FlyerTalk Forums - View Single Post - Hotel program objective comparisons
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Old Mar 5, 2004 | 2:08 am
  #61  
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by divaof travel:
The point calculator is an interesting tool, but it is like comparing Japanes Yen to the US Dollar with no knowledge of the exchange rate.</font>
I do not know if LH738’s main intention was to compare eg *wood points with MR points, as he created the point calculator. There are so much possibilities to redeem (eg hotel stays, transfer into airline miles, etc), when it comes to value hotel points.

Further more, I see that some poster do not differ between "price" and "value", which is very important for me. I define "value" what it's worth to me and “price” what I have to pay for this service. Let me come up with an example:

On a given day, the price for a suite is USD 440,--, for a club level room USD 135,-- and – the room I book - for a standard room USD 95,--. Assume the check in agent gives me the choice for a suite without access to the lounge and a club level room. I will choose the later, but wood never argue I “saved” USD 40,-- or I “lost” USD 305,-- (my friend would say I should have booked the room for USD 40,-- on Priceline). I think this way: someone gives me the choice of either getting a room for USD 440,-- or some amount in cash, how much cash would he need to offer me to take the cash? If he offered me the room for USD 240,-- and USD 200,-- in cash, would I still consider the USD 440,-- suite the better value? I would say no. IM the key question is: Where would be the limit for me? Once I figure that limit out I know "my value".

As I used the FGP points & and requalification calculator for the first time, it was amazing for me to realize, how low the “discount” is within a frequent guest programme (FGP), if you compare it with the “discount” of frequent flyer programmes assuming you spend the same amount of money. Since I recognized that, I am much more price sensible and therefore I am looking more carefully on how to get the best rate rather than to maximize my FGP points. And at this stage, it is very important to compare the prerequisites of (re-)qualification for a top tier…