Hyatt Isn't as Great as They Used to Be - A Rant from a Hyatt Globalist

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  • Опубликовано: 19 ноя 2024

Комментарии • 88

  • @TheCreditFrog
    @TheCreditFrog 3 месяца назад +17

    I like when JP goes on rants and it all makes perfect sense. Times are a changing indeed!

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +3

      Haha, as long as people find the rants entertaining, I'll keep doing them.

  • @SpencerJohnsonOfficial
    @SpencerJohnsonOfficial 3 месяца назад +5

    Love getting all of my Hyatt Globalist perspectives from you. Thanks for all the awesome insights as always! 👊🏼

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      Thanks for watching! I'm glad you enjoyed the content

  • @druiz012
    @druiz012 3 месяца назад +6

    Nice video. Yeah the footprint is just lacking. The milestone rewards are the best part though like you said.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      I agree. The milestone awards are super valuable.

  • @M2K-01
    @M2K-01 3 месяца назад +4

    I had a corporate challenge last year. I only got explorist. Im still happy with all my hyatt stays. I have IHG as a backup and will eventually try out Hilton.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      I haven't really had any bad Hyatt stays either, but I can see the decline of the award program from where it used to be.

  • @travelingwith_lv9917
    @travelingwith_lv9917 3 месяца назад +6

    Great video. I’m not sure I will go for globalist past 2026. The devaluation and the difficulty of using the FNC is getting harder and harder to get outsize value.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      They moved so many of the popular properties out of category 4 and category 7, making the choices much slimmer. Plus, I hate that the FNC you earn through the milestone ladder only lasts 6 months 🙄

  • @MontyTheCardNerd
    @MontyTheCardNerd 3 месяца назад +3

    Love your perspectives here JP! Hopefully the pricing for Mr. & Mrs. Smith isn't a harbinger for the rest of the properties.

  • @jimmyjames6492
    @jimmyjames6492 3 месяца назад +6

    Hilton. For the Stay. No need to stay any nights for status. Just get a credit card 😎😎😎 Thanks for the info + video!!!

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +4

      Hilton is easy. I can't really say anything bad about the program

    • @marklihsu
      @marklihsu 3 месяца назад +3

      No upgrades in the states breakfast is meh. Gold is the way to go with Hilton if you are domestic only. The domestic upgrades to suites I get in the states is from AMEX FHR not from Diamond status

  • @lewis20002000
    @lewis20002000 3 месяца назад +2

    Much needed reality check. I have a Hyatt credit card, and I have only stayed at a Hyatt about 5 different times, and that's bc I have 5 Marriott card cardits, thus I always have free nights and points most years. Hyatt should of fough harder against Marriott for SPG and MGM.
    I have to say that I have been tempted MANY TIMES to go for Hyatt status, and MANY TIMES I have to calm down and use my Marriott free nights. I don't know if the mystical Hyatt premium credit card is ever going to come out, but if it does or if they're ever going to ADD A FREE NIGHT to their business card i will go for it.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      Marriott has some really nice properties. I still am a fan of Hyatt, but I don't like the direction they are heading

  • @Lancun
    @Lancun 3 месяца назад +1

    I'm sure once Hyatt introduces a higher tier credit card than the WoH card, it'll be game over for the perceived exclusivity of their status. We saw what happened with Hilton and Marriott offering Diamond/Platinum status on a credit card.
    Now, I love both of those cards. I think the value you gain just from the food and beverage credits combined with the higher velocity of points earnings on top of your status make it worth it even if you don't get a single suite upgrade ever. Plus, the cards themselves offer so much ability to gain value back from the easy to use credits.
    I'm hoping Chase can do something similar if they ever make a Ritz Carlton type card for WoH. Even if it'll probably be the deathblow for Hyatt's award chart.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      I don't think this is likely. If they release a higher tier card, I imagine it will be in similar vain to their business card.

  • @beaunoonan510
    @beaunoonan510 3 месяца назад +2

    Good stuff JP! Really enjoy your perspective

  • @geraldalves9107
    @geraldalves9107 3 месяца назад +1

    Great vid JP and I totally agree with a lot of your points! As someone who is testing the waters with the Hilton program and I have the Surpass card, I'm really enjoying it so far. The 1:2.6 MR transfer when there's a bonus I believe makes it competitive with a lot of Hyatt redemptions when you include the 5th night free. I made a quick calculation on one property that I'm staying at next year and I ended up landing near 1.8 CPP which is competitive to a 2 CPP Hyatt redemption. It ends up being around 1.4 CPP without the 5th night free which is still not terrible if you have a specific redemption in mind. I think it totally destroys the notion of the folks that whine about never transferring out your MR points to Hilton. That's before factoring in the F&B credit for Hilton Gold status or above in which if you have a P2, that's positive value that adds up quickly with a lengthy stay.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      I agree. When you do the math, it does show that Hyatt comes out ahead, but if you can get a 1:2.8 transfer bonus and add in the 5th night free, Hilton starts to creep very close to Hyatt as a transfer partner.

  • @LK_EBM
    @LK_EBM 3 месяца назад +4

    I used to be a big fan of Hyatt, but now I'm more interested in Hilton.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      I'm still a fan of Hyatt, but I don't think Hilton is as far behind as a program as many people believe.

  • @soapa4279
    @soapa4279 3 месяца назад +4

    Yeah the footprint for Hyatt is really one of the main downsides.
    I personally just use it for one specific location and that's at the Grand Hyatt at SFO.
    Just waking up and I'm already at the airport, I felt so much more rested.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      I haven't stayed at that property, but I've heard good things.

    • @lewis20002000
      @lewis20002000 3 месяца назад

      Hyatt should of fough harder against Marriott for SPG and MGM, that would of been great with their foot print.

  • @_iErik
    @_iErik 2 месяца назад +3

    To me, it mostly feels like Hyatt gets a pass because Hyatt redemptions are the only thing that makes Chase UR points seem to have “huge” “outsized” value, and so many creators are reliant on Chase referrals. Without Hyatt, Chase points aren’t really worth any more than other points, and their earning rates are by-and-large worse than the competition.

    • @jpknowledge8852
      @jpknowledge8852  2 месяца назад +1

      I will agree that their earning rates are worse than competitors. Although those of us who understand points and miles don't find most of Chase's partners to be great, they have more domestic and recognizable ones that most regular people would be happy to transfer to like United, Jetblue, Southwest, Marriott. I don't recommend transferring to them, but unless you study the points and miles world, you would know otherwise. I do think Aeroplan is a sweetspot with Chase. They are the only one to offer a transfer bonus to them in the last 2 years. So, for me, I try to focus on using most of my Chase points for both Hyatt and Aeroplan.

    • @newagain9964
      @newagain9964 2 месяца назад

      Fax. Chase is only good for inks and maybe 2 cobranded cards. CSR is ok. Just ok.

    • @_iErik
      @_iErik 2 месяца назад

      @@newagain9964 Even the inks are kind of only good for the Intro offer and for some specific use cases.

  • @marklihsu
    @marklihsu 3 месяца назад +2

    Luckily Hyatt's smaller footprint works for me. I love getting suites on a regular room booking that i apply suite upgrade award for when I travel with wife and kids. No other program offers confirmed upgrades at booking. When you travel with wife and 2 kids you will understand. The breakfast bufft at the grand hyatt Guangzhou is amazing. Huge spread with western and Asian options. Giant suites for only 16k points per night. Still a fanboy aa they are superior compared to all other chains in what you get as a top tier elite. I have the aspire and will get the brilliant soon but only was work cards as events tend to be there.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      Hyatt is definitely still #1 in my book, and I also highly value the suite upgrade awards that I've received over the years. I like Marriott hotels, but I just can't find good value in their awards program. Hilton is the one that has been catching my eye. It isn't as good as Hyatt, but each year, I feel like it is gradually getting closer.

  • @JacobsPointsAndProfit
    @JacobsPointsAndProfit 3 месяца назад +1

    Yeah the recent devaluations hurt me more than I thought they would. There were a couple international hotels I wanted to stay at, but they seem a little bit too pricey now

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      The loss of SLH and "gain" of Mr. & Mrs. Smith really bugged me. I still really like their properties, but I feel the program hasn't been moving in a positive direction.

  • @jasonlaw1079
    @jasonlaw1079 3 месяца назад +6

    Hot take: most high cents per point valuations are delusional. Great, you paid 45k points for the Hyatt Vendome with a sticker price of $1500/night. But what is the personal value of that to you? Would you have ever paid that out of pocket? What about the 5 equally good 5* hotels nearby that are $500/night?

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +3

      I actually agree with you. I get hate for saying it to others in the points and miles community, but the way I look at it is, the cost is the cashout value and not sticker price. Sure, you are getting a discount from the sticker price, but you still paid something, and if it costs 45k points, that is $450 a night.

    • @_iErik
      @_iErik 2 месяца назад +1

      This isn’t talked about enough! The sticker price might be $1500 per night, but it’s only actually worth that if you were fully ready willing to pay that cash for it prior to redeeming points. And that’s not even mentioning vacation bundles or travel agencies that offer huge discounts on the online posted sticker price of hotels.

    • @newagain9964
      @newagain9964 2 месяца назад

      @@jasonlaw1079 I agree. More is typically better. Presuming quality and convenience is there.

  • @Xavier_ID.
    @Xavier_ID. 3 месяца назад +1

    Nice breakdown JP! You make a lot of valid points 👍🏼 nice to see a true personal perspective on Hyatt. Never been to a Hyatt but love my Hilton stays 😂

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      Thanks! You may start seeing me at more Hilton properties soon 👀

  • @W0ngwaytravels
    @W0ngwaytravels 3 месяца назад +3

    Great summary; Do u think the year devaluations is a result because of their fixed rates, as compared to other hotel chains with dynamic pricing?

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      I think it comes down to supply and demand. When people keep using points to stay at high demand hotels, regardless of whether or not the cash cost goes up, Hyatt will increase the points cost because the demand is there.

  • @w.jackson1171
    @w.jackson1171 3 месяца назад +1

    Good info for someone like me who is just getting into the points and miles game. Thanks!

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      Welcome to the world of points and miles 🌎💳

  • @dugroz
    @dugroz 3 месяца назад +1

    Good stuff! I also like a good breakfast!
    Look forward to one in NOLA!!!! :)
    See you there!

  • @Rowdyyy_rod
    @Rowdyyy_rod Месяц назад +1

    If you had to choose between Hyatt or Hilton, which one would you go with?

    • @jpknowledge8852
      @jpknowledge8852  Месяц назад

      @Rowdyyy_rod I'm a Hyatt guy! Even though I may have issues with the direction they are going, they are still my number one choice for hotel.

  • @jinw4672
    @jinw4672 2 месяца назад +1

    I just gave my dad his dream multi week vacation in China with suite upgrades with my globalist status. I don’t think there are other hotel brands allow you to give your status or upgrades to loved ones.

    • @jpknowledge8852
      @jpknowledge8852  2 месяца назад

      You are right. Hyatt is in a league of its own there.

  • @titiung
    @titiung 3 месяца назад +2

    Honestly, youtubers like you are part of the problem too. There are many factors lead to devaluations such as economics, inflation, etc. Then you're contributing to the devaluations because you guys have been introducing and promoting all these awesome stays using points. So many people are joining the game which lead to devaluation over the years.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      That's fair to say. I have been telling everyone to stay at Hyatt properties, so if everyone listens to me, I shouldn't complain when I see changes to the program. Moving forward, I will keep the things I like to myself 😉

    • @newagain9964
      @newagain9964 2 месяца назад

      @@titiung true. But these brands were gonna raise rates and devalue pts and benefits regardless. That’s why competition is CRUCIAL

  • @wanderingdoc5075
    @wanderingdoc5075 3 месяца назад +1

    I spent 90K points to do 20 nights at Hyatt Regency Mérida for the BILT status challenge. But I actually stayed there for 15 of the nights. And got back like 27K back in point promos. Hyatt Globalist is great but Marriott Platinum has treated me better (more value) tbh. I usually stay in Asia (sometime South America and Europe).

    • @wanderingdoc5075
      @wanderingdoc5075 3 месяца назад

      Hey don't hate on fruit loops 😂

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      If you stayed at the hotel for 15 nights and only did 5 nights of a mattress run that is much different.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      Front loops are my favorite cereal 😆 but there should be more options lol

    • @wanderingdoc5075
      @wanderingdoc5075 3 месяца назад +1

      @@jpknowledge8852 I just got to Istanbul checked in at a Marriott autograph Collection in the prime area for three nights. Booked the lowest rate on the most basic queen room, without even asking upgraded to a junior suite of course breakfast included and $10 food and beverage credit.
      I've had a higher suite upgrade rate with Marriott and have always gotten breakfast both of these are true even at the Ritz.

  • @DugrozReports
    @DugrozReports 2 месяца назад +2

    Nice vid! Thanks!

  • @choreomaniac
    @choreomaniac 3 месяца назад +6

    I don’t fault Hyatt. In 2021, Hyatt was fighting for its life. There was actual fear that it would not exist because the pandemic would permanently destroy business travel. They were desperate to bounce back and offered all the perks. Today, occupancy is high, and there is little fear of bankruptcy.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +1

      That makes sense. But to me, it seems that Hyatt has dropped a lot more than most other hotel programs since the pandemic.

    • @newagain9964
      @newagain9964 2 месяца назад +1

      If Hyatt was smart they would increase their credit card offerings. It’s easy and nice supplemental income for hotels.

  • @Pahhd-d8t
    @Pahhd-d8t 3 месяца назад +1

    Luke is pumping his fists in the air rn 😂

  • @mintico
    @mintico 3 месяца назад +1

    Thats why just stick with Marriott and Accor.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      I need to check out the Accor properties.

  • @WallStreetIceCream
    @WallStreetIceCream 2 месяца назад +2

    Sneaky devaluations

    • @jpknowledge8852
      @jpknowledge8852  2 месяца назад +1

      They do always announce the changes but try to package it in a way that doesn't come off as a devaluation

    • @WallStreetIceCream
      @WallStreetIceCream 2 месяца назад

      @@jpknowledge8852 yup 💯

  • @tezt3740
    @tezt3740 3 месяца назад +2

    If people stop traveling the hotels will adjust.....but stayed hyatt caption in oskasa for 2700 points ....new hotel too!! Very Nice

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      That is such a steal!! I'm definitely going to try to stay at that property next time I visit Osaka

  • @choreomaniac
    @choreomaniac 3 месяца назад +1

    It’s still fantastic for a family of four. Imagine four complementary breakfasts valued at $20 each. 4 people with access to the lounge.
    It’s a far better deal than airline miles which cost 4x as much for four whereas a hotel room is exactly the same for one or four.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      Your right. Hyatt still is a good program. Traveling with 3 additional people would very much make me points broke for the flights 😅

  • @butterscotchjellybeans
    @butterscotchjellybeans 3 месяца назад +1

    I am a globalist that only travels domestically in the United States. My Upgrade to suites is about 100%. The only issue that occurs is when the hotel doesn’t have suites or the hotel is owned by a shadow company and the suites just aren’t that sweet. pun intended. other than that, top floor executive suite on the house.

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад

      You must be a lot better looking than me because I rarely ever get suites. I do get upgraded to a better room than I booked pretty much every time though.

    • @butterscotchjellybeans
      @butterscotchjellybeans 3 месяца назад +1

      Well, thank you. I like to think that, but half of the time when I check in through the app, it already tells me that I am upgraded.

  • @-_-_-_-_-_-_-_-_-_-_-_-...
    @-_-_-_-_-_-_-_-_-_-_-_-... 3 месяца назад +2

    Marriott was and still is my hotel of choice because it's so modern and i just like the aesthetics of the ones I stay at. It's a complete shame of all the devaluations that has happened throughout the years. Hopefully Hyatt doesn't follow this exact fate

    • @jpknowledge8852
      @jpknowledge8852  3 месяца назад +2

      Marriott has the best properties, I just have a difficult time finding good value with their award program

    • @newagain9964
      @newagain9964 2 месяца назад

      @@jpknowledge8852 fax. Between poor cpp redemptions and Byzantine AND inconsistent benefits/rules Marriott is like 3rd on my list of pref. Maybe 4th.