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Oasis Collections is a home-share company targeting the upper end of Airbnb properties with 2000+ properties across 20 cities. The concept is very similar: entice potential hotel guests to stay in an entire condo/house for the same cost as a hotel. They’ve set it up where you get premium bath products, reduced admission to museums, gym partnerships, local experts on demand, and the ability to earn points and elite night credits with Hyatt. Admittedly, prior to partnering with Hyatt, I’d never heard of Oasis, but now my interest is piqued. Oasis adds a new dynamic to World of Hyatt ( I don’t think it’s salvation for the program), but if Oasis expands fast enough, I do think it will help Hyatt’s global footprint. One of the biggest obstacles to reaching top tier status is lack of rooms globally when compared to Let’s take a look at the program.
The spiel
How it works with World of Hyatt
Get a 1000 bonus points a night until June 30th.
5 base World of Hyatt points per $ spent. Elites get the same bonus points per night as well.
15k points to get a $200 credit.
At first glance this is a TERRIBLE use of points. However, for $400, or 30k Hyatt points, you can stay in some insane Oasis places around the world. It, at the very least, becomes a debatable question of value.
But…this 3 bedroom, sun soaked Chicago condo, is $472 a night. You could check-in Friday and out on Sunday for 60k points and $144. Get a few friends together and pool points and you suddenly have a very cool place redeemed with points.
*photos courtesy of Oasis Collections
Here are the destinations that currently offer Oasis rentals
Currently the list is targeted, and rather short. But, having searched through a considerable amount of properties, they are pretty cool.
I did a quick search of places in Chicago…
If you’re a consultant needing to stay in Chicago for 30 nights, would you rather have a hotel room, or an entire apartment? If you could earn points at your local Hyatt, Marriott, etc – maybe you’d go with the hotel because when it comes time to take a vacation – you have status and a grip of points. However, with Oasis, the calculus is a little different. You could have space and earn points for your vacation in the future…
London:
Hotel Products:
Access to gyms, museums, etc.
Overall
I think the changes to Hyatt’s Gold Passport program, now World of Hyatt, were seriously Draconian. Without expansion, or absorption of a brand, it’s too difficult to hit 60 nights with a company whose global footprint is a fraction of its competitors. However, I think partnerships like Oasis help to improve and expand the earning potential of the brand, and have a ramp up rate far greater than new hotel openings. Airbnb was barely mentioned 5 years ago, and now you can find your pick of properties most anywhere. Will Oasis become that? Who knows, but at least families looking for rental properties on vacay can earn Hyatt points and status, and the same goes for business travelers who end up having long term stays and miss the comforts of a real home.
Unless you are totally points rich I think redemptions aren’t the ideal use. But…as a mentioned above, there could be reason to use the points for Oasis redemptions. While a hotel may get better $ value per point, if you need space, the value proposition has changed. A family may rather use their points to stay in a 3 bedroom condo and get just 1.33 cents per point because they get to stay together, have a kitchen, save money, etc. They may have needed a suite or 2 rooms – this at least gives them better ability to redeem Hyatt points ( and ultimate rewards) to perhaps better suit their needs.
I like the program, and think it could provide progressively increased value to World of Hyatt if Oasis successfully expands.
*feature image courtesy of OasisCollections.com
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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