Hyatt Devaluation on May 20; book now

If you have planned Hyatt stays coming up, you better book now if you can. The Hyatt devaluation will be effective at 9am ET on May 20, 2026. The official details can be found on Hyatt’s site here.

My advice, book now if you know you plan to stay at certain Hyatt properties and there is availability to book now. Most cancellation policies will let you cancel and get your points back. Even with the pending devaluation, there is still a lot of good value to be had with Hyatt redemptions. Be aware that Hyatt points expire after 24 months of no activity (no stays, no Hyatt card with transactions, no transfers in, earning from partners like car rentals etc.).

After a pretty convincing post on Reddit about the devaluation back in February that turned out to be fake, this upcoming May 20 devaluation is sadly real. The biggest change is that Hyatt is moving from three award pricing levels (Off-peak, Standard, and Peak) to five levels: (Lowest, Low, Moderate, Upper, and Top). This can lead to some of the higher-end hotels seeing prices up as much as 67% vs. the current costs (Cat 8 Peak->Cat 8 Top means cost goes from 45k->75k/night).

Additionally, as part of Hyatt’s annual updates, 112 hotels will be moving up a category (devaluation) while 24 will move down a category (nice!). A summary of all the moves including the ability to filter by region can be found in this Google Sheet. The 14 hotels moving from Category 4->5 could see a 94% increase in pricing during peak dates (18k->35k/night) and hotels moving from Category 7->8 could see a 143% increase in price ( 35k->75k/night). Ouch!

Here is a summary of the changes for the award chart across standard hotel rooms and all-inclusive hotels.

Here is a summary of all the properties that are changing including ones that are moving in and out of being usable with Hyatt free night certificates.