Hyatt and Chase have announced a major expansion of their collaboration, reinforcing the success of the World of Hyatt loyalty program and its co-branded credit cards. Here's a breakdown of the key developments: Expanded Partnership Highlights - World of Hyatt Growth: The loyalty program now boasts over 60 million members, growing nearly 30% annually since 2017. - New Benefits for Chase Cardmembers: - Starting mid-2026, World of Hyatt Explorist status will be offered to top-spending Chase Sapphire Reserve and Sapphire Reserve for Business cardholders. - More Hyatt luxury brands (like Park Hyatt and Alila) will join The Edit by Chase Travel, enhancing premium travel options. Credit Card Program Enhancements - World of Hyatt Credit Card & Business Card: - Up to 9 points per $1 spent at Hyatt hotels - Bonus points on fitness, dining, commuting, and airline purchases - Annual free night awards and milestone rewards - Business card offers $100 in Hyatt credits annually - Portfolio Expansion: Hyatt plans to introduce new credit card products, building on the success of its current offerings. Financial Impact - Hyatt expects: - $50 million in adjusted EBITDA from credit card programs in 2025 - Growth to $105 million by 2027 - An upfront $47 million pre-tax cash payment in Q4 2025 Strategic Value This collaboration is designed to: - Drive more direct bookings and stays from Chase cardmembers - Increase Hyatt’s brand visibility and loyalty engagement - Strengthen Hyatt’s position in the premium travel market
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