World of Hyatt is out with another offer when buying points. While they seem to go between offering bonus points and discounts, this time around it is a 25% discount on offer. In order to take advantage of the offer, you will need to buy at least 5,000 points or more.
Hyatt points are sold through points.com, and the standard rate is US$24 per 1,000 points. Thus, each point is costing 2.4 US cents. With this promotion, the cost per point comes down to 1.8 cents per point.
The bonus is available until 14 April 2024
Is the worth buying World of Hyatt Points?
The Hyatt group only has a small presence in Australia. There are currently 7 properties, although this is slowly increasing. Outside staying, Hyatt has no credit card partners in Australia. This makes earning points for an award night something of a challenge.
While they may be few in number, some of them can have significant cash prices. A high cash price could make a redemption night look like a worthwhile aim.
As a result, there may be merit in purchasing points through a promotion such as this – especially if you have your eye on a night at a Hyatt hotel.
If you have a redemption in mind, it is worth crunching the numbers to see if it makes sense to purchase points and take an award night.
Example: Park Hyatt Sydney
If we take a look at the Park Hyatt Sydney, we can see nightly rates approaching 1,000 per night. For example, looking six months out, a City Harbour King can reach over $1,250 per night.
In comparison, that room is available for 30,000 World Of Hyatt points. Based on a bonus of 25%, you would need to purchase 24,000 points (and take the 6,000 points bonus) This would cost you US$576 (or about $830 Australian Dollars). This could represent a saving of over $400.
Sure, $576 is still quite expensive for a room night in a hotel – however, it does demonstrate the pricing leverage that may be gained using these promotions.
This is the type of promotion where it may be worthwhile to use if you have an immediate specific use for the points, and that use is offering a saving over using a cash price.
FlyStayPoints may earn a commission from Points.com
