Hyatt is making annual hotel category changes – making some hotels to more expensive points redemptions, while making other hotels less expensive, based on the room rates those hotels are projected to achieve. These changes will go into effect at 146 hotels on March 22, 2022 at 8:00 a.m. Central time.
What’s significant here is that even though slightly more hotels will go down in category (76) versus going up in category (70), this should still be seen as a devaluation – and in some cases a big one. For the first time ever Hyatt will charge category 8 prices for hotels that have been in their own portfolio for years, not merely partner hotels or hotels that are part of newly acquired brands.