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Hyatt announced today that, beginning November 29th, you will be able to redeem your hard earned World of Hyatt points with their new partners: Small Luxury Hotels of the World. If you’re an geek like us, you’ll recall that Hyatt introduced a new category 8 specifically for the SLH at 40k a night. One of the 50 hotels announced is Hotel Le Strato, an insane hotel ( featured image ) located in the Swiss Alps with rates cracking 1200 Euros a night. It can be had for 40k a night, over 3 cents per point.
In fact, in January it was letting me reserve a Junior Suite for 40k a night…1400+ Euros cash.
The vast majority of hotels are in Europe, with a heavy lean towards UK, Greece, and Italy.
Hyatt is its weakest in Europe so this is no surprise. With holiday travel still being booked, this may tip the scales from one property to another regarding either redemption or the opportunity to pick up nights for status.
Yes, there are some insane properties like the Hotel Le Strato above, but many of the hotels are better suited to cash rates in the off season than using points. I looked at the Nobu Hotel Marbella in January ( not exactly peak season ) and it required 30k points per night vs 264 Euro – terrible redemption rate.
Same goes for the Lord Byron, a boutique hotel in Rome that fetches 20k a night or just 183 Euros in January.
What benefits can you expect?
World of Hyatt members can earn 5 Base Points for every $1 USD spent on qualifying room rates and can redeem points for free nights at participating SLH hotels. It doesn’t stop there, members can also enjoy exclusive in-hotel benefits when staying at a participating SLH hotel.
- Complimentary continental breakfast
- Complimentary Wi-Fi
- Early check-in 12:00pm (based on availability at check-in)
- Late check-out 2:00pm (based on availability at check-in)
- One category room upgrade (based on availability at check-in)
Can you use your free category nights? Yes…but read the terms and conditions
Here’s what Hyatt has to say:
REDEEMING WORLD OF HYATT AWARDS AT PARTICIPATING SLH PROPERTIES
Only the Program awards expressly identified below may be redeemed at Participating SLH Properties. Redemption of these awards at Participating SLH Properties is subject to the terms applicable to each type of award, except as expressly modified in these SLH Terms.
(a) Standard-Room Free Night Awards. Please note that at some Participating SLH Properties, standard-room inventory available for Free Night Awards may be limited, but there are no black-out dates at Participating SLH Properties.
(b) 5-Brand Free Night Awards. 5-Brand Free Night Awards may be redeemed at Participating SLH Properties that otherwise meet the redemption requirements for these awards. However, SLH is not considered a Hyatt brand for purposes of earning the 5-Brand Free Night Award and stays at any Participating SLH Property will not count towards earning this award.
(c) Category 1-4 & Category 1-7 Free Night Awards. Free Night Awards designated as redeemable at a Category 1-4 or Category 1-7 hotel or resort may be redeemed at Participating SLH Properties that meet the redemption requirements for the applicable award. Free Night Awards redeemable at a Category 1-4 hotel or resort are those described in Section IV(f) of Appendix C to the Program Terms and as otherwise provided by the Program or Hyatt (such as anniversary Free Night Awards issued in connection with the Hyatt Credit Card). Free Night Awards redeemable at a Category 1-7 hotel or resort are those described in Section V(i) of Appendix C to the Program Terms and as otherwise provided by the Program or Hyatt (such as Category 1-7 Free Night Awards issued in connection with the Hyatt Credit Card). Please note that some Participating SLH Properties may be excluded from the categorization system applied to Hyatt hotels and resorts under the Program or may be classified in a category other than 1-4 or 1-7.
Free Night Awards that are redeemable at Participating SLH Properties are eligible to be gifted to another person by the redeeming Member, as described in Appendix B of the Terms.
Is it worth it to use points?
I certainly have not gone through the steed of properties to suss out any sweet spots, but after looking at several hotels, I think the pricing of many of the properties seem to be more or less fair for high season – which I think the categories reflect. It’ll be interesting to see how well the program does with Hyatt, and whether the see an increase in credited stays, or aspirational redemptions. Time will tell, but the SLH addition is in line with Hyatt’s pivot to lifestyle and luxury.
Any properties that look especially appealing to you?
*feature image courtesy of SLH.com