Originally Posted by
leroy11
Hello all
It will be interesting to see how this all pans out.
I currently have an unused Cat 1 - 5 certificate. I suspect I will be more likely to use a Cat 8 property but not sure which one. What are your thoughts on upgrading the certificate to be category 8 - is this less risky than keeping a Cat 1-5 cetifiicate? From what I've read, it may be safer to attach to a property but not sure which hotel i will end up using it at.
Thanks1
Depends on how the category of the property is changing. For example, I have a Cat 8 that I bought so I could use it at the NYC Midtown East Residence Inn. That property is dropping from 40K-35K per night so I'm not attaching it to my reservation since I can't current devalue to a Cat 7 (35K/night) and attach it.