Originally Posted by
krazykanuck
Also I've found that for international flights, like HOU-Mexico, you can get the CPP higher because the base fare is a lower % of the total cost, since they're being offset by the customs, airport, and other fees that you have to pay in cash.
Otherwise I generally agree with JHake10's analysis. Hyatt is just such a unicorn of a transfer partner because of the 1:1 transfer ratio and their award redemptions require relatively few points vs. any of the other chains. The fact that I can get a decent limited service hotel for 5k, 8k points is great and with earning 3x and 5x on various Chase cards just provides outsized value.
The only thing I'd say here is that unless you need the revenue flights for elite status, I think the flexibility (full refunds, no fees) of using points outweighs the slight valuation edge of booking through the portal. If you need to change/cancel/price goes down on a portal bought ticket, you're only going to get back a voucher for future use within a year other than points.
I kind of regret not transferring a bundle over to KE before that ended, but I had no definite plans to use them, so I didn't. Life rolls on though!
Yeah, I don't think I would ever book WN tickets through the portal under the current system. The flexibility of a refundable fare is way more valuable to me.