Last June it was announced that Miraval Arizona Resort & Spa is joining World of Hyatt. Miraval is a wellness resort in Tucson, and it’s quite different than anything else in Hyatt’s portfolio. With this partnership, World of Hyatt members can earn and redeem points at this property, which can otherwise be very pricey. The catch is that Miraval Resort doesn’t belong to Hyatt’s traditional award chart.
World of Hyatt redemption rates at Miraval
Stays at Miraval come with a $175 resort credit per person per day, along with unlimited meals, snacks, and over 120 wellness activities and classes each week. As a result, the cost of a free night award redemption at Miraval is higher than at other properties, as follows:
- 45,000 World of Hyatt points per night for a standard room, single occupancy
- 75,000 World of Hyatt points per night for a suite, single occupancy
- 20,000 World of Hyatt points per night for the second guest
Points + Cash redemptions are also available (and capacity controlled) at the following costs:
- 22,500 points plus $450 per night for a standard room, single occupancy
- 32,500 points plus $550 per night for a standard room, double occupancy
Given how hot it gets in Arizona in summer, that’s the slowest season for them, so they have a promotion for World of Hyatt members.
Miraval’s summer 2018 World of Hyatt promotion
To encourage people to give Miraval a try, World of Hyatt is offering two promotions for stays that have a checkout date between June 1 and August 31, 2018.
For those booking a paid stay, World of Hyatt members can earn double points for stays at Miraval. World of Hyatt members ordinarily earn five base points per dollar spent, meaning that during this promotion they’d earn a further five points per dollar spent. I value World of Hyatt points at 1.5 cents each, so to me that’s like an incremental return of 7.5%. Bonus points should post within 6-8 weeks of an eligible stay.
For those wanting to redeem points, World of Hyatt is offering a 50% refund on points redeemed at Miraval. Points should be returned to your account within 6-8 weeks of an eligible stay. Based on the terms it looks like this would be eligible on both free night and Points + Cash stays. For double occupancy, this means you’d pay:
- 65,000 World of Hyatt points per night for a standard room, and you’d get 32,500 points back
- 32,500 World of Hyatt points plus $550 per night for a standard room, and you’d get 16,250 points back
In this case a free night redemption is the better value. At my valuation of 1.5 cents per World of Hyatt point, that’s like paying $487.50 per night at the Miraval.
Is paying cash or redeeming points a better value?
Given my valuation of 1.5 cents per World of Hyatt point, just how good is this promotion? It looks like the cheapest rate over summer for double occupancy is $598 per night.
However, that rate doesn’t include the $350 worth of nightly credits — that room would go for a minimum of $958 (it looks like they charge an extra $360 per night for $350 worth of credits because it also includes some other activities).
This also doesn’t include the whopping 35% service charge and taxes (though in fairness, this is otherwise a non-tipping hotel). In other words, a three night stay during the cheapest possible period with the credits would cost you $3,880, which is just shy of $1,300 per night.
As a point of comparison, redeeming 65,000 World of Hyatt points and getting 32,500 World of Hyatt points back is a spectacular value.
Keep in mind that World of Hyatt is an Ultimate Rewards transfer partner, so you can earn points for this redemption with the Chase Sapphire Reserve® Card, Chase Sapphire Preferred® Card, or Ink Business Preferred℠ Credit Card.
I’ve been curious to try out Miraval, and getting 50% off a redemption is as good as it gets. I’m tempted to take advantage of this and try out the property. While it’s a good deal compared to the paid rate, I’m still not sure I’d want to redeem 32,500 points per night to stay at a property in Arizona in summer.
Has anyone stayed at Miraval yet? What was your experience like?