Originally Posted by Delta Hog
Just finished three nights at the Stanhope Park Hyatt on FFN. My TV folio during that time reflected how much GP reimbursed the Stanhope for each night of my room -- $ 63 and change.
Forgive my ignorance, but is this the way it always works, GP reimburses the hotels (at a minimal rate) for FFN or points redeemed? Is it always a standard rate? What does GP get out of the deal? I.e., who pays GP's bills?
My understanding is that this is the way it works for most, if not all, hotel loyalty points. From what a few people have mentioned, it is different rate depending upon the location, property, etc. and type of award used. For the FFN promotion, MasterCard is paying for part of it at least.
For paid stays, I assume that part of the room rate goes to GP. I was told that this is one of the reason why some properties charge resort fees. Since it is not part of the room rate, they keep the full amount and do not need to pay a percentage to GP, SPG, HHonors, etc.