World of Hyatt promised to suspend award category changes in 2021, with only four hotels moving up in the number of points required in mid-March.
They have had a change of heart, and a total of 10 hotels will require move points while only one will require less. Also, Hyatt is going ahead with the off-peak/standard/peak award pricing in 2021 that was set to take effect in 2020.
You can access World of Hyatt here.
READ MORE: World of Hyatt Rate & Bonus Points And Miles Promotions
Here are the changes:
UP
- Andaz Scottsdale Resort category 5 to 6
- Park Hyatt Aviara category 5 to 6
- Mar Monte Hotel (Unbound) category 4 to 5
- Hyatt House Nashville/Downtown category 4 to 5
- Hyatt Regency Grand Reserve Puerto Rico category 3 to 4
- Hyatt Regency Dharamshala category 2 to 3
- Hyatt Regency John Wayne Airport category 2 to 3
- Hyatt Place Delano category 1 to 2
- Hyatt Place Fair Lawn/Paramus category 1 to 2
- Hyatt Place Palm Bay/Melbourne category 1 to 2
Down
- Hyatt Place Houston Downtown category 3 to 2
Off-Peak – Standard – Peak July 1, 2021
Conclusion
Hotel occupancy and average daily rates have crashed due to the pandemic, yet only one hotel will require fewer points?
Can you guess what will happen in about a year when the rates have somewhat recovered? The award redemptions will go up, of course, even when there hasn’t been a change in underlying rates.
Not lowering award redemption rates in the current environment, is in effect, a devaluation.
“Not lowering award redemption rates in the current environment, is in effect, a devaluation.”
Just to be fair, don’t forget that Hyatt had from July 8, 2020 to February 28, 2021 worldwide 15-25% off award redemptions, which was quite generous.
California has 0 category 1 hotels after this change
Texas has 29 category 1 hotels before this change and after
What does that say about Hyatt? For sure its smart on their part, sucks for california
@disqus_DiAX0aE50x:disqus California simply has more wealthy individuals/visitors than Texas. Their purchasing power is far higher than in Texas. Any company would try to milk as much as possible from these wealthy guests
They could always host more CPACs with golden idols and nazi signs.
Hyatt reduced elite status requirements in half this year. For example, Globalist used to require 60 nights or 100,000 base points. This year, only need 30 nights or 50,000 base points.
I have not read (my problem) what dates in general are Off Peak, Standard, and Peak. Is there a % of the days in a year on average for these rates anywhere? I am sure Off Peak are many fewer than Standard. That would give a more clear picture.