Yes but the OP said he wants a cheap hotel, the park Hyatt isn't going to be a cheap redemption, assuming he even has certs, maybe he's saving them for something specific.
Don't get why you are disputing with me. Let the OP decide for himself if he thinks it's an interesting route.
Takes a very short amount of time to get the 2x free night certs, change the statement close date, and you can have the certs ready to go in almost no time.