CHICAGO–(COMMERCIAL THREAD) – Hyatt Hotels Corporation (NYSE: H) and Kairos, a portfolio of brands that develops and invests in healthcare, housing and financial services solutions, today announced a new strategic collaboration between World of Hyatt, Hyatt’s award-winning loyalty program. , and Bilt Rewards, the first of its kind rewards program that allows tenants to earn points on rent.
Through this relationship, nearly 109 million renters across the United States have access to Bilt Rewards to earn points on monthly rent payments, which they can transfer at a 1: 1 ratio to travel partners and award, with World of Hyatt as an exclusive hotel transfer partner at launch. Bilt Rewards members who are World of Hyatt members will be able to convert their Bilt points into World of Hyatt points and redeem them at over 1,000 participating Hyatt hotels and resorts worldwide across 19 brands, such as Thompson Hotels, Grand Hyatt, Andaz, JdV by Hyatt and Hyatt House. Additionally, through World of Hyatt’s other strategic relationships, points can be redeemed at participating M life Rewards, Small Luxury Hotels of the World (SLH) and Lindblad Expeditions destinations.
âWe’re excited to team up with Bilt Rewards to enable people to explore all that World of Hyatt has to offer and experience the joy of traveling,â said Amy Weinberg, senior vice president, loyalty, brand marketing and insights, Hyatt. “Through this collaboration, a routine and often dreaded expense like rent can quickly translate into points to use for unique experiences, like a girls’ weekend at Thompson Nashville, a relaxing beach getaway at Andaz Mayakoba Resort Riviera.” . Maya, or a gourmet evening at the Park Hyatt Paris-VendÃ´me.
âHousing is the biggest expense for the vast majority of Americans,â says Ankur Jain, CEO and founder of Bilt. âUntil today, rent was the only major expense you couldn’t recover anything from. With the announcement of the Bilt Rewards program, we are excited to partner with World of Hyatt as the exclusive hotel transfer partner upon launch, as their distinct benefits and unique offerings are unmatched in the industry and will provide tenants the ability to transform their rent payments. in valuable World of Hyatt stays and experiences around the world.
To start earning Bilt Rewards points that can be converted into World of Hyatt points for World of Hyatt stays and experiences, eligible US residents can enroll in Bilt Rewards or apply for the Bilt Mastercard. Bilt Rewards members must be World of Hyatt members (register here – membership is free) and link their Bilt Rewards and World of Hyatt accounts through the Bilt Rewards app to transfer points.
For more information, visit BiltRewards.com.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and / or one or more of its affiliates.
About Bilt Rewards
Bilt Rewards is the first-ever rewards program that allows tenants to earn points on rent and paves the way for homeownership. Through a launch partnership in June 2021 with the nation’s largest property owners, including Avalon Bay Communities, Equity Residential, Related, Starwood Capital Group and more, Bilt Rewards will enable tenants of more than two million units across the country to earn points simply by paying rent. Bilt Rewards offers one of the most beneficial rewards programs on the market today, including individual point transfers to 9 loyalty programs allowing travel across over 100 major airlines and hotel partners; fitness classes at the best studio-shops nationwide, including SoulCycle, Rumble and Y7; exclusive and limited edition collections of art and interior design via the Bilt collection; and the possibility of using Bilt points for rent credits or for a future down payment. Bilt also partnered with Mastercard to create the Bilt Mastercard – the first and only credit card that can be used to pay rent free of charge. Bilt Rewards is a Kairos company. For more information, visit BiltRewards.com.
About World of Hyatt
World of Hyatt is Hyatt’s award-winning loyalty program that brings together participating properties in Park HyattÂ®, MiravalÂ®, Grand HyattÂ®, AlilaÂ®, AndazÂ®, The Unbound Collection by HyattÂ®, Destination by Hyatt â¢, Hyatt RegencyÂ® , Hyatt Â®, Hyatt Ziva â¢, Hyatt Zilara â¢, Thompson HotelsÂ®, Hyatt CentricÂ®, JdV by Hyatt â¢, Hyatt HouseÂ®, Hyatt PlaceÂ®, UrCove and Hyatt Residence ClubÂ®. Members who book directly through Hyatt channels can enjoy personalized treatment and access to distinct perks, including Guest of Honor, suite upgrades confirmed at time of booking, various wellness offers, a mobile key and exclusive rates for members. With over 25 million members, World of Hyatt offers a variety of ways to earn and redeem points for hotel stays, dining and spa services, wellness-focused experiences through the FIND platform; as well as the benefits of Hyatt’s strategic loyalty collaborations with American Airlines AAdvantageÂ®, Small Luxury Hotels of the World â¢, ExhaleÂ®, Lindblad Expeditions and MGM Resorts International. Travelers can register for free at world.hyatt.com, download the World of Hyatt app for Android and IOS devices, and connect with Hyatt on Facebook, Instagram and Twitter.