Bad News
Hyatt just announced Devaluation coming March 2020 with Peak/Off-Peak pricing
"Introducing Off-peak and Peak point redemption for free nights.
Starting in March 2020, you’ll have more free night award flexibility, so you can plan ahead to get the most out of your points at more than 1000 hotels worldwide. Plus, if you have an existing award booking that drops to Off-peak in March, you’ll get an automatic one-time refund of the point difference – and you won’t be charged more if your booking goes up to Peak."
" More to know
If the redemption amount for a night on an existing award reservation is lowered to Off-peak in March, we’ll automatically refund the point difference, and if it goes to Peak, you won’t be charged any more points.
Points + Cash will also offer Off-peak and Peak point redemption. The cash required will still be 50% of the rate.
Free nights in suites will also be offered at Off-peak and Peak redemption.
You’ll have plenty of time to plan ahead. Redemption rates for free nights will be announced as soon as nights are available for reservations (usually 13 months in advance), and won’t change once posted. A new online calendar will help you plan (coming soon).
Hotel award categories aren’t changing – there are still 8."
".....
Link in follow up post