Over 2 Billion Points for a Stay at a Hyatt Place?

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Nearly all Hyatt elite Gold Passport ~~junkies~~ members know that:

points & cash, when available, can be a great deal
previously, it was not possible to book a points & cash rate online, but instead a call to Hyatt or a tweet to Hyatt’s social media, was necessary
just recently, Hyatt began making booking of the points & cash awards available online
this development made elite Hyatt Gold Passport ~~addicts~~ members rejoice with happiness

So, I was just researching a possible stay at a new Category 1 Hyatt Place hotel in Asheville, NC scheduled to open next year. I entered the dates July 2 to July 4th. The Daily rate of $379 seemed a bit steep, so I decided to see what options there were for points or points & cash.

Since the hotel is a category 1, it should be 5,000 points or 2,500 points plus $50. Instead an award stay is listed as 2,147,483,647 points, and a points & cash award stay is listed as 2,147,483,647 points plus $50 USD!

All I can say is this better be a really nice Hyatt Place!

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