Analysis of Hyatt’s “Faster Free Nights” Value
The Faster Free Nights promotion is simple. Stay two times and receive a free night credit valid for almost any Hyatt systemwide. Almost any online rate bookable through Hyatt.com is eligible including senior and AAA rates.
Pay with a MasterCard and earn 2,000 points after every two stays.
Sample earning and burning scenario for two stays this weekend in Phoenix, AZ:
Stay 1: Hyatt Place Phoenix North
Total points earned = 2,310 for this stay
Friday, September 5, 2008
Book the AAA rate through Hyatt Gold Passport Special Offers page link for a 2,000 points G2 bonus on Hyatt.com = $62.00 + 6.82 tax (11.0%) = $68.82
Stay Points earned = 62 x 5 points/$1 = 310 points (Gold Passport Diamond member can also earn 500 points amenity per Hyatt Place stay)
G2 bonus = 2,000 points
Stay 2: Hyatt Place Scottsdale Old Town
Total points earned = 3,400 for this 2nd stay during FFN promotion
Saturday, September 6, 2008
Book the AAA rate through Hyatt Gold Passport Special Offers page link for a 1,000 points G1 bonus on Hyatt.com = $80.00 + 9.54 tax (11.92%) = $89.54
Stay points earned = 80 x 5 points/$1 = 400 points
G1 bonus = 1,000 points
MasterCard payment bonus = 2,000 points
Faster Free Nights = 1 free night credit
Total cost = $158.36 for two stays
Total earnings = 5,710 points (6,710 points for a Hyatt Diamond elite member) + 1 free night with Faster Free Nights promotion. Typical value for Hyatt points is around $30 per 1,000 points redeemed.
Sample Free Night Redemption Opportunities:
Thursday, October 16, 2008
335GBP/night = $621.87USD
Hyatt Gold Passport Category 5 hotel requiring 18,000 points free night or one FFN credit.
Redemption value = $34.55/1,000 points
Friday, October 17, 2008
$405 ($462.69 with tax)
Hyatt Gold Passport Category 4 hotel requiring 15,000 points for a free night or one FFN credit.
Redemption value = $30.85/1,000 points
At these redemption values the 5,710 points earned from the two Hyatt Place stays, if valued at $30/1,000 points, will have a redemption value of $171.30. The points are in addition to the free night credit and the overall cost of the $160 weekend at Hyatt Place hotels in Phoenix area can bring a future return in redemption value of about $600 to $800 in free hotel stays.
Hyatt’s Faster Free Nights is one of the best value hotel loyalty program promotions available to the traveler right now.