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When the pandemic first started to take hold last year, Hyatt announced that the planned introduction of peak/off-peak award pricing that had been set to take place on 22 March 2020 was being postponed until 2021. Then, In October 2020, Hyatt confirmed that the new award pricing would go live from July 2021. Now, however, Hyatt has a change of heart and it has announced that the peak and off-peak award pricing will not be coming into effect this year.
Hyatt Delays Peak & Off-Peak Pricing Again
Hyatt has today confirmed that it is postponing the introduction of peak and off-peak award pricing for the second time. The new award rates will no longer come into effect from July 2021 and instead, will be viewable from “mid-October” for stays from 1 March 2022.
Once implemented, this is what the new (standard room) World of Hyatt award chart will look like:
Clearly, this is very good news for World of Hyatt members.
While the new award chart prices were due to be introduced from 1 July, members would only have been able to make reward bookings at the current rates through June 2022 (assuming the bookings were made by 30 June 2021). Now, with the introduction of peak/off-peak pricing delayed to October 2021, members should be able to make reward bookings at the current rates through September 2022 as long as they’re prepared to book by 30 September 2021.
This is even good news for World of Hyatt members who don’t like making plans too far in advance. Up until now, we have all been working on the assumption that reward bookings made from 1 July 2021 would be made using the peak/off-peak pricing model but this latest delay means that all bookings for stays made through February 2022 will be priced up at the current rates regardless of when the booking is made.
World Of Hyatt Points Expiration Suspended Further
Under normal circumstances, World of Hyatt points don’t expire unless an account remains inactive for 24 consecutive months but Hyatt has just announced that it is (again) pausing the expiration of all points scheduled to expire between now and 31 December 2021.
In January 2022, however, any member who hasn’t had any qualifying activity in their World of Hyatt account for 24 or more months will forfeit all of their points. If this sounds like a position that you’re going to find yourself in, I strongly suggest that you try to get some kind of activity in your account before 1 January rolls around – there are various ways outside you can earn World of Hyatt points outside of hotel stays (see here) and if you have a Chase Ultimate Rewards credit card, you can even transfer some Ultimate Rewards Points to the World of Hyatt to generate the needed activity.
Hyatt has announced more good news for members of the World of Hyatt program today. The move to peak, standard, and off-peak award pricing is being delayed to March 2022, and the current points expiration suspension has been extended through to the end of this year.