I know there is currently a "Less is More" promo (giving discounts on GC points redemption) which runs to end of Feb.
Is it likely given past/history that a similar promo will be run for later periods in 2015 including June? We are staying at Shan Rosa-Ria in BKI, and I am needing to redeem for a n exec suite @7000 points per night - under the promo it would be 30-40% less - which would enable me to redeem for more nights.
Also - if once makes a GC points booking at current point levels and promo goes up, can one cancel a GC points reservation and rebook? Is there a penalty for cancelling GC points reservations? I read the T&Cs but it doesn't mention it other than local hotel/resort cancellation rules (which I assume means prior to 24 hours before or you lose one night's stay).....