1,000 British Airways Miles Per Night at Hyatt

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1,000 British Airways Miles Per Night at Hyatt

Million Mile Secrets1,000 British Airways Miles Per Night at HyattMillion Mile Secrets Team

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Most mile and point promotions award bonus miles and points per stay instead of per night.

For example, Hyatt’s current promotion with Aeroplan (Air Canada’s frequent flyer program) give you 2,500 miles per STAY. This means that you earn 2,500 miles regardless of whether you stay for 2 nights or 20 nights.

Up to 31st October you can earn 1,000 British Airways (BA) miles, per NIGHT stayed at Hyatt. There is a limit of 30,000 miles earned which is  30 nights.

This is an improvement over the regular 500 BA miles earned per stay, but is it worth changing your earning preference to BA miles instead of Hyatt points?

Long Stays at Cheap Hyatts

This promotion may be useful for long-ish stays at Hyatt hotels at cheap-ish room rates.  Or if you’re looking for ways to top off your British Airways account.

That’s because I value Hyatt hotel points more than I value British Airways miles, so it only makes sense to get British Airways miles (instead of Hyatt points) on those occasions when I would earn very few Hyatt hotel points.

This usually happens at lower priced Hyatts such as Hyatt Place.

Calculations:

Let’s say I value British Airways miles at 0.8 cents per mile, Aeroplan miles at 1 cent per mile,  and Hyatt points at 1.5 cents per point.

For example, if you stay at a Hyatt for 7  nights you could earn:

a) 5 Hyatt points per $1 spent or 3,500 Hyatt points ($100 room rate per night X 7 nights X 5 points per $1 spent) assuming a room cost of $100 per night – $53 value (3,500 points X 1.5 cents per point).  This doesn’t include the 15% Platinum bonus or the 30% Diamond bonus.

b) 2,500 Aeroplan miles$25 value (2,500 X 1 cent per mile) or

c) 7,000 (1,000 miles a night X 7 nights) British Airways miles$56 value (7,000 X 0.8 cents per mile)

The above calculation doesn’t include the 1,000 point Diamond amenity since you get that if you choose to earn miles or points.

As you can see, there is only a slight benefit to choosing to earn British Airways miles instead of Hyatt points.  But this may change if you are a Hyatt elite member or if you value Hyatt miles and BA points differently than I do.

In general, British Airways miles are expensive to use for coach travel on British Airways itself because of the high fuel surcharges of ($200 to $300 per leg).

But you need only 25,000 BA miles for travel within the US on American Airlines or 40,000 miles for travel from the US to South American on coach in either LAN airlines or American Airlines.

Terms & Conditions:

1 You have to register for the promotion

2) Stay at a Hyatt hotel between August 1, 2011 and October 31, 2011

3) Provide your British Airways Executive Club account number at check-in

4) Pay an Eligible Rate during each stay

An “Eligible Rate” shall be defined as any hotel published room rate, including, but not limited to rates found on hyatt.com, the Hyatt Daily Rate, Volume Account Rates, AAA and Senior Citizen rates.

Link to Terms & Conditions

Bottom Line: This may be helpful to top off your British Airways account, but may not be as valuable as earning Hyatt points for Hyatt stays.

Do you usually earn miles or points on hotel stays?

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I think the “what I’m willing to pay” valuation (WIWTP) method is the most useful. But, I usually adjust that value upward for aspirational awards. For instance, I might be willing to pay $2,500 for a first class ticket to Europe, and the retail price may be $12,500. So, for 125,000 miles, the WIWTP value is $0.02, and the retail price value is $0.10. I weight it close to the WIWTP value, but may give that value a slight bump in my mind.

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Million Mile Secrets

@Chris – I do something similar. I calculate what I would be willing to pay if I had to spend cash, and then add in a little extra to account for the aspirational nature of the award. It’s not an exact science!

As a fellow finance guy, I also find myself endlessly comparing the relative values of promotions. One thing that I do struggle with, is assigning a value to each chain’s miles/points.

I love how you have a pretty good idea of how much you value each mile/point at, and would love if you made that a feature of your site (or at least a blog post at some point).

Obviously everyone will have a different true value per point because of redemption preferences, but honestly, I’d take your best guess at a their value over most other people.

Author
Million Mile Secrets

@JP – Yes, it is quite easy to spend a lot of time comparing values. Valuation is a tough question, because everyone’s needs and preferences differ. I value hotel points more simply because I don’t (relatively) have that many when compared to air miles.

There are lots of different ways to value miles and points – is it LCM (lower of cost or market value), is it the replacement value, is it the actual value of the reward I’d get, is it what I’m willing to pay? In general, I use the “what I’m willing to pay” method to value a mile or point. But you’re right – it would be a good idea to share on the blog!