Hyatt is offering its customers 1,000 bonus Gold Passport points for each stay when they book their stay on their mobile app for iOS or Android. Those 1,000 points are worth about $14-15 at a valuation of 1.4-1.5 cents per point. The catch is that the reservation and the actual stay must be completed between October 1 and December 31.
Gold Passport points can be particularly valuable for Points + Cash awards when booked at Category 2-6 hotels (Category 1 and 7 properties are not as good a deal). My reasoning: You are effectively “buying” the extra points when you book a Points + Cash awards, and you can do this at a price less than 1.4 cents. If you were to assume the average cost of points for the entire award stays the same, then that raises the relative value of the points you already had. You can also credit Points + Cash awards toward earning elite status and upgrade them, which you cannot do with a standard award night.
Many bloggers have suggested that if you already have a reservation for a stay during those dates, it may be wise to cancel and rebook through your phone. That’s true …BUT there are also reasons why you may not want to:
If you booked a My Elite rate, which offers a discount of about 20% to Platinum and Diamond members. These rates can be a great deal, but they are only available when booked through the regular Hyatt.com website. These My Elite rates can be tricky to find, and I suggest you check the hotel’s rates on a desktop computer before you use the mobile app.
If you booked a non-refundable rate (duh). New information or a change of plans like this promotion one reason I avoid non-refundable rates.
If you booked a conference rate or other other special rate that cannot be modified online through the usual Hyatt portals. I have a rate in New Orleans coming up that is $100 cheaper than the prevailing rate and must be booked through the conference portal.
Assuming those situations don’t apply, go right ahead! It’s an easy way to earn some more points for your next stay.