Putting this in the finance forum, but I suppose this could also land in “Off Topic” as well. Major changes got announced and/or implemented today for three currencies:
All three have interesting consequences. AA seems to have de-emphasized butt-in-seat miles in favor of credit card spend. Marriott seems like a significant devaluation - they are essentially tying award pricing to the hotel’s rates, so the days of maximizing cents per point value seems gone. Hyatt still has the fixed charts, but there are pre-determined peak and off-peak dates. Thus value will likely still exist in the program.
Personally, I am going to lay off UR for a little while (we transfer to Hyatt) and funnel spend towards our grandfathered Priceline card. I just drained my UR points to book a week at the Grand Hyatt in Kauai before these changes went into effect. We booked for a stay in January and realized significant value by nabbing a fixed point rate during a peak winter travel time.
The tl/dr here, which has always been good advice anyway - burn points as quickly as you can, because these rewards programs can devalue at the drop of a hat.