i think they want USD 9 or 10K.

based on your metrics, both the night count, and spend, you wld be feeling comfortable that you have already satisfied the criteria.

excluding say really low cost markets, like the USD75 KL IC eg. the traditional low cost route, mainly for those guys on their employer's dime, being say 40 non IC nights@USD100, and 20 USD200 nights, equates to 8K.

Sure, in some Asian markets, it cld be achieved for half that, and it's quite possible, the primary reason they use the "top 1% by Invitation" line, allows them to adjust the $ threshold requirement by market.