Hyatt Hotels is in talks to buy Starwood Hotels in what would be one of the largest hotel mergers ever. Hyatt management would take control of the combined company. What this means in terms for any Starwood points you hold is still to be determined. If Starpoints are offered 1:1 for Hyatt Gold Passport points that would be an immediate devaluation of Starpoints which are generally worth 3 cents a point compared to 2 cents a point for Hyatt. Stay tuned!