[Changes Coming Next Week, Book Now!] Ouch: Hyatt Will Introduce Peak And Off-Peak Award Pricing

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Update, 10/20: Peak and off-peak pricing will go into effect at 11am ET on 10/26 for stays starting from 3/1/22. 

Update, 10/13: Peak and off-peak pricing has been pushed off several times due to the pandemic, but Hyatt tells me that they will be moving forward with these changes that were last pushed off until “mid-October 2021.” When it goes into effect, hotel stays starting in March 2022 will price at off-peak, standard, or peak pricing.

Book Hyatt award stays now to lock in standard pricing! If the award cost goes down due to off-peak pricing you’ll get an automatic points refund.

While award nights are typically cancellable until close to the stay, always check the cancellation policy before a speculative booking and set a reminder in your calendar for when to cancel it.

Post which hotels you will be booking stays at!


Originally posted on 12/4/19:

Hyatt has the most valuable hotel points, by far. So it’s no surprise that a devaluation was due and now it’s here.

Luckily, standard award pricing won’t change, but they are introducing peak and off-peak award pricing starting on 3/1/20. Hotel awards have the most value when you redeem for nights during peak season when prices are highest. Peak pricing takes away from that value.

Luckily, Hyatt is being more fair than Marriott. Peak pricing will be determined in advance and won’t change dynamically based on close-in pricing.

And they’re also not pulling a Hilton, Delta, or United by eliminating award charts.

Peak pricing will be done geographically, with all hotels in that region sharing the same peak dates. Hyatt will add an award calendar to find award rates over a month-long period.

If you book an award before 3/1/20 and the price goes down Hyatt will automatically credit your account. If the price goes up on an existing booking you won’t have to pay the difference.

Here is what the new award chart will look like, with peak and off-peak pricing:

Hotel (Click on category for list of hotels)Standard Room AwardPoints+30%-50% of Cash RateStandard Suite Night AwardPremium Suite Night Award
Category 1
3.5K Off-peak
5K Standard
6.5K Peak
1,750 Off-peak
2,500 Standard
3,250 Peak
6.5K Off-peak
8K Standard
9.5K Peak
7K Off-peak
10K Standard
13K Peak
Category 2
6.5K Off-peak
8K Standard
9.5K Peak
3,250 Off-peak
4,000 Standard
4,750 Peak
11.5K Off-peak
13K Standard
14.5K Peak
13K Off-peak
16K Standard
19K Peak
Category 3
9K Off-peak
12K Standard
15K Peak
4,500 Off-peak
6,000 Standard
7,500 Peak
17K Off-peak
20K Standard
23K Peak
18K Off-peak
24K Standard
30K Peak
Category 4
12K Off-peak
15K Standard
18K Peak
6K Off-peak
7.5K Standard
9K Peak
21K Off-peak
24K Standard
27K Peak
24K Off-peak
30K Standard
36K Peak
Category 5
17K Off-peak
20K Standard
23K Peak
8.5K Off-peak
10K Standard
11.5K Peak
29K Off-peak
32K Standard
35K Peak
34K Off-peak
40K Standard
46K Peak
Category 6
21K Off-peak
25K Standard
29K Peak
10.5K Off-peak
12.5K Standard
14.5K Peak
36K Off-peak
40K Standard
44K Peak
42K Off-peak
50K Standard
58K Peak
Category 7
25K Off-peak
30K Standard
35K Peak
12.5K Off-peak
15K Standard
17.5K Peak
43K Off-peak
48K Standard
53K Peak
50K Off-peak
60K Standard
70K Peak
Category 8
35K Off-peak
40K Standard
45K Peak
17.5K Off-peak
20K Standard
22.5K Peak
56K Off-peak
61K Standard
66K Peak
70K Off-peak
80K Standard
90K Peak

On the plus side, Hyatt is lowering the cost of incidental spending award that previously had no value. Starting on 1/29/20 you can use this award chart for spa, dining, and other spending. For example currently $1,000 of incidentals would cost 120K points, a value of 0.83 cents per point. With the new award chart it will cost 65K points, a value of 1.54 cents per points.

The annual category 1-4 anniversary night that comes with the World of Hyatt credit card actually becomes more valuable as that can now be used at category 4 hotels during peak season.

You can lock in current award pricing by making future reservations before 3/1/20.

Even with these changes, Hyatt points remain much more valuable than other hotel points.

You can transfer points from Chase to Hyatt instantly:

If you, a member in your household, or an authorized user has one of the following Chase cards, you can transfer points into miles:

Chase no-annual fee cards that are fantastic for earning points, but require one of the cards above for points transfers include:

  • Chase Ink Cash has a record high 75K signup bonus and earns 5 points per dollar on cable, TV, telecom, cellular, office supply stores, and gift cards from office supply stores, plus 2 points per dollar on dining and gas ($0 annual fee). Read more here.
  • Chase Ink Unlimited has a record high 75K signup bonus and earns 1.5 points per dollar everywhere ($0 annual fee). Read more here.
  • Chase Freedom Flex has a 20K signup bonus, plus earn 5 points per dollar on up to $12K in groceries for 1 year, plus 5 points on rotating categories, 5 points per dollar on travel purchased through the Chase Ultimate Rewards portal, and 3 points per dollar on dining and drugstores ($0 annual fee). Read more here.
  • Chase Freedom Unlimited has a 20K signup bonus, plus earn 5 points per dollar on up to $12K in groceries for 1 year, at least 1.5 points per dollar everywhere, 5 points per dollar on travel purchased through the Chase Ultimate Rewards portal, and 3 points per dollar on dining and drugstores ($0 annual fee). Read more here.

What do you make of the Hyatt changes?

HT: YoniPDX, via DDF

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31 Comments On "[Changes Coming Next Week, Book Now!] Ouch: Hyatt Will Introduce Peak And Off-Peak Award Pricing"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

Joel2

Will you be able to use a FNC for a off peak category 5?

yitz

Positive for me, I always travel off peak:) Worth the trade off. Even on peak is still a great deal compared to other hotels (even off peak rates at other chains are higher than on peak at Hyatt)

Jake

Points are becoming worthless. All airlines, and hotels will copy delta sky pesos. As long as us consumers are suckers and keep spending, the worse they will get.

Yyo

For all inclusive resorts it’s more worthed to use Hyatt points as it covers 2 people in the room where as if you pay chase points or cash the second person will make the price go up.

yang

Not true, all inclusive prices are for 2 guests with chase points too and sometimes cheaper than Hyatt award redemption. I’m going to the Zilara in Jamaica, originally I booked 3 nights for 75k Hyatt points for 2 people for regular guest room. I looked on Chase travel portal and they had the same dates for 72k Chase points for a SWIM-UP Junior Suite. So always good to compare both options

avraham

buddy the chase points are worth more the hyatt points? worth like 10 or 20 percent more then hyatt points so more liek you paid 72k chase instead of 75k hyatt but 72k chase is worth 80-85k hyatt so you paid more but then again you wanted a suite

judd

Is this true? if I see a hyat room for 15000 and chase has it for 13000 it isn’t alway better to go through chase? isn’t it a 1:1 transfer rate anyways

yang

sorry i’m lost, how’s 72k chase worth 80-85k hyatt? They transfer 1:1, please explain. But yes i could have redeemed about 11k chase for the same non suite room.

abey

post on some nice off-peak options ?

Simcha

Agree with that ouch!!

Corridor

What category is the Zilara Cancun? I thought the all inclusive weren’t part of a category?

!

As you noted was in the making, but gold compared to other airline/hotel devaluations

Jb

Please explain:
Chase sapphire reserve
“ 50% bonus value on using points for paid travel redemptions”

Josh

It use to bother me that chase closed my accounts,.after this news I can say that I don’t care anymore

ari3

Originally posted on 12/4/19.
Wow! they delayed this almost 2 years from the original announcement.

HelpMe

What about AI’s that are 20/25k as of now. How will they price?

Barak

Hi Dan, what happens if you book now and change the date later? Will the change trigger new award pricing?

Thanks Barak

GUWonder

Yes, changing the booking dates will trigger the new pricing — if this works the way it has before when Hyatt changed hotel and category award pricing/assignment.

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