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Old May 25, 17, 10:11 am
  #4  
road2elysium
 
Join Date: Aug 2012
Location: Bay Area
Programs: Hilton Diamond, Marriott Platinum Elite, IHG Plat, Hyatt Explorist, National Exec
Posts: 31
Originally Posted by sdsearch View Post
Keep in mind it's not really a rate. All points plus cash is at Choice is you buying some of the points at the time of the reservation. It's rarely a good value, because buying points is rarely a good value.

If you ever cancel a points + cash reservation, you don't get any cash back, instead you get the points you bought back.

Ie, there's never a better points plus cash rate or a worse one. There may be an illusion of that, but the cash portion is always the same for the same total points amount. It has nothing to do with the price of the hotel. That's why you can even find some cases where the cash part of points + cash is actually more than the pure cash value of the hotel, because points + cash is nothing more than buying some of the points with the cash (at a poor rate).
Pretty sure I read this exact word-for-word post from you already.

1. Other hotel loyalty programs (IHG) operate in the same fashion.
2. You said "In some cases points+cash > cash rates"
But that also means in some other cases, points+cash < cash rates.
3. Having an option to buy points at better than the typical purchase price rate is a good thing.
Don't let perfect be the enemy of good.
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