World of Hyatt are offering a 30% bonus on purchased points until 4.59pm NZST February 24. This is an offer worth looking at for high-end Hyatt redemptions.
You can receive the bonus on purchases of 5,000 points and above. The maximum amount you can buy is 71,500 points, including the bonus, for $1,320 USD, or about 1.85 US cents per point.
Gold Passport points can be redeemed at Hyatt hotels worldwide, including those properties located in Sydney, Canberra, Melbourne, and Perth.
There are currently no Hyatt Hotels in New Zealand however the Park Hyatt Auckland is set to open in late 2018.
As usual with hotel points purchase promos, buying points to redeem immediately may make sense on a night at a hotel with a high rate, and in this guide I go into some examples of how to leverage Hyatt points purchases into cheaper stays.
World of Hyatt points purchase offer history
Previous promotions have offered World of Hyatt points on sale with the following bonus amounts:
- February 2018 (current offer): 30% bonus
- November 2017: 40% bonus
- July 2017: 40% bonus
- May 2017: 30% bonus
- October 2016: 40% bonus (tiered)
- August 2016: 30% bonus
- May 2016: 30% bonus
- February 2016: 30% bonus
- August 2015: 30% bonus
- May 2015: 40% bonus
- December 2014: 30% bonus
- September 2014: 30% bonus
- May 2014: 35% bonus
- December 2013: 30% bonus
Guide to buying World of Hyatt points to redeem for cheaper stays
The redemption opportunities in Australia using purchased World of Hyatt points are limited unless the nightly rates are otherwise exceptionally high.
Aspirational hotels overseas are usually a better option, often being put in lower redemption categories.
The process looks a bit like this:
- Research the paid rate and cost in World of Hyatt points for the date and hotel you are interested over on the Hyatt website
- Compare the cost of purchasing the points needed vs booking the paid rate, and see if there’s good value to be had
- If so, buy the necessary points and make the booking.
The cost in World of Hyatt Points for points or cash+points stays can be found on the Hyatt website here.
You can look up the categories of various Hyatt hotels globally here.
There can be a good saving based on the standard rates by booking with points – but that the saving will be more marked when the promotion is more aggressive and when redeeming for nights during peak, more expensive periods or at especially expensive hotels.
That said, in the past I have managed to leverage purchased points into a room at the Grand Hyatt when rates were much higher over a peak weekend in Melbourne, effectively halving the cost.
If you run some test bookings for dates you are interested in, and you see a high comparative rate, then that’s a great option to take advantage of buying points for.
Alternative Opportunity 1: Different room types
One useful benefit of World of Hyatt over other hotel loyalty programs is that they actively market a few different room types available for redemptions, so if you have specific room requirements, you can sometimes take advantage of points too.
Many other hotel programs only allow redemptions, or publish prices, for the base room type.
Alternative Opportunity 2: Points plus pay
There are also points plus pay redemption options available to use points on as well. These usually require a co-payment of around $120 or so for the Australian based properties, if there is availability available, and will cost you fewer points – usually around 65-75% of the full amount.
The advantage of points plus pay is that you’ll receive elite status nights on your World of Hyatt account for the stay, unlike an outright points booking, and of course, you can make the points in your account go further. Keep an eye out for them and see if the maths works out.
I have taken advantage of promotions in the past to buy Hyatt World of Hyatt points when there has been a specific use in mind, and it makes financial sense to do.
These aren’t points to buy and hold without a specific use in mind, but buying points to redeem outright could be useful if the maths stacks up.