A major World of Hyatt devaluation is hitting on May 20th, with some top-tier hotel prices jumping nearly 50% overnight, and savvy travelers need to act fast to lock in current rates. Alaska Airlines just completed its first-ever transatlantic flight, and the carrier is rolling out an elite perk that no other U.S. loyalty program currently offers. Delta Diamond Medallion members are losing a valuable complimentary benefit they've long relied on, though there may be a credit card workaround. On the credit card front, a limited-time offer on a premium hotel card is expiring soon with a welcome bonus worth over a thousand dollars, and two brand-new co-branded cruise cards have just launched. American Airlines also addresses its long-criticized cabin quality issues while sharing some surprisingly good hub performance numbers.

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