Between January 18 and March 15, 2012, you can get up to a 30% bonus when purchasing Hyatt Gold Passport points. Typically, I do not think purchasing points is worth it, but with this bonus and at a few select hotels, it can absolutely save you a boat load of money. To purchase points cost 2.4 cents/point and the maximum amount that can be purchased each year is 40,000 points. With this promotion, you will receive the following bonus:
- Purchase 1,000-9,000 points –> get a 10% bonus
- Purchase 10,000-29,000 points –> earn a 20% bonus
- Purchase 30,000-40,000 points –> earn a 30% bonus
Purchase points here.
Let’s take a few scenarios on how purchasing these points can actually be in your benefit:
Example 1: Hyatt Escala Lodge
This Hyatt property at the base of the Canyons Mountain in Park City, UT is a category 4 hotel (which means 15,000 points to redeem for a free night). During ski season, this hotel cost about $500/night. Instead you can purchase 35,000 points (thus netting you 45,500 points) for $840. These 45,500 points can be redeemed for 3 free nights, costing $280/night – much cheaper than the going rate of $500/night!
Example 2: Park Hyatt Maldives Hadaha
This new property in the Maldives is a category 6 hotel (which means 22,000 points to redeem for a free night).I checked a bunch of random nights and found the average night to cost about $1,000! With a high nightly cost, using points will essentially give you a buy one, get one! You can purchase 34,000 points, giving you 44,200. This will allow you to redeem for 2 free nights at a cost of $816 total – this is actually get than a B1G1!
If you know of any upcoming plans, I would absolutely look into the option of purchasing points and see if it worth it. I would probably steer away from purchasing points without having a redemption destination in mind. The reason for this is, as we all know, categories can change at any times, thus requiring more points. Additionally, frequent flyer points are constantly being devalued. However, since Hyatt just increased their award chart 2 years back, I do not see their points devaluing anytime soon – but again, you never know!
Thanks One Mile at a Time for sharing this great promotion!