Hyatt used to let you book a ‘studio’ room at their Hyatt Residence Club (timeshare) properties for 12,000 points per night — flat — regardless of property. The price was the same regardless of property and had remained fixed this way for many years. Higher level rooms were available at fixed prices as well. This was as follows:
- Studio: 12,000 points
- 1 Bedroom: 15,000 points
- 2 Bedroom: 23,000 points
- 3 Bedroom: 30,000 points
They’re timeshares, not hotel properties, and they aren’t subject to normal award availability rules.
The Residences at Park Hyatt Beaver Creek, credit: Hyatt
When Hyatt made changes to award prices at several hotels August 1 they also made changes to the redemption structure for Hyatt Residence Club properties. Only they didn’t announce those changes in advance.
Apparently what happened is:
- Hyatt eliminated the Residence Club award chart.
- They assigned each Residence Club property to a regular Hyatt Gold Passport Redemption level.
- And they forgot to tell anyone.
What’s more, by putting each property on the regular redemption chart there’s just two options — a standard room and a suite. You no longer have explicit choices for 2 or 3 bedrooms. Each property can choose what room to assign as a ‘suite’ redemption (e.g. they might designate a 2 bedroom as a suite and leave 3 bedrooms ineligible for redemption).
It’s a huge devaluation, albeit a reasonable one considering the points price of Residence Club properties haven’t changed in about a decade and some properties were going for about half what they ‘should have’ based on rates and quality.
These awards were great value (especially for families), at least when you could find availability, but since they applied to such a limited set of hotels they were easy to forget about.
Here’s the list of properties and their new award category/price:
|Residence Club||Award Category||Standard Point Requirement||Suite Point Requirement|
|Hyatt Pinon Pointe, a Hyatt Residence Club||4||15,000||24,000|
|Hyatt Hacienda del Mar, a Hyatt Residence Club||4||15,000||24,000|
|Hyatt Sunset Harbor, a Hyatt Residence Club||5||20,000||32,000|
|Hyatt Coconut Plantation, a Hyatt Residence Club||5||20,000||32,000|
|Hyatt Wild Oak Ranch, a Hyatt Residence Club||5||20,000||32,000|
|Hyatt Mountain Lodge, a Hyatt Residence Club||6||25,000||40,000|
|Hyatt Main Street Station, a Hyatt Residence Club||6||25,000||40,000|
|Hyatt Beach House, a Hyatt Residence Club||6||25,000||40,000|
|Northstar Lodge, a Hyatt Residence Club||6||25,000||40,000|
|Hyatt Windward Pointe, a Hyatt Residence Club||6||25,000||40,000|
|Grand Hyatt Aspen, a Hyatt Residence Club||7||30,000||48,000|
|The Residences at Park Hyatt Beaver Creek, a Hyatt Residence Club||7||30,000||48,000|
|Hyatt Siesta Key Beach, a Hyatt Residence Club||7||30,000||48,000|
|Hyatt Carmel Highlands, a Hyatt Residence Club||7||30,000||48,000|
|Maui Ka’anapali Beach||7||30,000||48,000|
|Hyatt High Sierra Lodge, a Hyatt Residence Club||7||30,000||48,000|
Ultimately though when a program announces changes, we should be able to assume the changes being announced are in fact all the changes.
I shouldn’t need to run down a list of all of a program’s features and ask whether or not those are changing, too. Diamond suite upgrades? Cash and points prices? Is base points-earning still 5 points per dollar? I think I’m going to have to build that sort of checklist and email it as an attachment next time I get notice about upcoming changes.
And when a program realizes it meant to give notice about some changes but forgot, they have two choices:
- Shrug shoulders and do what they had intended to do anyway.
- Stop. Give notice. Let members have the month you intended to give them.
In this case I think Hyatt chose poorly between these two options.
[…] Hyatt Devalued Redemptions at 16 Properties Without Notice: Here’s What Happened (View from the Wing). […]