Originally Posted by HHonorsRepresentative

We’re continuously listening to our members in these forums, and through extensive research we’re evolving the program. Today we announce three new Points benefits and a new benefit for Diamond Elite Members – just the latest stop on our journey to deliver more of what matters most to you.
[INDENT]1. More flexible Points & Money –Starting in late February, Hilton Honors members can use a flexible payment slider to choose nearly any combination of Points and money to pay for their stay, any time, with no blackout dates. Members can still opt to use all Points on award stays and elite members can continue to enjoy the popular 5th Night Free benefit.

Our Points prices will also become more flexible. When demand and room rates are lower, Points prices will flex and go lower than before. As we launch this new benefit, we’re also saying farewell to hotel categories - which will allow prices to go lower than the previous ranges. But you can rest assured about the value of your Points. As we make this transition on Standard Room Rewards, each hotel's maximum Points price is NOT increasing.

For example, today a Standard Room at Category 10 hotels maxes out at 95,000 Points per night. Once the new Points & Money program launches, those hotels will continue to top out at 95,000 Points, and may sometimes be priced lower than the previous category range.