1,000 British Airways miles per Hyatt night through October 31

Through October 31, 2011 Hyatt is offering 1,000 British Airways Executive Club miles per eligible night stay at a Hyatt property. Registration is required and the bonus can be earned a maximum of 30 times (for a total of 30,000 miles).

This isn’t a great deal, but then again Hyatt isn’t running any major promotion right now, so it’s worth keeping in mind if you’re a few thousand points short of a British Airways award ticket.

It’s also worth keeping in mind that Hyatt is offering 2,500 Aeroplan miles per stay through September 30, 2011, with a maximum of 25,000 miles that can be earned through the promotion.

The Aeroplan promotion is much more lucrative, especially for a one or two night stay. However, if you’re (theoretically) making a longer stay the British Airways offer might be better, since the 1,000 points are earned per night as opposed to per stay.

Through Hyatt you can choose to earn either points OR miles for stays, so this promotion is probably only worth considering for a long, cheap stay. One usually earns 5 Hyatt points per dollar spent, or if you’re a Diamond 6.5 points per dollar spent. If you’re making a five night stay at a hotel that’s $80 per night, you have the choice between 5,000 British Airways miles or 2,000 Hyatt points (2,600 if you’re a Diamond). In that case this British Airways promotion is worthwhile. Otherwise probably not.

I realize everyone values their miles/points differently, but I’d value Hyatt points maybe 20-25% more than British Airways miles.

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