I just got the latest email edition of Frequent Miler and it talked about the Hyatt Family rate where you can get a second room for your kids at 50% off! The catch is there is no points to be earned for this second room, but since I earn all the points via UR points on Ink+ and Sapphire Reserve, I don’t care to earn points with stays.
I already had 2 club level rooms booked at the Hyatt Regency St. Louis at The Arch for a Columbus Day visit as well as attend the AAOMR meeting. I was ready to drop 36,000 points per room for 2 rooms at about 2.3 cents per point for club level.
For two rooms this would of been $1,705.06 or 72,000 points making it worth 2.4 cents per point. I was willing to pay extra for club level to make sure the family got fed breakfast in the morning and boozes appetizers at night.
Instead of usng points for both rooms, I called in to keep on room booked with points and apply the Hyatt Family rate to the second. I called in and the rep on the phone was able keep one room booked at the full 36k points (2.4 cents per point) and the other at the family rate of $149.50 a night! This would drop the total to $524.43 which would only mean the 36,000 points would be a value of 1.4 cents per point, which is worse than using the underlying UR points for booking flights at 1.5 cents per point!
Funny part is the reservation has just the one child in the room all by herself! So grand total is we spent 36k UR points transfer to Hyatt and paid $524.43 for 2 club level rooms for 3 nights valued at $1,705.06. That is $1,180.63/36k MR = 3.27 cents per point! Not bad at all since it is beyond double the basement value of the UR points of 1.5 cents per point.
Next time you want to drag the kids along, try the booking one room with points and paying 50% for the second room with cash!