Back in November Hyatt announced an award chart devaluation, which was quickly followed up by some positive changes the following week, including the introduction of Points + Cash awards as well as the introduction of My Elite Rates, both of which kick in today, January 7, 2014.
The new My Elite Rate is valid for Platinum and Diamond members, and offers 20% off the daily rate on standard rooms, subject to capacity controls. Not all hotels offer the “My Elite Rate” at all times, but when available, it should automatically appear if you’re logged into your Gold Passport account. These stays will still be eligible for points accrual and elite credit.
So now that it’s January 7, what does availability look like under the My Elite Rate? Surprisingly enough, actually really good. It’s by no means available at all properties all the time, but it’s much more widespread than I was expecting. Typically AAA/senior rates get you 10% off the Hyatt Daily Rate, so doubling that discount while maintaining the flexible booking terms is awesome.
For example, pulling up availability in New York for random dates in February, I see that most properties are offering the My Elite Rate, including the Andaz 5th Avenue:
Looking at the Andaz London, I see equally good availability under the My Elite Rate:
Going another 3,500 miles east, the Park Hyatt Dubai also has good availability under the My Elite Rate:
Availability isn’t perfect with My Elite Rate, though it’s much better than I was expecting. Well over half of the hotels I checked were offering it. Not only is it available at lots of properties, but for the properties it’s available I see lots of dates with availability. Also, I was kind of expecting that the My Elite Rate would be non-refundable, but that doesn’t seem to be the case.
This is an awesome new benefit for elite members. Lets just hope availability under the rate stays as good as it is now.
I’ll have more on Hyatt’s new Points + Cash rate shortly…