A FlyerTalk Posting Legend
Join Date: Sep 2009
Location: Minneapolis: DL DM charter 2.3MM
Programs: A3*Gold, SPG Plat, HyattDiamond, MarriottPP, LHW exAccess, ICI, Raffles Amb, NW PE MM, TWA Gold MM
Posts: 102,617
Points plus cash redemptions can be great values when offered, and they count as eligible nights.
For instance, PH Palacio Duhau in Buenos Aires is 10,000 points + US$125 per night, versus rates of about $500 per night, maybe $450 for AAA/AARP/etc. That's about 3.5 cents per point, although you earn fewer points for the stay.