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Only con with Hyatt is the smaller footprint, program is much stronger than bonvoy
And Hyatt has more blackout dates for using points. I was willing to use 2x+ points to get a night in Vancouver and they said they didn’t have any rooms available for point redemptions.
That’s not so much “blackout” as no standard rooms available for booking. Throwing more points at a non-available set of rooms doesn’t work the same as GUAR
I was tempted to do that but will hang on to Bonvoy till they have the double elite days promo. Those count toward lifetime platinum too.