I'm a novice here with perhaps a too simple question.

When I use frequent flyer miles to purchase an airline ticket, I use the guideline: I'd like to get a penny and a half per point. Ex. Use 25,000 miles for a ticket that would cost me $375 or more. Nice, but lately I've been getting only a penny per point.

My question is, when it comes to hotel points, what would be a reasonable guideline? If I use 10,000 points for a room that would cost $125, or a penny and a quarter per point, is that a good, bad or average deal?

Thanks for any insights.