Exactly my point. OK, so you get notice... the points are still devalued. The properties still get more expensive in points. Notice is only useful if you can lock in stays months in advance. It's better than nothing but it at best represents a few months of grace if you can make it work.

IHG devalued properties I stayed at in 2017 for 2018 (ones that would be useful to stay at). Yeah, I got a couple weeks notice. BFD. Still devalues the program for me (and I'd been willing to accrue in IHG), and now the PointBreaks properties are 5k-15k, not just 5k. I don't really see anywhere to run to- they're all running their loyalty programs the same way Zimbabwe or Venezuela manages their currency. If you can find something better for your stay patterns and better value, good for you. But I don't trust Marriott, IHG, etc. any more than Hilton.