Why it matters
Affects 3 airline programs (ANA, Air Canada, Air France-KLM). Spans 2 hotel programs (IHG One Rewards, World of Hyatt). Card-issuer angle via Chase.
What happened
- **Category 1**: Range shifts from 3,500–6,500 to 3,000–9,000 points. Cheapest nights save 500 points, but most expensive nights cost ~38% more.
- **Category 4**: Top-end price rises from 18,000 to 25,000 points (~39% increase). The new Moderate tier (replacing Standard) averages ~25% higher than today's Standard rates.
- **Category 8**: Top-tier pricing jumps to 75,000 points, up from a previous max of 45,000, representing a 67% increase. Moderate tier moves from 40,000 to 55,000.
- **All-Inclusive & Miraval**: Separate charts also expand to five levels. Top-tier Category F all-inclusive resorts can now price at 85,000 points. Hyatt frames this as maintaining transparency while avoiding fully dynamic pricing, though the expansion of the Upper and Top tiers suggests further increases in the future
World of Hyatt is updating its award pricing structure, moving from the current three-tier system (Off-peak, Standard, Peak) to five new bands: Lowest, Low, Moderate, Upper, and Top. This change takes effect on May 20, 2026. Key impacts include:
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