Layout:
Home > Should I use Hyatt certificates or pay with money?

Should I use Hyatt certificates or pay with money?

June 20th, 2012 at 09:22 pm

Because Kyoto did not have a Marriott, and we already re-financed our mortgage and can take a slight dip in a credit score, we opened a Hyatt CC and got 2 certificates for free night (these initial certificates are valid for any category, unlike the yearly ones that have limitations).

But, the Hyatt in Kyoto is only $240 a night, and it may seem like we are not maximizing the value of the certificates.
Perhaps we should hold them (they expire in one year) for something more expensive?
But that would compel us to another vacation (which we would probably take anyway, but this may influence our choice of destination).

The optimal use would be Maldives, but we can't there go on this trip to Asia, and it is too far and air fare too expensive to go from US this year, since we are already flying to 5 destinations for 7 total weeks of leave by August...

Perhaps Hyatt in Beaver Creek (near Vail). Ski season prices are around $580 per night. We would go somewhere during the ski season, I just was not sure it will be Colorado again.
On the other hand we could save the money now if we paid only for 1 night instead of 3. I am not sure what is a better strategy overall.

3 Responses to “Should I use Hyatt certificates or pay with money? ”

  1. just a thought Says:
    1340245314

    I would use the certificates now. You don't know what your future travel plans will be -- take the $480 in savings now!

  2. creditcardfree Says:
    1340296962

    I would use them now. If you wait, it does force you to go on another vacation with many other expenses than hotel costs.

  3. Jerry Says:
    1340577860

    Tough to say... it would be nice to have the certs in hand to lead to major savings later, if you can, but $480 is nothing to sneeze at, either. Is there a precedent for multiple trips like this, or would it be a stretch? You want to have some insurance that you are staying within your means and plans, of course... Good luck!
    Jerry

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]