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In my opinion, hotel promotions have become more and more boring lately, with most just offering a handful of points here and there. Gone are the days of free nights after only a couple stays or really lucrative bonuses that actually incentivize you to book stays in order to hit new promotion levels.
Hyatt announced their January-April 2014 promotion and it is better than I expected it to be! There are two options:
Earn a free night at any Category 1-4 Hyatt hotel worldwide after every five nights. Enjoy four free nights after you stay a maximum of 20 nights. Redeem free nights with no blackout dates through July 31, 2014. In 2014, category 4 hotels will cost 15,000 points a night, so getting a free stay after 5 nights is like getting an extra 3,000 points per night- pretty lucrative! However, you need to use the free nights by July 31, which isn’t a huge window, but if you can swing it and you have a category 1-4 hotel stay on the horizon, this could be really lucrative. Click here to see a list of hotels by category.
Or, Choose Bonus Points
5 Nights= 5,000 bonus points
10 Nights + 10,000 Points = 15,000 total promotion bonus points
15 Nights + 15,000 Points = 30,000 total promotion bonus points
20 Nights + 20,000 Points = 50,000 total promotion bonus points
Registration begins on January 9, 2014 and there is no link to the promotion until that time.
The Best Option? Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.
It really depends how many nights you plan to stay during the promotion period. For 5 nights, I’d probably take the free night option, but if you’re going to hit all 20 nights, I’d probably rather have 50,000 points to use at my leisure than 4 free nights that need to be used by July 31 and have a maximum value of 60,000 points. Overall, I like options and I think this is much, much better than Starwood’s planned promotion of up to 15,000 points for 25 nights (yawn, yawn, yawn). I’m hoping the other chains announce more lucrative promotions!
Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.