For most readers this is the most minor change imaginable, barely worth noting, but it is symbolically significant I think and tells a lot about the difference in hotel loyalty programs so I’ve decided to highlight it in a standalone post (I first just included it as a bullet in today’s minor notes / list of links).
Hyatt shared that Párisi Udvar Hotel Budapest will jump from redemption category 2 up to category 5 on July 30. There’s still time to score a room at the lower price for future stays.
Credit: Párisi Udvar Hotel Budapest
The current redemption price of 8000 points per night is an absolute bargain.
Room rates here vary widely, for instance two different dates I picked varied by as much as 100%. Redemptions are even a deal at the cheaper rate here, but are almost unheard of with Hyatt points at the higher one.
What’s striking though is that Hyatt proactively shared the change of redemption category of one single hotel, in Budapest, Hungary.
I love that they’re proactively announcing this and hope they continue to do so with similar changes, what a stark and refreshing difference from other hotel loyalty programs. Hyatt (1) actually has redemption prices they share in advance with members, (2) offers good value for many of their redemptions, especially when room rates are high, and (3) gives advance notice to members when those rates will change — not just the once a year shifts of more hotels, but even this short window of notice moving a single hotel.
Hilton of course introduced point ranges and then eliminated award charts altogether, and stopped announcing when hotels changed redemption prices so they’ve quietly crept up. IHG has eliminated charts, but mostly continues to price based on them. Marriott has said they’re introducing points ranges, but haven’t yet gotten the IT in place to do it and doesn’t share changes in category during the year (their annual changes, by the way, are pretty much always brutal).
This one Hyatt redemption category change – even though the move is not in members’ favor – speaks volumes in favor of Hyatt. In the meantime you may want to book this one amazing value property for future stays quickly.