I run along a similar thought process of Ronamc, but I am a bit closer to 1 to 1.25 cents per point as I have adjusted for peak seasons, i.e. Mardi Gras, school breaks, holidays, special events etc where the rates can be higher.. but all in all when I look at a bonus and what is it going to cost me and what is it going to give me I plug 1 to 1.25 cents per point in for a dollar valuation
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ronamc:
I estimate my HHonors points based on what I'd pay if I didn't have an ALON or GLON handy. Specifically, if I'm traveling on my own money I'd pay $100-$150 depending upon the location. With priceline and other discount options, it is so very easy to stay below the $100 mark in many markets these days. So, with a 6 night, 100,000 point award, I equate 16,666 points to = $100 and get a per point value of $.006 ~ a little over half a cent. I find I need to be conservative in my estimate to keep things in proportion if I'm reacting to some bonus offer.
Just my 6/10 of a cent....
[This message has been edited by ronamc (edited 12-17-2001).]</font>