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Old Nov 16, 2017 | 8:24 am
  #9  
Jon Maiman
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Join Date: Mar 2003
Location: Pittsburgh, PA, USA
Programs: MR LT Titanium, IHG Plat.,UA Premier Silver, & PA/OH Turnpike Million Miler
Posts: 2,754
Originally Posted by joshua362
Very true, much reading is available. My personal thoughts and takeaways:
  1. If you make cpp calculations, don't forget to add 15-20% for the ridiculous taxes. Conversely, cap your valuation numerator at what you would personally pay in cash for the same room, just because they charge $1000 the night before the Superbowl for a $150 room, wildly inflating the cpp, doesn't make it a great calculation in my eyes.
Yes and no on the cpp calculations for a room for the Superbowl (or other mega-event with inflated pricing). On one hand I agree saying you got 6 to 7 cpp on the redemption is unrealistic. On the other hand if it enabled you to get a room where either you couldn't afford or want to pay the cash rate, it is still an excellent redemption. Some folks would argue it is one of the best redemption's.

For my other redemption patterns:

1) Annual Visa night, we almost always have transit overnights driving to or from our summer vacation. Frequently these hotels off an interstate are low category but high nightly rate since they know they have the vacation travelers locked in. I typically use them on $160+ Fairfield rooms. Note, I also do IHG and they have the same inflated rate issue in these areas (as does Hilton though I don't do that program). So typically a 2 for 1 return for the $85 annual credit card fee.

2) There is a property near where my father and sister live on LI that for whatever reason is only a Cat. 3 but routinely has nightly rates of $200+. I average 6 to 10 nights a year spread over 2 to 3 trips at this property and always pay with points. Still an excellent return on cpp versus cash.

3) In general I try to get >= 1 cpp but at times will go lower if I am strapped for cash and/or exceptionally flush with points.

4) Haven't done it in a few years, but travel packages were always the best cpp. I do find 7 nights in one place a bit long, but hey how much can you complain about a week on the beach in Hawaii.

In general, earn and burn on a regular basis regardless of the cpp value. Maximize cpp when you can within that overall strategy. Hoarding just leads to devaluation of your accumulated points. To each their own... Do what makes the most sense for you (and your family).


--Jon
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