I used 270,000 MRpoints to transfer to United and got 132,000 miles. Booked a one way first class ticket on Lufthansa to from MIA-FRA-HKG in A380F then connected in Thai F to Bangkok and spent 7 nights at the new Marriott Sukuhumvit. Total package worth :
Plane ticket price: $6800
Hotel : 1050
$7900 for 270,000 points = 2.9 cents per point and you earn 3.75 to 1 over SPG as a platinum. Take that Starwood !!