IMHO, not very good value for money if you're using it mostly for dining...the dining discounts exclude all service charges, taxes, gratuities and alcohol...so you'll need to eat in the hotel a lot to get your money's worth. If you eat at the hotel once every two weeks or so, then over the course of a whole year you'll probably save money, but you'd still be paying the expensive hotel restaurant rates to begin with.

If you do plan to be dining in the hotel every two weeks, though, and you need someone else to dine with to get the 50% off, you're more than welcome to take me along.

I'd skip the Platinum Privilege programme altogether, and find other places to dine, myself...especially since where I live, you can get wonderful food anywhere for a few dollars a plate.