Free nights expiring August 31 from the Hyatt Big Welcome Back promotion may be converted to 5,000 Gold Passport points according to this August 10 FlyerTalk post from Gold Passport Concierge.
Call Hyatt Gold Passport customer service to convert free nights you are unable to use by August 31, 2010 into 5,000 points.
I actually used all my free nights from the promotion twice as fast this time around by booking two rooms to share the Hyatt experience with friends and family on my free hotel stays this summer.
My free room nights each had a 22,000 points equivalent value for the Gold Passport category 6 hotels where we stayed in California and Colorado. Free breakfast all around was a huge Diamond member benefit for our groups of four and six people.
This customer service offer does not work in reverse for Gold Passport members who chose to earn 5,000 points for every two stays as their Big Welcome Back earning choice. Converting 5,000 points into a free Hyatt night anywhere would be just a little too generous!
A free night lost to expiration may be a dream stay opportunity in Paris, Tokyo or Sydney gone, but converting that earned free night into 5,000 points will at least set you up for a Hyatt Place free night in your future.
I give a thumb up to Hyatt Gold Passport for this conversion opportunity gesture.