Originally Posted by
3Cforme
They do. I don't believe it is anywhere close to market rates. Once the allocation of award rooms is gone they may prefer to hold out for cash. SPG allowed using more points for premium rooms but one had to call in.
My understanding is that it's a very small amount that basically covers housekeeping costs for a room that otherwise would have been empty, but if the property is very full, it's close to the rack rate. People have accidentally gotten folios before showing what Marriott/Hilton/Hyatt paid the property for an award stay. IIRC the criteria for "very full" is pretty high though, something like 95%+ occupancy?