February 17, 2025: World of Hyatt points are some of the most valuable hotel points out there. Not only can you get more value from each point on average than you can from Marriott, Hilton, and other competing hotel loyalty programs, but you have more potential for getting outsized value because of the way Hyatt prices its award stays.
In this article, we’ll explore how much Hyatt points are worth.
Hyatt point value: 1.7 cents per point
| Median redemption value | Standard deviation | Cash-equivalent value |
|---|---|---|
| 2.2 cents per point | 0.53 cents per point | 1.7 cents per point |
Median redemption value: This is the middle point in our redemption data, which compares Hyatt awards to cash prices for the same stay, in the same room type, with a similar cancellation policy.
Standard deviation: The standard deviation can tell you how possible it is to get outsized (or very poor) value for your points. Points that have a low standard deviation will give you consistently similar value when you redeem them…you won’t need to hunt around for good value redemptions. But points that have a high standard deviation offer opportunity for getting great value if you’re willing to be selective about which awards you book.
Cash equivalent value: This value is discounted based on various factors, to account for the fact that hotel points that can get you a $200 night at a Hyatt hotel are worth something less than $200 in cash.
How we calculate our valuation
Here’s a bit more on how we calculate the value of World of Hyatt points.
The data we use: Based on actual trips
Our analysis of how much Hyatt points are worth is based on our actual uses of Hyatt points. When we’re searching for stays we actually intend to take, we capture the number of points required, number of dollars required, and other data points that we use in our analysis.
By basing our analysis on the trips we actually intend to take, we prevent ourselves from inflating point values. Ultimately, our goal is to provide the best information possible for our readers.
Yes, the most exciting Hyatt redemptions are at places like the Miraval Arizona Resort and Spa or the Park Hyatt Maldives, but basing our value on those redemptions is unrealistic. We expect that you, like us, spend most of your Hyatt nights in Hyatt’s mainline brands like Hyatt Place, Grand Hyatt, and Hyatt Centric.
Discounting based on the gift card sales market
When we evaluate the value of points, we don’t just look at the redemption options available…we apply a discount based on the gift card market. We do this for a couple of reasons:
- Hyatt points are not exchangeable for cash. Unlike bank points or credit card cash back, there’s no way to get cash our of your Hyatt points directly. Points that can get you a stay that Hyatt is selling for $100 are worth something less than $100 cash.
- Many times, booking a non-branded hotel is cheaper. You can find plenty of deals (and often earn points) on non-chain hotels through any number of bank portals or cash back portals. The gift card market bakes-in the price premium charged by chain hotels.
- Gift card markets have more information. While we can collect a bunch of data points, we think that the market is better at evaluating the value of Hyatt credit than we are.
Applying a discount based on the gift card market corrects our dataset for the fact that credit that can be redeemed for hotel stays is worth something less than its face value as cash.
Other factors
Here are some other factors that we considered when calculating the value of Hyatt points.
- Additional flexibility of point bookings. With some programs, bookings with points offer flexibility that just isn’t available with cash rates. With Hyatt we compare to cash rates that have similar cancellation policies.
- Hyatt point bookings don’t earn points. While we could discount our value of Hyatt points further because you don’t earn point when you book with points, this kind of recursive analysis adds a lot of complexity with little value.
- Hyatt suite upgrades can provide incredible value. The prices of Hyatt suite upgrades can provide incredible value if you book a cash rate and then upgrade to a suite with a few thousand points. But these redemption options are relatively rare, so we don’t include them in our analysis.
- Hyatt point bookings do earn nights toward status. There is some value in this, but we don’t include the value this in our analysis, because how much value you get out of status is highly subjective and variable.
Earning more Hyatt points
Want to earn more Hyatt points? Check our our coverage of the best Hyatt credit card sign-up bonuses and our complete guide to Hyatt credit cards.
Hyatt is also a transfer partner with Ultimate Rewards, which means that the points you earn with your Ultimate Rewards credit cards can become Hyatt points. Ultimate Rewards cards feature offer new cardmember offers and the Ultimate Rewards-earning credit cards generally earn more rewards for your non-Hyatt spending than you’ll get with the Hyatt credit cards. Learn more in our complete guide to Ultimate Rewards.
Bottom line: Hyatt points are worth 1.7 cents each
When we ran the numbers we found that Hyatt points are wroth about 1.7 cents each on average. This is the point at which we are ambivalent to earning World of Hyatt points or cash.
