I realize the FS has been offering similar credits for awhile... but just booked 3 nights at the St. Regis Punta Mita on a "local flair package."

Rate Plan: LOCAL FLAIR PACKAGE
Rate Plan Description: Includes 300 USD Daily Credit applied at check out to food and beverage consumptions or spa treatments
620.00 in US DOLLARS per night

Room Description 1 King
Deluxe Suite Non-smoking, Beachfront, Jacuzzi, Personal St Regis Butler, Spacious Bathroom, 1140 Sqft Suite With Jacuzzi On Its Terrace Located On the Beach. Separate Living Area. Oversized Lcd

Deluxe Garden room is $445/night and also includes the $300/day credit, but for the Deluxe Beachfront jacuzzi suite (there are only 2 at the resort, and the rack rate is $3385/night), I think $620 (before the $300 credit) is a phenomenal deal, and I'm pretty sure this isn't their standard platinum upgrade.

If anyone's curious, taxes and service are huge at this hotel (and lots of other high end hotels in Mexico)... $620 translates to just under $800/night after all fees...

Estimated total for your stay**
1 room(s) for 3
night(s)
Room rate: USD 620.00 USD 1,860.00
Room rate excludes the following:
Lodging: USD 18.60 USD 55.80
3.00 % Per Room / Per Night
Value Added Tax: USD 99.20 USD 297.60
16.00 % Per Room / Per Night
Service Charge: USD 62.00 USD 186.00
10.00 % Per Room / Per Night
Estimated total**: USD 799.80 USD 2,399.40