I LOVE Hyatt. I am a Hyatt Diamond, and have been for the last two years. I am writing this from the Park Hyatt in Beaver Creek, Co. Room costs 1500/nt during Christmas, plus free breakfast that costs anywhere from 50 to 100/day for two plus tip. Cost me 22K points per night (old rate - now 30K/nt). Earn UR points and transfer to Hyatt. Points cost about .01 and get anywhere from 2 to 8 cents value when redeem. If can't get at least 1.5 cents, I pay cash for room. Buy Hyatt GCs when they have 10% off, use Amex card giving 5% back, so get 15% discount when pay for room because use GCs. They have the sale going on now thru 12/31. See this link for explanation.
http://loyaltytraveler.boardingarea.com/2014/11/03/hyatt-gift-cards-10-off-and-free-shipping-to-come/
Should get the checks since they can be used anywhere in the world. GCs are only good in the US, Canada and Caribbean. Hyatt has the best status and easiest to get Diamond. Only need either 25 stays OR 50 nights. Caution - you only get one stay credit no matter how many nights you stay AND checking out and then back in for sequential nights stays at the same Hyatt, only gets you one stay credit. Cost anywhere from 5K to 30K for one night, depending on level of Hotel. Also started cash and points redemptions this year which gives you one stay credit per stay, plus how ever many nights you are there. When get Chase Hyatt, get two free nights at ANY Hyatt in the world. My wife and I stayed at the Park Hyatt in Milan. Room was 800/nt plus free BF, that was in range of 50-100 plus tip. Only downside of Hyatts - there aren't many compared to other chains.
I also have CC card - great value for 2nd nite free, SPG for airline transfers, IHG & Choice and HH. Have used all in our travels. Nice to have a choice of hotels in the locations we go to. Choice is GREAT for foreign travel. We have gotten rooms in Rome and Venice for 8K points/nt! IHG has a lot of properties all over the world. Last trip we took, we used Hyatt, Hilton and IHG points for stays. With IHG you have Platinum status (their highest) just by getting the Chase CC.