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Update 22 February 2024: Hyatt has now officially unveiled its new promotion and it’s what we expected (details)
Officially, Hyatt isn’t currently running a global promotion and no global Hyatt promotion has been announced, but thanks to what appears to have been an unintentional leak, we think we know what will be announced in the coming days, and I may be able to use this promotion to my advantage.
Hyatt’s upcoming promotion
Earn 3,000 bonus World of Hyatt points for every 3 nights stayed between 1 March and 30 April 2024. A maximum 21,000 bonus points can be earned through this offer.
Holders of the World of Hyatt Credit Card and the World of Hyatt Business Credit Card can earn a further 1,000 bonus points for every 3 nights stayed at properties in 18 select destinations. A maximum 7,000 bonus points can be earned through this offer.
The 18 select destinations at which co-branded cardholders can earn the extra 7,000 bonus points on offer are: Australia, Germany, Hong Kong, India, Indonesia, Japan, Mainland China, Macau, Malaysia, Mexico, New Zealand, South Korea, Spain, Taiwan, Thailand, United Arab Emirates, United Kingdom and Vietnam.
I may use this to my advantage
There’s no getting away from the fact that if this is Hyatt’s new promotion (which it almost certainly will be), it’s not a promotion that going to inspire much excitement or interest, but it’s a promotion that I may be able to use to retain World of Hyatt Globalist status for slightly less than I may otherwise have had to pay.
In a nutshell: I know what most of my travels will look like for the rest of the year and based on what I have planned, I expect to fall between 8 and 10 night short of retaining the Globalist status that I’m enjoying right now.
Fortunately, a few things have come into alignment that can help me out:
- In the upcoming promotion, award nights are expected to earn bonus World of Hyatt points in the same way as cash bookings.
- I hold the World of Hyatt Business Credit Card which will allow me to earn up to 7,000 more bonus points in the upcoming promotion.
- I’m going to be spending some time in London and in Frankfurt during the upcoming Hyatt promotion.
- Both London and Frankfurt have Category 1 properties which will be charging 5,000 points per night on most nights that the promotion is running.
What this means is that I could use my World of Hyatt balance to book 9 nights at the Hyatt Place/Hyatt House properties in London and Frankfurt (at a cost of 45,000) to cover most (possibly all) of what my expected elite night shortfall will be, and then get back 12,000 points from the promotion (9,000 from the main promotion and 3,000 from the co-branded card promotion) to leave myself with a net cost of 33,000 points.
33,000 points for 9 elite night credits isn’t a particularly high price to pay (I value those points at $462), and if there still looks like there will be any kind of small shortfall as the end of the year draws closer, I can move some of my spending to the World of Hyatt Credit Card or World of Hyatt Business Credit Card to earn what remaining nights I need.
There’s no doubt in my mind that using $462 of points to lock-in Globalist status for a further year would be a good use of points, so the only thing holding me back from saying that I’ll definitely do this is the fact that we’re only in February and not November, so there’s plenty of time for the situation to change.
Hyatt may launch a more lucrative promotion later in the year, I may earn more elite night credits from my credit cards than expected, or my plans may change unexpectedly and I’ll find myself with more Hyatt stays than currently looks likely.
The question I’m now faced with is how do I feel about potentially ‘wasting’ 33,000 points if come the year end, I realise that the mattress run wasn’t necessary?
The truth is that I don’t yet know the answer to that, and that’s why I’m still only saying that this plan is one that I ‘may’ put into action. More thought is required.
Bottom line
The promotion that Hyatt has now unveiled (since this article was first written) isn’t one that looks particularly interesting or lucrative, but in my case, it may open up a path to locking in Globalist status for another year relatively cheaply.
Right now, I don’t know if I’ll be putting my plan into action, but it’s nice to know the plan is there if I decide that I’ll probably need it.
What would you do?
