FlyerTalk Forums - View Single Post - Let’s talk about alternatives to the SPG Amex after the massive Marriott devaluation
Old Jul 18, 2018 | 12:47 pm
  #432  
controller1
30 Countries Visited
2M
15 Years on Site
 
Join Date: Jan 2009
Location: TUL
Programs: AA EXP 2MM; Marriott Titanium; Hyatt Explorist; MVC Chairman
Posts: 6,181
Originally Posted by bgriff
Curious what kind of redemption patterns have led to 3 cents a point. I am judicious with my Starpoints but I've rarely achieved that level of value -- maybe occasionally for stays on super-peak dates, or for random lower-end properties (the Le Meridien Angkor Wat is offering me a good value on a trip later this year for example, although it is also going up in price in the new award chart).

Personally I went through and mapped out hotels in a range of destinations that I'm planning or considering for travel in the next 18 months and most values were in the 0.5-0.8 cents per point territory. There were a few of 1 cent or more, though most of those were thanks to the discount on cat 8 awards for Aug-Dec 2018, and boosted by the short-term lack of peak award pricing. Plus unlike SPG, Marriott does not have the rule of "if a standard room is on sale it must be available using points" (Marriott merely has "no blackout dates", so there has to be at least one award room every night, but not "no capacity controls") so I wouldn't be surprised if we start to see very limited availability to use points in Hawaii over Christmas break and in other situations that would have represented particularly good SPG values.

I haven't decided yet what my breakage point will be for using Marriott points ... I always used a threshold of 2cpm for SPG.
The following are bookings using SPG Starpoints.
  • I currently have a 5-night stay booked for the St. Regis NYC at the end of August which is yielding 4.8 cents per point and that is at the current rate which I hope I will be able to improve on when the loyalty programs are merged as the property is decreasing in Category from August-December, subject of course to award availability.
  • I have a couple of stays during sporting event weekends in New Orleans at the Sheraton New Orleans which are yielding 3.2 cents per point.
  • I had a week in January at The Westin Playa Conchal in Costa Rica which yielded 3.1 cents per point.
  • I have an upcoming stay in January at The Westin Riverfront Resort & Spa which is yielding 3.0 cents per point.
  • I have an upcoming stay in March at The Westin Maui Resort & Spa which is yielding 2.9 cents per point.
Those are a sampling of my upcoming award stays.

If you're using Starpoints and only receiving 0.5-0.8 cents per point, why not pay cash? I can't imagine spending 10,000 Starpoints per night on a Category 4 Sheraton when the total Room+Tax was only $50-$80/night.
controller1 is offline