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Hyatt really hasn’t been offering too many promotions lately. From June 1 to September 30, 2015, the chain ran its “Sweet Dream Sweet Rewards” promotion, which rewarded Hyatt Gold Passport members with bonus points based on the number of nights they stayed between the given dates. Since then, there hasn’t been anything in the way of global promotions for Hyatt Gold Passport members in a while.
The good news is it looks like the company’s offering a new promotion just in time for the busy summer travel season. “Stay More Play More” will be valid for stays between April 1 and June 30, 2016 and members can earn up to 75,000 bonus points. Sign up by visiting Hyatt.com/StayMorePlayMore — just keep in mind that registration doesn’t officially open until April 1.
Here is the cumulative rewards structure for the new promotion:
- Earn 5,000 bonus points after 5 nights
- Earn 15,000 bonus points after 10 nights
- Earn 30,000 bonus points after 15 nights
- Earn 50,000 bonus points after 20 nights
- Earn 75,000 bonus points after 25 nights
Overall, this is a great deal and could possibly be worth going out of your way to stay at a Hyatt property during the time in order to maximize your Hyatt Gold Passport points. If you can take full advantage of the promotion and stay 25 nights at a Hyatt property, there’s a pretty good return on your end — you’ll earn 3,000 bonus points per night. In his most recent valuation, TPG values Hyatt points at 1.8 cents apiece, giving you a return of about $54 per night.
In addition, 75,000 Hyatt Gold Passport points are enough to earn you three nights at a Hyatt Category 6 property, which requires 25,000 Hyatt Gold Passport points per night for a free stay. Notable Category 6 properties include the Grand Hyatt New York, Andaz Maui at Wailea Resort, the Bellagio in Las Vegas, the Grand Hyatt Tokyo and the Park Hyatt Vienna, among others. Ultimately, this promotion is a great chance to bank some Hyatt Gold Passport points and score a good value.
H/T: One Mile at a Time
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.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards