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- šØ How to get maximum value from hotel points
šØ How to get maximum value from hotel points
I'll break down how I consistently get 3-4 cents per points in value... Plus, Hyatt has launched a great new feature.
Estimated read time: 4 minutes and 53 seconds
āļø If you have flights booked with Alaska or United, you might face some serious cancellations. Read more here about what you can do if youāve been affected by the 737 MAX groundings.
Good morning from Bangkok, a city that can only be described asā¦ moist. Very moist.
Now that Iāve grossed you out by saying MOIST three times, hereās what weāve got on deck:
šš¼āāļø Mike on the Move: My secret for getting 3-4 cents per point in value
Time for a quick update on how Iām using miles and points to hack my way around Asia.
As I mentioned, I am now in Bangkok, the city of angels. And no, Iām not kidding - locals actually call it the city of angels. So look out, Los Angeles.
I was lucky enough to fly here on Thai Airways the other day in their luxurious business-class cabin:
But this was part of a multi-leg flight that I booked from Beijing to Jakarta, Indonesia.
Since Aeroplan lets you add a stopover for 5,000 points, I was able to book both flights in business class and spend six days in Bangkok for a total of 50,000 Aeroplan points.
I tried to get a screenshot of the aforementioned booking, but Air Canadaās website is trash and nonfunctional (as usual). So I couldnāt.
Anyway, for nine hours in lie-flat beds, I was happy with myself. š
But I want to talk to you about something more important todayā¦ People often ask me a question along the lines of:
How do you manage to stay in such nice hotels all the time and not run out of points??
So today, I wanted to talk to you about a big theme of my current trip: Milking my World of Hyatt points to regularly get over three or four cents per point in value.
Iāll start with a fresh example of the hotel Iām at right now: The Hyatt Regency Bangkok Sukhumvit.
Itās a stunning, top-notch, 5-star hotel in the best neighborhood in Bangkok.
It has a rooftop bar with panoramic views, a club lounge for Globalists, and the best amenities in the biz.
So obviously, it cost me a fortune, rightā¦?
Well, actually, this is only a Hyatt Category TWO hotel, so it can cost as few as 6,500 points per night.
On my particular nights here, it was priced at 8,000 points per night.
Still, with a cash cost of $257 after taxes, Iām getting 3.2 cents per point here. Even if we throw the valuation aside, staying in a top-notch luxury hotel for 8,000 points per night is just a steal.
But this illustrates a point that I think a lot of people overlook:
Hyattās lower-category hotels offer significantly more value for your points than higher-category hotels the VAST majority of the time.
Piggybacking off of the example I just gave, letās look at the Park Hyatt Bangkok, the most premium Hyatt brand.
On the same night as my previous example, this hotel costs $376 after tax or 25,000 points per night.
In this case, youāre getting 1.5 cents per point - less than half the value of the other hotel, which, by the way, is also a 5-star hotelā¦ Youāre also spending more than three times the amount of points.
But Iām not going to stop there because I have multiple Hyatt Category 1 and 2 hotels booked that further illustrate this point.
For example, next week, Iāll be in Yogyakarta, Indonesia. Despite most people never having heard of this place, they have multiple 5-star, Category 1 Hyatt properties.
One of them, the Alila Solo, costs about $127 per night.
But as a Category 1, this hotel often only costs 3,500 points per night. In this case, youāre getting 3.6 cents per point. From a 5-star hotel. Thatās only a Category 1 property.
From here, Iām heading to Bali to begin the āEat, Pray, Loveā portion of my trip. Here Iāll be staying at another 5-star luxury property: the Alila Ubud.
As a Category 2 hotel, Iām spending 8,000 points per night on a property that otherwise costs $288 per night after taxes.
That means that, again, Iām getting 3.6 cents per point in value.
Continuing on the āEat, Pray, Loveā trend, letās head to India, which is a GOLD MINE for Hyatt hotelsā¦
For example, Iāve booked two nights at the Park Hyatt in Hyderabad. Despite being Hyattās most luxurious brand, this is only a Category TWO hotel.
After taxes, this hotel costs $239 per night, but only 8,000 points, yielding three cents per point.
Iāll also be in Chennai, staying at the worldās only Category 1 PARK HYATT. Thatās right, Hyattās most premium brand is in the lowest possible category.
Although it can cost as few as 3,500 points per night, my stay costs 5,000 points per night.
With a cash cost of $221 per night (after tax), this hotel is giving me 4.4 cents per point. š¤Æ
And to be clear, this principle works across the board. These are just a handful of examples of my personal travel over the next two weeks.
But how in the HELL do you even get Hyatt pointsā¦?
Thankfully, you can transfer Ultimate Rewards Points or Bilt Rewards to Hyatt at a 1:1 ratio.
So if you sign up for a credit card like the [[ chase-sapphire-preferred-card.name ]] and get the 60,000-points welcome offer, you could book as many as 17 nights at lower-tier Hyatt hotelsā¦
So hereās the bottom line:
By making use of Hyattās award chart, you can stay in luxury properties and get extreme value from your points, all while not spending that many points in the first place.
This is one of the ways that I personally stretch my points to cover LOTS of travel while still staying in nice places.
šØ Hyatt now lets you gift awards to other members
The first section today was a LOT of Hyatt contentā¦ so I decided to lean into it.
Hereās one more update on the Hyatt front.
As if we needed more reasons to love this hotel program, Hyatt has now made it possible to gift various awards to other members.
Oh, and you donāt even need to call them to do it. You can just do it yourself online.
Hereās how this works:
Simply log into your World of Hyatt account online and go to āMy Awards.ā
Youāll see a page like this that shows all of your available awards, such as Free Night Awards, Guest of Honor Awards, Suite Upgrades, and Club Access Awards. š
If you click the little dots to the right of a given award, youāll see the option to āGift Your Award.ā
On the popup, you simply need to enter a memberās name and World of Hyatt number, and theyāll be instantly gifted the award!
The only award that isnāt currently possible to gift is the ā2k Next Stayā award, which is a new addition to Hyattās milestone program (which I described more in this newsletter).
I think this is a huge improvement to the program. There are plenty of scenarios where gifting these awards could really come in handy.
For example, Club Access Awards are useless to me. As a Globalist member, I already get club access. Now, however, I can give these awards to my friends who otherwise might not get club access.
Anywayā¦ Way to go, Hyatt. We love you. ā¤ļø
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ā¦or you can just buy these prizes from our website if you want to keep us all to yourself. š
Thatās all for today, friends! Hyatt is truly the king of hotel loyalty programs, and I hope todayās newsletter helps showcase a few of the reasons why.
Do you love Hyatt as much as I do?If not, tell me! |
Take care and see you tomorrow ā¤ļø