
Hyatt Award Devaluation: Existing Reservations Now Display New Pricing
If you check your existing reservations, you should now see the updated points pricing reflected in the booking details. I’m curious whether canceling a reservation would return the original number of points used at booking or the newly adjusted amount.
I currently have stays booked at Park Hyatt Kyoto, Park Hyatt Tokyo, Park Hyatt Seoul, Park Hyatt Paris-Vendôme, along with a few smaller properties, and all of them now display the updated redemption pricing under the reservation details.
Here are some of the changes I noticed:
- Park Hyatt Kyoto: booked at 180k total / 45k per night, now showing 300k total / 75k per night — a 66.7% increase.
- Park Hyatt Paris-Vendôme: booked at 240k, now 270k — a 12.5% increase.
- Park Hyatt Seoul: booked at 125k, now 150k — a 20% increase.
- Park Hyatt Tokyo: booked at 170k, now 200k — a 17.6% increase.
- Miraval Berkshires actually went down from 72k per night to 70k per night for a standard room, which is about a 2.8% decrease. I used a complimentary Miraval night, so it doesn’t really affect me.
EDIT:
People have now confirmed that canceling an existing award booking returns the original number of points paid, and it appears to work both ways. If your pre-adjustment redemption rate was higher, you would still receive the original (higher) points amount back upon cancellation.
So far, it looks like:
- Canceling an existing reservation returns the original points used at booking.
- Rebooking the same stay would require paying the current award rate, whether higher or lower.
I’m still hoping someone can provide data points on modifying an existing reservation — specifically whether changing dates on a current booking reprices the reservation at today’s award rates or preserves the original rate structure.