By the way, this is basically a “Gold Passport for Dummies” post, as I’m no means an expert – actually, to be honest I’m not that much than a dummy at this anyway. Points hoarders may know more about Hyatt Gold Passport – I guess I’m trying to entertain you guys by reposting most of the knowledge some of you already know.
One hotel chain I’m itching to try (and will try very soon) is Hyatt. While I’ve done SPG countless times (coincidentally, as I’m not really a points hoarder living in hotels 90% of the time) and have done Marriott and Accor once or twice as well (I’ve actually reviewed an SPG and a Marriott hotel already and a review of an Accor hotel, the Sofitel London Heathrow, will appear in early August), I haven’t done the other three major hotel chains, IHG, Hilton (though Jason has and will be reviewing it mid-August) and Hyatt (though, again, that’s about to change).
I do know quite a bit about Hyatt though, and can sum the payment methods up (in terms of Cash, Cash+Points and Gold Passport Points), and use a few hotels as example (I’m just going to pinch the Grand Hyatt Fukuoka, Hyatt Regency Hong Kong Tsim Sha Tsui, Andaz Tokyo Toranomon Hills and Park Hyatt Chennai, as these were the four hotels from each major chain – assuming that those like Hyatt House are minor chains – that popped up directly in my head).
Gold Passport Points
Gold Passport Points have a value quite in the “middle of the pack”. They’re less valuable than Starwood, for example, but much more valuable than HHonors™ points, Club Carlson points and IHG Priority Club™ points, say. I’m inclined to agree with Lucky that they should be valued at roughly 12 cents per point (in Hong Kong Dollars – that’s about 1.5 US cents per point).
They can be used to redeem points at pretty much all Grand Hyatt, Hyatt Regency, Andaz and Park Hyatt properties. Unlike Hilton (where Waldorf is in a completely different league with whopping point prices), all hotels part of any of the mini chains (the mini chains are Grand Hyatt, Hyatt Regency, Andaz, Park Hyatt, Hyatt House, Hyatt Place, Hyatt Zilara/Ziva, Hyat Residences Club) fit into the same chart. You can find which category your hotel is in through these links, which list all the hotels of each category.
The January Hyatt Gold Passport™ Devaluation – and the new chart
In January, Hyatt announced a grand
canyon devaluation in their Gold Passport™ program. It was pretty much a huge devaluation – a new category, Category 7, was added, and almost every category upped in points (that said, they are still a great value right now, just not so much). I’ll spare you the old chart, but here is the new chart (due to it probably being relevant to more):
As I said above, I value the points at 12 cents each, so my August stay at the Grand Hyatt Fukuoka in a Club Room would be valued at 17,000 points, or HK$2040. (Compared to the revenue rate at $3350, this is a steal, but I’ll get to that later.) Yes, even in hotel booking, you have to
use a calculator – I prefer Casio do maths.
Continue reading Hyatt Gold Passport, the Complete Dummy’s Guide: Points, cash, or both?