Paying for a Stay: Hilton Honors Points versus Money or Cash
#167
Join Date: Jan 2000
Location: ATL - DL DM/3MM - HH Lifetime Diamond - Marriott Lifetime Plat
Posts: 3,117
When I go overseas, I can always find a very good hotel for a very low price on Priceline - the problem is then when to use the points.
On my last 3 trips to Paris, we have stayed at the (priceline) 4 star LeMeriden for $100 per night. On all 3 occasions, we were with friends who didn't have points and didn't want to spend the big money to stay at a Hilton while we stayed for free.
We just booked a 6 night stay and are using points as we are traveling on our own, even though we can still stay for $100 where we have stayed before. I have 705,000 in bank and want to burn some points instead of spending the $$ on this trip.
Unless your set on staying at a specific property, it's not always a choice of points or $$$ when you can often find a comparable property using a bidding site.
On my last 3 trips to Paris, we have stayed at the (priceline) 4 star LeMeriden for $100 per night. On all 3 occasions, we were with friends who didn't have points and didn't want to spend the big money to stay at a Hilton while we stayed for free.
We just booked a 6 night stay and are using points as we are traveling on our own, even though we can still stay for $100 where we have stayed before. I have 705,000 in bank and want to burn some points instead of spending the $$ on this trip.
Unless your set on staying at a specific property, it's not always a choice of points or $$$ when you can often find a comparable property using a bidding site.
#168
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Join Date: Jul 2002
Location: MCI
Programs: AA Gold 1MM, AS MVP, UA Silver, WN A-List, Marriott LT Titanium, HH Diamond
Posts: 52,593
Originally Posted by Msnowdon
I am going to Hawaii for business so heading out early with the family. I will be staying at the HHV on Oahu, can get rooms for $190 a night, so $660 with taxes, or should I use the 120,000 points?
Michael
Michael
But if you have no international vacation plans, a half-cent a point at the HHV might not be a bad redemption. I did a 6-night ALON there for 100k when I could've otherwise gotten a resort-quality room in the Waikiki area for about $100/nt. Roughly 7/10ths of a cent per point for a pretty nice property...I thought it was worth it.
#169
Moderator: American AAdvantage
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Matre-plongeur des Muccis
Posts: 62,946
We've enjoyed the 10k stay at Scandic in Brussel and Brugge... they seem to be growing southward! A true bargain!
Another we use from time to time is the Hilton NRT (Narita International Apt. near Tokyo,) another 10k stay.
Another we use from time to time is the Hilton NRT (Narita International Apt. near Tokyo,) another 10k stay.
Originally Posted by Stefan Daystrom
Even that now seems like a poor value to me. A couple months ago in Norway I redeemed 30k points for a 3-night Scandic stay that would cost me over $400. Ie, about $135/night (including tax) vs 10k points/night. No contest!
Scandic has a loophole because of their poor integration into HHonors, whereby the have a flat 10k/night redemption at any Scandic, no matter what the price, to make up for the poor flat earning rate at the chain. Makes it far and away the best night-at-a-time redemption deal in the HHonors program (if you earn HHonors points OTHER than at Scandic!), but obviously only works if you're visiting the handful of northern European countries where Scandics are located.
Scandic has a loophole because of their poor integration into HHonors, whereby the have a flat 10k/night redemption at any Scandic, no matter what the price, to make up for the poor flat earning rate at the chain. Makes it far and away the best night-at-a-time redemption deal in the HHonors program (if you earn HHonors points OTHER than at Scandic!), but obviously only works if you're visiting the handful of northern European countries where Scandics are located.
#170
Join Date: Sep 2004
Location: BDL
Programs: NWA Platinum, HHonors Diamond, SPG, YX, AA
Posts: 5,351
What value to you place on a HHonors point?
I tried search, but couldn't get the answer I was looking for...
I value airline miles at about $.01 to $.0125 each based on the airline, etc
I value Starwood SPG points at about $.0125 each
I -THINK- I would value an HHonors point at about $.0033 each (or 1/3 of a Starwood point)
Any thought out there on a good value of an HHonors point to compare vs Starwood?
I am planning a two night award stay and have an HHonors property and Starwood property right next to each other and am not sure which is a better deal....
I value airline miles at about $.01 to $.0125 each based on the airline, etc
I value Starwood SPG points at about $.0125 each
I -THINK- I would value an HHonors point at about $.0033 each (or 1/3 of a Starwood point)
Any thought out there on a good value of an HHonors point to compare vs Starwood?
I am planning a two night award stay and have an HHonors property and Starwood property right next to each other and am not sure which is a better deal....
#171
Join Date: Nov 2004
Location: Nashville
Programs: DL DM 3 MM AA PLAT HH Lifetime Diamond Marriott Plat AMB lifetime titanium Hertz PC
Posts: 6,190
I value them at .005 . I figure a normal room 20,000 pts should cost $100. The higher award stays are the worst value 40,000 pts for a hotel should be $200, but those hotels weekend rates drop to $99 all the time. SPG has the same issues though 7,000 or 10,000 pts for a room on the weekend that is $99. I would factor HHonors pts versus SPG at 5:1 20,000 versus 4,000 SPG. I do value my SPG points and HHonors much higher then airline miles, since I do not ever worry about Bankruptcy with them. Overall I would look at what catagory the two hotels are. That is the key, a lot of the hotels overvalue themselves. A hampton at cat 3 is a joke and all the Westins are cat 3 or 4 versus a nice sheraton at 2.
Last edited by troyintn; May 19, 2005 at 1:37 pm
#172
Join Date: May 2003
Location: Eurozone
Programs: LH SEN, HH Gold
Posts: 3,002
I personally put 18,000 HHonors points at $100. (so, that's about 0.0055)
I do see your logic as to the $.0033, but with my patterns and properties involved, combined with Hilton Gold / Starwood Gold, I personally value Hilton points higher than I value Starwood points or airline miles.
I do see your logic as to the $.0033, but with my patterns and properties involved, combined with Hilton Gold / Starwood Gold, I personally value Hilton points higher than I value Starwood points or airline miles.
#173
Join Date: Apr 2005
Location: Boston
Programs: UA 2P; AAGold;HHonors Diamond
Posts: 36
it depends
It depends on how you use your points. I personally only use 175000 pts for the 6-night deal at any category 6 hilton.
So...
175000 pts/6 nights = 29167 pts per night
Assume ~$200-$250 per night at most category 6 hotels:
29167/200 = 146 pts/$
29167/250 = 116 pts/$
Take the inverse for $ per point:
$0.0068/pt - $0.0086/pt
so anywhere from .7 cents to .9 cents a point is the value to me; but it totally depends on where you want to stay and the rate they will charge.
So...
175000 pts/6 nights = 29167 pts per night
Assume ~$200-$250 per night at most category 6 hotels:
29167/200 = 146 pts/$
29167/250 = 116 pts/$
Take the inverse for $ per point:
$0.0068/pt - $0.0086/pt
so anywhere from .7 cents to .9 cents a point is the value to me; but it totally depends on where you want to stay and the rate they will charge.
#174
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Join Date: Jul 2002
Location: MCI
Programs: AA Gold 1MM, AS MVP, UA Silver, WN A-List, Marriott LT Titanium, HH Diamond
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So far, my redemptions have been as follows:
- 6 nights, HWV, 100k. Reasonable value for an HWV room plus breakfast & afternoon snacks - $175/nt. So, a little over a penny a point.
- 6 nights, HHV, 100k. Reasonable value for an HHV room plus breakfast - $150/nt. So, a little under a penny a point.
- 1 night, Cincinnati Hilton, 20k. This one is a bit subjective because most hotels were sold out that night. I would've otherwise booked a room for $50 out by the airport and driven downtown. So I'm loosely calling this one a $150 value: I wanted to be exactly there, Priceline had nothing, and the hotel treated me wonderfully. 3/4ths of a cent - even on a last-minute one-night award.
- 1 night, Madison Hilton, 25k. I'll call this one $150 as well. Again, I wanted to be in that property (for a wedding reception), not wherever Priceline would send me or some random Hampton by the airport. So a little under 2/3rd of a cent...
So, given that the Hawaii awards are no longer 100k, I tend to think of my HH points as about 0.7 cents each. I expect my future HH redemptions to look more like those one-nighters and less like Hawaii, so I think that's a reasonable expectation for my uses.
FWIW, I value a Marriott point at about a penny and a Starpoint at about 3 cents.
- 6 nights, HWV, 100k. Reasonable value for an HWV room plus breakfast & afternoon snacks - $175/nt. So, a little over a penny a point.
- 6 nights, HHV, 100k. Reasonable value for an HHV room plus breakfast - $150/nt. So, a little under a penny a point.
- 1 night, Cincinnati Hilton, 20k. This one is a bit subjective because most hotels were sold out that night. I would've otherwise booked a room for $50 out by the airport and driven downtown. So I'm loosely calling this one a $150 value: I wanted to be exactly there, Priceline had nothing, and the hotel treated me wonderfully. 3/4ths of a cent - even on a last-minute one-night award.
- 1 night, Madison Hilton, 25k. I'll call this one $150 as well. Again, I wanted to be in that property (for a wedding reception), not wherever Priceline would send me or some random Hampton by the airport. So a little under 2/3rd of a cent...
So, given that the Hawaii awards are no longer 100k, I tend to think of my HH points as about 0.7 cents each. I expect my future HH redemptions to look more like those one-nighters and less like Hawaii, so I think that's a reasonable expectation for my uses.
FWIW, I value a Marriott point at about a penny and a Starpoint at about 3 cents.
#175
Join Date: May 2003
Posts: 6,360
I value Hilton points at 0.5 cents.
I value SPG points at 1.5 cents.
I value Hyatt points at 1.0 cents.
I value airline miles at 1.0 cents.
And I value SWA credits at $20 per credit.
BTW, these are my lowest values and take into account lost point gaining possibilities if I am redeeming instead of paying. I normally get more value for each of these when redeeming, sometimes as much as 3X as much as I value them at, but that doesn't mean I would personally pay that much myself.
I value SPG points at 1.5 cents.
I value Hyatt points at 1.0 cents.
I value airline miles at 1.0 cents.
And I value SWA credits at $20 per credit.
BTW, these are my lowest values and take into account lost point gaining possibilities if I am redeeming instead of paying. I normally get more value for each of these when redeeming, sometimes as much as 3X as much as I value them at, but that doesn't mean I would personally pay that much myself.
#176
Join Date: Mar 2005
Location: Sarasota, fl
Programs: hilton-Diamond, ba, Cunard-Platinum
Posts: 213
Location, location.....
I spend most of my points in Europe. I find cat. 5 hotels (esp. Conrad) have rooms that cost 300 euros and up. 300 * 1.25 = $375. That comes to 1.1 cents per point. Now, I usually get upgraded to better accomodations say 375 euros. if you factor in the upgrade, a HHonors point is worth even more. And of course B'fast with our devalued dollar frequently costs >$30 in Europe, so that makes the points worth still more.
I guess the moral is, Dont redeem at HI.
I guess the moral is, Dont redeem at HI.
#177
Join Date: Apr 2005
Location: HKG/LHR/JFK
Programs: AA EXP, BAEC Bronze, DL Plat UA, HHonors Platinum, SPG Gold, Hyatt
Posts: 3,253
With the ongoing Walk for Hope program, you get 5000 points for $25 (only two of the walks really vary from this) which is 20000 for $100--straight purchase basically, as you're not getting them from hotel stays. So using that as a basis rather than the value you get from them, which is inconsistent, I'd say $0.005 per point.
#178
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Originally Posted by Artie
I spend most of my points in Europe. I find cat. 5 hotels (esp. Conrad) have rooms that cost 300 euros and up. 300 * 1.25 = $375. That comes to 1.1 cents per point. Now, I usually get upgraded to better accomodations say 375 euros. if you factor in the upgrade, a HHonors point is worth even more. And of course B'fast with our devalued dollar frequently costs >$30 in Europe, so that makes the points worth still more.
I guess the moral is, Dont redeem at HI.
I guess the moral is, Dont redeem at HI.
For my trips to Europe, I have (fortunately) never had a case where I needed to be in the Hilton, Marriott, or Starwood. I've always had the flexibility to select from one of the many nice boutique hotels in whatever city I've been in. Usually a 3 or 4 star place for 150 euros, give or take. So a Cat 5 award at the 375-euro Conrad is really worth well under a half-cent per point to me. I'm better off saving my points for the rural Hampton Inn.
#179
Join Date: May 2003
Posts: 6,360
Originally Posted by Artie
I spend most of my points in Europe. I find cat. 5 hotels (esp. Conrad) have rooms that cost 300 euros and up. 300 * 1.25 = $375. That comes to 1.1 cents per point. Now, I usually get upgraded to better accomodations say 375 euros. if you factor in the upgrade, a HHonors point is worth even more. And of course B'fast with our devalued dollar frequently costs >$30 in Europe, so that makes the points worth still more.