Oct062016

Buy Hyatt points 30-40% bonus through October 25

Hyatt Gold Passport has a buy points bonus offer through October 25 for 30% bonus points when you buy 5,000 to 9,000 points and 40% bonus points for 10,000 to maximum 55,000 points. The regular price is $24 per 1,000 points. You can buy a maximum 77,000 points with this offer, if you have not purchased any Hyatt points in 2016. There is a purchase limit of 55,000 Hyatt Gold Passport points in a calendar year (bonus points excluded).

Hyatt Buy Points Oct 40% offer

You need to login to your Hyatt Gold Passport account to see the special bonus points offer.

My offer shows I can buy a maximum 53,000 points during this sale. In May 2016, I bought 2,000 Hyatt Gold Passport points for a redemption opportunity.

5,000 points is the minimum purchase to trigger the 30% bonus points. $120 = 6,500 Hyatt Gold Passport points.

  • 30% bonus points reduces the cost of Hyatt Gold Passport points from $24 per 1,000 points to $18.46 per 1,000 points.

10,000 points is minimum purchase to earn 40% bonus points. $240 = 14,000 points.

  • 40% bonus points reduces the cost of Hyatt Gold Passport points from $24 per 1,000 points to $17.15 per 1,000 points.

55,000 points will cost $1,320 and earn 77,000 points with 40% bonus points.

Analysis

I am not a buyer of Hyatt Gold Passport points on speculation. There are many properties where the reward night rate is so high that it does not make sense to buy points.

For example, 15,000 points for a category 4 hotel reward night will cost $264.

Here are hotel reward night costs when buying 10,000+ points at $17.15/1,000 points.

Use link for category 1 and drop down box on Hyatt webpage to see hotels for each HGP reward category level.

Hyatt Gold Passport category 1 hotels = 5,000 points = $85.75.

Hyatt Gold Passport category 2 hotels = 8,000 points = $137.20.

Hyatt Gold Passport category 3 hotels = 12,000 points = $205.80.

Hyatt Gold Passport category 4 hotels = 15,000 points = $257.25.

Hyatt Gold Passport category 5 hotels = 20,000 points = $343.00.

Hyatt Gold Passport category 6 hotels = 25,000 points = $428.75.

Hyatt Gold Passport category 7 hotels = 30,000 points = $514.50.

Hyatt Gold Passport Free Nights, Points and Cash and Upgrade Award tables.

Points and Cash improves the value of points for Category 2-6 hotel reward nights, but the Points and Cash copay for Category 1 and Category 7 hotels is actually more than the cost to buy points. A category 1 Points and Cash reward night requires 2,500 points + $50. You can buy 2,500 points for $42.88 during this sale. Of course, it can be worth paying more to book a Points and Cash reward nights anyway for category 1 or category 7 hotels to conserve your points for more redemption opportunities.

Still, there are a large proportion of hotels, and likely the majority of Hyatt hotels worldwide, where room rates are lower than the cost to buy points for reward nights. Hyatt properties have been on an upward trajectory run for the past seven years with hotels increasing their category level. Hyatt, like Starwood, has priced many of their hotels for points stays to a level that makes simply paying the room rate a better value, unless you are earning large numbers of points.

 

Hyatt Buy Points rates

Loyalty Traveler – Hotel Promotions Guide

Hotel loyalty program points and miles promotions for Best Western Rewards, Club Carlson, Choice Privileges, Hilton HHonors, Hyatt Gold Passport, IHG Rewards Club, Marriott Rewards, Ritz Carlton Rewards, Starwood Preferred Guest and Wyndham Rewards.

About Ric Garrido

Ric Garrido of Monterey, California started Loyalty Traveler in 2006 for traveler education on hotel and air travel, primarily using frequent flyer and frequent guest loyalty programs for bargain travel. Loyalty Traveler joined BoardingArea.com in 2008.

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Comments

  1. Very good analysis! I agree with everything you wrote. Thanks for getting the analysis of Hyatt P+C stays correct, as there is (someone else) with a Boardingarea blog who consistently gets P+C math wrong.

    RE: you observation that Cat 1 & 7 copays are higher than simply buying the points for an award stay, I wonder if Hyatt did that deliberately.

    What I mean is that one flaw in the Hyatt award chart is the huge 60% jump in cost to redeem a stay at a cat 2 vs. a cat 1 property. That makes awards relatively cheap for Cat 1 & 7, expensive for 2 & 3. I wonder if the beancounters at Hyatt deliberately made the cash portion of the P+C rates (relatively) expensive for cat 1 and cheap for cat 2 to “even out” their award chart.

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