I've been playing around with CITI TYP hotel reservations for wife's new Premier card.

And this has caught my attention:

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Quality Hotel Malesherbes - St Augustin 11, Place Saint Augustin,
Paris, FR, 75008. Hotel Star Rating: 3.
Distance in miles from original search: 1.95 miles.
Property Location With a stay at Quality Hotel Malesherbes in Paris (Champs Elysees), you'll be convenient to Musee... 1.95 mi
11, Place Saint Augustin, Paris, FR, 75008

Hide Hotel Details
Price From 10,400,467 Points
Avg. per night or $130,005.84

SUITE 1 QUEEN BED - ROOM ONLY
Suitable for 3-4 guests
Rules, Policies, Cancellations
10,400,466 Points Per Night
or $130,005.83
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10,400,466 TYP or $130,005 / night for a room that costs about ~$120 on bookings.com