Hyatt Gold Passport is offering points for sale today as part of Daily Getaways. They are selling them for about half the price that I would normally “value” them at, or roughly a penny a point. Full disclosure, I am something of a Hyatt HomerTM but these are a great deal.
In case you’re not familiar, Daily Getaways are daily deals sponsored by the US Travel Association. Some are better than others, so you need to think about whether you can take full advantage of the offer before buying.
For the more popular offers, they will sell out quickly, which means being around right when they go on sale each day at 1:00 pm EDT. Some offers will sell out in hours, some in minutes. It’s also important to be patient. If you click shortly after an offer becomes available and it shows sold out, keep trying. Someone may have an offer in their shopping cart but change their mind or have their computer crash. When that happens, their bad luck or change of heart can be your good fortune.
Finally, make sure you pay with an American Express card to save an additional 10%. Any AMEX card will do.
Feel free to e-mail me or post questions in the comments section. Good luck chasing the deals you’re looking for!
Hyatt is offering 4 packages and even though they’re listing them as “2 nights in a XXX Hyatt hotel”, it’s really just points you’re buying, as follows:
24,000 Hyatt Gold Passport points (listed as 2 nights in a Hyatt Premium Hotel) for $234 with 10% discount for paying with an AMEX card.
40,000 Hyatt Gold Passport points (listed as 2 nights in a Hyatt Top Hotel) for $374 with 10% discount for paying with an AMEX card.
72,000 Hyatt Gold Passport points (listed as 3 nights in a Hyatt Suite) for $698 with 10% discount for paying with an AMEX card.
30,000 Hyatt Gold Passport points (listed as 2 nights in an Elite Hyatt Hotel) for $297 with 10% discount for paying with an AMEX card.
The prices are all very similar, just under a penny per point, though the 40,000 point package is technically the cheapest at about 93 hundredths of a cent.
There are a very limited number of packages, so if you’re interested you’re going to need to purchase right at 1pm EDT. And, even though Hyatt will let you buy 1 of each package, you’ll likely only get your first choice (if anything), so figure out what size chunk you want to buy beforehand (or enlist the help of a family member or friend to try and buy a package as well).
Bottom Line It For Me, Ed
To put these prices in perspective, take my recent stay at Park Hyatt Paris Vendome. It costs 30,000 points to redeem for a night here. That’s $300 at a penny a point. I searched through much of the year. The cheapest rate I found was 570 Euro, or about $775.
There are plenty of values like this to be found at Hyatt properties worldwide. Hyatt recently went through a moderate devaluation of their program, so it’s unlikely it will get more expensive to redeem these points anytime soon. And, if you’re a Hyatt Diamond member, you can use these for Points & Cash redemptions and still get stay credit and Diamond suite upgrade benefits.
A safe buying opportunity at a great hotel chain.