I broke the news back in May that Starwood was considering devaluing its award chart 25%. I don’t know the internal discussions or reasons why, perhaps because of the outcry that followed on Flyertalk or perhaps for entirely different reasons unknown, but apparently the devaluation has been called off — at least for now. Starwood Lurker posted the following on Flyertalk this afternoon:

Just as an FYI, the word that I got from on high today was that there won’t be a devaluation of 25%. As far as it stands now, there will not be any major changes to the program’s award chart in the near future.

Good news, or so it seems!