The Hyatt Regency Bangkok Sukhumvit has launched the One Million Baht Club. For one million Thai Baht ($33,135) you can become a resident for a year and a whole lot more.
Your year-long Bangkok City Center stay is in a club room, so you get club level benefits including breakfast, light snacks, evening hors d’oeuvres and cocktails. Think of it like rent, without having to pay extra for utilities for housekeeping, and meals thrown in. You even get complimentary parking. And they throw in club lounge meeting room use, too, so call it your office. The first 20 people who do this get a Deluxe Club room upgrade.
They rebate 20% of the price (200,000 Thai Baht) as a statement credit for use in the hotel’s restaurants and bars, or for room service and even hosting events. That’s over $6500 in room service, on top of the club lounge food.
On your birthday they will throw you a rooftop party for up to 20, including two hours of complimentary drinks.
The hotel promises that your spend counts towards Hyatt points-earning and elite status. That earns you Globalist for a year, and a chunk of the way towards lifetime status as well.
You get 10 complimentary massages at the spa next to the hotel; 10 limo uses within Bangkok; a Viz Black Cad membership for use at Siam Paragon, Siam Center, Icon Siam and Siam Discovery; and an executive medical checkup (including roundtrip limo trnasfers) at Bumrungrad International Hospital.
Hyatt will throw in 10 nights of stays at your choice of their Thai resort properties in Hua Hin, Phuket, and Samui so you can get away from the city too.
After the dot com crash, when travel was cheap and liquidating excess hotel inventory cheaper, there was a guy who lived at the Hyatt Regency San Francisco. He’d Priceline his stay there 30 days at a time. Back then Priceline stays received elite benefits (like club lounge access) and earned elite credit as well. The cost was about $1000 per month, came with daily housekeeping, and was less than the cost of a local apartment. This deal is about three times as much money, but it’s 20 years later and comes with a whole lot more.
I have 9 or 10 confirmed suite upgrades (that can be used up to 7 nights apiece). That would cover suite upgrades for 20% of a stay. Perhaps they’d be inclined to offer confirmed suite upgrades with points for the rest, transferring a bunch of Chase points into Hyatt to cover it.
Thailand is closed to American tourists presently, but when they re-open this is a nice deal. You’ll just have to handle visas appropriately, with renewals and in some cases quick jaunts outside the country and then returning.