Update: Hyatt has confirmed these changes and more. See this post from The Points Guy for more details.
It’s no secret that I’m a huge Hyatt fan. However, I’m really bummed about some rumored changes coming to the Hyatt program.
As I first saw on View From the Wing, Hyatt is rumored to be changing Points + Cash rewards. Instead of a fixed chart, the cash portion of the reward will change to half the price of the standard rate. Other blogs have confirmed this likely change, along with rumored changes for booking suites.
I have used Hyatt Points + Cash rewards many times. For my family, using this rate reduces our out-of-pocket cash cost for a trip and sometimes enables us to book two rooms for my family of five at a reasonable price. Using the Points + Cash rate allows me to stretch our Hyatt points for more reduced price trips.
Example of Rumored Price Change
The current Hyatt Points + Cash chart looks like this:
I’m considering a trip to Denver with my oldest son to visit family and attend the Denver Comic Con (recently renamed the Denver Pop Culture Con). I want to stay at the Hyatt Regency Denver at Colorado Convention Center since it’s connected to the convention center. The cheapest cash rate (World of Hyatt member rate, not a pre-paid rate) is currently $285/night.
Under the current World of Hyatt redemption rates, I can book this hotel for 12,000 points a night or 6000 points + $75.
Under the rumored new rules, the rate is 6000 points + half the standard rate. The standard rate for my time frame is $299, so my cost would be 6000 points + $149.50. Yikes! That’s double the current price.
Of course, I could always just book using the full points price of 12,000 points per night and not worry about the Points + Cash changes. However, my husband and I are saving our Hyatt points for a potential anniversary trip, so I’m not willing to part with that many points.
We currently have two rooms reserved on a Points + Cash rate at the Hyatt MCO the night before our cruise. Cash rates are also around $300 a night per room, so again under the new Points + Cash rules our cash portion would double.
What Should You Do?
If you were planning on booking a Hyatt Points + Cash rate for a trip within the next 13 months and you have the points, I recommend locking in the rate now, before the end of October, if the math works out in your favor. Pay attention to the cancellation policy of the hotel for your dates. If your trip is still a ways out, you can always cancel your reservation with no penalty if your plans change.
I went ahead and made a Points + Cash reservation at that Hyatt in Denver. While my trip plans aren’t set in stone yet, I can always cancel up to 48 hours before without penalty.
Are you planning on making any Hyatt Points + Cash reservations before the rumored changes? Is anyone excited about possible changes to booking suites?
Nancy lives near Dallas, Texas, with her husband and three kids. Her favorite vacations include the beach, cruising and everything Disney.