Hyatt Introduces Points & Cash, 20% Off Hyatt Daily Rate & More!

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I wrote about the change to Hyatt’s award chart last Sunday.  But Hyatt has good news to announce today.

Link:  New Hyatt Benefits

From January 7, 2014, you can now use a combination of Hyatt points and cash to book award nights!  This will help you save your Hyatt points when you book award nights.

Your Hyatt points used to expire in 12 months, but Hyatt is extending that to 24 months.  And you can get 20% off the Daily Rate if you are a Hyatt Platinum (which you get with the Hyatt credit card) or Diamond member!

Points Cash Coming To Hyatt

You Can Use Cash & Points To Stay At Hyatt Hotels!

New Points & Cash Award Chart

Here is Hyatt’s new Points & Cash award chart.

Points Cash Coming To Hyatt

Hyatt’s New “Points & Cash” Chart

You pay half the cost of a full award stay in points and a fixed amount in cash (the cash portion is usually less than the value of the points you are saving) with Hyatt’s Points & Cash option.

Let’s say you want to stay at the Park Hyatt Paris-Vendome over Valentine’s Weekend (February 14, 2014 to February 16, 2014).  

The Park Hyatt in Paris is currently a Category 6 hotel and will become a Category 7 hotel after January 7, 2014.  It would cost you 30,000 points per night or 60,000 points for the weekend if you booked the stay only with points after January 7, 2014.

Or you could pay ~ $1,506 in cash for the 2 nights.

Points Cash Coming To Hyatt

2 Nights At Park Hyatt Paris-Vendome Costs $1509

But using Hyatt’s new Points & Cash option, you only pay 15,000 points + $300 a night or 30,000 points & $600 for 2 nights.

Points Cash Coming To Hyatt

Park Hyatt Paris-Vendone, a Category 7 Hotel, Will Only Cost 15,000 Points + $300 A Night

However, Points & Cash rooms are subject to availability.  This means that while you can book a regular room if you pay the full price in points, you may not always be able to book the same room using a combination of points and cash.

So during high season or peak travel time (summer and holidays) you might not be able to book a Points + Cash room.  

You have to call 800-228-3360 within the US to book a Points & Cash room.

Points & Cash redemptions do count for elite stay credit when booking a Points + Cash room.  So those 2 nights you booked at the Park Hyatt Paris-Vendome would earn you 2 nights towards elite status.  

With Starwood hotels,  you don’t earn Starwood points on the cash portion of your Cash + Points reservation.  But, you will earn 5 Hyatt points per $1 on the cash portion of your Points & Cash reservation!

Points Cash Coming To Hyatt

You Earn 5 Hyatt Points Per Every $1 Spent At Hyatt, Including Points + Cash Reservations!

20% Discount for Elite Members

From January 7, 2014, Hyatt will offer a special “My Elite” rate to Platinum elite and Diamond elite members.

If you are a Platinum member (you can get free Platinum status with the Hyatt credit card) or Diamond member,  you can get 20% off the daily rate on a standard room (subject to availability).

With the 20% discount, you may even pay less than an Advanced Purchase nonrefundable rate!  But this rate is “subject to availability” and may not always be offered.

For example, the current Daily Rate is $339 (before taxes) at the Hyatt Regency Maui Resort and Spa.

20% off the Daily rate means that you would pay ~$271 ($339 less 20% or $68).

This is less than the Advance Purchase rate of $288!  And you do not have to pay in full in advance (like you normally have to with the Advance Purchase rate) and can cancel the booking without a penalty as long as you cancel it within the cancellation period.

Points Cash Coming To Hyatt

Platinum And Diamond Members Save 20% Off Daily Rates

Points Now Expire in 24 Months

Currently, your Hyatt points stays active as long as there’s activity in your Hyatt account within 12 months.

And you lose your points if there’s no activity on your account for 12 months.

But, beginning January 7, 2014, Hyatt is extending the inactivity period from 12 months to 24 months.  

This is a welcome change, but if you read Million Mile Secrets, you know that you can keep your hotel points active very easily!

Bottom Line

The Points + Cash, 20% discount to elite members, and extending the amount of time before your points expire from 12 months to 24 months are welcome changes to the Hyatt program!

I only wish that the Points & Cash option was available all the time, just like with standard room redemptions.

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17 responses to “Hyatt Introduces Points & Cash, 20% Off Hyatt Daily Rate & More!

  1. I am planning to go to Maldives in May next year for 4 days. So should I book with 88,000 points before 7th Jan or book with 50,000 + $600 after 7th June?

  2. Also these are my points from my Chase UR account.

  3. Standard room redemptions are currently also subject to availability also although they are mostly available and I assume P&C is no different.
    Currently hotels can technically run out of “points redemption rooms”

  4. 20% discount is only on a standard room and not on a suite? And do I have rebook after January 7th to get the discount if i already have a room at Hyatt Regency Maui?

    • @Zee – I’d book with 88K points now and lock it in. And if you find awards after Jan 7th, you could consider changing.

      @MyAnon – If there is a standard room for sale, you can book it with points. But if there is a standard room available, you may not be able to book it with cash and points if the hotel doesn’t want to make it available.

      @Juno – That’s correct. And not all hotels may offer the discount since it is subject to availability.

  5. Do I pay hotel tax only on the cash portion?

  6. I have just been approved (but have not yet received it yet) for the Chase Hyatt card. I will get 2 nts after I complete the min spend (which I plan to try to complete by Jan 7). My question is since I am getting 2 free nights,(not a specified # of points) will I still be able to use those nights to stay at the Park Hyatt in Paris even if the # of points required has increased (in case it is past the Jan 7 deadline)? How far out do I need to book for Sept 2014?

  7. hi! this is great! so if you do points/cash combo could you use the 20 percent off on top of that? thanks!

  8. The expiration of points from 1 year to 2 years is actually a downgrade, not the “enhancement” you mention. I (and you probably know this) have never heard of points actually being taken away from an account because of inactivity before this announcement. I can attest to this when I had no activity on my account for 3 years yet my points were never taken away. Those points never expired before, but now the time clock begins on another earnings program.

  9. Amy:
    I have never been charged tax on anything but the cash, if any, used to buy the room. So if you use Hyatt or IHG points or take the free anniversary night, or the IHG Ambassador BOGO weekend night for a free room there is no tax on any of the points related discounts, in NYC a savings of 14%. It adds up to significant savings and should be calculated when deciding which way to go.

    Gail:
    Two free nights is two free nights, you will be good. Wish I could tell you how far out to book, I would book it soon and have a backup plan for another hotel. The points game is based on being flexible and keeping the options open. In the case of Paris there is a lot of pressure on the hotel market and it can be hard to predict, so booking early is best.

    • @Amy – I’m guessing that you would have to pay tax on the cash portion just like with Starwood’s cash and points.

      @Gail – You can still use the 2 free nights at any Hyatt hotel even though the number of points has increased. I’d book as early as possible, and keep rechecking if nothing is available.

      @pinkscarf80 – You can’t combine the 20% discount with a cash and points rate.

      @Bill from Maine – Sure, Hyatt never actually enforced the terms and conditions, but they suddenly could have started enforcing it.

      @Brian (J) – Thanks for helping out!

  10. Hey Darius, do you know if the 2 free nights given by the Chase Hyatt CC for new applicants is able to be used by AU on the CC? Or can it only be used by the primary CH? Thanks in advance!

  11. If I pay with points and cash, can I still use a suite upgrade? I have diamond status.

  12. Hey,

    Does transferring points from UltimateRewards count as activity? Will that extend my point expiration date?

    Thanks

  13. Pingback: Hyatt Points Sale: Up to 20% Bonus on Purchased Points Through June 1, 2014 | Million Mile Secrets