Update: This offer for the Citi Prestige® Card is expired. Learn more about the current offer here.
Last week I wrote about the Park Hyatt St. Kitts, which is supposed to open later this year. In general I’ve never been especially enchanted by the Caribbean, even though it’s so close to the US. There aren’t many good options for redeeming points for luxury properties in the Caribbean, and those hotels where you can redeem points tend to be pretty dated (which is true of hotels on many Caribbean islands in general).
That’s why I’m actually excited at the prospect of redeeming points at the newly built Park Hyatt. I love Park Hyatts, I love earning and redeeming points, and the fact that it’s newly built really sets it apart. It’s also a lot quicker to get to than the Park Hyatt Maldives, St. Regis Bali, St. Regis Mauritius,
As of last week the hotel wasn’t bookable, though that has changed. Per Mommy Points, the Park Hyatt St. Kitts is now accepting reservations for stays starting March 1, 2017. It seems like they’re still planning on opening earlier, but are trying to avoid the issue of accepting reservations and then having a huge delay, as is all too common with newly built hotels.
The hotel has only loaded standard rates so far, so they haven’t yet loaded any sort of promotional or advance purchase rates.
Rates are roughly what I expected. In the spring, base rooms cost $900 per night, while suites cost $1,450 per night.
Meanwhile in the summer, base rooms cost half as much. Rooms start at $450 for a standard room, or $1,000 for a suite (regardless of the season, a suite seems to be $550 per night more than a standard room).
There are a couple of things to be aware of:
- The Park Hyatt St. Kitts has a 90 cancellation policy, which is extremely restrictive
- The above rates don’t include 22% in service charges and taxes, meaning standard rooms are $549 or $1,098 per night all-in, depending on the time of year
This will be a Category 7 Hyatt Gold Passport hotel, meaning a free night redemption will cost:
- 30,000 Gold Passport points for a free night (no blackout dates, as long as a standard room is available)
- 15,000 Gold Passport points plus $300 using Points + Cash (availability at the hotel’s discretion, and you can use a Suite Night Award on these stays)
- 48,000 Gold Passport points for a free night in a suite (minimum of three night stay required)
However, award nights aren’t yet bookable at this hotel, though I suspect that will soon change.
In high season, redeeming points is definitely the better option than paying cash (and booking Points + Cash is probably only worth it if you’re hoping to use a suite upgrade — it’s not generally a great value at Category 7 properties).
However, in low season I think you’re better off paying cash, assuming you can swing it. I value Hyatt Gold Passport points at ~1.5 cents each, so to me 30,000 points are worth $450. In this instance there are many advantages to paying cash:
- You could use a Diamond Suite Upgrade
- You could use the Citi Prestige Card fourth night free benefit, taking off the cost of one of the nights
- You’d earn points, which have to be factored into the valuation as well
- We’ll probably see lower rates in the near future, like advance purchase rates, AAA rates, promotional rates, etc.
The Park Hyatt St. Kitts is priced roughly in line with what I was expecting. We should eventually see some promotional rates at the hotel. I definitely want to check out this hotel, though would probably pay cash if I were traveling in the low season, using the Citi Prestige Card fourth night free benefit, while I’d redeem points if staying during peak season.
What do you make of the pricing at the Park Hyatt St. Kitts?