most of their destinations where in South America.