Originally Posted by
lsquare
Sorry if I wasn't clear. I've already made the conclusion that Platinum status is worth it or else I wouldn't even do it. I was asking if it's worth doing now since we're approaching mid-August or should I wait to initiate it in January 2020? Or maybe my understanding of the status period is wrong. 16 nights ain't a problem. Let's say I initiate the challenge on September 1st and I stay in HK or Shanghai for 16 straight nights, when will Platinum status expire for me if I don't renew in 2020? If I obtain Platinum status by staying 16 straight nights in January 2020, then when will Platinum status expire?
As for a hotel lounge, I'm sorry, but can you explain to me why this is such a coveted benefit? I've never stayed in one before at any properties. I can see why airport lounges are so useful, which is why I have AMEX Platinum not just for Priority Pass, but also for Centurion Lounges
Thank you.
If you've not decided that hotel lounges are a significant benefit then aiming for Platinum status doesn't seem logical because the cash value of Platinum status lies primarily in lounge access (and secondly breakfast however that is delivered and however much you eat). But maybe that's just me. For me it's the most monetisable, valuable of the Platinum benefits.
In some hotels, the lounge effectively gives you full board for the price of a basic room. Go to countries like Malaysia, Singapore, Indonesia where alcohol is expensive and you can literally get your room are back in booze if there are two of you. I've done it ;-).
You should check out the lounge thread to see what you will get at the hotels you're looking at. Then decide if getting these benefits has any value for you at all. It's up to you if they do or not. The benefits are clearly laid out in the T&Cs and the specific detail of how that is executed at different hotels and brands can be found in the lounge thread and the threads about each hotel. Look them up for more information. Lounge access can be bought for ~$30-$50 or thereabouts in most hotels as a room upgrade so that's the cash value of the "free" access at Platinum. But again, varies according to specific hotel so look them up in the hotel thread on here.
You should also read the specific thread on the Platinum Challenge to answer any questions you have on qualification and validity. This thread is generally on the first page of the Bonvoy forum. You are not the only one doing it and perhaps the Mods should merge this thread into the master thread on the subject.