If you’re sitting on a stash of Chase points and love getting luxury for less, Hyatt is still the move. I’ve personally pulled off 3.6+ cents per point in value through World of Hyatt think overwater villas in the Maldives or boutique gems in Europe for a fraction of the cash rate.
Honestly, I rarely book Hyatt stays without transferring Chase points these days. It’s one of the few programs where even upgraded rooms or suites don’t cost a ridiculous amount of points. Anyone else maximizing Chase points this way?

