Originally Posted by
TMM1982
2 nights at Ritz Central Park is worth $2,000 (70k each night)
2 nights at Bachelor Gulch is worth $2,000 (70k each night)
And I'm sure some Marriott Category 7 properties at 35k each (Get to book 5 nights for the price of 4) would translate to some serious cash.
Would you pay $1000 per night to stay at those hotels if you didn't have the points? I wouldn't, so it's not worth that much to me. Obviously you might value points differently, but IMO if you always look for the most expensive redemption options, you end up with unreasonably high valuations for points.
In short, just because they charge that much for it, doesn't mean that it's worth that much.
(FWIW, you are actually valuing the points at more than it costs to buy them)