World of Hyatt are offering a 30% bonus on purchased points until 23 February, 5:59 pm NZST.
This is an offer worth looking at for high-end Hyatt hotel redemptions.
Why purchase points?
World of Hyatt points can be redeemed at Hyatt hotels worldwide, including properties located in Melbourne (3), Sydney (2), Perth and Canberra (1 each).
There are no Hyatt properties in New Zealand however the Park Hyatt Auckland is set to open sometime in 2019.
Grand Hyatt Melbourne
The Australian Hyatt hotels are in fairly high redemption categories, meaning the cost per night in terms of purchased points is relatively expensive—other Hyatt hotels around the world can be more competitive.
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.
You can receive a bonus on purchases of 3,000 points and above. The maximum amount you can buy is 71,500 points, including the bonus, for US$1,320, or about 1.85 US cents per point.
Previous promotions have offered World of Hyatt points with the following bonus amounts:
|Date||Bonus Offer (%)||Notes|
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.
Breakfast at the Hyatt Regency Sha Tin, Hong Kon
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.
Note that the Park Hyatt Sydney allows points redemptions for base rooms only.
Alternative Opportunity 2: Points + Cash
There are also points plus cash redemption options available to use points on as well.
The cash co-payment is based on half of the published rate for the night.
The advantage of this method 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 these deals and see if the maths works out.
Alternative opportunity 3: Redeem points for FIND Experiences
Like other major hotel chains, Hyatt has added the option of redeeming your points for activities such as yoga, guided hikes and cooking classes.
From a value point-of-view, it is probably best to just pay in cash and earn 10 Base Points per eligible US$1 spent.
You can find more information on the program on the Hyatt website.
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.