World of Hyatt changed its game on May 20. Three tiers became five. One hundred and thirty-six properties moved categories. Loyalists panicked. They feared value evaporating overnight.

Turns out? It wasn’t the apocalypse.

Nick Ewen wrote up initial impressions. Two days later, my team at TPG pulled data from Gondola—a search engine for people who actually use points. We looked at nineteen popular hotels first. Now, we’re looking at 1,078. Every single one that moved categories, plus a broad slice of the rest.

The result is messy. Some redemptions cost significantly more. Sweet spots? Mostly still there. Some places even got cheaper.

By Category

I usually burn points at Category 1s. Cheap hotels. Decent sleep. So while most writers chased the aspirational resorts, I wanted to see the grind. The data covers 1,018 standard properties—excluding Miraval, the all-inclusive block, and dynamic pricing anomalies. Properties that shifted on May 20 are listed by their old category to keep comparisons clean.

The averages are deceptive. The median night tells a better story. Hyatt added lower pricing tiers. If your dates are flexible, you might see little change. Or less.

Category 4 and Category 8 properties pre-May 20? They took the hardest hits. By average. By median. It stings.

Low categories (1 and 2) fared well. Category 7 did too. They kept their redemption rates tight.

“Travelers with flexible dates may see little change—or even lower award pricing.”

Moving the Goalposts

136 properties changed categories. One hundred and eight moved up. Twenty-one moved down.

Pure point cost? The high-tier upgrades hurt the most. Some properties saw their nightly point requirement skyrocket.

But look at the percentage increases. The low-tier hotels got crushed. The Hyatt Regency Kuantan Resident? I love that place. Stayed twice. With the massive point hike, I’m switching to cash rates. Cash rates there are low anyway. Why not just pay?

Not all doom and gloom. Those 21 properties that moved down? Big drops in point cost. The Andaz Macau. The Standard Singapore. Hyatt Centric Austin. Category 1-4 certificate holders? You’re welcome.

The Sweet Spots Survive

Did the chart kill the sweet spots? Many thought so.

Wrong.

We took the top 50 value properties (based on pre-May cents-per-point) that didn’t change category. Median point cost didn’t budge. Average nightly rate went up a modest 209 points. From 11,913. To 12,122.

Cents-per-point actually ticked up. From 2.68. To 2.75. Paid rates rose, yes. But points held their weight.

Zoom out to the full 1,078-sample. 163 properties still deliver 2.5 cents per value or more. Category 1 picks like Hyatt Regency Rochester? Cheaper. The Park Hyatt Maldives? Yes, that one. Cheaper. I loved that stay. I’m booking Low or Lowest dates immediately.

The Verdict

The impact wasn’t equal. It shouldn’t be.

Category 3 saw a 2% rise. Category 8 saw 12%. Property shifts did the heavy damage. But specific outliers—Category 1s, some 7s—actually improved.

Why did the Park Hyatt Maldives drop in cost? Seasonality. Off-peak dates now hit the Lowest tier. Resorts hate empty rooms. We like cheap stays.

If you only travel in peak season, this hurts. You’ll hit the Upper and Top tiers. It stings.

For everyone else? Strategy is key now. More work. More research.

World of Hyatt remains top tier. For the flexible, at least.

Just check the calendar before you click.