The Hyatt Gold Passport award chart devaluation was big news this week.
Coming after a huge devaluation from United and an interim devaluation from Delta, because they couldn’t wait for their June 1 and onward devaluation to take full effect, and in the context of this year’s total gutting of Hilton HHonors, I was prepared to hate — though possibly overreact — to what Hyatt has done.
My major reaction was likely because the biggest increases in award nights, while centered on only 13 hotels, are increasing the costs of the precise hotels that I want to redeem for. And of course they’re increasing the cost of upgrades on paid nights as well.
But if we’re going to understand what Hyatt has actually done, I think it also makes sense to look at the overall effect on their award chart.
So I built a spreadsheet. I took the number of hotels that Hyatt lists as being in each category, and came up with an average number of points to redeem for an award night under the current award chart. Then I plugged in the category changes to compare what award nights, on average across all Hyatt properties, cost under their new chart which goes into effect in early January.
I admit, I was surprised. This is an across-the-board 4% increase.
How it affects you depends on how you use your points. I focus on the higher-end properties when using my points, so this impacts me much more. But for standard award night redemption, the program as a whole only suffers a 4% devaluation. Most of us don’t get excised over that when the federal reserve does that to our cash savings.
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[…] so it’s natural that I have to redeem more points. View from the Wing calculated that Hyatt’s recent devaluation works out to only 4% on average — and on an annual basis, Gold Passport’s inflation is less than that of the […]