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Roughly seven months ago Hyatt announced a partnership with Oasis, an upscale version of Airbnb. And approximately three months ago I wrote about my experience with a Oasis home rental. Quite frankly, I’m not at all convinced that hotel chains should be in the home rental business, especially if all they are able to do is offer a “more expensive Airbnb” that doesn’t actually deliver a premium product.
But I am still surprised to find out that Hyatt’s partnership with Oasis ended on 2 October, 2018. Ostensibly this is due to Oasis Collections being sold to another American vacation rental company called Vacasa. But since Hyatt was a part-shareholder in Oasis, I find it hard to believe that they couldn’t have managed to continue the partnership, unless it was simply not delivering the intended benefits, both financial and in terms of customer engagement, to Hyatt. However unlike many “reflag”situations where the guest is left stranded, Hyatt will guarantee points and elite status credits for all Oasis bookings made before 2 October…
Hyatt is in the process of reaching out to World of Hyatt members to assure them that Vacasa plans to honor World of Hyatt member reservations made before October 2, and World of Hyatt will award World of Hyatt points and tier night credits that members expected to earn for those reservations.
In better news, World of Hyatt has launched a special promotion valid at Mlife hotels in Las Vegas. WoH members can earn double points – i.e. an additional 5 points per US dollar spent – for stays that take place between 1 October – 29 December 2018.
I reckon that earning double points works out to an additional rebate of 8-8.5%. In addition, this promotion will stack with the chain-wide 60,000 point promotion running from September to November.
And finally… Hyatt has announced the acquisition of a company called Two Roads Hospitality, which includes 85 hotels under these brands:
- Destination Hotels
- Joie de Vivre
- Thompson Hotels
You can find the full list of acquired hotels by clicking here. The vast majority appear to be located in the United States, but there are a number of intriguing properties in Asia as well.
These new hotels will be integrated into World of Hyatt during 2019. It remains to be determined whether they will reflag to existing Hyatt brands, or will be lumped into Hyatt’s “Unbound Collection” of relatively independent hotels.