Yes, I'm using points for the hotel stays.

I have a bunch of HHonors points that I got mostly from airline transfers before that route closed. They're much harder to use than the SPG points, so I want to use them if I can. The Shanghai Hilton was available, and the location seemed great, so I jumped on it. I don't need luxury - in fact, I would have booked the Sheraton Great Wall or Beijing Hilton in Beijing rather than the St. Regis if it weren't for its apparently more central location. (We like to walk and take public transportation where possible when on holiday.)