What is important here is that the annual purchase cap is doubled. This means that you can buy up to 110,000 points which is enough for a decent trip.
I have jumped on this deal because we are doing a 10 night US holiday for Easter. We need three nights in New York x 2 rooms and, at just 25,000 points per night per room for Thompson Central Park (reviewed here) or Andaz 5th Avenue, I will make substantial savings over paying cash.
Remember that Hyatt guarantees that you can book a room on points as long as standard rooms (ie the cheapest category) are available for cash.
Here is my Park Hyatt New York review from last year which I funded by purchasing points. Surprisingly I wasn’t keen on the $1,995 per night cash rate at the time, although rates are a bit softer this year.
Buying points clearly won’t work at all Hyatt properties. However, if you are visiting an expensive city at peak season it is definitely worth doing the maths. One upside of the cap being doubled to 110,000 points is that you can now buy enough points in one go for a 2-4 night break at a top hotel.
Remember that this is a 25% discount – not a 25% bonus. A 25% discount is equivalent to a 33% bonus which is about as good as it ever gets from Hyatt.
We value Hyatt points at 1.3p. At the top end you are paying $1,980 for 110,000 points, which is 1.48p each. You won’t get a steal on this basis but you should still come out on top at a good hotel on an expensive night. It’s also fair to say that, given current hotel prices, my 1.3p valuation is very conservative.
The chain has some excellent hotels, and I genuinely find Park Hyatt to be the best luxury chain which is run by one of the multi-brand groups. It doesn’t beat Four Seasons, Mandarin Oriental etc but I’d take one over a Ritz-Carlton, Waldorf Astoria or St Regis any day.
Hyatt has started letting you book suites online for points and there are some bargains to be had. Here is how I used that feature in Paris last year. Looking at suite upgrades, you are paying 6,000 points per night – or 9,000 for a premium suite – which would be (x 1.48p) £89 per night. This is good value, especially if the suite automatically gets you lounge access too.
Note that you must have been a World of Hyatt member for 60 days in order to buy points.
World of Hyatt update – January 2023:
Get bonus points: World of Hyatt is not currently running a global promotion.
New to World of Hyatt? Read our overview of World of Hyatt here and our article on points expiry rules here. Our article on what we think World of Hyatt points are worth is here.
Buy points: If you need additional World of Hyatt points, you can buy them here.
Want to earn more hotel points? Click here to see our complete list of promotions from Hyatt and the other major hotel chains or use the ‘Hotel Offers’ link in the menu bar at the top of the page.