Originally Posted by
joshua362
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.
You can ignore these numbers when you're trying to define the "value" of a point. Some people point out that it's possible, with planning, to find a $25K airfare JFK-NRT in F, thus miles are worth $25K/redemption cost. No, of course their not.
But if you have tickets to the Super Bowl, and need somewhere to stay, and rooms are $1000, and you can redeem at a property for 30K/night, you certainly won't "ignore" the opportunity because it's "inflated". I didn't pay going rate for SB XL.