Originally Posted by
MichaelColey
1
Another to avoid would be Delta. They have promotions to get more miles sometimes, but redemption is very hit and miss (and that's being generous).
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... If one of the airlines goes out of business or dilutes their FF value, you aren't locked in to just one.
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agree completely
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The main problem here is too much reliance on a form of currency,
that is dependent on the issuer (Starwood) itself not going bankrupt.
I can theoretically do see the tremendous value of SPG,
but what if this goes down or Hilton or any hotel chain,
in this economy.
If airlines can go down, so can hotels -
Hilton was bought at the peak valuation
It would be like LTCM collapse 10 years ago.
From that point, MR is better than SPG, but hopefully we can see it coming.