FHR hotels - even outside of Vegas - are not all $500/night, $1000/night, $2000/night or whatever crazy numbers people are throwing out here as part of some "FHR is oppressing the people" argument.
As I said up thread, I booked a Park Hyatt for ~$250 in October through FHR - the same rate Hyatt.com was asking - but FHR came with a fourth night free.
Even if there weren't a fourth night free, the FHR rate would include a $100 credit and breakfast each day, in addition to early check-in/late check out possibilities. You don't need to get an upgrade to a double deluxe presidential emperor suite to make stays at FHR properties a good value.
Yes, not every FHR property is for every person on every day, but there are plenty of good options out there.
But if travel benefits are not right for you, maybe a travel card isn't either. That's fine too.