Sweet Spot Sunday: Book a suite at the Grand Hyatt Bali for just 10,000 points per night

It's no secret that the cost of luxurious resorts in Indonesia is much lower than in the US and Canada. There are four Hyatt hotels on the Indonesian island ofBali.

Only a few loyalty programs still use an award chart. Award charts lock in a fixed price for your stay. You can get a lot of value from your points if cash prices are high.

One of my favorite uses of World of Hyatt points is to book an executive suite at the Grand HyattBali for 10,000 points.

Why it's special

Hyatt points can be very expensive, but they're not at the Grand HyattBali.

The Club Executive Suite King at the Grand HyattBali costs over $500 per night during peak travel dates. The room has a bathroom and views of the ocean. The Grand Club at this resort has complimentary breakfast, snacks, and evening hors d'oeuvre with alcoholic beverages.

Four different room choices will be given to you when you redeem Hyatt points. There's a range of prices for off-peak, standard and peak.

• Standard room free night — standard king or two twin beds (528 square feet): 3,500 to 6,500 points per night.
• Regency Club free night — standard king or two twin beds with club access (528 square feet): 5,500 to 8,500 points per night.
• Standard suite free night — Grand Suite King (1,055 square feet): 6,500 to 9,500 points per night.
• Premium suite free night — Club Executive Suite King (1,518 square feet): 7,000 to 13,000 points per night.

The premium suite will be given to you if you accumulate ten thousand Hyatt points. It is possible to use just 10,000 points to get a suite that is free.

The website hyatt.com.

Hyatt hotels can be booked for as little as 3,500 points per night.

How to book this award

If you redeem points for any Hyatt property, you can book this suite on hyatt.com as well. Let's see how it goes.

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When you log in to your Hyatt account, type "Bali, Indonesia" in the destination bar, your desired dates and the number of travelers, and you're good to go.

Select "view rates" on the next page.

The Club Executive suite can be found if you go to "Premium Suite Free Night." To book, click "select" There was a lot of award availability for this suite.

You will be taken to the final checkout page. The service fee is not charged if you use points.

Everything you need to know about the World of Hyatt is listed here.

How to earn points for this award

The World of Hyatt Credit Card and the World of Hyatt Business Credit Card are co branded by Chase.

You can transfer Chase UltimateRewards or BiltRewards points to World of Hyatt.

There is a way to quickly stock up on Hyatt points.

Bottom line

For 10,000 points or 7,000 points on off-peak dates, you'll find yourself in a 1,500-square-foot premium suite at the Grand Hyatt with access to the Grand Club, where you can enjoy a complimentary breakfast. You'll get three times the valuation of your World of Hyatt points if you redeem your points for this suite.

Wouldn't it be great to travel there on ANA's Room business class for 100,000 points per person?