I redeem close to 100% of my Marriott points for Travel Packages. Usually with some sort of airline mileage bonus.

I don't fret *too* much about the value-per-point of the 7-night hotel certificate. I always redeem at a city (non-resort) Marriott/Renaissance or (if I'm really lucky) an MVCI unit, usually somewhat high category, usually in a location I actually want to spend a week in but would find good lodging expensive.

My 2018 Travel Packages will be Rome (Boscolo Exedra) and Hawaii (the newer MVCI north of Kona). Those both happen to be $450-500/nt. properties, but I probably wouldn't have booked either with my own cash so the value I assign to them is somewhat subjective.

2019 will probably be Hong Kong and one more TBD. Crossing my fingers that Travel Packages stay strong through the program merger and are bookable into 2020 and beyond.

When I need one or two night award, I look to my smallish stash of Hyatt, IHG, or Carlson points. When I need a resort hotel, I look to my Hilton stash.