Is Hyatt’s App Showing Award Reimbursement Rates?

Discussion in 'Blogstand' started by BoardingArea, Nov 25, 2014.  |  Print Topic

  1. BoardingArea

    BoardingArea News Feed

    Likes Received:
    Status Points:
    I've written in the past about the fascinating but complex world of hotel award reimbursement rates. For the most part hotels are owned by investment companies, and have management contracts with the major hotel chains. Basically the global hotel chains get a cut of revenue in exchange for running the hotel and slapping their name on it. That being said, it gets a bit tricky with award nights. The major hotel chains don't have blackout dates on award nights, so as long as a standard room is available you can redeem points for it. But how do you balance the interests of the individual hotels with the interests of the overall hotel chain and loyalty program? Here's how I explained it in the past: During the recession most hotel loyalty programs introduced “no blackout dates” as a selling point of their programs, and that worked great at the time since hotel occupancy was extremely low, and the marginal cost of filling an extra room was very low. The post Is Hyatt’s App Showing Award Reimbursement Rates? appeared first on One Mile at a Time.

    Continue reading...

Share This Page