World of Hyatt No Longer Affiliated With the Oasis Collection of Home Rentals

Oct 2, 2018

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

As they say, easy come, easy go, and that’s the case today for the partnership between Hyatt and the Oasis Collection that was a part of Hyatt’s Unbound Collection. Roughly a year ago, Hyatt made a minority investment in the Oasis Collection, and the two companies partnered as a way for World of Hyatt members to earn or use points to stay in Oasis Collection’s high-end ‘home rentals’ in places such as London, Barcelona, Rome and beyond.

An Oasis Home Rental in London
An Oasis Home Rental in London

This partnership was a way for Hyatt to expand its footprint, at least in a sense, and offer larger and non-traditional lodging options to members. While I hadn’t yet stayed in an Oasis home rental with my family, it was very much on my radar the next time it made sense. With Oasis, you got the space and location benefits of renting an Airbnb-style place to lay your head, but with much stricter quality controls and a points-earning and redemption element. Oasis is described as hotel meets home, and that sounds like a good place to be.

However, Oasis was recently sold to Vacasa, the largest vacation rental management company in North America. Hyatt told TPG that as a result of the sale, Oasis Collections is no longer affiliated with The Unbound Collection by Hyatt or the World of Hyatt loyalty program. The Hyatt Unbound website states that Hyatt and Oasis ended their affiliation on Sept. 24, 2018, but Hyatt tells TPG that all Oasis reservations made by World of Hyatt members before Oct. 2, 2018, will be honored and World of Hyatt points and tier night credits will be awarded.

In fact, a TPG reader told us on Monday that Oasis not only kept his World of Hyatt award reservation, but that Hyatt sweetened the deal for him with some bonus points as a courtesy related to the end of the partnership.

A Hyatt spokesperson tells TPG that Hyatt has left the door open to have discussions with Vacasa going forward. That said, the Hyatt website also stated that the “business has not met our financial expectations, reflecting challenges that market participants across the high-touch private accommodations space are facing, including a fast-moving regulatory environment and scaling profitably.”

In better news, remember that Hyatt has announced a partnership with the Small Luxury Hotels of the World (SLH) that will allow World of Hyatt members to earn and redeem points at those 500 independent properties around the world beginning beginning later this year.

Featured image by RiverNorthPhotography / Getty Images.

World of Hyatt Credit Card

 

Apply Now
More Things to Know
  • Earn 30,000 Bonus Points after you spend $3,000 on purchases in your first 3 months from account opening. Plus, up to 30,000 More Bonus Points by earning 2 Bonus Points total per $1 spent in the first 6 months from account opening on purchases that normally earn 1 Bonus Point, on up to $15,000 spent
  • Get 1 free night each year after your Cardmember anniversary at any Category 1-4 Hyatt hotel or resort
  • Enjoy complimentary World of Hyatt Discoverist status for as long as your account is open
  • Receive 5 tier qualifying night credits towards status after account opening, and each year after that for as long as your account is open
  • Earn an extra free night at any Category 1-4 Hyatt hotel if you spend $15,000 in a calendar year
  • Earn 2 qualifying night credits towards tier status every time you spend $5,000 on your card
  • Earn up to 9 points total for Hyatt stays – 4 Bonus Points per $1 spent at Hyatt hotels & 5 Base Points per $1 from Hyatt as a World of Hyatt member
  • Earn 2 Bonus Points per $1 spent at restaurants, on airlines tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships
Regular APR
15.99% - 22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each balance transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.