Originally Posted by
bcosinteno
I booked the Diplomat Resort last night for before the change went into effect. The room rate was $290 a night, 50,000 points a night or 20,000 points + 85.00 cash per night. I did the 20,000 points & 85.00 per night.
This morning just for curiosity I checked. The same room is now 70,000 points a night or 48,000 points + 85.00 cash per night.
Not surprising. Previously, standard awards at that property were 50K in less busy months, and 70K in more busy months. Hilton said that the maximum redemption rate would not change, but they did not say anything about maintaining the lower redemption rate; only that at off peak periods the redemption rate could be lower.
48K points is 69% of the total redemption cost, therefore $85 would be 31% of the flexible rate for the night you are looking at.
You are getting 0.38 US cents per point here, which is quite poor. There appear to be 3 levels of point values - 0.38c, 0.55c and 0.7c.