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When Hyatt announced their award chart devaluation on November 10th, the deadline to book at the current rates by January 6th sounded like a relatively long time away. However, now that we are just a couple blinks away from Christmas Day, the January 6th deadline sounds very imminent. You basically have two weeks left to lock in Hyatt award reservations at current rates before some hotels will require about 37% more points to make an award reservation.
Given the impending deadline, I want to review some of the more major changes that are on their way, as well as discuss what you can do now to stretch your points and buy a little more time if your 2014 travel plans aren’t yet 100% certain. You can read the original post about the devaluation here.
Hotels and Redemptions Increasing in Points Price:
- Category 5 hotels increasing from 18,000 to 20,000 points per night. This includes hotels such as Hyatt Regency Grand Cypress, Hyatt Regency Waikiki Beach Resort and Spa, Hyatt Regency Lost Pines, Andaz Amsterdam, Park Hyatt Istanbul, Hyatt Regency Sochi, Andaz West Hollywood, Hyatt Place Midtown, and more.
- Category 6 hotels increasing from 22,000 to 25,000 points per night. This includes hotels like Andaz Maui, Grand Hyatt Kauai, Hyatt Regency Aruba Resort Spa and Casino, Park Hyatt Washington, Park Hyatt Chicago, Hyatt Regency London Churchill, Union Square New York, Andaz Liverpool, and more.
- Category 7 hotels introduced and hotels will be going from current rate of 22,000 to 30,000 points per night. This includes the Park Hyatt hotels in Beaver Creek, Milan, Paris, Sydney, Tokyo and Zurich.
Upgrades to a club room increase from 3,000 points for a four night stay to 3,000 points per night.
Upgrades to a suite increase from 6,000 points for a four night stay to 6,000 points per night.
Category 2 Club Rooms increase from 10,000 to 12,000 points per night. Category 2 suite awards increase from 12,000 to 15,000 points per night.
Category 3 Club Rooms increase from 15,000 to 17,000 points per night. Category 3 suite awards increase from 18,000 to 20,000 points per night.
Category 4 Club Rooms increase from 18,000 to 21,000 points per night. Category 4 suite awards increase from 23,000 to 24,000 points per night.
Category 5 Club Rooms increase from 22,000 to 27,000 points per night. Category 5 suite awards increase from 27,000 to 32,000 points per night.
Category 6 Club Rooms increase from 27,000 to 33,000 points per night. Category 6 suite awards increase from 33,000 to 40,000 points per night.
Category 7 Club Rooms will cost 39,000 points per night. Category 7 suite awards will cost 48,000 points per night.
There are a total of 38 hotels changing category, of which 21 are going to a higher category, and 17 are going to a lower category. This means that some hotels that are currently category 4’s at 15,000 points per night, are jumping to category 5’s that will soon require 20,000 points per night. Percentage wise, that increase is almost as large as going from a category 6 to a category 7.
Hyatt House Chicago/Naperville/Warrenville 2 to 1
Hyatt Place Chicago Warrenville/Naperville 2 to 1
Hyatt Place Cincinnati-Northeast 2 to 1
Hyatt Place Dallas/Grapevine 2 to 1
Hyatt Place Fort Worth/Cityview 2 to 1
Hyatt Place San Antonio Airport/Quarry Market 2 to 1
Hyatt Place San Antonio-Northwest/Medical Center 2 to 1
Hyatt Place Columbus/OSU 1 to 2
Hyatt Place Dallas/Arlington/Grand Prairie 1 to 2
Hyatt Place Dublin/Pleasanton 1 to 2
Hyatt Place San Antonio North/Stone Oak 1 to 2
Hyatt North Houston 3 to 2
Hyatt Regency Incheon 3 to 2
Grand Hyatt Jakarta 2 to 3
Grand Hyatt Sao Paulo 2 to 3
Hyatt Place New Orleans Convention Center 2 to 3
Hyatt Place South Bend/Mishwaka 2 to 3
Hyatt Place West Palm Beach 2 to 3
Hyatt Regency Osaka 2 to 3
Park Hyatt Chennai 4 to 3
Park Hyatt Hyderabad 4 to 3
Grand Hyatt Melbourne 3 to 4
Hyatt Regency Cambridge 3 to 4
Hyatt Regency Louisville 3 to 4
Hyatt Regency Perth 3 to 4
Hyatt Capital Gate, Abu Dhabi 5 to 4
Hyatt Regency Changbaishan 5 to 4
Andaz West Hollywood 4 to 5
Hyatt Chicago Magnificent Mile 4 to 5
Hyatt Place New York/Midtown South 4 to 5
Park Hyatt Melbourne 4 to 5
Hyatt Regency Huntington Beach Resort and Spa 6 to 5
Hyatt Regency Lake Tahoe 6 to 5
Hyatt Regency Maui 6 to 5
Park Hyatt Changbaishan 6 to 5
Andaz Liverpool Street London 5 to 6
Hyatt 48 Lex 5 to 6
Hyatt Union Square New York 5 to 6
Park Hyatt Beaver Creek 6 to 7
Park Hyatt Milan 6 to 7
Park Hyatt Paris Vendome 6 to 7
Park Hyatt Sydney 6 to 7
Park Hyatt Tokyo 6 to 7
Park Hyatt Zurich 6 to 7
Lock in Reservations by January 6th, Can Change Until February 15th at Old Rates
You have until January 6, 2014 to make a reservation at the current award chart rates, but you then have until February 15, 2014 to make any adjustments to existing reservations made by January 6th at the old rates (other than credit card anniversary nights at a hotel increasing from a Cat 4 to Cat 5). For example, say you book three nights for mid-March 2014 for a ski trip at the Park Hyatt Beaver Creek for 22,000 points per night by the January 6th deadline (as opposed to the going rate of $800 USD those dates!), but then decide you would rather wait and go for three nights in December 2014 before the February 15th deadline. You should be able to change your dates without paying an increased number of points. However, changes after February 15th would result in paying points based on the new award chart that will require 30,000 points per night instead of the current 22,000 points per night. That means a three night trip would go from 66,000 points to 90,000 points. Ouch!
So, it makes sense to lock in reservations by January 6th even if you aren’t 100% certain about your plans as that should buy you until February 15th to adjust the plans at the old award chart rates. I will likely be doing that for my own summer 2014 Hawaii trip and potentially even a late 2014 ski trip.
Remember you can transfer Hyatt points in instantly from the Chase Ultimate Rewards program if you need more points to secure the reservation you are after. You can also combine points with another Gold Passport member to reach an award threshold. What actions are you taking in light of the impending Hyatt award chart changes?