When it opened in 2014, the Park Hyatt New York was one of the first five-star hotels to open in the city in more than 10 years. It had a great location on “Billionaire’s Row,” and was furnished beautifully. Those in the points and miles hobby also have a new hotel to redeem their points for, and the Park Hyatt New York is a Category 7 hotel with Hyatt. I’ve stayed at the Park Hyatt New York on two different occasions, and I came away impressed each time.
For a while after it opened, Park Hyatt New York did not have any inventory for free nights available. More than 2 years after the hotel opened its doors, that situation has largely changed. As a Category 7 hotel, you can redeem either 30,000 points for a free night, or 15,000 points + $300 if you’re using Points and Cash.
Hyatt has no blackout dates, so you can redeem points for a free night as long as a standard room is available. However, Points + Cash redemptions are offered at the hotel’s discretion. I was looking to book a stay in New York for an upcoming trip, and found that there were no Points + Cash availability at the Park Hyatt New York through the end of schedule!
I did a little bit of an experiment, and found that Points + Cash availability pops up when I book at least 5 nights.
This is an interesting development, or perhaps I just hadn’t noticed it before.
For a Category 7 hotel, Points + Cash really isn’t a great value. You are basically paying $300 for 15,000 points, and Hyatt has been known to sell points for less than that. The upsides to redeeming Points + Cash for a Category 7 (or Category 1, for that matter) hotel though, are the ability to earn elite-qualifying nights and apply a Diamond Suite Upgrade.
Have you redeemed Points + Cash awards at the Park Hyatt New York?