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How I use World of Hyatt points to save on hotel stays during holidays and events

Aug. 10, 2022
8 min read
New Year's Eve in Times Square
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With Marriott’s recent shift to dynamic award pricing, the Marriott Bonvoy program has joined many other loyalty programs and eliminated most hotel sweet spot redemptions during peak travel periods. However, Hyatt still implements category pricing for its World of Hyatt program, which allows travelers to save hundreds of dollars and points on redemptions.

Category pricing ensures that the award price of a hotel room remains relatively the same per night, depending on the property's award tier and if the hotel stay is during an off-peak, normal or peak demand period for travel.

This can come in handy when traveling for an event or during major holidays, as an award chart ensures that pricing can only change within these set bands. Meanwhile, cash prices could soar to an unreasonable level.

So, let's look at how you can get outsize value from your Hyatt points when you redeem them during events and peak travel times.

Saving points and dollars at major events

Red Bull-branded Formula One car at Circuit of The Americas in Austin Texas
Major sporting events can skyrocket the price of nearby hotels. World of Hyatt points can help you save big. (Photo by Allan Hamilton/Icon Sportswire/Getty Images)

Hyatt has properties worldwide, including near major event centers in the U.S. For example, this October, Austin has two major events on back-to-back-to-back weekends: the Austin City Limits music festival on the weekends of Oct. 8 and Oct. 15 and the United States Grand Prix (Formula One race) on the weekend of Oct. 22.

As a result, these events have made it extremely hard to find cheap hotel stays in Austin for October. However, Hyatt still offers plenty of award availability.

During the Oct. 8 weekend, Hyatt Place Austin Airport has award availability at just 5,000 points per night, while the lowest prepaid cash rate is a whopping $428 after tax that Friday night. This makes points worth a huge 8.6 cents each in value, which is over five times higher than TPG's valuation of 1.7 cents per World of Hyatt point. Note that the screenshot below shows the same rate before tax.

Hyatt Place Austin Airport price
(Screenshot from hyatt.com)

The savings are similar during the United States Grand Prix. Even though hotel prices are inflated across Austin due to Formula One coming to town, rates start at just 8,000 per night (or $136), compared to the $458 cash price! However, you'll want to book fast: Since writing this article, all properties have sold out of both cash rooms and points rooms during the Grand Prix.

These savings aren't limited to Austin. Although slightly far from State Farm Stadium, the Hyatt Place in Chandler, Arizona, offers a fantastic redemption rate on Super Bowl Sunday. You can book a paid room for roughly $1,025 after taxes, or spend just 9,500 Word of Hyatt points for the same night. This brings over 10 cents per point in value, and award space is still available at the time of publishing.

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Further, Riot Fest is one of the biggest annual music festivals in Chicago, running from Sept. 16 to 18 in the city's Douglass Park. The closest hotel is the relatively new Hyatt Place Chicago — Medical/University District. You'll pay $1,031 for two nights at the hotel over Riot Fest weekend, or you can redeem just 15,000 points per night. This yields 3.43 cents per point in value that weekend. While not as much as the other events, it's still an excellent deal for a hotel near a major music festival in one of the country's largest cities.

The downside of looking for hotels near major events is that properties can sell out of award space relatively quickly, while other Hyatt properties may opt out of selling award redemptions during those periods. This is especially true at hotels in large cities like Chicago and New York that often sell out of hotel rooms regardless of a major event. That being said, in smaller metropolitan areas like Austin and Phoenix, the savings can be incredible when major events come to town as there are fewer hotel options.

Related: Big perks for big spenders: World of Hyatt Business Credit Card review

Saving points and dollars during peak travel times

New Year's Eve In Times Square
World of Hyatt points also come in handy when traveling during peak times, like New Year's Eve. (Photo by Dimitrios Kambouris/Getty Images)

Hyatt also offers immense savings during peak travel periods and holidays. Although you can typically find some slight savings here, there are also occasional excellent sweet spots if you look hard enough.

One of my favorite redemptions was spending Martin Luther King Jr. Day weekend at the Park Hyatt Beaver Creek Resort and Spa near Vail, Colorado. While the cash price is super high — three nights clock in at $3,569 after tax — you can book the resort for 35,000 points per night, for a value of 3.4 cents per point.

Likewise, New Year's Eve in New York City is almost always a budget-breaker, with high rates at virtually all hotels in the city. If you plan in advance, however, you can book a night at the Hyatt House New York/Chelsea near Times Square for 23,000 points on New Year's Eve. This hotel stay would otherwise cost $578 out of pocket, giving you over 2.5 cents per point in value.

During Labor Day weekend, you can find a stay at the hip Chicago Athletic Association for 15,000 points per night. Alternatively, a three-night stay costs $1,198 that weekend, meaning the 45,000 World of Hyatt points you spend are worth over 2.6 cents apiece.

If you're hoping to spend Christmas near a theme park, the Hyatt Place near Universal Orlando Resort starts at just 6,500 points per night that week, bringing a three-night weekend stay to just 19,500 points. Alternatively, you'd spend $862 for the same three nights, giving you a nice 4.42 cents per point in value.

So whether you're spending a holiday in a new city or planning a summer vacation right when school lets out, check Hyatt award prices before you book. It could save you thousands of dollars and make an otherwise impossible trip possible.

Related: Spend $15K on the World of Hyatt Card, get a heap of perks

Bottom line

Hyatt has kept an award chart — and that's a good thing for travelers chasing high-value awards during large events and holidays.

Availability can vary among properties, locations and dates, but planning ahead can help you snag award inventory before your fellow travelers. Remember, you can cancel most award nights within 72 hours of arrival and get your points back, so consider preemptively booking award nights if there's a chance you'll go to a major event or travel over a holiday. This way, you'll have a stay if you need it and can get your points back if you don't. Either way, you'll end up with cash saved.

Just starting out with World of Hyatt? Give these posts a read for more information:

Additional reporting by Andrew Kunesh.

Featured image by AFP via Getty Images
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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at American Express's secure site
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Rewards Rate

4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
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  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.
  • Annual Fee

    $325
  • Recommended Credit

    Excellent to Good

Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.