tl;dr – Book your stay at pre-devaluation rates while you can.
We’re back with another installment of “Deals I’m Booking That You Should Book Too”, a weekly series where I walk you through a random (possibly more) curated deal(s) – points & miles, cash, otherwise (?) – that I find compelling for one reason or another. You can find the past installments here.

With the pending changes to Hyatt’s award chart and loyalty program soon upon us, lots of folks are looking for ways to maximize their existing points. A few weeks ago, I wrote about how Globalists can ‘fight back,’ and just today I offered a pro-tip that anyone with a stockpile of Hyatt points (or points Chase or Bilt points that are transferable to Hyatt) can take advantage of. Well, taking both of these tips into consideration, today’s entry in the Deals I’m Booking That You Should Too is a simple one: reserve this Grand Hyatt Grand Cayman Resort & Spa now before it opens, at the current pre-devaluation rates.

I’ve already profiled the hotel here, so I won’t rehash everything, but I will reiterate a word of caution here.

As this property is not yet open, there’s a huge chance (possibly even a near certainty) that its current scheduled opening date will be pushed back. Several guests who had early summer reservations at the property have already reported receiving emails indicating just such. In my Deals I’m Booking That You Should Too, I wrote about the upcoming Thompson Rome and how, after passing by the property in person on a recent trip to the Eternal City, I’m almost certain that further delays are in order, as it looked far from complete. The same goes for the Hyatt Regency Rome Central. It’s not unreasonable to expect the same thing here.

To that end, if you do end up moving on these pre-devaluation rates, I’d heavily caution against making any nonrefundable flight (or other travel) reservations built around your hotel stay. As there’s little to no risk in making a points booking for the property (whether that be redeeming them now or using a Globalist advance points booking), you’ll also want to cover your bases, but not sandbagging yourself with nonrefundable reservations should things go south. And if they do go south, I’d say there’s probably a decent chance that Hyatt will honor the pre-devaluation rates you’ve reserved for a stay at a later time. At least I hope they will!