Originally Posted by
gooselee
I'm not sure how individual properties get reimbursed by SPG for award stays, but if it's a fixed value per-point, I can see why.
...
I'm not sure if it's different for rooms, but when you spend points to buy something (upgrades, massages, ...) at a property, it's a fixed US$ value per point. I remember seeing the value when using points at the front desk to upgrade at some hotel in BKK, probably Plaza Athenee.
The front desk agent told us not to worry about the US$ value on the paper we signed, because "that's what Starwood pays the hotel".