4 stays bring you one reward certificate for a free night (Unlimited membership), sometimes 2 stays only if the Private Sale includes this offer. 3 certificates redeemable one time at one hotel but blackout dates appear during high season at top destinations. Complimentary continental breakfast for 2, but most hotels I know give full buffet breakfast. Benefits given also on award stays. Upgrade policy changed some time ago from guaranteed to by discretion of hotel. Some more benefits.

I have not renewed Unlimited recently but still consider to do so.

Kempinski Munich is also gone by the way. Three years ago LHW had 24 member hotels in Germany, now down to 17.

What is going on?