If you have have the World of Hyatt credit card, you can now earn 4x points per dollar when you stay at a Mr. & Mrs. Smith property. Redeeming Hyatt points for a stay at Mr. & Mrs. Smith properties is still a poor value proposition but at least you can earn more points on cash stays.
Keep in mind that Mr. & Mrs. Smith doesn't own any properties. It is a booking platform that has a collection of luxury hotels. Booking via Hyatt may not be the best way to book these properties as some are part of preferred booking programs like Virtuoso. By booking via one of these preferred booking programs, you can get VIP perks added to your stay.
I'll need to confirm, but it seems like you could still earn 4x when paying at the property when booking via one of these programs.
If you'd like to book your hotel stay with VIP perks, you can submit a request here.
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