Pepsi has a significant corporate presence in the Chicago metro area, and whether you're visiting the downtown offices, attending a trade show at McCormick Place, or meeting with distributors, the Hyatt Regency Chicago sits right on the Riverwalk where it's easy to get anywhere in the Loop. Code 20937 knocks roughly 15% off the public rate before you even factor in the World of Hyatt points kicking back to your account. That's real money if you're traveling to Chicago more than a couple of times a year.
The Property
The Hyatt Regency Chicago occupies a prime spot at 151 E Wacker Drive, directly on the Chicago River with views of the Magnificent Mile, Navy Pier, and the downtown skyline. The location puts you within a 10 minute walk of Millennium Park, the Art Institute, and dozens of Loop restaurants. O'Hare is about 27 minutes by car or rideshare, though CTA Blue Line access is also close if you want to skip traffic.
This is one of the largest hotels in Chicago with over 2,000 rooms, so you'll find everything from standard king rooms around 350 square feet to suites with separate living areas. Rooms include a large work desk, ergonomic chair, and reliable Wi-Fi, which matters when you're prepping for morning meetings. Regency Club rooms on upper floors add lounge access with complimentary breakfast and evening appetizers, a worthwhile upgrade if your per diem covers it.
The hotel has a 24 hour fitness center with a solid cardio and free weight setup, plus an indoor lap pool if you want to get a swim in before meetings. On-site dining includes the American Craft Kitchen & Bar on the riverwalk level, and Stetson's for steaks when you're entertaining clients. There is no airport shuttle, but the hotel's location makes rideshares quick and the CTA is a short walk away.
The hotel is steps from the Michigan Avenue shopping corridor and a short walk to the Chicago Riverwalk, which is lined with restaurants and bars. For business, you're within walking distance to major offices along Wacker Drive and the Loop financial district. Union Station and Ogilvie Transportation Center are both reachable in about 15 minutes on foot, making suburban client visits by Metra easy to manage.
Your Savings Breakdown
| Rate Tier | Rack Rate | Corporate Rate | Points Earned | Point Value | Net Cost | Savings |
|---|---|---|---|---|---|---|
| Standard | $170 | $145 | 725 pts | $12.32 | $132.68 | $37.32 |
| Superior | $280 | $238 | 1,190 pts | $20.23 | $217.77 | $62.23 |
| Premium | $450 | $383 | 1,915 pts | $32.55 | $350.44 | $99.56 |
A typical room here runs about $280 at the public rate, but entering Pepsi's corporate code 20937 drops that to roughly $238 per night. You'll earn around 1,190 World of Hyatt points on that stay, worth about $20.23 at standard redemption value, which brings your effective net cost down to $217.77. That's a total savings of about $62 per night compared to booking at rack rate without loyalty points, which adds up fast on a three or four night trip.
How to Book with Code 20937
- Go to worldofhyatt.com and log into your World of Hyatt account, or create one if you haven't already
- Enter Chicago, IL as your destination along with your check-in and check-out dates
- Click on the Special Rates or Corporate Code field beneath the date selector
- Enter corporate code 20937 in the corporate rate field
- Verify the discounted corporate rate appears for the Hyatt Regency Chicago, then complete your booking
Stack Your Savings
If you hold World of Hyatt Discoverist status or above, the corporate rate still triggers your elite perks at the Hyatt Regency Chicago. Explorist members get room upgrades when available and late checkout, while Globalist members receive suite upgrades, free parking, and waived resort fees. These benefits layer directly on top of the discounted corporate rate, so you're paying less and getting more at the same time.
The World of Hyatt credit card from Chase earns 4 points per dollar spent at Hyatt properties, which bumps your earning from 5 base points to 9 points per dollar on the room charge. If you carry the Chase Sapphire Reserve or Sapphire Preferred instead, you can transfer Ultimate Rewards points to Hyatt at a 1:1 ratio, which is widely considered one of the best transfer values in the loyalty space. Either way, paying with a Hyatt or Chase card means your corporate stay works harder for your personal points balance.
Hyatt regularly runs bonus point promotions, especially in Q1 and Q4, that offer double or triple base points after a qualifying number of stays. If you know you have several Chicago trips coming up, time your enrollment in these promotions before your first stay to stack the bonus on every night. Booking midweek rather than Sunday or Monday arrivals also tends to show better corporate rate availability at this property, since it's a popular convention hotel.
Bottom Line: Pepsi employees traveling to Chicago can expect to save somewhere between $37 and $100 per night at the Hyatt Regency Chicago using code 20937, depending on the season and room type. The location on the Riverwalk is hard to beat for Loop business travel, and the World of Hyatt points you earn on every stay add a tangible rebate that makes the math even better. If you're doing repeat trips to Chicago, this is the kind of consistent discount that compounds into free hotel nights down the road.