Originally Posted by
Exiled in Express
Good to know this still works. My last stay was a points and cash redemption and after checkout I saw the folio, the property was reimbursed $20 of my $30. It seems the "point printing press" is benefical for both the traveller and ICHG corporate. I am not sure if the property is getting hosed or not, they were getting $20 for the award regardless of which option I selected and if I was forced into a revenue stay it would have been at the much more reasonably priced Marriott competitor.
Yeah, I posted the following some time back:
Originally Posted by
soitgoes
Given the way PCR is run, who knows, though. Indeed, it may even be PROFITABLE for them even if people just buy points at .6cpp. The low occupancy (95% full or less) reimbursement rates are $20-$100 (plus tax). The amount PCR collects from Cash & Points sales is $30 (5K PointBreaks) to $240 (40K IC).
After all, PCR sells points at .5cpp to hotels, so .6cpp is actually a slight premium.