Hyatt has confirmed that they will be introducing a new category 8 tier. More details here.
Hyatt recently announced some changes that will be going into effect on November 1st. One TPG reader saw the option to search for category 8 properties that cost 40,000 points per night. No properties were actually listed as category 8 and that option has since been removed. Currently Hyatt categories go up to category 7 and cost a maximum of 30,000 points per night. I don’t see any reasonable explanation for that appearing on the Hyatt site apart from the fact that they plan to introduce a category 8 property. If they do plan to do this and introduce this on November 1st it seems disingenuous to formally announce the other plans in advance but not this significant devaluation.
