This is obviously worth a look if you need to top up your account. It may also be worthwhile if you are considering a stay in a top tier Park Hyatt such as Paris, where buying the points may be cheaper than paying cash – here’s my Park Hyatt New York review where I did just that.
There is no change to the annual ‘buy points’ cap so you are restricted to 55,000 points, assuming you haven’t already bought some this year. This will only get you one night at the very top hotels but 2-3 nights elsewhere.
This deal clearly won’t make sense at all Hyatt properties. However, if you are visiting an expensive city at peak season it is definitely worth doing the maths.
The upside is that a 25% discount (equivalent to a 33% bonus) is at the top end of the offers that Hyatt runs.
We value Hyatt points at 1.2p. At the top end you are paying $990 for 55,000 points, which is 1.43p 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 1.2p valuation is very conservative.
For example …. taking a night in October when I’m back at Park Hyatt New York on points …. the cash rate is currently $1,459 including tax. You can buy 45,000 points to book the same room for $810.
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 in 2021. Looking at suite upgrades, you are paying 6,000 points per night – or 9,000 for a premium suite – which would be (x 1.43p) £86 per night. This is good value, especially if the suite automatically gets you lounge access too.
The Hyatt ‘buy points’ site is here. The offer ends on 10th October.
World of Hyatt update – December 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.
World of Hyatt is offering a 20% bonus when you buy points by 4th December. Click here to buy.
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.