FlyerTalk Forums - View Single Post - What Bonvoy program pays property for point redemption
Old Aug 22, 2020 | 7:18 am
  #39  
zack14
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Join Date: Jul 2018
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Originally Posted by slidergirl
It's been a few years since I worked at St. Regis (it was pre-merger) but I was the hotel SPG Champion. I saw all the paperwork and got to do the SPG reports to send back. This St. Regis was one of those resorts where tons of SPGers used their points for a week's stay over Winter and the Winter holidays. There were times that we were over 50% SPGers on points. If we were under 95% occupancy (I think that was the threshold), the hotel was given $100-something per night per room. If we were over 95% occupancy, we got a tiny bonus. With all those redemption during our busiest time of year, we lost money, since we were charging non-points rooms at $1500+ prime weeks. The monthly business meetings with the owner were not pleasant.
Which St. Regis is this?
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