2013 was a year of several major devaluation announcements including:

United (kicks in February 1, 2014)
Southwest (kicks in March 31, 2014)
Delta (already kicked in on current award bookings for travel that starts February 1, 2014 or later)
Hyatt (kicks in January 7, 2014)
Ultimate Rewards (with three major transfer partners devaluing--United, Southwest, and Hyatt--the program took a major hit through no fault of its own)

But the more things change, the more they stay the same.

I am a lodging cheapskate. My ideal trip length is four weeks, so hotel bills would add up quickly. Right now I haven't been in the US since February, so I've had to come up with creative ways to sleep cheaply.

But just because I'm a cheapskate doesn't mean I don't want to stay at fancy hotels sometimes too. I'm jealous that Rookie Alli has two nights at any Hilton worldwide.

Update at 1:02 PM ET: I had two computers and a smartphone ready on three different-sized packages (69k, 36k, and 24k), but all got the "on hold for other customers" message within seconds of 1 PM. This is the first deal I failed to get in on.

According to this thread on FlyerTalk, Hyatt has tweaked the award chart category for 17 of its properties. Hyatt's complete award chart can be found here for reference. These changes will go into effect on February 7th. Room reservations booked prior to this date will still be at the previously published award level.

The complete list of changes:

At first glance, none of these changes stick out as drastic. The Hyatt 48 Lex in New York City changing from a category 4 to a category 5 might be disappointing to Chase Hyatt Visa cardholders.